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Arbor Realty Trust (ABR) Stock Drops Despite Market Gains: Important Facts to Note
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The latest trading session saw Arbor Realty Trust (ABR - Free Report) ending at $13.68, denoting a -1.37% adjustment from its last day's close. This change lagged the S&P 500's 1.18% gain on the day. On the other hand, the Dow registered a gain of 0.87%, and the technology-centric Nasdaq increased by 1.6%.
The the stock of real estate investment trust has fallen by 12.27% in the past month, lagging the Finance sector's loss of 4.4% and the S&P 500's loss of 5.17%.
The investment community will be closely monitoring the performance of Arbor Realty Trust in its forthcoming earnings report. The company is expected to report EPS of $0.48, down 14.29% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $329.1 million, up 26.68% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $2.14 per share and a revenue of $1.31 billion, demonstrating changes of -4.04% and +38.28%, respectively, from the preceding year.
Investors should also pay attention to any latest changes in analyst estimates for Arbor Realty Trust. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.36% lower. Currently, Arbor Realty Trust is carrying a Zacks Rank of #3 (Hold).
In terms of valuation, Arbor Realty Trust is currently trading at a Forward P/E ratio of 6.48. This valuation marks no noticeable deviation compared to its industry's average Forward P/E of 6.48.
The REIT and Equity Trust industry is part of the Finance sector. With its current Zacks Industry Rank of 156, this industry ranks in the bottom 39% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
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Arbor Realty Trust (ABR) Stock Drops Despite Market Gains: Important Facts to Note
The latest trading session saw Arbor Realty Trust (ABR - Free Report) ending at $13.68, denoting a -1.37% adjustment from its last day's close. This change lagged the S&P 500's 1.18% gain on the day. On the other hand, the Dow registered a gain of 0.87%, and the technology-centric Nasdaq increased by 1.6%.
The the stock of real estate investment trust has fallen by 12.27% in the past month, lagging the Finance sector's loss of 4.4% and the S&P 500's loss of 5.17%.
The investment community will be closely monitoring the performance of Arbor Realty Trust in its forthcoming earnings report. The company is expected to report EPS of $0.48, down 14.29% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $329.1 million, up 26.68% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $2.14 per share and a revenue of $1.31 billion, demonstrating changes of -4.04% and +38.28%, respectively, from the preceding year.
Investors should also pay attention to any latest changes in analyst estimates for Arbor Realty Trust. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.36% lower. Currently, Arbor Realty Trust is carrying a Zacks Rank of #3 (Hold).
In terms of valuation, Arbor Realty Trust is currently trading at a Forward P/E ratio of 6.48. This valuation marks no noticeable deviation compared to its industry's average Forward P/E of 6.48.
The REIT and Equity Trust industry is part of the Finance sector. With its current Zacks Industry Rank of 156, this industry ranks in the bottom 39% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.