An analyst sees good growth prospects for Arbor Realty Trust Inc. (ABR)

With 2.44 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.74 million shares. During the session, the REIT – Mortgage company that operates in wider Real Estate sector, reached to the highest price of $15.59 whereas the lowest price it dropped to was $15.385. The 52-week range on ABR shows that it touched its highest point at $16.35 and its lowest point at $11.76 during that stretch. It currently has a 1-year price target of $13.83. With its current market cap of 2.92 billion, ABR has annualized dividend of $1.29 while the current yield stands at 8.32%. Beta for the stock currently stands at 2.02.

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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 up-trending over the past week, with a rise of 2.31%, but this was up by 13.96% over a month. Three-month performance surged to 9.07% while six-month performance rose 15.83%. The stock gained 8.67% in the past year, while it has gained 2.17% so far this year. A look at the trailing 12-month EPS for ABR yields 1.42 with Next year EPS estimates of 1.63. For the next quarter, that number is 0.39. This implies an EPS growth rate of -23.73% for this year and -5.23% 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 181.37 million shares on hand for trading. On 2024-09-13, short shares totaled 63.41 million, which was 3363.0002 higher than short shares on 1723680000. 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 0.603 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.