Shares of Arbor Realty Trust, Inc. (NYSE:ABR – Get Free Report) have received an average recommendation of “Hold” from the six research firms that are covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $14.67.
ABR has been the subject of several recent research reports. TheStreet upgraded shares of Arbor Realty Trust from a “d+” rating to a “c” rating in a research note on Monday, March 18th. Keefe, Bruyette & Woods increased their price objective on shares of Arbor Realty Trust from $13.25 to $14.00 and gave the stock a “market perform” rating in a research note on Wednesday. Wedbush reissued a “neutral” rating and issued a $13.00 target price on shares of Arbor Realty Trust in a report on Monday, May 6th. JPMorgan Chase & Co. lowered their target price on Arbor Realty Trust from $12.50 to $12.00 and set an “underweight” rating for the company in a report on Wednesday, April 10th. Finally, JMP Securities cut their price target on Arbor Realty Trust from $17.00 to $16.00 and set a “market outperform” rating on the stock in a report on Thursday, June 20th.
Read Our Latest Stock Report on ABR
Institutional Trading of Arbor Realty Trust
Arbor Realty Trust Price Performance
Shares of ABR opened at $15.53 on Friday. Arbor Realty Trust has a 52 week low of $11.77 and a 52 week high of $17.74. The company has a current ratio of 36.63, a quick ratio of 36.63 and a debt-to-equity ratio of 3.14. The firm has a market cap of $2.93 billion, a price-to-earnings ratio of 9.65 and a beta of 2.03. The stock has a 50 day moving average of $13.95 and a 200-day moving average of $13.59.
Arbor Realty Trust Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, May 31st. Shareholders of record on Friday, May 17th were given a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 11.08%. The ex-dividend date of this dividend was Thursday, May 16th. Arbor Realty Trust’s dividend payout ratio (DPR) is presently 106.83%.
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.
Featured Stories
- Five stocks we like better than Arbor Realty Trust
- How to Invest in the Best Canadian StocksĀ
- Sales Breakout Sends This Semiconductor Stock to Record High
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- Surprise Buying Opportunity on This Dividend Aristocrat
- What Are Growth Stocks and Investing in Them
- New Theme Park Powerhouse: Merger Creates Industry-Leading Stock
Receive News & Ratings for Arbor Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arbor Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.