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Agree Realty (ADC)
NYSE:ADC
Holding ADC?
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ADC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$54.28 - $78.39
Previous Close$70.17
Volume4.30M
Average Volume (3M)933.02K
Market Cap
$7.19B
Enterprise Value$9.85B
Total Cash (Recent Filing)$13.24M
Total Debt (Recent Filing)$2.68B
Price to Earnings (P/E)38.4
Beta0.48
Next Earnings
Feb 20, 2025EPS Estimate
$0.43Next Dividend Ex-Date
Dec 31, 2024Dividend Yield4.29%
Share Statistics
EPS (TTM)1.81
Shares Outstanding103,522,677
10 Day Avg. Volume5,584,051
30 Day Avg. Volume933,022
Standard Deviation0.06
R-Squared0.35
Alpha-0.00211
Financial Highlights & Ratios
Price to Book (P/B)1.42
Price to Sales (P/S)11.97
Price to Cash Flow (P/CF)12.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue16.41
Enterprise Value/Gross Profit18.33
Enterprise Value/Ebitda18.64
Forecast
1Y Price Target
$79.25Price Target Upside12.94% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering19
Agree Realty News
Bulls Say, Bears Say
Bulls Say
Acquisition And Growth StrategyAgree Realty Corporation has revised its full-year acquisition guidance upward, indicating an acceleration in acquisition volumes.
Liquidity And Financial FlexibilityAgree Realty Corporation has achieved record-level liquidity of over $1.9 billion, enhancing its financial flexibility.
Portfolio And Tenant QualityADC is one of the best-positioned compared to peers in terms of tenant credit risk, with little to no exposure to theater or fitness, and elevated exposure to grocery stores, home improvement, and tire/auto service.
Bears Say
Capital RaisingADC’s growth requires sustained capital raising, which could pose challenges.
Credit QualityExposure to IG rated tenants decreased to 67.5%, driven by lower IG acquisitions in 3Q24.
ValuationADC trades at a premium to peers, raising debates on whether it is overvalued.
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Ownership Overview
1.77% Insiders
31.09% Mutual Funds
29.05% Other Institutional Investors
10.47% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ADC FAQ
What was Agree Realty’s price range in the past 12 months?
Agree Realty lowest stock price was $54.28 and its highest was $78.39 in the past 12 months.
What is Agree Realty’s market cap?
Currently, no data Available
When is Agree Realty’s upcoming earnings report date?
Agree Realty’s upcoming earnings report date is Feb 20, 2025 which is in 61 days.
How were Agree Realty’s earnings last quarter?
Agree Realty released its earnings results on Oct 22, 2024. The company reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.434 by -$0.014.
Is Agree Realty overvalued?
According to Wall Street analysts Agree Realty’s price is currently Undervalued.
Does Agree Realty pay dividends?
Agree Realty pays a Monthly dividend of $0.252 which represents an annual dividend yield of 4.29%. See more information on Agree Realty dividends here
What is Agree Realty’s EPS estimate?
Agree Realty’s EPS estimate is $0.43.
How many shares outstanding does Agree Realty have?
Agree Realty has 103,522,675 shares outstanding.
What happened to Agree Realty’s price movement after its last earnings report?
Agree Realty reported an EPS of $0.42 in its last earnings report, missing expectations of $0.434. Following the earnings report the stock price went up 2.091%.
Which hedge fund is a major shareholder of Agree Realty?
Among the largest hedge funds holding Agree Realty’s share is Fisher Asset Management LLC. It holds Agree Realty’s shares valued at 9M.
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Agree Realty Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$79.25 (12.94% Upside)
$79.25 (12.94% Upside)
Blogger Sentiment
Bullish
ADC Sentiment 95%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 95.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 6.1%
Last 30 Days ▼ 6.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
18.73%
12-Months-Change
Fundamentals
Return on Equity
3.60%
Trailing 12-Months
Asset Growth
7.02%
Trailing 12-Months
Company Description
Agree Realty
Agree Realty Corp. is a real estate investment trust, which focuses on the ownership, development, acquisition, and management of retail properties net leased to national tenants. It specializes in acquiring and developing net leased retail properties for retail tenants. The company was founded by Richard Agree in 1971 and is headquartered in Bloomfield Hills, MI.
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ADC Company Deck
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ADC Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflected a positive outlook with strong growth in acquisitions, improved credit ratings, and robust liquidity, offset slightly by exposure to tenant bankruptcies and minor credit losses.Read More>---
ADC Stock 12 Month Forecast
Average Price Target
$79.25
▲(12.94% Upside)
Technical Analysis
Realty Income
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Essential Properties Realty
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W. P. Carey Inc.
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National Retail Properties
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Best Analysts Covering ADC
1 Year
1 Year Success Rate
8/10 ratings generated profit
1 Year Average Return
+9.96%
reiterated a buy rating 8 months ago
Copying Linda Tsai's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +9.96% per trade.
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