As of close of business last night, Arbor Realty Trust Inc.’s stock clocked out at $12.34, down -5.00% from its previous closing price of $12.99. In other words, the price has decreased by -$0.65 from its previous closing price. On the day, 6580303 shares were traded.
Ratios:
To gain a deeper understanding of ABR’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.25. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 18 ’24 when Green William C bought 10,209 shares for $12.93 per share. The transaction valued at 132,026 led to the insider holds 162,809 shares of the business.
KAUFMAN IVAN bought 10,000 shares of ABR for $120,500 on Nov 29 ’23. The COB, CEO and President now owns 1,108,412 shares after completing the transaction at $12.05 per share. On Nov 28 ’23, another insider, KAUFMAN IVAN, who serves as the COB, CEO and President of the company, bought 10,000 shares for $11.86 each. As a result, the insider paid 118,600 and bolstered with 1,098,412 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 2.33B. As of this moment, Arbor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.03, and their Forward P/E ratio for the next fiscal year is 7.02. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.44 while its Price-to-Book (P/B) ratio in mrq is 0.94.
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 12.94, while the 200-Day Moving Average is calculated to be 14.28.
Shares Statistics:
It appears that ABR traded 4.72M shares on average per day over the past three months and 3.26M shares per day over the past ten days. A total of 188.51M shares are outstanding, with a floating share count of 170.70M. Insiders hold about 9.44% of the company’s shares, while institutions hold 59.68% stake in the company. Shares short for ABR as of Mar 15, 2024 were 68.95M with a Short Ratio of 15.45, compared to 69.37M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 36.57% and a Short% of Float of 37.82%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.71, ABR has a forward annual dividend rate of 1.71. Against a Trailing Annual Dividend Yield of 13.16%, it implies a Forward Annual Dividend Yield of 12.85%. 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
As of right now, 6 analysts gave their recommendation on the stock of the company. 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
In the current quarter, 6 analysts expect revenue to total $90.83M. 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.
