ADC * Stock Overview
A publicly traded real estate investment trust that is RETHINKING RETAIL through the acquisition and development of properties net leased to industry-leading, omni-channel retail tenants. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 3/6 |
| Financial Health | 2/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
My Notes
Capture your thoughts, links and company narrative
Agree Realty Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$1,113.00 |
| 52 Week High | US$1,113.00 |
| 52 Week Low | US$961.65 |
| Beta | 0.62 |
| 1 Month Change | 0% |
| 3 Month Change | n/a |
| 1 Year Change | n/a |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -12.63% |
Recent News & Updates
Recent updates
Shareholder Returns
| ADC * | MX Retail REITs | MX Market | |
|---|---|---|---|
| 7D | 0% | -2.1% | -0.006% |
| 1Y | n/a | 10.0% | -8.3% |
Return vs Industry: Insufficient data to determine how ADC * performed against the MX Retail REITs industry.
Return vs Market: Insufficient data to determine how ADC * performed against the MX Market.
Price Volatility
| ADC * volatility | |
|---|---|
| ADC * Average Weekly Movement | n/a |
| Retail REITs Industry Average Movement | 3.8% |
| Market Average Movement | 4.1% |
| 10% most volatile stocks in MX Market | 6.8% |
| 10% least volatile stocks in MX Market | 2.7% |
Stable Share Price: ADC * has not had significant price volatility in the past 3 months.
Volatility Over Time: Insufficient data to determine ADC *'s volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1971 | 72 | Joey Agree | www.agreerealty.com |
Agree Realty Corporation (the “Company”), a Maryland corporation, is a fully integrated real estate investment trust (“REIT”) primarily focused on the ownership, acquisition, development and management of retail properties net leased to industry leading tenants. The Company was founded in 1971 by its current Executive Chairman, Richard Agree, and its common stock was listed on the New York Stock Exchange in 1994. As of March 31, 2024, the Company owned 2,161 properties, with a total gross leasable area (“GLA”) of approximately 44.9 million square feet.
Agree Realty Corporation Fundamentals Summary
| ADC * fundamental statistics | |
|---|---|
| Market cap | Mex$148.02b |
| Earnings (TTM) | Mex$3.53b |
| Revenue (TTM) | Mex$11.49b |
41.9x
P/E Ratio12.9x
P/S RatioIs ADC * overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ADC * income statement (TTM) | |
|---|---|
| Revenue | US$583.01m |
| Cost of Revenue | US$70.08m |
| Gross Profit | US$512.92m |
| Other Expenses | US$333.77m |
| Earnings | US$179.16m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.78 |
| Gross Margin | 87.98% |
| Net Profit Margin | 30.73% |
| Debt/Equity Ratio | 51.7% |
How did ADC * perform over the long term?
See historical performance and comparisonDividends
4.0%
Current Dividend Yield82%
Payout RatioDoes ADC * pay a reliable dividends?
See ADC * dividend history and benchmarks| Agree Realty dividend dates | |
|---|---|
| Ex Dividend Date | Sep 30 2024 |
| Dividend Pay Date | Oct 15 2024 |
| Days until Ex dividend | 144 days |
| Days until Dividend pay date | 129 days |
Does ADC * pay a reliable dividends?
See ADC * dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/09/30 07:11 |
| End of Day Share Price | 2024/07/03 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Agree Realty Corporation is covered by 35 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Wesley Golladay | Baird |
| Richard Hightower | Barclays |
| Nathan Crossett | Berenberg |