Arbor Realty Trust (ABR - Free Report) closed the most recent trading day at $11.65, moving +0.43% from the previous trading session. The stock outpaced the S&P 500's daily loss of 0.04%. Meanwhile, the Dow lost 0.22%, and the Nasdaq, a tech-heavy index, added 0.16%.
Heading into today, shares of the real estate investment trust had lost 6.98% over the past month, lagging the Finance sector's loss of 5.92% and the S&P 500's loss of 4.99% in that time.
Investors will be hoping for strength from ABR as it approaches its next earnings release, which is expected to be February 22, 2019. The company is expected to report EPS of $0.27, up 8% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $69.20 million, up 50.27% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $1.19 per share and revenue of $247.60 million. These totals would mark changes of +14.42% and +58.54%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for ABR. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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 ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. ABR is currently a Zacks Rank #1 (Strong Buy).
Looking at its valuation, ABR is holding a Forward P/E ratio of 9.75. For comparison, its industry has an average Forward P/E of 14.56, which means ABR is trading at a discount to the group.
The REIT and Equity Trust - Other industry is part of the Finance sector. This group has a Zacks Industry Rank of 112, putting it in the top 44% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.