Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Agree Realty (ADC)
NYSE:ADC
Holding ADC?
Track your performance easily
ADC Stock Chart & Stats
Day’s Range― - ―
52-Week Range$54.28 - $78.39
Previous CloseN/A
Volume169.03K
Average Volume (3M)971.09K
Market Cap
$7.44B
Enterprise Value$10.57B
Total Cash (Recent Filing)$33.40M
Total Debt (Recent Filing)$400.92M
Price to Earnings (P/E)39.7
Beta0.49
Next Earnings
Feb 11, 2025EPS Estimate
0.43Next Dividend Ex-Date
Jan 31, 2025Dividend Yield4.18%
Share Statistics
EPS (TTM)1.81
Shares Outstanding103,522,675
10 Day Avg. Volume737,698
30 Day Avg. Volume971,088
Standard Deviation0.06
R-Squared0.37
Alpha-0.00223
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)12.38
Price to Cash Flow (P/CF)13.20
P/FCF Ratio0.00
Enterprise Value/Market Cap1.42
Enterprise Value/Revenue17.60
Enterprise Value/Gross Profit19.66
Enterprise Value/Ebitda20.00
Forecast
1Y Price Target
$79.86Price Target Upside9.41% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering16
Agree Realty News
Bulls Say, Bears Say
Bulls Say
Analyst RecommendationAnalyst's recommendation for ADC is an outperform rating with a price target of $82.
Investment GuidanceADC introduced 2025 investment guidance of $1.2 billion, representing a 26% year-over-year increase.
Tenant QualityThe company achieved investment grade exposure at approximately 68.2% of annualized base rents, indicating high tenant quality.
Bears Say
Capital RequirementsADC’s growth requires sustained capital raising, which could pose challenges.
Peer ComparisonADC trades at a premium to peers, raising debates on whether it is overvalued.
ValuationShares trade at one of the highest multiples, representing a four-turn premium to the net-lease REIT sector average, suggesting limited potential for multiple expansion and fair valuation.
---
Ownership Overview
1.81% Insiders
32.03% Mutual Funds
0.10% Other Institutional Investors
38.83% 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.
---
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?
Agree Realty’s market cap is $7.44B.
When is Agree Realty’s upcoming earnings report date?
Agree Realty’s upcoming earnings report date is Feb 11, 2025 which is in 12 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 $2.994 which represents an annual dividend yield of 4.18%. 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 2.098%.
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.
---
Agree Realty Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$79.86 (9.41% Upside)
$79.86 (9.41% Upside)
Blogger Sentiment
Bullish
ADC Sentiment 95%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 95.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $700.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.3%
Last 30 Days ▲ 2.0%
Last 30 Days ▲ 2.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
27.27%
12-Months-Change
Fundamentals
Return on Equity
3.59%
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.
---
ADC Company Deck
---
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
$79.86
▲(9.41% Upside)
Technical Analysis
Kimco Realty
―
National Retail Properties
―
Realty Income
―
W. P. Carey Inc.
―
Federal Realty
―
Best Analysts Covering ADC
1 Year
1 Year Success Rate
17/25 ratings generated profit
1 Year Average Return
+11.26%
reiterated a buy rating 14 days ago
Copying Ki Bin Kim's trades and holding each position for 1 Year would result in 68.00% of your transactions generating a profit, with an average return of +11.26% per trade.
---