Arbor Realty Trust (NYSE:ABR) Shares Up 0.4%

Arbor Realty Trust, Inc. (NYSE:ABR - Get Free Report)'s stock price rose 0.4% during trading on Monday . The company traded as high as $13.09 and last traded at $13.01. Approximately 512,231 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 4,625,994 shares. The stock had previously closed at $12.96.

Wall Street Analyst Weigh In

ABR has been the subject of a number of recent analyst reports. Keefe, Bruyette & Woods reduced their price objective on shares of Arbor Realty Trust from $14.50 to $13.50 and set a "market perform" rating for the company in a research report on Wednesday, February 21st. JMP Securities dropped their target price on shares of Arbor Realty Trust from $19.00 to $17.00 and set a "market outperform" rating for the company in a report on Thursday, February 1st. Wedbush reaffirmed an "outperform" rating and issued a $17.00 target price on shares of Arbor Realty Trust in a report on Tuesday, February 20th. Finally, TheStreet raised shares of Arbor Realty Trust from a "d+" rating to a "c" rating in a report on Monday, March 18th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $15.67.

Get Our Latest Stock Analysis on ABR


Arbor Realty Trust Stock Performance

The company has a current ratio of 36.02, a quick ratio of 36.02 and a debt-to-equity ratio of 3.21. The stock's 50 day moving average price is $12.98 and its two-hundred day moving average price is $13.64. The firm has a market capitalization of $2.44 billion, a PE ratio of 7.35 and a beta of 1.97.

Arbor Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Monday, March 4th were issued a $0.43 dividend. The ex-dividend date was Friday, March 1st. This represents a $1.72 dividend on an annualized basis and a dividend yield of 13.29%. Arbor Realty Trust's dividend payout ratio (DPR) is presently 97.73%.

Insider Buying and Selling at Arbor Realty Trust

In related news, Director William C. Green bought 10,209 shares of the company's stock in a transaction dated Monday, March 18th. The stock was bought at an average price of $12.93 per share, with a total value of $132,002.37. Following the transaction, the director now owns 162,809 shares of the company's stock, valued at $2,105,120.37. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. 3.40% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Financial Freedom LLC acquired a new stake in shares of Arbor Realty Trust in the 4th quarter worth approximately $27,000. State of Wyoming acquired a new stake in shares of Arbor Realty Trust in the 4th quarter worth approximately $27,000. ICA Group Wealth Management LLC acquired a new stake in shares of Arbor Realty Trust in the 4th quarter worth approximately $35,000. Cape Investment Advisory Inc. boosted its holdings in Arbor Realty Trust by 671.7% during the fourth quarter. Cape Investment Advisory Inc. now owns 2,315 shares of the real estate investment trust's stock worth $35,000 after buying an additional 2,015 shares in the last quarter. Finally, Sound Income Strategies LLC boosted its holdings in Arbor Realty Trust by 322.1% during the fourth quarter. Sound Income Strategies LLC now owns 2,347 shares of the real estate investment trust's stock worth $36,000 after buying an additional 1,791 shares in the last quarter. 57.25% of the stock is owned by institutional investors and hedge funds.

About Arbor Realty Trust

(Get Free Report)

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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