In the latest trading session, Arbor Realty Trust (ABR) closed at $12.94, marking a +0.62% move from the previous day. The stock outpaced the S&P 500's daily gain of 0.37%. Meanwhile, the Dow gained 0.25%, and the Nasdaq, a tech-heavy index, added 0.34%.
Prior to today's trading, shares of the real estate investment trust had gained 8.43% over the past month. This has outpaced the Finance sector's gain of 0.92% and the S&P 500's gain of 1.83% in that time.
Investors will be hoping for strength from ABR as it approaches its next earnings release. On that day, ABR is projected to report earnings of $0.27 per share, which would represent year-over-year growth of 8%. Our most recent consensus estimate is calling for quarterly revenue of $73.20 million, up 41.83% from the year-ago period.
ABR's full-year Zacks Consensus Estimates are calling for earnings of $1.09 per share and revenue of $312.70 million. These results would represent year-over-year changes of -9.92% and +24.2%, respectively.
Investors might also notice recent changes to analyst estimates for ABR. 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 company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. 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 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 past month, the Zacks Consensus EPS estimate has moved 12.5% lower. ABR is currently a Zacks Rank #3 (Hold).
In terms of valuation, ABR is currently trading at a Forward P/E ratio of 11.8. This represents a discount compared to its industry's average Forward P/E of 15.05.
The REIT and Equity Trust - Other industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 138, which puts it in the bottom 46% 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.
You can find more information on all of these metrics, and much more, on Zacks.com.
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