If You Invested $10,000 In Agree Realty Stock 10 Years Ago, How Much Would You Have Now?

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.

You are viewing: If You Invested $10,000 In Agree Realty Stock 10 Years Ago, How Much Would You Have Now?

Agree Realty Corporation (NYSE:ADC) is a fully integrated real estate investment trust (REIT) primarily focused on the ownership, acquisition, development and management of retail properties net leased to industry-leading tenants.

It is set to report its Q4 2024 earnings on Feb. 11, 2025. Wall Street analysts expect the company to post an EPS of $1.03, up from $1.00 in the year-ago period. According to Benzinga Pro, quarterly revenue is expected to reach $156.13 million, up from $144.16 million in the previous year.

Don’t Miss:

The company’s stock traded at approximately $31.21 per share 10 years ago. If you had invested $10,000, you could have bought roughly 320 shares. Currently, shares trade at $70.29, meaning your investment’s value could have grown to $22,522 from stock price appreciation alone. However, Agree Realty also paid dividends during these 10 years.

See more : Trump, SoftBank CEO announce $100 billion investment in US

Agree Realty’s dividend yield is currently 4.32%. Over the last 10 years, it has paid about $23.47 in dividends per share, which means you could have made $7,520 from dividends alone.

See Also: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — you can become an investor for $0.80 per share today.

Summing up $22,522 and $7,520, we end up with the final value of your investment, which is $30,042. This is how much you could have made if you had invested $10,000 in Agree Realty stock 10 years ago. This means a total return of 200.42%. However, this figure is less than the S&P 500 total return for the same period, which was 224.78%.

Agree Realty has a consensus rating of “Buy” and a price target of $76.93 based on the ratings of 22 analysts. The price target implies more than 9% potential upside from the current stock price. Check out this article by Benzinga for 11 analysts’ insights on Agree Realty.

On Oct. 22, the company announced its Q3 2024 earnings, posting an FFO of $1.03, compared to the consensus estimate of $1.02 and revenues of $154.33 million, compared to the consensus of $150.81 million, as reported by Benzinga.

Story Continues