Agree Realty Corp (ADC)

$54.23

+0.37

(+0.69%)

Market is closed - opens 7 PM, 04 Oct 2023

Insights on Agree Realty Corp

  • Increasing Revenue

    Revenue is up for the last 14 quarters, 55.80M → 129.9M (in $), with an average increase of 6.3% per quarter

  • Increasing Net Profit

    Netprofit is up for the last 2 quarters, 5.04M → 39.00M (in $), with an average increase of 87.1% per quarter

  • Vs SPG

    In the last 1 year, Simon Property Group Inc. has given 12.9% return, outperforming this stock by 30.2%

  • Vs SPG

    In the last 3 years, Simon Property Group Inc. has given 58.6% return, outperforming this stock by 73.9%

Performance

  • $53.56
    $54.28
    $54.23
    downward going graph

    1.24%

    Downside

    Day's Volatility :1.34%

    Upside

    0.09%

    downward going graph
  • $53.44
    $73.47
    $54.23
    downward going graph

    1.46%

    Downside

    52 Weeks Volatility :27.26%

    Upside

    26.19%

    downward going graph

Returns

PeriodAgree Realty CorpSector (Real Estate)Index (Russel 2000)
3 Months
-18.75%
-10.8%
0.0%
6 Months
-20.4%
-8.5%
0.0%
1 Year
-19.32%
-9.0%
-0.4%
3 Years
-16.42%
-6.9%
14.9%

Highlights

Market Capitalization
5.2B
Book Value
$49.98
Dividend Share
2.871
Dividend Yield
5.28%
Earnings Per Share (EPS)
1.76
PE Ratio
30.81
PEG Ratio
-28.74
Wall Street Target Price
73.46
Profit Margin
33.71%
Operating Margin TTM
48.63%
Return On Assets TTM
2.21%
Return On Equity TTM
3.65%
Revenue TTM
483.1M
Revenue Per Share TTM
5.5
Quarterly Revenue Growth YOY
23.9%
Gross Profit TTM
377.5M
EBITDA
425.0M
Diluted Eps TTM
1.76
Quarterly Earnings Growth YOY
-0.07
EPS Estimate Current Year
1.7
EPS Estimate Next Year
1.72
EPS Estimate Current Quarter
0.43
EPS Estimate Next Quarter
0.43

Analyst Recommendation

Buy
    82%Buy
    17%Hold
    0
    0%Sell
Based on 17 Wall street analysts offering stock ratings for Agree Realty Corp(by analysts ranked 0 to 5 stars)
Based on 17 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
14
13
14
Hold
3
5
5
Sell
00
00
00

