Previous close | 74.36 |
Open | 74.30 |
Bid | 0.00 x 800 |
Ask | 0.00 x 1100 |
Day's range | 74.10 - 74.70 |
52-week range | 61.62 - 80.44 |
Volume | |
Avg. volume | 798,136 |
Market cap | 6.637B |
Beta (5Y monthly) | 0.46 |
PE ratio (TTM) | 40.58 |
EPS (TTM) | 1.83 |
Earnings date | 14 Feb 2023 |
Forward dividend & yield | 2.88 (3.88%) |
Ex-dividend date | 30 Jan 2023 |
1y target est | 77.45 |
Agree Realty has turned $1,000 into nearly $6,000 since the Great Recession and signs point to more outperformance.
While it's possible that the economy could avoid a recession, a recent poll of economists by The Wall Street Journal put the probability of a recession at 61% this year. This means investors should consider taking steps to help insulate their portfolio from a potential economic downturn. Three economically durable options to consider are Agree Realty (NYSE: ADC), NextEra Energy (NYSE: NEE), and Republic Services (NYSE: RSG).
Challenging economic circumstances and the growing concern over a potential recession have put tremendous pressure on the broader market. Thankfully, there are stocks that are not just outpacing the S&P 500 this year, but far outperforming while still paying attractive dividend yields. Iron Mountain (NYSE: IRM) is one of the top-performing dividend stocks from this past year.