Fundamental Data for ADC

Agree Realty Corp. is a self-administered, self-managed real estateinvestment trust which develops, acquires, owns and operates properties which are primarily leased to major national and regional retail companies under net leases.

# Employees: 11

Address: 31850 Northwestern Highway,Farmington Hills,MI,USA

Phone: 248 737-4190

Fax: 248 737-9110

Website: www.agreerealty.com

Email: invest@agreerealty.com

Sector: Finance

Industry: REIT-EQTY TRUST

Executive Officers

Richard Agree (Chmn.; Presi.)

Kenneth R. Howe (V.P.; Fin.; Sec.; Princ. Fin. & Acttg. Off.)

Farris G. Kalil (Dir.)

Michael Rotchford (Dir.)

William S. Rubenfaer (Dir.,)

Dividend

Ex-Dividend Date: 9/28/2009

Annual Dividend: $2.04

Current Dividend Yield: $8.52

Dividend Paid (3 months): $0.51

Indicated Dividend: $0.74

Earnings

Last Earnings Date: 9/30/2009

Next Earnings Date(Expected): 2/25/2010

Mean EPS (Next Qtr): $0.71

Mean EPS (Year): $2.81

Mean Estimate(Long Term): $3.50

P/E Ratio(Based on EPS estimate): 8.540

Number of Estimates: 2

Shares Performance

Period	ADC	Compare to S&P
YTD	32.10 %	9.32 %
4 Weeks	2.66 %	-2.54 %
12 Weeks	19.51 %	11.29 %

Shares Information

Analyst Coverage: Y

Avg Volume: 26363

Shares Outstanding: 8M

Market Cap: $0.20B

52 Week High: $24.61

52 Week Low: $9.31

P/E Ratio: 8.710

PEG Ratio: 2.440

Split: On 1/1/1990 ADC split by factor of 1.500

Earnings Performance

EPS Growth in Last Quarter: 2.86 %

EPS Growth in Last Year: 9.09 %

Sales Growth in Last Quarter: 0.87 %

Sales Growth in Last Quarter: 1.92 %

Financials

Qtr Book Value: $1.41

Cash Flow/Share: $9.16

Change in Payout Ratio: -0.050

Price/Sales: 5.360