NYSE:ADC

Agree Realty Stock Forecast, Price & News

$68.91
+1.43 (+2.12 %)
(As of 04/15/2021 12:00 AM ET)
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Today's Range
$67.82
Now: $68.91
$68.93
50-Day Range
$62.86
MA: $66.63
$69.43
52-Week Range
$54.94
Now: $68.91
$72.68
Volume700,924 shs
Average Volume700,744 shs
Market Capitalization$4.38 billion
P/E Ratio37.45
Dividend Yield3.68%
Beta0.25
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".
Agree Realty logo

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
CUSIP00849210
Phone248-737-4190
Employees49
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$187.48 million
Cash Flow$3.92 per share
Book Value$39.88 per share

Profitability

Net Income$80.08 million

Miscellaneous

Market Cap$4.38 billion
Next Earnings Date5/3/2021 (Confirmed)
OptionableOptionable

Headlines

Agree Realty Declares Increased Monthly Cash Dividend
April 15, 2021 |  finance.yahoo.com
Agree Realty Releases Inaugural ESG Report
March 31, 2021 |  feeds.benzinga.com
Agree Realty's Secret Weapon
March 20, 2021 |  seekingalpha.com
See More Headlines

MarketRank

Overall MarketRank

1.82 out of 5 stars

Finance Sector

320th out of 1,955 stocks

Real Estate Investment Trusts Industry

71st out of 274 stocks

Analyst Opinion: 1.5Community Rank: 3.0Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
$68.91
+1.43 (+2.12 %)
(As of 04/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Agree Realty (NYSE:ADC) Frequently Asked Questions

Is Agree Realty a buy right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Agree Realty in the last year. There are currently 1 hold rating, 7 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 short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Agree Realty wasn't one of them. MarketBeat thinks these five stocks 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, May 3rd 2021.
View our earnings forecast for Agree Realty
.

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

Agree Realty will be holding an earnings conference call on Monday, May 3rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Agree Realty's earnings last quarter?

Agree Realty Co. (NYSE:ADC) posted its quarterly earnings data on Wednesday, February, 17th. The real estate investment trust reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.83 by $0.41. Agree Realty had a trailing twelve-month return on equity of 4.76% and a net margin of 39.39%.
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 shares have decreased by 5.0% and is now trading at $68.91.
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 announced a monthly dividend on Friday, March 19th. Investors of record on Wednesday, March 31st will be paid a dividend of $0.207 per share on Wednesday, April 14th. This represents a $2.48 annualized dividend and a dividend yield of 3.60%. The ex-dividend date is Tuesday, March 30th.
View Agree Realty's dividend history
.

Is Agree Realty a good dividend stock?

Agree Realty pays an annual dividend of $2.48 per share and currently has a dividend yield of 3.68%. Agree Realty does not yet have a strock track record of dividend growth. The dividend payout ratio of Agree Realty is 80.52%. 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 71.26% 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?

9 brokers have issued 1 year price objectives for Agree Realty's shares. Their forecasts range from $67.00 to $82.00. On average, they expect Agree Realty's share price to reach $73.81 in the next year. This suggests a possible upside of 7.1% 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. Richard A. Agree, Exec. Chairman (Age 77, Pay $184.55k)
  • Mr. Joel N. Agree, Pres, CEO & Director (Age 42, Pay $1.91M)
  • Mr. Simon J. Leopold, Exec. VP, CFO & Sec. (Age 53, Pay $20.83k)
  • Mr. Craig Erlich, Chief Operating Officer (Age 53, Pay $51.96k)
  • Ms. Danielle M. Spehar, Gen. Counsel
  • Mr. Laith M. Hermiz, Exec. VP of Real Estate (Age 50, Pay $509.94k)
  • 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 institutional and retail investors. Top institutional investors include Scout Investments Inc. (0.60%), State of Alaska Department of Revenue (0.11%), Louisiana State Employees Retirement System (0.05%), Everence Capital Management Inc. (0.01%), Crossmark Global Holdings Inc. (0.01%) and Private Capital Group LLC (0.00%). 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 major investors are selling Agree Realty stock?

ADC stock was sold by a variety of institutional investors in the last quarter, including Private Capital Group LLC, Crossmark Global Holdings Inc., and Sound Income Strategies LLC.
View insider buying and selling activity for Agree Realty
or view top insider-selling stocks.

Which major investors are buying Agree Realty stock?

ADC stock was purchased by a variety of institutional investors in the last quarter, including Scout Investments Inc., Everence Capital Management Inc., State of Alaska Department of Revenue, and Louisiana State Employees Retirement System. 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 $68.91.

How much money does Agree Realty make?

Agree Realty has a market capitalization of $4.38 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.

How many employees does Agree Realty have?

Agree Realty employs 49 workers across the globe.

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 4/16/2021 by MarketBeat.com Staff
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