We would love for you to become a part of our community. Join our Discord to connect with us and other members!

Ticker
ADC

Price
72.88
Stock movement up
+0.31 (0.43%)
Company name
Agree Realty Corporation
Exchange
(NYSE
,
Currency
USD
)
Sector
Real Estate >
REIT - Retail
Market cap
7.91B
Ent value
10.79B
Price/Sales
13.18
Price/Book
1.49
Div yield
4.17%
Div growth
6.26%
Growth years
9
FCF payout
70.63%
Trailing P/E
41.67
Forward P/E
39.30
PEG
-
EPS growth
-0.16%
1 year return
22.26%
3 year return
5.19%
5 year return
-0.90%
10 year return
7.53%
Last updated: 2025-02-03

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

DIVIDENDS

Dividend yield - 5y

Loading...
Dividend yield data
Dividend per share3.04
Dividend yield4.17%
Payout frequency-
Maximum yield5.50%
Average yield4.14%
Minimum yield2.94%
Discount to avg yield0.64%
Upside potential0.65%
Yield as % of max yield75.70%

Yield distribution (inverse percentile) - 5y

Loading...
Yield distribution data
Dividend yield4.17%
Current yield distribution37.78%
Yield at 100% (Min)2.94%
Yield at 90%3.60%
Yield at 80%3.73%
Yield at 50% (Median)4.02%
Yield at 20%4.50%
Yield at 10%4.99%
Yield at 0% (Max)5.50%

Dividend per share

Loading...
Dividend per share data
Years of growth9 years
CCC statusDividend Challenger
Dividend per share3.04
Payout frequency-
Ex-div date31 Jan 2025
EPS (TTM)1.87
EPS (1y forward)1.85
EPS growth (5y)-0.16%
EPS growth (5y forward)-0.90%

Dividend growth

Loading...
Please create a free account or log in to access this chart
Dividend growth data
ADCS&P500
DGR MR1.20%12.57%
DGR TTM2.82%6.51%
DGR 3 years6.67%5.24%
DGR 5 years6.26%5.40%
DGR 10 years5.93%7.07%
DGR 15 years2.55%6.12%
Time since last change announced118 days
EPS growth (5y)-0.16%
EPS growth (5y forward)-0.90%

Payout ratio

Loading...
Please create a free account or log in to access this chart
Payout ratio data
EPS coverageFCF coverage
TTM161.58%70.63%
Average132.45%-25.52%
Forward163.73%-

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

VALUATION

Valuation Ratios

Loading...
Valuation Ratios data
Trailing P/E41.67
Price to OCF18.21
Price to FCF18.21
Price to EBITDA15.58
EV to EBITDA21.25

Valuation (Sales/Book Value)

Loading...
Valuation (Sales/Book Value) data
Price to Sales13.18
Price to Book1.49
EV to Sales17.97

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

FINANCIALS

Per share

Loading...
Per share data
Current share count108.58M
EPS (TTM)1.87
FCF per share (TTM)4.27

Income statement

Loading...
Income statement data
Revenue (TTM)600.52M
Gross profit (TTM)379.74M
Operating income (TTM)290.85M
Net income (TTM)189.91M
EPS (TTM)1.87
EPS (1y forward)1.85

Margins

Loading...
Margins data
Gross margin (TTM)63.23%
Operating margin (TTM)48.43%
Profit margin (TTM)31.62%

Balance Sheet

Loading...
Please create a free account or log in to access this chart
Balance Sheet data
Cash13.24M
Net receivables98.20M
Total current assets125.05M
Goodwill0.00
Intangible assets837.87M
Property, plant and equipment0.00
Total assets8.18B
Accounts payable142.20M
Short/Current long term debt2.68B
Total current liabilities168.78M
Total liabilities2.89B
Shareholder's equity5.29B
Net tangible assets0.00

Cash flow

Loading...
Please create a free account or log in to access this chart
Cash flow data
Operating cash flow (TTM)434.47M
Capital expenditures (TTM)0.00
Free cash flow (TTM)434.47M
Dividends paid (TTM)306.86M

Financial returns

Loading...
Please create a free account or log in to access this chart
Financial returns data
Return on Equity3.59%
Return on Assets2.32%
Return on Invested Capital1.85%
Cash Return on Invested Capital4.24%

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

STOCK INFORMATION

Stock chart

Loading...
Stock price data
Open72.02
Daily high73.37
Daily low71.46
Daily Volume659K
All-time high80.35
1y analyst estimate80.22
Beta0.62
EPS (TTM)1.87
Dividend per share3.04
Ex-div date31 Jan 2025
Next earnings date11 Feb 2025

Downside potential

Loading...
Downside potential data
ADCS&P500
Current price drop from All-time high-9.30%-1.96%
Highest price drop-74.32%-56.47%
Date of highest drop5 Mar 20099 Mar 2009
Avg drop from high-17.46%-11.10%
Avg time to new high42 days12 days
Max time to new high2311 days1805 days

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

COMPANY DETAILS
ADC (Agree Realty Corporation) company logo
Marketcap
7.91B
Marketcap category
Mid-cap
Description
Agree Realty Corporation (the "Company"), a Maryland corporation, is a fully integrated real estate investment trust ("REIT") primarily focused on the ownership, acquisition, development and management of retail properties net leased to industry leading tenants. The Company was founded in 1971 by its current Executive Chairman, Richard Agree, and its common stock was listed on the New York Stock Exchange in 1994. As of March 31, 2024, the Company owned 2,161 properties, with a total gross leasable area ("GLA") of approximately 44.9 million square feet.
Employees
72
Investor relations
SEC filings
CEO
Country
USA
City
Stock type
Common stock
CCC status
Dividend Challenger
Dividend Frequency
-
EVENTS AND PRESENTATIONS
EventsPresentations
Loading...

iO Charts is a Seeking Alpha partner

iO Charts is a Seeking Alpha partner

UNDERSTAND THE BUSINESS
Loading...