Arbor Realty Trust, Inc. (NYSE:ABR) Given Average Rating of “Reduce” by 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 equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $13.75.

Several research analysts have recently weighed in on the company. Keefe, Bruyette & Woods cut their price target on Arbor Realty Trust from $13.50 to $12.00 and set a “market perform” rating for the company in a research note on Tuesday, February 25th. JPMorgan Chase & Co. cut their price target on Arbor Realty Trust from $13.50 to $12.50 and set an “underweight” rating for the company in a research note on Tuesday, January 21st. Finally, Raymond James downgraded Arbor Realty Trust from an “outperform” rating to a “market perform” rating in a research note on Monday, February 24th.

Arbor Realty Trust Stock Down 2.3 %

Shares of NYSE:ABR opened at $12.03 on Wednesday. The company has a market capitalization of $2.28 billion, a PE ratio of 10.11 and a beta of 2.05. The company has a debt-to-equity ratio of 2.41, a current ratio of 37.49 and a quick ratio of 35.68. The business has a fifty day moving average price of $13.23 and a two-hundred day moving average price of $14.11. Arbor Realty Trust has a 1 year low of $11.43 and a 1 year high of $15.94.

Arbor Realty Trust (NYSE:ABR) last announced its quarterly earnings data on Friday, February 21st. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.02). The business had revenue of $262.87 million during the quarter, compared to the consensus estimate of $88.92 million. Arbor Realty Trust had a net margin of 22.66% and a return on equity of 14.75%. Analysts forecast that Arbor Realty Trust will post 1.65 earnings per share for the current year.

Arbor Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Shareholders of record on Friday, March 7th will be paid a $0.43 dividend. The ex-dividend date is Friday, March 7th. This represents a $1.72 annualized dividend and a yield of 14.30%. Arbor Realty Trust’s dividend payout ratio is currently 144.54%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Janney Montgomery Scott LLC bought a new position in Arbor Realty Trust in the 4th quarter worth about $1,144,000. Nisa Investment Advisors LLC boosted its position in shares of Arbor Realty Trust by 29.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 105,373 shares of the real estate investment trust’s stock valued at $1,459,000 after acquiring an additional 23,987 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Arbor Realty Trust by 52.3% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 291,456 shares of the real estate investment trust’s stock valued at $4,535,000 after acquiring an additional 100,055 shares during the last quarter. Pathstone Holdings LLC boosted its position in shares of Arbor Realty Trust by 42.0% during the 3rd quarter. Pathstone Holdings LLC now owns 132,210 shares of the real estate investment trust’s stock valued at $2,057,000 after acquiring an additional 39,072 shares during the last quarter. Finally, EMC Capital Management boosted its position in shares of Arbor Realty Trust by 23,453.8% during the 4th quarter. EMC Capital Management now owns 18,843 shares of the real estate investment trust’s stock valued at $261,000 after acquiring an additional 18,763 shares during the last quarter. Institutional investors own 57.25% of the company’s stock.

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.