Arbor Realty Trust Inc. (NYSE:ABR) shares traded lower over the last trading session, losing -1.23% on 06/02/21. The shares fell to a low of $18.37 before closing at $18.40. Intraday shares traded counted 1.74 million, which was -20.87% lower than its 30-day average trading volume of 1.44M. ABR’s previous close was $18.63 while the outstanding shares total 125.23M. The firm has a beta of 1.90, a 12-month trailing P/E ratio of 8.65, and a growth ratio of 1.08. The stock’s Relative Strength Index (RSI) is 61.51, with weekly volatility at 2.17% and ATR at 0.45. The ABR stock’s 52-week price range has touched low of $7.40 and a $18.67 high.
Investors have identified the REIT – Mortgage company Arbor Realty Trust Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $2.44 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Arbor Realty Trust Inc. (ABR) Fundamentals that are to be considered.
ABR were able to record 491.09 million as free cash flow during the 07/30/2021 quarter of the year, this saw their quarterly net cash flow reduce by -4.73 million. In cash movements, the company had a total of 491.09 million as operating cash flow.
Potential earnings growth for Arbor Realty Trust Inc. (ABR)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 07/30/2021 quarter of the year, Arbor Realty Trust Inc. recorded a total of 169.94 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 46.55% coming in sequential stages and their sales for the 07/30/2021 quarter reducing by -20.31%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 76.2 million trying to sell their products during the last quarter, with the result yielding a gross income of 93.74 million. This allows shareholders to hold on to 125.23M with the recently reported earning now reading 0.55 cents per share. This is a figure that compared to analyst’s prediction for their 07/30/2021 (0.50 cents a share).
Having a look at the company’s valuation, the company is expected to record 1.50 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on ABR sounds very interesting.
Is the stock of ABR attractive?
In related news, Director, Green William C bought 3,590 shares of the company’s stock in a transaction that recorded on Mar 18. The purchase was performed at an average price of 16.60, for a total value of 59,604. As the purchase deal closes, the Director, Green William C now bought 9,099 shares of the company’s stock, valued at 117,838. Also, Director, Green William C sold 9,099 shares of the company’s stock in a deal that was recorded on Nov 05. The shares were cost at an average price of 12.93 per share, with a total market value of 117,695. In the last 6 months, insiders have changed their ownership in shares of company stock by 2.20%.
2 out of 4 analysts covering the stock have rated it a Buy, while 1 have maintained a Hold recommendation on Arbor Realty Trust Inc.. 0 analysts has assigned a Sell rating on the ABR stock. The 12-month mean consensus price target for the company’s shares has been set at $18.50.