With 3.03 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.13 million shares. The 52-week range on ABR shows that it touched its highest point at $15.94 and its lowest point at $11.95 during that stretch. It currently has a 1-year price target of $14.30. With its current market cap of 2.61 billion, ABR has annualized dividend of $1.72 while the current yield stands at 12.43%. Beta for the stock currently stands at 1.99.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ABR was up-trending over the past week, with a rise of 1.24%, but this was up by 1.76% over a month. Three-month performance dropped to -4.95% while six-month performance rose 5.17%. The stock lost -1.07% in the past year, while it has lost -0.07% so far this year. A look at the trailing 12-month EPS for ABR yields 1.30 with Next year EPS estimates of 1.58. For the next quarter, that number is 0.38. This implies an EPS growth rate of -23.22% for this year and -8.54% for next year. EPS is expected to decline by -8.65% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 3.18%.
Float and Shares Shorts:
At present, 188.61 million ABR shares are outstanding with a float of 181.24 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ABR since 4 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.76632 being high and $1.69838 being low. For ABR, this leads to a yearly average estimate of $1.7275. Based on analyst estimates, the high estimate for the next quarter is $0.43 and the low estimate is $0.41. The average estimate for the next quarter is thus $0.42.
