Investors focused on the Finance space have likely heard of Ladder Capital (LADR), but is the stock performing well in comparison to the rest of its sector peers? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.
Ladder Capital is a member of our Finance group, which includes 850 different companies and currently sits at #8 in the Zacks Sector Rank. 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. LADR is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for LADR's full-year earnings has moved 8.65% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Our latest available data shows that LADR has returned about 25.46% since the start of the calendar year. Meanwhile, the Finance sector has returned an average of -7.16% on a year-to-date basis. This means that Ladder Capital is performing better than its sector in terms of year-to-date returns.
Looking more specifically, LADR belongs to the REIT and Equity Trust industry, a group that includes 29 individual stocks and currently sits at #69 in the Zacks Industry Rank. Stocks in this group have gained about 1.01% so far this year, so LADR is performing better this group in terms of year-to-date returns.
Investors with an interest in Finance stocks should continue to track LADR. The stock will be looking to continue its solid performance.
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