Arbor Realty Trust Inc. (ABR) is looking forward to a strong quarter

With 4.41 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.85 million shares. During the session, the REIT – Mortgage company that operates in wider Real Estate sector, reached to the highest price of $13.9299 whereas the lowest price it dropped to was $13.32. The 52-week range on ABR shows that it touched its highest point at $16.74 and its lowest point at $11.76 during that stretch. It currently has a 1-year price target of $13.71. With its current market cap of 2.55 billion, ABR has annualized dividend of $1.72 while the current yield stands at 12.72%. Beta for the stock currently stands at 2.01.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ABR was down-trending over the past week, with a drop of -1.17%, but this was up by 0.15% over a month. Three-month performance surged to 5.13% while six-month performance rose 2.81%. The stock gained 0.95% in the past year, while it has lost -10.94% so far this year. A look at the trailing 12-month EPS for ABR yields 1.61 with Next year EPS estimates of 1.65. For the next quarter, that number is 0.40. This implies an EPS growth rate of -27.33% for this year and 1.16% for next year. EPS is expected to grow by 8.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 3.18%.

Float and Shares Shorts:

At present, 188.51 million ABR shares are outstanding with a float of 181.26 million shares on hand for trading. On 2024-05-15, short shares totaled 74.34 million, which was 3943.0 higher than short shares on 1713139200. In addition to Mr. Ivan Paul Kaufman as the firm’s Chairman, President & CEO, Mr. Paul Anthony Elenio serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 0.63721 of ABR’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ABR since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.