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Has Two Harbors Investments (TWO) Outpaced Other Finance Stocks This Year?

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Investors focused on the Finance space have likely heard of Two Harbors Investments (TWO - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of TWO and the rest of the Finance group's stocks.

Two Harbors Investments is a member of our Finance group, which includes 849 different companies and currently sits at #4 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

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. TWO is currently sporting a Zacks Rank of #2 (Buy).

The Zacks Consensus Estimate for TWO's full-year earnings has moved 1.58% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Based on the latest available data, TWO has gained about 8.64% so far this year. Meanwhile, stocks in the Finance group have gained about 11.58% on average. This means that Two Harbors Investments is outperforming the sector as a whole this year.

Breaking things down more, TWO is a member of the REIT and Equity Trust industry, which includes 29 individual companies and currently sits at #54 in the Zacks Industry Rank. This group has gained an average of 8.72% so far this year, so TWO is slightly underperforming its industry in this area.

Investors in the Finance sector will want to keep a close eye on TWO as it attempts to continue its solid performance.


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