Agree Realty Corporation (ADC)
| Market Cap | 7.82B |
| Revenue (ttm) | 617.10M |
| Net Income (ttm) | 181.28M |
| Shares Out | 107.38M |
| EPS (ttm) | 1.78 |
| PE Ratio | 40.92 |
| Forward PE | 42.84 |
| Dividend | $3.01 (4.14%) |
| Ex-Dividend Date | Feb 28, 2025 |
| Volume | 1,293,171 |
| Open | 71.43 |
| Previous Close | 71.35 |
| Day's Range | 71.43 - 72.86 |
| 52-Week Range | 54.28 - 78.39 |
| Beta | 0.66 |
| Analysts | Buy |
| Price Target | 79.31 (+8.9%) |
| Earnings Date | Feb 11, 2025 |
About ADC
Agree Realty Corporation is a publicly traded real estate investment trust that is RETHINKING RETAIL through the acquisition and development of properties net leased to industry-leading, omni-channel retail tenants. As of September 30, 2024, the Company owned and operated a portfolio of 2,271 properties, located in 49 states and containing approximately 47.2 million square feet of gross leasable area. The Company's common stock is listed on the New York Stock Exchange under the symbol "ADC". [Read more]
Financial Performance
In 2024, Agree Realty's revenue was $617.10 million, an increase of 14.81% compared to the previous year's $537.50 million. Earnings were $181.28 million, an increase of 11.82%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for ADC stock is "Buy." The 12-month stock price forecast is $79.31, which is an increase of 8.90% from the latest price.
News
The State Of REITs: February 2025 Edition
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Agree Realty: When The Perfect Blend Of Consistency, Reliability, And Quality Meet
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Agree Realty Corporation (ADC) Q4 2024 Earnings Call Transcript
Agree Realty Corporation (NYSE:ADC) Q4 2024 Earnings Conference Call February 12, 2025 9:00 AM ET Company Participants Reuben Treatman – Senior Director-Corporate Finance Joey Agree – President and C...
Q4 Earnings Update: Sell Agree Realty And Buy This REIT Instead
Agree Realty's focus on high-quality investment-grade tenants, ground leases, and aggressive acquisitions initially made it a superior investment compared to Realty Income. Despite ADC's strong busine...
Agree Realty Corporation Reports Fourth Quarter and Full Year 2024 Results
Provides Initial 2025 AFFO Per Share Guidance of $4.26 to $4.30 ROYAL OAK, Mich. , Feb. 11, 2025 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced results for the qu...
Buy The Dip: Big Dividends Getting Way Too Cheap
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Agree Realty Declares Monthly Common and Preferred Dividends
ROYAL OAK, Mich. , Feb. 6, 2025 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that its Board of Directors has authorized, and the Company has declared, a monthly...
5 Monthly-Paying REITs To Sleep Well At Night
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2 Net Lease REIT Stalwarts To Hold For The Long Run
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2 Of My Favorite Net Lease REITs Might Surprise You
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Agree Realty: Why I Bought More Of The Commons And Preferreds
I'm still buying Agree Realty's commons despite the REIT selloff, driven by the significant rise in long-term Treasury yields. ADC's strong financials include 12.8% revenue growth, 99.6% leased proper...
Agree Realty CEO Joey Agree on retail trends
Joey Agree, president and CEO at Agree Realty, joins CNBC's The Exchange to discuss the rise in risks for commercial properties, recent retail trends, and more.
2 REITs That Make Sense To Own In 2025 And Beyond
Despite high-interest rates, REITs like Agree Realty and Realty Income offer attractive valuations and strong fundamentals, making them ideal for passive income investors. ADC boasts a 12% CAGR since ...
A Dozen Stocks I'm Buying As Rising Interest Rates Break The Market
Interest rate peaks often cause short-term S&P 500 selloffs, especially for REITs. I retain hope that REITs may decouple from 10-year Treasury yields once rates stabilize. Baby Boomers' economic impac...
Dividends On Repeat: 3 Monthly Payers You'll Love Forever
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Agree Realty Announces Fourth Quarter 2024 Earnings Release Date and Conference Call Information
ROYAL OAK, Mich. , Jan. 7, 2025 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that it will release its fourth quarter and full year 2024 operating results after ...
Agree Realty Announces 2024 Investment Activity & 2025 Investment Outlook
2025 Investment Guidance of $1.1 Billion to $1.3 Billion Balance Sheet Pre-Equitized with Liquidity of Over $2.0 Billion ROYAL OAK, Mich. , Jan. 6, 2025 /PRNewswire/ -- Agree Realty Corporation (NYSE:...