Arrow Financial (AROW) Stock Forecast, Price & News

0 Wall Street analysts have issued 1-year price objectives for Arrow Financial's shares. Their AROW share price forecasts range from $33.00 to $33.00. On average, they expect the company's share price to reach $33.00 in the next twelve months. This suggests a possible upside of 64.8% from the stock's current price.
View analysts price targets for AROW or view top-rated stocks among Wall Street analysts.

Arrow Financial's stock was trading at $33.90 on January 1st, 2023. Since then, AROW stock has decreased by 40.9% and is now trading at $20.02.
View the best growth stocks for 2023 here.

Arrow Financial saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 159,100 shares, an increase of 5.2% from the April 30th total of 151,300 shares. Based on an average daily volume of 57,400 shares, the short-interest ratio is presently 2.8 days.
View Arrow Financial's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 6th 2023.
View our AROW earnings forecast.

Arrow Financial Co. (NASDAQ:AROW) released its quarterly earnings data on Monday, January, 30th. The financial services provider reported $0.73 EPS for the quarter, missing the consensus estimate of $0.80 by $0.07. The financial services provider earned $43.07 million during the quarter, compared to analyst estimates of $39.09 million. Arrow Financial had a trailing twelve-month return on equity of 13.82% and a net margin of 30.40%.

Arrow Financial announced a quarterly dividend on Wednesday, May 3rd. Shareholders of record on Friday, June 2nd will be given a dividend of $0.27 per share on Thursday, June 15th. This represents a $1.08 annualized dividend and a yield of 5.39%. The ex-dividend date of this dividend is Thursday, June 1st.
Read our dividend analysis for AROW.

ETFs with the largest weight of Arrow Financial (NASDAQ:AROW) stock in their portfolio include SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV), First Trust NASDAQ ABA Community Bank Index Fund (QABA),

Arrow Financial (NASDAQ:AROW) pays an annual dividend of $1.08 per share and currently has a dividend yield of 5.92%. AROW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 21 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 36.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AROW will have a dividend payout ratio of 35.53% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AROW.

Based on aggregate information from My MarketBeat watchlists, some companies that other Arrow Financial investors own include Paychex (PAYX), Seacoast Banking Co. of Florida (SBCF), Reaves Utility Income Fund (UTG), Brookfield Infrastructure Partners (BIP), Cisco Systems (CSCO), Intel (INTC), AT&T (T), Enbridge (ENB), Enterprise Products Partners (EPD) and AbbVie (ABBV).

Arrow Financial trades on the NASDAQ under the ticker symbol "AROW."

Arrow Financial's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Arrow Financial Corp (9.54%), Dimensional Fund Advisors LP (4.41%), State Street Corp (2.47%), Geode Capital Management LLC (1.75%), Renaissance Technologies LLC (1.72%) and FMR LLC (1.19%). Insiders that own company stock include Colin L Read, David S Demarco, David S Demarco, Gary C Dake, Raymond F O'conor, Thomas L Hoy and William L Owens.
View institutional ownership trends.

Shares of AROW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AROW stock can currently be purchased for approximately $20.02.

Arrow Financial (NASDAQ:AROW) has a market capitalization of $330.91 million and generates $149.24 million in revenue each year. The financial services provider earns $48.80 million in net income (profit) each year or $2.96 on an earnings per share basis.

The company employs 512 workers across the globe.

Arrow Financial's mailing address is 250 GLEN ST, GLENS FALLS NY, 12801. The official website for the company is www.arrowfinancial.com. The financial services provider can be reached via phone at (518) 745-1000 or via fax at 518-745-5513.