Arbor Realty Trust (NYSE:ABR) Reaches New 12-Month Low – What’s Next?

Arbor Realty Trust (NYSE:ABRGet Free Report) shares reached a new 52-week low during trading on Thursday . The stock traded as low as $7.34 and last traded at $7.4250, with a volume of 2512882 shares changing hands. The stock had previously closed at $7.60.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on ABR shares. Zacks Research cut Arbor Realty Trust from a “hold” rating to a “strong sell” rating in a report on Monday, January 12th. JPMorgan Chase & Co. cut 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. Wall Street Zen downgraded Arbor Realty Trust from a “hold” rating to a “sell” rating in a research note on Sunday, October 26th. Piper Sandler decreased their price objective on Arbor Realty Trust from $10.00 to $8.00 and set an “underweight” rating on the stock in a report on Monday, December 22nd. Finally, Weiss Ratings upgraded Arbor Realty Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and an average target price of $9.38.

Read Our Latest Research Report on Arbor Realty Trust

Arbor Realty Trust Stock Down 2.3%

The company has a market cap of $1.45 billion, a PE ratio of 9.28 and a beta of 1.39. The company has a fifty day moving average of $8.04 and a two-hundred day moving average of $10.02. The company has a debt-to-equity ratio of 2.51, a quick ratio of 287.79 and a current ratio of 287.79.

Insider Buying and Selling

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

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Amalgamated Bank lifted its stake in shares of Arbor Realty Trust by 1.8% during the 2nd quarter. Amalgamated Bank now owns 54,581 shares of the real estate investment trust’s stock worth $584,000 after acquiring an additional 962 shares during the last quarter. Jamison Private Wealth Management Inc. increased its stake in Arbor Realty Trust by 7.7% in 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 lifted its position 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 worth $28,000 after purchasing an additional 1,130 shares during the last quarter. Vanguard Personalized Indexing Management LLC boosted its stake in shares of Arbor Realty Trust by 6.9% during 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 purchasing an additional 1,130 shares during the period. Finally, Byrne Financial Freedom LLC grew its holdings 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 worth $166,000 after purchasing an additional 1,157 shares during the last quarter. Institutional investors own 57.25% of the company’s stock.

Arbor Realty Trust Company Profile

(Get Free Report)

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.

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