Arbor Realty Trust Inc. (NYSE: ABR) has reported earnings for its first fiscal quarter (ending March 31) of $0.31 versus $0.47 for the same period a year ago — a decline of -34%. This result fell short of the consensus estimate of $0.45 by $-0.14. For the latest four quarters through March 31, E.P.S. were $1.64 versus $1.78 for the same period a year ago — a decline of -8%.
Recent Price Action
Arbor Realty Trust Inc. (NYSE: ABR) stock closed at $12.89 on 5/3/24 after a modest decline of -1.5%. Moreover, exceptionally high trading volume at 202% of normal accompanied the decline. The stock has been weak relative to the market over the last nine months but has risen 2.8% during the last week.
Current PriceTarget Research Rating
ABR is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Arbor Realty Trust has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Arbor Realty Trust has a very high Appreciation Score of 85 but a poor Power Rating of 19, and the Neutral Value Trend Rating results.
Rating Review
In light of this discouraging new earnings information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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