Raymond James analyst Stephen Laws reiterated a Buy rating on Arbor Realty (NYSE:ABR) Trust on Monday, setting a price target of $17.5, which is approximately 8.23% above the present share price of $16.17.
Laws expects Arbor Realty Trust to post earnings per share (EPS) of $0.72 for the first quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Arbor Realty, with an average price target of $16.5.
The analysts price targets range from a high of $17.5 to a low of $15.5.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $118.88 million and a net profit of $0. The company's market cap is $2 billion.
According to TipRanks.com, Raymond James analyst Stephen Laws is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 14.7% and a 69.90% success rate.
Arbor Realty Trust, Inc. operates as 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. The Structured Business segment offers structured loan origination and investment services. The Agency Business segment involves in agency loan origination and servicing. The company was founded in June 2003 and is headquartered in Uniondale, NY.