Agree Realty Corporation – NYSE:ADC

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$73.3

+4.27%

Market open

Closed in about 3 hours

+9.57%

month

+9.57%

quarter

+11.61%

year

Market Cap	7.21B
Enterprise value	9.94B

P/E	37.15
EV/Sales	16.55
EV/EBITDA	19.88
Price/Sales	12.11
Price/Book	1.33
PEG ratio	15.82
EPS	1.7

Revenue	560.33M
EBITDA	425.67M
Income	173.20M
Revenue Q/Q	18.03%
Revenue Y/Y	20.09%

Profit margin	31.62%
Oper. margin	48.43%
Gross margin	63.23%
EBIT margin	48.43%
EBITDA margin	75.97%

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10 years history
Forward ratios (Analysts estimates)

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Agree Realty Stock Forecast

M Q Y

Last Year

$77

Potential upside: 5.04%

Analysts Price target
Financials & Ratios estimates

Agree Realty Corporation (NYSE:ADC): Profit margin
Jun 2023	129.9M	40.86M	31.46%
Sep 2023	136.81M	41.52M	30.35%
Dec 2023	144.16M	45.95M	31.88%
Mar 2024	149.45M	44.85M	30.02%

Dividends

Paying a dividend greater than earnings.

Agree Realty Corporation (NYSE:ADC): Payout ratio
Payout ratio	161.58%

Agree Realty Corporation (NYSE:ADC): Dividend Yield
2019	3.17%
2020	3.36%
2021	4.11%
2022	4.08%
2023	4.76%

ADC dividends history

Agree Realty Corporation (NYSE:ADC): Debt to assets
Jun 2023	7272006000	2.29B	31.55%
Sep 2023	7647106000	2.40B	31.41%
Dec 2023	7774836000	2.57B	33.12%
Mar 2024	7868665000	2.68B	34.18%

Agree Realty Corporation (NYSE:ADC): Cash Flow
Jun 2023	89.55M	-332.26M	242.01M
Sep 2023	109.86M	-420.32M	304.60M
Dec 2023	97.96M	-191.29M	101.46M
Mar 2024	103.14M	-125.96M	23.73M

Agree Realty alternative data

Agree Realty Corporation (NYSE:ADC): Employee count
Aug 2023	76
Sep 2023	76
Oct 2023	76
Nov 2023	76
Dec 2023	76
Jan 2024	76
Feb 2024	76
Mar 2024	72
Apr 2024	72
May 2024	72
Jun 2024	72
Jul 2024	72

Agree Realty
Hedge Funds Holdings Q1 2022

100.00% 0.00%

of ADC is owned by hedge funds

307 -11

hedge funds hold ADC stock

77.54M +1.29M

shares is hold by hedge funds

ADC hedge funds holdings changes

Agree Realty Corporation (NYSE:ADC): Insider trades (number of shares)
Period	Buy	Sel
Jan 2024	10500	0
Feb 2024	62032	0
Mar 2024	450	0
May 2024	21000	0
Dec 2024	30275	0

Transaction	Date	Insider	Security	Shares	Price per share	Total value
Purchase	23 Dec 2024	RAKOLTA JOHN JR director director	Common Shares	10,000	$70.07	$700,700
Purchase	20 Dec 2024	RAKOLTA JOHN JR director director	Common Shares	20,275	$70.33	$1,425,941
Purchase	23 May 2024	RAKOLTA JOHN JR director director	Common Shares	10,000	$59.4	$594,000
Purchase	23 May 2024	RAKOLTA JOHN JR director director	Common Shares	10,000	$59.24	$592,400
Purchase	23 May 2024	LEHMKUHL GREG director director	Common Shares	1,000	$58.99	$58,990
Purchase	14 Mar 2024	BRESLIN STEPHEN officer: CHIEF ACCOUNTING OFFICER officer: CHIEF ACCOUNTING OFFICER	Common Shares	450	$55.33	$24,899
Purchase	29 Feb 2024	AGREE RICHARD director, officer: EXECUTIVE CHAIRMAN OF BOARD director, officer: EXECUTIVE CH..	Common Shares	16,000	$55.5	$888,000
Purchase	21 Feb 2024	AGREE JOEY director, officer: PRESIDENT & CEO director, officer: PRESIDENT & ..	Common Shares	3,500	$56.92	$199,220
Purchase	21 Feb 2024	RAKOLTA JOHN JR director director	Common Shares	20,000	$56.75	$1,135,000
Purchase	20 Feb 2024	RAKOLTA JOHN JR director director	Common Shares	102	$57.09	$5,823

