NYSE:ADC - Agree Realty Stock Price, Price Target & More

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$53.74 +0.30 (+0.56 %)
(As of 06/21/2018 06:02 AM ET)
Previous Close$53.44
Today's Range$53.33 - $53.97
52-Week Range$43.74 - $54.16
Volume206,200 shs
Average Volume181,753 shs
Market Capitalization$1.55 billion
P/E Ratio19.22
Dividend Yield3.89%
Beta0.39
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 December 31, 2017, the Company owned and operated a portfolio of 436 properties, located in 43 states and containing approximately 8.7 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

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

Debt

Debt-to-Equity Ratio0.61
Current Ratio0.70
Quick Ratio0.70

Price-To-Earnings

Trailing P/E Ratio19.22
Forward P/E Ratio18.47
P/E Growth3.67

Sales & Book Value

Annual Sales$116.56 million
Price / Sales13.41
Cash Flow$3.1262 per share
Price / Cash17.19
Book Value$31.19 per share
Price / Book1.72

Profitability

EPS (Most Recent Fiscal Year)$2.72
Net Income$58.11 million
Net Margins48.16%
Return on Equity6.97%
Return on Assets4.23%

Miscellaneous

Employees32
Outstanding Shares29,090,000

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 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 yield of 4.02%. The ex-dividend date of this dividend is Thursday, June 28th. This is a boost 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) released its quarterly earnings results on Monday, April, 23rd. The real estate investment trust reported $0.53 EPS for the quarter, missing analysts' consensus estimates of $0.71 by $0.18. The real estate investment trust had revenue of $34.57 million for the quarter, compared to analyst estimates of $33.45 million. Agree Realty had a return on equity of 6.97% and a net margin of 48.16%. 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, July, 23rd 2018. View Earnings Estimates for Agree Realty.

What price target have analysts set for ADC?

7 Wall Street analysts have issued 12 month target prices for Agree Realty's shares. Their forecasts range from $51.00 to $58.00. On average, they expect Agree Realty's share price to reach $55.1429 in the next twelve months. 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?

Media headlines about ADC stock have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Agree Realty earned a daily sentiment score of 0.18 on Accern's scale. They also gave news stories about the real estate investment trust an impact score of 46.47 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

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. (15.42%), Principal Financial Group Inc. (4.65%), Principal Financial Group Inc. (4.65%), Northern Trust Corp (3.13%), Uniplan Investment Counsel Inc. (2.21%) and Barings LLC (1.86%). 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 Sei Investments Co., Employees Retirement System of Texas, GSA Capital Partners LLP, Crawford Investment Counsel Inc., Advantus Capital Management Inc, Dalton Greiner Hartman Maher & Co., Franklin Resources Inc. and American International Group Inc.. 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 Principal Financial Group Inc., Principal Financial Group Inc., Millennium Management LLC, Uniplan Investment Counsel Inc., BlackRock Inc., Citadel Advisors LLC, Nuveen Asset Management LLC and Heitman Real Estate Securities LLC. 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 $53.74.

How big of a company is Agree Realty?

Agree Realty has a market capitalization of $1.55 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 (ADC)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  268 (Vote Outperform)
Underperform Votes:  171 (Vote Underperform)
Total Votes:  439
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 6/21/2018 by MarketBeat.com Staff

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