Arbor Realty Trust ABR

$3.02 +0.07 (2.37%)

Valuation

Market cap
550,346,000
Revenue TTM
$1,212,230,000
Net income TTM
$148,800,000
PE ratio
4.50
Forward PE
15.16
Profit margin
12.27%
Debt to equity
1.82

Trading

Volume
8,439,500
Avg volume
6,533,900
Day's range
$2.94 – $3.07
Shares out
186,558,000
Stochastic %K
91%
Beta
1.22
Analysts
Hold
Price target
$5.00

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

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Stocktwits

MidnightMadness Oct 29, 10:12 PM
$ABR Top Info investors need: (1) Non performing Assets and loan delinquency – how are they doing vs timeline reported last earnings (2) Loan Loss Reserves CECL…losses have run 20-30MM/qtr while booking higher reserves $ 36MM. (3) Net Interest Spread & Margin – this has compressed to 0.57%...bridge loan competition is fierce…so could get more erosion (4) As a bright spot - Agency business has grown 30% YOY from first qtr but gain on sale margins dropped…mix shifted to larger/lower-margin loans…so need more volume (5) Singe Family lending has been HUGE…climbing post legislative changes. Sustaining this growth rate is vial to improve the operational pivot from bridge loans. (6) Dividend coverage - perspective on the divy, will they cut? (7) Updated share buy back program, recent share purchases reducing the float, and comments on book value.
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MidnightMadness Oct 29, 9:43 PM
$ABR $RKT ...Rocket reported earnings....were impressive for this challenging market environment and rallying in the after hours. Really excited to see what the ABR Team was able to accomplish over the last quarter.
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Spartyfann Oct 29, 8:46 PM
$ABR I expect some large reserve CECL related losses, but then some stability here in October. Will be looking to snatch up any dip on weakness from the spike in rates that has since dissipated some.
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MidnightMadness Oct 29, 8:20 PM
$ABR Good luck to everyone tomorrow!....Today's bump may have been shorts exiting. I have been adding below 3...but if the cut the divy I am expecting another sell-off. CEO/CFO now need to step up an buy shares.
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GGP_NORDIC_UK Oct 29, 3:21 PM
$ABR Real estate investment trust Arbor Realty Trust (NYSE:ABR) will be reporting results this Friday morning. Here's what you need to know. Arbor Realty Trust beat analysts' revenue expectations last quarter, reporting revenues of $115.9 million, down 11.1% year on year. It was a stunning quarter for the company, with a beat of analysts' EPS estimates and an impressive beat of analysts' net interest income estimates. This quarter, the market is expecting Arbor Realty Trust's revenue to be flat year on year, improving from the 28.2% decrease it recorded in the same quarter last year. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Arbor Realty Trust has missed Wall Street's revenue estimates multiple times over the last two years.
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Columbo Oct 29, 2:38 PM
$ABR I would be surprised if we closed above 3
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MidnightMadness Oct 27, 3:05 PM
$ABR FWIW: I added 1000 shares today. My thinking is shorts ran this too low and even long-time holders have been bailing ship caving into the strong short narrative scaring retail. I loaded my boat with SOFI as shorts were going crazy like the company is going out of business - so I was nicely rewarded today. I believe ABR are going to trim the divy, which will stir up a reaction, but on the flip side I would be surprised if ABR aren't adding shares in a voracious manner at the moment and ready to purchase more! I would expect the board votes in a large update to the share repurchase plan.
2 replies
fullysmokdup Oct 25, 10:59 PM
$ABR rates are focked for atleast next 15 months. Hmmm
0 replies