Reviewing Site Centers (NYSE:SITC) & Agree Realty (NYSE:ADC)
by Doug Wharley · The Cerbat GemSite Centers (NYSE:SITC – Get Free Report) and Agree Realty (NYSE:ADC – Get Free Report) are both finance companies, but which is the superior business? We will contrast the two companies based on the strength of their risk, dividends, profitability, analyst recommendations, valuation, institutional ownership and earnings.
Risk and Volatility
Site Centers has a beta of 1.06, meaning that its stock price is 6% more volatile than the S&P 500. Comparatively, Agree Realty has a beta of 0.55, meaning that its stock price is 45% less volatile than the S&P 500.
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% |
Analyst Ratings
This is a breakdown of current recommendations and price targets 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, indicating a potential upside of 76.73%. Agree Realty has a consensus target price of $80.23, indicating a potential upside of 11.15%. Given Site Centers’ higher possible upside, equities research analysts plainly believe Site Centers is more favorable than Agree Realty.
Valuation & Earnings
This table compares Site Centers and Agree Realty”s revenue, earnings per share (EPS) 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.
Insider & Institutional 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 hedge funds, large money managers and endowments believe a company is poised for long-term growth.
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".