$73.93
0.43% day before yesterday
NYSE, Nov 01, 09:00 pm CET
ISIN
US0084921008
Symbol
ADC

Agree Realty Corporation Target price 2024 - Analyst rating & recommendation

Agree Realty Corporation Classifications & Recommendation:

Buy
76%
Hold
24%

Agree Realty Corporation Price Target

Target Price $79.28
Price $73.93
Potential
Number of Estimates 16
16 Analysts have issued a price target Agree Realty Corporation 2025 . The average Agree Realty Corporation target price is $79.28. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 17 analysts: 13 Analysts recommend Agree Realty Corporation to buy, 4 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Agree Realty Corporation stock has an average upside potential 2025 of . Most analysts recommend the Agree Realty Corporation stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2028

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 537.50 613.51
25.06% 14.14%
EBITDA Margin 81.42% 84.56%
0.27% 3.85%
Net Margin 32.74% 31.38%
25.72% 4.16%

11 Analysts have issued a sales forecast Agree Realty Corporation 2024 . The average Agree Realty Corporation sales estimate is

$614m
Unlock
. This is
2.11% higher
Unlock
than the revenue of the last 12 months(TTM). The highest sales forecast is
$617m 2.69%
Unlock
, the lowest is
$606m 0.93%
Unlock
.

This results in the following potential growth metrics:

Revenue Estimates

2023 $538m 25.06%
2024
$614m 14.14%
Unlock
2025
$682m 11.16%
Unlock
2026
$736m 7.89%
Unlock
2027
$786m 6.75%
Unlock
2028
$1.0b 28.79%
Unlock

12 Analysts have issued an Agree Realty Corporation EBITDA forecast 2024. The average Agree Realty Corporation EBITDA estimate is

$519m
Unlock
. This is
5.29% higher
Unlock
than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$606m 22.98%
Unlock
, the lowest is
$496m 0.75%
Unlock
.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $438m 25.39%
2024
$519m 18.54%
Unlock
2025
$587m 13.21%
Unlock
2026
$677m 15.19%
Unlock
2027
$778m 15.02%
Unlock

EBITDA Margin

2023 81.42% 0.27%
2024
84.56% 3.85%
Unlock
2025
86.12% 1.84%
Unlock
2026
91.94% 6.76%
Unlock
2027
99.06% 7.74%
Unlock

1 Analyst has issued a net profit forecast Agree Realty Corporation 2024 . The average Agree Realty Corporation net profit estimate is

$193m
Unlock
. This is
2.76% higher
Unlock
than the net profit for the last 12 months(TTM). The highest net profit forecast is
$193m 2.76%
Unlock
, the lowest is
$193m 2.76%
Unlock
.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $176m 7.10%
2024
$193m 9.41%
Unlock
2025
$206m 6.99%
Unlock

Net Margin

2023 32.74% 25.72%
2024
31.38% 4.16%
Unlock
2025
30.21% 3.73%
Unlock

Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 1.70 1.86
7.10% 9.41%
P/E 39.75
EV/Sales 17.21

1 Analysts have issued a Agree Realty Corporation forecast for earnings per share. The average Agree Realty Corporation <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$1.86
Unlock
. This is
2.76% higher
Unlock
than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$1.86 2.76%
Unlock
, the lowest is
$1.86 2.76%
Unlock
.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $1.70 7.10%
2024
$1.86 9.41%
Unlock
2025
$1.99 6.99%
Unlock

P/E ratio

Current 40.91 28.08%
2024
39.75 2.84%
Unlock
2025
37.15 6.54%
Unlock

Based on analysts' sales estimates for 2024, the Agree Realty Corporation stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

17.21
Unlock
and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of
12.47
Unlock
.

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 17.58 13.13%
2024
17.21 2.09%
Unlock
2025
15.48 10.04%
Unlock
2026
14.35 7.32%
Unlock
2027
13.44 6.33%
Unlock
2028
10.44 22.35%
Unlock

P/S ratio

Current 12.74 18.94%
2024
12.47 2.07%
Unlock
2025
11.22 10.04%
Unlock
2026
10.40 7.32%
Unlock
2027
9.74 6.33%
Unlock
2028
7.57 22.35%
Unlock

Register for Free

StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.

The Apple stock at a glance with charts, current key metrics, news and stock analyses.
The Best Dividend Stocks in the Dividend Top Scorer list.
Stock Analyses of the Best Stocks Worldwide.
Start building wealth today