ADC:NYE-Agree Realty Corporation (USD)

COMMON STOCK | REIT-Retail | NYE

Last Closing Price

USD 73.19

Change

-0.26 (-0.35)%

Market Cap

USD 5.55B

Volume

0.78M

Avg Analyst Target

USD 77.08 (+5.32%)

Avg User Target

USD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


ADC Stock Forecast & Price:
Based on the Agree Realty Corporation stock forecasts from 9 analysts, the average analyst target price for Agree Realty Corporation is USD 77.08 over the next 12 months. Agree Realty Corporation’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Agree Realty Corporation is Neutral, which is based on 9 positive signals and 8 negative signals. At the last closing, Agree Realty Corporation’s stock price was USD 73.19. Agree Realty Corporation’s stock price has changed by +5.46% over the past week, +6.01% over the past month and +3.70% over the last year.

About Agree Realty Corporation (ADC:NYE)

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, l ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-06-29 )

Largest Industry Peers for REIT-Retail

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

-0.98 (-1.49%)

USD53.44B 9.33 N/A
O Realty Income Corp

+0.23 (+0.33%)

USD41.77B 73.09 27.89
SPG Simon Property Group Inc

-1.99 (-2.01%)

USD37.31B 14.64 12.09
KIM Kimco Realty Corporation

-0.19 (-0.93%)

USD12.55B 12.16 11.82
FRT-PC Federal Realty Investment Trus..

+0.26 (+1.07%)

USD9.97B 7.47 N/A
NNN-PF National Retail Properties Inc

N/A

USD9.04B 19.18 N/A
KIM-PL Kimco Realty Corporation

+0.33 (+1.36%)

USD7.92B 14.74 N/A
KIM-PM Kimco Realty Corporation

+0.06 (+0.25%)

USD7.91B 14.62 N/A
FRT Federal Realty Investment Trus..

-1.35 (-1.37%)

USD7.87B 29.91 17.64
NNN National Retail Properties Inc

+0.11 (+0.25%)

USD7.76B 26.42 16.55

ETFs Containing ADC

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

-0.49 (-0.99%)

USD0.04B
PXSG Invesco S&P SmallCap Mome.. 0.00 % 0.39 %

N/A

USD0.08B
XSLV Invesco S&P SmallCap Low .. 0.00 % 0.25 %

-0.15 (-0.34%)

USD0.72B
RTL Necessity Retail REIT Inc 0.00 % 0.60 %

-0.02 (-0.27%)

USD0.98B
NETL Fundamental Income Net Le.. 0.00 % 0.60 %

-0.11 (-0.42%)

USD0.11B
ZSML:CA BMO S&P US Small Cap Inde.. 0.00 % 0.23 %

-0.44 (-1.36%)

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

-1.96 (-9.34%)

N/A
ZSML-F:CA BMO S&P US Small Cap Inde.. 0.00 % 0.20 %

N/A

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

-1.23 (-6.26%)

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 % 0.60 %

-0.11 (-0.51%)

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 2.56% 93% A 88% B+
Dividend Return 1.94% 38% F 59% F
Total Return 4.50% 93% A 87% B+
Trailing 12 Months  
Capital Gain 3.83% 91% A- 86% B
Dividend Return 3.85% 32% F 62% D-
Total Return 7.68% 87% B+ 86% B
Trailing 5 Years  
Capital Gain 59.56% 96% A 82% B-
Dividend Return 25.84% 72% C- 81% B-
Total Return 85.40% 96% A 85% B
Average Annual (5 Year Horizon)  
Capital Gain 9.94% 77% C+ 64% D
Dividend Return 3.93% 41% F 76% C
Total Return 13.87% 74% C 69% D+
Risk Return Profile  
Volatility (Standard Deviation) 16.21% 82% B- 67% D+
Risk Adjusted Return 85.56% 100% A+ 91% A-
Market Capitalization 5.55B 77% C+ 77% 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 41.26 23% F 13% F
Price/Book Ratio 1.59 50% F 48% F
Price / Cash Flow Ratio 22.52 9% F 14% F
EV/EBITDA 23.93 17% F 12% F
Management Effectiveness  
Return on Equity 3.98% 33% F 30% F
Return on Invested Capital 4.25% 49% F 42% F
Return on Assets 2.36% 44% F 47% F
Debt to Equity Ratio 44.70% 95% A 63% D
Technical Ratios  
Dividend Yield 3.82% 7% F 56% F
Short Ratio 10.32 17% F 3% F
Short Percent 19.17% 8% F 23% F
Beta 0.42 100% A+ 86% 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

Discussions

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:
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.

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.

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:
Below median total returns

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

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.

Poor return on equity

The company management has delivered below median return on equity 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 assets

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

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.