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Is American Healthcare REIT, Inc. (AHR) Stock Outpacing Its Finance Peers This Year?

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The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is American Healthcare REIT (AHR - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.

American Healthcare REIT is one of 833 individual stocks in the Finance sector. Collectively, these companies sit at #4 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. American Healthcare REIT is currently sporting a Zacks Rank of #2 (Buy).

The Zacks Consensus Estimate for AHR's full-year earnings has moved 2.7% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Based on the most recent data, AHR has returned 9.8% so far this year. At the same time, Finance stocks have gained an average of 0.3%. This shows that American Healthcare REIT is outperforming its peers so far this year.

Another Finance stock, which has outperformed the sector so far this year, is Alerus (ALRS - Free Report) . The stock has returned 24.8% year-to-date.

The consensus estimate for Alerus' current year EPS has increased 13.6% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

Breaking things down more, American Healthcare REIT is a member of the REIT and Equity Trust - Other industry, which includes 90 individual companies and currently sits at #87 in the Zacks Industry Rank. This group has gained an average of 12.7% so far this year, so AHR is slightly underperforming its industry in this area.

Alerus, however, belongs to the Financial - Miscellaneous Services industry. Currently, this 107-stock industry is ranked #94. The industry has moved -9% so far this year.

American Healthcare REIT and Alerus could continue their solid performance, so investors interested in Finance stocks should continue to pay close attention to these stocks.

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