- Agree Realty‘s Core FFO (Funds From Operations) per share for the second quarter is $1.05, surpassing the estimate of $1.03.
- Revenue reached $175.5 million, beating the expected $171.3 million.
- Adjusted Funds From Operations (AFFO) per share is on target at $1.06, aligning with estimates.
- Earnings Per Share (EPS) came in at 43 cents, slightly below the estimated 46 cents.
- Total assets are valued at $9.08 billion, close to the projected $9.1 billion.
- Rental income far exceeded expectations, coming in at $175.4 million compared to the $140.9 million estimate.
- The company plans disposition volume for 2025 to range between $10 million and $50 million.
- Investment guidance for full-year 2025 has been increased to a range of $1.4 billion to $1.6 billion due to strong portfolio performance and growth activities.
- 2025 AFFO per share guidance has been raised to between $4.29 and $4.32.
- Analyst ratings reflect 14 buy recommendations, 8 holds, with no sells reported.
A look at Agree Realty Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Agree Realty Corporation, a real estate investment trust specializing in neighborhood community shopping centers and single tenant properties across twelve states, has garnered positive Smartkarma Smart Scores. With strong ratings in Value, Dividend, Resilience, and solid marks in Growth and Momentum, Agree Realty seems to have a promising long-term outlook. The company’s focus on properties leased to major retail tenants under net leases could contribute to its resilience and consistent performance in the market, making it an attractive investment option for those seeking stable returns.
Investors eyeing Agree Realty may find comfort in its robust Value and Dividend scores, indicating favorable valuation metrics and a steady dividend payout. While Growth and Momentum scores slightly trail behind, the company’s strategic positioning within the real estate sector bodes well for sustained performance over time. As Agree Realty continues to manage, develop, and acquire properties in its niche market segment, its ability to weather market fluctuations and deliver consistent returns could make it a compelling choice for long-term investors seeking stability and income generation.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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