Arbor Realty Trust, Inc. (NYSE:ABR) Receives $13.75 Average PT from Analysts

Shares of Arbor Realty Trust, Inc. (NYSE:ABR) have been given a consensus rating of “Reduce” by the six ratings firms that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $13.75.

A number of equities analysts have weighed in on ABR shares. Raymond James lowered Arbor Realty Trust from an “outperform” rating to a “market perform” rating in a research report on Monday, February 24th. JPMorgan Chase & Co. lowered their price objective on shares of Arbor Realty Trust from $13.50 to $12.50 and set an “underweight” rating on the stock in a research report on Tuesday, January 21st. Finally, Keefe, Bruyette & Woods cut their target price on shares of Arbor Realty Trust from $13.50 to $12.00 and set a “market perform” rating for the company in a research report on Tuesday, February 25th.

Arbor Realty Trust Trading Up 0.4 %

NYSE:ABR opened at $12.29 on Wednesday. The stock has a market cap of $2.33 billion, a price-to-earnings ratio of 10.32 and a beta of 2.05. The company has a quick ratio of 35.68, a current ratio of 37.49 and a debt-to-equity ratio of 2.41. The company’s 50 day moving average price is $13.07 and its 200-day moving average price is $14.06. Arbor Realty Trust has a 52 week low of $11.43 and a 52 week high of $15.94.

Arbor Realty Trust (NYSE:ABR) last issued its earnings results on Friday, February 21st. The real estate investment trust reported $0.39 EPS for the quarter, missing the consensus estimate 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 for the quarter, compared to analysts’ expectations of $88.92 million. On average, equities research analysts forecast that Arbor Realty Trust will post 1.65 earnings per share for the current fiscal year.

Arbor Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Friday, March 7th will be issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 14.00%. The ex-dividend date is Friday, March 7th. Arbor Realty Trust’s payout ratio is 144.54%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Raymond James Trust N.A. lifted its position in shares of Arbor Realty Trust by 3.0% during the 3rd quarter. Raymond James Trust N.A. now owns 23,769 shares of the real estate investment trust’s stock valued at $370,000 after buying an additional 698 shares in the last quarter. Glenmede Trust Co. NA raised its stake in Arbor Realty Trust by 33.1% during the 3rd quarter. Glenmede Trust Co. NA now owns 2,818 shares of the real estate investment trust’s stock worth $44,000 after acquiring an additional 701 shares during the period. CIBC Asset Management Inc lifted its holdings in Arbor Realty Trust by 4.3% during the fourth quarter. CIBC Asset Management Inc now owns 18,676 shares of the real estate investment trust’s stock valued at $259,000 after purchasing an additional 774 shares in the last quarter. Natixis Advisors LLC boosted its position in shares of Arbor Realty Trust by 5.0% in the fourth quarter. Natixis Advisors LLC now owns 16,728 shares of the real estate investment trust’s stock worth $232,000 after purchasing an additional 797 shares during the period. Finally, Principal Securities Inc. increased its stake in shares of Arbor Realty Trust by 10.0% in the fourth quarter. Principal Securities Inc. now owns 9,062 shares of the real estate investment trust’s stock worth $126,000 after purchasing an additional 825 shares in the last quarter. 57.25% of the stock is currently 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.