Agree Realty (ADC) Set to Announce Quarterly Earnings on Tuesday

Key Points

• Agree Realty is expected to report Q3 2026 results after market close on October 20, with analysts forecasting $0.4776 in EPS and $211.19 million in revenue. The earnings call is scheduled for October 21 at 9:00 a.m. ET.
• The REIT’s latest quarter showed mixed results: EPS of $0.44 missed estimates, while revenue rose 16.8% year over year to $216.33 million and exceeded expectations.
• Agree Realty pays a monthly dividend equivalent to a 4.8% annualized yield, while recent insider purchases totaled 48,496 shares valued at approximately $3.4 million. Analysts maintain a “Moderate Buy” consensus with an $82.81 price target.

Agree Realty (NYSE:ADC - Get Free Report) is expected to issue its Q3 2026 results after the market closes on Tuesday, October 20th. Analysts expect the company to announce earnings of $0.4776 per share and revenue of $211.19 million for the quarter. Agree Realty has set its FY 2026 guidance at 4.570-4.590 EPS. Interested persons can check the company's upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Wednesday, October 21, 2026 at 9:00 AM ET.

Agree Realty (NYSE:ADC - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.04). Agree Realty had a return on equity of 3.90% and a net margin of 28.84%. The firm had revenue of $216.33 million for the quarter, compared to the consensus estimate of $204.53 million. During the same quarter in the previous year, the business earned $1.06 EPS. The firm's quarterly revenue was up 16.8% on a year-over-year basis. On average, analysts expect Agree Realty to post $4.45 EPS for the current fiscal year and $4.67 EPS for the next fiscal year.

Agree Realty Stock Up 0.3%

ADC opened at $66.17 on Tuesday. The stock has a fifty day moving average of $70.99 and a 200-day moving average of $74.56. The company has a market capitalization of $8.23 billion, a P/E ratio of 35.58, a P/E/G ratio of 2.21 and a beta of 0.42. Agree Realty has a fifty-two week low of $64.43 and a fifty-two week high of $82.08. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.82 and a current ratio of 0.82.

Agree Realty Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, October 14th. Investors of record on Wednesday, September 30th will be paid a $0.2670 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $3.20 annualized dividend and a dividend yield of 4.8%. Agree Realty's dividend payout ratio is 172.04%.

Wall Street Analysts Forecast Growth

ADC has been the topic of a number of recent research reports. Wall Street Zen lowered shares of Agree Realty from a "hold" rating to a "sell" rating in a research report on Saturday, August 1st. Barclays boosted their price objective on shares of Agree Realty from $84.00 to $85.00 and gave the company an "equal weight" rating in a report on Wednesday, July 22nd. Truist Financial started coverage on shares of Agree Realty in a research report on Thursday, October 1st. They set a "buy" rating and a $75.00 target price on the stock. Weiss Ratings lowered shares of Agree Realty from a "buy (b)" rating to a "buy (b-)" rating in a research report on Thursday, September 17th. Finally, Robert W. Baird set a $83.00 target price on shares of Agree Realty in a report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Agree Realty currently has an average rating of "Moderate Buy" and a consensus price target of $82.81.

Insider Buying and Selling at Agree Realty

In related news, insider Craig Erlich bought 1,000 shares of the business's stock in a transaction dated Monday, September 21st. The stock was purchased at an average cost of $67.55 per share, for a total transaction of $67,550.00. Following the transaction, the insider owned 60,388 shares in the company, valued at $4,079,209.40. The trade was a 1.68% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Joey Agree bought 7,360 shares of Agree Realty stock in a transaction dated Wednesday, September 16th. The shares were bought at an average cost of $68.06 per share, for a total transaction of $500,921.60. Following the completion of the acquisition, the chief executive officer owned 682,465 shares in the company, valued at $46,448,567.90. This represents a 1.09% increase in their position. The SEC filing for this purchase provides additional information. Insiders purchased 48,496 shares of company stock valued at $3,418,670 in the last three months. Corporate insiders own 1.80% of the company's stock.

About Agree Realty

Agree Realty Corporation is a real estate investment trust (REIT) that owns, develops, acquires and manages retail properties leased primarily under long-term, single-tenant net lease agreements. Under these arrangements, tenants generally assume responsibility for property-level expenses such as taxes, insurance and maintenance.

The company focuses on necessity-based retail properties, including locations occupied by grocery stores, home improvement retailers, discount retailers, pharmacies and other service-oriented businesses.

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