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Agree Realty NYSE:ADC Stock Report

Last Price

US$56.68

Market Cap

US$5.7b

7D

0.5%

1Y

-16.1%

Updated

27 Mar, 2024

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
Valuation3/6
Future Growth2/6
Past Performance3/6
Financial Health3/6
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$56.68
52 Week HighUS$69.26
52 Week LowUS$52.69
Beta0.52
1 Month Change0.50%
3 Month Change-10.70%
1 Year Change-16.09%
3 Year Change-15.79%
5 Year Change-15.99%
Change since IPO190.67%

Recent News & Updates

Agree Realty: Why I Bought The 5.3% Yielding Commons

Mar 21

Agree Realty: Better Growth Prospects Than Realty Income

Mar 01

Recent updates

Agree Realty: Why I Bought The 5.3% Yielding Commons

Mar 21

Agree Realty: Better Growth Prospects Than Realty Income

Mar 01

Agree Realty: Strong Performance In Q4, Good Financial Position (Rating Upgrade)

Feb 22

W. P. Carey Vs. Agree Realty: Hell Hath No Fury Like An Income Investor Scorned

Feb 13

Agree Realty: Who Else Is Backing Up The Truck With Me?

Jan 30

Agree Realty: Off The Lows But Still A Long-Term Buy Candidate

Jan 08

Agree Realty: A 5%-Yielding Monthly Dividend Payer On My Radar

Dec 14

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

Shareholder Returns

ADCUS Retail REITsUS Market
7D0.5%0.7%0.4%
1Y-16.1%9.4%28.8%

Return vs Industry: ADC underperformed the US Retail REITs industry which returned 8.7% over the past year.

Return vs Market: ADC underperformed the US Market which returned 29.5% 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 Movement2.9%
Market Average Movement6.0%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.0%

Stable Share Price: ADC has not had significant price volatility in the past 3 months.

Volatility Over Time: ADC's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
197172Joey 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 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

How do Agree Realty's earnings and revenue compare to its market cap?
ADC fundamental statistics
Market capUS$5.69b
Earnings (TTM)US$162.12m
Revenue (TTM)US$537.50m

35.1x

P/E Ratio

10.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ADC income statement (TTM)
RevenueUS$537.50m
Cost of RevenueUS$66.72m
Gross ProfitUS$470.78m
Other ExpensesUS$308.66m
EarningsUS$162.12m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.62
Gross Margin87.59%
Net Profit Margin30.16%
Debt/Equity Ratio46.4%

How did ADC perform over the long term?

See historical performance and comparison

Dividends

5.2%

Current Dividend Yield

83%

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 27 2024
Dividend Pay DateApr 12 2024
Days until Ex dividend2 days
Days until Dividend pay date14 days

Does ADC pay a reliable dividends?

See ADC dividend history and benchmarks
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