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Arbor Realty Trust (ABR - Free Report) ended the recent trading session at $5.11, demonstrating a +1.49% change from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily gain of 0.89%. Elsewhere, the Dow saw an upswing of 0.74%, while the tech-heavy Nasdaq appreciated by 1.29%.
Prior to today's trading, shares of the real estate investment trust had lost 0.59% lagged the Finance sector's gain of 1.82% and was narrower than the S&P 500's loss of 0.63%.
Investors will be eagerly watching for the performance of Arbor Realty Trust in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.09, indicating a 64% decline compared to the equivalent quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $230.69 million, indicating a 4% decline compared to the corresponding quarter of the prior year.
ABR's full-year Zacks Consensus Estimates are calling for earnings of $0.4 per share and revenue of $921.65 million. These results would represent year-over-year changes of -62.62% and -1.95%, respectively.
Investors might also notice recent changes to analyst estimates for Arbor Realty Trust. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. 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, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 16.67% lower. As of now, Arbor Realty Trust holds a Zacks Rank of #5 (Strong Sell).
Digging into valuation, Arbor Realty Trust currently has a Forward P/E ratio of 12.57. This represents a premium compared to its industry average Forward P/E of 8.41.
The REIT and Equity Trust industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 197, finds itself in the bottom 20% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Arbor Realty Trust (ABR) Surpasses Market Returns: Some Facts Worth Knowing
Arbor Realty Trust (ABR - Free Report) ended the recent trading session at $5.11, demonstrating a +1.49% change from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily gain of 0.89%. Elsewhere, the Dow saw an upswing of 0.74%, while the tech-heavy Nasdaq appreciated by 1.29%.
Prior to today's trading, shares of the real estate investment trust had lost 0.59% lagged the Finance sector's gain of 1.82% and was narrower than the S&P 500's loss of 0.63%.
Investors will be eagerly watching for the performance of Arbor Realty Trust in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.09, indicating a 64% decline compared to the equivalent quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $230.69 million, indicating a 4% decline compared to the corresponding quarter of the prior year.
ABR's full-year Zacks Consensus Estimates are calling for earnings of $0.4 per share and revenue of $921.65 million. These results would represent year-over-year changes of -62.62% and -1.95%, respectively.
Investors might also notice recent changes to analyst estimates for Arbor Realty Trust. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. 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, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 16.67% lower. As of now, Arbor Realty Trust holds a Zacks Rank of #5 (Strong Sell).
Digging into valuation, Arbor Realty Trust currently has a Forward P/E ratio of 12.57. This represents a premium compared to its industry average Forward P/E of 8.41.
The REIT and Equity Trust industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 197, finds itself in the bottom 20% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.