- Agree Realty reported Core Funds From Operations (FFO) per share of $1.04, surpassing the estimated $1.03.
- Revenue came in at $169.2 million, beating the forecast of $165.4 million.
- Adjusted Funds From Operations (AFFO) per share was $1.06, slightly above the estimate of $1.05.
- Earnings Per Share (EPS) was 42 cents, just below the expected 43 cents.
- The company’s total assets stood at $8.80 billion, exceeding the anticipated $8.72 billion.
- Rental income reached $169.1 million, higher than the projected $159 million.
- Full-year 2025 disposition volume is expected to range from $10 million to $50 million.
- Agree Realty increased its full-year 2025 investment guidance to $1.3 billion to $1.5 billion.
- 2025 AFFO per share guidance has been raised to a range of $4.27 to $4.30.
- Analyst recommendations include 16 buys, 6 holds, and 0 sells.
A look at Agree Realty Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
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 focused on neighborhood community shopping centers and single tenant properties, shows a promising long-term outlook based on its Smartkarma Smart Scores. With a solid score of 4 for Dividend and Resilience, investors can expect stable returns and a strong ability to weather market fluctuations. Moreover, the company’s impressive Momentum score of 5 indicates a positive trend in its performance, suggesting potential growth opportunities ahead. While Value and Growth scores stand at 3, highlighting a balanced approach to wealth creation and asset valuation strategies, overall, Agree Realty presents a favorable outlook for investors seeking steady income and growth in the real estate sector.
Agree Realty‘s strategic focus on owning, managing, and developing properties leased to major retail tenants across twelve states underscores its commitment to building a diversified and sustainable real estate portfolio. The company’s strong emphasis on net leases adds a layer of stability to its revenue streams, reflecting its Resilience score of 4. Despite a moderate score of 3 in both Value and Growth categories, Agree Realty‘s consistent performance in dividends and its robust momentum in the market position it well for long-term success. Investors looking for a reliable real estate investment trust with a proven track record in managing retail properties may find Agree Realty a compelling choice for their portfolio.
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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