NYSE:ADC - Agree Realty Stock Price, News & Analysis

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

Agree Realty declared a quarterly dividend on Friday, April 26th. Stockholders of record on Friday, June 28th will be paid a dividend of $0.57 per share on Friday, July 12th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.15%. The ex-dividend date of this dividend is Thursday, June 27th. This is an increase from Agree Realty's previous quarterly dividend of $0.56. View Agree Realty's Dividend History.

Agree Realty Co. (NYSE:ADC) released its quarterly earnings data on Monday, July, 22nd. The real estate investment trust reported $0.45 earnings per share for the quarter, missing analysts' consensus estimates of $0.74 by $0.29. The real estate investment trust earned $44.92 million during the quarter, compared to analyst estimates of $44.05 million. Agree Realty had a return on equity of 5.19% and a net margin of 39.76%. View Agree Realty's Earnings History.

Agree Realty is scheduled to release their next quarterly earnings announcement on Monday, October 28th 2019. View Earnings Estimates for Agree Realty.

6 Wall Street analysts have issued twelve-month price objectives for Agree Realty's stock. Their forecasts range from $57.00 to $75.00. On average, they anticipate Agree Realty's stock price to reach $68.20 in the next year. This suggests that the stock has a possible downside of 5.6%. View Analyst Price Targets for Agree Realty.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Agree Realty in the last year. There are currently 2 hold ratings, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Agree Realty.

Headlines about ADC stock have been trending negative on Sunday, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Agree Realty earned a news impact score of -2.3 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Agree Realty.

Some companies that are related to Agree Realty include Gecina (GECFF), Duke Realty (DRE), Vornado Realty Trust (VNO), Host Hotels and Resorts (HST), Regency Centers (REG), Camden Property Trust (CPT), Federal Realty Investment Trust (FRT), VICI Properties (VICI), Klepierre (KLPEF), SINO LD LTD/S (SNLAY), Vereit (VER), National Retail Properties (NNN), Iron Mountain (IRM), AGNC Investment (AGNC) and Omega Healthcare Investors (OHI).

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

Agree Realty's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.19%), Vanguard Group Inc. (13.98%), Cohen & Steers Inc. (8.90%), Invesco Ltd. (6.88%), Nuveen Asset Management LLC (3.31%) and Northern Trust Corp (2.32%). Company insiders that own Agree Realty stock include Clayton R Thelen, Craig Erlich, Farris G Kalil, Joey Agree, John Rakolta Jr, John Rakolta, Jr, Laith Hermiz and Richard Agree. View Institutional Ownership Trends for Agree Realty.

ADC stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Cohen & Steers Inc., Waddell & Reed Financial Inc., Eagle Asset Management Inc., William Blair Investment Management LLC, Bank of New York Mellon Corp, Texas Yale Capital Corp. and First Trust Advisors LP. Company insiders that have sold Agree Realty company stock in the last year include Farris G Kalil and Laith Hermiz. View Insider Buying and Selling for Agree Realty.

ADC stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Invesco Ltd., Citadel Advisors LLC, Vanguard Group Inc., BlackRock Inc., Balyasny Asset Management LLC, RVB Capital Management LLC and Russell Investments Group Ltd.. Company insiders that have bought Agree Realty stock in the last two years include Clayton R Thelen, Craig Erlich, Joey Agree, John Rakolta Jr, John Rakolta, Jr and Richard Agree. View Insider Buying and Selling for 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, Scottrade, Fidelity and Charles Schwab.

One share of ADC stock can currently be purchased for approximately $72.27.

Agree Realty has a market capitalization of $3.03 billion and generates $148.20 million in revenue each year. The real estate investment trust earns $58.17 million in net income (profit) each year or $2.85 on an earnings per share basis. Agree Realty employs 36 workers across the globe.View Additional Information About Agree Realty.

The official website for Agree Realty is http://agreerealty.com/.

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]