Investors focused on the Finance space have likely heard of Wintrust Financial (WTFC - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? 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.
Wintrust Financial is a member of our Finance group, which includes 828 different companies and currently sits at #11 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 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. WTFC is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for WTFC's full-year earnings has moved 6.08% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that WTFC has returned about 6.39% since the start of the calendar year. Meanwhile, stocks in the Finance group have lost about 4.20% on average. As we can see, Wintrust Financial is performing better than its sector in the calendar year.
Looking more specifically, WTFC belongs to the Banks - Midwest industry, which includes 30 individual stocks and currently sits at #48 in the Zacks Industry Rank. On average, stocks in this group have gained 8.49% this year, meaning that WTFC is slightly underperforming its industry in terms of year-to-date returns.
Investors with an interest in Finance stocks should continue to track WTFC. The stock will be looking to continue its solid performance.