Arbor Realty Trust Inc. (NYSE:ABR) finished Friday with a subtraction of -$0.05 to close at $15.18, a downside of -0.33 percent. An average of 2,414,700 shares of common stock have been traded in the last five days. There was a gain of $0.29 in the past week, and it reached a new high 23 times over the past 12 months. The last 20 days have seen an average of 2,355,470 shares traded, while the 50-day average volume stands at 2,967,910.
ABR stock has decreased by -4.95% in the last month. The company shares reached their 1-month lowest point of $14.65 on 09/26/23. With the stock rallying to its 52-week high on 07/28/23, shares of the company touched a low of $10.10 and a high of $17.74 in 52 weeks. It has reached a new high 23 times so far this year and achieved 15.09% or $1.99 in price. In spite of this, the price is down -14.43% from the 52-week high.
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Valuation Metrics
Arbor Realty Trust Inc. (ABR) has a trailing price-to-earnings (P/E) ratio of 8.83. The stock’s beta is 1.92. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.88, the price-to-book (PB) ratio at 1.16, and the price-to-cash flow ratio at 6.17.
The company has a payout ratio of 92.07%. The company’s most recent quarterly dividend payment was $0.43 a share, representing a up of 2.38% from $0.42 last year. Its latest increase dividend $0.01 reported on Friday July 28 2023.
Financial Health
Further, the company has a long term debt to equity ratio of 3.54 and a total debt to equity ratio of 4.17 for the quarter ending June 29. Its gross profit as reported stood at $383.59 million compared to revenue of $1.18 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Arbor Realty Trust Inc.’s return on assets was 2.09%.
Earnings Surprise
For the three-month period that ended June 29, Arbor Realty Trust Inc. had $7.17 billion in total debt. The analyst consensus anticipated Arbor Realty Trust Inc.’s latest quarter earnings to come in at $0.44 per share, but it turned out to be $0.57, a 29.50% surprise. For the quarter, EBITDA amounted to $116.5 million. At the end of the quarter ending June 29, Arbor Realty Trust Inc.’s stock balance sheet showed total debt was $12.69 billion. Shareholders own equity worth $186.5 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Arbor Realty Trust Inc. (ABR) price momentum. RSI 9-day as of the close on 29 September was 44.68%, suggesting the stock is Neutral, with historical volatility in this time frame at 26.81%.
As of today, ABR’s price is $14.95 +1.95% or $0.29 from its 5-day moving average. ABR is currently trading -4.89% lower than its 20-day SMA and +24.32% higher than its 100-day SMA. However, the stock’s current price level is -8.88% below the SMA50 and +7.43% above the SMA200.
The stochastic %K and %D were 30.60% and 19.51%, respectively, and the average true range (ATR) was 0.34. With the 14-day stochastic at 37.59% and the average true range at 0.35, the RSI (14) stands at 44.13%. The stock has reached 0.00 on the 9-day MACD Oscillator while the 14-day reading was at -0.26.
Analyst Ratings
Piper Sandler downgraded Arbor Realty Trust Inc. (NYSE: ABR) to a an Underweight rating in its most recent analyst report. Previously, the stock was rated as an Overweight.
