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Agree Realty Stock Forecast, Price & News

-0.98 (-1.55 %)
(As of 10/30/2020 12:00 AM ET)
Today's Range
Now: $62.07
50-Day Range
MA: $65.15
52-Week Range
Now: $62.07
Volume445,926 shs
Average Volume360,373 shs
Market Capitalization$3.44 billion
P/E Ratio33.73
Dividend Yield3.83%
Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants. As of June 30, 2020, the Company owned and operated a portfolio of 936 properties, located in 46 states and containing approximately 18.4 million square feet of gross leasable area. The common stock of Agree Realty Corporation is listed on the New York Stock Exchange under the symbol "ADC".
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Beat the Market (BTM) Rank

Analyst Opinion: 2.6Community Rank: 3.0Dividend Strength: 2.5Insider Behavior: 3.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.34 out of 5 stars

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryRetail REITs



Sales & Book Value

Annual Sales$187.48 million
Cash Flow$3.60 per share
Book Value$40.91 per share


Net Income$80.08 million


Market Cap$3.44 billion
Next Earnings Date2/18/2021 (Estimated)
-0.98 (-1.55 %)
(As of 10/30/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Agree Realty (NYSE:ADC) Frequently Asked Questions

How has Agree Realty's stock price been impacted by COVID-19?

Agree Realty's stock was trading at $72.55 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ADC stock has decreased by 14.4% and is now trading at $62.07.
View which stocks have been most impacted by COVID-19

Do Wall Street analysts recommend investors buy shares of Agree Realty?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Agree Realty in the last year. There are currently 9 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Agree Realty

When is Agree Realty's next earnings date?

Agree Realty is scheduled to release its next quarterly earnings announcement on Thursday, February 18th 2021.
View our earnings forecast for Agree Realty

How were Agree Realty's earnings last quarter?

Agree Realty Co. (NYSE:ADC) issued its quarterly earnings results on Monday, October, 19th. The real estate investment trust reported $0.39 EPS for the quarter, missing analysts' consensus estimates of $0.79 by $0.40. Agree Realty had a net margin of 39.39% and a return on equity of 4.76%.
View Agree Realty's earnings history

How often does Agree Realty pay dividends? What is the dividend yield for Agree Realty?

Agree Realty declared a quarterly dividend on Wednesday, September 9th. Shareholders of record on Friday, September 25th will be given a dividend of $0.60 per share on Friday, October 9th. This represents a $2.40 annualized dividend and a yield of 3.87%. The ex-dividend date of this dividend is Thursday, September 24th.
View Agree Realty's dividend history

What price target have analysts set for ADC?

10 brokerages have issued 1-year price objectives for Agree Realty's stock. Their forecasts range from $69.00 to $82.00. On average, they anticipate Agree Realty's share price to reach $74.90 in the next twelve months. This suggests a possible upside of 20.7% from the stock's current price.
View analysts' price targets for Agree Realty

Are investors shorting Agree Realty?

Agree Realty saw a drop in short interest during the month of September. As of September 30th, there was short interest totaling 6,400,000 shares, a drop of 18.7% from the September 15th total of 7,870,000 shares. Based on an average trading volume of 462,600 shares, the days-to-cover ratio is presently 13.8 days.
View Agree Realty's Short Interest

Who are some of Agree Realty's key competitors?

What other stocks do shareholders of Agree Realty own?

Who are Agree Realty's key executives?

Agree Realty's management team includes the following people:
  • Mr. Richard A. Agree, Exec. Chairman (Age 76, Pay $184.55k)
  • Mr. Joel N. Agree, Pres, CEO & Director (Age 41, Pay $1.91M)
  • Mr. Clayton R. Thelen CPA, CFO & Sec. (Age 36, Pay $519.61k)
  • Mr. Laith M. Hermiz, COO & Exec. VP (Age 49, Pay $509.94k)
  • Mr. Craig Erlich, Chief Investment Officer (Age 53, Pay $51.96k)

What is Agree Realty's stock symbol?

Agree Realty trades on the New York Stock Exchange (NYSE) under the ticker symbol "ADC."

Who are Agree Realty's major shareholders?

Agree Realty's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include State of New Jersey Common Pension Fund D (0.73%), Scout Investments Inc. (0.64%), Tributary Capital Management LLC (0.42%), Copper Rock Capital Partners LLC (0.24%), Manning & Napier Group LLC (0.22%) and Envestnet Asset Management Inc. (0.14%). Company insiders that own Agree Realty stock include Craig Erlich, Farris G Kalil, Greg Lehmkuhl, Jerome R Rossi, Joey Agree, John Rakolta Jr, Laith Hermiz, Merrie S Frankel and Simon Leopold.
View institutional ownership trends for Agree Realty

Which institutional investors are selling Agree Realty stock?

ADC stock was sold by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, Tributary Capital Management LLC, Robeco Institutional Asset Management B.V., DekaBank Deutsche Girozentrale, Comerica Bank, State of Alaska Department of Revenue, and Atlantic Union Bankshares Corp.
View insider buying and selling activity for Agree Realty

Which institutional investors are buying Agree Realty stock?

ADC stock was bought by a variety of institutional investors in the last quarter, including Scout Investments Inc., Manning & Napier Group LLC, Ibex Wealth Advisors, Louisiana State Employees Retirement System, State of New Jersey Common Pension Fund D, BNP Paribas Arbitrage SA, Dupont Capital Management Corp, and Nisa Investment Advisors LLC. Company insiders that have bought Agree Realty stock in the last two years include Craig Erlich, Greg Lehmkuhl, Jerome R Rossi, Joey Agree, John Rakolta Jr, Merrie S Frankel, and Simon Leopold.
View insider buying and selling activity for Agree Realty

How do I buy shares of Agree Realty?

Shares of ADC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Agree Realty's stock price today?

One share of ADC stock can currently be purchased for approximately $62.07.

How big of a company is Agree Realty?

Agree Realty has a market capitalization of $3.44 billion and generates $187.48 million in revenue each year. The real estate investment trust earns $80.08 million in net income (profit) each year or $3.08 on an earnings per share basis. Agree Realty employs 41 workers across the globe.

What is Agree Realty's official website?

The official website for Agree Realty is www.agreerealty.com.

How can I contact Agree Realty?

Agree Realty's mailing address is 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI, 48304. The real estate investment trust can be reached via phone at 248-737-4190 or via email at [email protected]

This page was last updated on 10/31/2020 by MarketBeat.com Staff

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