Arbor Realty Trust Inc. (ABR) concluded trading on Thursday at a closing price of $12.84, with 13.99 million shares of worth about $179.65 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 5.01% during that period and on May 09, 2024 the price saw a loss of about -4.89%. Currently the company’s common shares owned by public are about 188.51M shares, out of which, 170.71M shares are available for trading.
Stock saw a price change of -1.83% in past 5 days and over the past one month there was a price change of 4.05%. Year-to-date (YTD), ABR shares are showing a performance of -15.42% which increased to 14.24% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.93 but also hit the highest price of $16.74 during that period. The average intraday trading volume for Arbor Realty Trust Inc. shares is 4.16 million. The stock is currently trading 0.46% above its 20-day simple moving average (SMA20), while that difference is down -0.21% for SMA50 and it goes to -6.95% lower than SMA200.
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Arbor Realty Trust Inc. (NYSE: ABR) currently have 188.51M outstanding shares and institutions hold larger chunk of about 59.56% of that.
The stock has a current market capitalization of $2.42B and its 3Y-monthly beta is at 1.96. PE ratio of stock for trailing 12 months is 8.00, while it has posted earnings per share of $1.61 in the same period. Its PEG reads 1.00 while making debt-to-equity ratio of 3.70. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ABR, volatility over the week remained 4.11% while standing at 3.06% over the month.
Stock’s fiscal year EPS is expected to drop by -27.33% while it is estimated to increase by 1.16% in next year. EPS is likely to grow at an annualized rate of 8.00% for next 5-years, compared to annual growth of 3.18% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wedbush on April 11, 2024 offering a Neutral rating for the stock and assigned a target price range of between $17 and $13 to it. Coverage by Piper Sandler stated Arbor Realty Trust Inc. (ABR) stock as an Underweight in their note to investors on July 31, 2023, suggesting a price target of $16 for the stock. On July 24, 2023, JP Morgan Downgrade their recommendations, while on June 02, 2023, Wedbush Initiated their ratings for the stock with a price target of $15. Stock get a Neutral rating from JP Morgan on April 24, 2023.
