Arbor Realty Trust (NYSE:ABR) Sets New 52-Week Low – What’s Next?

Shares of Arbor Realty Trust (NYSE:ABR) reached a new 52-week low during trading on Wednesday . The stock traded as low as $7.20 and last traded at $7.34, with a volume of 5838948 shares changing hands. The stock had previously closed at $7.72.

Wall Street Analyst Weigh In

ABR has been the subject of several recent research reports. Keefe, Bruyette & Woods lowered their price target on shares of Arbor Realty Trust from $8.50 to $7.50 and set an “underperform” rating for the company in a research note on Thursday, January 8th. Weiss Ratings raised Arbor Realty Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, February 9th. Piper Sandler reduced their price target on Arbor Realty Trust from $10.00 to $8.00 and set an “underweight” rating on the stock in a research report on Monday, December 22nd. Wall Street Zen cut Arbor Realty Trust from a “hold” rating to a “sell” rating in a research note on Sunday, October 26th. Finally, JPMorgan Chase & Co. lowered their price objective on Arbor Realty Trust from $10.00 to $9.00 and set an “underweight” rating for the company in a research report on Thursday, December 4th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $9.38.

Arbor Realty Trust Trading Down 4.9%

The company has a quick ratio of 287.79, a current ratio of 287.79 and a debt-to-equity ratio of 2.51. The firm’s fifty day moving average is $7.93 and its two-hundred day moving average is $9.90. The firm has a market cap of $1.44 billion, a P/E ratio of 9.18 and a beta of 1.39.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Guggenheim Capital LLC boosted its position in shares of Arbor Realty Trust by 9.9% during the fourth quarter. Guggenheim Capital LLC now owns 48,179 shares of the real estate investment trust’s stock valued at $374,000 after purchasing an additional 4,322 shares in the last quarter. Schonfeld Strategic Advisors LLC purchased a new position in Arbor Realty Trust during the fourth quarter valued at $10,219,000. Price T Rowe Associates Inc. MD boosted its holdings in shares of Arbor Realty Trust by 12.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 179,521 shares of the real estate investment trust’s stock valued at $1,394,000 after buying an additional 20,532 shares in the last quarter. Osaic Holdings Inc. grew its position in shares of Arbor Realty Trust by 2.3% in the 4th quarter. Osaic Holdings Inc. now owns 118,498 shares of the real estate investment trust’s stock worth $920,000 after buying an additional 2,618 shares during the period. Finally, Russell Investments Group Ltd. grew its position in shares of Arbor Realty Trust by 3.3% in the 4th quarter. Russell Investments Group Ltd. now owns 150,936 shares of the real estate investment trust’s stock worth $1,171,000 after buying an additional 4,780 shares during the period. 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.