Investors focused on the Finance space have likely heard of Arbor Realty Trust (ABR), but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.
Arbor Realty Trust is one of 865 individual stocks in the Finance sector. Collectively, these companies sit at #7 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. ABR is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for ABR's full-year earnings has moved 2.73% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, ABR has returned 33.22% so far this year. At the same time, Finance stocks have lost an average of 9.90%. This shows that Arbor Realty Trust is outperforming its peers so far this year.
To break things down more, ABR belongs to the REIT and Equity Trust - Other industry, a group that includes 121 individual companies and currently sits at #108 in the Zacks Industry Rank. This group has gained an average of 1.22% so far this year, so ABR is performing better in this area.
ABR will likely be looking to continue its solid performance, so investors interested in Finance stocks should continue to pay close attention to the company.