(ADC) Agree Realty - Ratings and Ratios

Agree Realty Corporation is a real estate investment trust (REIT) that is revolutionizing the retail landscape by acquiring and developing properties leased to top-tier, omni-channel retailers. With a vast portfolio of 2,422 properties across all 50 states, the company has established itself as a significant player in the retail REIT sector, boasting approximately 50.3 million square feet of gross leasable area as of March 31, 2025.

The companys business model is centered around providing high-quality, net-leased properties to industry-leading retailers, allowing them to focus on their core business while Agree Realty handles the real estate. This approach has enabled the company to build a diversified portfolio that is well-positioned to capitalize on the evolving retail landscape, including the shift towards e-commerce and omni-channel retailing.

From a technical analysis perspective, Agree Realtys stock price has been trending near its 52-week high, with a current price of $73.90. The stock is slightly below its short-term moving averages (SMA20: $74.47, SMA50: $75.20), indicating a potential consolidation phase. However, the long-term trend remains positive, with the SMA200 at $73.06. The Average True Range (ATR) of 1.32 (1.78%) suggests moderate volatility.

Fundamentally, Agree Realtys market capitalization stands at $8.33 billion, with a forward price-to-earnings ratio of 40.16. The companys return on equity (RoE) is 3.47%, indicating a relatively stable and income-generating business model. Given the current valuation and growth prospects, we forecast that Agree Realtys stock price will continue to appreciate, potentially reaching $80-$85 in the next 6-12 months, driven by the companys continued acquisition and development of high-quality, net-leased properties and the ongoing shift towards omni-channel retailing.

Our forecast is based on the convergence of technical and fundamental factors, including the companys strong portfolio, stable financials, and favorable industry trends. As the retail landscape continues to evolve, Agree Realty is well-positioned to capitalize on emerging opportunities, driving long-term growth and returns for investors.