In the latest trading session, Arbor Realty Trust (ABR - Free Report) closed at $11.05, marking a +1.56% move from the previous day. The stock outpaced the S&P 500's daily gain of 0.97%. At the same time, the Dow added 1.09%, and the tech-heavy Nasdaq gained 1.08%.
Prior to today's trading, shares of the real estate investment trust had lost 6.21% over the past month. This has lagged the Finance sector's loss of 1.97% and the S&P 500's loss of 3.04% in that time.
Wall Street will be looking for positivity from ABR as it approaches its next earnings report date. This is expected to be February 22, 2019. In that report, analysts expect ABR to post earnings of $0.27 per share. This would mark year-over-year growth of 8%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $69.20 million, up 50.27% from the year-ago period.
Any recent changes to analyst estimates for ABR should also be noted by investors. 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 company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, 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 sporting a Zacks Rank of #3 (Hold).
In terms of valuation, ABR is currently trading at a Forward P/E ratio of 9.26. For comparison, its industry has an average Forward P/E of 13.33, 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 industry currently has a Zacks Industry Rank of 155, which puts it in the bottom 39% of all 250+ industries.
The Zacks Industry Rank includes is listed in order 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.