Piper Sandler Has Lowered Expectations for Arbor Realty Trust (NYSE:ABR) Stock Price

Arbor Realty Trust (NYSE:ABR) had its price objective dropped by research analysts at Piper Sandler from $10.00 to $8.00 in a research report issued to clients and investors on Monday, MarketBeat.com reports. The firm presently has an “underweight” rating on the real estate investment trust’s stock. Piper Sandler’s target price suggests a potential upside of 3.49% from the stock’s previous close.

Other analysts have also issued reports about the company. Wall Street Zen lowered Arbor Realty Trust from a “hold” rating to a “sell” rating in a report on Sunday, October 26th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Arbor Realty Trust in a research report on Monday, December 15th. JPMorgan Chase & Co. dropped their price target on Arbor Realty Trust from $10.00 to $9.00 and set an “underweight” rating on the stock in a research report on Thursday, December 4th. Zacks Research upgraded Arbor Realty Trust from a “strong sell” rating to a “hold” rating in a research note on Friday, October 3rd. Finally, Keefe, Bruyette & Woods reiterated an “underperform” rating and set a $8.50 target price (down previously from $11.00) on shares of Arbor Realty Trust in a research note on Monday, December 15th. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Reduce” and a consensus target price of $9.63.

Arbor Realty Trust Stock Performance

Shares of ABR opened at $7.73 on Monday. The company has a quick ratio of 287.79, a current ratio of 287.79 and a debt-to-equity ratio of 2.51. The business’s 50 day moving average is $9.54 and its two-hundred day moving average is $10.79. The firm has a market cap of $1.51 billion, a price-to-earnings ratio of 9.66 and a beta of 1.38. Arbor Realty Trust has a 52-week low of $7.69 and a 52-week high of $14.33.

Arbor Realty Trust (NYSE:ABR) last posted its quarterly earnings results on Friday, October 31st. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.07. The firm had revenue of $162.49 million for the quarter, compared to analysts’ expectations of $72.26 million. Arbor Realty Trust had a net margin of 20.07% and a return on equity of 11.63%. Analysts forecast that Arbor Realty Trust will post 1.65 EPS for the current fiscal year.

Insiders Place Their Bets

In other Arbor Realty Trust news, CEO Ivan Kaufman purchased 29,000 shares of Arbor Realty Trust stock in a transaction on Monday, November 17th. The stock was bought at an average price of $8.34 per share, for a total transaction of $241,860.00. Following the transaction, the chief executive officer owned 54,000 shares of the company’s stock, valued at $450,360. The trade was a 116.00% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 3.80% of the stock is owned by insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Hudson Bay Capital Management LP acquired a new stake in Arbor Realty Trust in the third quarter worth about $4,942,000. CIBC Bancorp USA Inc. bought a new stake in shares of Arbor Realty Trust during the 3rd quarter worth about $248,000. Sunbelt Securities Inc. lifted its stake in shares of Arbor Realty Trust by 47.4% in the 3rd quarter. Sunbelt Securities Inc. now owns 59,036 shares of the real estate investment trust’s stock worth $721,000 after acquiring an additional 18,982 shares during the period. Advisory Services Network LLC acquired a new stake in shares of Arbor Realty Trust in the 3rd quarter worth approximately $72,000. Finally, Wasatch Advisors LP boosted its holdings in shares of Arbor Realty Trust by 19.2% in the third quarter. Wasatch Advisors LP now owns 4,057,421 shares of the real estate investment trust’s stock valued at $49,541,000 after acquiring an additional 654,583 shares in the last quarter. 57.25% of the stock is owned by institutional investors and hedge funds.

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.