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

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$56.30 +0.17 (+0.30 %)
(As of 08/21/2018 04:00 PM ET)
Previous Close$56.13
Today's Range$55.94 - $56.30
52-Week Range$43.74 - $56.30
Volume148,845 shs
Average Volume212,062 shs
Market Capitalization$1.63 billion
P/E Ratio20.64
Dividend Yield3.86%
Agree Realty logoAgree 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 June 30, 2018, the Company owned and operated a portfolio of 481 properties, located in 44 states and containing approximately 9.3 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". For additional information, please visit www.agreerealty.com.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryRetail REITs


Debt-to-Equity Ratio0.71
Current Ratio1.03
Quick Ratio1.03


Trailing P/E Ratio20.64
Forward P/E Ratio19.41
P/E Growth3.86

Sales & Book Value

Annual Sales$116.56 million
Price / Sales14.05
Cash Flow$3.1313 per share
Price / Cash17.98
Book Value$31.19 per share
Price / Book1.81


EPS (Most Recent Fiscal Year)$2.72
Net Income$58.11 million
Net Margins43.90%
Return on Equity6.53%
Return on Assets3.87%


Outstanding Shares29,090,000
Market Cap$1.63 billion

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, May 15th. Investors of record on Friday, June 29th will be paid a dividend of $0.54 per share on Friday, July 13th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 3.84%. The ex-dividend date is Thursday, June 28th. This is a positive change from Agree Realty's previous quarterly dividend of $0.52. View Agree Realty's Dividend History.

How were Agree Realty's earnings last quarter?

Agree Realty Co. (NYSE:ADC) issued its earnings results on Monday, July, 23rd. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.38 by $0.06. The real estate investment trust had revenue of $35.71 million for the quarter, compared to analysts' expectations of $35.50 million. Agree Realty had a net margin of 43.90% and a return on equity of 6.53%. 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 Monday, October, 22nd 2018. View Earnings Estimates for Agree Realty.

What price target have analysts set for ADC?

7 equities research analysts have issued 12-month price targets for Agree Realty's stock. Their forecasts range from $51.00 to $58.00. On average, they expect Agree Realty's share price to reach $55.8571 in the next twelve months. This suggests that the stock has a possible downside of 0.8%. View Analyst Price Targets for Agree Realty.

What is the consensus analysts' recommendation for Agree Realty?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Agree Realty in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Agree Realty.

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.

Has Agree Realty been receiving favorable news coverage?

News coverage about ADC stock has trended somewhat positive recently, according to Accern. Accern identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Agree Realty earned a news impact score of 0.05 on Accern's scale. They also assigned news stories about the real estate investment trust an impact score of 47.22 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for Agree Realty.

Who are Agree Realty's major shareholders?

Agree Realty's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (17.16%), Bank of New York Mellon Corp (2.90%), Barings LLC (1.83%), Russell Investments Group Ltd. (1.77%), American Century Companies Inc. (1.71%) and Citadel Advisors LLC (1.69%). Company insiders that own Agree Realty stock include Clayton R Thelen, Gene Silverman, John Rakolta Jr, 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 Millennium Management LLC, FMR LLC, Advisors Asset Management Inc., Renaissance Technologies LLC, Eagle Asset Management Inc., Wells Fargo & Company MN, RVB Capital Management LLC and WINTON GROUP Ltd. View Insider Buying and Selling for Agree Realty.

Which major investors are buying Agree Realty stock?

ADC stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Waddell & Reed Financial Inc., Sei Investments Co., Russell Investments Group Ltd., Heitman Real Estate Securities LLC, American Century Companies Inc., Dimensional Fund Advisors LP and Bank of New York Mellon Corp. Company insiders that have bought Agree Realty stock in the last two years include Clayton R Thelen, Gene Silverman, 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 $56.28.

How big of a company is Agree Realty?

Agree Realty has a market capitalization of $1.63 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.

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:  3.1 out of 5 (star star star)
Outperform Votes:  290 (Vote Outperform)
Underperform Votes:  185 (Vote Underperform)
Total Votes:  475
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 8/21/2018 by MarketBeat.com Staff

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