trioceanWritten by Sam Kovacs Introduction On January 9th I wrote a report titled "The Slaughter of Office REITs is just beginning". I followed up on January 12th with "5 Lessons Office REIT Investors can learn from malls". Both of these articles sought to warn of the dangers of Commercial Real Estate, and offices in particular. While many readers told me this was "yesterday's news", my point was that in 2024 it was getting real. On January 11th, Office Properties Income Trust (OPI) cut its dividend by ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K þ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-32136 Arbor Realty Trust, Inc. (Exact name of registrant as specified in its charter) Maryland 20-0057959 (State or other jurisdiction of incorporation or organization) (I.R.S. ...

pastorscott/E+ via Getty Images Arbor Realty's (NYSE:ABR) dual beats on its fiscal 2023 fourth-quarter earnings surprised the market to the upside. They reignited an almost predictable seesaw volatility that has come to define the trading of the common shares of the multifamily lender over the last 1 year. This seesaw volatility reflects an abnormal short interest of 63,900,000 shares, almost 30% of ABR's diluted weighted average shares outstanding. Despite its strong historical earnings outperformance, ...

Rewind a few weeks ago and the general consensus was much more optimistic regarding potential rate Cuts in March. then the Federal Reserve all but shut down that notion after unanimously voting to leave rates on changed at their early February meeting. This is leading to ever-changing interest rate expectations. The Federal Reserve will need greater confidence that it Is moving inflation Sustainably toward its 2% goal before cutting rates. It currently has little pressure to do so given the relatively stron ...

REITs概述 - REITs是一种实际拥有商业和住宅房地产的实用方式，许多REITs支付的股息是各类资产中最好的之一[2] - REITs可能仍处于多年来最大幅度折扣的状态，尽管选择至关重要，但顶级公司将生存并提供巨大的总回报潜力[3] 公司介绍 - Arbor Realty Trust是一家投资于美国多种结构化金融资产的公司，交易倍数低，股息高，主要投资于桥梁和次级贷款、房地产相关票据等[6][8] - Ellington Financial是一家质量高的抵押贷款REIT公司，主要从事住房抵押支持证券、商业抵押支持证券等[10][11] - KKR Real Estate Finance Trust是一家主要专注于商业房地产资产的过渡期高级贷款的公司，由经验丰富的华尔街巨头运营，股息高[13][14] - Omega Healthcare Investors是一家主要投资于长期护理行业的REIT公司，资产主要集中在熟练护理设施，股息稳定增长[16][18] - Starwood Property Trust是一家由房地产传奇人物Barry Sternlicht运营的高收益公司，提供巨大的总回报潜力和高股息，主要在美国、欧洲和澳大利亚运营[20][21]

These Are The Best Dividend Stocks, According to Wall Street relif / Getty Images There is a maxim on Wall Street that essentially says, “20% of investors who want to make money are in stocks, while the 80% who want to keep their money are in bonds.” This was a broad, wide-brush description that attempted to summarize why the fixed-income market is so much larger than the equities market.However, diversification is a fundamental principle that many investment advisors stress as a risk mitigation strategy. ...

5 Stocks With Double-Digit Yields To Buy Before It's Too Late relif / Getty Images Since 1926, dividends have contributed approximately 32% of the total return for the S&P 500, while capital appreciations have contributed 68%. Therefore, sustainable dividend income and capital appreciation potential are essential for total return expectations.A recent study from the Hartford Funds, in collaboration with Ned Davis Research, found that dividend stocks delivered an annualized return of 9.18% over the past ha ...

Arbor Realty Trust (ABR) reported $331.06 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 3.3%. EPS of $0.51 for the same period compares to $0.60 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $320.6 million, representing a surprise of +3.26%. The company delivered an EPS surprise of +6.25%, with the consensus EPS estimate being $0.48.While investors closely watch year-over-year changes in headline numbers -- revenue and earning ...

Arbor Realty Trust (ABR) came out with quarterly earnings of $0.51 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.60 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.25%. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.48 per share when it actually produced earnings of $0.55, delivering a surprise of 14.58%.Over the last four ...

业绩总结 - 2023年，Arbor Realty Trust的股东总回报率为28%，超过同行业水平[10] - 2023年，Arbor Realty Trust的GAAP盈利超过了股息，分配盈利也远远超过了股息，为行业内最佳的股息覆盖率[12] - Arbor Realty Trust在第四季度实现了每股可分配收益为0.54美元，这一结果远远超过了目前的股息，代表了约80%的股息比率[24] - 公司在过去3年中，股价从每股10美元增长到近13美元，书值增长约30%[48] 用户数据 - Arbor Realty Trust通过资本轻量化的Agency Business成功地从资产负债表中再融资了30亿美元的多户家庭贷款，并且重新获得了56%的新代理产品[13] - Arbor Realty Trust的Agency Business在2023年产生了超过40%的净收入，这在公司的估值中并没有得到充分体现[14] - 公司的基础投资组合的整体收益率在12月31日为8.98%，略低于上一季度的9.12%[52] 未来展望 - Arbor Realty Trust预计未来两个季度将会更具挑战性，因为目前正处于高压力时期，预计逾期贷款将会上升[15] - 公司预计未来几个季度的环境将更加具有挑战性，因此可能需要增加准备金[119] - 公司预计未来几个季度的利率和压力将继续保持在较高水平[152] 新产品和新技术研发 - 公司对mezzanine和pref业务充满信心，认为这是一个增长的业务部分，并已相应地进行预算[131] - 公司在Fannie Mae DUS项目中有213亿美元的服务业务，其中80%的贷款在Fannie Mae DUS项目中，风险共享[139] 市场扩张和并购 - 公司相信在适当的估值和运营商条件下，纽约多户家庭租金管制领域将出现贷款机会[90] - 公司在Meridian经纪公司可能存在潜在欺诈的报道中没有披露与Meridian的具体暴露和可能的影响[143] 负面信息 - 公司在纽约多户家庭租金管制领域的风险暴露较小[90] - 公司对纽约多户家庭租金管制领域持谨慎态度[90] - 公司对CLO的贷款买断情况进行了说明，但具体数字需要参考文件[108] 其他新策略和有价值的信息 - 公司在第四季度没有像第三季度那样使用ATM，显示对流动性和资本的信心[127] - 公司在利率下降时非常机会主义地将贷款从资产负债表转移至机构，并通过这种方式回收资本[129]