In the latest trading session, Arbor Realty Trust (ABR) closed at $5.05, marking a +1.81% move from the previous day. The stock outpaced the S&P 500's daily gain of 0.42%. At the same time, the Dow added 0.29%, and the tech-heavy Nasdaq gained 0.29%.
The real estate investment trust's shares have seen a decrease of 3.88% over the last month, not keeping up with the Finance sector's gain of 4.33% and the S&P 500's gain of 2.2%.
Market participants will be closely following the financial results of Arbor Realty Trust in its upcoming release. The company is predicted to post an EPS of $0.09, indicating a 64% decline compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $230.64 million, showing a 4.02% drop compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $0.4 per share and revenue of $919.52 million, which would represent changes of -62.62% and -2.18%, 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 recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
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. Over the past month, there's been a 15.79% fall in the Zacks Consensus EPS estimate. Arbor Realty Trust currently has a Zacks Rank of #4 (Sell).
In terms of valuation, Arbor Realty Trust is presently being traded at a Forward P/E ratio of 12.3. This signifies a premium in comparison to the average Forward P/E of 8.74 for its industry.
The REIT and Equity Trust industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 210, finds itself in the bottom 15% echelons of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. 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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