Agree Realty (ADC) Stock Price, News & Analysis

Company Overview

Agree Realty Corporation (NYSE: ADC) is a real estate investment trust that owns, develops, acquires and manages retail properties. The company primarily invests in freestanding, net-leased properties occupied by nationally recognized and regionally established retailers.

Under a net lease, tenants generally pay expenses such as property taxes, insurance and maintenance in addition to rent. Agree Realty’s portfolio is focused largely on essential retail locations, including stores serving everyday consumer needs. The company also provides build-to-suit development and other real estate services to support its investment activities.

Founded in 1994, Agree Realty is headquartered in Bloomfield Hills, Michigan, and serves markets across the United States. The company is led by President and Chief Executive Officer Joey Agree, who is also a member of the Agree family that founded the business.

Key Stats

• Today's Range: $70.97 to $71.87
• 50-Day Range: $71.26 to $81.24
• 52-Week Range: $69.56 to $82.08
• Volume: 1.41 million shs
• Average Volume: 1.50 million shs
• Market Capitalization: $8.86 billion
• P/E Ratio: 38.31
• Dividend Yield: 4.49%
• Price Target: $83.94
• Consensus Rating: Moderate Buy

Agree Realty Stock Analysis - MarketRank™

Agree Realty scored higher than 94% of companies evaluated by MarketBeat, and ranked 12th out of 185 stocks in the real estate sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Agree Realty has received a consensus rating of Moderate Buy. The company's average rating score is 2.81, and is based on 1 strong buy rating, 11 buy ratings, 4 hold ratings, and no sell ratings.

Upside Potential

Agree Realty has a consensus price target of $83.94, representing about 17.8% upside from its current price of $71.26.

Amount of Analyst Coverage

Agree Realty has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 4.94%

Earnings Growth

Earnings for Agree Realty are expected to grow by 4.94% in the coming year, from $4.45 to $4.67 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Agree Realty is 38.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.90.

Price to Earnings Ratio vs. Sector

The P/E ratio of Agree Realty is 38.31, which means that it is trading at a more expensive P/E ratio than the Real Estate sector average P/E ratio of about 28.29.

Price to Earnings Growth Ratio

Agree Realty has a PEG Ratio of 2.33. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Agree Realty has a P/B Ratio of 1.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

5.08% of the float of Agree Realty has been sold short.

Short Interest Ratio / Days to Cover

Agree Realty has a short interest ratio ("days to cover") of 3.65, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Agree Realty has recently decreased by 56.09%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Agree Realty is a leading dividend payer. It pays a dividend yield of 4.50%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Agree Realty has only been increasing its dividend for 1 years.

Dividend Coverage

The dividend payout ratio of Agree Realty is 172.04%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Agree Realty will have a dividend payout ratio of 68.52% next year. This indicates that Agree Realty will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.8 / 5
• News Sentiment: 1.04

News Sentiment

Agree Realty has a news sentiment score of 1.04. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.84 average news sentiment score of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 18 news articles for Agree Realty this week, compared to 6 articles on an average week.

Search Interest

Only 4 people have searched for ADC on MarketBeat in the last 30 days. This is a decrease of -64% compared to the previous 30 days.

MarketBeat Follows

11 people have added Agree Realty to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 3.6 / 5
• Insider Trading: Acquiring Shares

Net Insider Buying

Over the last three months, insiders have purchased a net $1,474,599.00 in company stock, which represents 0.0166% of the company's market cap.

Insider Buying vs. Insider Selling

In the past three months, Agree Realty insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,474,599.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

1.80% of the stock of Agree Realty is held by insiders.

Percentage Held by Institutions

97.83% of the stock of Agree Realty is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 7/30/2026
• Record date for 9/15 Dividend: 8/31/2026
• Ex-Dividend for 9/15 Dividend: 8/31/2026
• Today: 9/13/2026
• Dividend Payable: 9/15/2026
• Record date for 10/14 Dividend: 9/30/2026
• Ex-Dividend for 10/14 Dividend: 9/30/2026
• Dividend Payable: 10/14/2026
• Next Earnings (Estimated): 10/20/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Real Estate
• Industry: Retail REITs
• Sub-Industry: Retail REITs
• Current Symbol: NYSE:ADC
• CIK: 917251
• Web: www.agreerealty.com
• Phone: (248) 737-4190
• Fax: 248-737-9110
• Employees: 90
• Year Founded: 1971

Price Target and Rating

• Average Price Target for Agree Realty: $83.94
• High Price Target: $91.00
• Low Price Target: $80.00
• Potential Upside/Downside: +17.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.81
• Research Coverage: 16 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.86
• Trailing P/E Ratio: 38.31
• Forward P/E Ratio: 16.01
• P/E Growth: 2.33
• Net Income: $204.35 million
• Net Margins: 28.84%
• Pretax Margin: 28.93%
• Return on Equity: 3.90%
• Return on Assets: 2.36%

Debt

• Debt-to-Equity Ratio: 0.60
• Current Ratio: 0.82
• Quick Ratio: 0.82

Sales & Book Value

• Annual Sales: $718.40 million
• Price / Sales: 12.34
• Cash Flow: $4.61 per share
• Price / Cash Flow: 15.47
• Book Value: $53.04 per share
• Price / Book: 1.34

Miscellaneous

• Outstanding Shares: 124,380,000
• Free Float: 122,140,000
• Market Cap: $8.86 billion
• Optionable: Optionable
• Beta: 0.46