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Arbor Realty Trust (ABR) Stock Moves -1.66%: What You Should Know
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Arbor Realty Trust (ABR - Free Report) closed at $11.85 in the latest trading session, marking a -1.66% move from the prior day. This change was narrower than the S&P 500's daily loss of 2.8%. At the same time, the Dow lost 2.11%, and the tech-heavy Nasdaq lost 0.1%.
Prior to today's trading, shares of the real estate investment trust had lost 18.86% over the past month. This has lagged the Finance sector's loss of 4.31% and the S&P 500's loss of 4.08% in that time.
Wall Street will be looking for positivity from Arbor Realty Trust as it approaches its next earnings report date. On that day, Arbor Realty Trust is projected to report earnings of $0.45 per share, which would represent a year-over-year decline of 4.26%. Our most recent consensus estimate is calling for quarterly revenue of $251.99 million, up 100.82% from the year-ago period.
ABR's full-year Zacks Consensus Estimates are calling for earnings of $1.96 per share and revenue of $913.99 million. These results would represent year-over-year changes of -2.49% and +96.1%, respectively.
It is also important to note the recent changes to analyst estimates for Arbor Realty Trust. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Arbor Realty Trust is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note Arbor Realty Trust's current valuation metrics, including its Forward P/E ratio of 6.16. This valuation marks a discount compared to its industry's average Forward P/E of 7.28.
The REIT and Equity Trust industry is part of the Finance sector. This group has a Zacks Industry Rank of 200, putting it in the bottom 21% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Arbor Realty Trust (ABR) Stock Moves -1.66%: What You Should Know
Arbor Realty Trust (ABR - Free Report) closed at $11.85 in the latest trading session, marking a -1.66% move from the prior day. This change was narrower than the S&P 500's daily loss of 2.8%. At the same time, the Dow lost 2.11%, and the tech-heavy Nasdaq lost 0.1%.
Prior to today's trading, shares of the real estate investment trust had lost 18.86% over the past month. This has lagged the Finance sector's loss of 4.31% and the S&P 500's loss of 4.08% in that time.
Wall Street will be looking for positivity from Arbor Realty Trust as it approaches its next earnings report date. On that day, Arbor Realty Trust is projected to report earnings of $0.45 per share, which would represent a year-over-year decline of 4.26%. Our most recent consensus estimate is calling for quarterly revenue of $251.99 million, up 100.82% from the year-ago period.
ABR's full-year Zacks Consensus Estimates are calling for earnings of $1.96 per share and revenue of $913.99 million. These results would represent year-over-year changes of -2.49% and +96.1%, respectively.
It is also important to note the recent changes to analyst estimates for Arbor Realty Trust. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Arbor Realty Trust is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note Arbor Realty Trust's current valuation metrics, including its Forward P/E ratio of 6.16. This valuation marks a discount compared to its industry's average Forward P/E of 7.28.
The REIT and Equity Trust industry is part of the Finance sector. This group has a Zacks Industry Rank of 200, putting it in the bottom 21% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.