Investors focused on the Finance space have likely heard of Arbor Realty Trust (ABR), 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 one of 867 companies in the Finance group. The Finance group currently sits at #8 within 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. ABR is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, 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.
Our latest available data shows that ABR has returned about 41.67% since the start of the calendar year. In comparison, Finance companies have returned an average of -5.93%. This means that Arbor Realty Trust is performing better than its sector in terms of year-to-date returns.
Looking more specifically, ABR belongs to the REIT and Equity Trust - Other industry, which includes 122 individual stocks and currently sits at #102 in the Zacks Industry Rank. On average, this group has gained an average of 0.85% so far 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.
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