Investors focused on the Finance space have likely heard of STARWOOD PROPERTY TRUST, INC. (STWD), 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.
STARWOOD PROPERTY TRUST, INC. is one of 819 companies in the Finance group. The Finance group currently sits at #10 within the Zacks Sector Rank. 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. STWD is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for STWD's full-year earnings has moved 0.95% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the most recent data, STWD has returned 3.18% so far this year. In comparison, Finance companies have returned an average of 0.37%. This means that STARWOOD PROPERTY TRUST, INC. is performing better than its sector in terms of year-to-date returns.
Breaking things down more, STWD is a member of the REIT and Equity Trust industry, which includes 30 individual companies and currently sits at #174 in the Zacks Industry Rank. On average, stocks in this group have gained 5.23% this year, meaning that STWD is slightly underperforming its industry in terms of year-to-date returns.
Investors in the Finance sector will want to keep a close eye on STWD as it attempts to continue its solid performance.
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