With 2.26 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.18 million shares. During the session, the REIT – Mortgage company that operates in wider Real Estate sector, reached to the highest price of $13.88 whereas the lowest price it dropped to was $13.51. The 52-week range on ABR shows that it touched its highest point at $15.94 and its lowest point at $11.92 during that stretch. It currently has a 1-year price target of $14.54. With its current market cap of 2.57 billion, ABR has annualized dividend of $1.72 while the current yield stands at 12.61%. ABR paid its most recent dividend on 1723766400, while the ex-dividend date for that was 1731628800. Beta for the stock currently stands at 2.00.
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 -0.44%, but this was down by -2.57% over a month. Three-month performance dropped to -7.59% while six-month performance fell -8.15%. The stock lost -6.32% in the past year, while it has lost -1.52% so far this year. A look at the trailing 12-month EPS for ABR yields 1.30 with Next year EPS estimates of 1.60. For the next quarter, that number is 0.38. This implies an EPS growth rate of -23.02% for this year and -7.39% for next year.
Float and Shares Shorts:
At present, 188.61 million ABR shares are outstanding with a float of 181.42 million shares on hand for trading. On 2024-12-13, short shares totaled 56.37 million, which was 2989.0 higher than short shares on 1731628800. 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 0.60846 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 4 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ABR analysts setting a high price target of 16.5 and a low target of 13.0, the average target price over the next 12 months is 14.54167. Based on these targets, ABR could surge 20.97% to reach the target high and fall by -4.69% to reach the target low. Reaching the average price target will result in a growth of 6.61% from current levels.
Analysts have provided yearly estimates in a range of $1.77251 being high and $1.70161 being low. For ABR, this leads to a yearly average estimate of $1.732.
