Agree Realty Corporation (ADC)
| Market Cap | 7.25B |
| Revenue (ttm) | 600.53M |
| Net Income (ttm) | 181.99M |
| Shares Out | 103.30M |
| EPS (ttm) | 1.81 |
| PE Ratio | 38.79 |
| Forward PE | 39.09 |
| Dividend | $3.04 (4.33%) |
| Ex-Dividend Date | Nov 29, 2024 |
| Volume | 3,272,886 |
| Open | 70.00 |
| Previous Close | 69.44 |
| Day's Range | 68.97 - 71.13 |
| 52-Week Range | 54.28 - 78.39 |
| Beta | 0.64 |
| Analysts | Buy |
| Price Target | 78.25 (+11.52%) |
| Earnings Date | Feb 11, 2025 |
About ADC
Agree Realty Corporation (the “Company”), a Maryland corporation, is a fully integrated real estate investment trust (“REIT”) primarily focused on the ownership, acquisition, development and management of retail properties net leased to industry leading tenants. The Company was founded in 1971 by its current Executive Chairman, Richard Agree, and its common stock was listed on the New York Stock Exchange in 1994. As of March 31, 2024, the Company owned 2,161 properties, with a total gross leasable area (“GLA”) of approximately 44.9 million squa... [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 $78.25, which is an increase of 11.52% from the latest price.
News
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