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Agree Realty Corporation (ADC)

Stock Price: $68.25 USD 0.00 (0.00%)
Updated Aug 6, 2020 4:00 PM EDT - Market open

Stock Price Chart

Key Info

Market Cap 3.68B
Revenue (ttm) 213.55M
Net Income (ttm) 89.66M
Shares Out 53.85M
EPS (ttm) 1.94
PE Ratio 35.18
Forward PE 33.78
Dividend $2.40
Dividend Yield 3.52%

Stock Quote

Trading Day Aug 6, 2020
Last Price $68.25
Previous Close $68.25
Change ($) 0.00
Change (%) 0.00%
Day's Open -
Day's Range 67.49 - 68.86
Day's Volume 0
52-Week Range 45.23 - 80.51

More Stats

Market Cap 3.68B
Enterprise Value 4.42B
Earnings Date (est) Oct 26, 2020
Ex-Dividend Date Jun 25, 2020
Shares Outstanding 53.85M
Float 49.87M
EPS (basic) 1.96
EPS (diluted) 1.94
FCF / Share -14.71
Dividend $2.40
Dividend Yield 3.52%
Earnings Yield 2.84%
FCF Yield n/a
Payout Ratio 119.40%
Shares Short 7.79M
Short Ratio 8.97
Short % of Float 19.76%
Beta 0.30
PE Ratio 35.18
Forward PE 33.78
P/FCF Ratio n/a
PS Ratio 17.21
PB Ratio 1.70
Revenue 213.55M
Operating Income 114.03M
Net Income 89.66M
Free Cash Flow -775.74M
Net Cash -743.66M
Net Cash / Share -13.81
Gross Margin 76.78%
Operating Margin 53.40%
Profit Margin 42.00%
FCF Margin -363.25%
ROA 2.66%
ROE 4.94%
ROIC 3.80%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (11)

Buy 8
Overweight 2
Hold 1
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

(10.48% upside)
Current: $68.25
Target: 75.40
*Average 12-month price target from 10 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Revenue Growth36.72%22.96%21.84%30.82%30.63%23.07%25.69%14.41%10.36%-
Gross Profit16512199.7083.5864.1949.1140.2931.8727.5224.78
Operating Income10173.0162.9651.6640.1127.8925.4219.3715.338.81
Net Income80.0858.1758.1145.1239.0218.4919.6718.059.5515.07
Shares Outstanding40.5832.0727.6322.8718.0014.8813.0711.079.649.16
Earnings Per Share1.931.782.081.972.161.241.501.620.991.64
EPS Growth8.43%-14.42%5.58%-8.8%74.19%-17.33%-7.41%63.64%-39.63%-
Dividend Per Share2.
Dividend Growth5.8%6.42%5.47%4.07%6.03%6.1%2.5%0%-21.57%-
Operating Cash Flow12793.2582.2061.7444.6834.9529.4721.2125.5026.11
Capital Expenditures-733-633-363-326-231-160-90.54-84.52-37.11-47.02
Free Cash Flow-606-539-281-264-186-125-61.07-63.31-11.62-20.91
Cash & Equivalents42.1653.9858.7833.402.715.4014.541.272.000.59
Total Debt87272052040131722215816111999.91
Net Cash / Debt-830-666-461-368-314-216-144-160-117-99.31
Book Value1,6891,236909683451354290195160164
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Agree Realty Corporation
Country United States
Employees 41
CEO Joel N. Agree

Stock Information

Ticker Symbol ADC
Stock Exchange New York Stock Exchange
Sector Real Estate
Industry REIT—Retail
Unique Identifier NYSE: ADC
IPO Date April 15, 1994


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 June 30, 2020, the Company owned and operated a portfolio of 936 properties, located in 46 states and containing approximately 18.4 million square feet of gross leasable area. The common stock of Agree Realty Corporation is listed on the New York Stock Exchange under the symbol ADC.