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Here's Why Arbor Realty Trust (ABR) Fell More Than Broader Market
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Arbor Realty Trust (ABR - Free Report) ended the recent trading session at $7.37, demonstrating a -2.77% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 0.37% for the day. Elsewhere, the Dow saw a downswing of 0.18%, while the tech-heavy Nasdaq depreciated by 0.84%.
The real estate investment trust's stock has climbed by 2.16% in the past month, exceeding the Finance sector's loss of 5.16% and the S&P 500's loss of 3.7%.
The upcoming earnings release of Arbor Realty Trust will be of great interest to investors. The company is forecasted to report an EPS of $0.16, showcasing a 42.86% downward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $234 million, indicating a 2.78% decline compared to the corresponding quarter of the prior year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.83 per share and a revenue of $940.25 million, representing changes of -22.43% and +0.03%, respectively, from the prior 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. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been a 15.02% fall in the Zacks Consensus EPS estimate. Arbor Realty Trust is currently sporting a Zacks Rank of #4 (Sell).
Valuation is also important, so investors should note that Arbor Realty Trust has a Forward P/E ratio of 9.17 right now. This indicates a premium in contrast to its industry's Forward P/E of 7.48.
The REIT and Equity Trust industry is part of the Finance sector. With its current Zacks Industry Rank of 212, this industry ranks in the bottom 14% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained 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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Here's Why Arbor Realty Trust (ABR) Fell More Than Broader Market
Arbor Realty Trust (ABR - Free Report) ended the recent trading session at $7.37, demonstrating a -2.77% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 0.37% for the day. Elsewhere, the Dow saw a downswing of 0.18%, while the tech-heavy Nasdaq depreciated by 0.84%.
The real estate investment trust's stock has climbed by 2.16% in the past month, exceeding the Finance sector's loss of 5.16% and the S&P 500's loss of 3.7%.
The upcoming earnings release of Arbor Realty Trust will be of great interest to investors. The company is forecasted to report an EPS of $0.16, showcasing a 42.86% downward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $234 million, indicating a 2.78% decline compared to the corresponding quarter of the prior year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.83 per share and a revenue of $940.25 million, representing changes of -22.43% and +0.03%, respectively, from the prior 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. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been a 15.02% fall in the Zacks Consensus EPS estimate. Arbor Realty Trust is currently sporting a Zacks Rank of #4 (Sell).
Valuation is also important, so investors should note that Arbor Realty Trust has a Forward P/E ratio of 9.17 right now. This indicates a premium in contrast to its industry's Forward P/E of 7.48.
The REIT and Equity Trust industry is part of the Finance sector. With its current Zacks Industry Rank of 212, this industry ranks in the bottom 14% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained 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.