Currently, there are 189.26M common shares owned by the public and among those 181.29M shares have been available to trade.
The company’s stock has a 5-day price change of -12.02% and -18.81% over the past three months. ABR shares are trading -13.36% year to date (YTD), with the 12-month market performance down to -10.51% lower. It has a 12-month low price of $11.95 and touched a high of $15.94 over the same period. ABR has an average intraday trading volume of 2.16 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -11.48%, -12.41%, and -14.77% respectively.
Institutional ownership of Arbor Realty Trust Inc (NYSE: ABR) shares accounts for 59.39% of the company’s 189.26M shares outstanding.
It has a market capitalization of $2.26B and a beta (3y monthly) value of 1.99. The stock’s trailing 12-month PE ratio is 10.80, while the earnings-per-share (ttm) stands at $1.11. The company has a debt-to-equity ratio at 3.27. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.25% over the week and 2.94% over the month.
Earnings per share for the fiscal year are expected to decrease by -17.82%, and 8.39% over the next financial year.
Looking at the support for the ABR, a number of firms have released research notes about the stock. Wedbush stated their Neutral rating for the stock in a research note on April 11, 2024, with the firm’s price target at $17-$13. Piper Sandler coverage for the Arbor Realty Trust Inc (ABR) stock in a research note released on July 31, 2023 offered a Underweight rating with a price target of $16. JP Morgan was of a view on July 24, 2023 that the stock is Underweight, while Wedbush gave the stock Outperform rating on June 02, 2023, issuing a price target of $15. JP Morgan on their part issued Neutral rating on April 24, 2023.
