It’s Not A Fantasy To Think That Arbor Realty Trust Inc (ABR) Has Big Future Potential

Arbor Realty Trust Inc (NYSE:ABR) currently has a daily average trading volume of 3.74M but it saw 2268420 shares traded in last market. With a market cap of 2.16B USD, the company’s current market price of $11.25 came rising about 2.37 while comparing to the previous closing price of $10.99. 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 $10.87 while lowest mark touched by it was $11.31.

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 1.72% up while it is 7.97% when we observe its performance for the past one month. Year-to-date it is -24.45% down and over the past year, the stock is showing a downside performance of -18.77%.

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 11.37 while having a 10.07 of forward P/E ratio. Stock’s beta reads 1.31. Stock has a price to book (P/B) ratio of 0.91 while price to sale or P/S ratio amounts to 1.60. Its return on asset (ROA) is 1.67% on average.

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