ADC 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 | 2/6 |
| Dividends | 6/6 |
Agree Realty Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$60.11 |
| 52 Week High | US$75.71 |
| 52 Week Low | US$52.69 |
| Beta | 0 |
| 1 Month Change | 1.92% |
| 3 Month Change | -0.12% |
| 1 Year Change | -14.76% |
| 3 Year Change | -7.24% |
| 5 Year Change | -2.28% |
| Change since IPO | 208.26% |
Recent News & Updates
Agree Realty: 4.9% Yield, Monthly Payer, Great Preferreds
Dec 04Agree Realty And NNN REIT Q3: Solid Earnings Shows Why Both SWANs Are Great Buys Right Now
Nov 06Recent updates
Agree Realty: 4.9% Yield, Monthly Payer, Great Preferreds
Dec 04Agree Realty And NNN REIT Q3: Solid Earnings Shows Why Both SWANs Are Great Buys Right Now
Nov 06Realty Income And Agree Realty: Less Dumb Than The Stereotypes
Oct 19Perception Is Not The Reality: 2 REITs I'm Buying All The Way Down
Oct 13Agree Realty: One Of The Best Picks For A High Interest Rate Environment
Sep 28Agree Realty: The Monthly Payer Is Absolutely Cheap But Relatively Expensive
Sep 14Agree Realty: Buy The Dip For The 4.8% Yield
Sep 08High Annualized Upside From Agree Realty At A Low Valuation
Aug 29Agree Realty: Putting Their Money Where Their Mouth Is
Aug 08Agree Realty: A Great Time To Buy The Dip
Jul 31Agree Realty: A Perfect Tenant Replacement Stock
Jul 11Cost Of Capital Advantage Makes Agree Realty A Better Value Than Spirit Realty
Jun 30Agree Realty: A Steady REIT Income Play
Jun 20Agree Realty: From Ugly REIT Duckling To Super SWAN
Jun 14Agree Realty: Not Worth Buying At The Current Price
Feb 19Agree Realty declares $0.24 dividend
Feb 13Agree Realty: Perfect Macro Setup For This High-Quality Retail REIT
Feb 03Agree Realty declares $0.24 dividend
Jan 12Agree Realty: Hold On, There Are Better Choices
Dec 28Agree Realty declares $0.24 dividend
Dec 13Agree Realty: Another Dividend Hike For This Monthly Paying Net Lease REIT
Nov 13Agree Realty raises dividend by 3% to $0.24
Oct 13Agree Realty to settle outstanding forward equity for $599M, announces stock offering
Sep 28Agree Realty: Safe 3.7% Yield, But Overvalued
Sep 12Better NNN SWAN: Realty Income's 4.4% Yield Or Agree Realty's 3.8%
Sep 01Agree Realty: Moving To Hold After A Strong Run In Shares
Aug 18Agree Realty declares $0.234 dividend
Aug 113 Top Defensive Stocks On The Eve Of The July Fed Meeting
Jul 26Agree Realty declares $0.234 dividend
Jul 12Forget Realty Income, Buy Agree Realty Instead
Jun 24Agree Realty: Continues To Remain Attractive
May 25Agree Realty And Simon Property: Opportunistic In Different Ways
Apr 15STORE Capital And Agree Realty: 2 Net Lease REITs To Add On This Pullback
Mar 16Agree Realty: Yes, You Can Earn High Yield And Sleep Well At Night
Mar 04Shareholder Returns
| ADC | US Retail REITs | US Market | |
|---|---|---|---|
| 7D | 3.4% | 4.2% | 1.1% |
| 1Y | -14.8% | -3.9% | 11.7% |
Return vs Industry: ADC underperformed the US Retail REITs industry which returned -3.9% over the past year.
Return vs Market: ADC underperformed the US Market which returned 11.7% over the past year.
Price Volatility
| ADC volatility | |
|---|---|
| ADC Average Weekly Movement | 2.8% |
| Retail REITs Industry Average Movement | 3.9% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: ADC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: ADC's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1971 | 76 | Joey Agree | https://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 September 30, 2023, the Company owned and operated a portfolio of 2,084 properties, located in 49 states and containing approximately 43.2 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 fundamental statistics | |
|---|---|
| Market Cap | US$6.03b |
| Earnings (TTM) | US$157.12m |
| Revenue (TTM) | US$509.86m |
38.4x
P/E Ratio11.8x
P/S RatioIs ADC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ADC income statement (TTM) | |
|---|---|
| Revenue | US$509.86m |
| Cost of Revenue | US$62.18m |
| Gross Profit | US$447.68m |
| Other Expenses | US$290.57m |
| Earnings | US$157.12m |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.57 |
| Gross Margin | 87.81% |
| Net Profit Margin | 30.82% |
| Debt/Equity Ratio | 42.6% |
How did ADC perform over the long term?
See historical performance and comparison