Momentum Is Strong For Agree Realty Corp. (NYSE: ADC)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

This NYSE-listed company operates within the REIT – Retail industry segment, falling under the Real Estate sector. The current market capitalization of Agree Realty Corp. is $5.60B. A total of 0.69 million shares were traded on the day, compared to an average of 1.07M shares.

In the most recent transaction, Breslin Stephen bought 450 shares of ADC for 55.33 per share on Mar 14 ’24. After the transaction, the CHIEF ACCOUNTING OFFICER now owns 10,441 company shares. In a previous transaction on Feb 29 ’24, AGREE RICHARD bought 16,000 shares at 55.50 per share. ADC shares that EXECUTIVE CHAIRMAN OF BOARD owns now total 135,855.

Among the insiders who bought shares, RAKOLTA JOHN JR acquired of 20,000 shares on Feb 21 ’24 at a per-share price of $56.75. This resulted in the Director holding 412,651 shares of ADC after the transaction. In another insider transaction, Agree Joey bought 3,500 shares at $56.92 per share on Feb 21 ’24. Company shares held by the PRESIDENT & CEO now total 561,403.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Agree Realty Corp. pays an annual dividend of $2.94, resulting in a dividend yield of 5.28%, and it has a price to earnings (P/E) ratio of 32.75. ADC’s most recent ex-dividend date was 4/29/2024 when it declared a $0.25 quarterly dividend that was paid in cash on 5/14/2024. Previously, the company paid the dividend on 4/12/2024 with an ex-dividend date of 3/27/2024. The ADC stock dividend was $0.2470 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, ADC has a high of $69.26 and a low of $52.69.

As of this writing, ADC has an earnings estimate of $Western Digital Corporation per share for the current quarter. EPS was calculated based on a consensus of AMC Entertainment Holdings, Inc estimates, with a high estimate of $Analog Devices, Inc. per share and a lower estimate of $Archer-Daniels-Midland Company.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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 $49.98, while its Total Shareholder’s Equity was $3.42B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. 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 4.47.

Most Popular

Related Posts