NYSE:ADC Agree Realty (ADC) Stock Price, News & Analysis $68.73 +0.83 (+1.22%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$68.05▼$69.1350-Day Range$58.90▼$68.7352-Week Range$52.69▼$69.26Volume828,167 shsAverage Volume933,229 shsMarket Capitalization$6.92 billionP/E Ratio40.43Dividend Yield4.36%Price Target$66.95 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Agree Realty alerts: Email Address Agree Realty MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.64 Rating ScoreUpside/Downside2.6% Downside$66.95 Price TargetShort InterestBearish7.80% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.78Based on 24 Articles This WeekInsider TradingAcquiring Shares$58,990 Bought Last QuarterProj. Earnings Growth3.16%From $4.12 to $4.25 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.72 out of 5 starsFinance Sector527th out of 898 stocksReal Estate Investment Trusts Industry102nd out of 181 stocks 2.3 Analyst's Opinion Consensus RatingAgree Realty has received a consensus rating of Moderate Buy. The company's average rating score is 2.64, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageAgree Realty has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Agree Realty's stock forecast and price target. Previous Next 0.0 Short Interest Percentage of Shares Shorted7.80% of the outstanding shares of Agree Realty have been sold short.Short Interest Ratio / Days to CoverAgree Realty has a short interest ratio ("days to cover") of 10, which indicates bearish sentiment.Change versus previous monthShort interest in Agree Realty has recently increased by 10.41%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipAgree Realty is a leading dividend payer. It pays a dividend yield of 4.42%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAgree Realty does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Agree Realty is 176.47%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Agree Realty will have a dividend payout ratio of 70.59% next year. This indicates that Agree Realty will be able to sustain or increase its dividend.Read more about Agree Realty's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ADC. Previous Next 3.2 News and Social Media Coverage News SentimentAgree Realty has a news sentiment score of 0.78. 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 0.50 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 24 news articles for Agree Realty this week, compared to 6 articles on an average week.Search InterestOnly 19 people have searched for ADC on MarketBeat in the last 30 days. This is a decrease of -14% compared to the previous 30 days.MarketBeat Follows6 people have added Agree Realty to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Agree Realty insiders have bought more of their company's stock than they have sold. Specifically, they have bought $58,990.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.80% of the stock of Agree Realty is held by insiders.Percentage Held by Institutions97.83% of the stock of Agree Realty is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Agree Realty's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Agree Realty are expected to grow by 3.16% in the coming year, from $4.12 to $4.25 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Agree Realty is 40.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.79.Price to Earnings Ratio vs. SectorThe P/E ratio of Agree Realty is 40.43, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.56.Price to Earnings Growth RatioAgree Realty has a PEG Ratio of 2.70. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAgree Realty has a P/B Ratio of 1.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Agree Realty's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyI’m giving you the name of this investment for freeThis key unlocks a new pathway to wealth that has been kept hidden from you for decades. In my new documentary I will provide you with all the details of this one-of-a-kind investment.Let me explain in this new documentary video About Agree Realty Stock (NYSE:ADC)Agree Realty Corporation is a publicly traded real estate investment trust that is RETHINKING RETAIL through the acquisition and development of properties net leased to industry-leading, omni-channel retail tenants. As of December 31, 2023, the Company owned and operated a portfolio of 2,135 properties, located in 49 states and containing approximately 44.2 million square feet of gross leasable area. The Company's common stock is listed on the New York Stock Exchange under the symbol "ADC".Read More ADC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ADC Stock News HeadlinesJuly 26 at 4:58 AM | americanbankingnews.comStifel Nicolaus Increases Agree Realty (NYSE:ADC) Price Target to $71.50July 25 at 8:33 AM | markets.businessinsider.comBuy Rating Affirmed for Agree Realty Amidst Strong Q2 Earnings and Strategic AcquisitionsJuly 27, 2024 | Monument Traders Alliance (Ad)NEW AI developed by trader who won 1,129% (in 2 days)Earlier this year one legendary trader captured a 1,129% win (in just 2 days) ... LIVE in front of thousands of Americans...July 25 at 8:33 AM | msn.comAgree Realty (ADC) Q2 2024 Earnings Call TranscriptJuly 25 at 3:05 AM | gurufocus.comQ2 2024 Agree Realty Corp Earnings Call TranscriptJuly 24 at 9:41 PM | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Real Estate Stocks: Agree Realty (ADC), CoStar Group (CSGP) and PennyMac Mortgage (PMT)July 24 at 11:15 AM | americanbankingnews.comAgree Realty (NYSE:ADC) Posts Quarterly Earnings Results, Misses Expectations By $0.51 EPSJuly 24 at 1:15 AM | markets.businessinsider.comBuy Rating Justified by Agree Realty’s Strong Acquisition Strategy and Solid Financial PerformanceJuly 27, 2024 | Monument Traders