The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. STORE Capital (STOR) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? One simple way to answer this question is to take a look at the year-to-date performance of STOR and the rest of the Finance group's stocks.
STORE Capital is a member of the Finance sector. This group includes 854 individual stocks and currently holds a Zacks Sector Rank of #11. 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. STOR is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for STOR's full-year earnings has moved 1.41% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Our latest available data shows that STOR has returned about 7.14% since the start of the calendar year. In comparison, Finance companies have returned an average of 6.46%. This means that STORE Capital is outperforming the sector as a whole this year.
Looking more specifically, STOR belongs to the REIT and Equity Trust - Retail industry, which includes 28 individual stocks and currently sits at #155 in the Zacks Industry Rank. Stocks in this group have gained about 5.52% so far this year, so STOR is performing better this group in terms of year-to-date returns.
Investors in the Finance sector will want to keep a close eye on STOR as it attempts to continue its solid performance.