Agree Realty
Earnings Call Transcripts

Quarter	Transcript
Q1 2024 24 Apr 2024	Q1 2024 Earnings Call Transcript
Q4 2023 14 Feb 2024	Q4 2023 Earnings Call Transcript
Q3 2023 25 Oct 2023	Q3 2023 Earnings Call Transcript
Q2 2023 2 Aug 2023	Q2 2023 Earnings Call Transcript

ADC earnings call transcripts

Agree Realty
Executives

Insider	Age	Compensation
Mr. Joel N. Agree (1979) Pres, Chief Executive Officer & Director	46	$3,790,000
Mr. Craig Erlich (1968) Chief Operating Officer	57	$591,470
Ms. Danielle M. Spehar (1968) Gen. Counsel	57	$483,910

Agree Realty
Latest News

Saturday, 28 December 2024
08:25	2 REITs Investors Should Own In 2025	seekingalpha.com
Friday, 27 December 2024
16:05	Vincerx Pharma Enters into a Binding Term Sheet for a Strategic Merger with Oqory, Inc.	globenewswire.com
Tuesday, 24 December 2024
08:35	1 REIT To Sell And 1 Strong Buy	seekingalpha.com
Monday, 23 December 2024
14:35	Agree Realty: Three Ways To Invest In A Net Lease Leader	seekingalpha.com
07:00	Lessons Learned Summed Up In One Simple Sentence	seekingalpha.com
Sunday, 22 December 2024
05:55	3 Reasons to Buy Agree Realty Stock Like There's No Tomorrow	fool.com
05:28	3 Low-Risk Dividend Stocks to Buy for Durable Passive Income for 2025 and Beyond	fool.com
Saturday, 21 December 2024
08:05	10 Stocks I'm Buying As REITs Have Never Looked So Good	seekingalpha.com
06:00	Agree Realty Stock: Buy, Sell, or Hold?	fool.com
04:24	Want Decades of Passive Income? 3 Stocks to Buy Right Now	fool.com
03:48	Should You Buy This Millionaire-Maker Stock Instead of Agree Realty?	fool.com
Friday, 20 December 2024
15:10	Earn Money While You Sleep With Monthly Dividends From These Stocks	247wallst.com
Thursday, 19 December 2024
18:30	Aadi Bioscience Transforms with In-Licensing of Novel ADC Portfolio, $100 Million Sale of FYARRO® and $100 Million PIPE Financing	prnewswire.com
09:00	Buy The Dip: 2 REITs Getting Way Too Cheap	seekingalpha.com
07:17	Mersana Therapeutics: We're About To Find Out If ADC Platform Is More Tolerable	seekingalpha.com
Wednesday, 18 December 2024
15:51	December's 5 Dividend Growth Stocks With 4.51%+ Yields	seekingalpha.com
Tuesday, 17 December 2024
07:44	2 REITs To Add To Your Christmas List And When To Buy For A Margin Of Safety	seekingalpha.com
Saturday, 14 December 2024
18:06	Is Agree Realty a Millionaire Maker?	fool.com
09:00	What I Wish I Knew Before Investing In REITs	seekingalpha.com
07:00	3 REITs I'll Possibly Own Forever	seekingalpha.com
Thursday, 12 December 2024
16:05	Agree Realty Declares Monthly Common and Preferred Dividends	prnewswire.com
14:03	ADC Therapeutics: Continues To Make Strides With ZYNLONTA Targeting DLBCL	seekingalpha.com
08:25	2 REITs To Buy After The Rally	seekingalpha.com
07:30	Elevation Oncology Licenses ADC Technology from Synaffix to Drive Pipeline Expansion	prnewswire.com
07:30	Elevation Oncology Expands Pipeline with Nomination of EO-1022, a HER3 ADC for the Treatment of HER3-expressing Solid Tumors	prnewswire.com
Wednesday, 11 December 2024
07:30	ADC Therapeutics Announces Positive Initial Data from LOTIS-7 Clinical Trial Evaluating ZYNLONTA® in Combination with Bispecific Antibody in Patients with Relapsed/Refractory Diffuse Large B-cell Lymphoma	prnewswire.com
Monday, 9 December 2024
07:30	ADC Therapeutics Announces The Lancet Haematology Publication of Data from Investigator-Initiated Trial Evaluating ZYNLONTA® in Combination with Rituximab to Treat Relapsed/Refractory Follicular Lymphoma	prnewswire.com
Sunday, 8 December 2024
19:00	Innovent Presents Updated Data From Innovative Anti-CLDN18.2 ADC (IBI343) Phase 1 Study in Patients with Advanced Pancreatic Cancer at the ESMO Asia Congress 2024	prnewswire.com
06:49	3 Durable Dividend Stocks to Buy for a Lifetime of Passive Income	fool.com
Saturday, 7 December 2024
08:25	My Single Biggest Regret As A REIT Investor	seekingalpha.com

