Home » Stocks » Agree Realty

Agree Realty Corporation (ADC)

Stock Price: $65.42 USD 0.03 (0.05%)
Updated Oct 23, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 3.62B
Revenue (ttm) 229.29M
Net Income (ttm) 90.33M
Shares Out 55.37M
EPS (ttm) 1.84
PE Ratio 35.55
Forward PE 33.78
Dividend $2.40
Dividend Yield 3.67%

Stock Quote

Trading Day Oct 23, 2020
Last Price $65.42
Previous Close $65.39
Change ($) 0.03
Change (%) 0.05%
Day's Open 65.67
Day's Range 65.21 - 66.25
Day's Volume 410,525
52-Week Range 45.23 - 80.51

More Stats

Market Cap 3.62B
Enterprise Value 4.75B
Earnings Date (est) Feb 25, 2021
Ex-Dividend Date Sep 24, 2020
Shares Outstanding 55.37M
Float 54.06M
EPS (basic) 1.86
EPS (diluted) 1.84
FCF / Share -17.19
Dividend $2.40
Dividend Yield 3.67%
Earnings Yield 2.81%
FCF Yield n/a
Payout Ratio 127.40%
Shares Short 6.40M
Short Ratio 12.87
Short % of Float 11.84%
Beta 0.26
PE Ratio 35.55
Forward PE 33.78
P/FCF Ratio n/a
PS Ratio 15.80
PB Ratio 1.60
Revenue 229.29M
Operating Income 118.22M
Net Income 90.33M
Free Cash Flow -923.53M
Net Cash -1.13B
Net Cash / Share -20.41
Gross Margin 71.51%
Operating Margin 51.56%
Profit Margin 39.40%
FCF Margin -402.78%
ROA 2.52%
ROE 4.84%
ROIC 3.60%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (13)

Buy 10
Overweight 2
Hold 1
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$71.65*
(9.52% upside)
Low
8.00
Current: $65.42
High
82.00
Target: 71.65
*Average 12-month price target from 13 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue18713711291.5369.9753.5643.5234.6230.2627.42
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 Share2.282.162.031.921.851.741.641.601.602.04
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
Assets2,6652,0281,4951,142790594463370294285
Liabilities973790583456336238171172132118
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

Description

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.