XLF - Arbor Realty: Don't Overthink Its Juicy Dividends
2024-06-12 11:58:52 ET
Summary
- Arbor Realty Trust, Inc. stock has outperformed the S&P 500 recently, justifying my bullish stance.
- Increased attacks by short-seller Viceroy Research hasn't wreaked havoc on ABR stock.
- Financial investors are already cautiously positioned as they await the Fed's interest rate decision.
- ABR has delivered well in the first quarter, demonstrating robust execution.
- I argue why ABR's almost 13% dividend yield has reflected significant pessimism. Don't be paralyzed by undue fears.
Arbor Realty Stock Outperformed Recently. Surprised?
Investors in multifamily mREIT Arbor Realty Trust, Inc. ( ABR ) are likely anxiously awaiting the upcoming FOMC rate decision on the afternoon of June 12. Fed Chair Jerome Powell will host the press conference and communicate the Fed's highly anticipated summary of economic projections, also known as the dot plot. Investors want to know the Fed's updated assessment of how close we are to the Fed's potential first-rate cut. Despite that, I upgraded my rating on ABR in my previous article in March 2024. I assessed ABR's bullish bias, which has remained resilient, supported by a relatively attractive valuation. ABR has outperformed the S&P 500 ( SP500 ) on a total return basis since my update, justifying my optimism....
Arbor Realty: Don't Overthink Its Juicy Dividends