Arbor Realty Trust (NYSE:ABR) Stock Rating Lowered by Zacks Research

Arbor Realty Trust (NYSE:ABR) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Thursday,Zacks.com reports.

Other analysts have also recently issued research reports about the company. Piper Sandler decreased their target price on Arbor Realty Trust from $8.00 to $5.50 and set an “underweight” rating for the company in a research report on Thursday, July 2nd. Weiss Ratings reissued a “sell (d+)” rating on shares of Arbor Realty Trust in a research report on Friday, May 22nd. Citizens Jmp decreased their price objective on Arbor Realty Trust from $9.50 to $8.50 and set a “market outperform” rating for the company in a research report on Thursday, May 14th. JPMorgan Chase & Co. raised Arbor Realty Trust from an “underweight” rating to a “neutral” rating and lowered their target price for the company from $7.00 to $5.50 in a research note on Friday. Finally, Wall Street Zen cut Arbor Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday, March 28th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $6.50.

Arbor Realty Trust Stock Up 0.3%

Shares of NYSE:ABR opened at $5.17 on Thursday. The firm has a 50 day simple moving average of $5.37 and a 200 day simple moving average of $6.95. Arbor Realty Trust has a 52 week low of $4.86 and a 52 week high of $12.57. The company has a debt-to-equity ratio of 2.71, a quick ratio of 428.41 and a current ratio of 428.41. The company has a market cap of $993.54 million, a PE ratio of 13.24 and a beta of 1.15.

Arbor Realty Trust (NYSE:ABR) last posted its quarterly earnings data on Friday, May 8th. The real estate investment trust reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.09). Arbor Realty Trust had a return on equity of 8.49% and a net margin of 12.73%.The firm had revenue of $119.67 million for the quarter, compared to analysts’ expectations of $109.86 million. As a group, research analysts expect that Arbor Realty Trust will post 0.32 earnings per share for the current year.

Insider Activity

In related news, insider David Erwin Friedman sold 7,685 shares of the company’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $6.87, for a total value of $52,795.95. Following the completion of the sale, the insider directly owned 59,638 shares in the company, valued at approximately $409,713.06. This represents a 11.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 4.20% of the company’s stock.

Institutional Trading of Arbor Realty Trust

A number of institutional investors and hedge funds have recently made changes to their positions in ABR. Bessemer Group Inc. bought a new position in shares of Arbor Realty Trust in the 1st quarter valued at approximately $29,000. Smartleaf Asset Management LLC boosted its holdings 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 buying an additional 1,175 shares during the period. Bayforest Capital Ltd bought a new stake in shares of Arbor Realty Trust during the 4th quarter worth $39,000. Garton & Associates Financial Advisors LLC acquired a new position in Arbor Realty Trust in the 4th quarter valued at $42,000. Finally, Quantbot Technologies LP acquired a new position in Arbor Realty Trust in the 2nd quarter valued at $46,000. Institutional investors and hedge funds own 57.25% of the company’s stock.

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.