Investors Purchase High Volume of Call Options on Arbor Realty Trust (NYSE:ABR)

Arbor Realty Trust (NYSE:ABR) saw unusually large options trading activity on Monday. Investors bought 15,372 call options on the company. This represents an increase of approximately 52% compared to the average daily volume of 10,144 call options.

Insider Activity at Arbor Realty Trust

In other news, CEO Ivan Kaufman acquired 29,000 shares of Arbor Realty Trust stock in a transaction that occurred on Monday, November 17th. The stock was purchased at an average price of $8.34 per share, for a total transaction of $241,860.00. Following the completion of the transaction, the chief executive officer directly owned 54,000 shares in the company, valued at approximately $450,360. This trade represents a 116.00% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 3.80% of the company’s stock.

Institutional Investors Weigh In On Arbor Realty Trust

Several large investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada raised its holdings in shares of Arbor Realty Trust by 3.5% during the first quarter. Royal Bank of Canada now owns 132,181 shares of the real estate investment trust’s stock valued at $1,553,000 after buying an additional 4,470 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Arbor Realty Trust by 12.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 923,933 shares of the real estate investment trust’s stock worth $10,856,000 after purchasing an additional 104,436 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in shares of Arbor Realty Trust by 25,163.2% in the 1st quarter. Jones Financial Companies Lllp now owns 4,800 shares of the real estate investment trust’s stock worth $56,000 after purchasing an additional 4,781 shares in the last quarter. Caxton Associates LLP acquired a new stake in Arbor Realty Trust during the first quarter valued at approximately $954,000. Finally, United Services Automobile Association bought a new stake in Arbor Realty Trust during the first quarter worth approximately $145,000. 57.25% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently weighed in on ABR shares. Zacks Research raised Arbor Realty Trust from a “strong sell” rating to a “hold” rating in a research note on Friday, October 3rd. Weiss Ratings reissued a “sell (d+)” rating on shares of Arbor Realty Trust in a report on Monday, December 29th. Keefe, Bruyette & Woods reaffirmed an “underperform” rating and set a $8.50 price target (down previously from $11.00) on shares of Arbor Realty Trust in a research note on Monday, December 15th. Piper Sandler decreased their price objective on shares of Arbor Realty Trust from $10.00 to $8.00 and set an “underweight” rating on the stock in a research report on Monday, December 22nd. Finally, Wall Street Zen downgraded shares of Arbor Realty Trust from a “hold” rating to a “sell” rating in a report on Sunday, October 26th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $9.63.

Arbor Realty Trust Stock Performance

Shares of ABR stock opened at $7.96 on Wednesday. The company has a debt-to-equity ratio of 2.51, a quick ratio of 287.79 and a current ratio of 287.79. The firm has a market capitalization of $1.56 billion, a price-to-earnings ratio of 9.94 and a beta of 1.39. Arbor Realty Trust has a one year low of $7.69 and a one year high of $14.33. The company has a 50 day moving average price of $8.76 and a 200 day moving average price of $10.61.

Arbor Realty Trust (NYSE:ABR) last issued its earnings results on Friday, October 31st. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.07. The business had revenue of $162.49 million during the quarter, compared to analysts’ expectations of $72.26 million. Arbor Realty Trust had a return on equity of 11.63% and a net margin of 20.07%. Sell-side analysts anticipate that Arbor Realty Trust will post 1.65 EPS for the current year.

Arbor Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Friday, November 14th were paid a dividend of $0.30 per share. The ex-dividend date was Friday, November 14th. This represents a $1.20 annualized dividend and a yield of 15.1%. Arbor Realty Trust’s payout ratio is presently 150.00%.

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.