Arbor Realty Trust, Inc. (NYSE:ABR) Receives $14.17 Consensus Target Price from Brokerages

Shares of Arbor Realty Trust, Inc. (NYSE:ABR) have been assigned a consensus recommendation of “Hold” from the six ratings firms that are presently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and two have given a buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $14.00.

Several equities research analysts have recently commented on the company. JPMorgan Chase & Co. decreased their price objective on Arbor Realty Trust from $13.50 to $12.50 and set an “underweight” rating for the company in a report on Tuesday. Keefe, Bruyette & Woods decreased their price target on shares of Arbor Realty Trust from $14.25 to $13.50 and set a “market perform” rating for the company in a research note on Tuesday, January 14th. Finally, JMP Securities raised their price objective on shares of Arbor Realty Trust from $16.00 to $16.50 and gave the company a “market outperform” rating in a research note on Friday, September 27th.

Insider Transactions at Arbor Realty Trust

In other Arbor Realty Trust news, Director William C. Green bought 5,269 shares of the business’s stock in a transaction dated Thursday, December 5th. The shares were purchased at an average price of $14.17 per share, for a total transaction of $74,661.73. Following the purchase, the director now directly owns 178,797 shares of the company’s stock, valued at approximately $2,533,553.49. This represents a 3.04 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 3.70% of the company’s stock.

Institutional Trading of Arbor Realty Trust

A number of hedge funds have recently bought and sold shares of ABR. GAMMA Investing LLC increased its position in shares of Arbor Realty Trust by 75.5% during the 3rd quarter. GAMMA Investing LLC now owns 1,599 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 688 shares during the last quarter. Raymond James Trust N.A. grew its position in Arbor Realty Trust by 3.0% during the third quarter. Raymond James Trust N.A. now owns 23,769 shares of the real estate investment trust’s stock valued at $370,000 after buying an additional 698 shares during the period. Glenmede Trust Co. NA increased its holdings in Arbor Realty Trust by 33.1% during the third quarter. Glenmede Trust Co. NA now owns 2,818 shares of the real estate investment trust’s stock worth $44,000 after buying an additional 701 shares during the last quarter. US Bancorp DE raised its position in Arbor Realty Trust by 6.3% in the third quarter. US Bancorp DE now owns 16,504 shares of the real estate investment trust’s stock worth $257,000 after acquiring an additional 979 shares during the period. Finally, Hennion & Walsh Asset Management Inc. boosted its stake in Arbor Realty Trust by 0.7% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 153,494 shares of the real estate investment trust’s stock valued at $2,126,000 after acquiring an additional 1,007 shares during the last quarter. 57.25% of the stock is currently owned by institutional investors.

Arbor Realty Trust Stock Performance

Shares of Arbor Realty Trust stock opened at $13.29 on Tuesday. The business has a 50-day simple moving average of $14.04 and a 200 day simple moving average of $14.21. Arbor Realty Trust has a one year low of $11.92 and a one year high of $15.94. The company has a debt-to-equity ratio of 2.67, a current ratio of 35.68 and a quick ratio of 35.68. The firm has a market capitalization of $2.51 billion, a price-to-earnings ratio of 9.85 and a beta of 2.04.

Arbor Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Friday, November 15th were issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 12.94%. The ex-dividend date was Friday, November 15th. Arbor Realty Trust’s dividend payout ratio is 127.41%.

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.