Investors focused on the Finance space have likely heard of Omega Healthcare Investors (OHI - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.
Omega Healthcare Investors is a member of the Finance sector. This group includes 854 individual stocks and currently holds a Zacks Sector Rank of #10. 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 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. OHI is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for OHI's full-year earnings has moved 1.18% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that OHI has returned about 3.02% since the start of the calendar year. Meanwhile, the Finance sector has returned an average of 2.67% on a year-to-date basis. This means that Omega Healthcare Investors is outperforming the sector as a whole this year.
Looking more specifically, OHI belongs to the REIT and Equity Trust - Other industry, which includes 121 individual stocks and currently sits at #161 in the Zacks Industry Rank. Stocks in this group have gained about 2.66% so far this year, so OHI is performing better this group in terms of year-to-date returns.
Investors with an interest in Finance stocks should continue to track OHI. The stock will be looking to continue its solid performance.