NYSE$ABR

Arbor Realty Trust Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Reported net income of $58.2 million and distributable earnings of $0.43 per diluted common share.

Arbor Realty Trust reported a net income of $58.2 million, or $0.31 per diluted common share, and distributable earnings of $0.43 per diluted common share for Q3 2024. The company successfully delevered by 25% from its peak debt to equity ratio in 2023, and declared a cash dividend of $0.43 per share.

  • GAAP net income of $0.31 and distributable earnings of $0.43 per diluted common share.
  • Declared cash dividend on common stock of $0.43 per share.
  • Successfully delevered the Company 25% from a peak debt to equity ratio of 4:1 in 2023, to 3:1 at 3Q24.
  • Agency loan originations of $1.10 billion; a servicing portfolio of ~$33.01 billion, up 2% from 2Q24 and 10% from a year ago.

Headline financials

Total Revenue

$355M

Previous: $408M-12.9%
EPS (adj)

$0.43

Previous: $0.41+4.9%
Capital Expenditures

-$2.53M

Previous: $0.00
Free Cash Flow

$71M

Previous: $95.1M-25.3%
Net Income

$73.5M

Previous: $95.1M-22.6%
Operating Income

$247M

Previous: $301M-18.0%
Gross Profit

$325M

Previous: $377M-13.7%
Cash & Equivalents

$688M

Previous: $895M-23.2%
Total Assets

$13.9B

Previous: $15.9B-12.7%
Stock-Based Comp

$2.98M

Previous: $3.05M-2.3%

Revenue & EPS history

Arbor Realty · Revenue · Quarterly

$355M

Q3 2024-12.9%vs Q3 2023
Beat estimate in 11 of 14 quarters(79%)
ActualEstimate

Revenue by segment

Arbor Realty · $80.8M total across 1 segment · Q3 2023

  • Agency Business
    $80.8M+87.5%

Forward guidance

The Company expects that the net proceeds of this offering will be used to pay down debt and for general corporate purposes.

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

+1.9%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+1.6%

Avg return

30 days after

71%

46 / 65 earnings

Positive

+14.7%

Q3 2010

Best reaction

-15.2%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-11.8%-28.2%
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 2011+14.7%
Q3 2010+14.7%
Q2 2011-11.5%
Q4 2010-11.5%
Q2 2010-11.5%
Q1 2010+6.5%

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