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Why the Market Dipped But Arbor Realty Trust (ABR) Gained Today
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In the latest close session, Arbor Realty Trust (ABR - Free Report) was up +1.5% at $8.13. The stock's performance was ahead of the S&P 500's daily loss of 0.24%. At the same time, the Dow lost 0.01%, and the tech-heavy Nasdaq lost 0.26%.
Prior to today's trading, shares of the real estate investment trust had gained 6.66% outpaced the Finance sector's gain of 5.63% and the S&P 500's gain of 6.42%.
Analysts and investors alike will be keeping a close eye on the performance of Arbor Realty Trust in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $0.16, reflecting a 42.86% decrease from the same quarter last 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 annual period, the Zacks Consensus Estimates anticipate earnings of $0.83 per share and a revenue of $948.74 million, signifying shifts of -22.43% and +0.93%, respectively, from the last year.
Investors might also notice recent changes to analyst estimates for Arbor Realty Trust. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational 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. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Arbor Realty Trust is currently sporting a Zacks Rank of #4 (Sell).
In terms of valuation, Arbor Realty Trust is presently being traded at a Forward P/E ratio of 9.69. This denotes a premium relative to the industry average Forward P/E of 8.06.
The REIT and Equity Trust industry is part of the Finance sector. This group has a Zacks Industry Rank of 196, putting it in the bottom 20% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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Why the Market Dipped But Arbor Realty Trust (ABR) Gained Today
In the latest close session, Arbor Realty Trust (ABR - Free Report) was up +1.5% at $8.13. The stock's performance was ahead of the S&P 500's daily loss of 0.24%. At the same time, the Dow lost 0.01%, and the tech-heavy Nasdaq lost 0.26%.
Prior to today's trading, shares of the real estate investment trust had gained 6.66% outpaced the Finance sector's gain of 5.63% and the S&P 500's gain of 6.42%.
Analysts and investors alike will be keeping a close eye on the performance of Arbor Realty Trust in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $0.16, reflecting a 42.86% decrease from the same quarter last 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 annual period, the Zacks Consensus Estimates anticipate earnings of $0.83 per share and a revenue of $948.74 million, signifying shifts of -22.43% and +0.93%, respectively, from the last year.
Investors might also notice recent changes to analyst estimates for Arbor Realty Trust. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational 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. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Arbor Realty Trust is currently sporting a Zacks Rank of #4 (Sell).
In terms of valuation, Arbor Realty Trust is presently being traded at a Forward P/E ratio of 9.69. This denotes a premium relative to the industry average Forward P/E of 8.06.
The REIT and Equity Trust industry is part of the Finance sector. This group has a Zacks Industry Rank of 196, putting it in the bottom 20% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.