Agree Realty Net Worth
Agree Realty Net Worth Breakdown | ADC |
Agree Realty Net Worth Analysis
Agree Realty's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Agree Realty's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Agree Realty's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Agree Realty's net worth analysis. One common approach is to calculate Agree Realty's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Agree Realty's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Agree Realty's net worth. This approach calculates the present value of Agree Realty's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Agree Realty's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Agree Realty's net worth. This involves comparing Agree Realty's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Agree Realty's net worth relative to its peers.
Enterprise Value |
|
To determine if Agree Realty is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Agree Realty's net worth research are outlined below:
| Over 98.0% of the company shares are held by institutions such as insurance companies | |
| On 14th of May 2024 Agree Realty paid $ 0.25 per share dividend to its current shareholders | |
| Latest headline from cnbc.com: CEOs of General Motors, Salesforce among corporate insiders selling stock last month |
Agree Realty uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Agree Realty. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Agree Realty's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Agree Realty Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Agree target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Agree Realty's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 17 | Strong Buy |
Most Agree analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Agree stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Agree Realty, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationAgree Realty Target Price Projection
Agree Realty's current and average target prices are 61.59 and 70.39, respectively. The current price of Agree Realty is the price at which Agree Realty is currently trading. On the other hand, Agree Realty's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Agree Realty Market Quote on 5th of June 2024
Target Price
Analyst Consensus On Agree Realty Target Price
Know Agree Realty's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Agree Realty is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Agree Realty backward and forwards among themselves. Agree Realty's institutional investor refers to the entity that pools money to purchase Agree Realty's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Deutsche Bank Ag | 2024-03-31 | 1.5 M | Thrivent Financial For Lutherans | 2024-03-31 | 1.5 M | Dimensional Fund Advisors, Inc. | 2024-03-31 | 1.4 M | Amvescap Plc. | 2024-03-31 | 1.3 M | Bank Of New York Mellon Corp | 2024-03-31 | 1.2 M | Daiwa Securities Group Inc | 2024-03-31 | 1.2 M | Morgan Stanley - Brokerage Accounts | 2024-03-31 | 1.1 M | Cohen & Steers Inc | 2024-03-31 | 1.1 M | Nuveen Asset Management, Llc | 2024-03-31 | 1.1 M | Vanguard Group Inc | 2024-03-31 | 14.5 M | Blackrock Inc | 2024-03-31 | 13.5 M |
Follow Agree Realty's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 6.16 B.Market Cap |
|
Project Agree Realty's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.02 | 0.05 | |
| Return On Capital Employed | 0.03 | 0.03 | |
| Return On Assets | 0.02 | 0.02 | |
| Return On Equity | 0.03 | 0.03 |
When accessing Agree Realty's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Agree Realty's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Agree Realty's profitability and make more informed investment decisions.
The data published in Agree Realty's official financial statements typically reflect Agree Realty's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Agree Realty's quantitative information. For example, before you start analyzing numbers published by Agree accountants, it’s essential to understand Agree Realty's liquidity, profitability, and earnings quality within the context of the Retail REITs space in which it operates.
Please note, the presentation of Agree Realty's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Agree Realty's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Agree Realty's management manipulating its earnings.
