In the latest close session, Arbor Realty Trust (ABR) was up +1.25% at $8.07. The stock outperformed the S&P 500, which registered a daily gain of 0.12%. At the same time, the Dow lost 0.13%, and the tech-heavy Nasdaq gained 0.2%.
Heading into today, shares of the real estate investment trust had gained 8.44% over the past month, outpacing the Finance sector’s gain of 5.65% and lagging the S&P 500’s gain of 9.3%.
Market participants will be closely following the financial results of Arbor Realty Trust in its upcoming release. The company’s upcoming EPS is projected at $0.16, signifying a 42.86% drop compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $234 million, indicating a 2.78% downward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $0.83 per share and a revenue of $948.74 million, indicating changes of -22.43% and +0.93%, respectively, from the former year.
Any recent changes to analyst estimates for Arbor Realty Trust should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. 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.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Right now, Arbor Realty Trust possesses a Zacks Rank of #4 (Sell).
Looking at its valuation, Arbor Realty Trust is holding a Forward P/E ratio of 9.64. For comparison, its industry has an average Forward P/E of 7.97, which means Arbor Realty Trust is trading at a premium to the group.
The REIT and Equity Trust industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 181, positioning it in the bottom 26% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
