S&P 500   3,909.94 (-0.35%)
DOW   31,310.46 (-0.57%)
QQQ   289.98 (-0.40%)
AAPL   137.14 (-2.61%)
MSFT   253.39 (-0.27%)
FB   191.87 (-0.19%)
GOOGL   2,211.09 (-1.20%)
AMZN   2,151.37 (+0.43%)
TSLA   709.57 (-0.03%)
NVDA   172.06 (+1.58%)
BABA   87.48 (+0.19%)
NIO   16.58 (+4.74%)
AMD   97.39 (+1.15%)
CGC   5.87 (+5.01%)
MU   69.72 (-1.87%)
T   20.17 (-0.30%)
GE   75.80 (+0.80%)
F   12.95 (+1.33%)
DIS   103.37 (-0.89%)
AMC   12.91 (+1.18%)
PFE   50.50 (+0.20%)
PYPL   81.09 (+5.07%)
NFLX   183.62 (+3.63%)
S&P 500   3,909.94 (-0.35%)
DOW   31,310.46 (-0.57%)
QQQ   289.98 (-0.40%)
AAPL   137.14 (-2.61%)
MSFT   253.39 (-0.27%)
FB   191.87 (-0.19%)
GOOGL   2,211.09 (-1.20%)
AMZN   2,151.37 (+0.43%)
TSLA   709.57 (-0.03%)
NVDA   172.06 (+1.58%)
BABA   87.48 (+0.19%)
NIO   16.58 (+4.74%)
AMD   97.39 (+1.15%)
CGC   5.87 (+5.01%)
MU   69.72 (-1.87%)
T   20.17 (-0.30%)
GE   75.80 (+0.80%)
F   12.95 (+1.33%)
DIS   103.37 (-0.89%)
AMC   12.91 (+1.18%)
PFE   50.50 (+0.20%)
PYPL   81.09 (+5.07%)
NFLX   183.62 (+3.63%)
S&P 500   3,909.94 (-0.35%)
DOW   31,310.46 (-0.57%)
QQQ   289.98 (-0.40%)
AAPL   137.14 (-2.61%)
MSFT   253.39 (-0.27%)
FB   191.87 (-0.19%)
GOOGL   2,211.09 (-1.20%)
AMZN   2,151.37 (+0.43%)
TSLA   709.57 (-0.03%)
NVDA   172.06 (+1.58%)
BABA   87.48 (+0.19%)
NIO   16.58 (+4.74%)
AMD   97.39 (+1.15%)
CGC   5.87 (+5.01%)
MU   69.72 (-1.87%)
T   20.17 (-0.30%)
GE   75.80 (+0.80%)
F   12.95 (+1.33%)
DIS   103.37 (-0.89%)
AMC   12.91 (+1.18%)
PFE   50.50 (+0.20%)
PYPL   81.09 (+5.07%)
NFLX   183.62 (+3.63%)
S&P 500   3,909.94 (-0.35%)
DOW   31,310.46 (-0.57%)
QQQ   289.98 (-0.40%)
AAPL   137.14 (-2.61%)
MSFT   253.39 (-0.27%)
FB   191.87 (-0.19%)
GOOGL   2,211.09 (-1.20%)
AMZN   2,151.37 (+0.43%)
TSLA   709.57 (-0.03%)
NVDA   172.06 (+1.58%)
BABA   87.48 (+0.19%)
NIO   16.58 (+4.74%)
AMD   97.39 (+1.15%)
CGC   5.87 (+5.01%)
MU   69.72 (-1.87%)
T   20.17 (-0.30%)
GE   75.80 (+0.80%)
F   12.95 (+1.33%)
DIS   103.37 (-0.89%)
AMC   12.91 (+1.18%)
PFE   50.50 (+0.20%)
PYPL   81.09 (+5.07%)
NFLX   183.62 (+3.63%)

Agree Realty (ADC) Stock Forecast, Price & News

$67.74
-0.18 (-0.27%)
(As of 05/19/2022 03:27 PM ET)
Add
Compare
Today's Range
$67.25
$68.48
50-Day Range
$62.95
$72.14
52-Week Range
$61.62
$75.95
Volume
22,618 shs
Average Volume
719,179 shs
Market Capitalization
$5.09 billion
P/E Ratio
38.06
Dividend Yield
4.09%
Beta
0.4
30 days | 90 days | 365 days | Advanced Chart
Receive ADC 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.

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".

