Arbor Realty Trust Inc (NYSE: ABR) Now -44.04% Off Its High ($15.94), Does Analysts See Headwinds And Risks?

money audit

Arbor Realty Trust Inc (NYSE:ABR) currently has a daily average trading volume of 4.15M but it saw 10630721 shares traded in last market. With a market cap of 1.71B USD, the company’s current market price of $8.92 came falling about -1.76 while comparing to the previous closing price of $9.08. In past 52 weeks, the stock remained buoying in the range of price level as high as $15.94 and as low as $9.00.

Wedbush downgraded its recommendation for the stock as a “Neutral” from “Outperform” on April 11, 2024 while assigning a price target range of $17-$13. Piper Sandler also issued its recommendations for the stock as it downgraded the price target for the stock is $16.

Over the week, ABR’s stock price is moving -17.71% down while it is -21.13% when we observe its performance for the past one month. Year-to-date it is -35.60% down and over the past year, the stock is showing a downside performance of -35.64%.

Currently, Arbor Realty Trust Inc’s total number of outstanding shares is 192.16M with 2.52% of that held by the insiders while 57.97% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 1.75% and return on equity (ROE) at 7.77%. It has a price to earnings ratio (P/E ratio) of 9.01 while having a 7.53 of forward P/E ratio. Stock’s beta reads 1.32. Stock has a price to book (P/B) ratio of 0.72 while price to sale or P/S ratio amounts to 1.27. Its return on asset (ROA) is 1.67% on average.