Evaluate Agree Realty's management efficiency
Agree Realty has Return on Asset of 0.0229 % which means that on every $100 spent on assets, it made $0.0229 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0348 %, implying that it generated $0.0348 on every 100 dollars invested. Agree Realty's management efficiency ratios could be used to measure how well Agree Realty manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.05, whereas Return On Capital Employed is forecasted to decline to 0.03. At present, Agree Realty's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 7 B, whereas Non Currrent Assets Other are forecasted to decline to about 15.3 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 54.62 | 57.35 | |
| Tangible Book Value Per Share | 45.66 | 47.94 | |
| Enterprise Value Over EBITDA | 19.30 | 11.46 | |
| Price Book Value Ratio | 1.15 | 1.66 | |
| Enterprise Value Multiple | 19.30 | 11.46 | |
| Price Fair Value | 1.15 | 1.66 | |
| Enterprise Value | 8.4 B | 8.9 B |
The analysis of Agree Realty's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Agree Realty's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Agree Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Enterprise Value Revenue 15.3162 | Revenue 560.3 M | Quarterly Revenue Growth 0.18 | Revenue Per Share 5.732 | Return On Equity 0.0348 |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Agree Realty insiders, such as employees or executives, is commonly permitted as long as it does not rely on Agree Realty's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Agree Realty insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Richard Agree over three months ago Acquisition by Richard Agree of 16000 shares of Agree Realty at 55.5 subject to Rule 16b-3 | ||
John Rakolta over six months ago Purchase by John Rakolta of 20000 shares of Agree Realty | ||
John Rakolta over six months ago Purchase by John Rakolta of 30000 shares of Agree Realty | ||
Nicole Witteveen over six months ago Payment of 281 shares by Nicole Witteveen of Agree Realty subject to Rule 16b-3 | ||
Nicole Witteveen over six months ago Payment of tradable shares by Nicole Witteveen of Agree Realty subject to Rule 16b-3 | ||
John Rakolta over a year ago Purchase by John Rakolta of 7500 shares of Agree Realty | ||
John Rakolta over a year ago Acquisition by John Rakolta of 2457 shares of Agree Realty subject to Rule 16b-3 | ||
David Wolff over a year ago Acquisition by David Wolff of 942 shares of Agree Realty subject to Rule 16b-3 |
Agree Realty Corporate Filings
F4 | 28th of May 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 23rd of May 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 8th of May 2024 Other Reports | ViewVerify | |
| 6th of May 2024 Other Reports | ViewVerify |
Agree Realty Earnings Estimation Breakdown
The calculation of Agree Realty's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Agree Realty is estimated to be 0.44 with the future projection ranging from a low of 0.44 to a high of 0.46. Please be aware that this consensus of annual earnings estimates for Agree Realty is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
0.44 Lowest | Expected EPS | 0.46 Highest |
Agree Realty Earnings Projection Consensus
Suppose the current estimates of Agree Realty's value are higher than the current market price of the Agree Realty stock. In this case, investors may conclude that Agree Realty is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Agree Realty's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 30th of June 2024 | Current EPS (TTM) | |
| 10 | 95.11% | 0.47 | 0.44 | 1.69 |
