Agree Realty (ADC) Stock Price, News & Analysis

+0.64 (+1.12%)
(As of 10:58 AM ET)
Today's Range
50-Day Range
52-Week Range
148,479 shs
Average Volume
1.05 million shs
Market Capitalization
$5.79 billion
P/E Ratio
Dividend Yield
Price Target

Agree Realty MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
15.3% Upside
$65.61 Price Target
Short Interest
4.29% of Shares Sold Short
Dividend Strength
Based on Four Factors
News Sentiment
0.78mentions of Agree Realty in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$2.40 M Bought Last Quarter
Proj. Earnings Growth
From $4.08 to $4.20 Per Share

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.

3.67 out of 5 stars

Finance Sector

302nd out of 838 stocks

Real Estate Investment Trusts Industry

62nd out of 171 stocks

ADC stock logo

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".

ADC Stock Price History

ADC Stock News Headlines

5 Best Monthly Dividend Stocks To Buy Right Now
Agree Realty (ADC) to Release Quarterly Earnings on Tuesday
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An Important Warning For High Yield Investors
Agree Realty hikes dividend after solid growth
Agree Realty Raises Monthly Dividend 1.2%
Don’t Miss Out on the AI Gold Rush That’s Just Getting Started
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
The 7 Best REITs to Buy in April 2024
Agree Realty: Why I Bought The 5.3% Yielding Commons
12 Best High Dividend Stocks Under $100
ADC Apr 2024 30.000 call
How Is The Market Feeling About Agree Realty?
3 Deeply Discounted REITs to Buy
Expert Outlook: Agree Realty Through The Eyes Of 12 Analysts
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Buy These REITs for Reliable Monthly Income
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See More Headlines
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Company Calendar

Last Earnings
Ex-Dividend for 4/12 Dividend
Dividend Payable
Next Earnings (Confirmed)
Ex-Dividend for 5/14 Dividend
Dividend Payable
Fiscal Year End

Industry, Sector and Symbol

Real estate investment trusts
Retail REITs
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Moderate Buy
Rating Score (0-4)
Research Coverage
9 Analysts


Net Income
$169.96 million
Pretax Margin


Sales & Book Value

Annual Sales
$537.49 million
Cash Flow
$3.85 per share
Book Value
$49.99 per share


Free Float
Market Cap
$5.73 billion

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ADC Stock Analysis - Frequently Asked Questions

Should I buy or sell Agree Realty stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Agree Realty in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ADC shares.
View ADC analyst ratings
or view top-rated stocks.

What is Agree Realty's stock price target for 2024?

9 Wall Street analysts have issued 12 month price objectives for Agree Realty's shares. Their ADC share price targets range from $60.00 to $71.00. On average, they predict the company's share price to reach $65.61 in the next year. This suggests a possible upside of 15.3% from the stock's current price.
View analysts price targets for ADC
or view top-rated stocks among Wall Street analysts.

How have ADC shares performed in 2024?

Agree Realty's stock was trading at $62.95 on January 1st, 2024. Since then, ADC stock has decreased by 9.6% and is now trading at $56.91.
View the best growth stocks for 2024 here

Are investors shorting Agree Realty?

Agree Realty saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 3,960,000 shares, an increase of 16.5% from the February 29th total of 3,400,000 shares. Based on an average daily trading volume, of 1,060,000 shares, the short-interest ratio is currently 3.7 days.
View Agree Realty's Short Interest

When is Agree Realty's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our ADC earnings forecast

How can I listen to Agree Realty's earnings call?

Agree Realty will be holding an earnings conference call on Wednesday, April 24th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Agree Realty's earnings last quarter?

Agree Realty Co. (NYSE:ADC) issued its quarterly earnings results on Friday, May, 5th. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.96 by $0.52. The real estate investment trust earned $126.62 million during the quarter, compared to analysts' expectations of $124.55 million. Agree Realty had a trailing twelve-month return on equity of 3.48% and a net margin of 31.62%. During the same quarter last year, the company posted $0.97 earnings per share.

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

Agree Realty announced a monthly dividend on Monday, April 8th. Investors of record on Tuesday, April 30th will be given a dividend of $0.25 per share on Tuesday, May 14th. This represents a $3.00 annualized dividend and a dividend yield of 5.27%. The ex-dividend date is Monday, April 29th. This is a positive change from the stock's previous monthly dividend of $0.25.
Read our dividend analysis for ADC

Is Agree Realty a good dividend stock?

Agree Realty (NYSE:ADC) pays an annual dividend of $2.96 per share and currently has a dividend yield of 5.24%. ADC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 173.10%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ADC will have a dividend payout ratio of 70.48% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ADC.

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.

What other stocks do shareholders of Agree Realty own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Agree Realty investors own include Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Accenture (ACN), Charles Schwab (SCHW), AutoZone (AZO), Hudson Technologies (HDSN), Och-Ziff Capital Management Group (OZM) and Vicor (VICR).

Who are Agree Realty's major shareholders?

Agree Realty's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.88%), Allspring Global Investments Holdings LLC (0.83%), Raymond James & Associates (0.32%), Hazelview Securities Inc. (0.28%), Tributary Capital Management LLC (0.26%) and Community Bank of Raymore (0.07%). Insiders that own company stock include Craig Erlich, Greg Lehmkuhl, Joey Agree, John Rakolta Jr, Merrie S Frankel, Merrie S Frankel, Peter Coughenour, Richard Agree and Stephen Breslin.
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.

This page (NYSE:ADC) was last updated on 4/23/2024 by MarketBeat.com Staff

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