Does Arbor Realty Trust Inc. (NYSE:ABR) warrant a purchase right now? What to Consider Before Making a Decision

Arbor Realty Trust Inc. (NYSE:ABR) shares traded -3.23% lower at $12.89 on Wall Street last session.

In accordance with the data, 6 analysts cover Arbor Realty Trust Inc. (NYSE:ABR). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $19.00 and a low of $12.50, we find $15.50. Given the previous closing price of $13.32, this indicates a potential upside of 16.37 percent. ABR stock price is now -12.24% away from the 50-day moving average and -7.93% away from the 200-day moving average. The market capitalization of the company currently stands at $2.43B.

It has been rated a hold by 1 analysts and a buy by 2. Brokers who have rated the stock have averaged $15.42 as their price target over the next twelve months.

With the price target maintained at $16, Piper Sandler recently Downgraded its rating from Overweight to Underweight for Arbor Realty Trust Inc. (NYSE: ABR).

In other news, KAUFMAN IVAN, COB, CEO and President bought 80,161 shares of the company’s stock on Oct 30. The stock was bought for $999,608 at an average price of $12.47. Upon completion of the transaction, the COB, CEO and President now directly owns 80,161 shares in the company, valued at $1.03 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 30, Director MARTELLO JOSEPH sold 80,161 shares of the business’s stock. A total of $999,608 was realized by selling the stock at an average price of $12.47. This leaves the insider owning 702,335 shares of the company worth $9.05 million. Insiders disposed of 85,086 shares of company stock worth roughly $1.1 million over the past 1 year. A total of 3.46% of the company’s stock is owned by insiders.

Arbor Realty Trust Inc. (NYSE: ABR) opened at $13.62 on Friday. During the past 12 months, Arbor Realty Trust Inc. has had a low of $10.10 and a high of $17.74. The fifty day moving average price for ABR is $14.64 and a two-hundred day moving average price translates $13.99 for the stock.

The latest earnings results from Arbor Realty Trust Inc. (NYSE: ABR) was released for Sep, 2023. According to the REIT – Mortgage Company, earnings per share came in at $0.57, beating analysts’ expectations of $0.44 by 0.13. This compares to $0.36 EPS in the same period last year. The net profit margin was 20.42% and return on equity was 12.42% for ABR. The company reported revenue of $405.87 million for the quarter, compared to $294.81 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 37.67 percent. For the current quarter, analysts expect ABR to generate $99.96M in revenue.

Arbor Realty Trust Inc.(ABR) Company Profile

Arbor Realty Trust, Inc. invests in a diversified portfolio of structured finance assets in the multifamily, single-family rental, and commercial real estate markets in the United States. The company operates in two segments, Structured Business and Agency Business. It primarily invests in bridge and mezzanine loans, including junior participating interests in first mortgages, and preferred and direct equity, as well as real estate-related joint ventures, real estate-related notes, and various mortgage-related securities. The company offers bridge financing products to borrowers who seek short-term capital to be used in an acquisition of property; financing by making preferred equity investments in entities that directly or indirectly own real property; mezzanine financing in the form of loans that are subordinate to a conventional first mortgage loan and senior to the borrower’s equity in a transaction; junior participation financing in the form of a junior participating interest in the senior debt; and financing products to borrowers who are looking to acquire conventional, workforce, and affordable single-family housing. Further, it underwrites, originates, sells, and services multifamily mortgage loans through conduit/commercial mortgage-backed securities programs. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Arbor Realty Trust, Inc. was incorporated in 2003 and is headquartered in Uniondale, New York.

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