Arbor Realty Trust, Inc. (NYSE:ABR) Given Consensus Rating of “Reduce” by Analysts

Arbor Realty Trust, Inc. (NYSE:ABR) has been assigned an average recommendation of “Reduce” from the six analysts that are currently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $13.71.

A number of equities analysts have recently weighed in on the stock. Keefe, Bruyette & Woods reduced their price target on shares of Arbor Realty Trust from $12.00 to $11.75 and set a “market perform” rating on the stock in a research report on Monday. Raymond James cut Arbor Realty Trust from an “outperform” rating to a “market perform” rating in a research note on Monday, February 24th. Finally, JPMorgan Chase & Co. dropped their price target on 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.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Dunhill Financial LLC acquired a new position in Arbor Realty Trust during the 4th quarter worth approximately $29,000. Smartleaf Asset Management LLC lifted its position in shares of Arbor Realty Trust by 280.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,624 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 1,934 shares in the last quarter. Bernard Wealth Management Corp. acquired a new position in Arbor Realty Trust during the fourth quarter worth $36,000. Glenmede Trust Co. NA grew its position in Arbor Realty Trust by 33.1% in the third quarter. Glenmede Trust Co. NA now owns 2,818 shares of the real estate investment trust’s stock valued at $44,000 after purchasing an additional 701 shares in the last quarter. Finally, Quarry LP increased its stake in Arbor Realty Trust by 249.6% in the 4th quarter. Quarry LP now owns 3,531 shares of the real estate investment trust’s stock valued at $49,000 after buying an additional 2,521 shares during the last quarter. 57.25% of the stock is currently owned by institutional investors.

Arbor Realty Trust Trading Down 6.0 %

NYSE ABR opened at $10.41 on Friday. Arbor Realty Trust has a 12 month low of $9.66 and a 12 month high of $15.94. The stock has a 50-day simple moving average of $12.34 and a 200 day simple moving average of $13.71. The company has a current ratio of 37.49, a quick ratio of 35.68 and a debt-to-equity ratio of 2.41. The company has a market capitalization of $1.97 billion, a PE ratio of 8.75 and a beta of 1.66.

Arbor Realty Trust (NYSE:ABR) last announced its quarterly earnings results on Friday, February 21st. The real estate investment trust reported $0.39 EPS for the quarter, missing analysts’ consensus estimates 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 company had revenue of $262.87 million during the quarter, compared to the consensus estimate of $88.92 million. Research analysts forecast that Arbor Realty Trust will post 1.65 EPS for the current year.

Arbor Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Friday, March 7th were issued a $0.43 dividend. The ex-dividend date of this dividend was Friday, March 7th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 16.52%. Arbor Realty Trust’s dividend payout ratio (DPR) is 144.54%.

Arbor Realty Trust Company Profile

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.