Keefe, Bruyette & Woods Issues Positive Forecast for Arbor Realty Trust (NYSE:ABR) Stock Price

Arbor Realty Trust (NYSE:ABR) had its price objective hoisted by investment analysts at Keefe, Bruyette & Woods from $7.50 to $8.00 in a research note issued on Wednesday,Benzinga reports. The firm currently has an “underperform” rating on the real estate investment trust’s stock. Keefe, Bruyette & Woods’ price objective suggests a potential downside of 4.53% from the company’s previous close.

Other research analysts also recently issued research reports about the stock. Piper Sandler decreased their price objective 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. Wall Street Zen upgraded shares of Arbor Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday. JPMorgan Chase & Co. reduced their price target on Arbor Realty Trust from $10.00 to $9.00 and set an “underweight” rating for the company in a report on Thursday, December 4th. Zacks Research raised Arbor Realty Trust from a “strong sell” rating to a “hold” rating in a research report on Friday, February 20th. Finally, Weiss Ratings lowered Arbor Realty Trust from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, February 24th. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $9.50.

Arbor Realty Trust Trading Down 2.4%

NYSE ABR opened at $8.38 on Wednesday. Arbor Realty Trust has a 12 month low of $7.11 and a 12 month high of $12.73. The company has a current ratio of 287.79, a quick ratio of 287.79 and a debt-to-equity ratio of 2.51. The stock has a 50 day moving average of $7.79 and a 200-day moving average of $9.61. The company has a market cap of $1.62 billion, a PE ratio of 15.24 and a beta of 1.36.

Hedge Funds Weigh In On Arbor Realty Trust

A number of hedge funds have recently bought and sold shares of the business. Amalgamated Bank raised its stake in Arbor Realty Trust by 1.8% in the 2nd quarter. Amalgamated Bank now owns 54,581 shares of the real estate investment trust’s stock worth $584,000 after purchasing an additional 962 shares in the last quarter. Jamison Private Wealth Management Inc. increased its holdings in shares of Arbor Realty Trust by 7.7% during the third quarter. Jamison Private Wealth Management Inc. now owns 15,108 shares of the real estate investment trust’s stock worth $184,000 after purchasing an additional 1,086 shares during the period. Allworth Financial LP raised its position in shares of Arbor Realty Trust by 77.8% in the second quarter. Allworth Financial LP now owns 2,583 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 1,130 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its position in shares of Arbor Realty Trust by 6.9% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 17,527 shares of the real estate investment trust’s stock valued at $214,000 after buying an additional 1,130 shares in the last quarter. Finally, Byrne Financial Freedom LLC boosted its stake in shares of Arbor Realty Trust by 8.0% in the second quarter. Byrne Financial Freedom LLC now owns 15,548 shares of the real estate investment trust’s stock valued at $166,000 after buying an additional 1,157 shares during the period. 57.25% of the stock is owned by institutional investors.

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.