Agree Realty Corp (NYSE: ADC) Could Achieve Gains In The Near Future

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.

Stocks Info

Agree Realty Corp is listed on the NYSE in the Real Estate sector while operating in the REIT – Retail industry. The current market capitalization of Agree Realty Corp is $7.31B. A total of 0.9 million shares were traded on the day, compared to an average of 981.17K shares.

In the most recent transaction, RAKOLTA JOHN JR bought 20,275 shares of ADC for 70.33 per share on Dec 20 ’24. After the transaction, the Director now owns 462,196 company shares. In a previous transaction on Dec 23 ’24, RAKOLTA JOHN JR bought 10,000 shares at 70.07 per share. ADC shares that Director owns now total 472,196.

Among the insiders who bought shares, RAKOLTA JOHN JR acquired of 20,000 shares on May 23 ’24 at a per-share price of $59.32. This resulted in the Director holding 436,011 shares of ADC after the transaction. In another insider transaction, Lehmkuhl Greg bought 1,000 shares at $58.99 per share on May 23 ’24. Company shares held by the Director now total 23,036.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Agree Realty Corp pays an annual dividend of $3.00, resulting in a dividend yield of 4.25%, and it has a price to earnings (P/E) ratio of 39.09. ADC’s most recent ex-dividend date was 4.1% when it declared a $0.2530 quarterly dividend that was paid in cash on 12/31/2024. Previously, the company paid the dividend on 11/29/2024 with an ex-dividend date of 4%. The ADC stock dividend was $0.2530 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, ADC has a high of $78.39 and a low of $54.28.

As of this writing, ADC has an earnings estimate of $0.44 per share for the current quarter. EPS was calculated based on a consensus of 4.0 estimates, with a high estimate of $0.46 per share and a lower estimate of $0.43.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. ADC’s latest balance sheet shows that the firm has $43.25M in Cash & Short Term Investments as of fiscal 2021. There were $1.69B in debt and $86.89M in liabilities at the time. Its Book Value Per Share was $49.45, while its Total Shareholder’s Equity was $3.42B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ADC is Buy with a score of 4.40.

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