Brokerages Set Arbor Realty Trust, Inc. (NYSE:ABR) Price Target at $14.00

Arbor Realty Trust, Inc. (NYSE:ABR) has received an average recommendation of “Hold” from the six research firms that are presently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $14.00.

A number of equities research analysts have recently commented on ABR shares. Keefe, Bruyette & Woods reduced their target price on shares of Arbor Realty Trust from $14.25 to $13.50 and set a “market perform” rating for the company in a research report on Tuesday, January 14th. JPMorgan Chase & Co. reduced their target price on shares of Arbor Realty Trust from $13.50 to $12.50 and set an “underweight” rating for the company in a research report on Tuesday, January 21st.

Arbor Realty Trust Price Performance

Shares of NYSE ABR opened at $12.00 on Friday. The firm has a 50-day simple moving average of $13.65 and a 200-day simple moving average of $14.20. The stock has a market capitalization of $2.26 billion, a price-to-earnings ratio of 8.89 and a beta of 2.03. The company has a quick ratio of 35.68, a current ratio of 35.68 and a debt-to-equity ratio of 2.67. Arbor Realty Trust has a 52 week low of $11.87 and a 52 week high of $15.94.

Arbor Realty Trust (NYSE:ABR) last issued its earnings results on Friday, February 21st. The real estate investment trust reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.02). Arbor Realty Trust had a net margin of 23.99% and a return on equity of 14.94%. On average, equities analysts predict that Arbor Realty Trust will post 1.68 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director William C. Green acquired 5,269 shares of the business’s stock in a transaction that occurred on Thursday, December 5th. The stock was purchased at an average cost of $14.17 per share, for a total transaction of $74,661.73. Following the completion of the transaction, the director now owns 178,797 shares in the company, valued at approximately $2,533,553.49. This trade represents a 3.04 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 3.70% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. GAMMA Investing LLC boosted its stake in Arbor Realty Trust by 75.5% during the third quarter. GAMMA Investing LLC now owns 1,599 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 688 shares during the period. Dunhill Financial LLC purchased a new position in Arbor Realty Trust during the fourth quarter worth about $29,000. Harbor Capital Advisors Inc. purchased a new position in Arbor Realty Trust during the third quarter worth about $38,000. Bernard Wealth Management Corp. purchased a new position in Arbor Realty Trust during the fourth quarter worth about $36,000. Finally, Smartleaf Asset Management LLC boosted its stake in Arbor Realty Trust by 280.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,624 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 1,934 shares during the period. Hedge funds and other institutional investors own 57.25% of the company’s stock.

Arbor Realty Trust Company Profile

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