Currently, there are 192.16M common shares owned by the public and among those 184.53M shares have been available to trade.
The company’s stock has a 5-day price change of -5.40% and -26.30% over the past three months. ABR shares are trading -26.57% year to date (YTD), with the 12-month market performance down to -30.72% lower. It has a 12-month low price of $9.66 and touched a high of $15.94 over the same period. ABR has an average intraday trading volume of 4.32 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 -6.43%, -10.06%, and -23.93% respectively.
Institutional ownership of Arbor Realty Trust Inc (NYSE: ABR) shares accounts for 56.21% of the company’s 192.16M shares outstanding.
It has a market capitalization of $1.95B and a beta (3y monthly) value of 1.33. The stock’s trailing 12-month PE ratio is 10.28, while the earnings-per-share (ttm) stands at $0.99. The company has a debt-to-equity ratio at 3.30. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.06% over the week and 3.53% over the month.
Analysts forecast that Arbor Realty Trust Inc (ABR) will achieve an EPS of 0.27 for the current quarter, 0.28 for the next quarter and 1.25 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.21 while analysts give the company a high EPS estimate of 0.21. Comparatively, EPS for the current quarter was 0.45 a year ago. Earnings per share for the fiscal year are expected to decrease by -42.10%, and 17.62% over the next financial year.
Wedbush coverage for the Arbor Realty Trust Inc (ABR) stock in a research note released on April 11, 2024 offered a Neutral rating with a price target of $13. Piper Sandler was of a view on July 31, 2023 that the stock is Underweight, while JP Morgan gave the stock Underweight rating on July 24, 2023, issuing a price target of $11.50- $13.50. Wedbush on their part issued Outperform rating on June 02, 2023.
