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Arbor Realty Trust (ABR) Gains As Market Dips: What You Should Know
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In the latest trading session, Arbor Realty Trust (ABR - Free Report) closed at $13.21, marking a +1.07% move from the previous day. The stock outpaced the S&P 500's daily loss of 0.74%. Meanwhile, the Dow gained 0.01%, and the Nasdaq, a tech-heavy index, lost 0.01%.
Heading into today, shares of the real estate investment trust had gained 7.84% over the past month, outpacing the Finance sector's gain of 3.51% and the S&P 500's gain of 4.58% in that time.
Wall Street will be looking for positivity from Arbor Realty Trust as it approaches its next earnings report date. The company is expected to report EPS of $0.45, down 4.26% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $251.55 million, up 100.47% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $1.95 per share and revenue of $912.52 million, which would represent changes of -2.99% and +95.78%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Arbor Realty Trust. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
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.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.27% lower within the past month. Arbor Realty Trust is currently sporting a Zacks Rank of #3 (Hold).
Digging into valuation, Arbor Realty Trust currently has a Forward P/E ratio of 6.7. This valuation marks a discount compared to its industry's average Forward P/E of 7.98.
The REIT and Equity Trust industry is part of the Finance sector. This group has a Zacks Industry Rank of 181, putting it in the bottom 29% of all 250+ industries.
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.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Arbor Realty Trust (ABR) Gains As Market Dips: What You Should Know
In the latest trading session, Arbor Realty Trust (ABR - Free Report) closed at $13.21, marking a +1.07% move from the previous day. The stock outpaced the S&P 500's daily loss of 0.74%. Meanwhile, the Dow gained 0.01%, and the Nasdaq, a tech-heavy index, lost 0.01%.
Heading into today, shares of the real estate investment trust had gained 7.84% over the past month, outpacing the Finance sector's gain of 3.51% and the S&P 500's gain of 4.58% in that time.
Wall Street will be looking for positivity from Arbor Realty Trust as it approaches its next earnings report date. The company is expected to report EPS of $0.45, down 4.26% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $251.55 million, up 100.47% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $1.95 per share and revenue of $912.52 million, which would represent changes of -2.99% and +95.78%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Arbor Realty Trust. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
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.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.27% lower within the past month. Arbor Realty Trust is currently sporting a Zacks Rank of #3 (Hold).
Digging into valuation, Arbor Realty Trust currently has a Forward P/E ratio of 6.7. This valuation marks a discount compared to its industry's average Forward P/E of 7.98.
The REIT and Equity Trust industry is part of the Finance sector. This group has a Zacks Industry Rank of 181, putting it in the bottom 29% of all 250+ industries.
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.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.