News coverage about Arbor Realty Trust (NYSE:ABR) has been trending somewhat negative this week, according to Alpha One. The research firm, a service of Accern, identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Arbor Realty Trust earned a media sentiment score of -0.10 on Alpha One’s scale. Alpha One also assigned media coverage about the real estate investment trust an impact score of 90 out of 100, indicating that recent press coverage is very likely to have an effect on the stock’s share price in the next few days.
These are some of the headlines that may have effected Alpha One Sentiment’s scoring:
Arbor Realty Trust (NYSE:ABR) opened at 8.24 on Friday. The stock has a 50 day moving average price of $8.50 and a 200-day moving average price of $7.73. Arbor Realty Trust has a 52 week low of $6.62 and a 52 week high of $8.99. The stock has a market cap of $423.54 million, a P/E ratio of 9.93 and a beta of 0.58.
Arbor Realty Trust (NYSE:ABR) last issued its quarterly earnings results on Friday, May 5th. The real estate investment trust reported $0.30 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.19 by $0.11. The business had revenue of $33.53 million for the quarter. Arbor Realty Trust had a net margin of 31.49% and a return on equity of 6.76%. On average, equities analysts anticipate that Arbor Realty Trust will post $0.89 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 31st. Stockholders of record on Wednesday, May 17th will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 8.74%. The ex-dividend date is Monday, May 15th. This is a boost from Arbor Realty Trust’s previous quarterly dividend of $0.17. Arbor Realty Trust’s dividend payout ratio (DPR) is currently 120.75%.
Separately, JMP Securities boosted their target price on Arbor Realty Trust from $8.00 to $9.00 and gave the stock an “outperform” rating in a research note on Monday, March 6th.
About Arbor Realty Trust
Arbor Realty Trust, Inc is a real estate investment trust. The Company invests in a portfolio of structured finance assets in the multifamily and commercial real estate markets, primarily consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity.