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Has American Healthcare REIT, Inc. (AHR) Outpaced Other Finance Stocks This Year?

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Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Has American Healthcare REIT (AHR - Free Report) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.

American Healthcare REIT is one of 863 companies in the Finance group. The Finance group currently sits at #2 within 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. American Healthcare REIT is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for AHR's full-year earnings has moved 3.2% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

According to our latest data, AHR has moved about 67.6% on a year-to-date basis. At the same time, Finance stocks have gained an average of 16.1%. This means that American Healthcare REIT is performing better than its sector in terms of year-to-date returns.

KeyCorp (KEY - 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 20.1%.

For KeyCorp, the consensus EPS estimate for the current year has increased 2.6% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

Looking more specifically, American Healthcare REIT belongs to the REIT and Equity Trust - Other industry, a group that includes 97 individual stocks and currently sits at #141 in the Zacks Industry Rank. Stocks in this group have gained about 4.3% so far this year, so AHR is performing better this group in terms of year-to-date returns.

On the other hand, KeyCorp belongs to the Banks - Major Regional industry. This 10-stock industry is currently ranked #58. The industry has moved +20.1% year to date.

Investors with an interest in Finance stocks should continue to track American Healthcare REIT and KeyCorp. These stocks will be looking to continue their solid performance.


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