Arbor Realty Trust ABR

$4.07 -0.12 (-2.86%)

Valuation

Market cap
781,678,000
Revenue TTM
$1,212,230,000
Net income TTM
$148,800,000
PE ratio
6.86
Forward PE
19.09
Profit margin
12.27%
Debt to equity
1.82

Trading

Volume
7,302,400
Avg volume
4,149,848
Day's range
$4.06 – $4.20
Shares out
186,558,000
Stochastic %K
1%
Beta
1.15
Analysts
Hold
Price target
$6.00

Price

Company profile

Arbor Realty Trust, Inc. invests in a diversified portfolio of structured finance assets in the multifamily, single-family rental, and commercial real estate markets in the United States. It operates in two segments, Structured Business and Agency Business. The company invests in bridge and mezzanine loans, including junior participating interests in first mortgages, and preferred and direct equity, as well as real e...

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Arbor Realty Trust, Inc. invests in a diversified portfolio of structured finance assets in the multifamily, single-family rental, and commercial real estate markets in the United States. It operates in two segments, Structured Business and Agency Business. The company invests in bridge and mezzanine loans, including junior participating interests in first mortgages, and preferred and direct equity, as well as real estate-related joint ventures, real estate-related notes, and various mortgage-related securities. It also offers bridge financing products to borrowers who seek short-term capital to be used in an acquisition of property; financing products to borrowers looking to develop, acquire or refinance conventional, workforce and affordable single-family rental (SFR) housing; multifamily investors short-term floating-rate financing for new and construction-ready multifamily projects; and mezzanine financing in the form of loans that are subordinate to a conventional first mortgage loan and senior to the borrower's equity in a transaction. In addition, the company provides financing by making preferred equity investments in entities that directly or indirectly own real property that are subordinate to a first mortgage loan; and invest in structured transactions, which are primarily comprised of joint ventures formed to acquire, develop and/or sell real estate-related assets. Further, it underwrites, originates, sells, and services financing loans underwritten using similar guidelines of existing agency loans sold to the government-sponsored enterprises; and long-term permanent fixed rate loans on SFR properties. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Arbor Realty Trust, Inc. was incorporated in 2003 and is headquartered in Uniondale, New York.

Industry
REIT - Mortgage
Sector
Real Estate
Phone
516 506 4200
Website
https://arbor.com
Address
333 Earle Ovington Boulevard, Suite 900, Uniondale, United States

Latest news

Stocktwits

MidnightMadness Sep 25, 2:19 AM
$ABR ...and (13) Abr is an asymmetric investment that over a 3-5 year horizon the market will distinguish between a temporary cyclical distress and a permanent structural value. Thus at these levels the risk-to-reward ratio is favorably skewed and becomes stronger the lower the market prices this equity. So go ahead shorts, take it lower...as it is a setup of "heads I don't lose much, tails I win big"
0 replies
MidnightMadness Sep 25, 1:48 AM
$ABR Always good to revisit some bull case elements in the current darkness: (1) Lawsuit dismissed that dragged shares lower via shorts (2) Clearing REO aggressively to free up cash (3) $129MM of stable agency revenue, strong margins (4) Buying back shares that are significantly accretive (5) Have been eating losses quickly to rid toxic loans (6) Short squeeze potential is increasing. (7) Ivan/Paul haven't sold any of their shares and have major stakes/skin in the game (8) Pivoting to SFR and have had NO delinquency making up 40% of recent originations. (9) increased provisions for losses (10) dividend cut was a wise move, IMHO they should cut it fully and repurchase stock aggressively. (11) Market has started pricing in aggressive rate hikes - if oil drops....this will turn quickly. (12) market has priced in distress for ABR and no revenue growth.
0 replies
MidnightMadness Sep 25, 12:28 AM
$ABR Markets are quickly pricing in an aggressive path of interest rate hikes putting the fed in a precarious spot. Nonetheless, Goldman was very clear...majority of inflation is oil related. +0.2-0.3% of inflation per $10 barrel of oil increase. If Oil begins flowing more readily, and the market has overshot pricing in an aggressive path it will catch many shorts off sides. Time will tell but right now the boat is tipped to one side.
0 replies
MidnightMadness Sep 24, 11:35 PM
$ABR Crazy thought but Ivan did say he will use some REO assets to purchase shares. If he sold all the $545 billion REO assets at 80% of value on books he could just about take the company private if we drop into the 3s.
0 replies
ns4 Sep 24, 10:05 PM
$ABR book value is super reliable 👍 until it's not. Lehman and Bear told very different stories about their book values than the market ended up believing: -Lehman Brothers (filed Sept 15, 2008): its last reported book value per common share was $34.21 - Bear Stearns: Bear executives were still telling analysts the firm's book value was "at a minimum of $80 a share. JPMorgan agreed to pay $2 a share. So Lehman filed claiming ~$34/share of book equity, and Bear's management insisted on $80/share right up to the weekend they sold it for $2 — both cases where stated book value turned out to be the fiction rather than the market.
1 replies
MidnightMadness Sep 24, 9:48 PM
$ABR Trading at 0.44x Tangible Book Value and 0.35x standard book. A lot of sellers are jumping on the short bandwagoon or investors are selling this and asking questions later.....sure we may get a taste of the 3s which shorts are pursuing to push downward with high velocity and challenging the covid low from a technical perspectivie....but I will leave you with one statement again.......caveat venditor!!! (1) this cheap valuation will not go unnoticed, (2) Expect ABR to be adding shares which will be highly accretive to earnings as they are buying so far below book (3) As ABR buys bigger blocks and retires shares...the float will compress faster leaving a challenge for shorts in a highly shorted stock. I moved a portion of ABR shares to a cash account so shorts can't borrow. Good luck everyone.
1 replies
ns4 Sep 24, 7:58 PM
$ABR tomorrow this have a $3.xx handle on it She dead.
1 replies
ns4 Sep 24, 7:40 PM
$ABR down another -13% since this
0 replies