Arbor Realty Trust (ABR) closed the most recent trading day at $3.97, moving -2.7% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 0.17%. On the other hand, the Dow registered a loss of 0.26%, and the technology-centric Nasdaq decreased by 0.09%.
The stock of real estate investment trust has fallen by 18.56% in the past month, lagging the Finance sector's loss of 4.18% and the S&P 500's loss of 0.24%.
The upcoming earnings release of Arbor Realty Trust will be of great interest to investors. In that report, analysts expect Arbor Realty Trust to post earnings of $0.08 per share. This would mark a year-over-year decline of 77.14%. Meanwhile, the latest consensus estimate predicts the revenue to be $229.13 million, indicating a 2.75% increase compared to the same quarter of the previous year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.31 per share and a revenue of $925.69 million, representing changes of -71.03% and -1.52%, respectively, from the prior year.
Any recent changes to analyst estimates for Arbor Realty Trust should also be noted by investors. 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 business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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. Within the past 30 days, our consensus EPS projection remained stagnant. Right now, Arbor Realty Trust possesses a Zacks Rank of #3 (Hold).
Investors should also note Arbor Realty Trust's current valuation metrics, including its Forward P/E ratio of 13.3. This expresses a premium compared to the average Forward P/E of 7.08 of its industry.
The REIT and Equity Trust industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 229, finds itself in the bottom 7% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
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This article originally published on Zacks Investment Research (zacks.com).