Agree Realty Corp's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 18 out of 188 in the Residential & Commercial REITs industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 83.38.In the medium term, the stock price is expected to remain stable.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Agree Realty Corp is 8.28, ranking 47 out of 188 in the Residential & Commercial REITs industry. Its financial status is stable, and its operating efficiency is high. Its latest quarterly revenue reached 190.49M, representing a year-over-year increase of 18.51%, while its net profit experienced a year-over-year increase of 24.94%.
Key Metrics
The current valuation score of Agree Realty Corp is 6.38, ranking 144 out of 188 in the Residential & Commercial REITs industry. Its current P/E ratio is 41.94, which is 10.09% below the recent high of 46.17 and 25.44% above the recent low of 31.27.
The current earnings forecast score of Agree Realty Corp is 7.80, ranking 45 out of 188 in the Residential & Commercial REITs industry. The average price target is 83.00, with a high of 91.00 and a low of 75.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Agree Realty Corp is 6.57, ranking 78 out of 188 in the Residential & Commercial REITs industry. Currently, the stock price is trading between the resistance level at 79.66 and the support level at 71.58, making it suitable for range-bound swing trading.
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The current institutional shareholding score of Agree Realty Corp is 10.00, ranking 1 out of 188 in the Residential & Commercial REITs industry. The latest institutional shareholding proportion is 116.02%, representing a quarter-over-quarter decrease of 3.10%. The largest institutional shareholder is The Vanguard, holding a total of 15.63M shares, representing 13.02% of shares outstanding, with 3.36% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Residential & Commercial REITs domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Agree Realty Corp is 9.95, ranking 1 out of 188 in the Residential & Commercial REITs industry. The company's beta value is 0.53. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
