Core Viewpoint - Arbor Realty Trust (ABR) reported a significant decline in revenue and earnings per share (EPS) for the quarter ended December 2024, indicating challenges in financial performance compared to the previous year [1]. Financial Performance Summary - Revenue for the quarter was $262.87 million, down 20.6% year-over-year, but exceeded the Zacks Consensus Estimate of $259.68 million by 1.23% [1][4]. - EPS was reported at $0.40, a decrease from $0.51 in the same quarter last year, and fell short of the consensus estimate of $0.42 by 4.76% [1][4]. - Interest income was $262.87 million, slightly above the average estimate of $260.98 million, reflecting a year-over-year decline of 20.6% [4]. - Other revenue from gain on sales was $22.18 million, surpassing the average estimate of $18.43 million, with a year-over-year increase of 32.6% [4]. - Mortgage servicing rights revenue was $13.34 million, below the average estimate of $14.87 million, showing a year-over-year decline of 36.9% [4]. - Total other revenue was $68.84 million, slightly above the average estimate of $68.20 million [4]. - Net interest income was reported at $82.87 million, exceeding the average estimate of $79.69 million [4]. - Other income was $1.13 million, significantly lower than the average estimate of $2.18 million, representing a year-over-year decline of 56.1% [4]. - The diluted net EPS was $0.32, slightly above the average estimate of $0.30 [4]. Market Performance - Arbor Realty Trust shares returned +4% over the past month, outperforming the Zacks S&P 500 composite's +2.2% change [3]. - The stock currently holds a Zacks Rank 1 (Strong Buy), suggesting potential for outperformance in the near term [3].

Arbor Realty Trust (ABR) came out with quarterly earnings of $0.40 per share, missing the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.51 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -4.76%. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.42 per share when it actually produced earnings of $0.43, delivering a surprise of 2.38%.Over the last four ...

Financial Performance - Arbor Realty Trust reported Q4 2024 net income of $59.8 million, or $0.32 per diluted common share, down from $91.7 million, or $0.48 per diluted common share in Q4 2023[3]. - Full year net income for 2024 was $223.3 million, or $1.18 per diluted common share, compared to $330.1 million, or $1.75 per diluted common share in 2023[3]. - Distributable earnings for Q4 2024 were $81.6 million, or $0.40 per diluted common share, compared to $104.1 million, or $0.51 per diluted common share in Q4 2023[3]. - Interest income for Q4 2024 was $262.87 million, down from $331.06 million in Q4 2023, while net income attributable to common stockholders was $59.83 million, compared to $91.66 million in the prior year[26]. - The Company reported a net interest income of $82.87 million for Q4 2024, compared to $103.58 million in Q4 2023[26]. - Net income attributable to common stockholders for Q4 2024 was $59.826 million, a decrease of 34.8% compared to $91.659 million in Q4 2023[35]. - Distributable earnings for Q4 2024 were $81.602 million, down from $104.104 million in Q4 2023, with diluted distributable earnings per share at $0.40[35]. Loan and Investment Portfolio - The agency loan originations for Q4 2024 totaled $1.38 billion, with a servicing portfolio of approximately $33.47 billion[4]. - The structured loan originations for Q4 2024 were $684.3 million, with a runoff of $900.6 million[4]. - The average balance of the loan and investment portfolio during Q4 2024 was $11.46 billion, with a weighted average yield of 8.52%[10][11]. - At December 31, 2024, the company had 26 non-performing loans with a UPB of $651.8 million[12]. - Total assets as of December 31, 2024, amounted to $13.491 billion, with loans and investments net totaling $11.034 billion[33]. Debt and Financing - The company successfully reduced its debt-to-equity ratio from 4:1 in 2023 to 2.8:1 by December 31, 2024[4]. - The balance of debt financing the Company's loan and investment portfolio as of December 31, 2024, was $9.54 billion, with a weighted average interest rate of 6.88%, down from $9.97 billion and 7.18% on September 30, 2024[15]. - The average balance of debt for Q4 2024 was $9.67 billion, compared to $10.09 billion in Q3 2024, with a decrease in average cost of borrowings from 7.58% to 7.10%[16]. - The Company issued $100 million of 9.00% senior unsecured notes due October 2027, with net proceeds used to pay down debt and for general corporate purposes[17]. - Total liabilities were $10.34 billion as of December 31, 2024, down from $12.48 billion in 2023[29]. - Total liabilities as of December 31, 2024, were $10.339 billion, with debt obligations comprising $9.924 billion[33]. Provisions and Losses - The company recorded a $3.4 million provision for loan losses in Q4 2024, with a total allowance for loan losses of $239.0 million[12]. - The Company experienced a decrease in provision for credit losses, reporting $68.54 million for the year ended December 31, 2024, compared to $73.45 million in 2023[26]. - The provision for credit losses (net of recoveries) was $3.641 million for Q4 2024[31]. - The company experienced a loss from equity affiliates of $1.616 million in Q4 2024[31]. Dividends - Arbor Realty Trust declared a cash dividend of $0.43 per share[4]. - A quarterly cash dividend of $0.43 per share was declared for the quarter ended December 31, 2024, payable on March 21, 2025[18]. - The company declared a dividend of $0.43 per share for Q4 2024[34].

