Arbor Realty Trust, Inc. (NYSE:ABR) Receives Consensus Rating of "Reduce" from Analysts

Shares of Arbor Realty Trust, Inc. (NYSE:ABR - Get Free Report) have earned a consensus recommendation of "Reduce" from the six analysts that are covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $13.38.

ABR has been the subject of a number of research analyst reports. JPMorgan Chase & Co. cut their price target on Arbor Realty Trust from $11.50 to $10.50 and set an "underweight" rating for the company in a report on Wednesday, April 16th. Raymond James lowered shares of Arbor Realty Trust from an "outperform" rating to a "market perform" rating in a research report on Monday, February 24th. Finally, Keefe, Bruyette & Woods lowered their price target on shares of Arbor Realty Trust from $12.00 to $11.75 and set a "market perform" rating for the company in a report on Monday, April 7th.

Arbor Realty Trust Trading Down 0.4 %

Shares of Arbor Realty Trust stock opened at $11.53 on Thursday. The stock has a market capitalization of $2.22 billion, a P/E ratio of 9.69 and a beta of 1.66. Arbor Realty Trust has a 12-month low of $9.66 and a 12-month high of $15.94. The company has a quick ratio of 35.68, a current ratio of 37.49 and a debt-to-equity ratio of 2.41. The company has a 50-day simple moving average of $11.63 and a 200 day simple moving average of $13.33.

Arbor Realty Trust (NYSE:ABR - Get Free Report) last posted its earnings results on Friday, February 21st. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.41 by ($0.02). Arbor Realty Trust had a net margin of 22.66% and a return on equity of 14.75%. The firm had revenue of $262.87 million during the quarter, compared to the consensus estimate of $88.92 million. Research analysts expect that Arbor Realty Trust will post 1.65 earnings per share for the current fiscal year.

Arbor Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, March 7th were issued a $0.43 dividend. The ex-dividend date was Friday, March 7th. This represents a $1.72 annualized dividend and a dividend yield of 14.92%. Arbor Realty Trust's dividend payout ratio (DPR) is currently 144.54%.

Institutional Trading of Arbor Realty Trust

A number of large investors have recently bought and sold shares of ABR. Raymond James Financial Inc. acquired a new position in shares of Arbor Realty Trust in the fourth quarter valued at approximately $15,967,000. Invesco Ltd. boosted its stake in Arbor Realty Trust by 90.2% in the 4th quarter. Invesco Ltd. now owns 1,687,307 shares of the real estate investment trust's stock worth $23,369,000 after purchasing an additional 799,973 shares during the period. Norges Bank bought a new position in Arbor Realty Trust during the 4th quarter worth about $8,419,000. Tudor Investment Corp ET AL raised its stake in shares of Arbor Realty Trust by 496.9% in the 4th quarter. Tudor Investment Corp ET AL now owns 450,822 shares of the real estate investment trust's stock valued at $6,244,000 after purchasing an additional 375,293 shares during the period. Finally, Northern Trust Corp lifted its holdings in shares of Arbor Realty Trust by 10.0% in the fourth quarter. Northern Trust Corp now owns 2,432,509 shares of the real estate investment trust's stock valued at $33,690,000 after purchasing an additional 220,471 shares in the last quarter. 57.25% of the stock is owned by institutional investors.

Arbor Realty Trust Company Profile

Arbor Realty Trust, Inc invests in a diversified portfolio of structured finance assets in the multifamily, single-family rental, and commercial real estate markets in the United States. The company operates through Structured Business and Agency Business segments. It primarily invests in bridge and mezzanine loans, including junior participating interests in first mortgages, and preferred and direct equity, as well as real estate-related joint ventures, real estate-related notes, and various mortgage-related securities.

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