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Arbor Realty Trust (NYSE:ABR) Director Karen K. Edwards unloaded 1,500 shares of Arbor Realty Trust stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $6.93, for a total value of $10,395.00. Following the completion of the transaction, the director now directly owns 62,500 shares in the company, valued at approximately $433,125. The sale was disclosed in a legal filing with the SEC, which is available at this link.

ABR has been the subject of a number of recent research reports. Analysts at Keefe, Bruyette & Woods initiated coverage on shares of Arbor Realty Trust in a research note on Monday, July 28th. They set a “market perform” rating on the stock. Analysts at MLV & Co
initiated coverage on shares of Arbor Realty Trust in a research note on Wednesday, June 11th. They set a “buy” rating and a $9.00 price target on the stock.

Arbor Realty Trust (NYSE:ABR) traded down 0.14% during mid-day trading on Wednesday, hitting $6.93. 103,325 shares of the company’s stock traded hands. Arbor Realty Trust has a 1-year low of $6.26 and a 1-year high of $7.50. The stock’s 50-day moving average is $6.99 and its 200-day moving average is $6.98. The company has a market cap of $349.8 million and a P/E ratio of 13.72.

Arbor Realty Trust (NYSE:ABR) last posted its quarterly earnings data on Friday, August 1st. The company reported $0.27 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.14 by $0.13. On average, analysts predict that Arbor Realty Trust will post $0.62 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Tuesday, September 2nd. Investors of record on Friday, August 15th will be paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 7.49%. The ex-dividend date is Wednesday, August 13th.

Arbor Realty Trust, Inc is a specialized real estate finance company. The Company invests in a diversified portfolio of structured finance assets in the multi-family and commercial real estate markets.

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