The Most Interesting Shares Today: Arbor Realty Trust Inc. (NYSE: ABR)

In the latest trading session, 1.9 million Arbor Realty Trust Inc. (NYSE:ABR) shares changed hands as the company’s beta touched 1.97. With the company’s most recent per share price at $12.10 changed hands at -$0.57 or -4.54% at last look, the market valuation stands at $2.28B. ABR’s current price is a discount, trading about -38.35% off its 52-week high of $16.74. The share price had its 52-week low at $9.22, which suggests the last value was 23.8% up since then. When we look at Arbor Realty Trust Inc.’s average trading volume, we note the 10-day average is 7.3 million shares, with the 3-month average coming to 2.29.

Arbor Realty Trust Inc. (NYSE:ABR) trade information

Instantly ABR was in red as seen in intraday trades today. With action -3.70%, the performance over the past five days has been red. The drop to weekly highs of 12.89 subtracted -4.54% to the stock’s daily price. The company’s shares are showing year-to-date downside of -20.32%, with the 5-day performance at -3.70% in the red. However, in the 30-day time frame, Arbor Realty Trust Inc. (NYSE:ABR) is -17.78% down. Looking at the short shares, we see there were 63.9 million shares sold at short interest cover period of 14.76 days.

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Arbor Realty Trust Inc. (ABR) estimates and forecasts

Data shows that the Arbor Realty Trust Inc. share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -22.37% over the past 6 months, a -0.45% in annual growth rate that is considerably higher than the industry average of -16.40%. Moreover, analysts have looked to lower expectations by upgrading its fiscal year 2024 revenue estimates. The rating firms predict current quarter revenue for Arbor Realty Trust Inc. will fall -10.20%, while the growth in revenue is estimated to hit -29.00% for the next quarter. Year-over-year growth is forecast to reach 8.00% up from the last financial year.

Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of $97.65 million. 5 analysts are of the opinion that Arbor Realty Trust Inc.’s revenue for the quarter ending Mar 2024 will be $95.53 million. The company’s revenue for the corresponding quarters a year ago was $113.06 million and $108.57 million respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -13.60%. The estimates for the next quarter sales put growth at -12.00%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 8.35%. The 2024 estimates are for Arbor Realty Trust Inc. earnings to decrease by -1.97%, but the outlook for the next 5-year period is at 8.00% per year.

ABR Dividends

Arbor Realty Trust Inc. is expected to release its next quarterly earnings report on February 16. The 13.89% annual yield figure for the share gives it an annual dividend of 1.68. It is important to note, however, that the 13.89% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.

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