Arbor Realty Trust, Inc. (NYSE:ABR) to Issue $0.43 Quarterly Dividend

Arbor Realty Trust, Inc. (NYSE:ABR - Get Free Report) declared a quarterly dividend on Monday, February 24th, Wall Street Journal reports. Shareholders of record on Friday, March 7th will be paid a dividend of 0.43 per share by the real estate investment trust on Friday, March 21st. This represents a $1.72 dividend on an annualized basis and a dividend yield of 14.10%. The ex-dividend date is Friday, March 7th.

Arbor Realty Trust has raised its dividend payment by an average of 7.6% per year over the last three years and has increased its dividend annually for the last 13 consecutive years. Arbor Realty Trust has a dividend payout ratio of 100.0% meaning its dividend is currently covered by earnings, but may not be in the future if the company's earnings decline.

Arbor Realty Trust Stock Down 0.5 %

Shares of Arbor Realty Trust stock traded down $0.07 on Thursday, reaching $12.20. 2,689,016 shares of the company were exchanged, compared to its average volume of 3,313,778. The company has a current ratio of 37.49, a quick ratio of 35.68 and a debt-to-equity ratio of 2.41. The company has a market capitalization of $2.30 billion, a price-to-earnings ratio of 10.25 and a beta of 2.03. Arbor Realty Trust has a one year low of $11.43 and a one year high of $15.94. The company has a 50-day moving average of $13.52 and a 200 day moving average of $14.17.

Arbor Realty Trust (NYSE:ABR - Get Free Report) last issued its earnings results on Friday, February 21st. The real estate investment trust reported $0.39 earnings per share for the quarter, missing analysts' consensus estimates of $0.41 by ($0.02). The business had revenue of $262.87 million during the quarter, compared to the consensus estimate of $88.92 million. Arbor Realty Trust had a return on equity of 14.75% and a net margin of 22.66%. On average, equities research analysts forecast that Arbor Realty Trust will post 1.65 earnings per share for the current year.

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Insider Buying and Selling at Arbor Realty Trust

In related news, Director William C. Green bought 5,269 shares of the company's stock in a transaction that occurred on Thursday, December 5th. The stock was purchased at an average price of $14.17 per share, for a total transaction of $74,661.73. Following the acquisition, the director now owns 178,797 shares of the company's stock, valued at approximately $2,533,553.49. This trade represents a 3.04 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. 3.70% of the stock is owned by insiders.

Analyst Ratings Changes

ABR has been the topic of a number of research analyst reports. Keefe, Bruyette & Woods decreased their target price on Arbor Realty Trust from $13.50 to $12.00 and set a "market perform" rating on the stock in a research note on Tuesday. Raymond James lowered Arbor Realty Trust from an "outperform" rating to a "market perform" rating in a research report on Monday. Finally, JPMorgan Chase & Co. reduced their target price on Arbor Realty Trust from $13.50 to $12.50 and set an "underweight" rating for the company in a report on Tuesday, January 21st. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $13.75.

About Arbor Realty Trust

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.