Agree Realty Corporation (ADC)
Company Info
| ISIN | US0084921008 |
|---|---|
| CUSIP | 008492100 |
| Sector | Real Estate |
| Industry | REIT - Retail |
Highlights
| Market Cap | $7.66B |
|---|---|
| EPS (TTM) | $1.79 |
| PE Ratio | 42.40 |
| PEG Ratio | -28.74 |
| Total Revenue (TTM) | $446.19M |
| Gross Profit (TTM) | $295.28M |
| EBITDA (TTM) | $373.43M |
| Year Range | $50.42 - $77.04 |
| Target Price | $76.75 |
| Short % | 12.24% |
| Short Ratio | 8.87 |
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: ADC vs. O, ADC vs. LTC, ADC vs. STAG, ADC vs. EPR, ADC vs. PSEC, ADC vs. FR, ADC vs. ABR, ADC vs. MAIN, ADC vs. MO, ADC vs. APLE
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Agree Realty Corporation, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Agree Realty Corporation had a return of 24.45% year-to-date (YTD) and 44.39% in the last 12 months. Over the past 10 years, Agree Realty Corporation had an annualized return of 14.82%, outperforming the S&P 500 benchmark which had an annualized return of 11.71%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 24.45% | 22.95% |
| 1 month | 0.26% | 4.39% |
| 6 months | 36.73% | 18.07% |
| 1 year | 44.39% | 37.09% |
| 5 years (annualized) | 4.13% | 14.48% |
| 10 years (annualized) | 14.82% | 11.71% |
Monthly Returns
The table below presents the monthly returns of ADC, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -4.92% | -7.41% | 4.41% | 0.61% | 6.63% | 2.36% | 11.75% | 6.22% | 3.52% | 24.45% | |||
| 2023 | 5.56% | -4.84% | -2.72% | -0.54% | -4.79% | 1.78% | -0.57% | -4.19% | -10.25% | 1.73% | 6.29% | 6.74% | -7.07% |
| 2022 | -8.05% | -1.53% | 3.79% | 2.70% | 2.78% | 4.01% | 10.68% | -5.08% | -9.97% | 2.02% | 2.18% | 1.75% | 3.50% |
| 2021 | -4.77% | 2.48% | 4.58% | 4.85% | 0.19% | 0.61% | 6.92% | -0.51% | -10.87% | 7.64% | -4.61% | 5.96% | 11.28% |
| 2020 | 8.21% | -5.41% | -12.96% | 5.19% | -3.59% | 5.65% | 1.92% | -0.07% | -3.98% | -2.47% | 6.17% | 2.02% | -1.40% |
| 2019 | 11.69% | -0.45% | 6.34% | -5.58% | 2.26% | -3.47% | 4.37% | 11.73% | -1.29% | 7.68% | -5.07% | -5.36% | 22.71% |
| 2018 | -6.42% | -2.16% | 3.13% | 1.75% | 8.31% | 0.69% | 0.89% | 7.19% | -5.95% | 7.81% | 4.02% | 0.19% | 19.75% |
| 2017 | 1.85% | 5.82% | -2.35% | 1.08% | -6.09% | 1.83% | 7.19% | 1.93% | -1.06% | -3.65% | 4.55% | 5.08% | 16.42% |
| 2016 | 8.62% | 0.35% | 5.10% | 0.81% | 9.77% | 14.50% | 5.14% | -5.38% | 4.01% | -2.20% | -7.16% | 3.70% | 41.42% |
| 2015 | 11.42% | -5.23% | 1.82% | -6.64% | -1.53% | -2.22% | 6.24% | -8.20% | 6.56% | 8.48% | 3.58% | 2.74% | 15.95% |
| 2014 | -1.48% | 7.52% | 0.34% | -1.78% | 3.25% | -0.57% | -3.14% | 0.85% | -5.82% | 11.80% | 0.65% | 2.38% | 13.59% |
| 2013 | 5.86% | -1.02% | 8.82% | -0.10% | 10.84% | -10.19% | 2.17% | -10.15% | 12.89% | 4.61% | -7.19% | 0.49% | 14.65% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of ADC is 87, placing it in the top 13% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Agree Realty Corporation (ADC) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Agree Realty Corporation granted a 3.95% dividend yield in the last twelve months. The annual payout for that period amounted to $2.98 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.98 | $2.92 | $2.81 | $2.60 | $2.41 | $2.28 | $2.16 | $2.03 | $1.92 | $1.85 | $1.74 | $1.64 |
Dividend yield | 3.95% | 4.64% | 3.95% | 3.65% | 3.61% | 3.25% | 3.65% | 3.94% | 4.17% | 5.43% | 5.60% | 5.65% |
Monthly Dividends
