In the latest session, Arbor Realty Trust Inc. (NYSE: ABR) closed at $12.68 down -2.54% from its previous closing price of $13.01. In other words, the price has decreased by -$0.33 from its previous closing price. On the day, 3560586 shares were traded.
Ratios:
For a deeper understanding of Arbor Realty Trust Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.51. In the meantime, Its Debt-to-Equity ratio is 3.87 whereas as Long-Term Debt/Eq ratio is at 3.36.
On July 24, 2023, JP Morgan Downgraded its rating to Underweight which previously was Neutral and also upped its target price recommendation from $11.50 to $13.50.
On June 02, 2023, Wedbush started tracking the stock assigning a Outperform rating and target price of $15.Wedbush initiated its Outperform rating on June 02, 2023, with a $15 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 29 ’23 when KAUFMAN IVAN bought 10,000 shares for $12.05 per share. The transaction valued at 120,500 led to the insider holds 1,108,412 shares of the business.
KAUFMAN IVAN bought 10,000 shares of ABR for $118,600 on Nov 28 ’23. The COB, CEO and President now owns 1,098,412 shares after completing the transaction at $11.86 per share. On Nov 28 ’23, another insider, Elenio Paul, who serves as the Chief Financial Officer of the company, bought 2,500 shares for $11.90 each. As a result, the insider paid 29,750 and bolstered with 284,799 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ABR now has a Market Capitalization of 2.39B. As of this moment, Arbor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.23, and their Forward P/E ratio for the next fiscal year is 6.86. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.48 while its Price-to-Book (P/B) ratio in mrq is 0.96.
Stock Price History:
Over the past 52 weeks, ABR has reached a high of $16.74, while it has fallen to a 52-week low of $9.22. The 50-Day Moving Average of the stock is 13.46, while the 200-Day Moving Average is calculated to be 14.35.
Shares Statistics:
For the past three months, ABR has traded an average of 5.18M shares per day and 3.29M over the past ten days. A total of 188.51M shares are outstanding, with a floating share count of 171.42M. Insiders hold about 9.06% of the company’s shares, while institutions hold 59.53% stake in the company. Shares short for ABR as of Feb 29, 2024 were 69.51M with a Short Ratio of 13.41, compared to 63.9M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 36.88% and a Short% of Float of 38.13%.
Dividends & Splits
According to the company, the forward annual dividend rate for ABR is 0.43, from 1.71 in the trailing year. Against a Trailing Annual Dividend Yield of 13.14%, it implies a Forward Annual Dividend Yield of 13.56%. The stock’s 5-year Average Dividend Yield is 10.00. The current Payout Ratio is 95.74% for ABR, which recently paid a dividend on Mar 15, 2024 with an ex-dividend date of Mar 01, 2024. Stock splits for the company last occurred on Aug 30, 2012 when the company split stock in a 10:1 ratio.
Earnings Estimates
There are 6 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.43 for the current quarter, with a high estimate of $0.46 and a low estimate of $0.36, while EPS last year was $0.62. The consensus estimate for the next quarter is $0.43, with high estimates of $0.49 and low estimates of $0.37.
Analysts are recommending an EPS of between $1.94 and $1.54 for the fiscal current year, implying an average EPS of $1.73. EPS for the following year is $1.85, with 4 analysts recommending between $2.1 and $1.5.
Revenue Estimates
A total of 6 analysts believe the company’s revenue will be $90.83M this quarter.It ranges from a high estimate of $102.25M to a low estimate of $83.5M. As of the current estimate, Arbor Realty Trust Inc.’s year-ago sales were $108.57M, an estimated decrease of -16.30% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $92M, a decrease of -7.20% over than the figure of -$16.30% in the same quarter last year. There is a high estimate of $102.22M for the next quarter, whereas the lowest estimate is $82.6M.
A total of 6 analysts have provided revenue estimates for ABR’s current fiscal year. The highest revenue estimate was $416.3M, while the lowest revenue estimate was $323M, resulting in an average revenue estimate of $360.23M. In the same quarter a year ago, actual revenue was $427.99M, down -15.80% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $394.97M in the next fiscal year. The high estimate is $436.23M and the low estimate is $355.9M. The average revenue growth estimate for next year is up 9.60% from the average revenue estimate for this year.
