Top-Rated Stocks Top-Rated Dividend Stocks NYSE:ADC Agree Realty - ADC Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Agree Realty Co. Please log in to your account or sign up in order to add this asset to your watchlist. $74.71 +0.33 (+0.44%) (As of 02/2/2023 12:00 AM ET) Add Compare Share Share Today's Range$74.06▼$75.7150-Day Range$68.43▼$75.1352-Week Range$61.62▼$80.44Volume1.63 million shsAverage Volume773,112 shsMarket Capitalization$6.62 billionP/E Ratio40.83Dividend Yield3.86%Price Target$78.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Agree Realty MarketRank™ ForecastAnalyst RatingBuy3.11 Rating ScoreUpside/Downside5.1% Upside$78.50 Price TargetShort InterestHealthy8.07% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.29Based on 10 Articles This WeekInsider TradingAcquiring Shares$864,772 Bought Last QuarterProj. Earnings Growth2.60%From $3.85 to $3.95 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.12 out of 5 starsFinance Sector524th out of 879 stocksReal Estate Investment Trusts Industry111th out of 190 stocks 1.6 Analyst's Opinion Consensus RatingAgree Realty has received a consensus rating of Buy. The company's average rating score is 3.11, and is based on 8 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $78.50, Agree Realty has a forecasted upside of 5.1% from its current price of $74.71.Amount of Analyst CoverageAgree Realty has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted8.07% 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 9.1.Change versus previous monthShort interest in Agree Realty has recently decreased by 5.67%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipAgree Realty is a leading dividend payer. It pays a dividend yield of 3.86%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAgree Realty has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Agree Realty is 157.38%. 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 72.91% next year. This indicates that Agree Realty will be able to sustain or increase its 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 3.5 News and Social Media Coverage News SentimentAgree Realty has a news sentiment score of 1.29. 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 0.53 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Agree Realty this week, compared to 3 articles on an average week.Search InterestOnly 10 people have searched for ADC on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat Follows20 people have added Agree Realty to their MarketBeat watchlist in the last 30 days. This is an increase of 186% compared to the previous 30 days. Previous Next 1.7 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 $864,772.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 2.20% of the stock of Agree Realty is held by insiders. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Agree Realty are expected to grow by 2.60% in the coming year, from $3.85 to $3.95 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Agree Realty is 40.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.13.Price to Earnings Ratio vs. SectorThe P/E ratio of Agree Realty is 40.83, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 186.75.Price to Earnings Growth RatioAgree Realty has a PEG Ratio of 3.11. 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 1.61. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Agree Realty (NYSE:ADC) StockAgree Realty Corp. is a real estate investment trust, which focuses on the ownership, development, acquisition, and management of retail properties net leased to national tenants. It specializes in acquiring and developing net leased retail properties for retail tenants. The company was founded by Richard Agree in 1971 and is headquartered in Bloomfield Hills, MI.Read More 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 ADC Stock News HeadlinesFebruary 2, 2023 | americanbankingnews.comAgree Realty (NYSE:ADC) Shares Gap Down to $74.15February 1, 2023 | benzinga.comAgree Realty All Set To Join S&P MidCap 400 Next WeekFebruary 2, 2023 | Tradewins (Ad)Know Your Profit Potential BEFORE You Trade!I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! January 31, 2023 | benzinga.comAgree Realty Stock (NYSE:ADC), DividendsJanuary 30, 2023 | finance.yahoo.comAgree Realty Set to Join S&P MidCap 400; Comstock Resources to Join S&P SmallCap 600January 27, 2023 | finance.yahoo.comIf You Invested $1,000 in Agree Realty in 2008, Here's How Much You Would Have NowJanuary 13, 2023 | fool.com2 Top Real Estate Stocks to Buy in JanuaryJanuary 12, 2023 | msn.comAgree Realty declares $0.24 dividendFebruary 2, 2023 | Tradewins (Ad)Know Your Profit Potential BEFORE You Trade!I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! January 12, 2023 | msn.comADC.PRA Agree Realty Corp. - 4.25% PRF PERPETUAL USD 25 - Ser A 1/1000th declares $0.0885 dividendJanuary 11, 2023 | finance.yahoo.comAgree Realty Announces Fourth Quarter 2022 Earnings Release Date and Conference Call InformationJanuary 11, 2023 | finance.yahoo.com1 Green Flag Positioning This Exceptional Passive Income Stock for Another Big YearJanuary 9, 2023 | markets.businessinsider.comWhat 5 Analyst Ratings Have To Say About Agree RealtyJanuary 5, 2023 | finanznachrichten.deAgree Realty Corporation: Agree Realty Announces Record 2022 Investment Activity & Provides Update on Capital Markets ActivitiesJanuary 5, 2023 | finance.yahoo.comIs Agree Realty a Buy?January 4, 2023 | msn.comAgree Realty posts record real estate investment activity in 2022January 4, 2023 | finance.yahoo.comAgree Realty Announces Record 2022 Investment Activity & Provides Update on Capital Markets ActivitiesDecember 25, 2022 | finance.yahoo.comThe Independent Director of Agree Realty Corporation (NYSE:ADC), John Rakolta, Just Bought 4.3% More SharesDecember 14, 2022 | finance.yahoo.comDo Fundamentals Have Any Role To Play In Driving Agree Realty Corporation's (NYSE:ADC) Stock Up Recently?December 13, 2022 | finance.yahoo.comMy Top Real Estate Stock to Buy and Hold ForeverDecember 5, 2022 | msn.com4 Analysts Have This to Say About Agree RealtyNovember 27, 2022 | finance.yahoo.com1 Big Reason Agree Realty Is Outperforming the S&P 500November 26, 2022 | seekingalpha.comAgree Realty: The 6.1% Yielding Preferred Shares Offer A Great Risk/RewardNovember 25, 2022 | finance.yahoo.comHere's Why Agree Realty Can Keep Raising Its DividendNovember 23, 2022 | finance.yahoo.comBetter Buy: Agree Realty or National Retail Properties?November 23, 2022 | finance.yahoo.comHow Agree Realty Is Set to Withstand a RecessionNovember 20, 2022 | finance.yahoo.com3 Dividend Stocks You'll Be Thankful to Own in 2023 and BeyondSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 ADC Company Calendar Last Earnings8/02/2022Ex-Dividend for 1/13 Dividend12/29/2022Dividend Payable1/13/2023Ex-Dividend for 2/14 Dividend1/30/2023Today2/02/2023Dividend Payable2/14/2023Next Earnings (Confirmed)2/14/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryRetail REITs SectorFinance Current SymbolNYSE:ADC CUSIP00849210 CIK917251 Webwww.agreerealty.com Phone(248) 737-4190Fax248-737-9110Employees57Year Founded1971Price Target and Rating Average Stock Price Forecast$78.50 High Stock Price Forecast$83.00 Low Stock Price Forecast$73.00 Forecasted Upside/Downside+5.1%Consensus RatingBuy Rating Score (0-4)3.11 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$1.83 Trailing P/E Ratio40.83 Forward P/E Ratio19.41 P/E Growth3.11Net Income$122.27 million Net Margins35.75% Pretax Margin35.90% Return on Equity4.31% Return on Assets2.74% Debt Debt-to-Equity Ratio0.43 Current Ratio2.98 Quick Ratio2.98 Sales & Book Value Annual Sales$339.32 million Price / Sales19.50 Cash Flow$3.51 per share Price / Cash Flow21.29 Book Value$46.49 per share Price / Book1.61Miscellaneous Outstanding Shares88,570,000Free Float86,624,000Market Cap$6.62 billion OptionableOptionable Beta0.46 Social Links Key ExecutivesJoel N. AgreePresident, Chief Executive Officer & DirectorCraig ErlichChief Operating OfficerPeter CoughenourChief Financial Officer & SecretaryJosh BrattonDevelopment DirectorMarc BrandtVice President-Asset ManagementKey CompetitorsKite Realty Group TrustNYSE:KRGNational Retail PropertiesNYSE:NNNFederal Realty Investment TrustNYSE:FRTMacerichNYSE:MACTanger Factory Outlet CentersNYSE:SKTView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 28,726 