S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20

Agree Realty Stock Forecast, Price & News

$69.10
-1.02 (-1.45%)
(As of 11/26/2021 12:00 AM ET)
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Today's Range
$68.05
$69.52
50-Day Range
$66.23
$71.82
52-Week Range
$61.27
$75.95
Volume
344,321 shs
Average Volume
578,330 shs
Market Capitalization
$4.82 billion
P/E Ratio
39.26
Dividend Yield
3.88%
Beta
0.38
30 days | 90 days | 365 days | Advanced Chart
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Agree Realty logo

About Agree Realty

Agree Realty Corp. is a real estate investment trust, which focuses on the ownership, development, acquisition, and management of retail properties net leased to national tenants. It specializes in acquiring and developing net leased retail properties for retail tenants. The company was founded by Richard Agree in 1971 and is headquartered in Bloomfield Hills, MI.

Headlines

This 3.9%-Yielding Monthly Dividend Keeps Heading Higher
November 16, 2021 |  finance.yahoo.com
Agree Realty (ADC) Q3 FFO Meet Estimates
November 1, 2021 |  finance.yahoo.com
Is Agree Realty in Trouble?
October 18, 2021 |  finance.yahoo.com
Agree Realty Declares Increased Monthly Common Dividend
October 14, 2021 |  finance.yahoo.com
2 “Strong Buy” Stocks Drawing Interest From Insiders
October 4, 2021 |  finance.yahoo.com
Monday 9/27 Insider Buying Report: EVRG, ADC
September 28, 2021 |  nasdaq.com
See More Headlines

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Retail REITs
Sector
Finance
CUSIP
00849210
Employees
2,018
Year Founded
1971

Sales & Book Value

Annual Sales
$248.57 million
Cash Flow
$2.88 per share
Book Value
$45.38 per share

Profitability

Net Income
$91.38 million
Pretax Margin
35.49%

Debt

Price-To-Earnings

Miscellaneous

Free Float
68,245,000
Market Cap
$4.82 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
10/28/2021
Last Earnings
11/01/2021
Dividend Payable
11/12/2021
Today
11/28/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/17/2022

Social Links


MarketRank

Overall MarketRank

2.56 out of 5 stars

Finance Sector

238th out of 1,340 stocks

Real Estate Investment Trusts Industry

54th out of 222 stocks

Analyst Opinion: 2.4Community Rank: 4.9Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -












Agree Realty (NYSE:ADC) Frequently Asked Questions

Is Agree Realty a buy right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Agree Realty in the last twelve months. There are currently 1 hold rating and 6 buy ratings 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.

How has Agree Realty's stock price been impacted by COVID-19?

Agree Realty's stock was trading at $72.55 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ADC stock has decreased by 4.8% and is now trading at $69.10.
View which stocks have been most impacted by COVID-19
.

When is Agree Realty's next earnings date?

Agree Realty is scheduled to release its next quarterly earnings announcement on Thursday, February 17th 2022.
View our earnings forecast for Agree Realty
.

How were Agree Realty's earnings last quarter?

Agree Realty Co. (NYSE:ADC) issued its quarterly earnings results on Monday, November, 1st. The real estate investment trust reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.06. Agree Realty had a net margin of 35.30% and a trailing twelve-month return on equity of 3.88%. During the same quarter in the prior year, the firm posted $0.80 earnings per share.
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, November 11th. Stockholders of record on Tuesday, November 30th will be given a dividend of $0.227 per share on Tuesday, December 14th. This represents a $2.72 dividend on an annualized basis and a yield of 3.94%. The ex-dividend date is Monday, November 29th.
View Agree Realty's dividend history
.

Is Agree Realty a good dividend stock?

Agree Realty pays an annual dividend of $2.72 per share and currently has a dividend yield of 3.88%. The dividend payout ratio of Agree Realty is 154.55%. 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 71.02% 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?

7 brokerages have issued twelve-month price objectives for Agree Realty's shares. Their forecasts range from $74.25 to $83.00. On average, they anticipate Agree Realty's stock price to reach $79.61 in the next year. This suggests a possible upside of 15.2% 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:
  • Joel N. Agree, President, Chief Executive Officer & Director (LinkedIn Profile)
  • Craig Erlich, Chief Operating Officer
  • Peter Coughenour, Chief Financial Officer
  • Josh Bratton, Development Director
  • Marc Brandt, Vice President-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), 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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (18.70%), Principal Financial Group Inc. (8.04%), Deutsche Bank AG (2.73%), Geode Capital Management LLC (2.10%), Daiwa Securities Group Inc. (1.78%) and Cohen & Steers Inc. (1.73%). Company insiders that own Agree Realty stock include Craig Erlich, 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 Principal Financial Group Inc., Janus Henderson Group PLC, Aew Capital Management L P, Brookfield Asset Management Inc., Sumitomo Mitsui Trust Holdings Inc., BlackRock Inc., Eagle Asset Management Inc., and Deprince Race & Zollo Inc..
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 Frontier Capital Management Co. LLC, Invesco Ltd., Deutsche Bank AG, Thrivent Financial for Lutherans, Morgan Stanley, Healthcare of Ontario Pension Plan Trust Fund, Tudor Investment Corp Et Al, and Millennium Management LLC. 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, 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 $69.10.

How much money does Agree Realty make?

Agree Realty has a market capitalization of $4.82 billion and generates $248.57 million in revenue each year. The real estate investment trust earns $91.38 million in net income (profit) each year or $1.76 on an earnings per share basis.

How many employees does Agree Realty have?

Agree Realty employs 2,018 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.

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


This page was last updated on 11/28/2021 by MarketBeat.com Staff

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