Agree Realty Stock Forecast, Price & News

$70.23
-0.07 (-0.10 %)
(As of 06/23/2021 01:57 PM ET)
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Today's Range
$70.14
$70.53
50-Day Range
$67.48
$73.72
52-Week Range
$61.27
$73.90
Volume14,035 shs
Average Volume733,547 shs
Market Capitalization$4.52 billion
P/E Ratio39.90
Dividend Yield3.70%
Beta0.31
30 days | 90 days | 365 days | Advanced Chart
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Agree Realty logo

About Agree Realty

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 September 30, 2020, the Company owned and operated a portfolio of 1,027 properties, located in 45 states and containing approximately 21.0 million square feet of gross leasable area. The Company's common stock is listed on the New York Stock Exchange under the symbol "ADC".

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MarketRank

Overall MarketRank

1.48 out of 5 stars

Finance Sector

706th out of 1,980 stocks

Real Estate Investment Trusts Industry

174th out of 275 stocks

Analyst Opinion: 1.5Community Rank: 3.0Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -
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Agree Realty (NYSE:ADC) Frequently Asked Questions

Is Agree Realty a buy right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Agree Realty in the last year. There are currently 1 hold rating, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Agree Realty stock.
View analyst ratings for Agree Realty
or view top-rated stocks.

What stocks does MarketBeat like better than Agree Realty?

Wall Street analysts have given Agree Realty a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Agree Realty wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Agree Realty's next earnings date?

Agree Realty is scheduled to release its next quarterly earnings announcement on Monday, July 19th 2021.
View our earnings forecast for Agree Realty
.

How were Agree Realty's earnings last quarter?

Agree Realty Co. (NYSE:ADC) released its earnings results on Sunday, May, 2nd. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.83 by $0.35. Agree Realty had a net margin of 37.05% and a trailing twelve-month return on equity of 4.10%.
View Agree Realty's earnings history
.

How has Agree Realty's stock been impacted by Coronavirus?

Agree Realty's stock was trading at $72.55 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ADC stock has decreased by 3.2% and is now trading at $70.23.
View which stocks have been most impacted by COVID-19
.

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

Agree Realty declared a monthly dividend on Thursday, June 17th. Investors of record on Wednesday, June 30th will be paid a dividend of $0.217 per share on Wednesday, July 14th. This represents a $2.60 annualized dividend and a yield of 3.71%. The ex-dividend date of this dividend is Tuesday, June 29th.
View Agree Realty's dividend history
.

Is Agree Realty a good dividend stock?

Agree Realty pays an annual dividend of $2.60 per share and currently has a dividend yield of 3.70%. Agree Realty does not yet have a strong track record of dividend growth. The dividend payout ratio of Agree Realty is 80.50%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Agree Realty will have a dividend payout ratio of 69.52% next year. This indicates that Agree Realty will be able to sustain or increase its dividend.
View Agree Realty's dividend history.

What price target have analysts set for ADC?

5 brokers have issued twelve-month price targets for Agree Realty's shares. Their forecasts range from $73.00 to $82.00. On average, they expect Agree Realty's share price to reach $75.85 in the next twelve months. This suggests a possible upside of 8.0% from the stock's current price.
View analysts' price targets for Agree Realty
or view top-rated stocks among Wall Street analysts.

Who are Agree Realty's key executives?

Agree Realty's management team includes the following people:
  • Mr. Joel N. Agree, Pres, CEO & Director (Age 42, Pay $3.79M)
  • Mr. Simon J. Leopold, Exec. VP, CFO & Sec. (Age 53, Pay $60k)
  • Mr. Craig Erlich, Chief Operating Officer (Age 53, Pay $591.47k)
  • Ms. Danielle M. Spehar, Gen. Counsel (Age 53, Pay $483.91k)
  • Mr. Laith M. Hermiz, Exec. VP of Real Estate (Age 50, Pay $569.34k)
  • Mr. Richard A. Agree, Exec. Chairman (Age 77)
  • Mr. David A. Wolff, Chief Accounting Officer (Age 52)
  • Mr. Peter Coughenour, VP of Corp. Fin. & Investor Relations Professional
  • Mr. Dan Theeck, Director of Financial Reporting & Compliance
  • Mr. Josh Bratton, Director of Devel.

What is Richard Agree's approval rating as Agree Realty's CEO?

1 employees have rated Agree Realty CEO Richard Agree on Glassdoor.com. Richard Agree has an approval rating of 100% among Agree Realty's employees. This puts Richard Agree in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Agree Realty's key competitors?

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), (APA), Aegean Marine Petroleum Network (ANW), Accenture (ACN), The Charles Schwab (SCHW), AutoZone (AZO), Hudson Technologies (HDSN), Och-Ziff Capital Management Group (OZM) and Vicor (VICR).

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 retail and institutional investors. Top institutional investors include BlackRock Inc. (19.07%), Principal Financial Group Inc. (8.96%), Centersquare Investment Management LLC (3.52%), Cohen & Steers Inc. (2.72%), Zimmer Partners LP (2.34%) and Geode Capital Management LLC (1.98%). Company insiders that own Agree Realty stock include Craig Erlich, Farris G Kalil, Greg Lehmkuhl, Jerome R Rossi, Joey Agree, John Rakolta Jr, Merrie S Frankel, Simon Leopold and William S Rubenfaer.
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 Cohen & Steers Inc., Heitman Real Estate Securities LLC, Russell Investments Group Ltd., Ameriprise Financial Inc., Carlson Capital L P, Northern Trust Corp, Weiss Multi Strategy Advisers LLC, and Nuveen Asset Management LLC.
View insider buying and selling activity for Agree Realty
or view top insider-selling stocks.

Which institutional investors are buying Agree Realty stock?

ADC stock was purchased by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., BlackRock Inc., Aew Capital Management L P, Centersquare Investment Management LLC, Brookfield Asset Management Inc., Clarus Group Inc., Clarus Group Inc., and Deprince Race & Zollo Inc.. 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, Simon Leopold, and William S Rubenfaer.
View insider buying and selling activity for Agree Realty
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Agree Realty's stock price today?

One share of ADC stock can currently be purchased for approximately $70.23.

How much money does Agree Realty make?

Agree Realty has a market capitalization of $4.52 billion and generates $248.57 million in revenue each year. The real estate investment trust earns $91.38 million in net income (profit) each year or $3.23 on an earnings per share basis.

How many employees does Agree Realty have?

Agree Realty employs 49 workers across the globe.

When was Agree Realty founded?

Agree Realty was founded in 1971.

What is Agree Realty's official website?

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

Where are Agree Realty's headquarters?

Agree Realty is headquartered at 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI, 48304.

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 6/23/2021 by MarketBeat.com Staff
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