25-Oct-2024
Agree Realty announces $1.25B at-the-market equity distribution agreement
Seeking Alpha News (Fri, 25-Oct 4:43 PM ET)
Agree Realty prices equity offering at $74 per share
Seeking Alpha News (Fri, 25-Oct 2:00 AM ET)
Agree Realty Announces Pricing of Upsized Forward Common Stock Offering
PRNewswire (Thu, 24-Oct 9:15 PM ET)
Agree Realty announces 4M shares of common stock offering
Seeking Alpha News (Thu, 24-Oct 4:14 PM ET)
Agree Realty Announces Common Stock Offering
PRNewswire (Thu, 24-Oct 4:05 PM ET)
Agree Realty (ADC) Receives a Buy from RBC Capital
TipRanks (Thu, 24-Oct 6:48 AM ET)
Janney Montgomery Remains a Buy on Agree Realty (ADC)
TipRanks (Wed, 23-Oct 7:46 AM ET)
Stifel Nicolaus Remains a Buy on Agree Realty (ADC)
TipRanks (Wed, 23-Oct 7:35 AM ET)
Agree Realty’s Strong Acquisition Growth and Financial Health Earns Buy Rating
TipRanks (Wed, 23-Oct 6:35 AM ET)
Buy Rating Affirmed for Agree Realty Amid Strong Performance and Growth Prospects
TipRanks (Tue, 22-Oct 7:15 PM ET)
Agree Realty Corporation operates as a fully integrated real estate investment trust mainly focused on the ownership, acquisition, development and management of retail properties net leased to industry-leading tenants. The Company is mainly in the business of acquiring, developing and managing retail real estate. Some of its properties in the portfolio include Walmart, 7-Eleven, Wawa, Gerber Collision and others.
Agree Realty trades on the NYSE stock market under the symbol ADC.
As of October 25, 2024, ADC stock price climbed to $75.03 with 3,144,322 million shares trading.
ADC has a beta of 0.13, meaning it tends to be less sensitive to market movements. ADC has a correlation of 0.01 to the broad based SPY ETF.
ADC has a market cap of $7.77 billion. This is considered a Mid Cap stock.
Last quarter Agree Realty reported $154 million in Revenue and $1.03 earnings per share. This beat revenue expectation by $2 million and met earnings estimates .
In the last 3 years, ADC traded as high as $80.44 and as low as $52.69.
The top ETF exchange traded funds that ADC belongs to (by Net Assets): VNQ, VTI, IJH, VB, VBR.
ADC has outperformed the market in the last year with a price return of +43.1% while the SPY ETF gained +38.3%. ADC has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +11.7% and +2.4%, respectively, while the SPY returned +7.3% and +0.5%, respectively.
ADC support price is $74.24 and resistance is $75.76 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ADC shares will trade within this expected range on the day.