As of close of business last night, Arbor Realty Trust Inc.’s stock clocked out at $12.92, down -3.58% from its previous closing price of $13.40. In other words, the price has decreased by -$0.05 from its previous closing price. On the day, 3755389 shares were traded. ABR stock price reached its highest trading level at $12.97 during the session, while it also had its lowest trading level at $12.63.
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 1.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.69. 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 Nov 29 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. The COB, CEO and President now owns 1,098,412 shares after completing the transaction at $11.86 per share. On Nov 28, 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 2.44B. As of this moment, Arbor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.36, and their Forward P/E ratio for the next fiscal year is 6.99. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.51 while its Price-to-Book (P/B) ratio in mrq is 0.98.
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 13.98, while the 200-Day Moving Average is calculated to be 14.34.
Shares Statistics:
It appears that ABR traded 5.45M shares on average per day over the past three months and 5.98M shares per day 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 59.51% stake in the company. Shares short for ABR as of Feb 15, 2024 were 69.37M with a Short Ratio of 12.72, compared to 55.21M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 36.80% and a Short% of Float of 38.05%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.71, ABR has a forward annual dividend rate of 2.11. Against a Trailing Annual Dividend Yield of 13.18%, it implies a Forward Annual Dividend Yield of 13.31%. 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, 5 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.42 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 $1.74. EPS for the following year is $1.85, with 4 analysts recommending between $2.1 and $1.5.
Revenue Estimates
In the current quarter, 5 analysts expect revenue to total $91.59M. 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 -15.60% 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 -$15.60% 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 5 analysts have provided revenue estimates for ABR’s current fiscal year. The highest revenue estimate was $416.3M, while the lowest revenue estimate was $323.6M, resulting in an average revenue estimate of $367.67M. In the same quarter a year ago, actual revenue was $427.99M, down -14.10% 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 7.40% from the average revenue estimate for this year.
