ADC.PR.A logo

Agree Realty NYSE:ADC.PR.A Stock Report

Last Price

US$17.92

Market Cap

US$8.0b

7D

1.3%

1Y

-1.2%

Updated

05 Mar, 2025

Data

Company Financials +

Agree Realty Corporation

NYSE:ADC.PR.A Stock Report

Market Cap: US$8.0b

ADC.PR.A 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

ADC.PR.A fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance3/6
Financial Health2/6
Dividends5/6

Rewards

Trading at 43.6% below our estimate of its fair value

Earnings are forecast to grow 10.24% per year

Earnings grew by 11.8% over the past year

Pays a reliable dividend of 4.02%

Risk Analysis

Interest payments are not well covered by earnings


Community vs My Fair Value

Create Narrative

Select a narrative for quick price alerts from the community, or create your own.

My Notes

Capture your thoughts, links and company narrative

Agree Realty Corporation Competitors

NNN REIT

NYSE:NNN

US$8.0b

Federal Realty Investment Trust

NYSE:FRT

US$8.9b

Brixmor Property Group

NYSE:BRX

US$8.3b

Phillips Edison

NasdaqGS:PECO

US$5.1b

Price History & Performance

Summary of share price highs, lows and changes for Agree Realty
Historical stock prices
Current Share PriceUS$17.92
52 Week HighUS$21.94
52 Week LowUS$16.67
Beta0.66
1 Month Change0.38%
3 Month Change-8.77%
1 Year Change-1.17%
3 Year Change-10.19%
5 Year Changen/a
Change since IPO-28.84%

Recent News & Updates

Recent updates

Shareholder Returns

ADC.PR.AUS Retail REITsUS Market
7D1.3%0.06%-3.1%
1Y-1.2%13.7%13.1%

Return vs Industry: ADC.PR.A underperformed the US Retail REITs industry which returned 13.7% over the past year.

Return vs Market: ADC.PR.A underperformed the US Market which returned 13.1% over the past year.

Price Volatility

Is ADC.PR.A's price volatile compared to industry and market?
ADC.PR.A volatility
ADC.PR.A Average Weekly Movement2.4%
Retail REITs Industry Average Movement3.2%
Market Average Movement6.2%
10% most volatile stocks in US Market17.2%
10% least volatile stocks in US Market3.2%

Stable Share Price: ADC.PR.A has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: ADC.PR.A's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
197175Joey Agreewww.agreerealty.com

Agree Realty Corporation is 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. As of September 30, 2024, the Company owned and operated a portfolio of 2,271 properties, located in 49 states and containing approximately 47.2 million square feet of gross leasable area. The Company's common stock is listed on the New York Stock Exchange under the symbol "ADC".

Agree Realty Corporation Fundamentals Summary

How do Agree Realty's earnings and revenue compare to its market cap?
ADC.PR.A fundamental statistics
Market capUS$7.97b
Earnings (TTM)US$181.28m
Revenue (TTM)US$617.10m

44.6x

P/E Ratio

13.1x

P/S Ratio

Is ADC.PR.A overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ADC.PR.A income statement (TTM)
RevenueUS$617.10m
Cost of RevenueUS$74.85m
Gross ProfitUS$542.25m
Other ExpensesUS$360.97m
EarningsUS$181.28m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.69
Gross Margin87.87%
Net Profit Margin29.38%
Debt/Equity Ratio50.5%

How did ADC.PR.A perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

81%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/05 00:43
End of Day Share Price 2025/03/05 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 36 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wesley GolladayBaird
Richard HightowerBarclays
Nathan CrossettBerenberg