Why Arbor Realty Trust Stock Is Falling: Dividend Cut, Weak Q1 Earnings Put ABR Loan Book in Focus
Shares of Arbor Realty Trust slid roughly 11% Friday, with the commercial mortgage REIT trimming its quarterly common dividend and posting first-quarter results that offered scant cushion for its credit cleanup efforts. The stock last traded at $7.29, after hitting a session low of $7.02.