Comparing NewRiver REIT (OTCMKTS:NRWRF) and Agree Realty (NYSE:ADC)

NewRiver REIT (OTCMKTS:NRWRF) and Agree Realty (NYSE:ADC) are both real estate companies, but which is the better business? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, valuation, earnings, risk, dividends and profitability.

Institutional and Insider Ownership

97.8% of Agree Realty shares are owned by institutional investors. 1.8% of Agree Realty shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Analyst Ratings

This is a breakdown of recent ratings and target prices for NewRiver REIT and Agree Realty, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
NewRiver REIT	0	0	0	0	0.00
Agree Realty	0	4	11	1	2.81

Agree Realty has a consensus price target of $83.94, suggesting a potential upside of 13.17%. Given Agree Realty’s stronger consensus rating and higher probable upside, analysts plainly believe Agree Realty is more favorable than NewRiver REIT.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
NewRiver REIT	N/A	N/A	N/A
Agree Realty	28.84%	3.90%	2.36%

Earnings & Valuation

This table compares NewRiver REIT and Agree Realty”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
NewRiver REIT	N/A	N/A	N/A	N/A	N/A
Agree Realty	$718.40 million	12.84	$204.35 million	$1.86	39.88

Agree Realty has higher revenue and earnings than NewRiver REIT.

Summary

Agree Realty beats NewRiver REIT on 10 of the 10 factors compared between the two stocks.

About NewRiver REIT

NewRiver REIT plc (‘NewRiver’) is a leading Real Estate Investment Trust specialising in buying, managing and developing resilient retail assets throughout the UK. Our £0.6 billion UK wide portfolio covers 6.4 million sq ft and comprises 25 community shopping centres and 12 conveniently located retail parks occupied by tenants predominately focused on essential goods and services. In addition we manage 18 retail parks and 5 shopping centres on behalf of Capital Partners, taking our total Assets Under Management to £1.3 billion. Our objective is to own and manage the most resilient retail portfolio in the UK, focused on retail parks, core shopping centres, and regeneration opportunities in order to deliver long-term attractive recurring income returns and capital growth for our shareholders. NewRiver has a Premium Listing on the Main Market of the London Stock Exchange (ticker: NRR).

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".