Ideas & Opinions

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One Dividend Contender To Buy And One Dividend Pretender To Avoid In 2024
Seeking Alpha 7 Nov 2023

Agree Realty: Technical Rebound And Financial Growth Signal Strong Buy
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Agree Realty: One Of The Best Picks For A High Interest Rate Environment
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VICI Properties: Perfect Income Investment For Your Retirement
Seeking Alpha 24 Jul 2023

Strong Mid-Cap Insider Buys: Q2 2023
Seeking Alpha 18 Apr 2023

These Are My Top-2 Non-Banking/Finance Picks
Seeking Alpha 14 Oct 2022

Agree Realty: Underperformed Since We Cautioned - Now It's A Buy (Technical Analysis)
Seeking Alpha 26 Jul 2022

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Seeking Alpha 23 May 2021

Amazon Vs. Brick And Mortar: Why The Future Of Retail Is Omnichannel

Frequently Asked Questions (FAQ)

What's the price of Agree Realty stock today?

One share of Agree Realty stock can currently be purchased for approximately $73.3.
When is Agree Realty's next earnings date?

Unfortunately, Agree Realty's (ADC) next earnings date is currently unknown.
Does Agree Realty pay dividends?

Yes, Agree Realty pays dividends and its trailing 12-month yield is 3.91% with 162% payout ratio.It means that the company is paying a dividend greater than earnings. The last Agree Realty stock dividend of $0.23 was paid on 14 Feb 2022.
How much money does Agree Realty make?

Agree Realty has a market capitalization of 7.21B and it's past years’ income statements indicate that its last revenue has increased compared to the previous period by 16.05% to 537.5M US dollars.
What is Agree Realty's stock symbol?

Agree Realty Corporation is traded on the NYSE under the ticker symbol "ADC".
What is Agree Realty's primary industry?

Company operates in the Real Estate sector and REIT - Retail industry.
How do i buy shares of Agree Realty?

Shares of Agree Realty can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Who are Agree Realty's key executives?
Agree Realty's management team includes the following people:
- Mr. Joel N. Agree Pres, Chief Executive Officer & Director(age: 46, pay: $3,790,000)
- Mr. Craig Erlich Chief Operating Officer(age: 57, pay: $591,470)
- Ms. Danielle M. Spehar Gen. Counsel(age: 57, pay: $483,910)
How many employees does Agree Realty have?

As Jul 2024, Agree Realty employs 72 workers.
When Agree Realty went public?

Agree Realty Corporation is publicly traded company for more then 31 years since IPO on 15 Apr 1994.
What is Agree Realty's official website?

The official website for Agree Realty is agreerealty.com.
Where are Agree Realty's headquarters?

Agree Realty is headquartered at 70 East Long Lake Road, Bloomfield Hills, MI.
How can i contact Agree Realty?

Agree Realty's mailing address is 70 East Long Lake Road, Bloomfield Hills, MI and company can be reached via phone at +248 7374190.
What is Agree Realty stock forecast & price target?

Based on 2 Wall Street analysts` predicted price targets for Agree Realty in the last 12 months, the avarage price target is $77. The average price target represents a 5.04% change from the last price of $73.3.

Agree Realty Corporation

agreerealty.com

Exchange:

NYSE

Full time employees:

Industry:

REIT - Retail

Sector:

Real Estate

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, 2020, the Company owned and operated a portfolio of 1,027 properties, located in 45 states and containing approximately 21.0 million square feet of gross leasable area. The Company's common stock is listed on the New York Stock Exchange under the symbol ADC.

+248 7374190

70 East Long Lake Road
Bloomfield Hills, MI 48304

CIK: 0000917251
ISIN: US0084921008
CUSIP: 008492100