Arbor Realty Trust (NYSE:ABR) Reaches New 1-Year Low – Here’s What Happened

Arbor Realty Trust (NYSE:ABR) shares hit a new 52-week low during trading on Monday . The company traded as low as $7.50 and last traded at $7.6080, with a volume of 4915592 shares traded. The stock had previously closed at $7.88.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Weiss Ratings cut Arbor Realty Trust from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, January 26th. Zacks Research lowered Arbor Realty Trust from a “hold” rating to a “strong sell” rating in a research report on Monday, January 12th. Wall Street Zen downgraded shares of Arbor Realty Trust from a “hold” rating to a “sell” rating in a research report on Sunday, October 26th. JPMorgan Chase & Co. decreased their target price on shares of Arbor Realty Trust from $10.00 to $9.00 and set an “underweight” rating for the company in a report on Thursday, December 4th. Finally, Keefe, Bruyette & Woods cut their price target on shares of Arbor Realty Trust from $8.50 to $7.50 and set an “underperform” rating on the stock in a report on Thursday, January 8th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Strong Sell” and an average target price of $9.38.

Arbor Realty Trust Stock Performance

The company has a debt-to-equity ratio of 2.51, a quick ratio of 287.79 and a current ratio of 287.79. The firm has a market cap of $1.49 billion, a P/E ratio of 9.49 and a beta of 1.39. The business’s 50-day simple moving average is $8.24 and its 200 day simple moving average is $10.24.

Arbor Realty Trust (NYSE:ABR) last announced its earnings results on Friday, October 31st. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.07. Arbor Realty Trust had a net margin of 20.07% and a return on equity of 11.63%. The company had revenue of $162.49 million during the quarter, compared to analyst estimates of $72.26 million. As a group, equities analysts predict that Arbor Realty Trust will post 1.65 earnings per share for the current year.

Insider Buying and Selling at Arbor Realty Trust

In related news, CEO Ivan Kaufman acquired 29,000 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The stock was bought at an average cost of $8.34 per share, for a total transaction of $241,860.00. Following the purchase, the chief executive officer owned 54,000 shares in the company, valued at $450,360. The trade was a 116.00% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 3.80% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Arbor Realty Trust

Several large investors have recently added to or reduced their stakes in ABR. Atlantic Union Bankshares Corp purchased a new stake in shares of Arbor Realty Trust in the second quarter worth $27,000. Allworth Financial LP grew its position in shares of Arbor Realty Trust by 77.8% during the second quarter. Allworth Financial LP now owns 2,583 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 1,130 shares in the last quarter. Smartleaf Asset Management LLC raised its stake in Arbor Realty Trust by 73.5% during 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 period. HM Payson & Co. purchased a new position in Arbor Realty Trust in the 3rd quarter worth approximately $31,000. Finally, Ameritas Advisory Services LLC bought a new position in Arbor Realty Trust in the 2nd quarter worth approximately $32,000. Hedge funds and other institutional investors own 57.25% of the company’s stock.

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.