Agree Realty Corporation (ADC) is a leading reit-retail business based in the US. Agree Realty is listed on the NYSE and employs 41 staff. All prices are listed in US Dollars.
|52-week range||$43.5243 - $77.474|
|50-day moving average||$64.9809|
|200-day moving average||$65.4504|
|Wall St. target price||$76.81|
|Dividend yield||$2.48 (3.83%)|
|Earnings per share (TTM)||$1.839|
All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.
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.
Valuing Agree Realty stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Agree Realty's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Agree Realty'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 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's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $197.1 million.
The EBITDA is a measure of a Agree Realty's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$229.3 million|
|Operating margin TTM||53.3%|
|Gross profit TTM||$164 million|
|Return on assets TTM||2.52%|
|Return on equity TTM||4.84%|
|Market capitalisation||$4.1 billion|
TTM: trailing 12 months
There are currently 3.3 million Agree Realty shares held short by investors – that's known as Agree Realty's "short interest". This figure is 49.2% down from 6.5 million last month.
There are a few different ways that this level of interest in shorting Agree Realty shares can be evaluated.
Agree Realty's "short interest ratio" (SIR) is the quantity of Agree Realty shares currently shorted divided by the average quantity of Agree Realty shares traded daily (recently around 674160.9406953). Agree Realty's SIR currently stands at 4.89. In other words for every 100,000 Agree Realty shares traded daily on the market, roughly 4890 shares are currently held short.
However Agree Realty's short interest can also be evaluated against the total number of Agree Realty shares, or, against the total number of tradable Agree Realty shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Agree Realty's short interest could be expressed as 0.05% of the outstanding shares (for every 100,000 Agree Realty shares in existence, roughly 50 shares are currently held short) or 0.0723% of the tradable shares (for every 100,000 tradable Agree Realty shares, roughly 72 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Agree Realty.
Find out more about how you can short Agree Realty stock.
Dividend payout ratio: 63.34% of net profits
Recently Agree Realty has paid out, on average, around 63.34% 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 shareholders could enjoy a 3.83% return on their shares, in the form of dividend payments. In Agree Realty's case, that would currently equate to about $2.48 per share.
Agree Realty'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's most recent dividend payout was on 12 February 2021. The latest dividend was paid out to all shareholders who bought their shares by 28 January 2021 (the "ex-dividend date").
Over the last 12 months, Agree Realty'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's is 0.2605. This would suggest that Agree Realty's shares are less volatile than average (for this exchange).
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.
Learn more about Transportation and Logistics Systems’ recent performance and where you can invest in Transportation and Logistics Systems shares. We also run through some helpful rules of thumb for any investor.
Learn more about Charlie’s Holdings’ recent performance and where you can invest in Charlie’s Holdings shares. We also run through some helpful rules of thumb for any investor.
Learn more about Lemonade’s recent performance and where you can invest in Lemonade shares. We also run through some helpful rules of thumb for any investor.
Learn more about Unity Software’s recent performance and where you can invest in Unity Software shares. We also run through some helpful rules of thumb for any investor
Learn more about FuelCell Energy’s recent performance and where you can invest in FuelCell Energy shares. We also run through some helpful rules of thumb for any investor.
Learn more about CloudCommerce’s recent performance and where you can invest in CloudCommerce shares. We also run through some helpful rules of thumb for any investor
Ever wondered how to buy shares in Zomedica Pharmaceuticals? We explain how and compare a range of providers that can give you access to many brands, including Zomedica Pharmaceuticals.
Ever wondered how to buy shares in YRC Worldwide? We explain how and compare a range of providers that can give you access to many brands, including YRC Worldwide.
Ever wondered how to buy shares in Xeros Technology Group? We explain how and compare a range of providers that can give you access to many brands, including Xeros Technology Group.
Ever wondered how to buy shares in Xpediator? We explain how and compare a range of providers that can give you access to many brands, including Xpediator.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.