Agree Realty (NYSE:ADC – Get Free Report) and Crombie Real Estate Investment Trust (OTCMKTS:CROMF – Get Free Report) are both real estate companies, but which is the better investment? We will contrast the two businesses based on the strength of their profitability, dividends, institutional ownership, risk, valuation, analyst recommendations and earnings.
Analyst Recommendations
This is a summary of recent recommendations and price targets for Agree Realty and Crombie Real Estate Investment Trust, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Agree Realty | 0 | 4 | 11 | 1 | 2.81 |
| Crombie Real Estate Investment Trust | 0 | 0 | 0 | 0 | 0.00 |
Agree Realty presently has a consensus price target of $83.94, indicating a potential upside of 12.95%. Given Agree Realty’s stronger consensus rating and higher possible upside, research analysts plainly believe Agree Realty is more favorable than Crombie Real Estate Investment Trust.
Profitability
| Net Margins | Return on Equity | Return on Assets | |
| Agree Realty | 28.84% | 3.90% | 2.36% |
| Crombie Real Estate Investment Trust | N/A | N/A | N/A |
Valuation & Earnings
This table compares Agree Realty and Crombie Real Estate Investment Trust”s revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Agree Realty | $779.62 million | 11.86 | $204.35 million | $1.86 | 39.95 |
| Crombie Real Estate Investment Trust | N/A | N/A | N/A | ($0.44) | -27.06 |
Agree Realty has higher revenue and earnings than Crombie Real Estate Investment Trust. Crombie Real Estate Investment Trust is trading at a lower price-to-earnings ratio than Agree Realty, indicating that it is currently the more affordable of the two stocks.
Dividends
Agree Realty pays an annual dividend of $3.20 per share and has a dividend yield of 4.3%. Crombie Real Estate Investment Trust pays an annual dividend of $0.89 per share and has a dividend yield of 7.4%. Agree Realty pays out 172.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Crombie Real Estate Investment Trust pays out -199.9% of its earnings in the form of a dividend. Agree Realty has increased its dividend for 1 consecutive years. Crombie Real Estate Investment Trust is clearly the better dividend stock, given its higher yield and lower payout ratio.
Institutional and Insider Ownership
97.8% of Agree Realty shares are held by institutional investors. Comparatively, 31.8% of Crombie Real Estate Investment Trust shares are held by institutional investors. 1.8% of Agree Realty shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Summary
Agree Realty beats Crombie Real Estate Investment Trust on 13 of the 15 factors compared between the two stocks.
About Agree Realty
Agree Realty Corporation is a publicly traded real estate investment trust that is RETHINKING RETAIL through the acquisition and development of properties net leased to industry-leading, omni-channel retail tenants. As of December 31, 2023, the Company owned and operated a portfolio of 2,135 properties, located in 49 states and containing approximately 44.2 million square feet of gross leasable area. The Company's common stock is listed on the New York Stock Exchange under the symbol "ADC".
About Crombie Real Estate Investment Trust
Crombie invests in real estate that enriches local communities and enables long-term sustainable growth. As one of the country's leading owners, operators, and developers of quality assets, Crombie's portfolio primarily includes grocery-anchored retail, retail-related industrial, and mixed-use residential properties. As at December 31, 2023, our portfolio contains 304 properties comprising approximately 19.2 million square feet, inclusive of joint ventures at Crombie's share, and a significant pipeline of future development projects.
Receive News & Ratings for Agree Realty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Agree Realty and related companies with MarketBeat.com's FREE daily email newsletter.
