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.
Has America First Multifamily Investors (ATAX) Outpaced Other Finance Stocks This Year?
Read MoreHide Full Article
Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Has America First Multifamily Investors been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
America First Multifamily Investors is one of 888 individual stocks in the Finance sector. Collectively, these companies sit at #3 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. America First Multifamily Investors is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for ATAX's full-year earnings has moved 84.3% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, ATAX has moved about 0% on a year-to-date basis. Meanwhile, the Finance sector has returned an average of -14.6% on a year-to-date basis. This means that America First Multifamily Investors is outperforming the sector as a whole this year.
Bank First Corporation (BFC - Free Report) is another Finance stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 5.5%.
The consensus estimate for Bank First Corporation's current year EPS has increased 2.8% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
To break things down more, America First Multifamily Investors belongs to the Financial - Investment Management industry, a group that includes 45 individual companies and currently sits at #225 in the Zacks Industry Rank. On average, this group has lost an average of 26.4% so far this year, meaning that ATAX is performing better in terms of year-to-date returns.
Bank First Corporation, however, belongs to the Banks - Northeast industry. Currently, this 90-stock industry is ranked #34. The industry has moved -16.2% so far this year.
America First Multifamily Investors and Bank First Corporation could continue their solid performance, so investors interested in Finance stocks should continue to pay close attention to these stocks.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Has America First Multifamily Investors (ATAX) Outpaced Other Finance Stocks This Year?
Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Has America First Multifamily Investors been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
America First Multifamily Investors is one of 888 individual stocks in the Finance sector. Collectively, these companies sit at #3 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. America First Multifamily Investors is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for ATAX's full-year earnings has moved 84.3% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, ATAX has moved about 0% on a year-to-date basis. Meanwhile, the Finance sector has returned an average of -14.6% on a year-to-date basis. This means that America First Multifamily Investors is outperforming the sector as a whole this year.
Bank First Corporation (BFC - Free Report) is another Finance stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 5.5%.
The consensus estimate for Bank First Corporation's current year EPS has increased 2.8% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
To break things down more, America First Multifamily Investors belongs to the Financial - Investment Management industry, a group that includes 45 individual companies and currently sits at #225 in the Zacks Industry Rank. On average, this group has lost an average of 26.4% so far this year, meaning that ATAX is performing better in terms of year-to-date returns.
Bank First Corporation, however, belongs to the Banks - Northeast industry. Currently, this 90-stock industry is ranked #34. The industry has moved -16.2% so far this year.
America First Multifamily Investors and Bank First Corporation could continue their solid performance, so investors interested in Finance stocks should continue to pay close attention to these stocks.