Agree Realty Statistics
Total Valuation
Agree Realty has a market cap or net worth of $6.09 billion. The enterprise value is $8.59 billion.
| Market Cap | 6.09B |
| Enterprise Value | 8.59B |
Important Dates
The last earnings date was Tuesday, April 23, 2024, after market close.
| Earnings Date | Apr 23, 2024 |
| Ex-Dividend Date | May 31, 2024 |
Share Statistics
Agree Realty has 100.63 million shares outstanding. The number of shares has increased by 10.81% in one year.
| Shares Outstanding | 100.63M |
| Shares Change (YoY) | +10.81% |
| Shares Change (QoQ) | -0.21% |
| Owned by Insiders (%) | 1.80% |
| Owned by Institutions (%) | 102.09% |
| Float | 98.51M |
Valuation Ratios
The trailing PE ratio is 35.61 and the forward PE ratio is 33.16. Agree Realty's PEG ratio is -28.74.
| PE Ratio | 35.61 |
| Forward PE | 33.16 |
| PS Ratio | 10.87 |
| Forward PS | 9.81 |
| PB Ratio | 1.18 |
| P/FCF Ratio | n/a |
| PEG Ratio | -28.74 |
Enterprise Valuation
| EV / Earnings | 51.82 |
| EV / Sales | 15.33 |
| EV / EBITDA | 19.17 |
| EV / EBIT | 32.53 |
| EV / FCF | n/a |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.49 |
| Debt / EBITDA | 5.61 |
| Debt / FCF | n/a |
| Interest Coverage | 3.02 |
Financial Efficiency
Return on equity (ROE) is 3.20% and return on invested capital (ROIC) is 3.37%.
| Return on Equity (ROE) | 3.20% |
| Return on Assets (ROA) | 2.20% |
| Return on Capital (ROIC) | 3.37% |
| Revenue Per Employee | $7.78M |
| Profits Per Employee | $2.30M |
| Employee Count | 72 |
| Asset Turnover | 0.07 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Agree Realty has paid $3.28 million in taxes.
| Income Tax | 3.28M |
| Effective Tax Rate | 1.94% |
Stock Price Statistics
The stock price has decreased by -7.90% in the last 52 weeks. The beta is 0.52, so Agree Realty's price volatility has been lower than the market average.
| Beta (1Y) | 0.52 |
| 52-Week Price Change | -7.90% |
| 50-Day Moving Average | 57.36 |
| 200-Day Moving Average | 58.65 |
| Relative Strength Index (RSI) | 66.67 |
| Average Volume (30 Days) | 980,928 |
Short Selling Information
The latest short interest is 3.74 million, so 3.72% of the outstanding shares have been sold short.
| Short Interest | 3.74M |
| Short Previous Month | 4.32M |
| Short % of Shares Out | 3.72% |
| Short % of Float | 3.80% |
| Short Ratio (days to cover) | 3.80 |
Income Statement
In the last 12 months, Agree Realty had revenue of $560.33 million and earned $165.77 million in profits. Earnings per share was $1.70.
| Revenue | 560.33M |
| Gross Profit | 493.42M |
| Operating Income | 264.38M |
| Pretax Income | 176.48M |
| Net Income | 165.77M |
| EBITDA | 448.15M |
| EBIT | 264.05M |
| Earnings Per Share (EPS) | $1.70 |
Balance Sheet
The company has $15.43 million in cash and $2.51 billion in debt, giving a net cash position of -$2.50 billion or -$24.84 per share.
| Cash & Cash Equivalents | 15.43M |
| Total Debt | 2.51B |
| Net Cash | -2.50B |
| Net Cash Per Share | -$24.84 |
| Equity / Book Value | 5.18B |
| Book Value Per Share | 51.46 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $400.57 million and capital expenditures -$1.07 billion, giving a free cash flow of -$668.57 million.
| Operating Cash Flow | 400.57M |
| Capital Expenditures | -1.07B |
| Free Cash Flow | -668.57M |
| FCF Per Share | -$6.67 |
Margins
Gross margin is 88.06%, with operating and profit margins of 47.18% and 29.58%.
| Gross Margin | 88.06% |
| Operating Margin | 47.18% |
| Pretax Margin | 31.50% |
| Profit Margin | 29.58% |
| EBITDA Margin | 79.98% |
| EBIT Margin | 47.12% |
| FCF Margin | -119.32% |
Dividends & Yields
This stock pays an annual dividend of $3.00, which amounts to a dividend yield of 4.96%.
| Dividend Per Share | $3.00 |
| Dividend Yield | 4.96% |
| Dividend Growth (YoY) | 3.21% |
| Years of Dividend Growth | 11 |
| Payout Ratio | 176.47% |
| Buyback Yield | -10.81% |
| Shareholder Yield | -5.85% |
| Earnings Yield | 2.72% |
| FCF Yield | -10.98% |
Analyst Forecast
The average price target for Agree Realty is $66.85, which is 10.44% higher than the current price. The consensus rating is "Buy".
| Price Target | $66.85 |
| Price Target Difference | 10.44% |
| Analyst Consensus | Buy |
| Analyst Count | 10 |
| Revenue Growth Forecast (5Y) | 11.93% |
| EPS Growth Forecast (5Y) | 4.32% |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 6 |