Agree Realty Corp. (ADC) is predicted to post EPS of 0.43 in the upcoming quarter : This Stock is Ticking Every Box for Top Investors

Agree Realty Corp. (NYSE: ADC) open the trading on Wednesday, with great promise as it jumped 1.57% to $75.04, before settling in for the price of $73.88 at the close. Taking a more long-term approach, ADC posted a 52-week range of $52.69-$77.47.

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The Real Estate Sector giants’ yearly sales growth during the last 5-year period was 31.51%. Meanwhile, its Annual Earning per share during the time was -0.98%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 6.06%. This publicly-traded company’s shares outstanding now amounts to $103.52 million, simultaneously with a float of $101.63 million. The organization now has a market capitalization sitting at $7.77 billion. At the time of writing, stock’s 50-day Moving Average stood at $74.66, while the 200-day Moving Average is $64.20.

Agree Realty Corp. (ADC) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the REIT – Retail industry. Agree Realty Corp.’s current insider ownership accounts for 1.83%, in contrast to 102.39% institutional ownership. According to the most recent insider trade that took place on May 23 ’24, this organization’s Director bought 20,000 shares at the rate of 59.32, making the entire transaction reach 1,186,400 in total value, affecting insider ownership by 436,011. Preceding that transaction, on May 23 ’24, Company’s Director bought 1,000 for 58.99, making the whole transaction’s value amount to 58,990. This particular insider is now the holder of 23,036 in total.

Agree Realty Corp. (ADC) Earnings and Revenue Records

Agree Realty Corp.’s EPS increase for this current 12-month fiscal period is 6.06% and is forecasted to reach 1.82 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 5.63% through the next 5 years, which can be compared against the -0.98% growth it accomplished over the previous five years trading on the market.

Agree Realty Corp. (NYSE: ADC) Trading Performance Indicators

Let’s observe the current performance indicators for Agree Realty Corp. (ADC). The Stock has managed to achieve an average true range (ATR) of 1.28. Alongside those numbers, its PE Ratio stands at $41.52, and its Beta score is 0.62. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 12.93. Similarly, its price to free cash flow for trailing twelve months is now 18.21.

In the same vein, ADC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.81, a figure that is expected to reach 0.43 in the next quarter, and analysts are predicting that it will be 1.82 at the market close of one year from today.

Technical Analysis of Agree Realty Corp. (ADC)

[Agree Realty Corp., ADC] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 19.23% While, its Average True Range was 1.35.

Raw Stochastic average of Agree Realty Corp. (ADC) in the period of the previous 100 days is set at 86.36%, which indicates a major rise in contrast to 42.89% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 19.28% that was higher than 15.17% volatility it exhibited in the past 100-days period.