|Bid||10.25 x 0|
|Ask||10.61 x 0|
|Day's Range||10.18 - 11.00|
|52 Week Range||10.18 - 16.85|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 04, 2023 - May 08, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
In the latest trading session, Arbor Realty Trust (ABR) closed at $11.91, marking a +0.76% move from the previous day.
Arbor Realty Trust (ABR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
UNIONDALE, N.Y., March 17, 2023 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (NYSE: ABR), today announced that its Board of Directors has approved a share repurchase program authorizing the Company to repurchase up to $50 million of its outstanding common stock. At management's discretion, the shares may be acquired from time to time in the open market, through privately negotiated transactions or otherwise in compliance with Rule 10b-18 and Rule 10b5-1 under the Securities Exchange Act of 1934.