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

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$65.31 +1.42 (+2.22 %)
(As of 04/22/2019 06:00 AM ET)
Previous Close$65.31
Today's Range$63.71 - $65.35
52-Week Range$47.22 - $70.25
Volume233,245 shs
Average Volume259,761 shs
Market Capitalization$2.45 billion
P/E Ratio22.92
Dividend Yield3.40%
Beta0.19
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 December 31, 2018, the Company owned and operated a portfolio of 645 properties, located in 46 states and containing approximately 11.2 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

Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
CUSIP00849210
Phone248-737-4190

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$148.20 million
Cash Flow$2.9849 per share
Book Value$35.92 per share

Profitability

Net Income$58.17 million

Miscellaneous

Employees36
Market Cap$2.45 billion
Next Earnings Date4/22/2019 (Confirmed)
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 declared a quarterly dividend on Wednesday, February 27th. Shareholders of record on Friday, March 29th will be given a dividend of $0.555 per share on Friday, April 12th. This represents a $2.22 annualized dividend and a yield of 3.40%. The ex-dividend date of this dividend is Thursday, March 28th. View Agree Realty's Dividend History.

How were Agree Realty's earnings last quarter?

Agree Realty Co. (NYSE:ADC) issued its earnings results on Thursday, February, 21st. The real estate investment trust reported $0.37 earnings per share for the quarter, missing analysts' consensus estimates of $0.73 by $0.36. The real estate investment trust earned $40.70 million during the quarter, compared to analyst estimates of $39.47 million. Agree Realty had a return on equity of 5.63% and a net margin of 39.23%. 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, April 22nd 2019. View Earnings Estimates for Agree Realty.

What price target have analysts set for ADC?

7 analysts have issued 12-month price targets for Agree Realty's shares. Their forecasts range from $57.00 to $75.00. On average, they anticipate Agree Realty's stock price to reach $66.3333 in the next year. This suggests a possible upside of 1.6% from the stock's current price. 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 2 hold ratings, 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Agree Realty.

Has Agree Realty been receiving favorable news coverage?

Media headlines about ADC stock have trended somewhat positive on Monday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Agree Realty earned a news impact score of 1.2 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term.

Who are some of Agree Realty's key competitors?

What other stocks do shareholders of Agree Realty own?

Who are Agree Realty's key executives?

Agree Realty's management team includes the folowing people:
  • Mr. Richard A. Agree, Exec. Chairman (Age 75)
  • Mr. Joel N. Agree, Pres, CEO & Director (Age 40)
  • Mr. Clayton R. Thelen CPA, CFO & Sec. (Age 35)
  • Mr. Laith M. Hermiz, COO & Exec. VP (Age 48)
  • Mr. David A. Wolff, Chief Accounting Officer (Age 50)

Who are Agree Realty's major shareholders?

Agree Realty's stock is owned by a number of of institutional and retail investors. Top institutional investors include Tributary Capital Management LLC (0.65%), Huntington National Bank (0.19%), Strs Ohio (0.14%), Manning & Napier Group LLC (0.11%), State of Alaska Department of Revenue (0.06%) and Louisiana State Employees Retirement System (0.04%). Company insiders that own Agree Realty stock include Clayton R Thelen, Farris G Kalil, 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 Strs Ohio and Huntington National Bank. Company insiders that have sold Agree Realty company stock in the last year include Farris G Kalil and Laith Hermiz. View Insider Buying and Selling for Agree Realty.

Which major investors are buying Agree Realty stock?

ADC stock was bought by a variety of institutional investors in the last quarter, including Tributary Capital Management LLC, Landsberg Bennett & Dubbaneh LLC, Manning & Napier Group LLC, Nisa Investment Advisors LLC, State of Alaska Department of Revenue and Louisiana State Employees Retirement System. 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 $65.31.

How big of a company is Agree Realty?

Agree Realty has a market capitalization of $2.45 billion and generates $148.20 million in revenue each year. The real estate investment trust earns $58.17 million in net income (profit) each year or $2.85 on an earnings per share basis. Agree Realty employs 36 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:  333 (Vote Outperform)
Underperform Votes:  222 (Vote Underperform)
Total Votes:  555
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 4/22/2019 by MarketBeat.com Staff

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