NASDAQ:AROW Arrow Financial (AROW) Stock Forecast, Price & News $20.02 +1.82 (+10.00%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$18.34▼$20.1050-Day Range$17.85▼$25.5952-Week Range$17.63▼$36.51Volume68,604 shsAverage Volume59,225 shsMarket Capitalization$330.91 millionP/E Ratio6.77Dividend Yield5.39%Price Target$33.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Arrow Financial MarketRank™ ForecastAnalyst RatingN/A0.00 Rating ScoreUpside/Downside64.8% Upside$33.00 Price TargetShort InterestHealthy0.96% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.64Upright™ Environmental ScoreNews Sentiment0.33Based on 3 Articles This WeekInsider TradingAcquiring Shares$27,570 Bought Last QuarterProj. Earnings Growth4.83%From $2.90 to $3.04 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.63 out of 5 starsFinance Sector305th out of 873 stocksNational Commercial Banks Industry47th out of 84 stocks 2.0 Analyst's Opinion Price Target Upside/DownsideAccording to analysts' consensus price target of $33.00, Arrow Financial has a forecasted upside of 64.8% from its current price of $20.02.Amount of Analyst CoverageArrow Financial has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.96% of the outstanding shares of Arrow Financial have been sold short.Short Interest Ratio / Days to CoverArrow Financial has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Arrow Financial has recently increased by 5.16%, indicating that investor sentiment is decreasing significantly. Previous Next 5.0 Dividend Strength Dividend LeadershipArrow Financial is a leading dividend payer. It pays a dividend yield of 5.92%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthArrow Financial has been increasing its dividend for 21 years.Dividend CoverageThe dividend payout ratio of Arrow Financial is 36.49%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Arrow Financial will have a dividend payout ratio of 35.53% next year. This indicates that Arrow Financial will be able to sustain or increase its dividend. Previous Next 3.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreArrow 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 SustainabilityThe Environmental Impact score for Arrow Financial is -0.64. Previous Next 1.8 News and Social Media Coverage News SentimentArrow Financial has a news sentiment score of 0.33. 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 lower news sentiment than the 0.64 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Arrow Financial this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for AROW on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Arrow Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -29% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Arrow Financial insiders have bought more of their company's stock than they have sold. Specifically, they have bought $27,570.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 4.19% of the stock of Arrow Financial is held by insiders.Percentage Held by Institutions44.18% of the stock of Arrow Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Arrow Financial are expected to grow by 4.83% in the coming year, from $2.90 to $3.04 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Arrow Financial is 6.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.07.Price to Earnings Ratio vs. SectorThe P/E ratio of Arrow Financial is 6.77, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 158.56.Price to Book Value per Share RatioArrow Financial has a P/B Ratio of 0.89. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Arrow Financial (NASDAQ:AROW) StockArrow Financial Corp. is a bank holding company, which engages in the provision of banking and insurance services through its subsidiaries, Glens Falls National and Saratoga National. It offers deposit accounts, lending activities, insurance products, and loans. The company was founded on March 21, 1983 and is headquartered in Glens Falls, NY.Read More 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. Email Address AROW Stock News HeadlinesJune 1, 2023 | ca.finance.yahoo.comAROW - Arrow Financial CorporationMay 31, 2023 | americanbankingnews.comArrow Financial Co. (NASDAQ:AROW) Short Interest Up 5.2% in MayJune 3, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 30, 2023 | americanbankingnews.comArrow Financial Co. (AROW) To Go Ex-Dividend on June 1stMay 23, 2023 | americanbankingnews.comArrow Financial (NASDAQ:AROW) Lifted to "Hold" at StockNews.comMay 17, 2023 | bizjournals.comBallston Spa Bancorp, Arrow Financial name new board chairsMay 17, 2023 | bizjournals.comMurphy out as CEO of Arrow Financial, Glens Falls National BankMay 16, 2023 | finance.yahoo.comUPDATE 2-Ex-bank executive steps down from NY Fed boardJune 3, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 16, 2023 | ca.finance.yahoo.comEx-bank executive steps down from NY Fed boardMay 16, 2023 | marketwatch.