The table displays the monthly dividend distributions for Agree Realty Corporation. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.25 | $0.25 | $0.25 | $0.25 | $0.25 | $0.25 | $0.25 | $0.25 | $0.25 | $0.00 | $2.24 | ||
| 2023 | $0.24 | $0.24 | $0.24 | $0.24 | $0.24 | $0.24 | $0.24 | $0.24 | $0.24 | $0.25 | $0.25 | $0.25 | $2.92 |
| 2022 | $0.23 | $0.23 | $0.23 | $0.23 | $0.23 | $0.23 | $0.23 | $0.23 | $0.23 | $0.24 | $0.24 | $0.24 | $2.81 |
| 2021 | $0.21 | $0.21 | $0.21 | $0.22 | $0.22 | $0.22 | $0.22 | $0.22 | $0.22 | $0.23 | $0.23 | $0.23 | $2.60 |
| 2020 | $0.00 | $0.00 | $0.59 | $0.00 | $0.00 | $0.60 | $0.00 | $0.00 | $0.60 | $0.00 | $0.00 | $0.62 | $2.41 |
| 2019 | $0.00 | $0.00 | $0.56 | $0.00 | $0.00 | $0.57 | $0.00 | $0.00 | $0.57 | $0.00 | $0.00 | $0.59 | $2.28 |
| 2018 | $0.00 | $0.00 | $0.52 | $0.00 | $0.00 | $0.54 | $0.00 | $0.00 | $0.54 | $0.00 | $0.00 | $0.56 | $2.16 |
| 2017 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.51 | $0.00 | $0.00 | $0.51 | $0.00 | $0.00 | $0.52 | $2.03 |
| 2016 | $0.00 | $0.00 | $0.47 | $0.00 | $0.00 | $0.48 | $0.00 | $0.00 | $0.48 | $0.00 | $0.00 | $0.50 | $1.92 |
| 2015 | $0.00 | $0.00 | $0.45 | $0.00 | $0.00 | $0.47 | $0.00 | $0.00 | $0.47 | $0.00 | $0.00 | $0.47 | $1.85 |
| 2014 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.45 | $1.74 |
| 2013 | $0.41 | $0.00 | $0.00 | $0.41 | $0.00 | $0.00 | $0.41 | $0.00 | $0.00 | $0.41 | $1.64 |
Dividend Yield & Payout
Dividend Yield
Payout Ratio
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Agree Realty Corporation. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Agree Realty Corporation was 70.25%, occurring on Nov 20, 2008. Recovery took 463 trading sessions.
The current Agree Realty Corporation drawdown is 1.45%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -70.25% | Feb 1, 2007 | 457 | Nov 20, 2008 | 463 | Sep 24, 2010 | 920 |
| -39% | Feb 24, 2020 | 18 | Mar 18, 2020 | 342 | Jul 27, 2021 | 360 |
| -30.13% | Mar 23, 2004 | 36 | May 12, 2004 | 152 | Dec 17, 2004 | 188 |
| -29.51% | Aug 16, 2022 | 284 | Oct 2, 2023 | 228 | Aug 28, 2024 | 512 |
| -28.73% | Jan 27, 1998 | 476 | Dec 14, 1999 | 308 | Mar 7, 2001 | 784 |
Volatility
Volatility Chart
The current Agree Realty Corporation volatility is 3.85%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Financials
Financial Performance
Valuation
The Valuation section provides an assessment of the market value of Agree Realty Corporation compared to its peers in the REIT - Retail industry.
PE Ratio
The chart displays the price to earnings (P/E) ratio for ADC in comparison to other companies of the REIT - Retail industry. Currently, ADC has a PE value of 42.4. This PE ratio falls in the average range for the industry.PEG Ratio
The chart displays the price to earnings to growth (PEG) ratio for ADC in comparison to other companies of the REIT - Retail industry. Currently, ADC has a PEG value of -28.7. This PEG value is considered to be low compared to the rest of the industry.Historical P/E Ratio Chart
The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Agree Realty Corporation.
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Income Statement
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| Revenue | |
Total Revenue | — |
Cost Of Revenue | — |
Gross Profit | — |
| Operating Expenses | |
Selling, General & Admin Expenses | — |
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Depreciation And Amortization | — |
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| Income | |
Income Before Tax | — |
Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |