Agree Realty Corp (ADC)

$77.12

+0.11

(+0.14%)

Market is closed - opens 8 PM, 22 Nov 2024

Performance

  • $76.17
    $77.33
    $77.12
    downward going graph

    1.24%

    Downside

    Day's Volatility :1.51%

    Upside

    0.27%

    downward going graph
  • $54.28
    $77.58
    $77.12
    downward going graph

    29.62%

    Downside

    52 Weeks Volatility :30.03%

    Upside

    0.59%

    downward going graph

Returns

PeriodAgree Realty CorpSector (Real Estate)Index (Russel 2000)
3 Months
5.86%
2.8%
0.0%
6 Months
26.77%
12.9%
0.0%
1 Year
35.11%
20.5%
0.0%
3 Years
10.85%
-9.8%
-24.5%

Highlights

Market Capitalization
8.4B
Book Value
$49.55
Dividend Share
2.982
Dividend Yield
3.92%
Earnings Per Share (EPS)
1.81
PE Ratio
42.83
PEG Ratio
-28.74
Wall Street Target Price
79.25
Profit Margin
31.62%
Operating Margin TTM
48.82%
Return On Assets TTM
2.32%
Return On Equity TTM
3.62%
Revenue TTM
600.5M
Revenue Per Share TTM
5.99
Quarterly Revenue Growth YOY
12.8%
Gross Profit TTM
377.5M
EBITDA
465.1M
Diluted Eps TTM
1.81
Quarterly Earnings Growth YOY
0.03
EPS Estimate Current Year
1.79
EPS Estimate Next Year
1.8
EPS Estimate Current Quarter
0.43
EPS Estimate Next Quarter
0.43

Analyst Recommendation

Buy
    80%Buy
    20%Hold
    0
    0%Sell
Based on 20 Wall street analysts offering stock ratings for Agree Realty Corp(by analysts ranked 0 to 5 stars)
Based on 20 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
16
16
15
Hold
4
4
4
Sell
00
00
00

Analyst Forecast

What analysts predicted

Upside of 2.76%

Current $77.12
Target $79.25

Company Financials

FY18Y/Y Change
Revenue
148.2M
↑ 27.15%
Net Income
58.2M
↑ 0.1%
Net Profit Margin
39.25%
↓ 10.61%
FY19Y/Y Change
Revenue
187.5M
↑ 26.51%
Net Income
80.1M
↑ 37.66%
Net Profit Margin
42.71%
↑ 3.46%
FY20Y/Y Change
Revenue
248.6M
↑ 32.59%
Net Income
91.4M
↑ 14.11%
Net Profit Margin
36.76%
↓ 5.95%
FY21Y/Y Change
Revenue
363.6M
↑ 46.28%
Net Income
122.3M
↑ 33.81%
Net Profit Margin
33.63%
↓ 3.13%
FY22Y/Y Change
Revenue
463.2M
↑ 27.38%
Net Income
152.4M
↑ 24.67%
Net Profit Margin
32.91%
↓ 0.72%
FY23Y/Y Change
Revenue
537.5M
↑ 16.05%
Net Income
170.0M
↑ 11.49%
Net Profit Margin
31.62%
↓ 1.29%
Q2 FY23Q/Q Change
Revenue
129.9M
↑ 2.59%
Net Income
40.9M
↑ 710.39%
Net Profit Margin
31.46%
↑ 27.48%
Q3 FY23Q/Q Change
Revenue
136.8M
↑ 5.32%
Net Income
41.5M
↑ 1.6%
Net Profit Margin
30.35%
↓ 1.11%
Q4 FY23Q/Q Change
Revenue
144.2M
↑ 5.37%
Net Income
46.0M
↑ 10.68%
Net Profit Margin
31.88%
↑ 1.53%
Q1 FY24Q/Q Change
Revenue
149.5M
↑ 3.67%
Net Income
44.9M
↓ 2.38%
Net Profit Margin
30.02%
↓ 1.86%
Q2 FY24Q/Q Change
Revenue
152.6M
↑ 2.09%
Net Income
54.7M
↑ 21.99%
Net Profit Margin
35.87%
↑ 5.85%
Q3 FY24Q/Q Change
Revenue
154.3M
↑ 1.15%
Net Income
44.4M
↓ 18.91%
Net Profit Margin
28.75%
↓ 7.12%
FY18Y/Y Change
Total Assets
2.0B
↑ 35.7%
Total Liabilities
789.7M
↑ 35.35%
FY19Y/Y Change
Total Assets
2.7B
↑ 31.37%
Total Liabilities
973.0M
↑ 23.21%
FY20Y/Y Change
Total Assets
3.9B
↑ 45.85%
Total Liabilities
1.4B
↑ 39.77%
FY21Y/Y Change
Total Assets
5.2B
↑ 34.5%
Total Liabilities
1.8B
↑ 32.92%
FY22Y/Y Change
Total Assets
6.7B
↑ 28.44%
Total Liabilities
2.1B
↑ 15.23%
FY23Y/Y Change
Total Assets
7.8B
↑ 15.81%
Total Liabilities
2.6B
↑ 23.62%
Q2 FY23Q/Q Change
Total Assets
7.3B
↑ 4.09%
Total Liabilities
2.3B
↑ 4.81%
Q3 FY23Q/Q Change
Total Assets
7.6B
↑ 5.16%
Total Liabilities
2.4B
↑ 4.7%
Q4 FY23Q/Q Change
Total Assets
7.8B
↑ 1.67%
Total Liabilities
2.6B
↑ 7.2%
Q1 FY24Q/Q Change
Total Assets
7.9B
↑ 1.21%
Total Liabilities
2.7B
↑ 4.45%
Q2 FY24Q/Q Change
Total Assets
8.0B
↑ 1.68%
Total Liabilities
2.8B
↑ 5.52%
Q3 FY24Q/Q Change
Total Assets
8.2B
↑ 2.29%
Total Liabilities
2.9B
↑ 1.83%
FY18Y/Y Change
Operating Cash Flow
93.2M
↑ 13.44%
Investing Cash Flow
-568.1M
↑ 73.7%
Financing Cash Flow
470.1M
↑ 79.22%
FY19Y/Y Change
Operating Cash Flow
126.7M
↑ 35.88%
Investing Cash Flow
-667.5M
↑ 17.5%
Financing Cash Flow
529.0M
↑ 12.54%
FY20Y/Y Change
Operating Cash Flow
143.0M
↑ 12.82%
Investing Cash Flow
-1.3B
↑ 94.73%
Financing Cash Flow
1.1B
↑ 112.23%
FY21Y/Y Change
Operating Cash Flow
246.3M
↑ 72.3%
Investing Cash Flow
-1.4B
↑ 6.68%
Financing Cash Flow
1.2B
↑ 4.89%
FY22Y/Y Change
Operating Cash Flow
362.1M
↑ 47.02%
Investing Cash Flow
-1.6B
↑ 16.54%
Financing Cash Flow
1.2B
↑ 5.09%
Q2 FY23Q/Q Change
Operating Cash Flow
89.6M
↓ 4.9%
Investing Cash Flow
-332.3M
↑ 0.35%
Financing Cash Flow
242.0M
↑ 9.53%
Q3 FY23Q/Q Change
Operating Cash Flow
109.9M
↑ 22.67%
Investing Cash Flow
-1.1B
↑ 226.15%
Financing Cash Flow
304.6M
↑ 25.86%

Technicals Summary

Sell

Neutral

Buy

Agree Realty Corp is currently in a neutral trading position according to technical analysis indicators.

