Arbor Realty Trust (ABR) Expected to Post Earnings of $0.20 Per Share

Wall Street analysts expect that Arbor Realty Trust (NYSE:ABR) will report earnings per share of $0.20 for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Arbor Realty Trust’s earnings. Arbor Realty Trust posted earnings of $0.40 per share in the same quarter last year, which suggests a negative year over year growth rate of 50%. The business is expected to issue its next earnings results on Friday, March 2nd.

According to Zacks, analysts expect that Arbor Realty Trust will report full-year earnings of $1.00 per share for the current financial year. For the next financial year, analysts forecast that the business will post earnings of $0.88 per share. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side analysts that that provide coverage for Arbor Realty Trust.

Arbor Realty Trust (NYSE:ABR) last posted its earnings results on Friday, November 3rd. The real estate investment trust reported $0.26 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.08. Arbor Realty Trust had a return on equity of 11.61% and a net margin of 57.54%. The business had revenue of $42.14 million during the quarter.

Separately, Zacks Investment Research cut Arbor Realty Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, September 13th.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wells Fargo & Company MN grew its holdings in shares of Arbor Realty Trust by 7.2% in the 2nd quarter. Wells Fargo & Company MN now owns 40,267 shares of the real estate investment trust’s stock worth $336,000 after acquiring an additional 2,720 shares during the period. Benchmark Capital Advisors grew its holdings in shares of Arbor Realty Trust by 0.9% in the 2nd quarter. Benchmark Capital Advisors now owns 423,769 shares of the real estate investment trust’s stock worth $3,534,000 after acquiring an additional 3,850 shares during the period. Chartwell Investment Partners LLC grew its holdings in shares of Arbor Realty Trust by 2.7% in the 2nd quarter. Chartwell Investment Partners LLC now owns 191,911 shares of the real estate investment trust’s stock worth $1,601,000 after acquiring an additional 5,000 shares during the period. First Trust Advisors LP grew its holdings in shares of Arbor Realty Trust by 15.6% in the 2nd quarter. First Trust Advisors LP now owns 38,638 shares of the real estate investment trust’s stock worth $322,000 after acquiring an additional 5,217 shares during the period. Finally, Dynamic Technology Lab Private Ltd lifted its stake in Arbor Realty Trust by 22.7% in the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 42,831 shares of the real estate investment trust’s stock valued at $351,000 after buying an additional 7,916 shares in the last quarter. Institutional investors and hedge funds own 45.67% of the company’s stock.

Arbor Realty Trust (NYSE:ABR) traded down $0.17 during trading on Friday, hitting $8.52. The stock had a trading volume of 770,729 shares, compared to its average volume of 339,603. Arbor Realty Trust has a fifty-two week low of $7.11 and a fifty-two week high of $8.99. The company has a debt-to-equity ratio of 1.72, a current ratio of 13.19 and a quick ratio of 13.19. The stock has a market cap of $537.43, a P/E ratio of 8.62 and a beta of 0.62.

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 30th. Shareholders of record on Wednesday, November 15th were given a dividend of $0.19 per share. This is a boost from Arbor Realty Trust’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Tuesday, November 14th. This represents a $0.76 annualized dividend and a yield of 8.92%. Arbor Realty Trust’s payout ratio is presently 64.96%.

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Arbor Realty Trust Company Profile

Arbor Realty Trust, Inc is a real estate investment trust. The Company invests in a portfolio of structured finance assets in the multifamily and commercial real estate markets, primarily consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity.

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