Analyst Forecast

What analysts predicted

Upside of 35.46%

Current $54.23
Target $73.46

Company Financials

FY17Y/Y Change
Revenue
116.6M
↑ 27.34%
Net Income
58.1M
↑ 28.8%
Net Profit Margin
49.86%
↑ 0.57%
FY18Y/Y Change
Revenue
148.2M
↑ 27.15%
Net Income
58.2M
↑ 0.1%
Net Profit Margin
39.25%
↓ 10.61%
FY19Y/Y Change
Revenue
187.5M
↑ 26.51%
Net Income
80.1M
↑ 37.66%
Net Profit Margin
42.71%
↑ 3.46%
FY20Y/Y Change
Revenue
248.6M
↑ 32.59%
Net Income
91.4M
↑ 14.11%
Net Profit Margin
36.76%
↓ 5.95%
FY21Y/Y Change
Revenue
339.3M
↑ 36.51%
Net Income
122.3M
↑ 33.81%
Net Profit Margin
36.03%
↓ 0.73%
FY22Y/Y Change
Revenue
429.8M
↑ 26.67%
Net Income
145.0M
↑ 18.59%
Net Profit Margin
33.74%
↓ 2.29%
Q1 FY22Q/Q Change
Revenue
98.3M
↑ 7.58%
Net Income
34.3M
↑ 3.33%
Net Profit Margin
34.83%
↓ 1.43%
Q2 FY22Q/Q Change
Revenue
104.9M
↑ 6.64%
Net Income
34.1M
↓ 0.41%
Net Profit Margin
32.53%
↓ 2.3%
Q3 FY22Q/Q Change
Revenue
110.1M
↑ 4.95%
Net Income
37.6M
↑ 10.12%
Net Profit Margin
34.13%
↑ 1.6%
Q4 FY22Q/Q Change
Revenue
116.5M
↑ 5.87%
Net Income
39.1M
↑ 4.0%
Net Profit Margin
33.52%
↓ 0.61%
Q1 FY23Q/Q Change
Revenue
126.6M
↑ 8.66%
Net Income
5.0M
↓ 87.09%
Net Profit Margin
3.98%
↓ 29.54%
Q2 FY23Q/Q Change
Revenue
129.9M
↑ 2.59%
Net Income
39.0M
↑ 673.53%
Net Profit Margin
30.03%
↑ 26.05%
FY17Y/Y Change
Total Assets
1.5B
↑ 34.42%
Total Liabilities
583.4M
↑ 36.83%
FY18Y/Y Change
Total Assets
2.0B
↑ 35.7%
Total Liabilities
789.7M
↑ 35.35%
FY19Y/Y Change
Total Assets
2.7B
↑ 31.37%
Total Liabilities
973.0M
↑ 23.21%
FY20Y/Y Change
Total Assets
3.9B
↑ 45.85%
Total Liabilities
1.4B
↑ 39.77%
FY21Y/Y Change
Total Assets
5.2B
↑ 34.5%
Total Liabilities
1.8B
↑ 32.92%
FY22Y/Y Change
Total Assets
6.7B
↑ 28.44%
Total Liabilities
2.1B
↑ 15.23%
Q1 FY22Q/Q Change
Total Assets
5.6B
↑ 7.88%
Total Liabilities
2.0B
↑ 8.59%
Q2 FY22Q/Q Change
Total Assets
6.0B
↑ 7.09%
Total Liabilities
2.1B
↑ 5.15%
Q3 FY22Q/Q Change
Total Assets
6.6B
↑ 8.58%
Total Liabilities
2.0B
↓ 2.74%
Q4 FY22Q/Q Change
Total Assets
6.7B
↑ 2.4%
Total Liabilities
2.1B
↑ 3.76%
FY17Y/Y Change
Operating Cash Flow
82.2M
↑ 33.15%
Investing Cash Flow
-327.1M
↑ 9.92%
Financing Cash Flow
262.3M
↓ 1.58%
FY18Y/Y Change
Operating Cash Flow
93.2M
↑ 13.44%
Investing Cash Flow
-568.1M
↑ 73.7%
Financing Cash Flow
470.1M
↑ 79.22%
FY19Y/Y Change
Operating Cash Flow
126.7M
↑ 35.88%
Investing Cash Flow
-667.5M
↑ 17.5%
Financing Cash Flow
529.0M
↑ 12.54%
FY20Y/Y Change
Operating Cash Flow
143.0M
↑ 12.82%
Investing Cash Flow
-1.3B
↑ 94.73%
Financing Cash Flow
1.1B
↑ 112.23%
FY21Y/Y Change
Operating Cash Flow
246.3M
↑ 72.3%
Investing Cash Flow
-1.4B
↑ 6.68%
Financing Cash Flow
1.2B
↑ 4.89%
FY22Y/Y Change
Operating Cash Flow
362.1M
↑ 47.02%
Investing Cash Flow
-1.6B
↑ 16.54%
Financing Cash Flow
1.2B
↑ 5.09%
Q1 FY22Q/Q Change
Operating Cash Flow
61.5M
↑ 1.85%
Investing Cash Flow
-438.8M
↑ 38.24%
Financing Cash Flow
357.8M
↑ 79.36%
Q2 FY22Q/Q Change
Operating Cash Flow
88.6M
↑ 44.18%
Investing Cash Flow
-382.8M
↓ 12.77%
Financing Cash Flow
295.5M
↓ 17.43%
Q3 FY22Q/Q Change
Operating Cash Flow
118.9M
↑ 34.12%
Investing Cash Flow
-362.0M
↓ 5.43%
Financing Cash Flow
467.5M
↑ 58.23%
Q4 FY22Q/Q Change
Operating Cash Flow
93.2M
↓ 21.61%
Investing Cash Flow
-1.6B
↑ 346.41%
Financing Cash Flow
116.7M
↓ 75.05%
Q1 FY23Q/Q Change
Operating Cash Flow
94.2M
↑ 1.07%
Investing Cash Flow
-331.1M
↓ 79.51%
Financing Cash Flow
221.0M
↑ 89.42%

