Laith Hermiz - Agree Realty Chief Operating Officer, Executive Vice President

ADC Stock  USD 76.80  0.60  0.78%   

President

Mr. Laith M. Hermiz is Chief Operating Officer, Executive Vice President of the Company. Prior to joining our Company, Mr. Hermiz served as Vice President DevelopmentRedevelopment of RamcoGershenson Properties Trust from July 2007 to April 2010. Previously, Mr. Hermiz was Managing Director of Joseph Freed and Associates LLC from April 2004 to July 2007 since 2021.
Age 49
Tenure 3 years
Address 32301 Woodward Avenue, Royal Oak, MI, United States, 48073
Phone248 737 4190
Webhttps://www.agreerealty.com
Hermiz holds a BS degree from Loyola University — Chicago and a Juris Doctorate degree from University of DetroitMercy School of Law. He is a licensed attorney and real estate broker in the State of Michigan and is an active member of the State Bar of Michigan and the International Council of Shopping Centers.

Agree Realty Management Efficiency

The company has Return on Asset of 0.0232 % which means that on every $100 spent on assets, it made $0.0232 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0362 %, implying that it generated $0.0362 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.
Agree Realty has 2.41 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. Note however, debt could still be an excellent tool for Agree to invest in growth at high rates of return.

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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 Retail 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.
Simon Leopold, Chief Financial Officer, Executive Vice President, Company Secretary
Joel Agree, President, Chief Executive Officer, Director
Michael Judlowe, Independent Director
Karen Dearing, Independent Director
Larry Kaufman, Chief Improvement
Josh Bratton, Director Development
Marc Brandt, Vice Management
Jessica Katz, Director Culture
John Rakolta, Independent Director
Danielle Spehar, General Counsel
Dan Theeck, Director Compliance
Reuben CPA, Senior Finance
Peter Coughenour, Chief Financial Officer, Company Secretary
Richard Agree, Executive Chairman and Chairman of Executive Committee
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
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
Danielle JD, General Counsel
Michael Hollman, Independent Director
Joel JD, CEO President

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.

Also Currently Popular

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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 closely tied 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.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Retail REITs space 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
0.032
Dividend Share
2.982
Earnings Share
1.81
Revenue Per Share
5.985
Quarterly Revenue Growth
0.128
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.