ADC:NYE-Agree Realty Corporation (USD)

COMMON STOCK | REIT—Retail | NYE

Last Closing Price

USD 64.33

Change

+1.85 (+2.96)%

Market Cap

USD 3.36B

Volume

0.42M

Average Target Price

USD 72.00 (+11.92%)
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 June 30, 2020, the Company owned and operated a portfolio of 936 properties, located in 46 states and containing approximately 18.4 million square feet of gross leasable area. The common stock of Agree Realty Corporation is listed on the New York Stock Exchange under the symbol ADC. Address: 70 East Long Lake Road, Bloomfield Hills, MI, United States, 48304

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-09-28 )

Largest Industry Peers for REIT—Retail

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

+0.48 (+0.71%)

USD57.49B 8.44 N/A
O Realty Income Corporation

+1.74 (+2.90%)

USD20.68B 40.21 19.68
SPG Simon Property Group, Inc

+2.21 (+3.48%)

USD19.45B 11.04 10.52
FRT-PC Federal Realty Investment Trus..

+0.10 (+0.38%)

USD10.82B 4.88 N/A
NNN-PF National Retail Properties, In..

+0.13 (+0.50%)

USD9.27B 14.07 N/A
KIM-PL Kimco Realty Corporation

+0.36 (+1.37%)

USD8.69B 27.13 N/A
KIM-PM Kimco Realty Corporation

+0.43 (+1.63%)

USD8.67B 27.38 N/A
NNN National Retail Properties, In..

+1.08 (+3.16%)

USD5.94B 26.22 15.49
FRT Federal Realty Investment Trus..

+1.81 (+2.48%)

USD5.53B 20.15 14.33
KIM Kimco Realty Corporation

+0.34 (+3.03%)

USD4.85B 4.82 6.58

ETFs Containing ADC

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

+1.40 (+3.85%)

USD0.03B
PXSG Invesco S&P SmallCap Mome.. 0.00 % 0.39 %

N/A

USD0.08B
ROOF IQ U.S. Real Estate Small.. 0.00 % 0.70 %

+0.66 (+3.84%)

USD0.04B
SLYG SPDR S&P 600 Small Cap Gr.. 0.00 % 0.15 %

+1.40 (+2.43%)

USD1.54B
RTL Pacer Benchmark Retail Re.. 0.00 % 0.60 %

N/A

USD0.81M
IDP6:LSE iShares III Public Limite.. 0.00 % 0.40 %

+1.95 (+3.53%)

USD0.73B
ISP6:LSE iShares S&P SmallCap 600 .. 0.00 % 0.40 %

+105.00 (+2.42%)

USD0.81B
IUS3:F iShares S&P SmallCap 600 .. 0.00 % 0.40 %

+1.26 (+2.64%)

USD0.81B
IUS3:XETRA iShares S&P SmallCap 600 .. 0.00 % 0.40 %

+1.52 (+3.20%)

USD0.81B

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 -8.32% 81% B- 50% F
Dividend Return 2.54% 52% F 67% D+
Total Return -5.78% 81% B- 52% F
Trailing 12 Months  
Capital Gain -12.06% 83% B 39% F
Dividend Return 3.24% 22% F 66% D
Total Return -8.82% 83% B 39% F
Trailing 5 Years  
Capital Gain 115.51% 100% A+ 88% B+
Dividend Return 35.61% 88% B+ 85% B
Total Return 151.12% 100% A+ 91% A-
Average Annual (5 Year Horizon)  
Capital Gain 16.49% N/A N/A 88% B+
Dividend Return 4.31% N/A N/A 80% B-
Total Return 20.80% N/A N/A 90% A-
Risk Return Profile  
Volatility (Standard Deviation) 16.85% N/A N/A 48% F
Risk Adjusted Return 123.46% N/A N/A 95% A
Market Capitalization 3.36B 77% C+ 73% 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 32.15 32% F 20% F
Price/Book Ratio 1.54 28% F 44% F
Price / Cash Flow Ratio 26.55 2% F 10% F
EV/EBITDA 22.19 7% F 20% F
Management Effectiveness  
Return on Equity 4.94% 57% F 49% F
Return on Invested Capital 4.56% 62% D- 45% F
Return on Assets 2.66% 73% C 59% F
Debt to Equity Ratio 46.37% 90% A- 63% D
Technical Ratios  
Short Ratio 18.59 13% F 2% F
Short Percent 19.97% 20% F 28% F
Beta 0.22 94% A 88% 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:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

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:
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.