|Bid||79.29 x 800|
|Ask||79.30 x 800|
|Day's Range||78.62 - 79.60|
|52 Week Range||61.62 - 80.44|
|Beta (5Y Monthly)||0.40|
|PE Ratio (TTM)||41.96|
|Forward Dividend & Yield||2.81 (3.51%)|
|Ex-Dividend Date||Aug 30, 2022|
|1y Target Est||N/A|
EPR vs. ADC: Which Stock Is the Better Value Option?
It's been a rough year for real estate investment trusts (REITs), which own and lease property. Many REITs stocks are down by double-digit percentages this year, with some lower by as much as 50%, as interest rates have gone up and demand has fallen. The two REITs that we'll discuss here, Equity Residential (NYSE: EQR) and Agree Realty (NYSE: ADC), have both performed well.
Real estate tends to be a cyclical sector. As the economy slows, demand for real estate typically cools off, weighing on property values and rental rates. Because of that, real estate investment trusts (REITs) focused on these property types could continue thriving even if the economy enters a downturn in this year.