Agree Realty Corporation, a real estate investment trust (REIT), engages in the ownership, development, acquisition, and management of retail properties, which are primarily leased to national and regional retail companies in the United States. As of December 31, 2008, its portfolio consisted of 68 properties, including 56 freestanding net leased properties and 12 community shopping centers located in 16 states containing approximately 3.4 million square feet of gross leasable area. The company has elected to be treated as a REIT under the Internal Revenue Code. As a REIT, the company is not subject to federal income tax to the extent that it distributes at least 90% of its taxable income to its stockholders. Agree Realty Corporation was founded in 1971 and is headquartered in Farmington Hills, Michigan.

Key Statistics

Closing Price	22.91
Volume	41189
Volume Avg	82272
52 Week High	28.15
52 Week Low	18.33
PE	8.16
PE (group average)	57
EPS Year	2.81
EPS change Q/Q	-5.45%
EPS change Q/Q Yr ago	13.04%
EPS change Q/Q next Q est	-11.86%
EPS change Y/Y	-9.86%
REV change Q/Q	5.43%
REV change Q/Q Yr ago	6.59%
EPS next Q est	0.59
EPS next Y est	2.46
Divident Annual	2.04
Dividend Yield	8.9%