Previous Close | 57.14 |
Open | 57.17 |
Bid | 56.90 x 1100 |
Ask | 58.74 x 900 |
Day's Range | 56.86 - 57.55 |
52 Week Range | 56.86 - 75.71 |
Volume | |
Avg. Volume | 852,140 |
Market Cap | 5.501B |
Beta (5Y Monthly) | 0.46 |
PE Ratio (TTM) | 32.35 |
EPS (TTM) | 1.76 |
Earnings Date | Oct 30, 2023 - Nov 03, 2023 |
Forward Dividend & Yield | 2.92 (5.10%) |
Ex-Dividend Date | Sept 28, 2023 |
1y Target Est | 73.46 |
Evaluating a company's growth prospects is vital. That's because profit growth typically drives a stock's returns over the long term. Agree Realty (NYSE: ADC), EnLink Midstream (NYSE: ENLC), and NextEra Energy Partners (NYSE: NEP) have tremendous growth runways.
Real estate investment trusts (REITs) lend themselves to that strategy. Casino owner Vici Properties (NYSE: VICI) and retail landlord Agree Realty (NYSE: ADC) are two particularly good options for that $2,000 you might have sitting there waiting to invest. The chart above shows how Agree Realty and Vici Properties have performed in total returns since Vici's 2018 initial public offering (IPO) against the greater market as represented by the S&P 500.
Does this pain extend to Agree Realty (NYSE: ADC)? Agree Realty is a net lease real estate investment trust (REIT). Net lease REITs develop properties and then lease them out under long-term leases called triple-net leases.