How have AROW shares performed in 2023?

Arrow Financial's stock was trading at $33.90 at the start of the year. Since then, AROW stock has decreased by 22.7% and is now trading at $26.21. View the best growth stocks for 2023 here .

Are investors shorting Arrow Financial?

Arrow Financial saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 163,800 shares, an increase of 14.5% from the October 31st total of 143,000 shares. Based on an average trading volume of 54,700 shares, the days-to-cover ratio is currently 3.0 days. View Arrow Financial's Short Interest .

When is Arrow Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, January 29th 2024. View our AROW earnings forecast .

How were Arrow Financial's earnings last quarter?

Arrow Financial Co. (NASDAQ:AROW) released its quarterly earnings data on Tuesday, October, 24th. The financial services provider reported $0.46 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.33 by $0.13. The financial services provider earned $33.40 million during the quarter, compared to analysts' expectations of $32.64 million. Arrow Financial had a net margin of 18.83% and a trailing twelve-month return on equity of 9.58%.

How often does Arrow Financial pay dividends? What is the dividend yield for Arrow Financial?

Arrow Financial announced a quarterly dividend on Wednesday, October 25th. Shareholders of record on Friday, December 1st will be paid a dividend of $0.27 per share on Friday, December 15th. This represents a $1.08 annualized dividend and a yield of 4.12%. The ex-dividend date of this dividend is Thursday, November 30th. Read our dividend analysis for AROW .

Is Arrow Financial a good dividend stock?

Arrow Financial (NASDAQ:AROW) pays an annual dividend of $1.08 per share and currently has a dividend yield of 4.08%. 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 22 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 53.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AROW will have a dividend payout ratio of 43.37% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for AROW .

What other stocks do shareholders of Arrow Financial own?

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) .

Who are Arrow Financial's major shareholders?

Arrow Financial's stock is owned by a variety of retail and institutional investors. Top institutional investors include Northern Trust Corp (0.91%), American Century Companies Inc. (0.88%), Charles Schwab Investment Management Inc. (0.75%), Bank of New York Mellon Corp (0.71%), UBS Group AG (0.37%) and Johnson Investment Counsel Inc. (0.36%). Insiders that own company stock include Andrew J Wise, Colin L Read, David D Kaiser, David S Demarco, David S Demarco , Gary C Dake, Raymond F O'conor and William L Owens. View institutional ownership trends .

How do I buy shares of Arrow Financial?

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. Compare Top Brokerages Here .

Arrow Financial Stock Price, News & Analysis (NASDAQ:AROW)

$26.21

-0.23 (-0.87%)

(As of 12/4/2023 ET)

Compare

Today's Range: $26.05
▼
$26.74
50-Day Range: $16.83
▼
$26.44
52-Week Range: $16.65
▼
$35.41

Volume: 45,330 shs
Average Volume: 51,531 shs
Market Capitalization: $447.14 million

P/E Ratio: 12.96
Dividend Yield: 4.12%
Price Target: N/A

Arrow Financial MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.96% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.64
Upright™ Environmental Score
News Sentiment: 0.81
Based on 4 Articles This Week
Insider Trading: Acquiring Shares
$403,584 Bought Last Quarter
Proj. Earnings Growth: 36.81%
From $1.82 to $2.49 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.36 out of 5 stars

Finance Sector

4th out of 822 stocks

National Commercial Banks Industry

2nd out of 80 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Arrow Financial.

3.0

Short Interest

Percentage of Shares Shorted
0.96% of the outstanding shares of Arrow Financial have been sold short.
Short Interest Ratio / Days to Cover
Arrow Financial has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Arrow Financial has recently increased by 14.55%, indicating that investor sentiment is decreasing significantly.

5.0

Dividend Strength

Dividend Leadership
Arrow Financial is a leading dividend payer. It pays a dividend yield of 4.08%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Arrow Financial has been increasing its dividend for 22 years.
Dividend Coverage
The dividend payout ratio of Arrow Financial is 53.38%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Arrow Financial will have a dividend payout ratio of 43.37% next year. This indicates that Arrow Financial will be able to sustain or increase its dividend.

3.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Arrow Financial has received a 26.70% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Cash withdrawal services", "Home insurance services for individuals", "Wire transfer services", "Home equity loans", "Home improvement financing", and "Landlord's insurance services for individuals" products. See details.
Environmental Sustainability
The Environmental Impact score for Arrow Financial is -0.64.

