On 2016-05-02, Agree Realty Corporation (NYSE:ADC) confirmed the dividend disbursement of $0.48 a share to shareholders as on record 2016-06-30. The firm will release dividend on 2016-07-15 while ex-dividend date is reported to be 2016-06-28.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Agree Realty Corporation (NYSE:ADC) paid a total of $0.48 per share in dividends. This figure stood at $0.48 a share in the same period a year ago indicating a deviation of 6.0345%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $52.571 on the stock. This figure is the average of recommendations offered by 7 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $56 and $44, respectively.
Taking the mathematical rating formula, the price for Agree Realty Corporation (NYSE:ADC) stands at 1.14. Earnings Review Agree Realty Corporation (NYSE:ADC) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-24. For the period ending on 2016-09-30, experts are expecting EPS of $0.64.
Coming to the quarter ending on 2015-12-31, Agree Realty Corporation (NYSE:ADC) recorded EPS of $0.61. The reported numbers came lower than the analysts’ estimates of $0.61, demonstrating a miss of $0 as against reported figures.
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