NYSE:ADC - Agree Realty Stock Price, News, & Analysis

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$58.00 -1.87 (-3.12 %)
(As of 12/18/2018 06:46 AM ET)
Previous Close$59.87
Today's Range$57.57 - $60.13
52-Week Range$43.74 - $63.00
Volume1.23 million shs
Average Volume354,722 shs
Market Capitalization$2.06 billion
P/E Ratio21.01
Dividend Yield3.61%
Beta0.13
Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants. As of September 30, 2018, the Company owned and operated a portfolio of 520 properties, located in 45 states and containing approximately 10.0 million square feet of gross leasable space. The common stock of Agree Realty Corporation is listed on the New York Stock Exchange under the symbol "ADC".

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
Current SymbolNYSE:ADC
Previous Symbol
CUSIP00849210
Phone248-737-4190

Debt

Debt-to-Equity Ratio0.58
Current Ratio1.09
Quick Ratio1.09

Price-To-Earnings

Trailing P/E Ratio21.01
Forward P/E Ratio20.21
P/E Growth4.18

Sales & Book Value

Annual Sales$116.56 million
Price / Sales17.16
Cash Flow$3.0130 per share
Price / Cash Flow19.25
Book Value$31.19 per share
Price / Book1.86

Profitability

EPS (Most Recent Fiscal Year)$2.72
Net Income$58.11 million
Net Margins44.17%
Return on Equity6.46%
Return on Assets3.85%

Miscellaneous

Employees32
Outstanding Shares34,480,000
Market Cap$2.06 billion
OptionableOptionable

Agree Realty (NYSE:ADC) Frequently Asked Questions

What is Agree Realty's stock symbol?

Agree Realty trades on the New York Stock Exchange (NYSE) under the ticker symbol "ADC."

How often does Agree Realty pay dividends? What is the dividend yield for Agree Realty?

Agree Realty announced a quarterly dividend on Tuesday, December 4th. Investors of record on Friday, December 21st will be paid a dividend of $0.555 per share on Friday, January 4th. This represents a $2.22 dividend on an annualized basis and a yield of 3.83%. The ex-dividend date is Thursday, December 20th. This is a boost from Agree Realty's previous quarterly dividend of $0.54. View Agree Realty's Dividend History.

How were Agree Realty's earnings last quarter?

Agree Realty Co. (NYSE:ADC) released its quarterly earnings results on Monday, October, 22nd. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.38 by $0.10. The real estate investment trust earned $37.31 million during the quarter, compared to the consensus estimate of $36.97 million. Agree Realty had a return on equity of 6.46% and a net margin of 44.17%. View Agree Realty's Earnings History.

When is Agree Realty's next earnings date?

Agree Realty is scheduled to release their next quarterly earnings announcement on Thursday, February 28th 2019. View Earnings Estimates for Agree Realty.

What price target have analysts set for ADC?

8 brokers have issued 12-month target prices for Agree Realty's stock. Their forecasts range from $55.00 to $70.00. On average, they anticipate Agree Realty's share price to reach $61.1250 in the next twelve months. This suggests a possible upside of 5.4% from the stock's current price. View Analyst Price Targets for Agree Realty.

What is the consensus analysts' recommendation for Agree Realty?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Agree Realty in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Agree Realty.

Has Agree Realty been receiving favorable news coverage?

Headlines about ADC stock have trended negative on Tuesday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Agree Realty earned a media sentiment score of -2.4 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the immediate future.

Who are some of Agree Realty's key competitors?

Who are Agree Realty's key executives?

Agree Realty's management team includes the folowing people:
  • Mr. Richard A. Agree, Exec. Chairman (Age 74)
  • Mr. Joel N. Agree, Pres, CEO & Director (Age 39)
  • Mr. Clayton Thelen CPA, CFO & Sec. (Age 34)
  • Mr. Laith M. Hermiz, COO & Exec. VP (Age 47)
  • Mr. Peter Coughenour, Director of Corp. Fin.

Who are Agree Realty's major shareholders?

Agree Realty's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.07%), Cohen & Steers Inc. (12.29%), Vanguard Group Inc. (9.84%), Vanguard Group Inc (9.84%), Deutsche Bank AG (4.84%) and Bank of New York Mellon Corp (2.57%). Company insiders that own Agree Realty stock include Clayton R Thelen, John Rakolta Jr, John Rakolta, Jr, Laith Hermiz, Merrie S Frankel, Richard Agree and William S Rubenfaer. View Institutional Ownership Trends for Agree Realty.

Which major investors are selling Agree Realty stock?

ADC stock was sold by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Uniplan Investment Counsel Inc., AQR Capital Management LLC, Renaissance Technologies LLC, Advisors Asset Management Inc., AMP Capital Investors Ltd, FMR LLC and Citadel Advisors LLC. View Insider Buying and Selling for Agree Realty.

Which major investors are buying Agree Realty stock?

ADC stock was purchased by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., JPMorgan Chase & Co., JPMorgan Chase & Co., BlackRock Inc., American Century Companies Inc., Monashee Investment Management LLC, Barings LLC and Morgan Stanley. Company insiders that have bought Agree Realty stock in the last two years include Clayton R Thelen, John Rakolta Jr, John Rakolta, Jr, Merrie S Frankel, Richard Agree and William S Rubenfaer. View Insider Buying and Selling for Agree Realty.

How do I buy shares of Agree Realty?

Shares of ADC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Agree Realty's stock price today?

One share of ADC stock can currently be purchased for approximately $58.00.

How big of a company is Agree Realty?

Agree Realty has a market capitalization of $2.06 billion and generates $116.56 million in revenue each year. The real estate investment trust earns $58.11 million in net income (profit) each year or $2.72 on an earnings per share basis. Agree Realty employs 32 workers across the globe.

What is Agree Realty's official website?

The official website for Agree Realty is http://agreerealty.com.

How can I contact Agree Realty?

Agree Realty's mailing address is 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI, 48304. The real estate investment trust can be reached via phone at 248-737-4190 or via email at [email protected]


MarketBeat Community Rating for Agree Realty (NYSE ADC)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  314 (Vote Outperform)
Underperform Votes:  210 (Vote Underperform)
Total Votes:  524
MarketBeat's community ratings are surveys of what our community members think about Agree Realty and other stocks. Vote "Outperform" if you believe ADC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ADC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/18/2018 by MarketBeat.com Staff

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