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

Shares of Arbor Realty Trust, Inc. (NYSE:ABR - Get Free Report) have earned a consensus recommendation of "Reduce" from the six ratings firms that are covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $13.75.

A number of equities research analysts recently weighed in on ABR shares. JPMorgan Chase & Co. lowered their target price on shares of Arbor Realty Trust from $13.50 to $12.50 and set an "underweight" rating on the stock in a report on Tuesday, January 21st. Keefe, Bruyette & Woods decreased their price objective on shares of 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, Raymond James lowered shares of Arbor Realty Trust from an "outperform" rating to a "market perform" rating in a research note on Monday, February 24th.

Arbor Realty Trust Stock Up 2.9 %

Shares of ABR traded up $0.35 on Wednesday, reaching $12.41. The company's stock had a trading volume of 3,441,180 shares, compared to its average volume of 3,256,153. The company has a current ratio of 37.49, a quick ratio of 35.68 and a debt-to-equity ratio of 2.41. Arbor Realty Trust has a twelve month low of $11.43 and a twelve month high of $15.94. The stock has a market capitalization of $2.35 billion, a PE ratio of 10.42 and a beta of 2.05. The firm has a fifty day moving average of $13.13 and a 200-day moving average of $14.07.

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Arbor Realty Trust (NYSE:ABR - Get Free Report) last posted 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). 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 analyst estimates of $88.92 million. Equities analysts predict 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. Stockholders 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 dividend yield of 13.87%. The ex-dividend date of this dividend is Friday, March 7th. Arbor Realty Trust's dividend payout ratio is currently 144.54%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Palogic Value Management L.P. grew its position in shares of Arbor Realty Trust by 12.8% during the 4th quarter. Palogic Value Management L.P. now owns 94,298 shares of the real estate investment trust's stock valued at $1,306,000 after acquiring an additional 10,675 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Arbor Realty Trust during the 4th quarter valued at approximately $1,322,000. Bernard Wealth Management Corp. bought a new position in Arbor Realty Trust in the 4th quarter worth approximately $36,000. GTS Securities LLC boosted its holdings in Arbor Realty Trust by 126.4% in the 4th quarter. GTS Securities LLC now owns 12,827 shares of the real estate investment trust's stock worth $178,000 after buying an additional 61,427 shares during the period. Finally, Novem Group bought a new position in Arbor Realty Trust in the 4th quarter worth approximately $239,000. 57.25% of the stock is owned by institutional investors.

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.