ADC:NYE-Agree Realty Corporation (USD)

COMMON STOCK | REIT-Retail | NYE

Last Closing Price

USD 71.52

Change

+0.53 (+0.75)%

Market Cap

USD 4.51B

Volume

0.72M

Average Target Price

USD 71.42 (-0.14%)
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: 2021-04-21 )

Largest Industry Peers for REIT-Retail

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

-0.20 (-0.29%)

USD58.37B 19.23 N/A
SPG Simon Property Group, Inc

+3.37 (+2.95%)

USD37.38B 31.73 18.91
O Realty Income Corporation

+0.75 (+1.09%)

USD25.62B 60.17 24.12
FRT-PC Federal Realty Investment Trus..

+0.14 (+0.53%)

USD10.72B 16.29 N/A
NNN-PF National Retail Properties, In..

-0.03 (-0.12%)

USD9.33B 21.25 N/A
KIM-PM Kimco Realty Corporation

+0.11 (+0.41%)

USD8.75B 11.84 N/A
KIM-PL Kimco Realty Corporation

-0.01 (-0.04%)

USD8.68B 11.81 N/A
KIM Kimco Realty Corporation

+0.39 (+1.97%)

USD8.58B 8.79 9.26
FRT Federal Realty Investment Trus..

+2.27 (+2.12%)

USD8.32B 66.07 22.98
NNN National Retail Properties, In..

+0.45 (+0.96%)

USD8.20B 38.26 20.50

ETFs Containing ADC

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

+0.93 (+1.66%)

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

N/A

USD0.08B
RTL Pacer Benchmark Retail Re.. 0.00 % 0.60 %

N/A

USD0.81M
NETL Fundamental Income Net Le.. 0.00 % 0.60 %

+0.29 (+0.99%)

USD0.07B

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 7.42% 33% F 48% F
Dividend Return 0.93% 12% F 49% F
Total Return 8.35% 33% F 49% F
Trailing 12 Months  
Capital Gain 16.90% 26% F 26% F
Dividend Return 3.99% 14% F 55% F
Total Return 20.89% 19% F 26% F
Trailing 5 Years  
Capital Gain 81.62% 100% A+ 74% C
Dividend Return 27.78% 88% B+ 81% B-
Total Return 109.40% 100% A+ 78% C+
Average Annual (5 Year Horizon)  
Capital Gain 10.07% 100% A+ 73% C
Dividend Return 4.01% 60% D- 78% C+
Total Return 14.08% 100% A+ 77% C+
Risk Return Profile  
Volatility (Standard Deviation) 16.31% 81% B- 61% D-
Risk Adjusted Return 86.36% 100% A+ 88% B+
Market Capitalization 4.51B 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 40.80 50% F 19% F
Price/Book Ratio 1.73 50% F 55% F
Price / Cash Flow Ratio 31.57 13% F 11% F
EV/EBITDA 26.32 18% F 23% F
Management Effectiveness  
Return on Equity 4.36% 65% D 47% F
Return on Invested Capital 4.19% 71% C- 50% F
Return on Assets 2.47% 71% C- 57% F
Debt to Equity Ratio 44.61% 98% A+ 66% D
Technical Ratios  
Short Ratio 3.17 52% F 26% F
Short Percent 6.73% 25% F 39% F
Beta 0.32 100% 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 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.

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.

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 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.