Agree Realty Corporation (ADC)

Market Cap	7.67B
Revenue (ttm)	617.10M
Net Income (ttm)	181.28M
Shares Out	107.38M
EPS (ttm)	1.78
PE Ratio	40.11
Forward PE	38.59
Dividend	$3.01 (4.22%)
Ex-Dividend Date	Feb 28, 2025

Volume	1,230,405
Open	71.12
Previous Close	72.60
Day's Range	70.72 - 72.23
52-Week Range	54.28 - 78.39
Beta	0.66
Analysts	Buy
Price Target	78.64 (+10.14%)
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".

• Industry: REIT - Retail
• Sector: Real Estate
• IPO Date: Apr 15, 1994
• Employees: 75
• Stock Exchange: NYSE
• Ticker Symbol: ADC
• Website: https://www.agreerealty.com

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%.

Analyst Forecast

According to 15 analysts, the average rating for ADC stock is "Buy." The 12-month stock price forecast is $78.64, which is an increase of 10.14% from the latest price.

Price Target

$78.64

(10.14% upside)

Analyst Consensus: Buy