Arrow Financial Corporation (NASDAQ:AROW) Stock Now Rated “Moderate Buy” by Wall Street Brokerages

Shares of Arrow Financial Corporation (NASDAQ:AROW) have received a consensus rating of “Moderate Buy” from the six brokerages that are presently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $41.62.

A number of equities research analysts have recently issued reports on AROW shares. Raymond James Financial began coverage on shares of Arrow Financial in a research report on Tuesday, September 1st. They issued an “outperform” rating and a $44.00 target price for the company. Piper Sandler reiterated an “overweight” rating and set a $46.00 price target (up from $43.00) on shares of Arrow Financial in a research report on Tuesday, July 28th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Arrow Financial in a research note on Thursday, October 22nd.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. BlackRock Inc. bought a new position in Arrow Financial during the second quarter worth about $57,377,000. Dimensional Fund Advisors LP boosted its stake in Arrow Financial by 0.3% during the first quarter. Dimensional Fund Advisors LP now owns 730,471 shares of the financial services provider’s stock valued at $24,522,000 after buying an additional 1,937 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Arrow Financial during the second quarter worth $4,995,000. Arrowstreet Capital Limited Partnership grew its position in shares of Arrow Financial by 71.6% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 114,449 shares of the financial services provider’s stock valued at $3,842,000 after buying an additional 47,752 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Arrow Financial in the second quarter worth about $3,663,000. 46.71% of the stock is owned by institutional investors and hedge funds.

Arrow Financial Stock Performance

NASDAQ AROW opened at $38.36 on Wednesday. The company has a fifty day moving average of $37.85 and a two-hundred day moving average of $36.90. The company has a market capitalization of $710.43 million, a PE ratio of 14.53 and a beta of 0.75. Arrow Financial has a 1 year low of $27.06 and a 1 year high of $42.70. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.92 and a quick ratio of 0.92.

Arrow Financial (NASDAQ:AROW) last posted its quarterly earnings results on Thursday, October 29th. The financial services provider reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.03. The business had revenue of $60.15 million for the quarter, compared to analyst estimates of $57.82 million. Arrow Financial had a return on equity of 13.18% and a net margin of 16.56%. As a group, analysts expect that Arrow Financial will post 3.56 earnings per share for the current year.

Arrow Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 23rd. Shareholders of record on Wednesday, November 11th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $1.20 annualized dividend and a dividend yield of 3.1%. Arrow Financial’s dividend payout ratio (DPR) is presently 45.45%.

Key Headlines Impacting Arrow Financial

Here are the key news stories impacting Arrow Financial this week:

• Positive Sentiment: Core earnings and revenue exceeded expectations. Arrow reported adjusted EPS of $0.97, ahead of the $0.94 consensus estimate and up from $0.77 a year earlier. Quarterly revenue of $60.15 million also topped the $57.82 million analyst forecast. Arrow Financial Q3 Earnings and Revenues Top Estimates
• Positive Sentiment: The acquisition increased net interest income and balance-sheet scale. Net interest income rose 35.6% sequentially to $48.7 million, while net interest margin improved to 3.80% from 3.42%. Assets increased to $5.5 billion, loans rose by $648 million to $4.1 billion, and deposits grew by $1.1 billion to $4.7 billion. Arrow Financial Q3 2026: Adirondack Deal Lifts Net Interest Income
• Positive Sentiment: Arrow maintained its shareholder return. The company declared a quarterly dividend of $0.30 per share, equivalent to $1.20 annually and a yield of approximately 3.1%. The dividend is payable November 23 to shareholders of record November 11. Arrow Financial Declares Dividend
• Neutral Sentiment: Credit trends remain an area to monitor. Arrow separately reported third-quarter consolidated loan charge-off data, which investors will evaluate alongside the rapid post-acquisition loan growth.
• Negative Sentiment: Reported profit fell sharply because of merger costs. GAAP net income was $5.7 million, or $0.31 per diluted share, compared with $11.0 million, or $0.66 per share, in the prior quarter. Arrow recorded approximately $15.6 million in merger-related expenses following the July 1 Adirondack acquisition, creating near-term earnings pressure. Arrow Financial Reports Third-Quarter Net Income

Arrow Financial Company Profile

Arrow Financial Corporation (NASDAQ: AROW) is a bank holding company headquartered in Glens Falls, New York. Through its banking subsidiaries, the company provides commercial and consumer banking services to individuals, families, businesses and municipalities.

Arrow’s offerings include checking and savings accounts, certificates of deposit, residential mortgages, home equity financing, consumer loans, commercial lending, treasury management and online banking. Through affiliated businesses, it also provides investment management, trust and financial planning services, as well as insurance products.

The company’s banking operations serve communities primarily in eastern New York, including the Capital Region, the Adirondacks and the surrounding areas.