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ADC Price Correlated With Financials For Agree Realty

Free historical financial statements for Agree Realty Corp.. See how revenue, income, cash flow, and balance sheet financials have changed over 43 quarters since 2012. Compare with ADC stock chart to see long term trends.

ADC Stock Compared to Quarterly

ADC Income Statement

Revenue, Net:115567000
Revenue Per Share:1.3048
Selling, General & Admin Expense:6992000
Total Operating Expenses:55636000
Operating Income:57314000
Income Taxes:720000
Net Income:39577000
Earnings Per Share, Basic:0.47
Shares Outstanding, Basic Avg:88573248

ADC Cash Flow

Operating Activities Net Income:
Depreciation, Depletion & Amortization:35156000
Change in Accounts Receiveable:7439000
Net Cash from Operations:118856000
Net Cash from Operations Per Share:1.3419
Repurchases/Buybacks Common Stock:66000
Cash Dividends Paid:56045000
Net Cash from Financing Activities:467542000
Property, Plant & Equipment Purchases:366500000
Net Cash from Investing Activities:-361991000
Net Change in Cash & Equivalents:224407000

ADC Balance Sheet

Cash and Cash Equivalents:251514000
Property, Plant & Equipment, Net:5390821000
Total Assets:6556101000
Long Term Debt, Non-Current Portion:null
Total Liabilities:2007394000

Insider Trading

 
Change
Value
Transaction
SEC Form 4
Erlich Craig   CHIEF OPERATING OFFICER
4,898 sh at $16
$79,593
Buy
RAKOLTA JOHN JR   Director
11,000 sh at $71
$785,180
Buy

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Blackrock Inc.
15,348,857 sh
992,766 sh
7%
$1,037,276
$1,769
Vanguard Group Inc
12,644,530 sh
797,668 sh
7%
$854,518
$3
Principal Financial Group Inc
6,327,104 sh
137,517 sh
2%
$427,581
-$18,875
State Street Corp
4,751,897 sh
217,810 sh
5%
$322,195
-$5,868
Deutsche Bank Ag\
3,559,662 sh
431,309 sh
14%
$240,562
$14,913
Centersquare Investment Management LLC
3,248,082 sh
-560,802 sh
-15%
$219,505
-$33,252
Wellington Management Group Llp
1,705,200 sh
739,717 sh
77%
$115,238
$45,598
Geode Capital Management, LLC
1,656,298 sh
72,141 sh
5%
$111,932
-$2,333
Morgan Stanley
1,431,127 sh
-1,117,129 sh
-44%
$96,716
-$87,090
Bank Of New York Mellon Corp
1,237,144 sh
62,562 sh
5%
$83,606
-$1,117
Charles Schwab Investment Management Inc
1,214,340 sh
315,241 sh
35%
$82,066
$17,213
GW&K Investment Management, LLC
1,201,561 sh
232,618 sh
24%
$81,201
$11,311
Northern Trust Corp
1,169,536 sh
308,371 sh
36%
$79,036
$21,889
Invesco Ltd.
1,152,026 sh
188,889 sh
20%
$77,855
$8,384
Daiwa Securities Group Inc.
1,104,026 sh
-214,378 sh
-16%
$74,610
-$20,486
Russell Investments Group, Ltd.
1,103,478 sh
50,458 sh
5%
$74,361
-$1,700
Cohen & Steers, Inc.
1,081,777 sh
-215,637 sh
-17%
$73,106
-$20,476
Goldman Sachs Group Inc
1,076,709 sh
150,394 sh
16%
$72,764
$5,949
Dimensional Fund Advisors LP
1,067,601 sh
25,077 sh
2%
$72,145
-$3,053
JPMorgan Chase & Co
1,055,279 sh
40,861 sh
4%
$71,315
-$1,854
COMPANY PROFILE
Note 1 – Organization 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. The Company’s assets are held by, and all of our operations are conducted through, directly or indirectly, Agree Limited Partnership (the “Operating Partnership”), of which Agree Realty Corporation is the sole general partner and in which it held a 99.5% common equity interest as of December 31, 2021.  There is a one-for-one relationship between the limited partnership interests in the Operating Partnership (“Operating Partnership Common Units”) owned by the Company and shares of Company common stock outstanding.  The Company also owns a Series A preferred equity interest in the Operating Partnership.  This preferred equity interest corresponds to the Company’s Series A Preferred Stock (see Note 6- Common and Preferred Stock), providing guaranteed income and distributions to the Company equal to the dividends payable on that stock.  Under the agreement of limited partnership of the Operating Partnership, the Company, as the sole general partner, has exclusive responsibility and discretion in the management and control of the Operating Partnership. The terms “Agree Realty,” the “Company,” “Management,” “we,” “our” or “us” refer to Agree Realty Corporation and all of its consolidated subsidiaries, including the Operating Partnership.

Data imported from Agree Realty Corp. SEC filings. Check original filings before making any investment decision.