Richard Agree - Agree Realty Chairman
| ADC Stock | USD 58.78 0.02 0.03% |
Chairman
Mr. Richard Agree is Executive Chairman of the Board and Director of the Company. From December 1993 until January 2013, he was our Chief Executive Officer and Chairman of the Board. Prior thereto, he worked as managing partner of the general partnerships which held our properties prior to the formation of our Company and the initial public offering and was President of the predecessor company since 1971. Mr. Richard Agree has managed and overseen the development of over eight million square feet of retail real estate during the past 46 years. He is a graduate of the Detroit College of Law, a member of the State Bar of Michigan and the International Council of Shopping Centers. Mr. Richard Agree is the father of Mr. Joel Agree, our Chief Executive Officer and one of our Directors. The Board has determined that it is in the best interests of our Company and our stockholders for Mr. Richard Agree, in light of his extensive companyspecific, operational, market and finance experience as the founder and former Chief Executive Officer of our Company, his leadership abilities and his expertise in the ownership, development, acquisition and management of retail real estate net leased to national tenants, to continue to serve as a director of the Board, subject to stockholder approval at this annual meeting. since 2013.
| Age | 80 |
| Tenure | 11 years |
| Address | 32301 Woodward Avenue, Royal Oak, MI, United States, 48073 |
| Phone | 248 737 4190 |
| Web | https://www.agreerealty.com |
Latest Insider Transactions
Richard Agree has managed and overseen the development of over 5, 000, 000 square feet of anchored shopping center space during the past 40 years. He is a graduate of the Detroit College of Law, a member of the State Bar of Michigan and the International Council of Shopping Centers.Richard Agree Latest Insider Activity
Tracking and analyzing the buying and selling activities of Richard Agree against Agree Realty stock is an integral part of due diligence when investing in Agree Realty. Richard Agree insider activity provides valuable insight into whether Agree Realty is net buyers or sellers over its current business cycle. Note, Agree Realty insiders must abide by specific rules, including filing SEC forms every time they buy or sell Agree Realty'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Richard Agree over two months ago Acquisition by Richard Agree of 16000 shares of Agree Realty at 55.5 subject to Rule 16b-3 |
Agree Realty Management Efficiency
The company has Return on Asset of 0.0229 % which means that on every $100 spent on assets, it made $0.0229 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0348 %, implying that it generated $0.0348 on every 100 dollars invested. Agree Realty's management efficiency ratios could be used to measure how well Agree Realty manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.05, whereas Return On Capital Employed is forecasted to decline to 0.03. At present, Agree Realty's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 7 B, whereas Non Currrent Assets Other are forecasted to decline to about 15.3 M.Similar Executives
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Management Performance
| Return On Equity | 0.0348 | ||||
| Return On Asset | 0.0229 |
Agree Realty Leadership Team
Elected by the shareholders, the Agree Realty's board of directors comprises two types of representatives: Agree Realty inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Agree. The board's role is to monitor Agree Realty's management team and ensure that shareholders' interests are well served. Agree Realty's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Agree Realty's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jerome Rossi, Independent Director | ||
| Simon Leopold, Chief Financial Officer, Executive Vice President, Company Secretary | ||
| Farris Kalil, Independent Director | ||
| Clayton Thelen, Chief Financial Officer, Secretary | ||
| Joel Agree, President, Chief Executive Officer, Director | ||
| William Rubenfaer, Independent Director | ||
| Laith Hermiz, Chief Operating Officer, Executive Vice President | ||
| W Lehmkuhl, Lead Independent Director | ||
| David Wolff, Chief Accounting Officer | ||
| Michael Judlowe, Independent Director | ||
| Merrie Frankel, Independent Director | ||
| Karen Dearing, Independent Director | ||
| Craig Erlich, Lead Independent Director | ||
| Nicole Witteveen, Executive Vice President - People and Culture, Chief of Staff | ||
| Larry Kaufman, Chief Improvement | ||
| Josh Bratton, Director Development | ||
| John Rakolta, Independent Director | ||
| Danielle Spehar, General Counsel | ||
| Dan Theeck, Director Compliance | ||
| Michael Hollman, Independent Director | ||
| Peter Coughenour, Chief Financial Officer, Company Secretary | ||
| Richard Agree, Executive Chairman and Chairman of Executive Committee | ||
| Stephen Breslin, Deputy Chief Accounting Officer | ||
| Brian Hawthorne, Director Finance |
Agree Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Agree Realty a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0348 | ||||
| Return On Asset | 0.0229 | ||||
| Profit Margin | 0.31 % | ||||
| Operating Margin | 0.49 % | ||||
| Current Valuation | 8.6 B | ||||
| Shares Outstanding | 100.63 M | ||||
| Shares Owned By Insiders | 1.79 % | ||||
| Shares Owned By Institutions | 98.21 % | ||||
| Number Of Shares Shorted | 4.04 M | ||||
| Price To Earning | 38.51 X |
Agree Realty Investors Sentiment
The influence of Agree Realty's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Agree. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Agree Realty's public news can be used to forecast risks associated with an investment in Agree. The trend in average sentiment can be used to explain how an investor holding Agree can time the market purely based on public headlines and social activities around Agree Realty. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Agree Realty's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Agree Realty's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Agree Realty's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Agree Realty.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Agree Realty in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Agree Realty's short interest history, or implied volatility extrapolated from Agree Realty options trading.
Pair Trading with Agree Realty
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Agree Realty position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Agree Realty will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Agree Realty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Agree Realty when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Agree Realty - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Agree Realty to buy it.
The correlation of Agree Realty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Agree Realty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agree Realty moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Agree Realty can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agree Realty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Agree Stock refer to our How to Trade Agree Stock guide.Note that the Agree Realty information on this page should be used as a complementary analysis to other Agree Realty's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Agree Stock analysis
When running Agree Realty's price analysis, check to measure Agree Realty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Agree Realty is operating at the current time. Most of Agree Realty's value examination focuses on studying past and present price action to predict the probability of Agree Realty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agree Realty's price. Additionally, you may evaluate how the addition of Agree Realty to your portfolios can decrease your overall portfolio volatility.
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Is Agree Realty's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Agree Realty. If investors know Agree will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Agree Realty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.03) | Dividend Share 2.94 | Earnings Share 1.69 | Revenue Per Share 5.732 | Quarterly Revenue Growth 0.18 |
The market value of Agree Realty is measured differently than its book value, which is the value of Agree that is recorded on the company's balance sheet. Investors also form their own opinion of Agree Realty's value that differs from its market value or its book value, called intrinsic value, which is Agree Realty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Agree Realty's market value can be influenced by many factors that don't directly affect Agree Realty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Agree Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agree Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agree Realty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.