Arbor Realty Trust (ABR) To Go Ex-Dividend on May 22nd

Arbor Realty Trust (NYSE:ABR) declared a quarterly dividend on Thursday, May 7th. Stockholders of record on Friday, May 22nd will be given a dividend of 0.17 per share by the real estate investment trust on Friday, June 5th. This represents a c) annualized dividend and a dividend yield of 11.7%. The ex-dividend date is Friday, May 22nd.

Arbor Realty Trust has increased its dividend by an average of 0.0%per year over the last three years. Arbor Realty Trust has a payout ratio of 57.1% meaning its dividend is sufficiently covered by earnings. Research analysts expect Arbor Realty Trust to earn $0.99 per share next year, which means the company should continue to be able to cover its $0.68 annual dividend with an expected future payout ratio of 68.7%.

Arbor Realty Trust Stock Performance

ABR opened at $5.83 on Wednesday. The firm has a market cap of $1.12 billion, a P/E ratio of 14.94 and a beta of 1.24. Arbor Realty Trust has a 1-year low of $5.67 and a 1-year high of $12.57. The company has a 50 day simple moving average of $7.52 and a two-hundred day simple moving average of $8.02. The company has a debt-to-equity ratio of 2.71, a current ratio of 428.41 and a quick ratio of 428.41.

Arbor Realty Trust (NYSE:ABR) last posted its quarterly earnings results on Friday, May 8th. The real estate investment trust reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.09). The firm had revenue of $119.67 million during the quarter, compared to the consensus estimate of $109.86 million. Arbor Realty Trust had a return on equity of 8.49% and a net margin of 12.73%. Equities analysts forecast that Arbor Realty Trust will post 0.77 earnings per share for the current fiscal year.

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.