Agree Realty Corporation (ADC)
| Market Cap | 7.58B |
| Revenue (ttm) | 600.53M |
| Net Income (ttm) | 181.99M |
| Shares Out | 103.65M |
| EPS (ttm) | 1.81 |
| PE Ratio | 40.45 |
| Forward PE | 40.34 |
| Dividend | $3.04 (4.15%) |
| Ex-Dividend Date | Dec 31, 2024 |
| Volume | 388,489 |
| Open | 72.27 |
| Previous Close | 72.44 |
| Day's Range | 72.00 - 73.22 |
| 52-Week Range | 54.28 - 78.39 |
| Beta | 0.65 |
| Analysts | Buy |
| Price Target | 78.79 (+7.68%) |
| 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 2023, Agree Realty's revenue was $537.50 million, an increase of 25.05% compared to the previous year's $429.81 million. Earnings were $162.12 million, an increase of 12.10%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for ADC stock is "Buy." The 12-month stock price forecast is $78.79, which is an increase of 7.68% from the latest price.
News
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Agree Realty Declares Monthly Common and Preferred Dividends
ROYAL OAK, Mich. , Jan. 14, 2025 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that its Board of Directors has authorized, and the Company has declared, a monthl...
Agree Realty CEO Joey Agree on retail trends
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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:...
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Agree Realty: Three Ways To Invest In A Net Lease Leader
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Lessons Learned Summed Up In One Simple Sentence
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