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Agree Realty (ADC)
NYSE:ADC
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ADC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$54.28 - $77.58
Previous Close$77.12
Volume43.15K
Average Volume (3M)971.86K
Market Cap
$8.00B
Enterprise Value$10.65B
Total Cash (Recent Filing)$13.24M
Total Debt (Recent Filing)$2.68B
Price to Earnings (P/E)42.7
Beta0.42
Next Earnings
Feb 20, 2025EPS Estimate
$0.43Next Dividend Ex-Date
Nov 29, 2024Dividend Yield3.87%
Share Statistics
EPS (TTM)1.81
Shares Outstanding103,522,677
10 Day Avg. Volume820,066
30 Day Avg. Volume971,864
Standard Deviation0.06
R-Squared0.33
Alpha-0.00321
Financial Highlights & Ratios
Price to Book (P/B)1.56
Price to Sales (P/S)13.36
Price to Cash Flow (P/CF)14.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue17.73
Enterprise Value/Gross Profit19.81
Enterprise Value/Ebitda20.14
Forecast
1Y Price Target
$79.23Price Target Upside2.50% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
Agree Realty News
Bulls Say, Bears Say
Bulls Say
Acquisition And Growth StrategyADC increased its acquisition expectations to $850 million, showcasing a strong commitment to growth and expansion.
Financial Liquidity And Capital ManagementADC has over $1.9 billion of liquidity to execute on external growth, highlighting its robust financial position.
Investment PerformanceManagement continues to focus on higher-yielding investments, with recent acquisitions delivering notably higher returns than previous ones.
Bears Say
Debt LevelsADC’s net debt compared to recurring earnings before interest, taxes, depreciation, and amortization has increased.
Share DilutionHigher share count dilution due to the treasury stock account on their forward equity balance is likely to mostly offset the lease termination fee impact.
Tenant QualityExposure to investment-grade rated tenants decreased to 67.5%, driven by fewer acquisitions of high-quality tenants.
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Ownership Overview
1.77% Insiders
29.93% Mutual Funds
28.93% Other Institutional Investors
12.03% 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 $77.58 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 89 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 $0.25 which represents an annual dividend yield of 3.87%. 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 2.084%.
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
Strong Buy
Average Price Target:
$79.23 (2.50% Upside)
$79.23 (2.50% Upside)
Blogger Sentiment
Bullish
ADC Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 95.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 0.1%
Last 30 Days ▼ 0.1%
Technicals
SMA
Positive
20 days / 200 days
Momentum
41.86%
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
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ADC Stock 12 Month Forecast
Average Price Target
$79.23
▲(2.50% Upside)
Technical Analysis
Best Analysts Covering ADC
1 Year
1 Year Success Rate
17/24 ratings generated profit
1 Year Average Return
+12.55%
reiterated a buy rating 25 days ago
Copying Ki Bin Kim's trades and holding each position for 1 Year would result in 70.83% of your transactions generating a profit, with an average return of +12.55% per trade.
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