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 847 individual stocks and currently holds a Zacks Sector Rank of #9. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
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. 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 10.44% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
According to our latest data, ABR has moved about 30.09% on a year-to-date basis. At the same time, Finance stocks have gained an average of 10.57%. As we can see, Arbor Realty Trust is performing better than its sector in the calendar year.
Breaking things down more, ABR is a member of the REIT and Equity Trust - Other industry, which includes 117 individual companies and currently sits at #83 in the Zacks Industry Rank. On average, stocks in this group have gained 27.51% this year, meaning that ABR is performing better in terms of year-to-date returns.
Investors in the Finance sector will want to keep a close eye on ABR as it attempts to continue its solid performance.