Arbor Realty Trust Inc (NYSE:ABR) currently has a daily average trading volume of 3.90M but it saw 2707828 shares traded in last market. With a market cap of 2.06B USD, the company’s current market price of $10.74 came rising about 2.78 while comparing to the previous closing price of $10.45. In past 52 weeks, the stock remained buoying in the range of price level as high as $15.94 and as low as $8.43. In the recent trading on the day, stock has struck highest price mark of $10.4646 while lowest mark touched by it was $10.8.
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 4.99% up while it is 8.92% when we observe its performance for the past one month. Year-to-date it is -24.37% down and over the past year, the stock is showing a downside performance of -22.45%.
The company is expected to be releasing its next quarterly report on 2025-May-02, for which analysts forecasted an EPS of 0.27 while estimate for next year EPS is 1.06. In next quarter, company is expected to be making quarterly sales of $80.24M as analysts are expecting the sales for current fiscal year at $314.87M and seeing the company making $341.31M in sales next year. Moreover, analysts are in estimates of $76.99M for current-quarter revenue.
Currently, Arbor Realty Trust Inc’s total number of outstanding shares is 192.16M with 2.65% of that held by the insiders while 57.92% 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 10.85 while having a 9.46 of forward P/E ratio. Stock’s beta reads 1.31. Stock has a price to book (P/B) ratio of 0.87 while price to sale or P/S ratio amounts to 1.53. Its return on asset (ROA) is 1.67% on average.