Technicals Summary

Sell

Neutral

Buy

Agree Realty Corp is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Agree Realty Corp
Agree Realty Corp
-10.5%
-20.4%
-19.32%
-16.42%
4.87%
Realty Income Corporation
Realty Income Corporation
-11.33%
-22.08%
-18.72%
-22.55%
-13.35%
Simon Property Group Inc.
Simon Property Group Inc.
-8.97%
-6.93%
9.14%
52.17%
-38.12%
Federal Realty Investment Trust
Federal Realty Investment Trust
-8.3%
-10.33%
-5.37%
12.71%
-27.88%
Regency Centers Corporation
Regency Centers Corporation
-7.06%
-5.19%
3.57%
44.78%
-7.88%
Kimco Realty Corporation
Kimco Realty Corporation
-7.72%
-12.17%
-11.58%
43.1%
8.64%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Agree Realty Corp
Agree Realty Corp
30.6
30.6
-28.74
1.7
0.04
0.02
0.05
49.98
Realty Income Corporation
Realty Income Corporation
36.56
36.56
4.32
1.29
0.03
0.02
0.06
43.94
Simon Property Group Inc.
Simon Property Group Inc.
16.42
16.42
2.06
6.07
0.65
0.05
0.07
8.65
Federal Realty Investment Trust
Federal Realty Investment Trust
19.28
19.28
3.31
2.72
0.13
0.03
0.05
33.62
Regency Centers Corporation
Regency Centers Corporation
27.14
27.14
5.02
2.01
0.06
0.03
0.04
35.42
Kimco Realty Corporation
Kimco Realty Corporation
28.84
28.84
4.25
0.94
0.04
0.02
0.05
15.52
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Agree Realty Corp
Agree Realty Corp
Buy
$5.2B
4.87%
30.6
33.71%
Realty Income Corporation
Realty Income Corporation
Buy
$34.7B
-13.35%
36.56
23.51%
Simon Property Group Inc.
Simon Property Group Inc.
Buy
$40.4B
-38.12%
16.42
39.63%
Federal Realty Investment Trust
Federal Realty Investment Trust
Buy
$7.4B
-27.88%
19.28
34.88%
Regency Centers Corporation
Regency Centers Corporation
Buy
$10.6B
-7.88%
27.14
28.55%
Kimco Realty Corporation
Kimco Realty Corporation
Buy
$10.9B
8.64%
28.84
23.0%

Institutional Holdings

  • Vanguard Group Inc

    13.82%
  • BlackRock Inc

    11.70%
  • Principal Financial Group Inc

    6.14%
  • State Street Corporation

    5.12%
  • CenterSquare Investment Management LLC

    3.40%
  • Deutsche Bank AG

    3.24%

Corporate Announcements

  • Agree Realty Corp Dividends March,2023

    In the quarter ending March,2023. Agree Realty Corp has declared dividend of $0.24

    Read More

Company Information

agree realty corporation (nyse: adc) is a fully-integrated, self-administered, and self-managed reit focused on the development and acquisition of net lease retail properties throughout the united states. our growing portfolio of industry leading retailers consists of 267 assets in 41 states, containing approximately 4.8 million square feet. agree’s disciplined and focused investment strategy, its institutional access to capital, and the company’s industry-wide relationships, consistently produce high-quality opportunities with superior risk adjusted returns. the agree team’s expertise and strategic execution seeks to maximize value for all stakeholders. our innovative development and acquisition strategies, adaptive real estate technology, and extensive capabilities are relied upon by our industry leading partners, including walgreens, mcdonalds, jp morgan chase, pnc and wawa. building upon the foundation of excellence established throughout the past four decades, agree realty c

Organization
Agree Realty Corp
Employees
76
CEO
Mr. Joel N. Agree
Industry
Finance

FAQs