In a report released yesterday, Jade Rahmani from KBW reiterated a Hold rating on Arbor Realty Trust (NYSE: ABR), with a price target of $11.25. The company’s shares closed yesterday at $11.74, close to its 52-week high of $11.75.
According to TipRanks.com, Rahmani is a 4-star analyst with an average return of 12.0% and a 70.8% success rate. Rahmani covers the Financial sector, focusing on stocks such as Jones Lang Lasalle Inc, Invitation Homes Inc, and Newmark Group Inc.
Currently, the analyst consensus on Arbor Realty Trust is a Hold with an average price target of $11.25.
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The company has a one-year high of $11.75 and a one-year low of $7.88. Currently, Arbor Realty Trust has an average volume of 1.66M.
Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ABR in relation to earlier this year.
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Arbor Realty Trust, Inc. is a real estate investment trust, which engages in the provision of loan origination and servicing for multifamily, seniors housing, healthcare, and diverse commercial real estate assets. It operates through the Structured Business and Agency Business segments.