Agree Realty Earnings per Share Projection vs Actual
Actual Earning per Share of Agree Realty refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Agree Realty predict the company's earnings will be in the future. The higher the earnings per share of Agree Realty, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Agree Realty Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Agree Realty, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Agree Realty should always be considered in relation to other companies to make a more educated investment decision.Agree Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Agree Realty's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-04-23 | 2024-03-31 | 0.46 | 0.47 | 0.01 | 2 | ||
2024-02-13 | 2023-12-31 | 0.46 | 0.41 | -0.05 | 10 | ||
2023-10-24 | 2023-09-30 | 0.42 | 0.37 | -0.05 | 11 | ||
2023-08-01 | 2023-06-30 | 0.43 | 0.42 | -0.01 | 2 | ||
2023-05-04 | 2023-03-31 | 0.44 | 0.44 | 0.0 | 0 | ||
2023-02-14 | 2022-12-31 | 0.42 | 0.44 | 0.02 | 4 | ||
2022-11-01 | 2022-09-30 | 0.44 | 0.46 | 0.02 | 4 | ||
2022-08-02 | 2022-06-30 | 0.45 | 0.45 | 0.0 | 0 | ||
2022-05-03 | 2022-03-31 | 0.45 | 0.48 | 0.03 | 6 | ||
2022-02-22 | 2021-12-31 | 0.47 | 0.44 | -0.03 | 6 | ||
2021-11-01 | 2021-09-30 | 0.46 | 0.52 | 0.06 | 13 | ||
2021-07-26 | 2021-06-30 | 0.46 | 0.52 | 0.06 | 13 | ||
2021-05-03 | 2021-03-31 | 0.46 | 0.48 | 0.02 | 4 | ||
2021-02-18 | 2020-12-31 | 0.4 | 0.42 | 0.02 | 5 | ||
2020-10-19 | 2020-09-30 | 0.42 | 0.39 | -0.03 | 7 | ||
2020-07-20 | 2020-06-30 | 0.39 | 0.47 | 0.08 | 20 | ||
2020-04-20 | 2020-03-31 | 0.45 | 0.46 | 0.01 | 2 | ||
2020-02-20 | 2019-12-31 | 0.47 | 0.52 | 0.05 | 10 | ||
2019-10-21 | 2019-09-30 | 0.42 | 0.48 | 0.06 | 14 | ||
2019-07-22 | 2019-06-30 | 0.41 | 0.45 | 0.04 | 9 | ||
2019-04-22 | 2019-03-31 | 0.43 | 0.48 | 0.05 | 11 | ||
2019-02-21 | 2018-12-31 | 0.37 | 0.37 | 0.0 | 0 | ||
2018-10-22 | 2018-09-30 | 0.38 | 0.48 | 0.1 | 26 | ||
2018-07-23 | 2018-06-30 | 0.38 | 0.44 | 0.06 | 15 | ||
2018-04-23 | 2018-03-31 | 0.41 | 0.53 | 0.12 | 29 | ||
2018-02-22 | 2017-12-31 | 0.39 | 0.53 | 0.14 | 35 | ||
2017-10-23 | 2017-09-30 | 0.41 | 0.42 | 0.01 | 2 | ||
2017-07-24 | 2017-06-30 | 0.39 | 0.56 | 0.17 | 43 | ||
2017-04-24 | 2017-03-31 | 0.39 | 0.56 | 0.17 | 43 | ||
2017-02-23 | 2016-12-31 | 0.38 | 0.5 | 0.12 | 31 | ||
2016-10-24 | 2016-09-30 | 0.39 | 0.61 | 0.22 | 56 | ||
2016-07-25 | 2016-06-30 | 0.37 | 0.48 | 0.11 | 29 | ||
2016-04-25 | 2016-03-31 | 0.44 | 0.36 | -0.08 | 18 | ||
2016-03-03 | 2015-12-31 | 0.33 | 0.41 | 0.08 | 24 | ||
2015-10-26 | 2015-09-30 | 0.37 | 0.81 | 0.44 | 118 | ||
2015-07-27 | 2015-06-30 | 0.39 | 0.38 | -0.01 | 2 | ||
2015-04-27 | 2015-03-31 | 0.38 | 0.38 | 0.0 | 0 | ||
2015-02-23 | 2014-12-31 | 0.35 | 0.36 | 0.01 | 2 | ||
2014-10-27 | 2014-09-30 | 0.39 | 0.33 | -0.06 | 15 | ||
2014-07-28 | 2014-06-30 | 0.37 | 0.37 | 0.0 | 0 | ||
2014-04-28 | 2014-03-31 | 0.37 | 0.37 | 0.0 | 0 | ||
2014-02-24 | 2013-12-31 | 0.4 | 0.4 | 0.0 | 0 | ||
2013-10-28 | 2013-09-30 | 0.36 | 0.38 | 0.02 | 5 | ||
2013-07-29 | 2013-06-30 | 0.36 | 0.34 | -0.02 | 5 | ||
2013-04-29 | 2013-03-31 | 0.35 | 0.41 | 0.06 | 17 | ||
2013-02-27 | 2012-12-31 | 0.37 | 0.41 | 0.04 | 10 | ||
2012-10-29 | 2012-09-30 | 0.35 | 0.35 | 0.0 | 0 | ||
2012-07-26 | 2012-06-30 | 0.35 | 0.34 | -0.01 | 2 | ||
2012-04-26 | 2012-03-31 | 0.33 | 0.35 | 0.02 | 6 | ||
2012-02-29 | 2011-12-31 | 0.28 | 0.32 | 0.04 | 14 | ||
2011-10-27 | 2011-09-30 | 0.34 | 0.97 | 0.63 | 185 | ||
2011-07-28 | 2011-06-30 | 0.39 | 0.38 | -0.01 | 2 | ||
2011-04-28 | 2011-03-31 | 0.48 | 0.47 | -0.01 | 2 | ||
