ADC Stock Overview
Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 3/6 |
| Financial Health | 3/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
My Notes
Capture your thoughts, links and company narrative
Agree Realty Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$67.27 |
| 52 Week High | US$80.44 |
| 52 Week Low | US$63.34 |
| Beta | 0.48 |
| 1 Month Change | -10.07% |
| 3 Month Change | -4.66% |
| 1 Year Change | 4.91% |
| 3 Year Change | 12.81% |
| 5 Year Change | 39.56% |
| Change since IPO | 244.97% |
Recent News & Updates
Agree 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 03Recent updates
Agree 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 04Agree Realty: A Wide Moat REIT With A Wider Margin Of Safety
Jan 31Agree Realty: The Best Mid-Cap Net Lease REIT To Own For The Next 5 Years
Dec 23Top 5 REITs For 2022
Dec 09If You Like Fungible Rectangles, You Will Love Agree Realty
Nov 21Agree Realty: An Investment-Grade REIT With A Strong Outlook
Oct 23Buy The Drop On Agree Realty
Sep 28Agree Realty: Buy This If We Dip Further
Sep 21Agree Realty Is Worthy Of A Premium Valuation
Aug 02Agree Realty: Look For Another Acquisition Guidance Hike Before Buying More At This Price
Jul 19Agree Realty Continues To Go Above And Beyond
May 06Agree Realty FFO beats by $0.01, beats on revenue
May 03Agree Realty Corporation's (NYSE:ADC) CEO Compensation Is Looking A Bit Stretched At The Moment
May 01
Shareholder Returns
| ADC | US Retail REITs | US Market | |
|---|---|---|---|
| 7D | -2.0% | 0% | 0% |
| 1Y | 4.9% | 0% | 0% |
Return vs Industry: Insufficient data to determine how ADC performed against the US industry.
Return vs Market: ADC exceeded the US Market which returned -11.6% over the past year.
Price Volatility
| ADC volatility | |
|---|---|
| ADC Average Weekly Movement | 2.9% |
| Retail REITs Industry Average Movement | 0% |
| Market Average Movement | 0% |
| 10% most volatile stocks in US Market | 0% |
| 10% least volatile stocks in US Market | 0% |
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 primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants. As of September 30, 2020, the Company owned and operated a portfolio of 1,027 properties, located in 45 states and containing approximately 21.0 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$6.05b |
| Earnings (TTM) | US$144.62m |
| Revenue (TTM) | US$429.81m |
41.9x
P/E Ratio14.1x
P/S RatioIs ADC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ADC income statement (TTM) | |
|---|---|
| Revenue | US$429.81m |
| Cost of Revenue | US$52.28m |
| Gross Profit | US$377.53m |
| Other Expenses | US$232.91m |
| Earnings | US$144.62m |
Last Reported Earnings
Dec 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.61 |
| Gross Margin | 87.84% |
| Net Profit Margin | 33.65% |
| Debt/Equity Ratio | 41.9% |
How did ADC perform over the long term?
See historical performance and comparisonDividends
4.3%
Current Dividend Yield153%
Payout RatioDoes ADC pay a reliable dividends?
See ADC dividend history and benchmarks| Agree Realty dividend dates | |
|---|---|
| Ex Dividend Date | Mar 30 2023 |
| Dividend Pay Date | Apr 14 2023 |
| Days until Ex dividend | 7 days |
| Days until Dividend pay date | 22 days |
Does ADC pay a reliable dividends?
See ADC dividend history and benchmarks