28-Mar-2024
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Globe Newswire (Fri, 16-Feb 8:15 AM ET)
Arbor Realty Trust Schedules Fourth Quarter 2023 Earnings Conference Call
Globe Newswire (Tue, 6-Feb 4:10 PM ET)
Arbor Realty Trust Announces Tax Treatment of 2023 Dividends
Globe Newswire (Tue, 30-Jan 4:15 PM ET)
Globe Newswire (Thu, 18-Jan 9:00 PM ET)
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Arbor Realty Trust, Inc. - ABR
Globe Newswire (Thu, 18-Jan 5:25 PM ET)
Globe Newswire (Wed, 17-Jan 3:08 PM ET)
Globe Newswire (Wed, 10-Jan 4:23 PM ET)
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Arbor Realty Trust, Inc. - ABR
Globe Newswire (Wed, 10-Jan 4:22 PM ET)
Arbor Realty Trust Inc is a specialized real estate finance company. It invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets, consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred, and direct equity. In addition, it may also directly acquire real property and invest in real estate-related notes and certain mortgage-related securities. The company has two business segments, Structured Business and Agency Business. It generates a majority of its revenue from the Structured Business Segment. The company is externally managed and advised by Arbor Commercial Mortgage, LLC.
Arbor Realty Trust trades on the NYSE stock market under the symbol ABR.
As of March 28, 2024, ABR stock price declined to $13.25 with 2,698,927 million shares trading.
ABR has a beta of 1.21, meaning it tends to be more sensitive to market movements. ABR has a correlation of 0.14 to the broad based SPY ETF.
ABR has a market cap of $2.50 billion. This is considered a Mid Cap stock.
Last quarter Arbor Realty Trust reported $104 million in Revenue and $.51 earnings per share. This beat revenue expectation by $6 million and exceeded earnings estimates by $.07.
In the last 3 years, ABR stock traded as high as $20.74 and as low as $10.10.
The top ETF exchange traded funds that ABR belongs to (by Net Assets): IJR, VTI, VB, IWM, VBR.
ABR has outperformed the market in the last year with a price return of +33.8% while the SPY ETF gained +33.6%. However, in the short term, ABR had mixed performance relative to the market. It has underperformed in the last 3 months, returning -15.0% vs +10.1% return in SPY. But in the last 2 weeks, ABR shares have fared better than the market returning +1.8% compared to SPY +1.7%.
ABR support price is $13.13 and resistance is $13.65 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ABR stock will trade within this expected range on the day.