Analysts Set Arbor Realty Trust, Inc. (NYSE:ABR) PT at $13.75

Arbor Realty Trust, Inc. (NYSE:ABR - Get Free Report) has received an average recommendation of "Reduce" from the six ratings firms that are currently covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, three have given a hold recommendation and one has given a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $13.71.

ABR has been the topic of several research reports. Raymond James cut Arbor Realty Trust from an "outperform" rating to a "market perform" rating in a research note on Monday, February 24th. JPMorgan Chase & Co. reduced their price target on shares of Arbor Realty Trust from $13.50 to $12.50 and set an "underweight" rating for the company in a report on Tuesday, January 21st. Finally, Keefe, Bruyette & Woods dropped their price objective on shares of Arbor Realty Trust from $12.00 to $11.75 and set a "market perform" rating on the stock in a report on Monday.

Hedge Funds Weigh In On Arbor Realty Trust

Several large investors have recently bought and sold shares of the stock. Raymond James Financial Inc. acquired a new position in shares of Arbor Realty Trust during the fourth quarter valued at approximately $15,967,000. Invesco Ltd. boosted its stake in Arbor Realty Trust by 90.2% during the 4th quarter. Invesco Ltd. now owns 1,687,307 shares of the real estate investment trust's stock valued at $23,369,000 after purchasing an additional 799,973 shares in the last quarter. Norges Bank acquired a new position in shares of Arbor Realty Trust during the 4th quarter valued at $8,419,000. Tudor Investment Corp ET AL raised its stake in shares of Arbor Realty Trust by 496.9% in the 4th 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. Finally, Northern Trust Corp lifted its holdings in shares of Arbor Realty Trust by 10.0% in the fourth quarter. Northern Trust Corp now owns 2,432,509 shares of the real estate investment trust's stock valued at $33,690,000 after buying an additional 220,471 shares during the period. Institutional investors and hedge funds own 57.25% of the company's stock.

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Arbor Realty Trust Stock Down 6.0 %

NYSE ABR traded down $0.67 on Friday, reaching $10.41. The company had a trading volume of 5,084,948 shares, compared to its average volume of 3,335,470. The company has a debt-to-equity ratio of 2.41, a current ratio of 37.49 and a quick ratio of 35.68. Arbor Realty Trust has a 1 year low of $9.66 and a 1 year high of $15.94. The firm has a 50-day moving average of $12.34 and a 200-day moving average of $13.71. The firm has a market capitalization of $1.97 billion, a PE ratio of 8.75 and a beta of 1.66.

Arbor Realty Trust (NYSE:ABR - Get Free Report) last released its quarterly 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 firm had revenue of $262.87 million for the quarter, compared to analyst estimates of $88.92 million. Arbor Realty Trust had a net margin of 22.66% and a return on equity of 14.75%. On average, equities research analysts anticipate that Arbor Realty Trust will post 1.65 EPS for the current fiscal year.

Arbor Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Friday, March 7th were issued a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 16.52%. The ex-dividend date was Friday, March 7th. Arbor Realty Trust's payout ratio is currently 144.54%.

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.