Financial Performance - Arbor Realty Trust reported a net income of $59.8 million, or $0.32 per diluted common share for Q4 2024, down from $91.7 million, or $0.48 per diluted common share in Q4 2023 [2][28] - For the full year 2024, net income was $223.3 million, or $1.18 per diluted common share, compared to $330.1 million, or $1.75 per diluted common share in 2023 [2][28] - Distributable earnings for Q4 2024 were $81.6 million, or $0.40 per diluted common share, compared to $104.1 million, or $0.51 per diluted common share in Q4 2023 [2][39] - Full year distributable earnings were $358.0 million, or $1.74 per diluted common share, down from $452.5 million, or $2.25 per diluted common share in 2023 [2][39] Agency Business - Total agency loan originations for Q4 2024 were $1.38 billion, with a servicing portfolio of approximately $33.47 billion [5][6] - Agency business generated revenues of $78.7 million in Q4 2024, slightly up from $77.4 million in Q3 2024 [3] - Gain on sales in the agency business was $22.2 million for Q4 2024, reflecting a margin of 1.75%, compared to $18.6 million and 1.67% in Q3 2024 [3] Structured Business - Structured loan originations totaled $684.3 million in Q4 2024, with a runoff of $900.6 million [5][9] - The structured portfolio's unpaid principal balance (UPB) was $11.30 billion at December 31, 2024, with a weighted average current interest pay rate of 6.90% [10][11] - The average balance of the structured loan and investment portfolio during Q4 2024 was $11.46 billion, with a weighted average yield of 8.52% [11] Financing and Debt Management - The balance of debt financing the loan and investment portfolio was $9.54 billion at December 31, 2024, with a weighted average interest rate of 6.88% [16] - The average cost of borrowings for Q4 2024 was 7.10%, down from 7.58% in Q3 2024 [17] - The company issued $100.0 million of 9.00% senior unsecured notes due October 2027, with proceeds used to pay down debt [18] Dividend Declaration - The Board of Directors declared a quarterly cash dividend of $0.43 per share for the quarter ended December 31, 2024, payable on March 21, 2025 [19]

Arbor Realty Trust (ABR) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this real estate investment trust have returned -0.3%, compared to the Zacks S&P 500 composite's +4.7% change. During this period, the Zacks REIT and Equity Trust industry, which Arbor Realty Trust falls in, has gained 9%. The key question now is: What could be the stock's future dir ...

UNIONDALE, N.Y., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (NYSE: ABR), today announced that it is scheduled to release fourth quarter 2024 financial results before the market opens on Friday, February 21, 2025. The Company will host a conference call to review the results at 10:00 a.m. Eastern Time on February 21, 2025. A live webcast and replay of the conference call will be available at www.arbor.com in the investor relations section of the Company’s website. Those without web access sho ...

