Jerome Rossi - Agree Realty Independent Director

ADC Stock  USD 57.56  0.66  1.16%   

Director

Mr. Jerome R. Rossi is an Independent Director of the Company. Mr. Rossi is the Chief Executive Officer of RR Consulting and the Chairman of Gabes stores, a private fashion discount retailer. Mr. Rossi was previously Senior Executive Vice President and Group President of The TJX Companies from 2005 until January 2015. He served as Chief Operating Officer of HomeGoods from 2000 to 2005, Executive Vice President and Chief Operating Officer of The Marmaxx Group from 1995 to 2000 and President and Chief Executive Officer of Marshalls from 1990 to 1995. Mr. Rossi began his career in 1967 as a Certified Public Accountant with Arthur Young Co since 2015.
Age 77
Tenure 9 years
Address 32301 Woodward Avenue, Royal Oak, MI, United States, 48073
Phone248 737 4190
Webhttps://www.agreerealty.com
Rossi currently serves on the Board of Directors of Home Base, the Board of Advisors at Bentley College, the Board of Directors at Bethany Hill School, the Board of Overseers at Newton Wellesley Hospital, the Board of Overseers at Beth Israel Hospital and the Board of Directors of The National Domestic Violence Hotline. The Board has determined that it is in the best interests of our Company and our stockholders for Mr. Rossi, in light of his extensive career as a senior executive, deep knowledge of retail real estate and retail operations, strong leadership capabilities and public company experience, to continue to serve as a director of the Board, subject to stockholder approval at this annual meeting.

Agree Realty Management Efficiency

The company has Return on Asset of 0.0224 % which means that on every $100 spent on assets, it made $0.0224 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0347 %, implying that it generated $0.0347 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.
The company has 2.47 B in debt with debt to equity (D/E) ratio of 0.41, which is OK given its current industry classification. Agree Realty has a current ratio of 4.68, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Agree Realty until it has trouble settling it off, either with new capital or with free cash flow. So, Agree Realty's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Agree Realty sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Agree to invest in growth at high rates of return. When we think about Agree Realty's use of debt, we should always consider it together with cash and equity.

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Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants. The Companys common stock is listed on the New York Stock Exchange under the symbol ADC. Agree Realty operates under REITRetail classification in the United States and is traded on New York Stock Exchange. It employs 57 people. Agree Realty (ADC) is traded on New York Stock Exchange in USA. It is located in 32301 Woodward Avenue, Royal Oak, MI, United States, 48073 and employs 72 people. Agree Realty is listed under Diversified REITs category by Fama And French industry classification.

Management Performance

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.
Eugene Silverman, Independent Director
Simon Leopold, Chief Financial Officer, Executive Vice President, Company Secretary
Matthew Partridge, CFO, Executive VP and Secretary
Joel Agree, President, Chief Executive Officer, Director
Michael Judlowe, Independent Director
Karen Dearing, Independent Director
Larry Kaufman, Chief Improvement
Josh Bratton, Director Development
John Rakolta, Independent Director
Danielle Spehar, General Counsel
Dan Theeck, Director Compliance
Leon Schurgin, Independent Director
Kenneth Howe, Interim CFO, Director of Tax and Secretary
Peter Coughenour, Chief Financial Officer, Company Secretary
Richard Agree, Executive Chairman and Chairman of Executive Committee
Gene Silverman, Independent Director
Stephen Breslin, Deputy Chief Accounting Officer
Brian Hawthorne, Director Finance
Jerome Rossi, Independent Director
Farris Kalil, Independent Director
Clayton Thelen, Chief Financial Officer, Secretary
William Rubenfaer, Independent Director
Laith Hermiz, Chief Operating Officer, Executive Vice President
W Lehmkuhl, Lead Independent Director
Joey Agree, CEO and President Director and Member of Executive Committee
David Wolff, Chief Accounting Officer
Merrie Frankel, Independent Director
Craig Erlich, Lead Independent Director
Nicole Witteveen, Executive Vice President - People and Culture, Chief of Staff
Michael Hollman, Independent Director
Daniel Ravid, Chief Administrative Officer, Treasurer
Gregory Lehmkuhl, Director

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.

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.

Moving together with Agree Stock

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Moving against Agree Stock

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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.
Pair CorrelationCorrelation Matching
When determining whether Agree Realty offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Agree Realty's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Agree Realty Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agree Realty Stock:
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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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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
(0.01)
Dividend Share
2.919
Earnings Share
1.7
Revenue Per Share
5.646
Quarterly Revenue Growth
0.237
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.