ADC:NYE-Agree Realty Corporation (USD)

COMMON STOCK | REIT-Retail | NYE

Last Closing Price

USD 67.67

Change

-0.76 (-1.11)%

Market Cap

USD 4.77B

Volume

0.35M

Avg Analyst Target

USD 77.46 (+14.47%)

Avg User Target

USD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

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.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-09-24 )

Largest Industry Peers for REIT-Retail

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
SPG-PJ Simon Property Group Inc

+0.12 (+0.16%)

USD62.10B 15.87 N/A
SPG Simon Property Group Inc

-1.27 (-0.94%)

USD44.40B 29.20 17.67
O Realty Income Corporation

-1.32 (-1.95%)

USD25.31B 70.14 25.71
KIM Kimco Realty Corporation

-0.26 (-1.19%)

USD13.40B 24.07 21.26
FRT-PC Federal Realty Investment Trus..

-0.34 (-1.29%)

USD10.71B 13.37 N/A
FRT Federal Realty Investment Trus..

-0.44 (-0.37%)

USD9.29B 60.55 23.81
NNN-PF National Retail Properties Inc

-0.01 (-0.04%)

USD9.03B 19.15 N/A
KIM-PM Kimco Realty Corporation

-0.09 (-0.32%)

USD8.81B 29.53 N/A
KIM-PL Kimco Realty Corporation

+0.01 (+0.04%)

USD8.56B 28.88 N/A
NNN National Retail Properties Inc

-0.59 (-1.32%)

USD7.86B 34.16 19.47

ETFs Containing ADC

Symbol Name Weight Mer Price(Change) Market Cap
PSCF Invesco S&P SmallCap Fina.. 0.00 % 0.29 %

+0.16 (+0.28%)

USD0.05B
PXSG Invesco S&P SmallCap Mome.. 0.00 % 0.39 %

N/A

USD0.08B
VTWV Vanguard Russell 2000 Val.. 0.00 % 0.15 %

-0.31 (-0.22%)

USD1.30B
XSLV Invesco S&P SmallCap Low .. 0.00 % 0.25 %

+0.07 (+0.15%)

USD1.15B
RTL Pacer Benchmark Retail Re.. 0.00 % 0.60 %

N/A

USD0.81M
ZSML:CA BMO S&P US Small Cap Inde.. 0.00 % 0.23 %

+0.01 (+0.03%)

N/A
GIGR:CA Guardian i3 Global REIT E.. 0.00 % 1.06 %

N/A

N/A
SMLE DBX ETF Trust - S&P Small.. 0.00 % 0.15 %

N/A

N/A
ZSML-F:CA BMO S&P US Small Cap Inde.. 0.00 % 0.00 %

N/A

N/A
GIGR-B:CA Guardian i3 Global REIT E.. 0.00 % 1.06 %

-0.62 (-2.83%)

N/A
ZSML-U:CA BMO S&P US Small Cap Inde.. 0.00 % 0.23 %

N/A

N/A
SMIG ETF Series Solutions - AA.. 0.00 % 0.00 %

+0.09 (+0.38%)

N/A

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 1.64% 24% F 34% F
Dividend Return 2.56% 22% F 57% F
Total Return 4.20% 24% F 34% F
Trailing 12 Months  
Capital Gain 8.31% 31% F 28% F
Dividend Return 3.72% 10% F 54% F
Total Return 12.03% 24% F 28% F
Trailing 5 Years  
Capital Gain 36.32% 100% A+ 58% F
Dividend Return 23.26% 80% B- 78% C+
Total Return 59.58% 100% A+ 62% D-
Average Annual (5 Year Horizon)  
Capital Gain 10.64% 96% A 64% D
Dividend Return 3.99% 51% F 77% C+
Total Return 14.63% 98% A+ 69% D+
Risk Return Profile  
Volatility (Standard Deviation) 16.04% 86% B 68% D+
Risk Adjusted Return 91.25% 100% A+ 88% B+
Market Capitalization 4.77B 74% C 72% C-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(REIT-Retail)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 41.58 39% F 17% F
Price/Book Ratio 1.57 61% D- 57% F
Price / Cash Flow Ratio 33.38 13% F 11% F
EV/EBITDA 24.72 18% F 19% F
Management Effectiveness  
Return on Equity 366.04% 98% A+ 92% A-
Return on Invested Capital 4.18% 73% C 50% F
Return on Assets 2.42% 71% C- 49% F
Debt to Equity Ratio 44.58% 98% A+ 65% D
Technical Ratios  
Short Ratio 24.15 3% F 1% F
Short Percent 11.72% 17% F 26% F
Beta 0.33 100% A+ 87% B+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

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User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

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:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

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.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

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.

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.

Superior Dividend Growth

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

What to not like:
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.

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 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.