Analysts Set ARBOR RLTY TR I/SH (ABR) Price Target at $12.11

Shares of ARBOR RLTY TR I/SH (NYSE:ABR) have earned an average rating of “Hold” from the eight analysts that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and four have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $12.11.

ABR has been the subject of several analyst reports. ValuEngine upgraded ARBOR RLTY TR I/SH from a “hold” rating to a “buy” rating in a research note on Friday, March 1st. Deutsche Bank upgraded ARBOR RLTY TR I/SH from a “hold” rating to a “buy” rating in a research note on Friday, December 21st. Zacks Investment Research cut ARBOR RLTY TR I/SH from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 7th. Finally, TheStreet upgraded ARBOR RLTY TR I/SH from a “c+” rating to a “b-” rating in a research note on Friday, March 8th.

ARBOR RLTY TR I/SH stock opened at $12.74 on Tuesday. ARBOR RLTY TR I/SH has a 12 month low of $8.58 and a 12 month high of $13.23. The company has a debt-to-equity ratio of 1.97, a current ratio of 13.12 and a quick ratio of 13.12. The company has a market cap of $1.09 billion, a PE ratio of 10.53 and a beta of 0.61.

ARBOR RLTY TR I/SH (NYSE:ABR) last released its quarterly earnings results on Friday, February 15th. The real estate investment trust reported $0.47 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.26 by $0.21. ARBOR RLTY TR I/SH had a return on equity of 14.74% and a net margin of 51.33%. The business had revenue of $73.36 million during the quarter, compared to analysts’ expectations of $69.20 million. During the same quarter in the prior year, the business earned $0.25 earnings per share. As a group, sell-side analysts anticipate that ARBOR RLTY TR I/SH will post 1.05 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 20th. Stockholders of record on Friday, March 1st will be paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 8.48%. The ex-dividend date of this dividend is Thursday, February 28th. ARBOR RLTY TR I/SH’s dividend payout ratio (DPR) is presently 89.26%.

A number of large investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC raised its position in ARBOR RLTY TR I/SH by 17.1% in the fourth quarter. Geode Capital Management LLC now owns 749,698 shares of the real estate investment trust’s stock worth $7,549,000 after acquiring an additional 109,739 shares in the last quarter. Actinver Wealth Management Inc. purchased a new position in ARBOR RLTY TR I/SH in the fourth quarter worth $158,000. Nordea Investment Management AB purchased a new position in ARBOR RLTY TR I/SH in the fourth quarter worth $35,000. Advisory Services Network LLC raised its position in ARBOR RLTY TR I/SH by 16.7% in the fourth quarter. Advisory Services Network LLC now owns 11,947 shares of the real estate investment trust’s stock worth $120,000 after acquiring an additional 1,713 shares in the last quarter. Finally, Cetera Advisors LLC purchased a new position in ARBOR RLTY TR I/SH in the fourth quarter worth $203,000. Hedge funds and other institutional investors own 47.98% 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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Analyst Recommendations for ARBOR RLTY TR I/SH (NYSE:ABR)

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