Agree Realty (NYSE:ADC) versus Link Real Estate Investment Trust (OTCMKTS:LKREF) Head-To-Head Review

Agree Realty (NYSE:ADC) and Link Real Estate Investment Trust (OTCMKTS:LKREF) are both real estate companies, but which is the better business? We will contrast the two companies based on the strength of their earnings, valuation, institutional ownership, risk, profitability, dividends and analyst recommendations.

Profitability

This table compares Agree Realty and Link Real Estate Investment Trust’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Agree Realty	28.84%	3.90%	2.36%
Link Real Estate Investment Trust	N/A	N/A	N/A

Dividends

Agree Realty pays an annual dividend of $3.20 per share and has a dividend yield of 4.3%. Link Real Estate Investment Trust pays an annual dividend of $1.66 per share and has a dividend yield of 35.7%. 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. Link Real Estate Investment Trust pays out 14.1% of its earnings in the form of a dividend. Agree Realty has increased its dividend for 1 consecutive years. Link Real Estate Investment Trust is clearly the better dividend stock, given its higher yield and lower payout ratio.

Valuation & Earnings

This table compares Agree Realty and Link Real Estate Investment Trust”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Agree Realty	$718.40 million	12.80	$204.35 million	$1.86	39.76
Link Real Estate Investment Trust	N/A	N/A	N/A	$11.79	0.39

Agree Realty has higher revenue and earnings than Link Real Estate Investment Trust. Link 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.

Insider & Institutional Ownership

97.8% of Agree Realty shares are owned by institutional investors. Comparatively, 39.5% of Link Real Estate Investment Trust shares are owned by institutional investors. 1.8% of Agree Realty shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Analyst Ratings

This is a breakdown of current ratings for Agree Realty and Link 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
Link Real Estate Investment Trust	0	0	0	0	0.00

Agree Realty currently has a consensus price target of $83.94, suggesting a potential upside of 13.51%. Given Agree Realty’s stronger consensus rating and higher probable upside, equities analysts clearly believe Agree Realty is more favorable than Link Real Estate Investment Trust.

Summary

Agree Realty beats Link Real Estate Investment Trust on 12 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 Link Real Estate Investment Trust

Link Real Estate Investment Trust, managed by Link Asset Management Limited, is the largest REIT in Asia, and a leading real estate investor and asset manager in the world. Listed in 2005 as the first REIT in Hong Kong, Link has been 100% held by public and institutional investors, and has no controlling unitholder. We invest and manage a diversified portfolio comprising retail facilities, car parks, offices and logistics centres. With our home in Hong Kong, our properties located in China's Beijing, Greater Bay Area (Hong Kong, Guangzhou and Shenzhen), and Yangtze River Delta centred around Shanghai, the UK's London and Australia's Sydney and Melbourne. We seek to extend our portfolio growth trajectory and grasp expansion opportunities in different markets in pursuit of being a world class real estate investor and manager. Asset management, portfolio management and capital management are three pillars of our management. We are committed to integrating Environment, Social and Governance (ESG) considerations into our strategy and daily operations.