Arbor Realty Trust (NYSE:ABR) Receives Average Rating of “Strong Sell” from Brokerages

Shares of Arbor Realty Trust (NYSE:ABR) have been assigned an average recommendation of “Strong Sell” from the seven analysts that are covering the firm, MarketBeat Ratings reports. Five investment analysts have rated the stock with a sell rating, one has assigned a hold rating and one has given a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $9.3750.

Several research firms have issued reports on ABR. JPMorgan Chase & Co. lowered their price target on shares of Arbor Realty Trust from $10.00 to $9.00 and set an “underweight” rating for the company in a report on Thursday, December 4th. Weiss Ratings cut shares of Arbor Realty Trust from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, January 26th. Wall Street Zen lowered shares of Arbor Realty Trust from a “hold” rating to a “sell” rating in a report on Sunday, October 26th. Piper Sandler cut 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, Keefe, Bruyette & Woods decreased their price target on Arbor Realty Trust from $8.50 to $7.50 and set an “underperform” rating for the company in a report on Thursday, January 8th.

Insider Buying and Selling

In other Arbor Realty Trust news, CEO Ivan Kaufman bought 29,000 shares of the stock in a transaction on Monday, November 17th. The stock was acquired at an average cost of $8.34 per share, for a total transaction of $241,860.00. Following the completion of the acquisition, the chief executive officer owned 54,000 shares in the company, valued at $450,360. This trade represents a 116.00% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this link. 3.80% of the stock is owned by corporate insiders.

Institutional Trading of Arbor Realty Trust

Several large investors have recently modified their holdings of the stock. Atlantic Union Bankshares Corp bought a new position in Arbor Realty Trust during the second quarter worth $27,000. HM Payson & Co. bought a new stake in Arbor Realty Trust in the third quarter valued at $31,000. Allworth Financial LP raised its holdings in shares of 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 valued at $28,000 after purchasing an additional 1,130 shares during the period. Smartleaf Asset Management LLC boosted its position in shares of Arbor Realty Trust by 73.5% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,774 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 1,175 shares in the last quarter. Finally, Ameritas Advisory Services LLC bought a new stake in Arbor Realty Trust in the 2nd quarter valued at about $32,000. Institutional investors and hedge funds own 57.25% of the company’s stock.

Arbor Realty Trust Trading Up 2.4%

ABR opened at $7.81 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 fifty-two week low of $7.38 and a fifty-two week high of $14.33. The company’s 50 day moving average price is $8.16 and its two-hundred day moving average price is $10.17. The firm has a market capitalization of $1.53 billion, a price-to-earnings ratio of 9.76 and a beta of 1.39.

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.