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Retail REITs
Sector
Finance
CUSIP
00849210
Employees
57
Year Founded
1971

Sales & Book Value

Annual Sales
$339.32 million
Cash Flow
$3.46 per share
Book Value
$46.57 per share

Profitability

Net Income
$122.27 million
Pretax Margin
35.82%

Debt

Price-To-Earnings

Miscellaneous

Free Float
73,520,000
Market Cap
$5.09 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 5/13 Dividend
4/28/2022
Last Earnings
5/03/2022
Dividend Payable
5/13/2022
Today
5/19/2022
Ex-Dividend for 6/14 Dividend
5/27/2022
Dividend Payable
6/14/2022
Next Earnings (Estimated)
7/25/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.43 out of 5 stars

Finance Sector

490th out of 1,352 stocks

Real Estate Investment Trusts Industry

105th out of 233 stocks

Analyst Opinion: 2.4Community Rank: 4.9Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -













Agree Realty (NYSE:ADC) Frequently Asked Questions

Is Agree Realty a buy right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Agree Realty in the last year. There are currently 3 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Agree Realty stock.
View analyst ratings for Agree Realty
or view top-rated stocks.

When is Agree Realty's next earnings date?

Agree Realty is scheduled to release its next quarterly earnings announcement on Monday, July 25th 2022.
View our earnings forecast for Agree Realty
.

How were Agree Realty's earnings last quarter?

Agree Realty Co. (NYSE:ADC) released its quarterly earnings results on Tuesday, May, 3rd. The real estate investment trust reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.03. Agree Realty had a trailing twelve-month return on equity of 3.94% and a net margin of 35.65%. During the same quarter in the previous year, the firm posted $0.84 EPS.
View Agree Realty's earnings history
.

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

Agree Realty announced a monthly dividend on Thursday, May 12th. Shareholders of record on Tuesday, May 31st will be given a dividend of $0.234 per share on Tuesday, June 14th. This represents a $2.81 dividend on an annualized basis and a dividend yield of 4.15%. The ex-dividend date of this dividend is Friday, May 27th.
View Agree Realty's dividend history
.

Is Agree Realty a good dividend stock?

Agree Realty pays an annual dividend of $2.81 per share and currently has a dividend yield of 4.09%. ADC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Agree Realty does not yet have a strong track record of dividend growth. The dividend payout ratio of Agree Realty is 157.87%. 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 69.38% 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?

11 analysts have issued 1-year price objectives for Agree Realty's shares. Their forecasts range from $69.00 to $83.00. On average, they expect Agree Realty's share price to reach $76.77 in the next year. This suggests a possible upside of 13.3% 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 43, Pay $3.87M) (LinkedIn Profile)
  • Mr. Peter Coughenour, CFO, Sec. & Investor Relations Professional (Age 29, Pay $2.06M)
  • Mr. Craig Erlich, Chief Operating Officer (Age 54, Pay $1.01M)
  • Ms. Danielle M. Spehar, Gen. Counsel (Age 54, Pay $526.02k)
  • Ms. Nicole Witteveen, Exec. VP of People & Culture and Chief of Staff (Age 32, Pay $748.14k)
  • Mr. Richard A. Agree, Exec. Chairman (Age 78)
  • Mr. David A. Wolff, Chief Accounting Officer (Age 53)
  • Mr. Dan Theeck, Director of Financial Reporting & Compliance
  • Mr. Josh Bratton, Director of Devel.
  • Mr. Marc Brandt, VP of Asset Management
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.

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 (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).

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 retail and institutional investors. Top institutional investors include BlackRock Inc. (18.52%), Vanguard Group Inc. (15.24%), Principal Financial Group Inc. (7.98%), State Street Corp (5.74%), Centersquare Investment Management LLC (5.07%) and Daiwa Securities Group Inc. (1.86%). Company insiders that own Agree Realty stock include 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 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 Weiss Multi Strategy Advisers LLC, Sei Investments Co., Northern Trust Corp, Guggenheim Capital LLC, Bahl & Gaynor Inc., APG Asset Management US Inc., Renaissance Technologies LLC, and SG Americas Securities 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 acquired by a variety of institutional investors in the last quarter, including State Street Corp, Vanguard Group Inc., Invesco Ltd., BlackRock Inc., Principal Financial Group Inc., Centersquare Investment Management LLC, Goldman Sachs Group Inc., and Qube Research & Technologies Ltd. Company insiders that have bought Agree Realty stock in the last two years include Greg Lehmkuhl, Joey Agree, John Rakolta Jr, Merrie S Frankel, Richard Agree, 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 $67.74.

How much money does Agree Realty make?

Agree Realty has a market capitalization of $5.09 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 $1.779990 on an earnings per share basis.

How many employees does Agree Realty have?

Agree Realty employs 57 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.

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, via email at [email protected], or via fax at 248-737-9110.

This page was last updated on 5/19/2022 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.