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Arbor Realty Trust (ABR) Registers a Bigger Fall Than the Market: Important Facts to Note
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In the latest trading session, Arbor Realty Trust (ABR - Free Report) closed at $2.83, marking a -1.39% move from the previous day. This move lagged the S&P 500's daily loss of 0.06%. Meanwhile, the Dow gained 0.38%, and the Nasdaq, a tech-heavy index, lost 0.44%.
Heading into today, shares of the real estate investment trust had lost 39.2% over the past month, lagging the Finance sector's loss of 2.69% and the S&P 500's gain of 2.36%.
Investors will be eagerly watching for the performance of Arbor Realty Trust in its upcoming earnings disclosure. On that day, Arbor Realty Trust is projected to report earnings of $0.06 per share, which would represent a year-over-year decline of 82.86%. Our most recent consensus estimate is calling for quarterly revenue of $227.41 million, up 1.98% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $0.31 per share and a revenue of $920.5 million, demonstrating changes of -71.03% and -2.08%, respectively, from the preceding year.
It's also important for investors to be aware of any recent modifications 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 business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Arbor Realty Trust currently has a Zacks Rank of #3 (Hold).
In the context of valuation, Arbor Realty Trust is at present trading with a Forward P/E ratio of 9.36. This indicates a premium in contrast to its industry's Forward P/E of 7.07.
The REIT and Equity Trust industry is part of the Finance sector. This group has a Zacks Industry Rank of 204, putting it in the bottom 18% of all 250+ industries.
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.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
View the Zacks #1 Rank List
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Arbor Realty Trust (ABR) Registers a Bigger Fall Than the Market: Important Facts to Note
In the latest trading session, Arbor Realty Trust (ABR - Free Report) closed at $2.83, marking a -1.39% move from the previous day. This move lagged the S&P 500's daily loss of 0.06%. Meanwhile, the Dow gained 0.38%, and the Nasdaq, a tech-heavy index, lost 0.44%.
Heading into today, shares of the real estate investment trust had lost 39.2% over the past month, lagging the Finance sector's loss of 2.69% and the S&P 500's gain of 2.36%.
Investors will be eagerly watching for the performance of Arbor Realty Trust in its upcoming earnings disclosure. On that day, Arbor Realty Trust is projected to report earnings of $0.06 per share, which would represent a year-over-year decline of 82.86%. Our most recent consensus estimate is calling for quarterly revenue of $227.41 million, up 1.98% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $0.31 per share and a revenue of $920.5 million, demonstrating changes of -71.03% and -2.08%, respectively, from the preceding year.
It's also important for investors to be aware of any recent modifications 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 business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Arbor Realty Trust currently has a Zacks Rank of #3 (Hold).
In the context of valuation, Arbor Realty Trust is at present trading with a Forward P/E ratio of 9.36. This indicates a premium in contrast to its industry's Forward P/E of 7.07.
The REIT and Equity Trust industry is part of the Finance sector. This group has a Zacks Industry Rank of 204, putting it in the bottom 18% of all 250+ industries.
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.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.