Agree Realty Corporation (ADC)
Agree Realty Corporation operates in the REIT - Retail industry of the Real Estate sector, headquartered in Royal Oak, MI, US. The stock last traded at $74.36, up 1.32% on the session, giving a market capitalisation of $8.93B. On trailing twelve-month figures it carries a trailing P/E of 39.98, a net margin of 28.9%. Its beta of 0.47 implies it has historically moved less than the broad market.
Agree Realty Corporation functions as a publicly traded Real Estate Investment Trust (REIT), concentrating its efforts on the acquisition and development of commercial properties. These assets are primarily net-leased to leading companies within the retail sector. As of September 30, 2020, the firm oversaw a substantial portfolio of 1,027 properties, which were distributed across 45 U.S. states and encompassed a total gross leasable area of approximately 21.0 million square feet. Shares of Agree Realty's common stock are available for trade on the New York Stock Exchange, identified by the ticker symbol ADC.
Agree Realty Corporation is most often compared with the following Real Estate names: