Agree Realty is a retail REIT company located in Michigan, United States, which is part of the Real Estate sector, and is traded under the ticker ADC on the NYSE exchange.
Agree Realty stock last closed at $58.05, down 0.55% from the previous day, and has decreased 13.12% in one year. It has underperformed other stocks in the REIT - Retail industry by 0.19 percentage points. Agree Realty stock is currently +10.17% from its 52-week low of $52.69, and -16.19% from its 52-week high of $69.26.
At the moment, there are 100.63M shares of ADC outstanding. The market capitalization of ADC is $5.84B. In the past 24 hours, 831,556 ADC shares were traded.
How to Buy Agree Realty Stock
Wondering how to invest in Agree Realty stock? Here's how.
Decide where to buy Agree Realty stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Agree Realty stock.
Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
Deposit funds into your investment account: Select your payment method and add your info.
Analyze Agree Realty stock: The Agree Realty ticker symbol is ADC. Is Agree Realty stock a good investment? Should you buy shares of ADC? How do ADC's underlying business fundamentals look? Do top analysts think Agree Realty is a good buy? Why has ADC's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if ADC is a good stock to buy).
Make your ADC trade: Decide if you will purchase ADC shares at the current market price or use a limit order to buy ADC stock at a specific price.
Get the latest news on your ADC investment: Create a watchlist to important notifications about your new investment in Agree Realty shares.
Step 1: Decide where to buy Agree Realty stock
You need an online brokerage account in order to access the NYSE market and buy ADC stock.
A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.
Our preferred brokerage: eToro
In our opinion, eToro is the best stock brokerage. Here's why:
You can invest in stocks with zero commissions: Invest without paying trading commissions.
Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
Access to global markets: From Tech to Healthcare, New York to Hong Kong — you can fill your portfolio with stocks from the world's leading stock exchanges.
Social investing: eToro offers a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
Security: eToro is a regulated and licensed fintech leader.
Buy other assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by signing up for an account with eToro now.
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.
Step 2: Create a brokerage account
Now that you've selected your brokerage, you'll need to fill out some personal details so you are able to buy ADC stock today.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Step 4: Analyze Agree Realty stock
After you have decided on the best place to buy Agree Realty stock, it's important to evaluate their stock before you invest, so you truly understand the risk as well as the opportunity.
Overview of key ADC info
ADC Price
$58.05
1w %
3.98%
1y %
-13.12%
5y %
-13.16%
P/E
34.15x
P/B
1.13x
P/S
10.39x
PEG
0.85x
Revenue
$560.33M
Earnings
$165.77M
Fore. Rev. Growth
11.17%
Fore. Earn. Growth
40.35%
Market Cap
$5.84B
Next Earnings
N/A
Next Dividend
May 14, 2024
Agree Realty Zen Score
WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on ADC's stock page.
Is ADC stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge ADC's intrinsic value.
Using relative valuations metrics:
ADC could be undervalued based on its P/E ratio of 34.15x, relative to REIT - Retail industry P/E ratio of 34.73x
ADC may be undervalued based on its P/B ratio of 1.13x, relative to REIT - Retail industry P/B ratio of 1.97x
ADC could be undervalued based on its PEG ratio of 0.85x
Total ADC debt is lower than 5 years ago, relative to shareholder equity.
Cons:
ADC has a relatively high debt to equity ratio of 0.52.
ADC profit margin has gone down from 32.9% to 29.6% in the past year.
Is ADC stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 8 Equities analysts who give forecasts on ADC, the consensus analyst rating on ADC is a Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest ADC Analyst Recommendations
Eric Borden, a bottom 22% analyst from BMO Capital initiates coverage on ADC with a buy rating and announces their ADC price target of $69.00, on Feb 13, 2024.
Mitch Germain, a bottom 13% analyst from JMP Securities upgrades ADC to a buy rating and announces their ADC price target of $71.00, on Jan 22, 2024.
Nate Crossett, a top 27% analyst from Exane BNP Paribas downgrades ADC to a hold rating and announces their ADC price target of $64.00, on Dec 13, 2023.
Last year, ADC earnings were $165.77M. Over the past five year, ADC's earnings have grown by -0.8% per year. This was slower than the REIT - Retail industry average of 1.89%.
Last year, ADC revenue was $560.33M. During the past 5 year, ADC's revenue has grown by 30.64% per year. This was faster than the REIT - Retail industry average of 11.54%.
Agree Realty pays a dividend of 5.06%, compared to the REIT - Retail industry's average dividend yield of 4.57%. If you owned $1,000 of ADC stock, you would have been paid $50.65 last year.
Agree Realty dividend payments have not consistently grown over the past decade and have not remained stable.
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your ADC trade
There are two primary options:
Market order: A market order is an order to buy or sell a security at the best possible price. Market orders are mostly sufficient.
Limit order: A limit order allows you to buy or sell a security at a specific price (or better). If you want to be certain you're buying or selling at a specific dollar amount limit, use a limit order.
Click the Open Trade button and your broker will place the order.
If you need more assistance investing in stocks on eToro, watch the helpful video below:
How much does it cost to buy one Agree Realty share?
As of Apr 25, 2024, it costs $58.05 to buy one share of Agree Realty stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.172 shares of ADC.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.