Agree Realty (ADC) Analysts See $0.67 EPS, Renewable Energy Group (REGI) Has 1.24 Sentiment

July 17, 2017 - By Clifton Ray

Analysts expect Agree Realty Corporation (NYSE:ADC) to report $0.67 EPS on July, 24 after the close.They anticipate $0.06 EPS change or 9.84% from last quarter’s $0.61 EPS. ADC’s profit would be $19.44M giving it 17.49 P/E if the $0.67 EPS is correct. After having $0.65 EPS previously, Agree Realty Corporation’s analysts see 3.08% EPS growth. The stock increased 1.65% or $0.76 on July 14, reaching $46.88. About shares traded. Agree Realty Corporation (NYSE:ADC) has risen 10.49% since July 17, 2016 and is uptrending. It has underperformed by 6.21% the S&P500.

Renewable Energy Group, Inc. is focused on providing cleaner, lower carbon intensity services and products. The company has market cap of $474.72 million. The Firm is a producer of biomass diesel in North America. It has a 14.11 P/E ratio. The Company’s divisions include Biomass diesel, Services, Renewable Chemicals and Corporate and other activities.

Investors sentiment increased to 1.93 in 2016 Q4. Its up 0.82, from 1.11 in 2016Q3. It improved, as 23 investors sold Agree Realty Corporation shares while 34 reduced holdings. 25 funds opened positions while 85 raised stakes. 22.13 million shares or 18.73% more from 18.64 million shares in 2016Q3 were reported. Wells Fargo And Mn, California-based fund reported 51,660 shares. Moreover, Bessemer has 0.01% invested in Agree Realty Corporation (NYSE:ADC) for 37,500 shares. Da Davidson & Comm holds 0% of its portfolio in Agree Realty Corporation (NYSE:ADC) for 2,518 shares. Mason Street Lc accumulated 5,715 shares or 0.01% of the stock. Tower Rech Ltd Liability Com (Trc) accumulated 0% or 314 shares. Crawford Inv Counsel Incorporated holds 0.05% or 29,617 shares in its portfolio. Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in Agree Realty Corporation (NYSE:ADC) for 1,224 shares. Voya Mgmt Limited Liability Com accumulated 0% or 10,404 shares. Ubs Asset Mngmt Americas stated it has 30,983 shares. State Of Alaska Department Of Revenue stated it has 0.06% of its portfolio in Agree Realty Corporation (NYSE:ADC). Blackrock Ltd owns 231,092 shares for 0.01% of their portfolio. Blackrock Institutional Tru Na invested 0.01% of its portfolio in Agree Realty Corporation (NYSE:ADC). Goldman Sachs Group, a New York-based fund reported 59,931 shares. Putnam Invests Limited Liability reported 0% of its portfolio in Agree Realty Corporation (NYSE:ADC). 17,200 were reported by Fort Washington Invest Advsrs Oh.

Since May 4, 2017, it had 4 insider purchases, and 0 selling transactions for $1.68 million activity. Another trade for 2,500 shares valued at $112,300 was bought by Rubenfaer William S.. RAKOLTA JOHN JR bought 10,000 shares worth $448,200. Another trade for 25,000 shares valued at $1.12 million was made by AGREE RICHARD on Thursday, May 4. $4,512 worth of Agree Realty Corporation (NYSE:ADC) was bought by Frankel Merrie S. on Wednesday, May 17.

Agree Realty Corporation is an integrated real estate investment trust (REIT) primarily focused on the ownership, acquisition, development and management of retail properties. The company has market cap of $1.36 billion. The Firm operates through Agree Limited Partnership (the Operating Partnership). It has a 21.86 P/E ratio. As of December 31, 2016, its portfolio consisted of 366 properties located in 43 states and totaling approximately seven million square feet of gross leasable area (GLA).

Among 10 analysts covering Agree Realty Corp (NYSE:ADC), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Agree Realty Corp had 19 analyst reports since October 28, 2015 according to SRatingsIntel. The rating was initiated by Wells Fargo with “Market Perform” on Thursday, January 26. The firm has “Hold” rating given on Monday, June 26 by Jefferies. The stock of Agree Realty Corporation (NYSE:ADC) earned “Buy” rating by Wunderlich on Friday, May 6. On Thursday, July 14 the stock rating was maintained by Jefferies with “Buy”. The rating was maintained by Wunderlich on Wednesday, July 27 with “Buy”. The firm has “Hold” rating by Jefferies given on Thursday, January 5. The stock has “Hold” rating by Jefferies on Monday, May 29. As per Friday, December 16, the company rating was initiated by Suntrust Robinson. The rating was initiated by Citigroup on Thursday, December 22 with “Neutral”. The stock of Agree Realty Corporation (NYSE:ADC) has “Hold” rating given on Monday, February 27 by Wunderlich.

Analysts await Renewable Energy Group Inc (NASDAQ:REGI) to report earnings on August, 3 after the close. They expect $0.04 EPS, down 75.00% or $0.12 from last year’s $0.16 per share. REGI’s profit will be $1.55M for 76.56 P/E if the $0.04 EPS becomes a reality. After $-0.41 actual EPS reported by Renewable Energy Group Inc for the previous quarter, Wall Street now forecasts -109.76% EPS growth.