ADC:NYE-Agree Realty Corporation (USD)

COMMON STOCK | REIT - Retail |

Last Closing

USD 70.95

Change

+0.66 (+0.94)%

Market Cap

USD 8.14B

Volume

0.32M

Analyst Target

USD 76.50
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-12-24 )

Largest Industry Peers for REIT - Retail

Symbol Name Price(Change) Market Cap
SPG Simon Property Group Inc

+1.97 (+1.15%)

USD 64.43B
SPG-PJ Simon Property Group Inc

N/A

USD 50.71B
O Realty Income Corporation

+0.24 (+0.45%)

USD 46.20B
FRT Federal Realty Investment Trus..

+0.60 (+0.54%)

USD 9.75B
FRT-PC Federal Realty Investment Trus..

+0.08 (+0.35%)

USD 8.65B
BRX Brixmor Property

+0.19 (+0.69%)

USD 8.28B
NNN National Retail Properties Inc

+0.26 (+0.64%)

USD 7.57B
KIM-PM Kimco Realty Corporation

-0.11 (-0.52%)

USD 6.97B
KIM-PL Kimco Realty Corporation

-0.19 (-0.90%)

USD 6.91B
AKR Acadia Realty Trust

+0.24 (+1.01%)

USD 3.29B

ETFs Containing ADC

NETL Fundamental Income Net Le.. 4.31 % 0.00 %

+0.15 (+-0.62%)

USD 0.05B
JPSV Jpmorgan Active Small Cap.. 1.38 % 0.00 %

-0.37 (-0.62%)

USD 0.02B
IYR iShares U.S. Real Estate .. 0.00 % 0.42 %

+0.62 (+-0.62%)

N/A
PXSG Invesco S&P SmallCap Mome.. 0.00 % 0.39 %

+0.60 (+-0.62%)

N/A
RTL 0.00 % 0.60 %

N/A

N/A
KSCD 0.00 % 0.00 %

N/A

N/A
HGR:CA Harvest Global REIT Leade.. 0.00 % 2.68 %

+0.03 (+-0.62%)

CAD 0.05B

Market Performance

  Market Performance vs. Industry/Classification (REIT - Retail) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 12.71% 72% C 67% D+
Dividend Return 4.76% 58% F 64% D
Total Return 17.47% 69% C- 69% C-
Trailing 12 Months  
Capital Gain 12.55% 72% C 67% D+
Dividend Return 5.15% 42% F 66% D+
Total Return 17.69% 66% D+ 70% C-
Trailing 5 Years  
Capital Gain 2.31% 72% C 50% F
Dividend Return 19.80% 29% F 64% D
Total Return 22.11% 69% C- 50% F
Average Annual (5 Year Horizon)  
Capital Gain 0.33% 29% F 33% F
Dividend Return 4.28% 29% F 41% F
Total Return 3.96% 32% F 74% C
Risk Return Profile  
Volatility (Standard Deviation) 13.54% 82% B 71% C-
Risk Adjusted Return 31.62% 32% F 46% F
Market Capitalization 8.14B 71% C- 83% B

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.