Arbor Realty Trust (ABR) ended the recent trading session at $4.65, demonstrating a -1.48% change from the preceding day's closing price. This change lagged the S&P 500's 0.48% loss on the day. Meanwhile, the Dow lost 0.29%, and the Nasdaq, a tech-heavy index, lost 0.56%.
The stock of real estate investment trust has fallen by 7.27% in the past month, lagging the Finance sector's loss of 0.73% and the S&P 500's loss of 0.82%.
Market participants will be closely following the financial results of Arbor Realty Trust in its upcoming release. The company's earnings per share (EPS) are projected to be $0.09, reflecting a 74.29% decrease from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $229.13 million, reflecting a 2.75% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $0.36 per share and a revenue of $925.69 million, demonstrating changes of -66.36% and -1.52%, respectively, from the preceding year.
Investors might also notice recent changes to analyst estimates for Arbor Realty Trust. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. 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, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Arbor Realty Trust presently features a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Arbor Realty Trust has a Forward P/E ratio of 13.11 right now. This expresses a premium compared to the average Forward P/E of 7.76 of its industry.
The REIT and Equity Trust industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 236, placing it within the bottom 5% of over 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.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
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Arbor Realty Trust (ABR): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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