Agree Realty Corporation (ADC) February 24, 2022 Stock Price, Analysis & Forecast

Agree Realty Corporation (ADC) February 24, 2022 Stock Price, Analysis & Forecast ...

Agree Realty Corporation (NYSE: ADC) opened the trading session on February 24, 2022, at $62.05, demonstrating a change of 2.1399% versus the previous close at $62.62. Within the trading session, the stock price rose to $64.17 and declined to $61.62. Finally, the stock arranged at $63.96. Though, considering a long-term vision, Agree Realty Corporation reported a 52 Week Range between $59.18-$74.48.

Agree Realty Corporation's shares outstanding currently rate $71.29M, as well as with a float of $0. ADC operates in the REAL ESTATE & CONSTRUCTION sector of the REAL ESTATE INVESTMENT TRUSTS industry and has a market capitalization of $4.58B (as of February 24, 2022). It should be underlined that Agree Realty Corporation's 50-day Moving Average arranged at $66.26, while such index as 200-day Moving Average is presently $69.92.

To evaluate the company's efficiency, let's pay attention to Agree Realty Corporation's conglomerate performance. At the moment, ADC has full-time employees. Agree Realty Corporation has generated $inf per worker Within the last fiscal year. At the same time, ADC's income per employee was $inf. And now, let's pay attention to the company's income report. Agree Realty Corporation's Net Income for the last fiscal year was $122.27M, while such index as Income Before Taxes was at the level of $124.67M. ADC's Operating Income was at the mark of $190.27M.

Agree Realty Corporation (ADC) Earnings & Revenue

Talking about the Profitability, ADC reached a Profit Margin of 35.3% and an Operating Margin (TTM) of 51.8%. However, when we touch the questions of management effectiveness, Agree Realty Corporation generated a Return on Equity (TTM) of 4.04% and a Return on Assets (TTM) of 2.42%. A bit more income statements might bring clarity to our overview. According to the results of the latest quarter ended December 31, 2021, Agree Realty Corporation generated Revenue (TTM) of $319.33M, reporting a Quarterly Revenue Growth of 28%. As for the Revenue Per Share (TTM), this indicator was at the mark of $5.06. The company's Gross Profit (TTM) was $216.82M, while according to the EBITDA report, it was estimated at $274.82M.

Agree Realty Corporation (NYSE: ADC) Owners & Shares

Finally, let's take a look at the share statistics. As mentioned above, ADC's shares outstanding now amounts to $71.29M, where Shares Short was $0 versus the prior month amounted to $0. (Short % of Float was 0%). And now, let's overview which kind of investors works with Agree Realty Corporation's stocks. ADC's current ownership accounts for % institutional investors, while % of shares belong to the insiders. Also worth mentioning some indicators affecting dividends & splits. Thus, ADC's Forward Annual Dividend Rate is currently at the mark of , whereas the Dividend Yield is 0%, and a Dividend Payout Ratio is 0% (Dividend Date: March 14, 2022). The company's Dividend Per Share index thereby is $2.543.

ADC Trading Performance

It's time to observe the current performance indicators for Agree Realty Corporation. ADC's price/earnings to growth ratio during the last reported quarter was -28.74%. The company's PE Ratio stands at 36.26%, while ADC's Beta score is 0.471. Also worth noting that Agree Realty Corporation's Diluted EPS (Earnings per Share) trailing twelve months is at the mark of 1.764. Other valuable indicators are Price To Sales Ratio (TTM), which is currently recorded at 14.35, as well as Price To Book Ratio, which amounts to 1.433.

Agree Realty Corporation Analysis & Estimates

Within the previous 9-day period, Agree Realty Corporation's Average True Range (ATR) was 1.3409, while the stock's Stochastic SlowD moving average was 46.0015%, and the SlowK moving average volumed at 46.0015%.

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