Group 1 - Arbor Realty Trust (ABR) closed at $13.73, reflecting a +1.7% change from the previous day, outperforming the S&P 500's daily gain of 0.72% [1] - Over the past month, Arbor Realty Trust shares experienced a loss of 1.89%, underperforming compared to the Finance sector's gain of 3.24% and the S&P 500's gain of 1.02% [1] Group 2 - The upcoming earnings release is anticipated, with a forecasted EPS of $0.41, representing a 19.61% decrease from the same quarter last year [2] - Revenue is expected to be $260.98 million, indicating a 21.17% decline from the corresponding quarter of the previous year [2] Group 3 - Recent changes in analyst estimates for Arbor Realty Trust reflect shifting short-term business dynamics, with positive revisions indicating analysts' confidence in the company's performance [3] - The Zacks Rank system, which incorporates estimate changes, suggests a viable rating system for assessing stock performance [4] Group 4 - The Zacks Rank system ranges from 1 (Strong Buy) to 5 (Strong Sell), with Arbor Realty Trust currently holding a Zacks Rank of 4 (Sell) [5] - The Zacks Consensus EPS estimate has decreased by 0.16% in the past month [5] Group 5 - Arbor Realty Trust is trading at a Forward P/E ratio of 8.28, slightly below the industry average of 8.29, indicating a discount relative to its peers [6] - The REIT and Equity Trust industry is part of the Finance sector, currently holding a Zacks Industry Rank of 140, placing it in the bottom 45% of over 250 industries [6] Group 6 - The Zacks Industry Rank is based on the average Zacks Rank of individual companies, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]

Investment Group Overview - The investing group iREIT®+HOYA Capital is led by Brad and HOYA Capital, covering REITs, BDCs, MLPs, Preferreds, and other income-oriented alternatives [1] - The team of analysts has a combined 100+ years of experience, including a former hedge fund manager, due diligence officer, portfolio manager, PhD, military veteran, and advisor to a former U S President [1] Brad Thomas' Background - Brad Thomas has over 30 years of real estate investing experience and has acquired, developed, or brokered over $1B in commercial real estate transactions [2] - He has been featured in Barron's, Bloomberg, Fox Business, and other media outlets, and is the author of four books, including "REITs For Dummies" [2] Disclosure and Author's Note - The author holds a beneficial long position in shares of ABR, NLCP, and IRET through stock ownership, options, or other derivatives [3] - The article is written and distributed to assist in research and provide a forum for second-level thinking, with no compensation received other than from Seeking Alpha [4]

Company Performance - Arbor Realty Trust (ABR) closed at $13.16, reflecting a +1.39% increase compared to the previous day, outperforming the S&P 500's gain of 0.16% [1] - Over the last month, Arbor Realty Trust's shares have decreased by 10.17%, underperforming the Finance sector's loss of 5.04% and the S&P 500's loss of 2.2% [1] Earnings Forecast - The upcoming earnings release for Arbor Realty Trust is anticipated to show an EPS of $0.41, representing a 19.61% decline compared to the same quarter last year [2] - Revenue is expected to be $260.98 million, indicating a 21.17% decrease from the same quarter last year [2] Analyst Estimates - Recent changes to analyst estimates for Arbor Realty Trust reflect shifting short-term business dynamics, with upward revisions indicating analysts' positive outlook on the company's operations and profit generation [3] Zacks Rank and Valuation - Arbor Realty Trust currently holds a Zacks Rank of 3 (Hold), with a Forward P/E ratio of 7.95, which is a premium compared to the industry's average Forward P/E of 7.8 [5] - The Zacks Consensus EPS estimate has remained stagnant over the past month [5] Industry Overview - The REIT and Equity Trust industry is part of the Finance sector and currently holds a Zacks Industry Rank of 51, placing it in the top 21% of over 250 industries [6] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]

Stock Performance - Arbor Realty Trust closed at $13 70, up 0 29% from the previous session, outperforming the S&P 500's loss of 1 07%, the Dow's drop of 0 97%, and the Nasdaq's decrease of 1 19% [1] - Shares of the company lost 6 88% over the previous month, underperforming the Finance sector's loss of 4 94% and the S&P 500's loss of 0 36% [7] Financial Estimates - Full-year earnings are projected at $1 78 per share, a 20 89% decline from the prior year, while revenue is estimated at $1 17 billion, down 12 41% [2] - The upcoming quarter is expected to report an EPS of $0 41, a 19 61% decrease, and revenue of $260 98 million, a 21 17% decline compared to the same quarter last year [4] Valuation and Industry Ranking - Arbor Realty Trust has a Forward P/E ratio of 7 7, below the industry average of 8 93 [3] - The REIT and Equity Trust industry ranks 130 out of over 250 industries, placing it in the bottom 49% [6] Analyst Revisions and Zacks Rank - Analyst estimate revisions reflect short-term business trends and can influence stock price performance [5][8] - The Zacks Industry Rank shows that top 50% rated industries outperform the bottom half by a factor of 2 to 1 [9] - Arbor Realty Trust currently holds a Zacks Rank of 3 (Hold), with the consensus EPS projection remaining unchanged over the past 30 days [10]