Arbor Realty Trust, Inc. (NYSE:ABR) Given Consensus Recommendation of “Hold” by Brokerages

Arbor Realty Trust, Inc. (NYSE:ABR) has been assigned a consensus recommendation of “Hold” from the five brokerages that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $14.30.

ABR has been the topic of a number of research reports. JPMorgan Chase & Co. dropped their price objective on Arbor Realty Trust from $12.00 to $11.50 and set an “underweight” rating on the stock in a research note on Tuesday, July 16th. JMP Securities cut their target price on Arbor Realty Trust from $17.00 to $16.00 and set a “market outperform” rating on the stock in a research report on Thursday, June 20th. Keefe, Bruyette & Woods boosted their target price on Arbor Realty Trust from $13.25 to $14.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 10th. Finally, Wedbush reaffirmed a “neutral” rating and set a $13.00 target price on shares of Arbor Realty Trust in a research report on Monday, May 6th.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. International Assets Investment Management LLC purchased a new position in Arbor Realty Trust in the fourth quarter valued at about $1,540,000. UniSuper Management Pty Ltd purchased a new position in Arbor Realty Trust in the first quarter valued at about $667,000. Sowell Financial Services LLC grew its stake in Arbor Realty Trust by 8.8% in the fourth quarter. Sowell Financial Services LLC now owns 15,566 shares of the real estate investment trust’s stock valued at $236,000 after purchasing an additional 1,255 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in Arbor Realty Trust by 25.4% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 484,520 shares of the real estate investment trust’s stock valued at $7,355,000 after purchasing an additional 98,283 shares in the last quarter. Finally, Vanguard Group Inc. grew its stake in Arbor Realty Trust by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 18,880,882 shares of the real estate investment trust’s stock valued at $286,612,000 after purchasing an additional 235,364 shares in the last quarter. 57.25% of the stock is owned by institutional investors and hedge funds.

Arbor Realty Trust Stock Up 1.1 %

ABR opened at $13.34 on Tuesday. Arbor Realty Trust has a one year low of $11.77 and a one year high of $16.95. The company has a debt-to-equity ratio of 3.14, a quick ratio of 36.63 and a current ratio of 36.63. The stock’s fifty day moving average is $13.85 and its 200-day moving average is $13.38. The company has a market capitalization of $2.51 billion, a PE ratio of 8.29 and a beta of 2.03.

Arbor Realty Trust (NYSE:ABR) last posted its quarterly earnings data on Friday, August 2nd. The real estate investment trust reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.02. Arbor Realty Trust had a return on equity of 17.04% and a net margin of 26.05%. The company had revenue of $297.19 million for the quarter, compared to the consensus estimate of $300.69 million. During the same quarter in the previous year, the business earned $0.56 EPS. On average, equities analysts predict that Arbor Realty Trust will post 1.68 EPS for the current fiscal year.

Arbor Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 30th. Investors of record on Friday, August 16th will be given a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 12.89%. The ex-dividend date is Friday, August 16th. Arbor Realty Trust’s payout ratio is 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.