Analysts who follow Arbor Realty Trust Inc (ABR) on average expect it to decline -4.68% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy.
That average rating earns the stock an Analyst Ranking of 62, which means it ranks higher than 62 of stocks, based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected.
InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.
What's Happening With Arbor Realty Trust Inc Stock Today?
Arbor Realty Trust Inc (ABR) stock is higher by 2.15% while the S&P 500 is down -1.55% as of 10:33 AM on Friday, Oct 30. ABR is up $0.25 from the previous closing price of $11.64 on volume of 645,303 shares. Over the past year the S&P 500 is up 7.29% while ABR is down -12.96%. ABR earned $0.49 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 24.25.
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