5 Value Stocks with High Dividend Yields

4. Arbor Realty Trust, Inc. (NYSE:ABR)

Dividend Yield as of May 11: 9.12%

P/E Ratio as of May 11: 8.33

Number of Hedge Fund Holders: 13

Arbor Realty Trust, Inc. (NYSE:ABR), a New York-based real estate investment trust, offers a dividend yield of 9.12%, with a price to earnings ratio of 8.33, which merits its inclusion in our list of high yielding value stocks. Arbor Realty Trust, Inc. (NYSE:ABR) has a portfolio of assets in the American multi-family, single-family rental, and commercial real estate markets. 

On May 6, Arbor Realty Trust, Inc. (NYSE:ABR) posted its Q1 results, announcing earnings per share of $0.55, beating market estimates by $0.10. The first quarter revenue climbed 71.85% on a year-over-year basis to $84.14 million, topping analysts’ predictions by $17,200. 

Arbor Realty Trust, Inc. (NYSE:ABR) declared on May 6 a $0.38 per share quarterly dividend, a 2.7% increase from its last dividend of $0.37. The dividend is payable on May 31, to shareholders of record on May 20.

Piper Sandler analyst Crispin Love initiated coverage of Arbor Realty Trust, Inc. (NYSE:ABR) on April 25 with an Overweight rating and a $20 price target. The analyst likes the company’s “diversified” revenue model, industry tailwinds in the multifamily bridge space, and “attractive valuation using a sum of the parts analysis”. He sees the recent share weakness amid macro volatility as a buying opportunity for investors.

According to the fourth quarter database of Insider Monkey, Arbor Realty Trust, Inc. (NYSE:ABR) was found in the public stock portfolios of 13 hedge funds, with combined stakes amounting to $99.3 million. Billionaire Leon Cooperman’s Omega Advisors is a significant stakeholder of the company, with 2.3 million shares worth close to $43 million.