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ADC

Agree Realty NYSE:ADC Stock Report

Last Price

US$67.27

Market Cap

US$6.1b

7D

-2.0%

1Y

4.9%

Updated

22 Mar, 2023

Data

Company Financials +

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.

ADC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance3/6
Financial Health3/6
Dividends4/6

My Notes

Capture your thoughts, links and company narrative

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$67.27
52 Week HighUS$80.44
52 Week LowUS$63.34
Beta0.48
1 Month Change-10.07%
3 Month Change-4.66%
1 Year Change4.91%
3 Year Change12.81%
5 Year Change39.56%
Change since IPO244.97%

Recent News & Updates

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

Recent updates

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

Agree Realty: A Wide Moat REIT With A Wider Margin Of Safety

Jan 31

Agree Realty: The Best Mid-Cap Net Lease REIT To Own For The Next 5 Years

Dec 23

Top 5 REITs For 2022

Dec 09

If You Like Fungible Rectangles, You Will Love Agree Realty

Nov 21

Agree Realty: An Investment-Grade REIT With A Strong Outlook

Oct 23

Buy The Drop On Agree Realty

Sep 28

Agree Realty: Buy This If We Dip Further

Sep 21

Agree Realty Is Worthy Of A Premium Valuation

Aug 02

Agree Realty: Look For Another Acquisition Guidance Hike Before Buying More At This Price

Jul 19

Agree Realty Continues To Go Above And Beyond

May 06

Agree Realty FFO beats by $0.01, beats on revenue

May 03

Agree Realty Corporation's (NYSE:ADC) CEO Compensation Is Looking A Bit Stretched At The Moment

May 01
Agree Realty Corporation's (NYSE:ADC) CEO Compensation Is Looking A Bit Stretched At The Moment

Shareholder Returns

ADCUS Retail REITsUS Market
7D-2.0%0%0%
1Y4.9%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

Is ADC's price volatile compared to industry and market?
ADC volatility
ADC Average Weekly Movement2.9%
Retail REITs Industry Average Movement0%
Market Average Movement0%
10% most volatile stocks in US Market0%
10% least volatile stocks in US Market0%

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 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

How do Agree Realty's earnings and revenue compare to its market cap?
ADC fundamental statistics
Market CapUS$6.05b
Earnings (TTM)US$144.62m
Revenue (TTM)US$429.81m

41.9x

P/E Ratio

14.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ADC income statement (TTM)
RevenueUS$429.81m
Cost of RevenueUS$52.28m
Gross ProfitUS$377.53m
Other ExpensesUS$232.91m
EarningsUS$144.62m

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.61
Gross Margin87.84%
Net Profit Margin33.65%
Debt/Equity Ratio41.9%

How did ADC perform over the long term?

See historical performance and comparison

Dividends

4.3%

Current Dividend Yield

153%

Payout Ratio

Does ADC pay a reliable dividends?

See ADC dividend history and benchmarks
When do you need to buy ADC by to receive an upcoming dividend?
Agree Realty dividend dates
Ex Dividend DateMar 30 2023
Dividend Pay DateApr 14 2023
Days until Ex dividend7 days
Days until Dividend pay date22 days

Does ADC pay a reliable dividends?

See ADC dividend history and benchmarks