Arbor Realty Trust (ABR) to Release Quarterly Earnings on Friday

Arbor Realty Trust (NYSE:ABR - Get Free Report) will announce its earnings results before the market opens on Friday, November 1st. Analysts expect the company to announce earnings of $0.40 per share for the quarter. Investors interested in participating in the company's conference call can do so using this link.

Arbor Realty Trust (NYSE:ABR - Get Free Report) last released its quarterly earnings data on Friday, August 2nd. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.02. Arbor Realty Trust had a net margin of 24.59% and a return on equity of 15.75%. The company had revenue of $297.19 million during the quarter, compared to analyst estimates of $300.69 million. During the same quarter in the prior year, the business earned $0.56 earnings per share. On average, analysts expect Arbor Realty Trust to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Arbor Realty Trust Trading Up 0.5 %

Shares of Arbor Realty Trust stock traded up $0.07 during trading hours on Monday, hitting $15.19. The company's stock had a trading volume of 1,292,577 shares, compared to its average volume of 3,901,052. Arbor Realty Trust has a 1-year low of $11.77 and a 1-year high of $16.35. The business has a fifty day moving average of $14.52 and a 200 day moving average of $13.91. The company has a market capitalization of $2.86 billion, a PE ratio of 9.43 and a beta of 2.06. The company has a quick ratio of 37.31, a current ratio of 37.31 and a debt-to-equity ratio of 2.78.

Arbor Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Friday, August 16th were given a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 11.32%. The ex-dividend date was Friday, August 16th. Arbor Realty Trust's payout ratio is currently 106.83%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on ABR shares. JMP Securities increased their price objective on shares of 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. JPMorgan Chase & Co. upped their target price on shares of Arbor Realty Trust from $12.00 to $13.50 and gave the company an "underweight" rating in a research note on Thursday, October 17th. Piper Sandler upped their target price on shares of Arbor Realty Trust from $12.00 to $12.50 and gave the company an "underweight" rating in a research note on Monday, August 5th. Keefe, Bruyette & Woods upped their target price on shares of Arbor Realty Trust from $13.25 to $14.00 and gave the company a "market perform" rating in a research note on Wednesday, July 10th. Finally, Raymond James upped their target price 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. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $14.25.

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.