Agree Realty Corp.
Symbol: ADC
CIK: 917251
Exchange: NYSE
Founded: 1971 (49 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
 |
 |
 |
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
Stock Chart
See in Advanced Graph ViewHightlights of Trading Day October 23, 2020
Closing Price: $65.42
Price Change: 0.03 (0.046%)
Lowest Price: $65.21
Highest Price: $66.25
52-Week Low: $45.23
52-Week High: $80.51
52-Week Change: -15.72%
5 Day Price Change: *Login
1 Month Price Change: *Login
3 Month Price Change: *Login
6 Month Price Change: *Login
YTD Price Change: *Login
1 Year Price Change: *Login
2 Year Price Change: *Login
5 Year Price Change: *Login
Dividend of Trading Day October 23, 2020
Annualized Dividend: *Login
Dividend Yield (TTM): *Login
Annualized Dividend (TTM): *Login
Ex Dividend Date: *Login
Dividend Frequency: *Login
*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.
Funds From Operations (FFO)
Login to see Funds From Operations (FFO) 
Key Stats of Trading Day October 23, 2020
Current Debt: *Login
Revenue: *Login
Gross Profit: *Login
Total Revenue: *Login
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): *Login
Revenue Per Share: *Login
Revenue Per Employee: *Login
Employee: *Login
Debt to Equity Ratio (D/E): *Login
Enterprise Value (EV): *Login
Enterprise Value to Revenue (EV/R): *Login
Price to Sales (P/S): *Login
Price to Book (P/B): *Login
Peg Ratio: *Login
P/E Ratio: *Login
P/E High: *Login
P/E Low: *Login
Forward P/E Ratio: *Login
Market Capitalization: *Login
Latest Volume: *Login
Avg. Total Volume: *Login
Avg. 10 Volume: *Login
Avg. 30 Volume: *Login
TTM EPS: *Login
TTM Dividend Rate: *Login
Shares Outstanding: *Login
Float: *Login
50-Day Moving Avg.: *Login
200-Day Moving Avg.: *Login
Latest REIT Community Comments on #ADC
- #ADC had a really good Q1, increasing AFFO from $0.72 in Q1 2019 to $0.82 in Q1 2020. - 777i - 2020-07-01 20:31:02 - See full comment
- Hi Blueblue the good thing is that you can now get #ADC at $62, I bought some last week and will buy more of keeps dropping this week to come. - Omick99 - 2020-05-02 18:24:24 - See full comment
- Some of the best-managed REITs are #PLD #O #TRNO #ADC #NNN #ARE #STOR although this is not my exhaustive list. - LLNN - 2020-03-29 10:53:02 - See full comment
Properties Owned by ADC
Properties Based on REIT's Official Presentation
| 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
Properties Based on Earnings Report's 10-K
Occupancy Rate
Login to see Occupancy Rate
Dividend History
Below are the most recent cash dividends paid by ADC. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.
| Symbol | Ex Date | Cash Amount | Change in Dividend | Declaration Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
Login to see Dividend History |
||||||
Financial Statements Overview
Balance Sheet (Quarterly)
See Annual Balance Sheet | See Quarterly Balance Sheet
Login to see Balance Sheet
Income Statement (Quarterly)
See Annual Income Statement | See Quarterly Income Statement
Login to see Income Statement
Cash Flow
See Annual Cash Flow | See Quarterly Cash Flow
Login to see Cash Flow
About Agree Realty Corp.
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”.
REITRating™ Scorecard
| 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. | 6.6 |
| 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. | 6.8 |
| Rating | AFFO & Efficiency Section | Avg. Rating |
| 10 | AFFO Trend: Analysis of the REIT’s AFFO trend during the last two years. | 8.4 |
| 8 | AFFO to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues. | 6.8 |
| 9 | Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. | 7.2 |
| 9 | Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. | 7.8 |
| Rating | Leverage Section | Avg. Rating |
| 9 | Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. | 5.0 |
| 10 | Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. | 6.5 |
| 8 | Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. | 8.2 |
| 6 | Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. | 8.5 |
| 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. | 6.8 |
| Rating | Asset & Revenue Section | Avg. Rating |
| 10 | Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. | 5.4 |
| 10 | Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. | 7.2 |
| Rating | Properties Section | Avg. Rating |
| 10 | Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. | 7.6 |
| 9 | Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. | 7.1 |
| 9 | Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. | 8.1 |
| 7 | Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. | 8.0 |
| Rating | Market Cap Section | Avg. Rating |
| 9 | Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. | 4.8 |
| 9.2 | Overall REITRating™ Score | 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.
Related REITs
| REIT | REITRating™ Score | Exchange | Market Capitalization | Sector | Country |
|---|---|---|---|---|---|
| Saul Centers, Inc. (BFS) | 6.8 | NYSE | Small-Cap | Retail | United States |
| CBL & Associates Properties, Inc. (CBL) | 4.3 | NYSE | Micro-Cap | Retail | United States |
| Anworth Mortgage Asset Corporation (ANH) | 3.4 | NYSE | Micro-Cap | Mortgage | United States |
| Preferred Apartment Communities, Inc. (APTS) | 5.9 | NYSE | Micro-Cap | Retail Office Residential | United States |