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ADC
Stock ticker:
NYSE
AS OF
Jun 30, 12:24 PM (EDT)
Price
$72.95
Change
-$0.22 (-0.30%)
Capitalization
5.5B

ADC Price Prediction, Agree Realty Corp AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
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A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Jun 29, 2022

Momentum Indicator for ADC turns positive, indicating new upward trend

ADC saw its Momentum Indicator move above the 0 level on June 23, 2022. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 86 similar instances where the indicator turned positive. In 58 of the 86 cases, the stock moved higher in the following days. The odds of a move higher are at 67%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for ADC just turned positive on June 23, 2022. Looking at past instances where ADC's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .

ADC moved above its 50-day moving average on June 21, 2022 date and that indicates a change from a downward trend to an upward trend.

The 50-day moving average for ADC moved above the 200-day moving average on May 24, 2022. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ADC advanced for three days, in of 353 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 266 cases where ADC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for ADC moved out of overbought territory on June 27, 2022. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 32 similar instances where the indicator moved out of overbought territory. In of the 32 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ADC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

ADC broke above its upper Bollinger Band on June 24, 2022. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 77, placing this stock better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. ADC’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.573) is normal, around the industry mean (3.435). P/E Ratio (41.152) is within average values for comparable stocks, (46.319). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (3.934). Dividend Yield (0.037) settles around the average of (0.057) among similar stocks. P/S Ratio (14.085) is also within normal values, averaging (7.779).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

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A.I.Advisor
published price charts
AI
A.I. Advisor
published Earnings

ADC is expected to report earnings to fall 6.67% to 44 cents per share on July 25

Agree Realty Corp ADC Stock Earnings Reports
Q2'22
Est.
$0.45
Q1'22
Beat
by $0.03
Q4'21
Missed
by $0.03
Q3'21
Beat
by $0.06
Q2'21
Missed
by $0.12
The last earnings report on May 03 showed earnings per share of 47 cents, beating the estimate of 44 cents. With 116.47K shares outstanding, the current market capitalization sits at 5.50B.
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A.I.Advisor
published Dividends

ADC is expected to pay dividends on July 14, 2022

Agree Realty Corp ADC Stock Dividends
A dividend of $0.23 per share will be paid with a record date of July 14, 2022, and an ex-dividend date of June 29, 2022. The last dividend of $0.23 was paid on June 14. Read more...
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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are American Tower Corp (NYSE:AMT), PROLOGIS (NYSE:PLD), Simon Property Group (NYSE:SPG), Annaly Capital Management (NYSE:NLY), NEW RESIDENTIAL INVESTMENT Corp (NYSE:NRZ), Innovative Industrial Properties (NYSE:IIPR), Tanger Factory Outlet Centers (NYSE:SKT).

Industry description

A real estate investment trust (REIT) is a company any that owns, and in most cases, operates, income-producing real estate – ranging from office and apartment buildings to warehouses, hospitals, shopping centers, hotels and timberlands. Some REITs are involved in financing real estate. Equity REITs invest in and own properties, while mortgage REITs own and invest in property mortgages. REITs are required by law to pay out at least 90% of their annual taxable income (excluding capital gains) to shareholders in the form of dividends. Some REITs could be more cyclical than others; for example, when an economy is undergoing a recession, hotel REITs could be more vulnerable, compared to say healthcare REIT given that healthcare needs are less likely to depend on economic cycles. American Tower Corporation, Prologis, Inc. and Crown Castle International Corp are some of the biggest REIT companies in the U.S.

Market Cap

The average market capitalization across the Real Estate Investment Trusts Industry is 5.11B. The market cap for tickers in the group ranges from 51.9K to 236.99B. COFRF holds the highest valuation in this group at 236.99B. The lowest valued company is PDNLB at 51.9K.

High and low price notable news

The average weekly price growth across all stocks in the Real Estate Investment Trusts Industry was 1%. For the same Industry, the average monthly price growth was -6%, and the average quarterly price growth was -11%. MTGCF experienced the highest price growth at 477%, while INGEF experienced the biggest fall at -26%.

Volume

The average weekly volume growth across all stocks in the Real Estate Investment Trusts Industry was -17%. For the same stocks of the Industry, the average monthly volume growth was -8% and the average quarterly volume growth was -2%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 50
P/E Growth Rating: 57
Price Growth Rating: 59
SMR Rating: 75
Profit Risk Rating: 76
Seasonality Score: -4 (-100 ... +100)
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published General Information

General Information

a Real Estate Investment Trust

Industry RealEstateInvestmentTrusts

Profile
Fundamentals
Details
Industry
Real Estate Investment Trusts
Address
70 East Long Lake Road
Phone
+1 248 737-4190
Employees
57
Web
https://www.agreerealty.com

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ADC and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, ADC has been closely correlated with O. These tickers have moved in lockstep 80% of the time. This A.I.-generated data suggests there is a high statistical probability that if ADC jumps, then O could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ADC
1D Price
Change %
ADC100%
-0.04%
O - ADC
80%
Closely correlated
+0.33%
NNN - ADC
79%
Closely correlated
+0.25%
STOR - ADC
77%
Closely correlated
-0.24%
FCPT - ADC
76%
Closely correlated
-0.18%
SRC - ADC
75%
Closely correlated
+0.15%
More