Arbor Realty Trust, Inc. (NYSE:ABR) Receives Consensus Recommendation of "Reduce" from Analysts

Arbor Realty Trust, Inc. (NYSE:ABR - Get Free Report) has been assigned an average recommendation of "Reduce" from the six brokerages that are covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, three have given a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $13.75.

A number of analysts have weighed in on ABR shares. Raymond James cut Arbor Realty Trust from an "outperform" rating to a "market perform" rating in a research report on Monday, February 24th. Keefe, Bruyette & Woods cut their target price 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. Finally, JPMorgan Chase & Co. reduced their price objective on shares of 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.

Arbor Realty Trust Stock Performance

Shares of Arbor Realty Trust stock traded down $0.18 during trading on Wednesday, reaching $12.23. The company's stock had a trading volume of 320,617 shares, compared to its average volume of 3,244,807. The company has a 50-day moving average price of $13.13 and a two-hundred day moving average price of $14.08. Arbor Realty Trust has a fifty-two week low of $11.43 and a fifty-two week high of $15.94. The firm has a market cap of $2.32 billion, a PE ratio of 10.31 and a beta of 2.05. The company has a current ratio of 37.49, a quick ratio of 35.68 and a debt-to-equity ratio of 2.41.

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

Arbor Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Friday, March 7th will be paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 14.07%. The ex-dividend date of this dividend is Friday, March 7th. Arbor Realty Trust's payout ratio is currently 144.54%.

Institutional Trading of Arbor Realty Trust

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Palogic Value Management L.P. grew its holdings in shares of Arbor Realty Trust by 12.8% during the fourth quarter. Palogic Value Management L.P. now owns 94,298 shares of the real estate investment trust's stock worth $1,306,000 after buying an additional 10,675 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Arbor Realty Trust in the 4th quarter worth approximately $1,322,000. Bernard Wealth Management Corp. acquired a new position in Arbor Realty Trust in the 4th quarter valued at $36,000. GTS Securities LLC lifted its stake in shares of Arbor Realty Trust by 126.4% during the 4th quarter. GTS Securities LLC now owns 12,827 shares of the real estate investment trust's stock worth $178,000 after purchasing an additional 61,427 shares during the period. Finally, Novem Group purchased a new position in shares of Arbor Realty Trust during the 4th quarter worth $239,000. Hedge funds and other institutional investors own 57.25% of the company's stock.

Arbor Realty Trust Company Profile

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.