ADC * Stock Overview
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. 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
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 |
| 11 Month Change | 0% |
| 3 Month Change | n/a |
| 1 Year Change | n/a |
| 33 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% | -3.6% | -1.3% |
| 1Y | n/a | 18.9% | -4.0% |
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 | 2.7% |
| Market Average Movement | 4.1% |
| 10% most volatile stocks in MX Market | 6.2% |
| 10% least volatile stocks in MX Market | 2.6% |
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 | 53 days |
| Days until Dividend pay date | 38 days |
Does ADC * pay a reliable dividends?
See ADC * dividend history and benchmarks