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Arbor Realty Trust (ABR) Dips More Than Broader Markets: What You Should Know
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Arbor Realty Trust (ABR - Free Report) closed at $12.03 in the latest trading session, marking a -1.15% move from the prior day. This change lagged the S&P 500's daily loss of 0.95%. Elsewhere, the Dow lost 0.67%, while the tech-heavy Nasdaq lost 1.51%.
Coming into today, shares of the real estate investment trust had lost 5.95% in the past month. In that same time, the Finance sector gained 2.3%, while the S&P 500 gained 4.32%.
ABR will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $0.28, down 9.68% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $73.10 million, up 23.27% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $1.23 per share and revenue of $303.30 million. These totals would mark changes of +1.65% and +20.47%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for ABR. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. 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. Over the past month, the Zacks Consensus EPS estimate has moved 1.77% higher. ABR is currently a Zacks Rank #1 (Strong Buy).
Investors should also note ABR's current valuation metrics, including its Forward P/E ratio of 9.93. For comparison, its industry has an average Forward P/E of 15.33, 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 88, which puts it in the top 35% 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.
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Arbor Realty Trust (ABR) Dips More Than Broader Markets: What You Should Know
Arbor Realty Trust (ABR - Free Report) closed at $12.03 in the latest trading session, marking a -1.15% move from the prior day. This change lagged the S&P 500's daily loss of 0.95%. Elsewhere, the Dow lost 0.67%, while the tech-heavy Nasdaq lost 1.51%.
Coming into today, shares of the real estate investment trust had lost 5.95% in the past month. In that same time, the Finance sector gained 2.3%, while the S&P 500 gained 4.32%.
ABR will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $0.28, down 9.68% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $73.10 million, up 23.27% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $1.23 per share and revenue of $303.30 million. These totals would mark changes of +1.65% and +20.47%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for ABR. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. 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. Over the past month, the Zacks Consensus EPS estimate has moved 1.77% higher. ABR is currently a Zacks Rank #1 (Strong Buy).
Investors should also note ABR's current valuation metrics, including its Forward P/E ratio of 9.93. For comparison, its industry has an average Forward P/E of 15.33, 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 88, which puts it in the top 35% 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.