Arbor Realty Trust Inc. [NYSE: ABR] stock went on a downward path that fall over -0.77% on Thursday, amounting to a one-week price decrease of less than -3.73%. The company report on March 29, 2024 at 4:15 PM that Arbor Realty Trust Declares Preferred Stock Dividends.
Over the last 12 months, ABR stock rose by 23.20%. The one-year Arbor Realty Trust Inc. stock forecast points to a potential upside of 13.08. The average equity rating for ABR stock is currently 2.83, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $2.43 billion, with 188.51 million shares outstanding and 170.70 million shares in the current float. Compared to the average trading volume of 4.76M shares, ABR stock reached a trading volume of 3531732 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Arbor Realty Trust Inc. [ABR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ABR shares is $14.83 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ABR stock is a recommendation set at 2.83. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Piper Sandler have made an estimate for Arbor Realty Trust Inc. shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on July 31, 2023. While these analysts kept the previous recommendation, JP Morgan raised their target price from $11.50 to $13.50. The new note on the price target was released on July 24, 2023, representing the official price target for Arbor Realty Trust Inc. stock. Previously, the target price had yet another raise to $15, while Wedbush analysts kept a Outperform rating on ABR stock. On April 24, 2023, analysts decreased their price target for ABR shares from 15 to 11.
The Average True Range (ATR) for Arbor Realty Trust Inc. is set at 0.36, with the Price to Sales ratio for ABR stock in the period of the last 12 months amounting to 1.50. The Price to Book ratio for the last quarter was 0.98, with the Price to Cash per share for the same quarter was set at 8.15. Price to Free Cash Flow for ABR in the course of the last twelve months was 9.66.
ABR Stock Performance Analysis:
Arbor Realty Trust Inc. [ABR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.73. With this latest performance, ABR shares gained by 1.10% in over the last four-week period, additionally sinking by -3.95% over the last 6 months – not to mention a rise of 23.20% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ABR stock in for the last two-week period is set at 47.52, with the RSI for the last a single of trading hit 46.47, and the three-weeks RSI is set at 47.49 for Arbor Realty Trust Inc. [ABR]. The present Moving Average for the last 50 days of trading for this stock 13.02, while it was recorded at 13.03 for the last single week of trading, and 14.30 for the last 200 days.
ABR Stock EPS
With the latest financial reports released by the company, Arbor Realty Trust Inc. posted 0.62/share EPS, while the average EPS was predicted by analysts to be reported at 0.4/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 55.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ABR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Arbor Realty Trust Inc. go to 8.00%.
Arbor Realty Trust Inc. [ABR] Institutonal Ownership Details
The top three institutional holders of ABR stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in ABR stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in ABR stock with ownership which is approximately 5.8386%.
