Agree Realty (NYSE:ADC) versus Site Centers (NYSE:SITC) Head to Head Review

Site Centers (NYSE:SITC) and Agree Realty (NYSE:ADC) are both finance companies, but which is the superior business? We will contrast the two companies based on the strength of their valuation, analyst recommendations, earnings, risk, institutional ownership, profitability and dividends.

Analyst Ratings

This is a summary of current ratings and recommmendations for Site Centers and Agree Realty, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Site Centers	1	2	1	0	2.00
Agree Realty	0	6	8	0	2.57

Site Centers presently has a consensus target price of $10.83, suggesting a potential upside of 76.73%. Agree Realty has a consensus target price of $80.23, suggesting a potential upside of 11.15%. Given Site Centers’ higher possible upside, equities research analysts clearly believe Site Centers is more favorable than Agree Realty.

Earnings & Valuation

This table compares Site Centers and Agree Realty”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Site Centers	$271.09 million	1.19	$531.82 million	$0.56	10.95
Agree Realty	$617.09 million	13.44	$189.20 million	$1.71	42.21

Site Centers has higher earnings, but lower revenue than Agree Realty. Site Centers is trading at a lower price-to-earnings ratio than Agree Realty, indicating that it is currently the more affordable of the two stocks.

Institutional and Insider Ownership

88.7% of Site Centers shares are held by institutional investors. Comparatively, 97.8% of Agree Realty shares are held by institutional investors. 0.2% of Site Centers shares are held by company insiders. Comparatively, 1.8% of Agree Realty shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Profitability

This table compares Site Centers and Agree Realty’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Site Centers	29.19%	8.21%	4.33%
Agree Realty	28.11%	3.52%	2.16%

Volatility & Risk

Site Centers has a beta of 1.06, meaning that its share price is 6% more volatile than the S&P 500. Comparatively, Agree Realty has a beta of 0.55, meaning that its share price is 45% less volatile than the S&P 500.

Summary

Agree Realty beats Site Centers on 8 of the 14 factors compared between the two stocks.

About Site Centers

SITE Centers is an owner and manager of open-air shopping centers located in suburban, high household income communities. The Company is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol SITC.

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".