Symbol: ADC
CIK: 917251
Exchange: NYSE
Founded: 1971 (50 years)
HQ: Farmington Hills, MI, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Mid-Cap
REIT Sector: Retail
See ADC on Google Finance
See ADC on Yahoo Finance
See ADC on SEC.gov
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See score breakdown | See trend
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. Learn More
Properties | Types | States | Countries |
---|---|---|---|
868 | 4 | 46 | 1 |
Please visit REIT’s official webpage for the most up-to-date property list.
Sample of REIT’s Properties. Image Source - REIT’s website
See Annual Balance Sheet | See Quarterly Balance Sheet
See Annual Income Statement | See Quarterly Income Statement
See Annual Cash Flow | See Quarterly Cash Flow
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 March 31, 2018, the Company owned and operated a portfolio of 463 properties, located in 43 states and containing approximately 8.9 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”.
Rating | Dividend Section | Avg. Rating |
---|---|---|
9 | Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. | 4.3 |
10 | Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. | 6.0 |
10 | Dividend to AFFO Payout Ratio Health: Analysis of the REIT’s Dividend to AFFO Payout Ratios during the last four quarters. | 8.9 |
9 | Dividend to AFFO Payout Ratio Trend: Analysis of the REIT’s Dividend to AFFO Payout Ratios trend during the last two years. | 7.5 |
Rating | AFFO & Efficiency Section | Avg. Rating |
10 | AFFO Trend: Analysis of the REIT’s AFFO trend during the last two years. | 7.9 |
9 | AFFO to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues. | 6.8 |
10 | Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. | 8.0 |
10 | Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. | 8.7 |
Rating | Leverage Section | Avg. Rating |
9 | Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. | 6.2 |
10 | Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. | 7.8 |
9 | Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. | 7.8 |
6 | Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. | 8.6 |
9 | Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. | 5.0 |
10 | Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. | 6.7 |
Rating | Asset & Revenue Section | Avg. Rating |
10 | Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. | 5.0 |
10 | Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. | 6.9 |
Rating | Properties Section | Avg. Rating |
10 | Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. | 7.4 |
9 | Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. | 6.9 |
9 | Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. | 8.2 |
7 | Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. | 8.0 |
Rating | Market Cap Section | Avg. Rating |
10 | Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. | 4.8 |
9.4 | Overall REITRating™ Score (See trend) | 6.1 |
REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.
REIT | REITRating™ Score | Exchange | Market Capitalization | Sector | Country |
---|---|---|---|---|---|
Saul Centers, Inc. (BFS) | 6.9 | NYSE | Small-Cap | Retail | United States |
Anworth Mortgage Asset Corporation (ANH) | 2.5 | NYSE | Micro-Cap | Mortgage | United States |
Preferred Apartment Communities, Inc. (APTS) | 5.0 | NYSE | Small-Cap | Retail Office Residential | United States |
Last updated: 2021-01-18