Agree Realty Statistics
Total Valuation
Agree Realty has a market cap or net worth of $6.22 billion. The enterprise value is $8.72 billion.
| Market Cap | 6.22B |
| Enterprise Value | 8.72B |
Important Dates
The next confirmed earnings date is Tuesday, July 23, 2024, after market close.
| Earnings Date | Jul 23, 2024 |
| Ex-Dividend Date | Jun 28, 2024 |
Share Statistics
Agree Realty has 100.63 million shares outstanding. The number of shares has increased by 10.81% in one year.
| Shares Outstanding | 100.63M |
| Shares Change (YoY) | +10.81% |
| Shares Change (QoQ) | -0.21% |
| Owned by Insiders (%) | 1.82% |
| Owned by Institutions (%) | 102.37% |
| Float | 98.49M |
Valuation Ratios
The trailing PE ratio is 36.37 and the forward PE ratio is 33.74. Agree Realty's PEG ratio is -28.74.
| PE Ratio | 36.37 |
| Forward PE | 33.74 |
| PS Ratio | 11.10 |
| Forward PS | 10.15 |
| PB Ratio | 1.20 |
| P/FCF Ratio | n/a |
| PEG Ratio | -28.74 |
Enterprise Valuation
| EV / Earnings | 52.61 |
| EV / Sales | 15.56 |
| EV / EBITDA | 19.46 |
| EV / EBIT | 33.03 |
| EV / FCF | n/a |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.49 |
| Debt / EBITDA | 5.61 |
| Debt / FCF | n/a |
| Interest Coverage | 3.02 |
Financial Efficiency
Return on equity (ROE) is 3.20% and return on invested capital (ROIC) is 3.37%.
| Return on Equity (ROE) | 3.20% |
| Return on Assets (ROA) | 2.20% |
| Return on Capital (ROIC) | 3.37% |
| Revenue Per Employee | $7.78M |
| Profits Per Employee | $2.30M |
| Employee Count | 72 |
| Asset Turnover | 0.07 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Agree Realty has paid $3.28 million in taxes.
| Income Tax | 3.28M |
| Effective Tax Rate | 1.94% |
Stock Price Statistics
The stock price has decreased by -6.12% in the last 52 weeks. The beta is 0.56, so Agree Realty's price volatility has been lower than the market average.
| Beta (5Y) | 0.56 |
| 52-Week Price Change | -6.12% |
| 50-Day Moving Average | 60.01 |
| 200-Day Moving Average | 58.49 |
| Relative Strength Index (RSI) | 58.99 |
| Average Volume (20 Days) | 732,029 |
Short Selling Information
The latest short interest is 6.54 million, so 6.50% of the outstanding shares have been sold short.
| Short Interest | 6.54M |
| Short Previous Month | 3.78M |
| Short % of Shares Out | 6.50% |
| Short % of Float | 6.64% |
| Short Ratio (days to cover) | 9.24 |
Income Statement
In the last 12 months, Agree Realty had revenue of $560.33 million and earned $165.77 million in profits. Earnings per share was $1.70.
| Revenue | 560.33M |
| Gross Profit | 493.42M |
| Operating Income | 264.38M |
| Pretax Income | 176.48M |
| Net Income | 165.77M |
| EBITDA | 448.15M |
| EBIT | 264.05M |
| Earnings Per Share (EPS) | $1.70 |
Balance Sheet
The company has $15.43 million in cash and $2.51 billion in debt, giving a net cash position of -$2.50 billion or -$24.84 per share.
| Cash & Cash Equivalents | 15.43M |
| Total Debt | 2.51B |
| Net Cash | -2.50B |
| Net Cash Per Share | -$24.84 |
| Equity (Book Value) | 5.18B |
| Book Value Per Share | 51.46 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $400.57 million and capital expenditures -$1.07 billion, giving a free cash flow of -$668.57 million.
| Operating Cash Flow | 400.57M |
| Capital Expenditures | -1.07B |
| Free Cash Flow | -668.57M |
| FCF Per Share | -$6.67 |
Margins
Gross margin is 88.06%, with operating and profit margins of 47.18% and 29.58%.
| Gross Margin | 88.06% |
| Operating Margin | 47.18% |
| Pretax Margin | 31.50% |
| Profit Margin | 29.58% |
| EBITDA Margin | 79.98% |
| EBIT Margin | 47.12% |
| FCF Margin | -119.32% |
Dividends & Yields
This stock pays an annual dividend of $3.00, which amounts to a dividend yield of 4.85%.
| Dividend Per Share | $3.00 |
| Dividend Yield | 4.85% |
| Dividend Growth (YoY) | 3.13% |
| Years of Dividend Growth | 11 |
| Payout Ratio | 176.47% |
| Buyback Yield | -10.81% |
| Shareholder Yield | -5.96% |
| Earnings Yield | 2.66% |
| FCF Yield | -10.75% |
Analyst Forecast
The average price target for Agree Realty is $65.50, which is 5.94% higher than the current price. The consensus rating is "Buy".
| Price Target | $65.50 |
| Price Target Difference | 5.94% |
| Analyst Consensus | Buy |
| Analyst Count | 11 |
| Revenue Growth Forecast (5Y) | 11.93% |
| EPS Growth Forecast (5Y) | 4.32% |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 6 |