Arbor Realty Trust (NYSE:ABR) Director William Green Acquires 25,951 Shares

Arbor Realty Trust (NYSE:ABR) Director William Green purchased 25,951 shares of the company’s stock in a transaction that occurred on Monday, August 31st. The stock was acquired at an average price of $5.07 per share, for a total transaction of $131,571.57. Following the purchase, the director owned 231,369 shares in the company, valued at $1,173,040.83. This trade represents a 12.63% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Arbor Realty Trust Trading Down 1.2%

ABR stock opened at $4.95 on Wednesday. The company has a fifty day moving average price of $5.12 and a two-hundred day moving average price of $6.33. The company has a debt-to-equity ratio of 2.33, a current ratio of 478.85 and a quick ratio of 478.85. The stock has a market cap of $923.47 million, a price-to-earnings ratio of 70.71 and a beta of 1.15. Arbor Realty Trust has a one year low of $4.73 and a one year high of $12.57.

Arbor Realty Trust (NYSE:ABR) last announced its earnings results on Friday, July 31st. The real estate investment trust reported $0.10 EPS for the quarter, topping the consensus estimate of $0.05 by $0.05. Arbor Realty Trust had a net margin of 6.24% and a return on equity of 7.38%. The business had revenue of $117.83 million during the quarter, compared to the consensus estimate of $107.75 million. Equities analysts anticipate that Arbor Realty Trust will post 0.29 EPS for the current year.

Arbor Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 14th were issued a dividend of $0.17 per share. The ex-dividend date of this dividend was Friday, August 14th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 13.7%. Arbor Realty Trust’s dividend payout ratio (DPR) is currently 971.43%.

Institutional Trading of Arbor Realty Trust

Institutional investors have recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC boosted its stake in shares of Arbor Realty Trust by 73.5% in the 2nd quarter. Smartleaf Asset Management LLC now owns 2,774 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 1,175 shares during the last quarter. Bessemer Group Inc. bought a new stake in Arbor Realty Trust in the 1st quarter valued at about $29,000. Quantbot Technologies LP bought a new stake in shares of Arbor Realty Trust during the second quarter valued at approximately $46,000. Larson Financial Group LLC raised its position in shares of Arbor Realty Trust by 98.9% during the third quarter. Larson Financial Group LLC now owns 4,411 shares of the real estate investment trust’s stock worth $54,000 after purchasing an additional 2,193 shares during the period. Finally, Russell Investments Group Ltd. raised its position in shares of Arbor Realty Trust by 61.0% during the second quarter. Russell Investments Group Ltd. now owns 4,705 shares of the real estate investment trust’s stock worth $50,000 after purchasing an additional 1,782 shares during the period. 57.25% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have recently weighed in on ABR shares. JPMorgan Chase & Co. upgraded Arbor Realty Trust from an “underweight” rating to a “neutral” rating and cut their target price for the company from $7.00 to $5.50 in a research report on Friday, July 17th. Piper Sandler decreased their price target on shares of Arbor Realty Trust from $5.50 to $5.00 and set an “underweight” rating on the stock in a report on Monday, August 3rd. Weiss Ratings cut shares of Arbor Realty Trust from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, July 30th. Keefe, Bruyette & Woods dropped their price objective on shares of Arbor Realty Trust from $5.50 to $5.00 and set an “underperform” rating for the company in a research note on Monday, August 3rd. Finally, Zacks Research lowered shares of Arbor Realty Trust from a “hold” rating to a “strong sell” rating in a research report on Thursday, July 16th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, Arbor Realty Trust currently has an average rating of “Reduce” and a consensus price target of $6.00.

Arbor Realty Trust Company Profile

Arbor Realty Trust, Inc (NYSE: ABR) is a real estate investment trust specializing in the origination, acquisition, financing, structuring and management of commercial real estate loans and securities. The company focuses primarily on multifamily and commercial mortgage lending, targeting properties such as apartment communities, senior housing and healthcare facilities. Through both agency and non-agency channels, Arbor Realty Trust seeks to deliver liquidity solutions to borrowers while generating stable, risk-adjusted returns for its shareholders.

Core business activities include originating first-mortgage loans secured by multifamily and mixed-use properties, as well as providing mezzanine financing and preferred equity investments.