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Arbor Realty Trust (ABR) Suffers a Larger Drop Than the General Market: Key Insights
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In the latest trading session, Arbor Realty Trust (ABR - Free Report) closed at $2.92, marking a -1.35% move from the previous day. This move lagged the S&P 500's daily loss of 0.52%. At the same time, the Dow lost 1.24%, and the tech-heavy Nasdaq lost 0.21%.
The stock of real estate investment trust has fallen by 27.27% in the past month, lagging the Finance sector's loss of 0.78% and the S&P 500's loss of 1.21%.
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%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $227.4 million, up 1.97% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $0.27 per share and revenue of $922.48 million, which would represent changes of -74.77% and -1.86%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Arbor Realty Trust. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 17.39% lower. Arbor Realty Trust currently has a Zacks Rank of #4 (Sell).
Looking at its valuation, Arbor Realty Trust is holding a Forward P/E ratio of 10.96. This indicates a premium in contrast to its industry's Forward P/E of 6.73.
The REIT and Equity Trust industry is part of the Finance sector. With its current Zacks Industry Rank of 195, this industry ranks in the bottom 21% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
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Arbor Realty Trust (ABR) Suffers a Larger Drop Than the General Market: Key Insights
In the latest trading session, Arbor Realty Trust (ABR - Free Report) closed at $2.92, marking a -1.35% move from the previous day. This move lagged the S&P 500's daily loss of 0.52%. At the same time, the Dow lost 1.24%, and the tech-heavy Nasdaq lost 0.21%.
The stock of real estate investment trust has fallen by 27.27% in the past month, lagging the Finance sector's loss of 0.78% and the S&P 500's loss of 1.21%.
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%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $227.4 million, up 1.97% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $0.27 per share and revenue of $922.48 million, which would represent changes of -74.77% and -1.86%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Arbor Realty Trust. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 17.39% lower. Arbor Realty Trust currently has a Zacks Rank of #4 (Sell).
Looking at its valuation, Arbor Realty Trust is holding a Forward P/E ratio of 10.96. This indicates a premium in contrast to its industry's Forward P/E of 6.73.
The REIT and Equity Trust industry is part of the Finance sector. With its current Zacks Industry Rank of 195, this industry ranks in the bottom 21% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.