Brokerages Set Arbor Realty Trust, Inc. (NYSE:ABR) Target Price at $14.25

Shares of Arbor Realty Trust, Inc. (NYSE:ABR - Get Free Report) have been given an average rating of "Hold" by the six research firms that are currently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and two have given a buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $14.25.

ABR has been the subject of a number of recent analyst reports. Raymond James increased their price target on shares of Arbor Realty Trust from $15.00 to $16.00 and gave the company an "outperform" rating in a research note on Thursday, September 19th. JPMorgan Chase & Co. lifted their price target on Arbor Realty Trust from $12.00 to $13.50 and gave the stock an "underweight" rating in a report on Thursday, October 17th. Finally, JMP Securities boosted their price target on Arbor Realty Trust from $16.00 to $16.50 and gave the stock a "market outperform" rating in a research report on Friday, September 27th.

Arbor Realty Trust Stock Down 1.9 %

Shares of NYSE:ABR traded down $0.26 during midday trading on Friday, hitting $13.66. The stock had a trading volume of 1,904,555 shares, compared to its average volume of 3,629,295. The company has a market cap of $2.58 billion, a P/E ratio of 10.12 and a beta of 2.03. Arbor Realty Trust has a 12 month low of $11.92 and a 12 month high of $16.13. The business's 50-day simple moving average is $14.64 and its 200-day simple moving average is $14.29. The company has a quick ratio of 35.68, a current ratio of 35.68 and a debt-to-equity ratio of 2.67.

Arbor Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Friday, November 15th were issued a $0.43 dividend. The ex-dividend date was Friday, November 15th. This represents a $1.72 annualized dividend and a yield of 12.59%. Arbor Realty Trust's dividend payout ratio is currently 127.41%.

Insider Transactions at Arbor Realty Trust

In other news, Director William C. Green bought 5,269 shares of the company's stock in a transaction dated Thursday, December 5th. The stock was bought at an average price of $14.17 per share, with a total value of $74,661.73. Following the completion of the acquisition, the director now owns 178,797 shares of the company's stock, valued at $2,533,553.49. This represents a 3.04 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 3.70% of the company's stock.

Institutional Trading of Arbor Realty Trust

Several hedge funds and other institutional investors have recently bought and sold shares of ABR. B. Riley Wealth Advisors Inc. grew its position in shares of Arbor Realty Trust by 44.5% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 23,228 shares of the real estate investment trust's stock worth $354,000 after purchasing an additional 7,156 shares in the last quarter. Franklin Resources Inc. grew its position in Arbor Realty Trust by 3.3% during the third quarter. Franklin Resources Inc. now owns 82,613 shares of the real estate investment trust's stock worth $1,259,000 after buying an additional 2,636 shares in the last quarter. Synovus Financial Corp bought a new position in Arbor Realty Trust during the 3rd quarter worth $305,000. Sfmg LLC raised its holdings in Arbor Realty Trust by 25.6% in the 3rd quarter. Sfmg LLC now owns 17,509 shares of the real estate investment trust's stock valued at $272,000 after acquiring an additional 3,569 shares in the last quarter. Finally, Virtu Financial LLC bought a new stake in shares of Arbor Realty Trust during the 3rd quarter valued at $223,000. Institutional investors and hedge funds 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.