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Is Capital Trust (BXMT) Outperforming Other Finance Stocks This Year?

Zacks Equity Research

For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Capital Trust (BXMT) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.

Capital Trust is a member of our Finance group, which includes 854 different companies and currently sits at #7 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

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. BXMT is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past 90 days, the Zacks Consensus Estimate for BXMT's full-year earnings has moved 2.98% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

According to our latest data, BXMT has moved about 14.12% on a year-to-date basis. Meanwhile, stocks in the Finance group have gained about 11.07% on average. This means that Capital Trust is performing better than its sector in terms of year-to-date returns.

Looking more specifically, BXMT belongs to the REIT and Equity Trust industry, which includes 30 individual stocks and currently sits at #237 in the Zacks Industry Rank. Stocks in this group have gained about 8.33% so far this year, so BXMT is performing better this group in terms of year-to-date returns.

Investors with an interest in Finance stocks should continue to track BXMT. The stock will be looking to continue its solid performance.

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