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How to buy Agree Realty Corporation stock | $64.99
Own Agree Realty Corporation stock in just a few minutes.
Fact checked
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 41 staff and has a trailing 12-month revenue of around USD$229.3 million.
How to buy shares in Agree Realty Corporation
- Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
- Search for Agree Realty Corporation. Find the stock by name or ticker symbol: ADC. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Agree Realty Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of USD$64.99, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Agree Realty Corporation, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Agree Realty Corporation. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
Agree Realty Corporation share price
Use our graph to track the performance of ADC stocks over time.Agree Realty Corporation shares at a glance
Information last updated 2020-12-27.
| Latest market close | USD$64.99 |
|---|---|
| 52-week range | USD$43.5243 - USD$77.474 |
| 50-day moving average | USD$65.7539 |
| 200-day moving average | USD$65.7306 |
| Wall St. target price | USD$76.65 |
| PE ratio | 35.1659 |
| Dividend yield | USD$2.48 (3.83%) |
| Earnings per share (TTM) | USD$1.839 |
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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.
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 $64.99 from 2020-10-19
| 1 week (2021-01-14) | 4.23% |
|---|---|
| 1 month (2020-12-22) | 0.65% |
| 3 months (2020-10-22) | -0.61% |
| 6 months (2020-07-22) | 0.62% |
| 1 year (2020-01-21) | -12.67% |
|---|---|
| 2 years (2019-01-18) | 5.33% |
| 3 years (2018-01-19) | 30.69% |
| 5 years (2016-01-21) | 96.70% |
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 35x. In other words, Agree Realty Corporation shares trade at around 35x 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 USD$197.1 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 | USD$229.3 million |
|---|---|
| Operating margin TTM | 53.3% |
| Gross profit TTM | USD$164 million |
| Return on assets TTM | 2.52% |
| Return on equity TTM | 4.84% |
| Profit margin | 39.39% |
| Book value | $41.014 |
| Market capitalisation | USD$3.6 billion |
TTM: trailing 12 months
Shorting Agree Realty Corporation shares
There are currently 6.9 million Agree Realty Corporation shares held short by investors – that's known as Agree Realty Corporation's "short interest". This figure is 6.2% up from 6.5 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 586232.32067511). Agree Realty Corporation's SIR currently stands at 11.85. In other words for every 100,000 Agree Realty Corporation shares traded daily on the market, roughly 11850 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 0.13% of the outstanding shares (for every 100,000 Agree Realty Corporation shares in existence, roughly 130 shares are currently held short) or 0.1697% of the tradable shares (for every 100,000 tradable Agree Realty Corporation shares, roughly 170 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: 75.16% of net profits
Recently Agree Realty Corporation has paid out, on average, around 75.16% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.83% 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 3.83% return on their shares, in the form of dividend payments. In Agree Realty Corporation's case, that would currently equate to about $2.48 per share.
Agree Realty Corporation's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Agree Realty Corporation's most recent dividend payout was on 6 January 2021. The latest dividend was paid out to all shareholders who bought their shares by 22 December 2020 (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 $43.5243 up to $77.474. 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 0.2609. 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.
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