ARBOR Rlty Tr I/SH (ABR) Rating Reiterated by JMP Securities

ARBOR Rlty Tr I/SH (NYSE:ABR)‘s stock had its “buy” rating restated by JMP Securities in a research note issued on Wednesday. They currently have a $12.00 target price on the real estate investment trust’s stock. JMP Securities’ target price would indicate a potential upside of 4.90% from the company’s previous close.

Several other research analysts have also recently weighed in on the stock. Deutsche Bank cut shares of ARBOR Rlty Tr I/SH from a “buy” rating to a “hold” rating and set a $9.50 price objective for the company. in a research report on Tuesday, July 24th. Zacks Investment Research cut shares of ARBOR Rlty Tr I/SH from a “buy” rating to a “hold” rating in a research report on Monday, April 30th. ValuEngine cut shares of ARBOR Rlty Tr I/SH from a “buy” rating to a “hold” rating in a research report on Friday, June 1st. JPMorgan Chase & Co. lifted their target price on shares of ARBOR Rlty Tr I/SH from $9.00 to $10.00 and gave the stock a “$11.27” rating in a report on Monday, July 23rd. Finally, Raymond James initiated coverage on shares of ARBOR Rlty Tr I/SH in a report on Monday, July 30th. They set a “market perform” rating for the company. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $10.63.

ABR stock opened at $11.44 on Wednesday. The company has a debt-to-equity ratio of 2.25, a current ratio of 12.66 and a quick ratio of 12.66. ARBOR Rlty Tr I/SH has a fifty-two week low of $7.88 and a fifty-two week high of $11.81. The company has a market capitalization of $862.47 million, a P/E ratio of 11.00 and a beta of 0.20.



ARBOR Rlty Tr I/SH (NYSE:ABR) last posted its quarterly earnings data on Friday, August 3rd. The real estate investment trust reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.01). ARBOR Rlty Tr I/SH had a return on equity of 12.62% and a net margin of 38.56%. The company had revenue of $21.40 million during the quarter, compared to the consensus estimate of $20.97 million. The business’s revenue was up 51.8% on a year-over-year basis. sell-side analysts forecast that ARBOR Rlty Tr I/SH will post 1.17 EPS for the current fiscal year.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Prudential Financial Inc. grew its holdings in ARBOR Rlty Tr I/SH by 92.0% during the 1st quarter. Prudential Financial Inc. now owns 360,500 shares of the real estate investment trust’s stock worth $3,180,000 after acquiring an additional 172,700 shares during the period. Principal Financial Group Inc. grew its holdings in ARBOR Rlty Tr I/SH by 10.2% during the 1st quarter. Principal Financial Group Inc. now owns 64,356 shares of the real estate investment trust’s stock worth $568,000 after acquiring an additional 5,979 shares during the period. Campbell & CO Investment Adviser LLC acquired a new stake in ARBOR Rlty Tr I/SH during the 2nd quarter worth $365,000. Schwab Charles Investment Management Inc. grew its holdings in ARBOR Rlty Tr I/SH by 16.7% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 142,267 shares of the real estate investment trust’s stock worth $1,255,000 after acquiring an additional 20,355 shares during the period. Finally, Aperio Group LLC grew its holdings in ARBOR Rlty Tr I/SH by 84.9% during the 1st quarter. Aperio Group LLC now owns 30,637 shares of the real estate investment trust’s stock worth $270,000 after acquiring an additional 14,066 shares during the period. 46.02% of the stock is owned by hedge funds and other institutional investors.

About ARBOR Rlty Tr I/SH

Arbor Realty Trust, Inc invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. It operates in two segments, Structured Business and Agency Business. The company primarily invests in real estate-related bridge and mezzanine loans, including junior participating interests in first mortgages, and preferred and direct equity, as well as real estate-related notes and various mortgage-related securities.

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