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Arrow Financial Corporation - AROWMay 16, 2023 | americanbankingnews.comArrow Financial (NASDAQ:AROW) Downgraded by StockNews.comMay 15, 2023 | markets.businessinsider.comArrow Financial Says Thomas Murphy Terminates CEO Role, Replacement Named; Stock Up In Pre-MarketMay 15, 2023 | marketwatch.comArrow Financial President, CEO Thomas Murphy Ends Employment >AROWMay 15, 2023 | finance.yahoo.comThomas J. Murphy Terminates Employment as Arrow Financial Corporation President and CEO and as a Director of Arrow Financial Corporation; David S. DeMarco Appointed President and CEOMay 7, 2023 | finance.yahoo.comArrow Financial (NASDAQ:AROW) Will Pay A Dividend Of $0.27May 4, 2023 | markets.businessinsider.comArrow Electronics Guides Q2 Adj. EPS Above Estimates - UpdateMay 3, 2023 | finance.yahoo.comArrow Declares June 2023 Cash DividendApril 23, 2023 | finance.yahoo.comBearish Bets: 3 Stocks You Really Should Think About Shorting This WeekApril 17, 2023 | finance.yahoo.comArrow Financial Corporation (NASDAQ:AROW) most popular amongst retail investors who own 51% of the shares, institutions hold 45%April 13, 2023 | americanbankingnews.comArrow Financial (NASDAQ:AROW) Raised to "Hold" at StockNews.comApril 5, 2023 | finance.yahoo.comArrow Financial Corporation Announces Receipt of NASDAQ Noncompliance NoticeApril 5, 2023 | americanbankingnews.comArrow Financial (NASDAQ:AROW) Rating Lowered to Sell at StockNews.comApril 3, 2023 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Financial Companies: Banner (BANR), Arrow Financial (AROW) and NY Community (NYCB)April 1, 2023 | americanbankingnews.comArrow Financial Co. (NASDAQ:AROW) Sees Significant Growth in Short InterestFebruary 25, 2023 | finance.yahoo.comArrow Financial (NASDAQ:AROW) Could Be A Buy For Its Upcoming DividendFebruary 7, 2023 | finance.yahoo.comArrow Financial (NASDAQ:AROW) Has Affirmed Its Dividend Of $0.27See More Headlines AROW Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AROW Company Calendar Last Earnings1/30/2023Ex-Dividend for 3/15 Dividend3/02/2023Dividend Payable3/15/2023Ex-Dividend for 6/15 Dividend6/01/2023Today6/03/2023Next Earnings (Estimated)6/06/2023Dividend Payable6/15/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry National commercial banks Sub-IndustrySpecialized Finance SectorFinance Current SymbolNASDAQ:AROW CUSIP04274410 CIK717538 Webwww.arrowfinancial.com Phone(518) 745-1000Fax518-745-5513Employees512Year FoundedN/APrice Target and Rating Average Stock Price Forecast$33.00 High Stock Price Forecast$33.00 Low Stock Price Forecast$33.00 Forecasted Upside/Downside+64.8%Consensus RatingN/A Rating Score (0-4)0.00 Research Coverage0 Analysts Profitability EPS (Most Recent Fiscal Year)$2.96 Trailing P/E Ratio6.77 Forward P/E Ratio6.90 P/E GrowthN/ANet Income$48.80 million Net Margins30.40% Pretax Margin39.59% Return on Equity13.82% Return on Assets1.18% Debt Debt-to-Equity Ratio0.15 Current Ratio0.86 Quick Ratio0.86 Sales & Book Value Annual Sales$149.24 million Price / Sales2.22 Cash Flow$3.84 per share Price / Cash Flow5.21 Book Value$22.49 per share Price / Book0.89Miscellaneous Outstanding Shares16,529,000Free Float15,836,000Market Cap$330.91 million OptionableOptionable Beta0.66 Key ExecutivesDavid S. DeMarcoPresident & Chief Executive OfficerAndrew J. WiseChief Operating Officer, Secretary & Senior EVPPenko Krassimir IvanovCFO, Treasurer, Chief Accounting Officer & EVPLeslie MungerDirector-Compliance & RiskDavid D. KaiserChief Credit Officer & Senior Executive VPKey CompetitorsNewtekOneNASDAQ:NEWTGuaranty BancsharesNASDAQ:GNTYAmerican National BanksharesNASDAQ:AMNBCarter BanksharesNASDAQ:CAREAlerus FinancialNASDAQ:ALRSView All CompetitorsInsiders & InstitutionsJPMorgan Chase & Co.Bought 4,823 shares on 5/18/2023Ownership: 0.113%State Street CorpBought 33,564 shares on 5/16/2023Ownership: 2.469%Geode Capital Management LLCBought 6,048 shares on 5/16/2023Ownership: 1.754%First Trust Advisors LPSold 5,231 shares on 5/16/2023Ownership: 0.050%Deutsche Bank AGBought 2,293 shares on 5/15/2023Ownership: 0.053%View All Insider TransactionsView All Institutional Transactions AROW Stock - Frequently Asked Questions What is Arrow Financial's stock price forecast for 2023? 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. How have AROW shares performed in 2023? 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. Are investors shorting Arrow Financial? 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. When is Arrow Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 6th 2023. View our AROW earnings forecast. How were Arrow Financial's earnings last quarter? 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%. How often does Arrow Financial pay dividends? What is the dividend yield for Arrow Financial? 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. What ETFs hold Arrow Financial's stock? 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), 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 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. 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). What is Arrow Financial's stock symbol? Arrow Financial trades on the NASDAQ under the ticker symbol "AROW." Who are Arrow Financial's major shareholders? 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. 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. What is Arrow Financial's stock price today? One share of AROW stock can currently be purchased for approximately $20.02. How much money does Arrow Financial make? 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. How many employees does Arrow Financial have? The company employs 512 workers across the globe. How can I contact Arrow Financial? 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. This page (NASDAQ:AROW) was last updated on 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Arrow Financial Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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