Arbor Realty Trust, Inc. (NYSE:ABR) Receives $14.25 Consensus Price Target from Analysts

Arbor Realty Trust, Inc. (NYSE:ABR) has received an average recommendation of “Hold” from the six ratings firms that are presently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $14.25.

ABR has been the subject of several analyst reports. JPMorgan Chase & Co. lifted their price objective on Arbor Realty Trust from $12.00 to $13.50 and gave the company an “underweight” rating in a report on Thursday, October 17th. Raymond James lifted their price objective on Arbor Realty Trust from $15.00 to $16.00 and gave the company an “outperform” rating in a report on Thursday, September 19th. Finally, JMP Securities lifted their price objective on Arbor Realty Trust from $16.00 to $16.50 and gave the company a “market outperform” rating in a report on Friday, September 27th.

Hedge Funds Weigh In On Arbor Realty Trust

A number of institutional investors and hedge funds have recently bought and sold shares of ABR. Price T Rowe Associates Inc. MD grew its position in shares of Arbor Realty Trust by 7.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 95,129 shares of the real estate investment trust’s stock valued at $1,261,000 after buying an additional 6,697 shares during the last quarter. Janus Henderson Group PLC grew its position in shares of Arbor Realty Trust by 65.6% in the 1st quarter. Janus Henderson Group PLC now owns 143,656 shares of the real estate investment trust’s stock valued at $1,904,000 after buying an additional 56,897 shares during the last quarter. Virtu Financial LLC bought a new stake in shares of Arbor Realty Trust in the 1st quarter valued at about $367,000. Burney Co. grew its position in shares of Arbor Realty Trust by 42.6% in the 1st quarter. Burney Co. now owns 27,115 shares of the real estate investment trust’s stock valued at $359,000 after buying an additional 8,104 shares during the last quarter. Finally, Cetera Investment Advisers grew its position in shares of Arbor Realty Trust by 358.5% in the 1st quarter. Cetera Investment Advisers now owns 220,559 shares of the real estate investment trust’s stock valued at $2,922,000 after buying an additional 172,454 shares during the last quarter. Institutional investors and hedge funds own 57.25% of the company’s stock.

Arbor Realty Trust Stock Performance

ABR opened at $14.14 on Monday. The business has a fifty day simple moving average of $15.05 and a 200 day simple moving average of $14.24. The company has a market capitalization of $2.67 billion, a PE ratio of 10.48 and a beta of 2.03. Arbor Realty Trust has a 1 year low of $11.92 and a 1 year high of $16.35. The company has a debt-to-equity ratio of 2.67, a current ratio of 35.68 and a quick ratio of 35.68.

Arbor Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Friday, November 15th were issued a dividend of $0.43 per share. The ex-dividend date was Friday, November 15th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 12.16%. Arbor Realty Trust’s dividend payout ratio (DPR) is currently 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.