ADC.PRA Stock Overview
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.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 3/6 |
| Financial Health | 3/6 |
| Dividends | 6/6 |
Agree Realty Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$17.12 |
| 52 Week High | US$19.35 |
| 52 Week Low | US$15.71 |
| Beta | 0.53 |
| 1 Month Change | -3.69% |
| 3 Month Change | -8.41% |
| 1 Year Change | -3.28% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -32.01% |
Recent News & Updates
Recent updates
Shareholder Returns
| ADC.PRA | US Retail REITs | US Market | |
|---|---|---|---|
| 7D | 1.4% | 0.7% | 0.3% |
| 1Y | -3.3% | 6.0% | 24.2% |
Return vs Industry: ADC.PRA underperformed the US Retail REITs industry which returned 5.4% over the past year.
Return vs Market: ADC.PRA underperformed the US Market which returned 22.8% over the past year.
Price Volatility
| ADC.PRA volatility | |
|---|---|
| ADC.PRA Average Weekly Movement | 2.0% |
| Retail REITs Industry Average Movement | 3.1% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: ADC.PRA has not had significant price volatility in the past 3 months.
Volatility Over Time: ADC.PRA's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1971 | 72 | Joey Agree | www.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 December 31, 2023, the Company owned and operated a portfolio of 2,135 properties, located in 49 states and containing approximately 44.2 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
| ADC.PRA fundamental statistics | |
|---|---|
| Market cap | US$5.77b |
| Earnings (TTM) | US$165.35m |
| Revenue (TTM) | US$560.33m |
35.2x
P/E Ratio10.4x
P/S RatioIs ADC.PRA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ADC.PRA income statement (TTM) | |
|---|---|
| Revenue | US$560.33m |
| Cost of Revenue | US$68.56m |
| Gross Profit | US$491.77m |
| Other Expenses | US$326.42m |
| Earnings | US$165.35m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.65 |
| Gross Margin | 87.76% |
| Net Profit Margin | 29.51% |
| Debt/Equity Ratio | 48.5% |
How did ADC.PRA perform over the long term?
See historical performance and comparison