ADC:NYE-Agree Realty Corporation (USD)

COMMON STOCK | REIT—Retail | NYE

Last Closing Price

USD 61.90

Change

-1.92 (-3.01)%

Market Cap

USD 2.87B

Volume

1.96M

Average Target Price

USD 80.50 (+30.05%)
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 December 31, 2019, the Company owned and operated a portfolio of 821 properties, located in 46 states and containing approximately 14.6 million square feet of gross leasable space. The common stock of Agree Realty Corporation 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: 2020-03-31 )

Largest Industry Peers for REIT—Retail

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

-0.05 (-0.09%)

USD49.09B 8.53 10.18
O Realty Income Corporation

-3.27 (-6.15%)

USD19.58B 41.23 20.17
SPG Simon Property Group, Inc

-1.41 (-2.51%)

USD17.85B 8.54 10.36
FRT-PC Federal Realty Investment Trus..

+0.61 (+2.79%)

USD8.87B 4.74 9.26
NNN-PF National Retail Properties, In..

N/A

USD7.88B 14.04 12.42
KIM-PM Kimco Realty Corporation

-0.85 (-3.74%)

USD7.37B 28.03 21.32
KIM-PL Kimco Realty Corporation

-0.29 (-1.33%)

USD7.19B 27.51 21.07
NNN National Retail Properties, In..

-0.75 (-2.28%)

USD5.89B 21.96 16.28
FRT Federal Realty Investment Trus..

-0.39 (-0.52%)

USD5.75B 16.50 16.27
KIM Kimco Realty Corporation

-0.43 (-4.26%)

USD4.18B 12.09 13.78

ETFs Containing ADC

Symbol Name Weight Mer Price(Change) Market Cap
NETL Fundamental Income Net Le.. 4.12 % 0.60 %

-0.53 (-2.75%)

USD0.04B
ROOF IQ U.S. Real Estate Small.. 2.67 % 0.70 %

-0.04 (-0.25%)

USD0.06B
XSMO Invesco S&P SmallCap Mome.. 1.84 % 0.39 %

-0.13 (-0.44%)

USD0.08B
PSCF Invesco S&P SmallCap Fina.. 1.66 % 0.29 %

N/A

USD0.06B
IJT iShares S&P Small-Cap 600.. 0.92 % 0.25 %

-1.11 (-0.80%)

USD4.87B
SLYG SPDR S&P 600 Small Cap Gr.. 0.86 % 0.15 %

-0.25 (-0.54%)

USD1.76B
IJR iShares Core S&P Small-Ca.. 0.48 % 0.07 %

-0.14 (-0.25%)

USD41.95B

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 -11.79% 98% A+ 76% C
Dividend Return 0.83% 8% F 48% F
Total Return -10.95% 98% A+ 77% C+
Trailing 12 Months  
Capital Gain -9.36% 100% A+ 70% C-
Dividend Return 3.38% 11% F 70% C-
Total Return -5.97% 100% A+ 72% C-
Trailing 5 Years  
Capital Gain 86.90% 100% A+ 94% A
Dividend Return 31.28% 92% A- 88% B+
Total Return 118.18% 100% A+ 96% A
Average Annual (5 Year Horizon)  
Capital Gain 22.88% 100% A+ 93% A
Dividend Return 4.64% 55% F 79% C+
Total Return 27.52% 100% A+ 94% A
Risk Return Profile  
Volatility (Standard Deviation) 18.66% 26% F 42% F
Risk Adjusted Return 147.43% 100% A+ 97% A+
Market Capitalization 2.87B 73% C 74% C
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%

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 32.46 30% F 14% F
Price/Book Ratio 1.69 35% F 32% F
Price / Cash Flow Ratio 22.68 2% F 10% F
EV/EBITDA 23.20 10% F 8% F
Management Effectiveness  
Return on Equity 5.51% 56% F 37% F
Return on Invested Capital 4.51% 54% F 39% F
Return on Assets 2.74% 67% D+ 52% F
Debt to Equity Ratio 52.11% 94% A 61% D-
Technical Ratios  
Short Ratio 9.97 16% F 5% F
Short Percent 19.18% 25% F 35% F
Beta 0.14 94% A 89% 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 Rating

Target Price Action Rating Action Analyst Rating Price Date

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.

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.

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.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

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 compared to book value

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

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.