In the latest close session, Arbor Realty Trust (ABR) was up +1.4% at $4.34. The stock trailed the S&P 500, which registered a daily gain of 1.49%. At the same time, the Dow added 0.71%, and the tech-heavy Nasdaq gained 2.26%.
The real estate investment trust's stock has dropped by 17.53% in the past month, falling short of the Finance sector's loss of 2.25% and the S&P 500's gain of 0.1%.
Analysts and investors alike will be keeping a close eye on the performance of Arbor Realty Trust in its upcoming earnings disclosure. On that day, Arbor Realty Trust is projected to report earnings of $0.09 per share, which would represent a year-over-year decline of 74.29%. Simultaneously, our latest consensus estimate expects the revenue to be $229.13 million, showing a 2.75% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $0.36 per share and revenue of $925.69 million, which would represent changes of -66.36% and -1.52%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Arbor Realty Trust. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical 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 last 30 days, the Zacks Consensus EPS estimate has remained unchanged. At present, Arbor Realty Trust boasts a Zacks Rank of #3 (Hold).
Digging into valuation, Arbor Realty Trust currently has a Forward P/E ratio of 11.89. This indicates a premium in contrast to its industry's Forward P/E of 7.54.
The REIT and Equity Trust industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 226, placing it within the bottom 9% of over 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): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).