Real Estate -
REIT - Retail - NYSE - US
$ 17.2
-0.174 %
$ 1.89 B
Market Cap
9.64
P/E
1. INTRINSIC VALUE
Balance Sheet
Agree Realty Corporation
| Current Assets | 113 M |
| Cash & Short-Term Investments | 6.4 M |
| Receivables | 106 M |
| Other Current Assets | 0 |
| Non-Current Assets | 8.37 B |
| Long-Term Investments | 0 |
| PP&E | 0 |
| Other Non-Current Assets | 8.37 B |
| Current Liabilities | 144 M |
| Accounts Payable | 116 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 27.8 M |
| Non-Current Liabilities | 2.83 B |
| Long-Term Debt | 2.78 B |
| Other Non-Current Liabilities | 51 M |
EFFICIENCY
Earnings Waterfall
Agree Realty Corporation
| Revenue | 617 M |
| Cost Of Revenue | 74.8 M |
| Gross Profit | 542 M |
| Operating Expenses | 240 M |
| Operating Income | 302 M |
| Other Expenses | 112 M |
| Net Income | 190 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Agree Realty Corporation
| Net Income | 190 M |
| Depreciation & Amortization | 240 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 10.8 M |
| Change in Working Capital | -2.57 M |
| Others | -11.1 M |
| Free Cash Flow | 432 M |
Wall Street Analysts Price Targets
Agree Realty Corporation
ADC-PA has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
1.01%
DIVIDEND YIELD
0.0885 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Agree Realty Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
8. Profile
Summary
Agree Realty Corporation ADC-PA
COUNTRY
US
INDUSTRY
REIT - Retail
MARKET CAP
$ 1.89 B
Dividend Yield
1.01%
Description
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".
Contact
70 East Long Lake Road, Royal Oak, MI, 48304
https://www.agreerealty.com
IPO
Date
Sept. 9, 2021
Employees
75
Officers
Mr. Larry Kaufman
Chief Information Officer & Vice President of Continuous Improvement
Mr. Josh Bratton
Director of Development
Mr. Craig Erlich
Chief Growth Officer
Mr. Richard A. Agree
Executive Chairman of the Board
Mr. Stephen Breslin
Chief Accounting Officer
Ms. Nicole Witteveen
Chief Operating Officer
Mr. Reuben Goldman Treatman CPA
Senior Director of Corporate Finance
Mr. Peter Coughenour
Chief Financial Officer, Secretary & Investor Relations Professional
Mr. Joel N. Agree J.D.
President, Chief Executive Officer & Director
Ms. Danielle M. Spehar J.D.
General Counsel