Search, analyze & compare
My selected companies
Adjust valuation method
![]()
Detail of Agree Realty Corp
CEO
Mr. Joel N. Agree
Employees
72
Industry
REIT - Retail
Sector
Real Estate
Market cap
$7B
Company details
Agree Realty Corporation (the Company), a Maryland corporation, is a fully integrated real estate investment trust (REIT) primarily focused on the ownership, acquisition, development and management of retail properties net leased to industry leading tenants. The Company was founded in 1971 by its current Executive Chairman, Richard Agree, and its common stock was listed on the New York Stock Exchange in 1994. As of March 31, 2024, the Company owned 2,161 properties, with a total gross leasable area (GLA) of approximately 44.9 million square feet.
Revenue
Cost of goods
Gross profit
OE
G&A
OI
OIE
PI
TAX
NI
Revenue (Rev)
$600.52M
Cost of goods (CoG)
-$72.40M
Gross profit (GP)
$528.13M
Operating expense (OE)
-$37.04M
General and administrative (G&A)
-$37.04M
Operating income (OI)
$293.41M
Other income expense (OIE)
-$3.26M
Pretax income (PI)
$194.50M
Tax (TAX)
-$3.94M
Net income (NI)
$190.56M
Stock vs Industry average
-
Industry average
Dividend yield
4.04%
Trailing annual dividend rate
$2.919
Payout ratio
164.75%
EPS
$1.90
Margin profit
31.62%
52 week low
$54.950001
52 week high
$77.455002
50-day simple moving average
$75.16
200-day simple moving average
$74.40
Percent held by insiders
1.82%
Percent held by institutions
106.13%
Dividend yield
3.89%
