See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
American Equity Investment Life Holding Company (AEL) - free report >>
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
American Equity Investment Life Holding Company (AEL) - free report >>
Image: Bigstock
Is American Equity Investment Life Holding (AEL) Stock Outpacing Its Finance Peers This Year?
For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Has American Equity Investment Life Holding (AEL - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
American Equity Investment Life Holding is a member of our Finance group, which includes 822 different companies and currently sits at #13 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. AEL is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for AEL's full-year earnings has moved 2.77% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, AEL has returned 19.82% so far this year. In comparison, Finance companies have returned an average of -0.06%. This shows that American Equity Investment Life Holding is outperforming its peers so far this year.
To break things down more, AEL belongs to the Insurance - Life Insurance industry, a group that includes 14 individual companies and currently sits at #36 in the Zacks Industry Rank. This group has lost an average of 11.72% so far this year, so AEL is performing better in this area.
Investors with an interest in Finance stocks should continue to track AEL. The stock will be looking to continue its solid performance.