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Upturn AI SWOT - About
Agree Realty Corporation (ADC)
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Upturn Advisory Summary
07/17/2025: ADC (2-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Number of Analysts
21 Analysts rated it
Well-followed company, solid analyst reports, reliable data for confident investing.
1 Year Target Price $82.03
1 Year Target Price $82.03
| 12 | Strong Buy |
| 3 | Buy |
| 6 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 12.74% | Avg. Invested days 56 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 07/17/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 7.97B USD | Price to earnings Ratio 40.81 | 1Y Target Price 82.03 |
Price to earnings Ratio 40.81 | 1Y Target Price 82.03 | ||
Volume (30-day avg) 21 | Beta 0.56 | 52 Weeks Range 63.32 - 78.83 | Updated Date 07/17/2025 |
52 Weeks Range 63.32 - 78.83 | Updated Date 07/17/2025 | ||
Dividends yield (FY) 4.20% | Basic EPS (TTM) 1.77 |
Earnings Date
Report Date 2025-07-21 | When Before Market | Estimate 0.4501 | Actual - |
Profitability
Profit Margin 30.05% | Operating Margin (TTM) 48.63% |
Management Effectiveness
Return on Assets (TTM) 2.3% | Return on Equity (TTM) 3.55% |
Valuation
Trailing PE 40.81 | Forward PE 38.61 | Enterprise Value 11111187722 | Price to Sales(TTM) 12.52 |
Enterprise Value 11111187722 | Price to Sales(TTM) 12.52 | ||
Enterprise Value to Revenue 17.45 | Enterprise Value to EBITDA 19.88 | Shares Outstanding 110019000 | Shares Floating 107714733 |
Shares Outstanding 110019000 | Shares Floating 107714733 | ||
Percent Insiders 1.8 | Percent Institutions 116.03 |
Upturn AI SWOT
Agree Realty Corporation
Company Overview
History and Background
Agree Realty Corporation (ADC) was founded in 1971 and is a publicly traded real estate investment trust (REIT) primarily focused on the acquisition and development of net lease retail properties. Initially a regional developer, the company shifted its focus to net lease properties in the late 1990s and has since grown into a national REIT.
Core Business Areas
- Acquisition: Acquisition of high-quality retail properties leased to industry-leading tenants operating in sectors such as grocery, home improvement, auto parts, convenience stores, and discount retail.
- Development and Construction: Development and construction of new retail properties, typically pre-leased to tenants on long-term net leases.
- Asset Management: Management and leasing of existing properties, maintaining high occupancy rates and tenant relationships.
Leadership and Structure
Joey Agree serves as the President and Chief Executive Officer. The company has a board of directors overseeing corporate governance. The organizational structure includes teams responsible for acquisitions, development, asset management, finance, and legal functions.
Top Products and Market Share
Key Offerings
- Net Lease Retail Properties: Agree Realty focuses on acquiring and developing properties net-leased to high-quality tenants. Market share data isn't readily available, but the company competes with other REITs. Competitors include Realty Income, National Retail Properties and Essential Properties Realty Trust. Revenue is approximately $500 million annually (estimates are based on recent reports).
Market Dynamics
Industry Overview
The net lease retail REIT industry involves owning and leasing retail properties under long-term net leases, where tenants are responsible for property taxes, insurance, and maintenance. The industry is influenced by interest rates, retail trends, and economic conditions.
Positioning
Agree Realty is positioned as a leading net lease REIT with a focus on high-quality tenants and a diversified portfolio. Its competitive advantage lies in its disciplined investment strategy, proactive asset management, and strong balance sheet.
Total Addressable Market (TAM)
The TAM for net lease retail real estate is estimated to be in the trillions of dollars. Agree Realty's market capitalization is a small fraction of this, leaving significant room for growth through acquisitions and development.
Upturn SWOT Analysis
Strengths
- High-quality tenant base
- Diversified portfolio
- Strong balance sheet
- Disciplined investment strategy
- Experienced management team
Weaknesses
- Sensitivity to interest rate fluctuations
- Reliance on tenant performance
- Relatively smaller market capitalization compared to larger REITs
Opportunities
- Acquisition of additional net lease properties
- Expansion into new markets
- Development of new retail properties
- Capitalizing on retail trends (e.g., omnichannel retail)
- Increase rental rates based on inflation
Threats
- Economic downturn impacting tenant health
- Rising interest rates increasing borrowing costs
- Increased competition for acquisitions
- Changes in consumer spending habits
- Inflation
Competitors and Market Share
Key Competitors
- O
- NNN
- EPRT
- WPC
Competitive Landscape
Agree Realty's competitive advantages include its focus on high-quality tenants, diversified portfolio, and disciplined investment strategy. It faces competition from larger, more established REITs with greater access to capital.
Major Acquisitions
Kwik Trip Portfolio
- Year: 2023
- Acquisition Price (USD millions): 136
- Strategic Rationale: Strategic acquisition to further portfolio tenant and geographic diversification.
Growth Trajectory and Initiatives
Historical Growth: Agree Realty has demonstrated strong growth over the past decade through acquisitions and development, driven by a disciplined investment strategy and focus on high-quality tenants.
Future Projections: Analyst estimates project continued growth in revenues and earnings, driven by acquisitions and development. The company is expected to maintain a conservative financial profile.
Recent Initiatives: Recent initiatives include expanding its development pipeline, focusing on strategic acquisitions in high-growth markets, and enhancing its technology platform for asset management.
Summary
Agree Realty Corporation is a financially stable REIT focused on net lease retail properties with high-quality tenants. It demonstrates consistent growth and dividend payouts. Potential risks include interest rate sensitivity and economic downturns. Their conservative and diversified approach shows stability.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings (10-K, 10-Q)
- Investor Presentations
- Analyst Reports (FactSet, S&P Capital IQ)
- Company Website
- Industry Research Reports
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Market share data is estimated and may vary. Financial data is based on publicly available information and may not be exhaustive. Past performance is not indicative of future results.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Agree Realty Corporation
Exchange NYSE | Headquaters Royal Oak, MI, United States | ||
IPO Launch date 1994-04-15 | President, CEO & Director Mr. Joel N. Agree J.D. | ||
Sector Real Estate | Industry REIT - Retail | Full time employees 75 | Website https://www.agreerealty.com |
Full time employees 75 | Website https://www.agreerealty.com | ||
Agree Realty Corporation is a publicly traded real estate investment trust that is RETHINKING RETAIL through the acquisition and development of properties net leased to industry-leading, omni-channel retail tenants. As of March 31, 2025, the Company owned and operated a portfolio of 2,422 properties, located in all 50 states and containing approximately 50.3 million square feet of gross leasable area. The Company's common stock is listed on the New York Stock Exchange under the symbol ADC.
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