Arbor Realty Trust Inc. (NYSE: ABR) is 1.98% higher on its value in year-to-date trading and has touched a low of $11.76 and a high of $16.35 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ABR stock was last observed hovering at around $15.56 in the last trading session, with the day’s loss setting it -0.08%.
Currently trading at $15.48, the stock is 7.21% and 12.04% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.59 million and changing -0.51% at the moment leaves the stock 13.12% off its SMA200. ABR registered 5.25% gain for a year compared to 6-month gain of 19.63%. The firm has a 50-day simple moving average (SMA 50) of $13.8588 and a 200-day simple moving average (SMA200) of $13.687.
The stock witnessed a 13.82% loss in the last 1 month and extending the period to 3 months gives it a 6.39%, and is -0.13% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.80% over the week and 2.36% over the month.
Arbor Realty Trust Inc. (ABR) has around 647 employees, a market worth around $2.92B and $1.56B in sales. Current P/E ratio is 10.87 and Fwd P/E is 9.62. Profit margin for the company is 17.64%. Distance from 52-week low is 31.60% and -5.32% from its 52-week high. The company has generated returns on investments over the last 12 months (2.17%).
with sales reaching $85.88M over the same period.The EPS is expected to shrink by -23.91% this year, but quarterly earnings will post -15.80% year-over-year. Quarterly sales are estimated to shrink -14.10% in year-over-year returns.
Arbor Realty Trust Inc. (ABR) Top Institutional Holders
410.0 institutions hold shares in Arbor Realty Trust Inc. (ABR), with institutional investors hold 61.81% of the company’s shares. The shares outstanding are 188.51M, and float is at 181.37M with Short Float at 34.96%. Institutions hold 60.29% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 25.67 million shares valued at $368.31 million. The investor’s holdings represent 13.6009% of the ABR Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 19.37 million shares valued at $277.89 million to account for 10.2619 of the shares outstanding. The other top investors are STATE STREET CORP which holds 7.18 million shares representing 3.8022% and valued at over $102.96 million, while GOLDMAN SACHS GROUP INC holds 2.8554 of the shares totaling 5.39 million with a market value of $77.33 million.
Arbor Realty Trust Inc. (ABR) Insider Activity
The most recent transaction is an insider purchase by Friedman David Erwin, the company’s CCO & Head of Non-Agcy Prod. SEC filings show that Friedman David Erwin bought 1,775 shares of the company’s common stock on Sep 05 ’24 at a price of $13.09 per share for a total of $23229.0. Following the purchase, the insider now owns 67511.0 shares.
Arbor Realty Trust Inc. disclosed in a document filed with the SEC on Sep 04 ’24 that Green William C (Director) bought a total of 10,719 shares of the company’s common stock. The trade occurred on Sep 04 ’24 and was made at $13.13 per share for $0.14 million. Following the transaction, the insider now directly holds 0.17 million shares of the ABR stock.
Still, SEC filings show that on Jun 11 ’24, Friedman David Erwin (CCO & Head of Non-Agcy Prod) acquired 5,275 shares at an average price of $13.37 for $70526.0. The insider now directly holds 65,736 shares of Arbor Realty Trust Inc. (ABR).
