ADC.PRA 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 |
Agree Realty Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$19.08 |
| 52 Week High | US$21.94 |
| 52 Week Low | US$16.67 |
| Beta | 0.62 |
| 11 Month Change | -9.66% |
| 3 Month Change | -3.49% |
| 1 Year Change | 11.32% |
| 33 Year Change | -19.70% |
| 5 Year Change | n/a |
| Change since IPO | -24.23% |
Recent News & Updates
Recent updates
Shareholder Returns
| ADC.PRA | US Retail REITs | US Market | |
|---|---|---|---|
| 7D | -0.8% | 2.1% | 0.3% |
| 1Y | 11.3% | 28.1% | 31.1% |
Return vs Industry: ADC.PRA underperformed the US Retail REITs industry which returned 27.4% over the past year.
Return vs Market: ADC.PRA underperformed the US Market which returned 30.3% over the past year.
Price Volatility
| ADC.PRA volatility | |
|---|---|
| ADC.PRA Average Weekly Movement | 2.7% |
| Retail REITs Industry Average Movement | 2.4% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in US Market | 15.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: ADC.PRA has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: ADC.PRA's weekly volatility (3%) has been stable 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.PRA fundamental statistics | |
|---|---|
| Market cap | US$7.96b |
| Earnings (TTM) | US$181.99m |
| Revenue (TTM) | US$600.53m |
43.8x
P/E Ratio13.3x
P/S RatioIs ADC.PRA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ADC.PRA income statement (TTM) | |
|---|---|
| Revenue | US$600.53m |
| Cost of Revenue | US$72.40m |
| Gross Profit | US$528.13m |
| Other Expenses | US$346.13m |
| Earnings | US$181.99m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.76 |
| Gross Margin | 87.94% |
| Net Profit Margin | 30.31% |
| Debt/Equity Ratio | 50.6% |
How did ADC.PRA perform over the long term?
See historical performance and comparisonDividends
3.9%
Current Dividend Yield82%
Payout RatioDoes ADC.PRA pay a reliable dividends?
See ADC.PRA dividend history and benchmarks| Agree Realty dividend dates | |
|---|---|
| Ex Dividend Date | Nov 22 2024 |
| Dividend Pay Date | Dec 02 2024 |
| Days until Ex dividend | 1 day |
| Days until Dividend pay date | 9 days |
Does ADC.PRA pay a reliable dividends?
See ADC.PRA dividend history and benchmarks