How to buy Agree Realty Corporation (ADC) stock

Agree Realty Corporation is a reit-retail business based in the US. Agree Realty Corporation shares (ADC) are listed on the NYSE and all prices are listed in US Dollars. Agree Realty Corporation employs 49 staff and has a trailing 12-month revenue of around 0.00.

Agree Realty Corporation stock price (NYSE: ADC)

Use our graph to track the performance of ADC stocks over time.

Agree Realty Corporation shares at a glance

• Key figures

Information last updated 2021-07-23.

Latest market close	$70.28
52-week range	$59.14 - $74.70
50-day moving average	$71.77
200-day moving average	$68.20
Wall St. target price	$78.50
PE ratio	41.8701
Dividend yield	$2.441 (3.29%)
Earnings per share (TTM)	$1.77

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Is it a good time to buy Agree Realty Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Agree Realty Corporation by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Agree Realty Corporation price performance over time

Historical closes compared with the close of $70.28 from 2021-05-28

1 week (2021-07-13)	N/A
1 month (2021-06-24)	0.23%
3 months (2021-04-20)	N/A
6 months (2021-01-20)	N/A

1 year (2020-07-20)	N/A
2 years (2019-07-20)	N/A
3 years (2018-07-20)	N/A
5 years (2016-07-20)	N/A

Is Agree Realty Corporation under- or over-valued?

Valuing Agree Realty Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Agree Realty Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Agree Realty Corporation's P/E ratio

Agree Realty Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 42x. In other words, Agree Realty Corporation shares trade at around 42x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Agree Realty Corporation's EBITDA

Agree Realty Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $229.9 million.

The EBITDA is a measure of a Agree Realty Corporation's overall financial performance and is widely used to measure a its profitability.

Agree Realty Corporation financials

Revenue TTM	$270.6 million
Operating margin TTM	51.55%
Gross profit TTM	$216.8 million
Return on assets TTM	2.43%
Return on equity TTM	4.43%
Profit margin	37.05%
Book value	$43.75
Market capitalisation	$5.1 billion

TTM: trailing 12 months

Shorting Agree Realty Corporation shares

There are currently 9.4 million Agree Realty Corporation shares held short by investors – that's known as Agree Realty Corporation's "short interest". This figure is 91.6% up from 4.9 million last month.

There are a few different ways that this level of interest in shorting Agree Realty Corporation shares can be evaluated.

Agree Realty Corporation's "short interest ratio" (SIR)

Agree Realty Corporation's "short interest ratio" (SIR) is the quantity of Agree Realty Corporation shares currently shorted divided by the average quantity of Agree Realty Corporation shares traded daily (recently around 906386.4292589). Agree Realty Corporation's SIR currently stands at 10.39. In other words for every 100,000 Agree Realty Corporation shares traded daily on the market, roughly 10390 shares are currently held short.

However Agree Realty Corporation's short interest can also be evaluated against the total number of Agree Realty Corporation shares, or, against the total number of tradable Agree Realty Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Agree Realty Corporation's short interest could be expressed as 0.14% of the outstanding shares (for every 100,000 Agree Realty Corporation shares in existence, roughly 140 shares are currently held short) or 0.1504% of the tradable shares (for every 100,000 tradable Agree Realty Corporation shares, roughly 150 shares are currently held short).

A SIR above 10% would generally be considered pretty high, pointing to a potentially pessimistic outlook for the share price and a discouraging interest in betting against Agree Realty Corporation.

Find out more about how you can short Agree Realty Corporation stock.

Agree Realty Corporation share dividends

Dividend payout ratio: 26.71% of net profits

Recently Agree Realty Corporation has paid out, on average, around 26.71% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.51% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Agree Realty Corporation shareholders could enjoy a 3.51% return on their shares, in the form of dividend payments. In Agree Realty Corporation's case, that would currently equate to about $2.441 per share.

While Agree Realty Corporation's payout ratio might seem fairly standard, it's worth remembering that Agree Realty Corporation may be investing much of the rest of its net profits in future growth.

Agree Realty Corporation's most recent dividend payout was on 12 August 2021. The latest dividend was paid out to all shareholders who bought their shares by 28 July 2021 (the "ex-dividend date").

Agree Realty Corporation share price volatility

Over the last 12 months, Agree Realty Corporation's shares have ranged in value from as little as $59.1396 up to $74.7. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Agree Realty Corporation's is 0.3439. This would suggest that Agree Realty Corporation's shares are less volatile than average (for this exchange).

Agree Realty Corporation overview

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 September 30, 2020, the Company owned and operated a portfolio of 1,027 properties, located in 45 states and containing approximately 21. 0 million square feet of gross leasable area. The Company's common stock is listed on the New York Stock Exchange under the symbol ADC. .

Frequently asked questions

What percentage of Agree Realty Corporation is owned by insiders or institutions?
Currently 2.046% of Agree Realty Corporation shares are held by insiders and 103.324% by institutions. How many people work for Agree Realty Corporation?
Latest data suggests 49 work at Agree Realty Corporation. When does the fiscal year end for Agree Realty Corporation?
Agree Realty Corporation's fiscal year ends in December. Where is Agree Realty Corporation based?
Agree Realty Corporation's address is: 70 East Long Lake Road, Bloomfield Hills, MI, United States, 48304 What is Agree Realty Corporation's ISIN number?
Agree Realty Corporation's international securities identification number is: US0084921008 What is Agree Realty Corporation's CUSIP number?
Agree Realty Corporation's Committee on Uniform Securities Identification Procedures number is: 008492100