2011-03-01 | 2010-12-31 | 0.46 | 0.44 | -0.02 | 4 | ||
2010-10-28 | 2010-09-30 | 0.46 | 0.46 | 0.0 | 0 | ||
2010-07-29 | 2010-06-30 | 0.46 | 0.46 | 0.0 | 0 | ||
2010-04-29 | 2010-03-31 | 0.55 | 1.18 | 0.63 | 114 | ||
2010-02-25 | 2009-12-31 | 0.54 | 0.54 | 0.0 | 0 | ||
2009-10-29 | 2009-09-30 | 0.52 | 0.55 | 0.03 | 5 | ||
2009-04-30 | 2009-03-31 | 0.51 | 0.51 | 0.0 | 0 | ||
2009-02-26 | 2008-12-31 | 0.48 | 0.49 | 0.01 | 2 | ||
2008-10-29 | 2008-09-30 | 0.5 | 0.5 | 0.0 | 0 | ||
2008-07-31 | 2008-06-30 | 0.5 | 0.49 | -0.01 | 2 | ||
2008-05-01 | 2008-03-31 | 0.49 | 0.47 | -0.02 | 4 | ||
2008-02-28 | 2007-12-31 | 0.63 | 0.6 | -0.03 | 4 | ||
2007-11-01 | 2007-09-30 | 0.46 | 0.47 | 0.01 | 2 | ||
2007-08-02 | 2007-06-30 | 0.46 | 0.47 | 0.01 | 2 | ||
2007-05-03 | 2007-03-31 | 0.46 | 0.47 | 0.01 | 2 | ||
2007-02-27 | 2006-12-31 | 0.44 | 0.49 | 0.05 | 11 | ||
2006-10-31 | 2006-09-30 | 0.44 | 0.44 | 0.0 | 0 | ||
2006-08-01 | 2006-06-30 | 0.45 | 0.45 | 0.0 | 0 | ||
2006-05-02 | 2006-03-31 | 0.46 | 0.44 | -0.02 | 4 | ||
2006-02-24 | 2005-12-31 | 0.43 | 0.75 | 0.32 | 74 | ||
2005-10-28 | 2005-09-30 | 0.46 | 0.45 | -0.01 | 2 | ||
2005-07-28 | 2005-06-30 | 0.46 | 0.46 | 0.0 | 0 | ||
2005-04-26 | 2005-03-31 | 0.49 | 0.45 | -0.04 | 8 | ||
2005-02-23 | 2004-12-31 | 0.5 | 0.51 | 0.01 | 2 | ||
2004-10-28 | 2004-09-30 | 0.47 | 0.6 | 0.13 | 27 | ||
2004-07-29 | 2004-06-30 | 0.44 | 0.47 | 0.03 | 6 | ||
2004-02-24 | 2003-12-31 | 0.49 | 0.62 | 0.13 | 26 | ||
2003-10-29 | 2003-09-30 | 0.52 | 0.48 | -0.04 | 7 |
Agree Realty Corporate Directors
| Jerome Rossi | Independent Director | Profile | |
| Farris Kalil | Independent Director | Profile | |
| William Rubenfaer | Independent Director | Profile | |
| W Lehmkuhl | Lead Independent Director | Profile |
Already Invested in Agree Realty?
The danger of trading Agree Realty is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Agree Realty is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Agree Realty. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Agree Realty is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additional Information and Resources on Investing in Agree Stock
When determining whether Agree Realty offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Agree Realty's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Agree Realty Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agree Realty Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agree Realty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Agree Stock refer to our How to Trade Agree Stock guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Retail REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Agree Realty. If investors know Agree will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Agree Realty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.03) | Dividend Share 2.94 | Earnings Share 1.69 | Revenue Per Share 5.732 | Quarterly Revenue Growth 0.18 |
The market value of Agree Realty is measured differently than its book value, which is the value of Agree that is recorded on the company's balance sheet. Investors also form their own opinion of Agree Realty's value that differs from its market value or its book value, called intrinsic value, which is Agree Realty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Agree Realty's market value can be influenced by many factors that don't directly affect Agree Realty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Agree Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agree Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agree Realty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.