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ADC

Agree Realty NYSE:ADC Stock Report

Last Price

US$60.11

Market Cap

US$6.0b

7D

3.4%

1Y

-14.8%

Updated

04 Dec, 2023

Data

Company Financials +

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.

ADC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance3/6
Financial Health2/6
Dividends6/6

Agree Realty Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Agree Realty
Historical stock prices
Current Share PriceUS$60.11
52 Week HighUS$75.71
52 Week LowUS$52.69
Beta0
1 Month Change1.92%
3 Month Change-0.12%
1 Year Change-14.76%
3 Year Change-7.24%
5 Year Change-2.28%
Change since IPO208.26%

Recent News & Updates

Agree Realty: 4.9% Yield, Monthly Payer, Great Preferreds

Dec 04

Agree Realty And NNN REIT Q3: Solid Earnings Shows Why Both SWANs Are Great Buys Right Now

Nov 06

Recent updates

Agree Realty: 4.9% Yield, Monthly Payer, Great Preferreds

Dec 04

Agree Realty And NNN REIT Q3: Solid Earnings Shows Why Both SWANs Are Great Buys Right Now

Nov 06

Realty Income And Agree Realty: Less Dumb Than The Stereotypes

Oct 19

Perception Is Not The Reality: 2 REITs I'm Buying All The Way Down

Oct 13

Agree Realty: One Of The Best Picks For A High Interest Rate Environment

Sep 28

Agree Realty: The Monthly Payer Is Absolutely Cheap But Relatively Expensive

Sep 14

Agree Realty: Buy The Dip For The 4.8% Yield

Sep 08

High Annualized Upside From Agree Realty At A Low Valuation

Aug 29

Agree Realty: Putting Their Money Where Their Mouth Is

Aug 08

Agree Realty: A Great Time To Buy The Dip

Jul 31

Agree Realty: A Perfect Tenant Replacement Stock

Jul 11

Cost Of Capital Advantage Makes Agree Realty A Better Value Than Spirit Realty

Jun 30

Agree Realty: A Steady REIT Income Play

Jun 20

Agree Realty: From Ugly REIT Duckling To Super SWAN

Jun 14

Agree Realty: Not Worth Buying At The Current Price

Feb 19

Agree Realty declares $0.24 dividend

Feb 13

Agree Realty: Perfect Macro Setup For This High-Quality Retail REIT

Feb 03

Agree Realty declares $0.24 dividend

Jan 12

Agree Realty: Hold On, There Are Better Choices

Dec 28

Agree Realty declares $0.24 dividend

Dec 13

Agree Realty: Another Dividend Hike For This Monthly Paying Net Lease REIT

Nov 13

Agree Realty raises dividend by 3% to $0.24

Oct 13

Agree Realty to settle outstanding forward equity for $599M, announces stock offering

Sep 28

Agree Realty: Safe 3.7% Yield, But Overvalued

Sep 12

Better NNN SWAN: Realty Income's 4.4% Yield Or Agree Realty's 3.8%

Sep 01

Agree Realty: Moving To Hold After A Strong Run In Shares

Aug 18

Agree Realty declares $0.234 dividend

Aug 11

3 Top Defensive Stocks On The Eve Of The July Fed Meeting

Jul 26

Agree Realty declares $0.234 dividend

Jul 12

Forget Realty Income, Buy Agree Realty Instead

Jun 24

Agree Realty: Continues To Remain Attractive

May 25

Agree Realty And Simon Property: Opportunistic In Different Ways

Apr 15

STORE Capital And Agree Realty: 2 Net Lease REITs To Add On This Pullback

Mar 16

Agree Realty: Yes, You Can Earn High Yield And Sleep Well At Night

Mar 04

Shareholder Returns

ADCUS Retail REITsUS Market
7D3.4%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

Is ADC's price volatile compared to industry and market?
ADC volatility
ADC Average Weekly Movement2.8%
Retail REITs Industry Average Movement3.9%
Market Average Movement6.1%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.9%

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

FoundedEmployeesCEOWebsite
197176Joey Agreehttps://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

How do Agree Realty's earnings and revenue compare to its market cap?
ADC fundamental statistics
Market CapUS$6.03b
Earnings (TTM)US$157.12m
Revenue (TTM)US$509.86m

38.4x

P/E Ratio

11.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ADC income statement (TTM)
RevenueUS$509.86m
Cost of RevenueUS$62.18m
Gross ProfitUS$447.68m
Other ExpensesUS$290.57m
EarningsUS$157.12m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.57
Gross Margin87.81%
Net Profit Margin30.82%
Debt/Equity Ratio42.6%

How did ADC perform over the long term?

See historical performance and comparison

Dividends

4.9%

Current Dividend Yield

84%

Payout Ratio