Arbor Realty Trust, Inc. (NYSE:ABR) Receives $13.75 Consensus PT from Brokerages

Arbor Realty Trust, Inc. (NYSE:ABR - Get Free Report) has been given a consensus recommendation of "Reduce" by the six ratings firms that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $13.75.

Several research analysts have recently weighed in on the company. Keefe, Bruyette & Woods decreased their price target on Arbor Realty Trust from $13.50 to $12.00 and set a "market perform" rating for the company in a research note on Tuesday, February 25th. JPMorgan Chase & Co. decreased their price target on Arbor Realty Trust from $13.50 to $12.50 and set an "underweight" rating for the company in a research note on Tuesday, January 21st. Finally, Raymond James cut Arbor Realty Trust from an "outperform" rating to a "market perform" rating in a research report on Monday, February 24th.

Arbor Realty Trust Stock Up 2.9 %

Shares of ABR stock traded up $0.35 during mid-day trading on Wednesday, hitting $12.41. The company's stock had a trading volume of 3,441,180 shares, compared to its average volume of 3,260,747. Arbor Realty Trust has a 52-week low of $11.43 and a 52-week high of $15.94. The business has a 50-day moving average price of $13.16 and a 200 day moving average price of $14.08. The company has a debt-to-equity ratio of 2.41, a quick ratio of 35.68 and a current ratio of 37.49. The stock has a market cap of $2.35 billion, a price-to-earnings ratio of 10.42 and a beta of 2.05.

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

Arbor Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Friday, March 7th will be given a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 13.87%. The ex-dividend date is Friday, March 7th. Arbor Realty Trust's dividend payout ratio (DPR) is presently 144.54%.

Institutional Trading of Arbor Realty Trust

A number of hedge funds and other institutional investors have recently bought and sold shares of ABR. Raymond James Financial Inc. purchased a new stake in Arbor Realty Trust in the fourth quarter worth about $15,967,000. Invesco Ltd. increased its position in Arbor Realty Trust by 90.2% in the fourth quarter. Invesco Ltd. now owns 1,687,307 shares of the real estate investment trust's stock worth $23,369,000 after buying an additional 799,973 shares in the last quarter. Wasatch Advisors LP increased its position in Arbor Realty Trust by 29.4% in the third quarter. Wasatch Advisors LP now owns 3,511,381 shares of the real estate investment trust's stock worth $54,637,000 after buying an additional 797,453 shares in the last quarter. Norges Bank purchased a new stake in Arbor Realty Trust in the fourth quarter worth about $8,419,000. Finally, Tudor Investment Corp ET AL increased its position in Arbor Realty Trust by 496.9% in the fourth quarter. Tudor Investment Corp ET AL now owns 450,822 shares of the real estate investment trust's stock worth $6,244,000 after buying an additional 375,293 shares in the last quarter. Hedge funds and other institutional investors own 57.25% of the company's stock.

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.