Agree Realty Stock Forecast, Price & News

Agree Realty's stock was trading at $72.55 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ADC stock has decreased by 13.9% and is now trading at $62.48.
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9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Agree Realty in the last year. There are currently 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Agree Realty.

Agree Realty is scheduled to release its next quarterly earnings announcement on Monday, October 19th 2020.
View our earnings forecast for Agree Realty.

Agree Realty will be holding an earnings conference call on Monday, October 19th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Agree Realty Co. (NYSE:ADC) issued its earnings results on Monday, July, 20th. The real estate investment trust reported $0.47 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.72 by $0.25. The real estate investment trust earned $57.54 million during the quarter, compared to analysts' expectations of $55.23 million. Agree Realty had a net margin of 41.98% and a return on equity of 5.24%.
View Agree Realty's earnings history.

Agree Realty declared a quarterly dividend on Wednesday, September 9th. Shareholders of record on Friday, September 25th will be given a dividend of $0.60 per share on Friday, October 9th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.84%. The ex-dividend date of this dividend is Thursday, September 24th.
View Agree Realty's dividend history.

9 brokers have issued 12 month price objectives for Agree Realty's stock. Their forecasts range from $69.00 to $82.00. On average, they anticipate Agree Realty's share price to reach $75.50 in the next twelve months. This suggests a possible upside of 20.8% from the stock's current price.
View analysts' price targets for Agree Realty.

Some companies that are related to Agree Realty include Realty Income (O), Simon Property Group (SPG), Regency Centers (REG), National Retail Properties (NNN), Federal Realty Investment Trust (FRT), Kimco Realty (KIM), Weingarten Realty Investors (WRI), Taubman Centers (TCO), Alexander's (ALX), Retail Opportunity Investments (ROIC), Retail Properties of America (RPAI), Getty Realty (GTY), Macerich (MAC), Kite Realty Group Trust (KRG) and Acadia Realty Trust (AKR).
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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), Accenture (ACN), Charles Schwab (SCHW), AutoZone (AZO), Hudson Technologies (HDSN), Och-Ziff Capital Management Group (OZM) and Vicor (VICR).

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

Agree Realty's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Copper Rock Capital Partners LLC (18.57%), Vanguard Group Inc. (14.69%), Principal Financial Group Inc. (3.30%), Principal Financial Group Inc. (3.30%), APG Asset Management US Inc. (2.54%) and Nuveen Asset Management LLC (2.47%). Company insiders that own Agree Realty stock include Craig Erlich, Farris G Kalil, Greg Lehmkuhl, Jerome R Rossi, Joey Agree, John Rakolta Jr, Laith Hermiz, Merrie S Frankel and Simon Leopold.
View institutional ownership trends for Agree Realty.

ADC stock was sold by a variety of institutional investors in the last quarter, including Lasalle Investment Management Securities LLC, Sumitomo Mitsui Trust Holdings Inc., Thrivent Financial for Lutherans, Goldman Sachs Group Inc., Copper Rock Capital Partners LLC, William Blair Investment Management LLC, Uniplan Investment Counsel Inc., and Jaguar Listed Property LLC.
View insider buying and selling activity for Agree Realty.

ADC stock was purchased by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, Vanguard Group Inc., Principal Financial Group Inc., Principal Financial Group Inc., Charles Schwab Investment Management Inc., Russell Investments Group Ltd., Prudential Financial Inc., and Scout Investments 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, and Simon Leopold.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of ADC stock can currently be purchased for approximately $62.48.

Agree Realty has a market capitalization of $3.36 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. Agree Realty employs 36 workers across the globe.

The official website for Agree Realty is www.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]