Alliance (Ad)NEW AI developed by trader who won 1,129% (in 2 days)Earlier this year one legendary trader captured a 1,129% win (in just 2 days) ... LIVE in front of thousands of Americans...July 23, 2024 | msn.comAgree Realty adjusts year guidance higher on growing acquisition pipelineJuly 23, 2024 | prnewswire.comAgree Realty Corporation Reports Second Quarter 2024 ResultsJuly 21, 2024 | americanbankingnews.comAgree Realty (ADC) Scheduled to Post Quarterly Earnings on TuesdayJuly 20, 2024 | seekingalpha.com2 REITs With Significant Insider Buying That Could See Further UpsideJuly 20, 2024 | americanbankingnews.comAgree Realty (NYSE:ADC) PT Raised to $67.00July 18, 2024 | americanbankingnews.comAgree Realty Co. (NYSE:ADC) Receives Average Rating of "Moderate Buy" from AnalystsJuly 17, 2024 | fool.com2 Incredibly Cheap High-Yield Dividend Growth Stocks to Buy NowJuly 16, 2024 | investorplace.comIf You Can Only Buy One REIT Stock in July, It Better Be One Of These 3 NamesJuly 15, 2024 | fool.comHigh-Yield Agree Realty: Buy, Sell, or Hold?See More Headlines Receive ADC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Agree Realty and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 7/15 Dividend6/28/2024Dividend Payable7/15/2024Last Earnings7/23/2024Today7/26/2024Ex-Dividend for 8/14 Dividend7/31/2024Dividend Payable8/14/2024Next Earnings (Estimated)10/22/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryRetail REITs Current SymbolNYSE:ADC CUSIP00849210 CIK917251 Webwww.agreerealty.com Phone(248) 737-4190Fax248-737-9110Employees72Year Founded1971Price Target and Rating Average Stock Price Target$66.95 High Stock Price Target$71.50 Low Stock Price Target$62.00 Potential Upside/Downside-2.6%Consensus RatingModerate Buy Rating Score (0-4)2.64 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$1.70 Trailing P/E Ratio40.43 Forward P/E Ratio16.68 P/E Growth2.7Net Income$169.96 million Net Margins32.08% Pretax Margin32.19% Return on Equity3.72% Return on Assets2.39% Debt Debt-to-Equity Ratio0.54 Current Ratio0.79 Quick Ratio0.71 Sales & Book Value Annual Sales$537.49 million Price / Sales12.87 Cash Flow$3.87 per share Price / Cash Flow17.76 Book Value$49.57 per share Price / Book1.39Miscellaneous Outstanding Shares100,620,000Free Float98,815,000Market Cap$6.92 billion OptionableOptionable Beta0.58 Social Links 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Richard A. Agree (Age 80)Executive Chairman of the Board Mr. Joel N. Agree (Age 45)President, CEO & Director Comp: $4.01MMr. Peter Coughenour (Age 31)CFO, Secretary & Investor Relations Professional Comp: $973.68kMs. Nicole Witteveen (Age 34)Chief Operating Officer Comp: $518.49kMs. Danielle M. Spehar (Age 56)General Counsel Comp: $711.53kMr. Craig Erlich (Age 56)Chief Growth Officer Comp: $1.05MMr. Stephen BreslinChief Accounting OfficerMr. Brian Michael HawthorneDirector of Corporate FinanceMr. Larry KaufmanChief Information Officer & VP of Continuous ImprovementMr. Josh BrattonDirector of DevelopmentMore ExecutivesKey CompetitorsRyman Hospitality PropertiesNYSE:RHPSpirit Realty CapitalNYSE:SRCPS Business ParksNYSE:PSBRayonierNYSE:RYNPhillips Edison & Company, Inc.NASDAQ:PECOView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 43,768 shares on 7/26/2024Ownership: 1.276%Allspring Global Investments Holdings LLCSold 12,043 shares on 7/26/2024Ownership: 0.814%State of Michigan Retirement SystemSold 400 shares on 7/26/2024Ownership: 0.024%Cambridge Investment Research Advisors Inc.Bought 4,506 shares on 7/26/2024Ownership: 0.016%Atlantic Union Bankshares CorpSold 200 shares on 7/25/2024Ownership: 0.006%View All Insider TransactionsView All Institutional Transactions ADC Stock Analysis - Frequently Asked Questions How have ADC shares performed this year? Agree Realty's stock was trading at $62.95 at the beginning of the year. Since then, ADC stock has increased by 9.2% and is now trading at $68.73. View the best growth stocks for 2024 here. How were Agree Realty's earnings last quarter? Agree Realty Co. (NYSE:ADC) issued its quarterly earnings data on Tuesday, July, 23rd. The real estate investment trust reported $0.52 EPS for the quarter, missing the consensus estimate of $1.03 by $0.51. The company's revenue for the quarter was up 17.5% compared to the same quarter last year. What is Richard Agree's approval rating as Agree Realty's CEO? 1 employees have rated Agree Realty Chief Executive Officer Richard Agree on Glassdoor.com. Richard Agree has an approval rating of 100% among the company's employees. This puts Richard Agree in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. Who are Agree Realty's major shareholders? Agree Realty's top institutional shareholders include Bank of New York Mellon Corp (1.28%), PGGM Investments (1.13%), Allspring Global Investments Holdings LLC (0.81%) and Sumitomo Mitsui Trust Holdings Inc. (0.77%). Insiders that own company stock include Joey Agree, John Rakolta Jr, Richard Agree, Craig Erlich, Greg Lehmkuhl, Stephen Breslin, Peter Coughenour and Merrie S Frankel. View institutional ownership trends. How do I buy shares of Agree Realty? Shares of ADC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Agree Realty own? Based on aggregate information from My MarketBeat watchlists, some other companies that Agree Realty investors own include Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Accenture (ACN), Charles Schwab (SCHW) and AutoZone (AZO). This page (NYSE:ADC) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredRare signal predicts 50% market drop - before electionThe market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED w...Behind the Markets | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. 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