Zacks Research downgraded Arbor Realty Trust (NYSE: ABR) from a hold rating to a strong sell rating. The company's stock underperformed both the Finance sector and the S&P 500 over the last month.
Analysts recently lowered their earnings per share forecasts for the current fiscal year. The consensus estimate projects a significant year-over-year decline in earnings.
Arbor Realty Trust currently trades at a premium valuation relative to its industry average. This assessment is based on the company's forward P/E ratio.