Brokerages Set Arbor Realty Trust (NYSE:ABR) Price Target at $9.38

Arbor Realty Trust (NYSE:ABR) has been assigned a consensus rating of “Reduce” from the seven analysts that are presently covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $9.3750.

Several analysts have recently commented on the company. Zacks Research downgraded Arbor Realty Trust from a “hold” rating to a “strong sell” rating in a research note on Monday, January 12th. JPMorgan Chase & Co. cut their price objective on shares of Arbor Realty Trust from $10.00 to $9.00 and set an “underweight” rating on the stock in a report on Thursday, December 4th. Weiss Ratings upgraded shares of Arbor Realty Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday. Piper Sandler dropped their price target on shares of 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. Finally, 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.

Insider Activity

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

Institutional Investors Weigh In On Arbor Realty Trust

Several large investors have recently made changes to their positions in ABR. Atlantic Union Bankshares Corp bought a new stake in shares of Arbor Realty Trust during the 2nd quarter worth $27,000. Allworth Financial LP increased its holdings in 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 buying an additional 1,130 shares during the last quarter. Smartleaf Asset Management LLC raised its position in Arbor Realty Trust by 73.5% in the second quarter. Smartleaf Asset Management LLC now owns 2,774 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 1,175 shares during the period. HM Payson & Co. purchased a new position in Arbor Realty Trust in the third quarter valued at about $31,000. Finally, Ameritas Advisory Services LLC purchased a new position in Arbor Realty Trust in the second quarter valued at about $32,000. 57.25% of the stock is owned by hedge funds and other institutional investors.

Arbor Realty Trust Trading Down 3.1%

NYSE:ABR opened at $7.62 on Thursday. The company has a debt-to-equity ratio of 2.51, a current ratio of 287.79 and a quick ratio of 287.79. Arbor Realty Trust has a one year low of $7.38 and a one year high of $14.33. The company has a market cap of $1.49 billion, a PE ratio of 9.52 and a beta of 1.39. The firm has a 50-day moving average of $8.04 and a 200-day moving average of $10.02.

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.