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 March 31, 2019, the Company owned and operated a portfolio of 694 properties, located in 46 states and containing approximately 11.9 million square feet of gross leasable space.
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Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
Phone248-737-4190
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$148.20 million
Profitability
Miscellaneous
Employees36
Next Earnings Date10/28/2019 (Estimated)
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 Friday, April 26th. Shareholders of record on Friday, June 28th will be paid a dividend of $0.57 per share on Friday, July 12th. This represents a $2.28 annualized dividend and a yield of 3.17%. The ex-dividend date is Thursday, June 27th. This is a positive change from Agree Realty's previous quarterly dividend of $0.56. View Agree Realty's Dividend History.
How were Agree Realty's earnings last quarter?
Agree Realty Co. (NYSE:ADC) announced its earnings results on Monday, July, 22nd. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.74 by $0.29. The real estate investment trust had revenue of $44.92 million for the quarter, compared to analyst estimates of $44.05 million. Agree Realty had a net margin of 39.76% and a return on equity of 5.19%. View Agree Realty's Earnings History.
When is Agree Realty's next earnings date?
What price target have analysts set for ADC?
6 equities research analysts have issued 12 month price targets for Agree Realty's stock. Their predictions range from $57.00 to $75.00. On average, they anticipate Agree Realty's stock price to reach $68.20 in the next twelve months. This suggests that the stock has a possible downside of 5.2%. View Analyst Price Targets for Agree Realty.
What is the consensus analysts' recommendation for Agree Realty?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Agree Realty in the last year. There are currently 2 hold ratings, 3 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?
Headlines about ADC stock have been trending positive recently, according to InfoTrie. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Agree Realty earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the near term. View News Stories for Agree Realty.
Who are some of Agree Realty's key competitors?
Some companies that are related to Agree Realty include Duke Realty (DRE), Vornado Realty Trust (VNO), Host Hotels and Resorts (HST), Gecina (GECFF), Regency Centers (REG), Camden Property Trust (CPT), Federal Realty Investment Trust (FRT), VICI Properties (VICI), SINO LD LTD/S (SNLAY), Klepierre (KLPEF), Vereit (VER), Iron Mountain (IRM), National Retail Properties (NNN), AGNC Investment (AGNC) and Omega Healthcare Investors (OHI).
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 many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.19%), Vanguard Group Inc. (13.98%), Cohen & Steers Inc. (8.90%), Invesco Ltd. (6.88%), Nuveen Asset Management LLC (3.31%) and Northern Trust Corp (2.32%). Company insiders that own Agree Realty stock include Clayton R Thelen, Craig Erlich, Farris G Kalil, Joey Agree, John Rakolta Jr, John Rakolta, Jr, Laith Hermiz and Richard Agree. 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 JPMorgan Chase & Co., Cohen & Steers Inc., Waddell & Reed Financial Inc., Barings LLC, Eagle Asset Management Inc., William Blair Investment Management LLC, Bank of New York Mellon Corp and Texas Yale Capital Corp.. 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 purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Invesco Ltd., Citadel Advisors LLC, Vanguard Group Inc., BlackRock Inc., Balyasny Asset Management LLC, RVB Capital Management LLC and Russell Investments Group Ltd.. Company insiders that have bought Agree Realty stock in the last two years include Clayton R Thelen, Craig Erlich, Joey Agree, John Rakolta Jr, John Rakolta, Jr and Richard Agree. 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 $71.93.
How big of a company is Agree Realty?
Agree Realty has a market capitalization of $3.02 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.View Additional Information About Agree Realty.
What is Agree Realty's official website?
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)
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.
