Arbor Realty Trust (ABR) closed at $11.31 in the latest trading session, marking a +2.26% move from the prior day. This move outpaced the S&P 500's daily gain of 0.32%. Meanwhile, the Dow experienced a rise of 0.53%, and the technology-dominated Nasdaq saw an increase of 0.26%.
Shares of the real estate investment trust have appreciated by 9.18% over the course of the past month, outperforming the Finance sector's gain of 3.04%, and the S&P 500's gain of 4.51%.
The investment community will be closely monitoring the performance of Arbor Realty Trust in its forthcoming earnings report. In that report, analysts expect Arbor Realty Trust to post earnings of $0.29 per share. This would mark a year-over-year decline of 35.56%. Meanwhile, our latest consensus estimate is calling for revenue of $237.24 million, down 20.17% from the prior-year quarter.
ABR's full-year Zacks Consensus Estimates are calling for earnings of $1.18 per share and revenue of $959.31 million. These results would represent year-over-year changes of -32.18% and -17.86%, respectively.
Investors should also note any recent changes to analyst estimates for Arbor Realty Trust. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional 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. The Zacks Consensus EPS estimate remained stagnant within the past month. Arbor Realty Trust is currently a Zacks Rank #3 (Hold).
In terms of valuation, Arbor Realty Trust is presently being traded at a Forward P/E ratio of 9.41. This denotes a premium relative to the industry average Forward P/E of 8.6.
The REIT and Equity Trust industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 195, placing it within the bottom 22% of over 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.
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Arbor Realty Trust (ABR): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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