Entering text into the input field will update the search result below

Arbor Realty Trust, Inc. (ABR) CEO Ivan Kaufman on Q1 2020 Results - Earnings Call Transcript

SA Transcripts profile picture
SA Transcripts

Arbor Realty Trust, Inc. (NYSE:ABR) Q1 2020 Earnings Conference Call May 8, 2020 8:30 AM ET

Company Participants

Paul Elenio - CFO

Ivan Kaufman - President and CEO

Conference Call Participants

Steve DeLaney - JMP Securities

Ryan Tomasello - KBW

Stephen Laws - Raymond James

Rick Shane - JPMorgan

George Bahamas - Deutsche Bank


Thank you, ladies, and gentlemen, for standing by and welcome to the Q1 2020 Arbor Realty Trust earnings conference call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session [Operator Instructions] Please be advised that today's conference is being recorded [Operator Instructions]

I would now like to hand the conference over to your speaker today, Mr. Paul Elenio, CFO. Thank you. Please go ahead, sir.

Paul Elenio

Okay. Thank you Nita and we apologize this morning for a little bit of delay in our call, it seems we have a tremendous amount of people trying to participate and dial in and it's having trouble getting everybody in. So, we're going to start and hopefully all those people will be able to join us as we go.

Good morning, everyone and welcome to the quarterly earnings call for Arbor Realty Trust. This morning, we will discuss the results for the quarter ended March 31, 2020. With me on the call today is Ivan Kaufman, our President and Chief Executive Officer.

Before we begin, I need to inform you that statements made in this earnings call may be deemed forward-looking statements that are subject to risks and uncertainties, including information about possible or assume future results of our business, financial condition, liquidity, results or operations plans and objectives.

These statements are based on beliefs, assumptions, and expectations of our future performance, taking into account the information currently available to

Recommended For You

Comments (10)

great call along with maintaining dividend=buy,buy,buy......
The call was overall very positive imo..
Veeon profile picture
That was a great earnings transcript. My confidence in ABR comes from management's 20% ownership, as Warren Buffet would say about his position in Berkshire Hathaway "we eat our own cooking', and from having survived the near death experience of the 2008/9 financial crisis which makes them "never again" super conservative.
BartAtTheRanch profile picture
@Veeon Can you point me to where I can see "management's 20% ownership"? I just checked at www.finvix.com for ABR and it shows only 3.2%. Thanks, Bart
$lik $ilver profile picture
First find below 13G filing information for CEO Ivan's holdings alone, filed on 2/14/20;
9 - "Aggregate Amount Beneficially Owned by Each Reporting Person 20,115,648"
11 - "Percent of Class Represented by Amount in Row (9) 14.6%"

This link below provides ABR's form 4 filings where, with a little time and addition you should find the remaining 5% held by officers and directors, to get to a cumulative 20%.
georgefelix75 profile picture
The only complaint I have is I wish they had come out with some guidance earlier when the stock was in the $4 range. Otherwise great call and stock looks cheap if business doesn't get disrupted going forward. I bought a ton of Oct 5 calls for $2.65 before the options market sorted itself out. If they hold the dividend I may exercise them early.
Johnson H profile picture
Leon Cooperman was on the call at the end and gave kudos to management for the quarter. Amazing to hear a billionaire on the call.
Yes it was nice to hear his comments ! He's been a long time investor in ABR !
sc21 profile picture
Well done. Impressive given what was happening. sc
VMCH Corp profile picture
Thank you Ivan and Paul!
To report an error in this transcript, .Contact us to add your company to our coverage or use transcripts in your business. Learn more about Seeking Alpha transcripts here. Your feedback matters to us!
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.