Agree Realty Statistics
Total Valuation
Agree Realty has a market cap or net worth of $5.69 billion. The enterprise value is $8.09 billion.
| Market Cap | 5.69B |
| Enterprise Value | 8.09B |
Important Dates
The next confirmed earnings date is Tuesday, April 23, 2024, after market close.
| Earnings Date | Apr 23, 2024 |
| Ex-Dividend Date | Apr 29, 2024 |
Share Statistics
Agree Realty has 100.63 million shares outstanding. The number of shares has increased by 20.56% in one year.
| Shares Outstanding | 100.63M |
| Shares Change (YoY) | +20.56% |
| Shares Change (QoQ) | +3.29% |
| Owned by Insiders (%) | 1.80% |
| Owned by Institutions (%) | 104.10% |
| Float | 98.43M |
Valuation Ratios
The trailing PE ratio is 33.27 and the forward PE ratio is 30.52. Agree Realty's PEG ratio is -28.74.
| PE Ratio | 33.27 |
| Forward PE | 30.52 |
| PS Ratio | 10.59 |
| Forward PS | 9.37 |
| PB Ratio | 1.09 |
| P/FCF Ratio | n/a |
| PEG Ratio | -28.74 |
Enterprise Valuation
| EV / Earnings | 49.77 |
| EV / Sales | 15.05 |
| EV / EBITDA | 18.80 |
| EV / EBIT | 31.84 |
| EV / FCF | n/a |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.46 |
| Debt / EBITDA | 5.60 |
| Debt / FCF | n/a |
| Interest Coverage | 3.13 |
Financial Efficiency
Return on equity (ROE) is 3.20% and return on invested capital (ROIC) is 3.29%.
| Return on Equity (ROE) | 3.20% |
| Return on Assets (ROA) | 2.20% |
| Return on Capital (ROIC) | 3.29% |
| Revenue Per Employee | $7.47M |
| Profits Per Employee | $2.26M |
| Employee Count | 72 |
| Asset Turnover | 0.07 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Agree Realty has paid $2.91 million in taxes.
| Income Tax | 2.91M |
| Effective Tax Rate | 1.76% |
Stock Price Statistics
The stock price has decreased by -15.85% in the last 52 weeks. The beta is 0.53, so Agree Realty's price volatility has been lower than the market average.
| Beta (1Y) | 0.53 |
| 52-Week Price Change | -15.85% |
| 50-Day Moving Average | 56.61 |
| 200-Day Moving Average | 59.38 |
| Relative Strength Index (RSI) | 50.79 |
| Average Volume (30 Days) | 1,068,077 |
Short Selling Information
The latest short interest is 4.32 million, so 4.30% of the outstanding shares have been sold short.
| Short Interest | 4.32M |
| Short Previous Month | 3.40M |
| Short % of Shares Out | 4.30% |
| Short % of Float | 4.39% |
| Short Ratio (days to cover) | 3.68 |
Income Statement
In the last 12 months, Agree Realty had revenue of $537.50 million and earned $162.52 million in profits. Earnings per share was $1.70.
| Revenue | 537.50M |
| Gross Profit | 472.44M |
| Operating Income | 254.39M |
| Pretax Income | 172.87M |
| Net Income | 162.52M |
| EBITDA | 430.27M |
| EBIT | 253.99M |
| Earnings Per Share (EPS) | $1.70 |
Balance Sheet
The company has $14.52 million in cash and $2.41 billion in debt, giving a net cash position of -$2.40 billion or -$23.81 per share.
| Cash & Cash Equivalents | 14.52M |
| Total Debt | 2.41B |
| Net Cash | -2.40B |
| Net Cash Per Share | -$23.81 |
| Equity / Book Value | 5.20B |
| Book Value Per Share | 51.67 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $391.60 million and capital expenditures -$1.27 billion, giving a free cash flow of -$882.95 million.
| Operating Cash Flow | 391.60M |
| Capital Expenditures | -1.27B |
| Free Cash Flow | -882.95M |
| FCF Per Share | -$9.28 |
Margins
Gross margin is 87.90%, with operating and profit margins of 47.33% and 30.24%.
| Gross Margin | 87.90% |
| Operating Margin | 47.33% |
| Pretax Margin | 32.16% |
| Profit Margin | 30.24% |
| EBITDA Margin | 80.05% |
| EBIT Margin | 47.25% |
| FCF Margin | -164.27% |
Dividends & Yields
This stock pays an annual dividend of $2.95, which amounts to a dividend yield of 5.21%.
| Dividend Per Share | $2.95 |
| Dividend Yield | 5.21% |
| Dividend Growth (YoY) | 3.29% |
| Years of Dividend Growth | 11 |
| Payout Ratio | 173.35% |
| Buyback Yield | -20.56% |
| Shareholder Yield | -15.35% |
| Earnings Yield | 2.86% |
| FCF Yield | -15.51% |
Analyst Forecast
The average price target for Agree Realty is $66.65, which is 17.84% higher than the current price. The consensus rating is "Buy".
| Price Target | $66.65 |
| Price Target Difference | 17.84% |
| Analyst Consensus | Buy |
| Analyst Count | 10 |
| Revenue Growth Forecast (5Y) | 7.99% |
| EPS Growth Forecast (5Y) | 3.41% |
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 | 5 |