Agree Realty vs Progressive Which Is More Reliable?

Agree Realty Corporation and Progressive Corporation are two distinct yet promising stocks in the market today. Agree Realty is a real estate investment trust specializing in retail properties across the United States, offering stable returns and consistent dividend payments. On the other hand, Progressive is a leading insurance provider known for strong financial performance and steady growth. Both stocks have demonstrated resilience in challenging economic conditions, making them attractive options for investors seeking long-term stability and potential growth.

Agree Realty or Progressive?

When comparing Agree Realty and Progressive, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between Agree Realty and Progressive.

Dividend Investors:

Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company. Agree Realty has a dividend yield of 4.01%, while Progressive has a dividend yield of 0.46%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Agree Realty reports a 5-year dividend growth of 6.25% year and a payout ratio of 161.58%. On the other hand, Progressive reports a 5-year dividend growth of -18.68% year and a payout ratio of 8.53%.

Value Investors:

Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with Agree Realty P/E ratio at 39.46 and Progressive's P/E ratio at 18.18. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Agree Realty P/B ratio is 1.42 while Progressive's P/B ratio is 5.43.

Growth Investors:

Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Agree Realty has seen a 5-year revenue growth of 0.22%, while Progressive's is 0.93%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Agree Realty's ROE at 3.65% and Progressive's ROE at 35.04%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are $73.39 for Agree Realty and $248.04 for Progressive. Over the past year, Agree Realty's prices ranged from $54.28 to $78.39, with a yearly change of 44.42%. Progressive's prices fluctuated between $149.14 and $270.62, with a yearly change of 81.45%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.