3.8

News and Social Media Coverage

News Sentiment
Arrow Financial has a news sentiment score of 0.81. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Arrow Financial this week, compared to 2 articles on an average week.
Search Interest
4 people have searched for AROW on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.
MarketBeat Follows
7 people have added Arrow Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 75% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Arrow Financial insiders have bought more of their company's stock than they have sold. Specifically, they have bought $403,584.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 2.91% of the stock of Arrow Financial is held by insiders.
Percentage Held by Institutions
44.90% of the stock of Arrow Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Arrow Financial are expected to grow by 36.81% in the coming year, from $1.82 to $2.49 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Arrow Financial is 12.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.47.
Price to Earnings Ratio vs. Sector
The P/E ratio of Arrow Financial is 12.96, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.52.
Price to Book Value per Share Ratio
Arrow Financial has a P/B Ratio of 1.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Arrow Financial Stock (NASDAQ:AROW)

Arrow Financial Corporation, a bank holding company, provides commercial and consumer banking, and financial products and services. The company's deposit products include demand deposits, interest-bearing checking accounts, savings deposits, time deposits, and other time deposits. Its lending activities comprise commercial loans, such as term loans, time notes, and lines of credit; and commercial real estate loans to finance real estate purchases, refinancing, expansions, and improvements to commercial properties, as well as commercial construction and land development loans to finance projects. The company's lending activities also include consumer installment loans to finance personal expenditures, personal lines of credit, overdraft protection, and automobile loans; and residential real estate loans, fixed home equity loans, and home equity lines of credit for consumers to finance home improvements, debt consolidation, education, and other uses. In addition, it maintains an indirect lending program; and sells residential real estate loan originations into the secondary market. Further, the company provides retirement planning, trust, and estate administration services for individuals, as well as pension, profit-sharing, and employee benefit plan administration services for corporations. Additionally, it offers insurance agency services comprising group health care policies and life insurance, and property and casualty insurance products; and investment advisory services to its proprietary mutual funds, as well as holds a real estate investment trust. It operates in the northeastern region of New York State in Warren, Washington, Saratoga, Essex, Clinton, Rensselaer, Albany, and Schenectady counties, as well as surrounding areas. Arrow Financial Corporation was founded in 1851 and is headquartered in Glens Falls, New York.

AROW Stock Price History

30 days | 90 days | 365 days | Advanced Chart

AROW Stock News Headlines

December 4, 2023 | yahoo.com

Stephen Amell Honors Late ‘Arrow’ Co-Star With GoFundMe

December 2, 2023 | americanbankingnews.com

Arrow Financial Co. (NASDAQ:AROW) Short Interest Up 14.5% in November

December 5, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.

November 27, 2023 | americanbankingnews.com

Arrow Financial Co. (NASDAQ:AROW) COO Andrew J. Wise Acquires 1,000 Shares

November 16, 2023 | markets.businessinsider.com

Top 5 Financial Stocks That Could Sink Your Portfolio In Q4

November 16, 2023 | morningstar.com

Arrow Financial Corp AROW

November 1, 2023 | msn.com

Arrow Financial (AROW) Price Target Increased by 11.11% to 20.40

October 31, 2023 | finance.yahoo.com

Arrow Financial's (NASDAQ:AROW) Dividend Will Be $0.27

December 5, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

October 31, 2023 | finance.yahoo.com

Insider Buying: Director Colin Read Acquires 15,000 Shares of Arrow Financial Corp

October 27, 2023 | finance.yahoo.com

Why Arrow Financial (AROW) Might be Well Poised for a Surge

October 27, 2023 | finance.yahoo.com

Why Arrow Financial Stock Is Shooting Higher This Week

October 26, 2023 | msn.com

Arrow Financial declares $0.27 dividend

October 26, 2023 | finance.yahoo.com

Arrow Declares December 2023 Cash Dividend; Announces Resumption of Dividend Reinvestment Plan and Expansion of Its Stock Repurchase Program

October 24, 2023 | markets.businessinsider.com

Arrow Financial Q3 Profit Declines

October 24, 2023 | finance.yahoo.com

Arrow Reports Q3 2023 Net Income of $7.7 Million and Earnings per Share of $0.46, Loans of $3.1 Billion on 9% Annualized Loan Growth

October 24, 2023 | finance.yahoo.com

Arrow Financial (AROW) Q3 Earnings and Revenues Top Estimates

October 8, 2023 | finance.yahoo.com

Arrow Financial Corporation's (NASDAQ:AROW) largest shareholders are individual investors with 53% ownership, institutions own 45%

October 3, 2023 | msn.com

Stephen Amell’s Arrow Not Supposed To Run 8 Seasons Actor Explains

October 2, 2023 | yahoo.com

Ward, Kanaan get new job titles at Arrow McLaren

September 7, 2023 | bizjournals.com

Arrow Financial names new chief banking officer

August 21, 2023 | benzinga.com

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Arrow Financial Corporation (AROW)

August 18, 2023 | stockhouse.com

TUESDAY DEADLINE NOTICE: The Schall Law Firm Encourages Investors in Arrow Financial Corporation with Losses of $100,000 to Contact the Firm

August 12, 2023 | finance.yahoo.com

Arrow Financial (NASDAQ:AROW) Has Announced A Dividend Of $0.27

August 12, 2023 | finance.yahoo.com

Arrow Financial (NASDAQ:AROW) shareholders have endured a 33% loss from investing in the stock five years ago

August 10, 2023 | benzinga.com

AROW Investors: Contact Robbins LLP for Information Regarding the Pending Lead Plaintiff Deadline in the Arrow Financial Corp. Class Action

