NYSE:ADC - Agree Realty Stock Price, Price Target & More

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

Agree Realty declared a quarterly dividend on Tuesday, May 15th. Shareholders of record on Friday, June 29th will be given a dividend of $0.54 per share on Friday, July 13th. This represents a $2.16 dividend on an annualized basis and a yield of 4.04%. The ex-dividend date of this dividend is Thursday, June 28th. This is an increase from Agree Realty's previous quarterly dividend of $0.52. View Agree Realty's Dividend History.

Agree Realty Co. (NYSE:ADC) posted its earnings results on Monday, April, 23rd. The real estate investment trust reported $0.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by $0.18. The real estate investment trust had revenue of $34.57 million for the quarter, compared to the consensus estimate of $33.45 million. Agree Realty had a net margin of 48.16% and a return on equity of 6.97%. View Agree Realty's Earnings History.

Agree Realty is scheduled to release their next quarterly earnings announcement on Monday, July, 23rd 2018. View Earnings Estimates for Agree Realty.

7 Wall Street analysts have issued 1 year price objectives for Agree Realty's shares. Their forecasts range from $51.00 to $58.00. On average, they expect Agree Realty's stock price to reach $55.1429 in the next twelve months. This suggests a possible upside of 3.1% from the stock's current price. View Analyst Ratings for Agree Realty.

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

Some companies that are related to Agree Realty include New Residential Investment (NRZ), CyrusOne (CONE), Omega Healthcare Investors (OHI), RioCan Real Estate Investment Trust (RIOCF), DCT Industrial Trust (DCT), Howard Hughes (HHC), Starwood Property Trust (STWD), American Campus Communities (ACC), CubeSmart (CUBE), Healthcare Trust Of America (HTA), Store Capital (STOR), Hammerson (HMSNF), Brixmor Property Group (BRX), Medical Properties Trust (MPW) and Highwoods Properties (HIW).

News coverage about ADC stock has been trending somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Agree Realty earned a coverage optimism score of 0.07 on Accern's scale. They also gave media headlines about the real estate investment trust an impact score of 47.13 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Agree Realty's stock is owned by a number of of institutional and retail investors. Top institutional investors include Westpac Banking Corp (0.42%), State of Alaska Department of Revenue (0.07%), Municipal Employees Retirement System of Michigan (0.03%) and Amalgamated Bank (0.02%). Company insiders that own Agree Realty stock include Clayton R Thelen, Gene Silverman, John Rakolta Jr, Merrie S Frankel, Richard Agree and William S Rubenfaer. View Institutional Ownership Trends for Agree Realty.

ADC stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue and Municipal Employees Retirement System of Michigan. View Insider Buying and Selling for Agree Realty.

ADC stock was purchased by a variety of institutional investors in the last quarter, including Westpac Banking Corp and Amalgamated Bank. Company insiders that have bought Agree Realty stock in the last two years include Clayton R Thelen, Gene Silverman, John Rakolta Jr, Merrie S Frankel, Richard Agree and William S Rubenfaer. 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 $53.49.

Agree Realty has a market capitalization of $1.56 billion and generates $116.56 million in revenue each year. The real estate investment trust earns $58.11 million in net income (profit) each year or $2.72 on an earnings per share basis. Agree Realty employs 32 workers across the globe.

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]