Is STARWOOD PROPERTY TRUST, INC. (STWD) Stock Outpacing Its Finance Peers This Year?

STWD

Investors focused on the Finance space have likely heard of STARWOOD PROPERTY TRUST, INC. (STWD - Free Report) , 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.

STARWOOD PROPERTY TRUST, INC. is one of 827 companies in the Finance group. The Finance group currently sits at #9 within 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. STWD is currently sporting a Zacks Rank of #2 (Buy).

The Zacks Consensus Estimate for STWD's full-year earnings has moved 2.76% 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, STWD has gained about 1.97% so far this year. Meanwhile, the Finance sector has returned an average of -4.20% on a year-to-date basis. As we can see, STARWOOD PROPERTY TRUST, INC. is performing better than its sector in the calendar year.

Looking more specifically, STWD belongs to the REIT and Equity Trust industry, which includes 31 individual stocks and currently sits at #66 in the Zacks Industry Rank. Stocks in this group have lost about 1.26% so far this year, so STWD is performing better this group in terms of year-to-date returns.

Going forward, investors interested in Finance stocks should continue to pay close attention to STWD as it looks to continue its solid performance.

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