Is Agree Realty (ADC) Stock Outpacing Its Finance Peers This Year?

Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Agree Realty (ADC) 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? 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.Agree Realty is a member of the Finance sector. This group includes 838 individual stocks and currently holds a Zacks Sector Rank of #4. 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. Agree Realty is currently sporting a Zacks Rank of #2 (Buy).Over the past three months, the Zacks Consensus Estimate for ADC's full-year earnings has moved 0.1% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.Based on the most recent data, ADC has returned 4.7% so far this year. In comparison, Finance companies have returned an average of -5.7%. This means that Agree Realty is performing better than its sector in terms of year-to-date returns.ANZ Group Holdings Limited - Sponsored ADR (ANZGY) is another Finance stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 4.6%.The consensus estimate for ANZ Group Holdings Limited - Sponsored ADR's current year EPS has increased 12.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy).To break things down more, Agree Realty belongs to the REIT and Equity Trust - Retail industry, a group that includes 19 individual companies and currently sits at #20 in the Zacks Industry Rank. On average, stocks in this group have gained 11.1% this year, meaning that ADC is slightly underperforming its industry in terms of year-to-date returns. On the other hand, ANZ Group Holdings Limited - Sponsored ADR belongs to the Financial - Miscellaneous Services industry. This 107-stock industry is currently ranked #151. The industry has moved -16.1% year to date.Investors with an interest in Finance stocks should continue to track Agree Realty and ANZ Group Holdings Limited - Sponsored ADR. These stocks will be looking to continue their solid performance.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Agree Realty Corporation (ADC): Free Stock Analysis Report ANZ Group Holdings Limited - Sponsored ADR (ANZGY): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks