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Arbor Realty Trust (ABR) Stock Drops Despite Market Gains: Important Facts to Note
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Arbor Realty Trust (ABR - Free Report) closed at $7.35 in the latest trading session, marking a -2% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 0.08%. Meanwhile, the Dow experienced a drop of 0.18%, and the technology-dominated Nasdaq saw an increase of 0.1%.
Shares of the real estate investment trust witnessed a loss of 11.77% over the previous month, trailing the performance of the Finance sector with its loss of 3.78%, and the S&P 500's loss of 1.74%.
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. At the same time, our most recent consensus estimate is projecting a revenue of $234 million, reflecting a 2.78% fall from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $0.83 per share and revenue of $940.25 million, which would represent changes of -22.43% and +0.03%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for Arbor Realty Trust. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, 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. The Zacks Consensus EPS estimate remained stagnant within the past month. Arbor Realty Trust is currently sporting a Zacks Rank of #4 (Sell).
From a valuation perspective, Arbor Realty Trust is currently exchanging hands at a Forward P/E ratio of 9.07. Its industry sports an average Forward P/E of 7.76, so one might conclude that Arbor Realty Trust is trading at a premium comparatively.
The REIT and Equity Trust industry is part of the Finance sector. With its current Zacks Industry Rank of 163, this industry ranks in the bottom 34% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
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Arbor Realty Trust (ABR) Stock Drops Despite Market Gains: Important Facts to Note
Arbor Realty Trust (ABR - Free Report) closed at $7.35 in the latest trading session, marking a -2% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 0.08%. Meanwhile, the Dow experienced a drop of 0.18%, and the technology-dominated Nasdaq saw an increase of 0.1%.
Shares of the real estate investment trust witnessed a loss of 11.77% over the previous month, trailing the performance of the Finance sector with its loss of 3.78%, and the S&P 500's loss of 1.74%.
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. At the same time, our most recent consensus estimate is projecting a revenue of $234 million, reflecting a 2.78% fall from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $0.83 per share and revenue of $940.25 million, which would represent changes of -22.43% and +0.03%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for Arbor Realty Trust. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, 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. The Zacks Consensus EPS estimate remained stagnant within the past month. Arbor Realty Trust is currently sporting a Zacks Rank of #4 (Sell).
From a valuation perspective, Arbor Realty Trust is currently exchanging hands at a Forward P/E ratio of 9.07. Its industry sports an average Forward P/E of 7.76, so one might conclude that Arbor Realty Trust is trading at a premium comparatively.
The REIT and Equity Trust industry is part of the Finance sector. With its current Zacks Industry Rank of 163, this industry ranks in the bottom 34% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.