Agree Realty(US:ADC) Financial Modeling Prep·2025-10-20 11:00Core Viewpoint - Agree Realty Corporation (ADC) is a stable and growth-oriented real estate investment trust (REIT) focused on acquiring properties leased to major retailers, which provides a steady income stream and reduces tenant default risk [1] Earnings Expectations - ADC is expected to release its quarterly earnings on October 21, 2025, with analysts predicting an earnings per share (EPS) of $1.08 and revenue of approximately $181.5 million [2][6] Dividend Appeal - The company offers a forward yield of 4.2%, making it attractive to investors seeking both income and capital appreciation, further enhanced by consistent dividend growth [2][6] Financial Performance - In Q2 2025, ADC exceeded expectations, leading to an increase in its adjusted funds from operations (AFFO) guidance, showcasing its ability to outperform sector peers [3] - The company's price-to-earnings (P/E) ratio is about 43.68, reflecting strong investor confidence in its earnings potential [3] Financial Metrics - Key financial ratios include a price-to-sales ratio of around 12.59 and an enterprise value to sales ratio of approximately 17.58, indicating the company's market value relative to its sales [4] - The enterprise value to operating cash flow ratio is about 24.26, suggesting efficient cash generation from operations [4] - ADC's debt-to-equity ratio is approximately 0.58, indicating a moderate level of debt, while the current ratio of around 0.22 suggests limited short-term asset coverage for liabilities [5] - The earnings yield is about 2.29%, reflecting the company's ability to generate earnings from investments [5][6]