Wall Street brokerages expect ARBOR Rlty Tr I/SH (NYSE:ABR) to post earnings per share (EPS) of $0.26 for the current quarter, according to Zacks Investment Research. Zero analysts have issued estimates for ARBOR Rlty Tr I/SH’s earnings. ARBOR Rlty Tr I/SH posted earnings per share of $0.22 in the same quarter last year, which indicates a positive year over year growth rate of 18.2%. The business is expected to report its next earnings results on Friday, August 3rd.

According to Zacks, analysts expect that ARBOR Rlty Tr I/SH will report full-year earnings of $1.03 per share for the current year. For the next financial year, analysts expect that the company will report earnings of $1.12 per share. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that cover ARBOR Rlty Tr I/SH.

ARBOR Rlty Tr I/SH (NYSE:ABR) last issued its quarterly earnings results on Friday, May 4th. The real estate investment trust reported $0.42 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.22 by $0.20. The company had revenue of $18.20 million for the quarter, compared to the consensus estimate of $20.13 million. ARBOR Rlty Tr I/SH had a return on equity of 12.23% and a net margin of 54.01%. The firm’s quarterly revenue was up 29.1% on a year-over-year basis.

A number of equities research analysts recently weighed in on the company. Zacks Investment Research raised ARBOR Rlty Tr I/SH from a “hold” rating to a “buy” rating and set a $9.75 target price on the stock in a research report on Friday, March 9th. ValuEngine downgraded ARBOR Rlty Tr I/SH from a “buy” rating to a “hold” rating in a research report on Friday, June 1st. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $9.42.

Shares of NYSE:ABR opened at $10.02 on Thursday. ARBOR Rlty Tr I/SH has a 52-week low of $7.88 and a 52-week high of $10.27. The stock has a market capitalization of $691.11 million, a PE ratio of 10.39 and a beta of 0.36. The company has a debt-to-equity ratio of 2.28, a quick ratio of 11.65 and a current ratio of 11.65.

The company also recently announced a quarterly dividend, which was paid on Thursday, May 31st. Investors of record on Tuesday, May 15th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, May 14th. This is an increase from ARBOR Rlty Tr I/SH’s previous quarterly dividend of $0.21. This represents a $1.00 dividend on an annualized basis and a yield of 9.98%. ARBOR Rlty Tr I/SH’s dividend payout ratio (DPR) is 96.15%.

In other news, Director Melvin F. Lazar bought 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 8th. The shares were acquired at an average cost of $9.40 per share, with a total value of $47,000.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 16.50% of the stock is owned by company insiders.

Institutional investors and hedge funds have recently made changes to their positions in the business. California Public Employees Retirement System lifted its stake in ARBOR Rlty Tr I/SH by 8.3% during the fourth quarter. California Public Employees Retirement System now owns 224,810 shares of the real estate investment trust’s stock worth $1,942,000 after purchasing an additional 17,321 shares during the period. Two Sigma Investments LP lifted its stake in ARBOR Rlty Tr I/SH by 7.5% during the fourth quarter. Two Sigma Investments LP now owns 454,026 shares of the real estate investment trust’s stock worth $3,923,000 after purchasing an additional 31,836 shares during the period. BlackRock Inc. lifted its stake in ARBOR Rlty Tr I/SH by 20.3% during the fourth quarter. BlackRock Inc. now owns 5,009,229 shares of the real estate investment trust’s stock worth $43,280,000 after purchasing an additional 844,431 shares during the period. Two Sigma Advisers LP lifted its stake in ARBOR Rlty Tr I/SH by 73.0% during the fourth quarter. Two Sigma Advisers LP now owns 633,361 shares of the real estate investment trust’s stock worth $5,472,000 after purchasing an additional 267,200 shares during the period. Finally, Prudential Financial Inc. lifted its stake in ARBOR Rlty Tr I/SH by 92.0% during the first quarter. Prudential Financial Inc. now owns 360,500 shares of the real estate investment trust’s stock worth $3,180,000 after purchasing an additional 172,700 shares during the period. Hedge funds and other institutional investors own 52.36% of the company’s stock.

ARBOR Rlty Tr I/SH Company Profile

Arbor Realty Trust, Inc invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. It operates in two segments, Structured Business and Agency Business. The company primarily invests in real estate-related bridge and mezzanine loans, including junior participating interests in first mortgages, and preferred and direct equity, as well as real estate-related notes and various mortgage-related securities.

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