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. The company operates in two segments, Structured Business and Agency Business. It primarily invests in real estate-related 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. The company offers bridge financing products to borrowers who seek short-term capital to be used in an acquisition of property; financing by making preferred equity investments in entities that directly or indirectly own real property; 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; junior participation financing in the form of a junior participating interest in the senior debt; and financing products to borrowers who are looking to acquire conventional, workforce, and affordable single-family housing. In addition, it underwrites, originates, sells, and services multifamily mortgage loans through conduit/commercial mortgage-backed securities programs. 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. The company was incorporated in 2003 and is headquartered in Uniondale, New York.
IPO Year: 2004
Exchange: NYSE
Website: arbor.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
2/24/2025 | Outperform → Mkt Perform | Raymond James | |
4/11/2024 | $17.00 → $13.00 | Outperform → Neutral | Wedbush |
7/31/2023 | $16.00 | Overweight → Underweight | Piper Sandler |
7/24/2023 | $11.50 → $13.50 | Neutral → Underweight | JP Morgan |
6/2/2023 | $15.00 | Outperform | Wedbush |
4/24/2023 | $15.00 → $11.00 | Overweight → Neutral | JP Morgan |
4/25/2022 | $20.00 | Overweight | Piper Sandler |
12/10/2021 | $22.00 → $23.00 | Market Outperform | JMP Securities |
11/8/2021 | $21.00 → $24.00 | Outperform | Raymond James |
11/1/2021 | $20.00 → $22.00 | Market Outperform | JMP Securities |
Raymond James downgraded Arbor Realty Trust from Outperform to Mkt Perform
Wedbush downgraded Arbor Realty Trust from Outperform to Neutral and set a new price target of $13.00 from $17.00 previously
Piper Sandler downgraded Arbor Realty Trust from Overweight to Underweight and set a new price target of $16.00
JP Morgan downgraded Arbor Realty Trust from Neutral to Underweight and set a new price target of $13.50 from $11.50 previously
Wedbush initiated coverage of Arbor Realty Trust with a rating of Outperform and set a new price target of $15.00
JP Morgan downgraded Arbor Realty Trust from Overweight to Neutral and set a new price target of $11.00 from $15.00 previously
Piper Sandler initiated coverage of Arbor Realty Trust with a rating of Overweight and set a new price target of $20.00
JMP Securities reiterated coverage of Arbor Realty Trust with a rating of Market Outperform and set a new price target of $23.00 from $22.00 previously
Raymond James reiterated coverage of Arbor Realty Trust with a rating of Outperform and set a new price target of $24.00 from $21.00 previously
JMP Securities reiterated coverage of Arbor Realty Trust with a rating of Market Outperform and set a new price target of $22.00 from $20.00 previously