Arbor Realty Trust (NYSE:ABR) Downgraded by Zacks Research to “Strong Sell”

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

A number of other equities research analysts also recently weighed in on the stock. Weiss Ratings raised shares of Arbor Realty Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday. Piper Sandler decreased 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 report on Monday, December 22nd. JPMorgan Chase & Co. lowered 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 research report on Thursday, December 4th. Wall Street Zen cut Arbor Realty Trust from a “hold” rating to a “sell” rating in a research note on Sunday, October 26th. Finally, Keefe, Bruyette & Woods dropped their price target on Arbor Realty Trust from $8.50 to $7.50 and set an “underperform” rating for the company in a research note on Thursday, January 8th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Reduce” and an average target price of $9.38.

Arbor Realty Trust Trading Down 0.8%

Shares of ABR stock opened at $7.75 on Monday. The company has a market capitalization of $1.52 billion, a PE ratio of 9.68 and a beta of 1.39. Arbor Realty Trust has a 52-week low of $7.58 and a 52-week high of $14.33. The business’s fifty day moving average is $8.49 and its 200 day moving average is $10.52. The company has a debt-to-equity ratio of 2.51, a quick ratio of 287.79 and a current ratio of 287.79.

Arbor Realty Trust (NYSE:ABR) last announced its earnings results on Friday, October 31st. The real estate investment trust reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.07. Arbor Realty Trust had a return on equity of 11.63% and a net margin of 20.07%.The business had revenue of $162.49 million for the quarter, compared to analyst estimates of $72.26 million. On average, equities research analysts anticipate that Arbor Realty Trust will post 1.65 EPS for the current fiscal year.

Insider Activity

In related news, CEO Ivan Kaufman acquired 29,000 shares of Arbor Realty Trust stock in a transaction dated Monday, November 17th. The shares were purchased at an average cost of $8.34 per share, with a total value of $241,860.00. Following the completion of the purchase, the chief executive officer owned 54,000 shares of the company’s stock, valued at $450,360. This represents a 116.00% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 3.80% of the company’s stock.

Hedge Funds Weigh In On Arbor Realty Trust

Institutional investors and hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada grew its holdings in shares of Arbor Realty Trust by 3.5% during the 1st quarter. Royal Bank of Canada now owns 132,181 shares of the real estate investment trust’s stock worth $1,553,000 after acquiring an additional 4,470 shares during the period. Jones Financial Companies Lllp boosted its position in shares of Arbor Realty Trust by 25,163.2% during the first quarter. Jones Financial Companies Lllp now owns 4,800 shares of the real estate investment trust’s stock valued at $56,000 after purchasing an additional 4,781 shares in the last quarter. United Services Automobile Association purchased a new stake in Arbor Realty Trust in the first quarter worth $145,000. Focus Partners Wealth bought a new position in Arbor Realty Trust in the first quarter worth $161,000. Finally, Strs Ohio purchased a new position in Arbor Realty Trust during the first quarter valued at $404,000. 57.25% of the stock is currently owned by institutional investors.

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.