|Bid||67.31 x 2200|
|Ask||69.16 x 900|
|Day's Range||68.05 - 69.52|
|52 Week Range||61.27 - 75.95|
|Beta (5Y Monthly)||0.40|
|PE Ratio (TTM)||39.17|
|Earnings Date||Feb. 16, 2022 - Feb. 21, 2022|
|Forward Dividend & Yield||2.72 (3.88%)|
|Ex-Dividend Date||Nov. 29, 2021|
|1y Target Est||81.50|
The retail REIT recently gave investors another raise, adding to its impressive total this year. The main factor driving that dividend growth is acquisitions. The company has spent more than $1 billion to acquire 219 properties across 40 states through the end of the third quarter.
While replicating these investment volume is the testament to the efforts of our talented team, I am most pleased with the exceptional quality of the investments that we've made in a challenging environment. While our investment activities further strengthen our best-in-class retail portfolio we have also fortified our robust balance sheet with $1.5 billion of capital markets transactions year-to-date positioning our company for dynamic growth in the quarters ahead.
Agree Realty (ADC) delivered FFO and revenue surprises of 0.00% and 0.21%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?