NYSE$ABR

Arbor Realty Trust Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Announced first quarter 2021 results and increased dividend for fourth consecutive quarter to $0.34 per share.

Arbor Realty Trust reported a net income of $69.5 million, or $0.55 per diluted common share, and distributable earnings of $75.1 million, or $0.52 per diluted common share, for the first quarter ended March 31, 2021.

  • Diversified operating platform with a multifamily focus that continues to produce strong distributable earnings and dividends in all cycles
  • GAAP net income of $0.55 and distributable earnings of $0.52 per diluted common share
  • Raised cash dividend on common stock to $0.34 per share, or 13.3% higher than a year ago, representing our fourth consecutive quarterly increase
  • Generated pretax income of $22.5 million from our residential mortgage banking joint venture

Headline financials

Total Revenue

$152M

Previous: $130M+16.7%
EPS (adj)

$0.55

Previous: -$0.54+201.9%
Agency Loan Originations

$1.4B

Previous: $1.08B+29.6%
Structured Loan Originations

$1.09B

Previous: $856M+27.3%
Servicing Portfolio UPB

$25.5B

Previous: $20.2B+26.0%
Capital Expenditures

-$230K

Previous: -$230K+0.0%
Free Cash Flow

$80.9M

Previous: -$68.6M+217.9%
Net Income

$81.1M

Previous: -$68.4M+218.7%
Operating Income

$82.2M

Previous: -$8.43M+1074.8%
Gross Profit

$138M

Previous: $116M+18.9%
Cash & Equivalents

$260M

Previous: $222M+17.0%
Total Assets

$8.13B

Previous: $6.93B+17.2%
Stock-Based Comp

$3.33M

Previous: $3.52M-5.3%

Revenue & EPS history

Arbor Realty · Revenue · Quarterly

$152M

Q1 2021+16.7%vs Q1 2020
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

Arbor Realty · $35.3M total across 1 segment · Q1 2021

  • Agency Business
    $35.3M

Forward guidance

No forward guidance was given in the provided text.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+2.0%

Avg return

Earnings day

+1.0%

Avg return

5 days after

+0.6%

Avg return

30 days after

71%

46 / 65 earnings

Positive

+14.7%

Q3 2011

Best reaction

-15.2%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-11.5%-28.0%-35.7%
Q4 2025+9.5%+21.9%+1.2%
Q3 2025-15.2%-17.1%-22.9%
Q1 2025-3.2%-5.8%-13.5%
Q4 2024-13.3%-11.4%-11.3%
Q3 2024-0.3%+2.0%-0.5%
Q2 2024+0.6%+0.5%+3.0%
Q1 2024+2.6%+3.2%+4.6%
Q4 2023+2.2%-0.3%-1.2%
Q3 2023-2.8%-3.2%-5.2%
Q2 2023+4.7%+0.7%-3.7%
Q1 2023+11.9%+12.1%+23.2%
Q4 2022+2.8%+2.7%-24.8%
Q3 2022+10.0%+7.4%+12.2%
Q2 2022+0.8%-5.9%-7.6%
Q1 2022-3.1%-3.9%-5.2%
Q4 2021+4.1%+3.6%+3.2%
Q3 2021+3.9%-1.8%-9.2%
Q2 2021+0.1%-0.4%+1.2%
Q1 2021+3.1%-5.0%+7.6%
Q4 2020+6.4%+10.4%+8.2%
Q3 2020+9.6%+8.8%+17.6%
Q2 2020+12.2%+11.8%+21.3%
Q1 2020+0.4%-9.4%+40.2%
Q4 2019-1.9%-2.8%-43.7%
Q3 2019+3.7%+8.9%+11.0%
Q2 2019+0.4%+2.4%+2.4%
Q1 2019+1.5%+4.3%-2.9%
Q4 2018+7.3%+7.3%+8.4%
Q3 2018+2.1%+2.0%-0.3%
Q2 2018+1.7%-0.5%+7.7%
Q1 2018+6.9%+7.9%+7.5%
Q4 2017+4.0%+3.0%+5.4%
Q3 2017+3.2%+1.1%+4.8%
Q2 2017+0.5%+1.1%+0.2%
Q1 2017+4.6%+3.9%-1.9%
Q4 2016+3.2%+2.3%+12.9%
Q3 2016-0.1%+3.5%+3.9%
Q2 2016+0.0%-0.1%+6.7%
Q1 2016+3.7%
Q4 2015+6.1%
Q3 2015+7.3%
Q2 2015+1.0%
Q1 2015+2.0%
Q4 2014-1.6%
Q3 2014+6.0%
Q2 2014-1.0%
Q1 2014+2.1%
Q4 2013+2.6%
Q3 2013-0.5%
Q2 2013-0.1%
Q1 2013+0.4%
Q4 2012+6.3%
Q3 2012-2.7%
Q2 2012+3.5%
Q4 2011+3.5%
Q1 2011+10.2%
Q1 2012-0.5%
Q4 2009+4.6%
Q3 2010+14.7%
Q3 2011+14.7%
Q2 2011-11.5%
Q4 2010-11.5%
Q2 2010-11.5%
Q1 2010+6.5%

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