In the latest close session, Arbor Realty Trust (ABR) was down 2.28% at $7.70. The stock trailed the S&P 500, which registered a daily loss of 0.43%. Meanwhile, the Dow experienced a drop of 0.37%, and the technology-dominated Nasdaq saw a decrease of 0.94%.
Heading into today, shares of the real estate investment trust had gained 1.55% over the past month, outpacing the Finance sector's gain of 0.35% and the S&P 500's gain of 0.89%.
The upcoming earnings release of Arbor Realty Trust will be of great interest to investors. The company is expected to report EPS of $0.21, down 47.5% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $221.71 million, showing a 15.66% drop compared to the year-ago quarter.
ABR's full-year Zacks Consensus Estimates are calling for earnings of $1.08 per share and revenue of $925.71 million. These results would represent year-over-year changes of -37.93% and 0%, respectively.
Investors should also note any recent changes to analyst estimates for Arbor Realty Trust. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding 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 #5 (Strong Sell).
In terms of valuation, Arbor Realty Trust is presently being traded at a Forward P/E ratio of 7.93. This valuation marks a discount compared to its industry average Forward P/E of 8.25.
The REIT and Equity Trust industry is part of the Finance sector. With its current Zacks Industry Rank of 189, this industry ranks in the bottom 23% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Arbor Realty Trust (ABR): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