shares on 2/2/2023Ownership: 0.174%Nisa Investment Advisors LLCBought 39,075 shares on 2/2/2023Ownership: 0.090%Monarch Partners Asset Management LLCSold 25,997 shares on 2/2/2023Ownership: 0.011%Simplex Trading LLCSold 400 shares on 2/2/2023Ownership: 0.000%Ninepoint Partners LPSold 205 shares on 2/1/2023Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions ADC Stock - 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 twelve months. There are currently 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ADC shares. View ADC analyst ratings or view top-rated stocks. What is Agree Realty's stock price forecast for 2023? 9 brokerages have issued 12 month price objectives for Agree Realty's stock. Their ADC share price forecasts range from $73.00 to $83.00. On average, they expect the company's share price to reach $78.50 in the next year. This suggests a possible upside of 5.7% 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 2023? Agree Realty's stock was trading at $70.93 at the beginning of the year. Since then, ADC stock has increased by 4.7% and is now trading at $74.26. View the best growth stocks for 2023 here. Are investors shorting Agree Realty? Agree Realty saw a decrease in short interest in January. As of January 15th, there was short interest totaling 7,150,000 shares, a decrease of 5.7% from the December 31st total of 7,580,000 shares. Based on an average trading volume of 788,800 shares, the days-to-cover ratio is currently 9.1 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, February 14th 2023. 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, February 15th 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) announced its quarterly earnings data on Tuesday, August, 2nd. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.45. Agree Realty had a trailing twelve-month return on equity of 4.31% and a net margin of 35.75%. During the same quarter in the prior year, the firm earned $0.89 EPS. How often does Agree Realty pay dividends? What is the dividend yield for Agree Realty? Agree Realty declared a monthly dividend on Thursday, January 12th. Shareholders of record on Tuesday, January 31st will be paid a dividend of $0.24 per share on Tuesday, February 14th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 3.88%. The ex-dividend date of this dividend is Monday, January 30th. Read our dividend analysis for ADC. Is Agree Realty a good dividend stock? Agree Realty (NYSE:ADC) pays an annual dividend of $2.88 per share and currently has a dividend yield of 3.86%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 157.38%. 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 72.91% 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). 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 number of institutional and retail investors. Top institutional investors include Lasalle Investment Management Securities LLC (0.81%), Scout Investments Inc. (0.81%), Sumitomo Mitsui Trust Holdings Inc. (0.80%), Strs Ohio (0.30%), Tributary Capital Management LLC (0.29%) and Fort Washington Investment Advisors Inc. OH (0.26%). Insiders that own company stock include Craig Erlich, Greg Lehmkuhl, Jerome R Rossi, Joey Agree, John Rakolta Jr, Merrie S Frankel, Merrie S Frankel, Richard Agree, Simon Leopold and William S Rubenfaer. 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 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 $74.26. How much money does Agree Realty make? Agree Realty (NYSE:ADC) has a market capitalization of $6.58 billion and generates $339.32 million in revenue each year. The real estate investment trust earns $122.27 million in net income (profit) each year or $1.83 on an earnings per share basis. How can I contact Agree Realty? Agree Realty's mailing address is 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI, 48304. The official website for the company is www.agreerealty.com. The real estate investment trust can be reached via phone at (248) 737-4190, via email at investor@agreerealty.com, or via fax at 248-737-9110. This page (NYSE:ADC) was last updated on 2/2/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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