Agree Realty ADC
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Agree Realty (ADC) Business Model and Operations Summary
Agree Realty Corporation operates as a fully integrated real estate investment trust mainly focused on the ownership, acquisition, development and management of retail properties net leased to industry-tenants. The Company is mainly in the business of acquiring, developing and managing retail real estate. Some of its properties in the portfolio include Walmart, 7-Eleven, Wawa, Gerber Collision and others.
Key Insights
Agree Realty (ADC) Core Market Data and Business Metrics
Latest Closing Price
$76.49Market Cap
$8.20 BillionPrice-Earnings Ratio
42.97Total Outstanding Shares
107.35 Million SharesTotal Employees
75Dividend
$0.25 Per Share 12 Times a YearIPO Date
April 15, 1994SIC Description
Real Estate Investment TrustsPrimary Exchange
New York Stock ExchangeHeadquarters
32301 Woodward Avenue, Royal Oak, MI, 48073
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 1,372,755 Shares | 11.06 | 3/14/2025 | 15,185,730 Shares |
| 1,080,486 Shares | 12.44 | 2/28/2025 | 13,439,126 Shares |
| 792,693 Shares | 16.13 | 2/14/2025 | 12,786,182 Shares |
| 771,721 Shares | 17.16 | 1/31/2025 | 13,245,508 Shares |
| 1,088,824 Shares | 12.01 | 1/15/2025 | 13,081,727 Shares |
| 1,200,842 Shares | 9.57 | 12/31/2024 | 11,489,678 Shares |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow | $-8.13 Million |
| Net Cash Flow From Operating Activities | $431.97 Million |
| Net Cash Flow From Investing Activities, Continuing | $-885.41 Million |
| Net Cash Flow From Investing Activities | $-885.41 Million |
| Net Cash Flow From Financing Activities, Continuing | $445.31 Million |
| Net Cash Flow From Operating Activities, Continuing | $431.97 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Income/Loss Attributable To Noncontrolling Interest | $635,000 |
| Preferred Stock Dividends And Other Adjustments | $7.44 Million |
| Net Income/Loss Available To Common Stockholders, Basic | $181.76 Million |
| Net Income/Loss Attributable To Parent | $189.20 Million |
| Operating Income/Loss | $302.24 Million |
| Other Operating Expenses | $107.86 Million |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss | $213.43 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $715,000 |
| Comprehensive Income/Loss Attributable To Parent | $212.72 Million |
| Other Comprehensive Income/Loss | $23.60 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Liabilities | $2.98 Billion |
| Current Liabilities | $2.98 Billion |
| Current Assets | $8.49 Billion |
| Noncurrent Liabilities | $0 |
| Assets | $8.49 Billion |
| Liabilities And Equity | $8.49 Billion |
Historical Dividends
Current dividend: $0.25 Per Share 12 Times a Year
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Mar 11, 2025 | Apr 14, 2025 | Mar 31, 2025 | $0.253 | 12 Times a Year |
| Feb 6, 2025 | Mar 14, 2025 | Feb 28, 2025 | $0.253 | 12 Times a Year |
| Jan 14, 2025 | Feb 14, 2025 | Jan 31, 2025 | $0.253 | 12 Times a Year |
| Dec 12, 2024 | Jan 15, 2025 | Dec 31, 2024 | $0.253 | 12 Times a Year |
| Nov 12, 2024 | Dec 13, 2024 | Nov 29, 2024 | $0.253 | 12 Times a Year |
| Oct 10, 2024 | Nov 14, 2024 | Oct 31, 2024 | $0.253 | 12 Times a Year |