August 8, 2023 | stockhouse.com

INVESTOR ACTION NOTICE: The Schall Law Firm Encourages Investors in Arrow Financial Corporation with Losses of $100,000 to Contact the Firm

See More Headlines

Receive AROW Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Arrow Financial and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 9/15 Dividend: 8/31/2023
Dividend Payable: 9/15/2023
Last Earnings: 10/24/2023
Ex-Dividend for 12/15 Dividend: 11/30/2023
Today: 12/05/2023
Dividend Payable: 12/15/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 1/29/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: National commercial banks
Sub-Industry: Specialized Finance
Sector: Finance
Current Symbol: NASDAQ:AROW
CUSIP: 04274410
CIK: 717538
Web: www.arrowfinancial.com
Phone: (518) 745-1000
Fax: 518-745-5513
Employees: 500
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $2.0231
Trailing P/E Ratio: 12.96
Forward P/E Ratio: 14.40
P/E Growth: N/A
Net Income: $48.80 million
Net Margins: 18.83%
Pretax Margin: 23.88%
Return on Equity: 9.58%
Return on Assets: 0.84%

Debt

Debt-to-Equity Ratio: 0.07
Current Ratio: 0.89
Quick Ratio: 0.89

Sales & Book Value

Annual Sales: $160.55 million
Price / Sales: 2.79
Cash Flow: $3.28 per share
Price / Cash Flow: 7.99
Book Value: $20.77 per share
Price / Book: 1.26

Miscellaneous

Outstanding Shares: 17,060,000
Free Float: 16,559,000
Market Cap: $447.14 million
Optionable: Optionable
Beta: 0.69

Ten Starter Stocks For Beginners to Buy Now

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

Key Executives

Mr. David S. DeMarco (Age 61)
CEO, President & Director
Comp: $605.56k
Mr. Andrew J. Wise (Age 56)
Senior Executive VP, COO & Company Secretary
Comp: $510.63k
Mr. David D. Kaiser (Age 62)
Senior Executive VP & Chief Credit Officer
Comp: $503.04k
Mr. Penko Krassimir Ivanov CPA (Age 54)
M.B.A., Senior EVP, CFO, Chief Accounting Officer & Treasurer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

AROW Stock Analysis - Frequently Asked Questions

How have AROW shares performed in 2023?: Arrow Financial's stock was trading at $33.90 at the start of the year. Since then, AROW stock has decreased by 22.7% and is now trading at $26.21.
View the best growth stocks for 2023 here.
Are investors shorting Arrow Financial?: Arrow Financial saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 163,800 shares, an increase of 14.5% from the October 31st total of 143,000 shares. Based on an average trading volume of 54,700 shares, the days-to-cover ratio is currently 3.0 days.
View Arrow Financial's Short Interest.
When is Arrow Financial's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, January 29th 2024.
View our AROW earnings forecast.
How were Arrow Financial's earnings last quarter?: Arrow Financial Co. (NASDAQ:AROW) released its quarterly earnings data on Tuesday, October, 24th. The financial services provider reported $0.46 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.33 by $0.13. The financial services provider earned $33.40 million during the quarter, compared to analysts' expectations of $32.64 million. Arrow Financial had a net margin of 18.83% and a trailing twelve-month return on equity of 9.58%.
How often does Arrow Financial pay dividends? What is the dividend yield for Arrow Financial?: Arrow Financial announced a quarterly dividend on Wednesday, October 25th. Shareholders of record on Friday, December 1st will be paid a dividend of $0.27 per share on Friday, December 15th. This represents a $1.08 annualized dividend and a yield of 4.12%. The ex-dividend date of this dividend is Thursday, November 30th.
Read our dividend analysis for AROW.

Is Arrow Financial a good dividend stock?: Arrow Financial (NASDAQ:AROW) pays an annual dividend of $1.08 per share and currently has a dividend yield of 4.08%. 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 22 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 53.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AROW will have a dividend payout ratio of 43.37% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AROW.
What other stocks do shareholders of Arrow Financial own?: 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).
Who are Arrow Financial's major shareholders?: Arrow Financial's stock is owned by a variety of retail and institutional investors. Top institutional investors include Northern Trust Corp (0.91%), American Century Companies Inc. (0.88%), Charles Schwab Investment Management Inc. (0.75%), Bank of New York Mellon Corp (0.71%), UBS Group AG (0.37%) and Johnson Investment Counsel Inc. (0.36%). Insiders that own company stock include Andrew J Wise, Colin L Read, David D Kaiser, David S Demarco, David S Demarco, Gary C Dake, Raymond F O'conor and William L Owens.
View institutional ownership trends.
How do I buy shares of Arrow Financial?: 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.
Compare Top Brokerages Here.

This page (NASDAQ:AROW) was last updated on 12/5/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Arrow Financial Stock Price, News & Analysis (NASDAQ:AROW)

Arrow Financial MarketRank™ Stock Analysis

Overall MarketRank™