Agree Realty Corporation Statistics
Share Statistics
Agree Realty Corporation has 103.52M shares outstanding. The number of shares has increased by 2.99% in one year.
| Shares Outstanding | 103.52M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | 2.88% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 101.65M |
| Failed to Deliver (FTD) Shares | 43 |
| FTD / Avg. Volume | 0% |
Short Selling Information
The latest short interest is 14.37M, so 13.88% of the outstanding shares have been sold short.
| Short Interest | 14.37M |
| Short % of Shares Out | 13.88% |
| Short % of Float | 14.14% |
| Short Ratio (days to cover) | 23.12 |
Valuation Ratios
The PE ratio is 35.26 and the forward PE ratio is 41.88. Agree Realty Corporation's PEG ratio is 0.77.
| PE Ratio | 35.26 |
| Forward PE | 41.88 |
| PS Ratio | 11.15 |
| Forward PS | 9.7 |
| PB Ratio | 1.15 |
| P/FCF Ratio | 15.3 |
| PEG Ratio | 0.77 |
Enterprise Valuation
Agree Realty Corporation has an Enterprise Value (EV) of 8.45B.
| EV / Earnings | 49.71 |
| EV / Sales | 15.72 |
| EV / EBITDA | 18.21 |
| EV / EBIT | 33.21 |
| EV / FCF | 21.57 |
Financial Position
The company has a current ratio of 1.13, with a Debt / Equity ratio of 0.46.
| Current Ratio | 1.13 |
| Quick Ratio | 1.13 |
| Debt / Equity | 0.46 |
| Total Debt / Capitalization | 31.68 |
| Cash Flow / Debt | 0.16 |
| Interest Coverage | 3.14 |
Financial Efficiency
Return on equity (ROE) is 0.03% and return on capital (ROIC) is 3.29%.
| Return on Equity (ROE) | 0.03% |
| Return on Assets (ROA) | 0.02% |
| Return on Capital (ROIC) | 3.29% |
| Revenue Per Employee | 7.47M |
| Profits Per Employee | 2.36M |
| Employee Count | 72 |
| Asset Turnover | 0.07 |
| Inventory Turnover | 0 |
Taxes
| Income Tax | 2.91M |
| Effective Tax Rate | 0.02 |
Stock Price Statistics
The stock price has increased by 13.21% in the last 52 weeks. The beta is 0.62, so Agree Realty Corporation's price volatility has been higher than the market average.
| Beta | 0.62 |
| 52-Week Price Change | 13.21% |
| 50-Day Moving Average | 73.55 |
| 200-Day Moving Average | 68.16 |
| Relative Strength Index (RSI) | 45.72 |
| Average Volume (20 Days) | 989.52K |
Income Statement
In the last 12 months, Agree Realty Corporation had revenue of 537.50M and earned 169.96M in profits. Earnings per share was 1.7.
| Revenue | 537.50M |
| Gross Profit | 470.78M |
| Operating Income | 254.39M |
| Net Income | 169.96M |
| EBITDA | 463.95M |
| EBIT | 254.39M |
| Earnings Per Share (EPS) | 1.7 |
Balance Sheet
The company has 10.91M in cash and 2.41B in debt, giving a net cash position of -2.40B.
| Cash & Cash Equivalents | 10.91M |
| Total Debt | 2.41B |
| Net Cash | -2.40B |
| Retained Earnings | -346.47M |
| Total Assets | 8.18B |
| Working Capital | -43.73M |
Cash Flow
In the last 12 months, operating cash flow was 391.60M and capital expenditures 0, giving a free cash flow of 391.60M.
| Operating Cash Flow | 391.60M |
| Capital Expenditures | 0 |
| Free Cash Flow | 391.60M |
| FCF Per Share | 4.11 |
Margins
Gross margin is 87.59%, with operating and profit margins of 47.33% and 31.62%.
| Gross Margin | 87.59% |
| Operating Margin | 47.33% |
| Pretax Margin | 32.27% |
| Profit Margin | 31.62% |
| EBITDA Margin | 86.32% |
| EBIT Margin | 47.33% |
| FCF Margin | 72.86% |
Dividends & Yields
ADC pays an annual dividend of $3.04, which amounts to a dividend yield of 4.37%.
| Dividend Per Share | $3.04 |
| Dividend Yield | 4.37% |
| Dividend Growth (YoY) | 2.56% |
| Payout Ratio | 167.96% |
| Earnings Yield | 2.41% |
| FCF Yield | 5.36% |
Analyst Forecast
The average price target for ADC is $79.5, which is 12.6% higher than the current price. The consensus rating is "Buy".
| Price Target | $79.5 |
| Price Target Difference | 12.6% |
| Analyst Consensus | Buy |
| Analyst Count | 15 |
Scores
| Altman Z-Score | 1.62 |
| Piotroski F-Score | 6 |