Investors focused on the Finance space have likely heard of Arbor Realty Trust (ABR - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? 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.
Arbor Realty Trust is a member of the Finance sector. This group includes 864 individual stocks and currently holds a Zacks Sector Rank of #8. 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 successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. ABR is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for ABR's full-year earnings has moved 2.73% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the most recent data, ABR has returned 18.52% so far this year. Meanwhile, the Finance sector has returned an average of -13.25% on a year-to-date basis. This means that Arbor Realty Trust is outperforming the sector as a whole this year.
Breaking things down more, ABR is a member of the REIT and Equity Trust - Other industry, which includes 121 individual companies and currently sits at #101 in the Zacks Industry Rank. On average, this group has lost an average of 4.50% so far this year, meaning that ABR is performing better in terms of year-to-date returns.
ABR will likely be looking to continue its solid performance, so investors interested in Finance stocks should continue to pay close attention to the company.