The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Ladder Capital (LADR) been one of those stocks this year? 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 the Finance sector. This group includes 865 individual stocks and currently holds a Zacks Sector Rank of #7. 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 successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. LADR is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for LADR's full-year earnings has moved 0.19% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that LADR has returned about 26.63% since the start of the calendar year. Meanwhile, stocks in the Finance group have lost about 9.90% on average. 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 30 individual stocks and currently sits at #43 in the Zacks Industry Rank. On average, stocks in this group have gained 1.75% this year, meaning that LADR is performing better in terms of year-to-date returns.
Investors in the Finance sector will want to keep a close eye on LADR as it attempts to continue its solid performance.
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