Arbor Realty Trust (ABR) Stock Falls Amid Market Uptick: What Investors Need to Know

Arbor Realty Trust (ABR) ended the recent trading session at $12.28, demonstrating a -1.44% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 0.37% for the day. Elsewhere, the Dow lost 0.14%, while the tech-heavy Nasdaq added 0.71%. The real estate investment trust's shares have seen an increase of 2.38% over the last month, surpassing the Finance sector's gain of 2.07% and falling behind the S&P 500's gain of 4.26%.The investment community will be closely monitoring the performance of Arbor Realty Trust in its forthcoming earnings report. The company is forecasted to report an EPS of $0.28, showcasing a 34.88% downward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $241.53 million, down 15.7% from the year-ago period. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $1.1 per share and a revenue of $962.02 million, indicating changes of -36.78% and -17.63%, respectively, from the former year. It is also important to note the recent changes to analyst estimates for Arbor Realty Trust. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. At present, Arbor Realty Trust boasts a Zacks Rank of #3 (Hold). Looking at valuation, Arbor Realty Trust is presently trading at a Forward P/E ratio of 11.33. For comparison, its industry has an average Forward P/E of 8.89, 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. At present, this industry carries a Zacks Industry Rank of 172, placing it within the bottom 31% of over 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. Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions. Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.Free: See Our Top Stock And 4 Runners UpWant 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 ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks