Arbor Realty Trust (ABR) closed the most recent trading day at $7.70, moving +2.67% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 1.02%. Elsewhere, the Dow saw an upswing of 0.63%, while the tech-heavy Nasdaq appreciated by 1.23%.
Shares of the real estate investment trust have depreciated by 2.22% over the course of the past month, underperforming the Finance sector's gain of 0.75%, and the S&P 500's gain of 0.63%.
Market participants will be closely following the financial results of Arbor Realty Trust in its upcoming release. The company is expected to report EPS of $0.16, down 42.86% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $234 million, down 2.78% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $0.83 per share and a revenue of $940.25 million, indicating changes of -22.43% and +0.03%, respectively, from the former year.
Investors should also take note of any recent adjustments to analyst estimates for Arbor Realty Trust. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. At present, Arbor Realty Trust boasts a Zacks Rank of #4 (Sell).
In terms of valuation, Arbor Realty Trust is presently being traded at a Forward P/E ratio of 9.07. Its industry sports an average Forward P/E of 7.82, so one might conclude that Arbor Realty Trust is trading at a premium comparatively.
The REIT and Equity Trust industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 146, placing it within the bottom 41% 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.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Arbor Realty Trust (ABR): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).