Arbor Realty Trust (ABR) Projected to Post Quarterly Earnings on Friday

Arbor Realty Trust (NYSE:ABR) is expected to issue its quarterly earnings data before the market opens on Friday, February 21st. Analysts expect the company to announce earnings of $0.41 per share and revenue of $88.92 million for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Arbor Realty Trust Price Performance

Shares of NYSE:ABR opened at $13.82 on Thursday. Arbor Realty Trust has a 1-year low of $11.95 and a 1-year high of $15.94. The company has a debt-to-equity ratio of 2.67, a current ratio of 35.68 and a quick ratio of 35.68. The business has a fifty day moving average price of $13.70 and a 200-day moving average price of $14.21. The company has a market capitalization of $2.61 billion, a PE ratio of 10.23 and a beta of 2.03.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. JPMorgan Chase & Co. reduced their price objective on shares of Arbor Realty Trust from $13.50 to $12.50 and set an “underweight” rating for the company in a research note on Tuesday, January 21st. Keefe, Bruyette & Woods reduced their price target on shares of Arbor Realty Trust from $14.25 to $13.50 and set a “market perform” rating for the company in a research report on Tuesday, January 14th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $14.00.

Insider Transactions at Arbor Realty Trust

In related news, Director William C. Green bought 5,269 shares of the firm’s stock in a transaction on Thursday, December 5th. The stock was acquired at an average cost of $14.17 per share, for a total transaction of $74,661.73. Following the purchase, the director now owns 178,797 shares in the company, valued at approximately $2,533,553.49. This represents a 3.04 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 3.70% of the company’s stock.

About Arbor Realty Trust

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 through Structured Business and Agency Business segments. 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.