We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Arbor Realty Trust (ABR) Advances While Market Declines: Some Information for Investors
Read MoreHide Full Article
In the latest close session, Arbor Realty Trust (ABR - Free Report) was up +2.07% at $2.96. The stock's performance was ahead of the S&P 500's daily loss of 1.21%. On the other hand, the Dow registered a gain of 0.02%, and the technology-centric Nasdaq decreased by 2.6%.
The real estate investment trust's shares have seen a decrease of 30.79% over the last month, not keeping up with the Finance sector's loss of 1.78% and the S&P 500's loss of 0.03%.
Investors will be eagerly watching for the performance of Arbor Realty Trust in its upcoming earnings disclosure. The company's upcoming EPS is projected at $0.06, signifying a 82.86% drop compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $227.4 million, reflecting a 1.97% rise from the equivalent quarter last year.
ABR's full-year Zacks Consensus Estimates are calling for earnings of $0.27 per share and revenue of $922.48 million. These results would represent year-over-year changes of -74.77% and -1.86%, respectively.
Any recent changes to analyst estimates for Arbor Realty Trust should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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. Within the past 30 days, our consensus EPS projection has moved 17.39% lower. Arbor Realty Trust presently features a Zacks Rank of #4 (Sell).
Looking at its valuation, Arbor Realty Trust is holding a Forward P/E ratio of 10.74. This denotes a premium relative to the industry average Forward P/E of 6.62.
The REIT and Equity Trust industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 191, placing it within the bottom 23% of over 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.
Due to inactivity, you will be signed out in approximately:
View the Zacks #1 Rank List
Image: Bigstock
Arbor Realty Trust (ABR) Advances While Market Declines: Some Information for Investors
In the latest close session, Arbor Realty Trust (ABR - Free Report) was up +2.07% at $2.96. The stock's performance was ahead of the S&P 500's daily loss of 1.21%. On the other hand, the Dow registered a gain of 0.02%, and the technology-centric Nasdaq decreased by 2.6%.
The real estate investment trust's shares have seen a decrease of 30.79% over the last month, not keeping up with the Finance sector's loss of 1.78% and the S&P 500's loss of 0.03%.
Investors will be eagerly watching for the performance of Arbor Realty Trust in its upcoming earnings disclosure. The company's upcoming EPS is projected at $0.06, signifying a 82.86% drop compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $227.4 million, reflecting a 1.97% rise from the equivalent quarter last year.
ABR's full-year Zacks Consensus Estimates are calling for earnings of $0.27 per share and revenue of $922.48 million. These results would represent year-over-year changes of -74.77% and -1.86%, respectively.
Any recent changes to analyst estimates for Arbor Realty Trust should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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. Within the past 30 days, our consensus EPS projection has moved 17.39% lower. Arbor Realty Trust presently features a Zacks Rank of #4 (Sell).
Looking at its valuation, Arbor Realty Trust is holding a Forward P/E ratio of 10.74. This denotes a premium relative to the industry average Forward P/E of 6.62.
The REIT and Equity Trust industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 191, placing it within the bottom 23% of over 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.