Arbor Realty Trust (NYSE:ABR) Stock Rating Lowered by Zacks Research

Arbor Realty Trust (NYSE:ABR) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report issued on Wednesday,Zacks.com reports.

Several other research firms have also commented on ABR. Keefe, Bruyette & Woods increased their target price on shares of Arbor Realty Trust from $7.50 to $8.00 and gave the company an “underperform” rating in a report on Wednesday, March 4th. Piper Sandler cut their price target on shares of Arbor Realty Trust from $10.00 to $8.00 and set an “underweight” rating for the company in a research report on Monday, December 22nd. JPMorgan Chase & Co. reduced their price objective on Arbor Realty Trust from $10.00 to $9.00 and set an “underweight” rating on the stock in a research note on Thursday, December 4th. Wall Street Zen upgraded Arbor Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, February 28th. Finally, Weiss Ratings cut Arbor Realty Trust from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, February 24th. One analyst has rated the stock with a Buy rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Strong Sell” and a consensus target price of $9.50.

Arbor Realty Trust Stock Down 0.7%

Shares of ABR opened at $7.55 on Wednesday. Arbor Realty Trust has a 1 year low of $7.11 and a 1 year high of $12.57. The company has a debt-to-equity ratio of 2.41, a current ratio of 394.59 and a quick ratio of 394.59. The stock has a 50 day simple moving average of $7.80 and a two-hundred day simple moving average of $9.19. The firm has a market cap of $1.46 billion, a P/E ratio of 13.72 and a beta of 1.36.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Smartleaf Asset Management LLC raised its position 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 last quarter. HM Payson & Co. bought a new stake in shares of Arbor Realty Trust in the 3rd quarter worth approximately $31,000. Bayforest Capital Ltd purchased a new position in shares of Arbor Realty Trust during the fourth quarter valued at approximately $39,000. Rothschild Investment LLC increased its stake in shares of Arbor Realty Trust by 1,264.6% during the third quarter. Rothschild Investment LLC now owns 3,275 shares of the real estate investment trust’s stock valued at $40,000 after buying an additional 3,035 shares during the period. Finally, Garton & Associates Financial Advisors LLC bought a new position in shares of Arbor Realty Trust during the fourth quarter valued at approximately $42,000. Hedge funds and other institutional investors own 57.25% of the company’s stock.

About Arbor Realty Trust

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.