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Arbor Realty Trust (ABR) Advances While Market Declines: Some Information for Investors
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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.
View the Zacks #1 Rank List
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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.