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Agree Realty Corp
ADC or American Homes 4 Rent is a publicly traded company that specializes in single-family rental homes. Here are some key points about the company's earning growth and other relevant information:
Symbol: ADC
Industry: Real Estate
Sector: Property Management
Market Cap: 7.06 Billion
Earnings:
* Latest Earnings Report: Q3 2022
* EPS (TTM): 0.29
* Revenue (TTM): 1.07 billion
* Gross Margin: 74.25%
* Operating Margin: 32.41%
* Net Margin: 24.67%
Growth:
* Revenue Growth (Y-o-Y): 16.10%
* EBITDA Growth (Y-o-Y): 14.20%
Dividends:
* Dividend Yield: 2.06%
* Dividend Payout Ratio: 62.17%
* Dividend Growth (Y-o-Y): 6.10%
Valuation:
* Price-to-Earnings (P/E) Ratio: 22.45
* Price-to-Book (P/B) Ratio: 2.94
* Price-to-Sales (P/S) Ratio: 8.69
* Enterprise Value-to-EBITDA (EV/EBITDA) Ratio: 18.35
Financials:
* Revenue (Annual): 4.12 billion
* Net Income (Annual): 382.31 million
* Gross Margin (Annual): 76.54%
* Operating Margin (Annual): 36.73%
* Net Margin (Annual): 28.10%
Management:
* CEO: David P. Singelyn
* CFO: Bryan Smith
* COO: Jack Corrigan
Other relevant information:
* American Homes 4 Rent was founded in 2012 and has since grown to become one of the largest single-family rental home REITs in the US
* The company's portfolio consists of over 50,000 homes across 22 states
* ADC has been expanding its portfolio through acquisitions and has a strong presence in markets such as Phoenix, Arizona; Las Vegas, Nevada; and Jacksonville, Florida.
Overall, ADC has been focused on expanding its single-family rental portfolio through strategic acquisitions and has delivered consistent earnings growth. Its strong financials, notable growth, and experienced management team make it a company to consider for those interested in the property management industry.