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Agree Realty Corp
Agree Realty Corp
2.71%
26.77%
35.11%
10.85%
3.82%
Realty Income Corporation
Realty Income Corporation
-10.83%
3.27%
6.22%
-19.54%
-25.65%
Simon Property Group Inc.
Simon Property Group Inc.
3.85%
22.26%
48.59%
7.69%
23.48%
Federal Realty Investment Trust
Federal Realty Investment Trust
-0.06%
11.71%
23.23%
-12.86%
-13.0%
Regency Centers Corporation
Regency Centers Corporation
4.09%
23.87%
22.28%
1.03%
16.56%
Kimco Realty Corporation
Kimco Realty Corporation
4.28%
31.91%
34.82%
3.94%
17.57%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Agree Realty Corp
Agree Realty Corp
42.4
42.83
-28.74
1.79
0.04
0.02
0.04
49.55
Realty Income Corporation
Realty Income Corporation
53.85
54.46
5.97
1.33
0.03
0.02
0.06
43.94
Simon Property Group Inc.
Simon Property Group Inc.
24.05
24.1
6.13
6.56
0.81
0.06
0.05
8.19
Federal Realty Investment Trust
Federal Realty Investment Trust
32.71
32.92
4.23
3.15
0.09
0.03
0.04
34.74
Regency Centers Corporation
Regency Centers Corporation
35.02
35.16
5.04
2.05
0.06
0.03
0.04
36.14
Kimco Realty Corporation
Kimco Realty Corporation
46.09
46.39
3.71
0.52
0.04
0.02
0.04
15.61
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Agree Realty Corp
Agree Realty Corp
Buy
$8.3B
3.82%
42.4
31.62%
Realty Income Corporation
Realty Income Corporation
Buy
$49.5B
-25.65%
53.85
17.54%
Simon Property Group Inc.
Simon Property Group Inc.
Hold
$67.9B
23.48%
24.05
41.48%
Federal Realty Investment Trust
Federal Realty Investment Trust
Buy
$9.6B
-13.0%
32.71
24.79%
Regency Centers Corporation
Regency Centers Corporation
Buy
$13.5B
16.56%
35.02
27.1%
Kimco Realty Corporation
Kimco Realty Corporation
Hold
$16.8B
17.57%
46.09
19.58%

Insights on Agree Realty Corp

  • Increasing Revenue

    Revenue is up for the last 11 quarters, 98.34M → 154.33M (in $), with an average increase of 4.4% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 2 quarters, 54.72M → 44.37M (in $), with an average decrease of 18.9% per quarter

  • Vs SPG

    In the last 1 year, Simon Property Group Inc. has given 48.6% return, outperforming this stock by 13.5%

Institutional Holdings

  • Vanguard Group Inc

    13.20%
  • BlackRock Inc

    12.26%
  • State Street Corp

    4.64%
  • Cohen & Steers Inc

    4.34%
  • Principal Financial Group Inc

    3.86%
  • CenterSquare Investment Management LLC

    3.08%

Corporate Announcements

  • Agree Realty Corp Dividends March,2024

    In the quarter ending March,2024. Agree Realty Corp has declared dividend of $0.25

    Read More

Company Information

agree realty corporation (nyse: adc) is a fully-integrated, self-administered, and self-managed reit focused on the development and acquisition of net lease retail properties throughout the united states. our growing portfolio of industry leading retailers consists of 267 assets in 41 states, containing approximately 4.8 million square feet. agree’s disciplined and focused investment strategy, its institutional access to capital, and the company’s industry-wide relationships, consistently produce high-quality opportunities with superior risk adjusted returns. the agree team’s expertise and strategic execution seeks to maximize value for all stakeholders. our innovative development and acquisition strategies, adaptive real estate technology, and extensive capabilities are relied upon by our industry leading partners, including walgreens, mcdonalds, jp morgan chase, pnc and wawa. building upon the foundation of excellence established throughout the past four decades, agree realty c

Organization
Agree Realty Corp
Employees
72
CEO
Mr. Richard A. Agree
Industry
Finance

FAQs