Citizens JMP Reiterates Market Outperform Rating on Arbor Realty Trust (ABR)

Citizens JMP analyst Steven DeLaney reiterated a Market Outperform rating and $15.00 price target on Arbor Realty Trust (NYSE: ABR).

The analyst commented, “Arbor continues its heavy focus on bridge loan asset management, while it does not appear that Agency multifamily lending will benefit much in the way of lower interest rates. That said, we believe nonperforming loans appear manageable given the strength of Arbor’s balance sheet and the company does expect modest capital deployment in 2025. Our $15 price target is derived from a required yield of 8.8% based on projected 2025 total dividends of $1.32. We are not using a sum-of-the-parts approach at this time given that our new Distributable EPS estimate for 2025 is only slightly above the current dividend. If our price target and dividend projections are achieved, investors could realize a potential total return of ~33%, including a current cash yield of 10.7%.”

For an analyst ratings summary and ratings history on Arbor Realty Trust click here. For more ratings news on Arbor Realty Trust click here.

Shares of Arbor Realty Trust closed at $12.28 yesterday.

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