Arbor Realty Trust (NYSE:ABR) Stock Price Up 0.3%

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Arbor Realty Trust, Inc. (NYSE:ABR - Get Free Report) was up 0.3% on Tuesday . The company traded as high as $13.07 and last traded at $12.97. Approximately 937,472 shares were traded during trading, a decline of 80% from the average daily volume of 4,591,817 shares. The stock had previously closed at $12.93.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on ABR shares. JMP Securities lowered their price objective on Arbor Realty Trust from $19.00 to $17.00 and set a "market outperform" rating on the stock in a research note on Thursday, February 1st. TheStreet upgraded Arbor Realty Trust from a "d+" rating to a "c" rating in a research note on Monday, March 18th. Wedbush restated an "outperform" rating and set a $17.00 price objective on shares of Arbor Realty Trust in a research note on Tuesday, February 20th. Finally, Keefe, Bruyette & Woods lowered their price objective on Arbor Realty Trust from $14.50 to $13.50 and set a "market perform" rating on the stock in a research note on Wednesday, February 21st. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat, Arbor Realty Trust currently has a consensus rating of "Hold" and a consensus target price of $15.67.

Check Out Our Latest Research Report 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 company has a market cap of $2.45 billion, a P/E ratio of 7.38 and a beta of 1.97. The company has a 50 day moving average price of $12.95 and a 200-day moving average price of $13.63.


Arbor Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Monday, March 4th were issued a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 13.24%. The ex-dividend date of this dividend was Friday, March 1st. Arbor Realty Trust's dividend payout ratio (DPR) is 97.73%.

Insider Activity at Arbor Realty Trust

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of ABR. Financial Freedom LLC acquired a new position in shares of Arbor Realty Trust in the 4th quarter valued at about $27,000. State of Wyoming acquired a new position in shares of Arbor Realty Trust in the 4th quarter valued at about $27,000. ICA Group Wealth Management LLC bought a new stake in Arbor Realty Trust in the 4th quarter valued at about $35,000. Cape Investment Advisory Inc. increased its position in Arbor Realty Trust by 671.7% in the 4th quarter. Cape Investment Advisory Inc. now owns 2,315 shares of the real estate investment trust's stock valued at $35,000 after buying an additional 2,015 shares in the last quarter. Finally, Sound Income Strategies LLC increased its position in Arbor Realty Trust by 322.1% in the 4th quarter. Sound Income Strategies LLC now owns 2,347 shares of the real estate investment trust's stock valued at $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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