Arbor Realty Trust (ABR) Dips More Than Broader Markets: What You Should Know
Arbor Realty Trust (ABR) closed at $14.61 in the latest trading session, marking a -1.88% move from the prior day. This move lagged the S&P 500's daily loss of 1.3%. Meanwhile, the Dow lost 0.77%, and the Nasdaq, a tech-heavy index, lost 5.51%.
Coming into today, shares of the real estate investment trust had gained 12.89% in the past month. In that same time, the Finance sector gained 7.48%, while the S&P 500 gained 6.41%.
Arbor Realty Trust will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $0.49, down 14.04% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $310.97 million, up 115.47% from the prior-year quarter.
Investors should also note any recent changes to analyst estimates for Arbor Realty Trust. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Arbor Realty Trust currently has a Zacks Rank of #4 (Sell).
In terms of valuation, Arbor Realty Trust is currently trading at a Forward P/E ratio of 8.14. This valuation marks a premium compared to its industry's average Forward P/E of 8.11.
The REIT and Equity Trust industry is part of the Finance sector. This group has a Zacks Industry Rank of 185, putting it in the bottom 27% of all 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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