Agree Realty Stock Net Income
| ADC Stock | USD 76.40 0.05 0.07% |
Agree Realty fundamentals help investors to digest information that contributes to Agree Realty's financial success or failures. It also enables traders to predict the movement of Agree Stock. The fundamental analysis module provides a way to measure Agree Realty's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Agree Realty stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 170.5 M | 179.1 M | |
| Net Income Applicable To Common Shares | 166.3 M | 174.6 M | |
| Net Income From Continuing Ops | 165.5 M | 173.8 M | |
| Net Income Per Share | 1.79 | 1.37 | |
| Net Income Per E B T | 0.98 | 0.68 |
Agree | Net Income |
Agree Realty Company Net Income Analysis
Agree Realty's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Agree Realty Net Income | 170.55 M |
Most of Agree Realty's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Agree Realty is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Agree Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Agree Realty is extremely important. It helps to project a fair market value of Agree Stock properly, considering its historical fundamentals such as Net Income. Since Agree Realty's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Agree Realty's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Agree Realty's interrelated accounts and indicators.
Agree Net Income Historical Pattern
Today, most investors in Agree Realty Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Agree Realty's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Agree Realty net income as a starting point in their analysis.
Agree Realty Net Income |
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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Agree Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Agree Realty reported net income of 170.55 M. This is 31.53% lower than that of the Retail REITs sector and significantly higher than that of the Real Estate industry. The net income for all United States stocks is 70.13% higher than that of the company.
Agree Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Agree Realty's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Agree Realty could also be used in its relative valuation, which is a method of valuing Agree Realty by comparing valuation metrics of similar companies.Agree Realty is currently under evaluation in net income category among its peers.
Agree Realty Current Valuation Drivers
We derive many important indicators used in calculating different scores of Agree Realty from analyzing Agree Realty's financial statements. These drivers represent accounts that assess Agree Realty's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Agree Realty's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 2.8B | 3.5B | 4.8B | 5.6B | 6.0B | 6.3B | |
| Enterprise Value | 3.7B | 4.7B | 6.4B | 7.5B | 8.4B | 8.8B |
Agree Realty ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Agree Realty's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Agree Realty's managers, analysts, and investors.Environmental | Governance | Social |
Agree Realty Institutional Holders
Institutional Holdings refers to the ownership stake in Agree Realty that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Agree Realty's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Agree Realty's value.| Shares | Geode Capital Management, Llc | 2024-09-30 | 2.1 M | Macquarie Group Ltd | 2024-06-30 | 2 M | Deutsche Bank Ag | 2024-06-30 | 2 M | Daiwa Securities Group Inc | 2024-06-30 | 1.8 M | Charles Schwab Investment Management Inc | 2024-09-30 | 1.6 M | Hhg Plc | 2024-06-30 | 1.6 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.5 M | Thrivent Financial For Lutherans | 2024-09-30 | 1.4 M | Bank Of New York Mellon Corp | 2024-06-30 | 1.3 M | Vanguard Group Inc | 2024-09-30 | 14.3 M | Blackrock Inc | 2024-06-30 | 13.3 M |
Agree Fundamentals
| Return On Equity | 0.0362 | ||||
| Return On Asset | 0.0232 | ||||
| Profit Margin | 0.32 % | ||||
| Operating Margin | 0.49 % | ||||
| Current Valuation | 11.14 B | ||||
| Shares Outstanding | 108.58 M | ||||
| Shares Owned By Insiders | 1.77 % | ||||
| Shares Owned By Institutions | 98.23 % | ||||
| Number Of Shares Shorted | 13.97 M | ||||
| Price To Earning | 38.51 X | ||||
| Price To Book | 1.62 X | ||||
| Price To Sales | 13.87 X | ||||
| Revenue | 537.5 M | ||||
| Gross Profit | 377.53 M | ||||
| EBITDA | 437.65 M | ||||
| Net Income | 170.55 M | ||||
| Cash And Equivalents | 27.76 M | ||||
| Cash Per Share | 2.83 X | ||||
| Total Debt | 2.41 B | ||||
| Debt To Equity | 0.41 % | ||||
| Current Ratio | 4.78 X | ||||
| Book Value Per Share | 49.55 X | ||||
| Cash Flow From Operations | 391.6 M | ||||
| Short Ratio | 13.17 X | ||||
| Earnings Per Share | 1.81 X | ||||
| Price To Earnings To Growth | (28.74) X | ||||
| Target Price | 79.25 | ||||
| Number Of Employees | 72 | ||||
| Beta | 0.62 | ||||
| Market Capitalization | 8.33 B | ||||
| Total Asset | 7.77 B | ||||
| Retained Earnings | (346.47 M) | ||||
| Working Capital | (25.82 M) | ||||
| Current Asset | 10.13 M | ||||
| Current Liabilities | 19.35 M | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 3.70 % | ||||
| Net Asset | 7.77 B | ||||
| Last Dividend Paid | 2.98 |
About Agree Realty Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Agree Realty's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Agree Realty using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Agree Realty based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Agree Realty offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Agree Realty's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Agree Realty Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agree Realty Stock:Check out Agree Realty Piotroski F Score and Agree Realty Altman Z Score analysis. For information on how to trade Agree Stock refer to our How to Trade Agree Stock guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Retail REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Agree Realty. If investors know Agree will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Agree Realty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.032 | Dividend Share 2.982 | Earnings Share 1.81 | Revenue Per Share 5.985 | Quarterly Revenue Growth 0.128 |
The market value of Agree Realty is measured differently than its book value, which is the value of Agree that is recorded on the company's balance sheet. Investors also form their own opinion of Agree Realty's value that differs from its market value or its book value, called intrinsic value, which is Agree Realty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Agree Realty's market value can be influenced by many factors that don't directly affect Agree Realty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Agree Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agree Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agree Realty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.