Arbor Realty takes back more assets as loan mods slow, delinquencies persist [Yahoo! Finance]
Arbor Realty Trust (ABR)
Last arbor realty trust earnings: 2/14 08:15 am
Check Earnings Report
US:NYSE Investor Relations:
ir.arbor.com/investor-relations
Company Research
Source: Yahoo! Finance
The net result for the REIT, a top bridge lender to multifamily syndicators, was to shave about $45 million off the $1 billion in delinquencies it reported in the previous quarter. By taking properties from troubled borrowers and modifying the loans of others, it wiped out nearly $300 million of the delinquencies it began the third quarter with — “strong progress,” in the words of CEO Ivan Kaufman. But as Arbor bailed out its boat, nearly as much water flowed in. It reported $225 million in new delinquencies for the three months ending Sept. 30. On a Friday morning earnings call, Kaufman said Arbor had expected a “ tough ” third quarter and projects “additional delinquencies” to come. Still, the CEO said it could achieve “a continued decline in our total delinquencies.” Late payments have become an albatross for Arbor as multifamily borrowers who tapped the lender's short-term, floating-rate product have struggled to keep up with surging debt service. One line of attack for
Show less
Read more
Impact Snapshot
Event Time:
ABR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ABR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ABR alerts
High impacting Arbor Realty Trust news events
Weekly update
A roundup of the hottest topics
ABR
News
- Is Arbor Realty Trust, Inc. (ABR) Among The Top Dividend Contenders Right Now? [Yahoo! Finance]Yahoo! Finance
- Arbor Realty: Don't Buy Now [Seeking Alpha]Seeking Alpha
- Arbor Realty Trust Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS In Line [Yahoo! Finance]Yahoo! Finance
- Arbor Realty Trust (ABR) Reports Q3 Earnings: What Key Metrics Have to Say [Yahoo! Finance]Yahoo! Finance
- Arbor Realty Trust stock rises after Q3 earnings rise slightly past consensus [Seeking Alpha]Seeking Alpha
ABR
Earnings
- 11/1/24 - Beat
ABR
Sec Filings
- 11/8/24 - Form 4
- 11/1/24 - Form 10-Q
- 11/1/24 - Form 8-K
- ABR's page on the SEC website