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

ARBOR RLTY TR I/SH (NYSE:ABR) has earned an average recommendation of “Hold” from the eight research firms that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $12.11.

Several research analysts have weighed in on ABR shares. TheStreet raised shares of ARBOR RLTY TR I/SH from a “c+” rating to a “b-” rating in a report on Friday, March 8th. Deutsche Bank raised shares of ARBOR RLTY TR I/SH from a “hold” rating to a “buy” rating in a report on Friday, December 21st. Zacks Investment Research upgraded shares of ARBOR RLTY TR I/SH from a “hold” rating to a “buy” rating and set a $13.00 target price on the stock in a research report on Monday, January 21st. Finally, ValuEngine upgraded shares of ARBOR RLTY TR I/SH from a “hold” rating to a “buy” rating in a research report on Friday, March 1st.

ARBOR RLTY TR I/SH stock traded up $0.12 during trading hours on Tuesday, hitting $12.86. The company had a trading volume of 1,968,133 shares, compared to its average volume of 1,027,038. The stock has a market cap of $1.10 billion, a P/E ratio of 10.63 and a beta of 0.61. The company has a quick ratio of 13.12, a current ratio of 13.12 and a debt-to-equity ratio of 1.97. ARBOR RLTY TR I/SH has a one year low of $8.58 and a one year high of $13.23.

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 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.26 by $0.21. The firm had revenue of $73.36 million for the quarter, compared to analysts’ expectations of $69.20 million. ARBOR RLTY TR I/SH had a net margin of 51.33% and a return on equity of 14.74%. During the same period in the prior year, the firm earned $0.25 EPS. Equities analysts anticipate that ARBOR RLTY TR I/SH will post 1.05 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 20th. Shareholders of record on Friday, March 1st will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Thursday, February 28th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 8.40%. ARBOR RLTY TR I/SH’s payout ratio is presently 89.26%.

Several large investors have recently made changes to their positions in the business. BlackRock Inc. grew its position in shares of ARBOR RLTY TR I/SH by 14.4% during the 4th quarter. BlackRock Inc. now owns 7,418,340 shares of the real estate investment trust’s stock worth $74,703,000 after purchasing an additional 933,973 shares in the last quarter. Vanguard Group Inc. grew its position in shares of ARBOR RLTY TR I/SH by 10.5% during the 3rd quarter. Vanguard Group Inc. now owns 2,784,271 shares of the real estate investment trust’s stock worth $31,964,000 after purchasing an additional 264,837 shares in the last quarter. Vanguard Group Inc grew its position in shares of ARBOR RLTY TR I/SH by 10.5% during the 3rd quarter. Vanguard Group Inc now owns 2,784,271 shares of the real estate investment trust’s stock worth $31,964,000 after purchasing an additional 264,837 shares in the last quarter. LSV Asset Management grew its position in shares of ARBOR RLTY TR I/SH by 84.8% during the 4th quarter. LSV Asset Management now owns 2,096,939 shares of the real estate investment trust’s stock worth $21,116,000 after purchasing an additional 962,339 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of ARBOR RLTY TR I/SH by 12.9% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,217,231 shares of the real estate investment trust’s stock worth $12,258,000 after acquiring an additional 139,553 shares in the last quarter. Hedge funds and other institutional investors own 47.98% of the company’s stock.

About ARBOR RLTY TR I/SH

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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