Analysts Set ARBOR RLTY TR I/SH (ABR) Target Price at $12.31

Shares of ARBOR RLTY TR I/SH (NYSE:ABR) have been given an average recommendation of “Hold” by the eight research firms that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $12.31.

Several equities analysts have issued reports on the company. ValuEngine raised ARBOR RLTY TR I/SH from a “hold” rating to a “buy” rating in a research note on Wednesday, May 1st. BTIG Research set a $14.00 price target on ARBOR RLTY TR I/SH and gave the company a “buy” rating in a research note on Wednesday, April 17th. TheStreet raised ARBOR RLTY TR I/SH from a “c+” rating to a “b-” rating in a research note on Friday, March 8th. Deutsche Bank lowered ARBOR RLTY TR I/SH from a “buy” rating to a “hold” rating and set a $11.00 price target on the stock. in a research note on Tuesday, February 19th. Finally, Zacks Investment Research raised ARBOR RLTY TR I/SH from a “hold” rating to a “buy” rating and set a $13.00 price target on the stock in a research note on Monday, January 21st.

Shares of ARBOR RLTY TR I/SH stock traded down $0.39 during midday trading on Wednesday, reaching $12.97. The company had a trading volume of 2,385,538 shares, compared to its average volume of 1,018,827. The company has a debt-to-equity ratio of 1.97, a current ratio of 13.12 and a quick ratio of 13.12. The firm has a market cap of $1.15 billion, a P/E ratio of 10.72 and a beta of 0.62. ARBOR RLTY TR I/SH has a fifty-two week low of $8.93 and a fifty-two week high of $13.94.

ARBOR RLTY TR I/SH (NYSE:ABR) last posted its quarterly earnings data on Friday, February 15th. The real estate investment trust reported $0.47 EPS for the quarter, topping the Zacks’ consensus estimate of $0.26 by $0.21. ARBOR RLTY TR I/SH had a return on equity of 14.74% and a net margin of 51.33%. The company had revenue of $73.36 million for the quarter, compared to analyst estimates of $69.20 million. During the same period in the previous year, the firm earned $0.25 earnings per share. Equities analysts anticipate that ARBOR RLTY TR I/SH will post 1.05 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently modified their holdings of ABR. LSV Asset Management lifted its stake in ARBOR RLTY TR I/SH by 46.0% in the first quarter. LSV Asset Management now owns 3,062,519 shares of the real estate investment trust’s stock valued at $39,720,000 after buying an additional 965,580 shares during the period. BlackRock Inc. increased its holdings in shares of ARBOR RLTY TR I/SH by 14.4% during the fourth quarter. BlackRock Inc. now owns 7,418,340 shares of the real estate investment trust’s stock valued at $74,703,000 after acquiring an additional 933,973 shares in the last quarter. KAMES CAPITAL plc bought a new stake in shares of ARBOR RLTY TR I/SH during the fourth quarter valued at approximately $3,739,000. Delphi Financial Group Inc. bought a new stake in shares of ARBOR RLTY TR I/SH during the fourth quarter valued at approximately $3,401,000. Finally, Navellier & Associates Inc increased its holdings in shares of ARBOR RLTY TR I/SH by 188.8% during the fourth quarter. Navellier & Associates Inc now owns 406,502 shares of the real estate investment trust’s stock valued at $4,093,000 after acquiring an additional 265,727 shares in the last quarter. 47.17% of the stock is currently owned by hedge funds and other institutional investors.

ARBOR RLTY TR I/SH Company Profile

Arbor Realty Trust, Inc invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets. The company operates in two segments, Structured Business and Agency Business. It primarily invests in real estate-related bridge and mezzanine loans, including junior participating interests in first mortgages, and preferred and direct equity, as well as real estate-related notes and various mortgage-related securities.

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Analyst Recommendations for ARBOR RLTY TR I/SH (NYSE:ABR)

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