ADC:NYE-Agree Realty Corporation (USD)

EQUITY | REIT - Retail | New York Stock Exchange

Last Closing

USD 55.83

Change

+0.65 (+1.18)%

Market Cap

USD 1.13B

Volume

0.79M

Analyst Target

USD 76.50
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Agree Realty Corp is engaged in fully-integrated, self-administered and self-managed REIT. It is focused on the ownership, development, acquisition and management of retail properties net leased to national tenants.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-04-18 )

Largest Industry Peers for REIT - Retail

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

-4.30 (-2.97%)

USD 54.25B
SPG-PJ Simon Property Group Inc

-1.65 (-2.84%)

USD 48.02B
O Realty Income Corp

-0.77 (-1.42%)

USD 45.65B
KIM Kimco Realty Corporation

-0.18 (-0.96%)

USD 12.48B
FRT-PC Federal Realty Investment Trus..

-0.25 (-1.20%)

USD 8.46B
FRT Federal Realty Investment Trus..

+0.88 (+0.85%)

USD 8.33B
NNN National Retail Properties Inc

-0.11 (-0.27%)

USD 7.46B
KIM-PM Kimco Realty Corporation

-0.41 (-1.81%)

USD 7.38B
KIM-PL Kimco Realty Corporation

-0.26 (-1.19%)

USD 7.12B
BRX Brixmor Property

-0.05 (-0.23%)

USD 6.78B

ETFs Containing ADC

HGR:CA Harvest Global REIT Leade.. 4.77 % 2.68 %

-0.03 (-0.52%)

CAD 0.02B
NETL Fundamental Income Net Le.. 4.21 % 0.00 %

-0.11 (-0.52%)

USD 0.05B
PXSG 0.00 % 0.39 %

N/A

N/A
RTL 0.00 % 0.60 %

N/A

N/A
KSCD 0.00 % 0.00 %

N/A

N/A

Market Performance

  Market Performance vs. Industry/Classification (REIT - Retail) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -11.31% 24% F 16% F
Dividend Return 1.18% 33% F 55% F
Total Return -10.13% 18% F 16% F
Trailing 12 Months  
Capital Gain -16.93% 9% A- 16% F
Dividend Return 4.37% 9% A- 63% D
Total Return -12.56% 9% A- 16% F
Trailing 5 Years  
Capital Gain -14.52% 62% D 33% F
Dividend Return 20.21% 45% F 73% C
Total Return 5.69% 62% D 38% F
Average Annual (5 Year Horizon)  
Capital Gain -2.90% 26% F 28% F
Dividend Return 0.97% 17% F 33% F
Total Return 3.87% 24% F 70% C-
Risk Return Profile  
Volatility (Standard Deviation) 10.64% 83% B 79% B-
Risk Adjusted Return 9.10% 26% F 35% F
Market Capitalization 1.13B 70% C- 77% C+

Key Financial Ratios

  Ratio vs. Industry/Classification (REIT - Retail) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 23.40 34% 21%
Price/Book Ratio 1.12 79% 65%
Price / Cash Flow Ratio 14.29 24% 26%
Price/Free Cash Flow Ratio 17.74 21% 19%
Management Effectiveness  
Return on Equity 3.47% 38% 36%
Return on Invested Capital 3.67% 51% 38%
Return on Assets 2.24% 50% 47%
Debt to Equity Ratio 46.37% 94% 63%

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.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

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.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

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 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 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.