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Is Hamilton Insurance Group, Ltd. (HG) Outperforming 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 Hamilton Insurance (HG - 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.

Hamilton Insurance is one of 890 individual stocks in the Finance sector. Collectively, these companies sit at #5 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 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. Hamilton Insurance is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for HG's full-year earnings has moved 18.9% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Our latest available data shows that HG has returned about 23.7% since the start of the calendar year. In comparison, Finance companies have returned an average of 4%. As we can see, Hamilton Insurance is performing better than its sector in the calendar year.

One other Finance stock that has outperformed the sector so far this year is Atlanticus Holdings Corporation (ATLC - Free Report) . The stock is up 40% year-to-date.

The consensus estimate for Atlanticus Holdings Corporation's current year EPS has increased 2.6% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

Looking more specifically, Hamilton Insurance belongs to the Insurance - Multi line industry, which includes 49 individual stocks and currently sits at #166 in the Zacks Industry Rank. On average, this group has gained an average of 0% so far this year, meaning that HG is performing better in terms of year-to-date returns.

Atlanticus Holdings Corporation, however, belongs to the Financial - Miscellaneous Services industry. Currently, this 113-stock industry is ranked #166. The industry has moved -13.4% so far this year.

Investors interested in the Finance sector may want to keep a close eye on Hamilton Insurance and Atlanticus Holdings Corporation as they attempt to continue their solid performance.

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