Agree Realty Corp

NYSE:ADC   4:00PM EDT
73.40
+0.45 (+0.62%)
: $73.34 -0.06 (-0.08%)
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Market Cap (Intraday)3.08B
Current PE46.44
Forward PE 41.44
2yr Forward PE 42.15
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Estimates Current Quarter
Revenue$47.34 Million
Adjusted EPS$0.42
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10-Day MA$72.81
50-Day MA$70.18
200-Day MA$65.67
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AGREE REALTY CORP Stock, NYSE:ADC

70 E. LONG LAKE ROAD, BLOOMFIELD HILLS, MI 48034
United States of America
Phone: 8107374190
Number of Employees: 24

Description

Agree Realty Corporation, a real estate investment trust (REIT), engages in the ownership, development, acquisition, and management of retail properties, which are primarily leased to national and regional retail companies in the United States. As of December 31, 2009, its portfolio consisted of 73 properties, including 61 freestanding net leased properties and 12 community shopping centers located in 16 states containing approximately 3.5 million square feet of gross leasable area. The company has elected to be treated as a REIT under the Internal Revenue Code. As a REIT, the company is not subject to federal income tax to the extent that it distributes at least 90% of its taxable income to its stockholders. Agree Realty Corporation was founded in 1971 and is headquartered in Farmington Hills, Michigan.