Arbor Realty Trust Stock: A Comprehensive Look at $5.2B Company

Arbor Realty Trust: A Leading Mortgage REIT

Arbor Realty Trust (NYSE: ABR) is a leading real estate investment trust (REIT) focused on financing multifamily and commercial real estate properties. With a market capitalization of $5.2 billion, Arbor Realty Trust is one of the largest mortgage REITs in the United States.

Key Performance Indicators

In 2021, Arbor Realty Trust reported strong financial performance:

• Total revenue: $875.5 million
• Net income: $212.1 million
• Diluted EPS: $1.35
• Book value per share: $14.43

Core Business Operations

Arbor Realty Trust's core business involves:

• Originating and acquiring mortgages on multifamily and commercial properties
• Servicing these mortgages for borrowers
• Providing mezzanine and bridge loans

Property Portfolio

As of December 31, 2021, Arbor Realty Trust's total investment portfolio consisted of:

• $3.8 billion in multifamily mortgages
• $1.1 billion in commercial mortgages
• $322.8 million in mezzanine and bridge loans

Investment Thesis

Investors are attracted to Arbor Realty Trust because of its:

• Strong track record of profitability
• Portfolio of high-quality real estate assets
• Experienced management team
• Attractive dividend yield (currently around 9%)

Risks

Like all investments, Arbor Realty Trust is not without risks:

• Interest rate risk: Changes in interest rates can impact the value of the company's mortgage portfolio.
• Credit risk: Arbor Realty Trust assumes credit risk when it originates mortgages.
• Competition: The mortgage REIT industry is highly competitive.

Comparable Companies

Arbor Realty Trust competes with other publicly traded mortgage REITs, including:

Analyst Coverage

Arbor Realty Trust is covered by several analysts, including:

• Keefe, Bruyette & Woods: Buy rating, $17 price target
• Citigroup: Neutral rating, $16 price target
• Raymond James: Outperform rating, $18 price target

Conclusion

Arbor Realty Trust is a well-established mortgage REIT with a strong track record of profitability and a portfolio of high-quality real estate assets. The company's attractive dividend yield makes it a compelling investment for income-oriented investors. However, investors should be aware of the risks associated with investing in Arbor Realty Trust, particularly interest rate and credit risk.

Frequently Asked Questions

• What is Arbor Realty Trust's business model?
  • Arbor Realty Trust is a mortgage REIT that originates and acquires mortgages on multifamily and commercial properties.
• What is Arbor Realty Trust's market capitalization?
  • Arbor Realty Trust has a market capitalization of $5.2 billion.
• What is Arbor Realty Trust's dividend yield?
  • Arbor Realty Trust's dividend yield is currently around 9%.
• What are the risks associated with investing in Arbor Realty Trust?
  • The risks associated with investing in Arbor Realty Trust include interest rate risk, credit risk, and competition.

Tables

Table 1: Financial Performance

Table 2: Property Portfolio

Table 3: Comparable Companies

Table 4: Analyst Coverage