Top-Rated Stocks Top-Rated Dividend Stocks Positive News Sentiment NYSE:ADC Agree Realty - ADC Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Agree Realty Co. Please log in to your account or sign up in order to add this asset to your watchlist. $67.51 +0.20 (+0.30%) (As of 03/30/2023 12:00 AM ET) Add Compare Share Share Today's Range$67.23▼$68.2350-Day Range$64.94▼$74.8052-Week Range$63.34▼$80.44Volume754,337 shsAverage Volume1.09 million shsMarket Capitalization$6.09 billionP/E Ratio36.89Dividend Yield4.27%Price Target$78.23 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Agree Realty MarketRank™ ForecastAnalyst RatingModerate Buy2.89 Rating ScoreUpside/Downside15.9% Upside$78.23 Price TargetShort InterestBearish6.08% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.82Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth-5.09%From $3.93 to $3.73 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.75 out of 5 starsFinance Sector801st out of 891 stocksReal Estate Investment Trusts Industry168th out of 192 stocks 2.4 Analyst's Opinion Consensus RatingAgree Realty has received a consensus rating of Buy. The company's average rating score is 2.89, and is based on 6 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $78.23, Agree Realty has a forecasted upside of 15.9% from its current price of $67.51.Amount of Analyst CoverageAgree Realty has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.08% of the outstanding shares of Agree Realty have been sold short.Short Interest Ratio / Days to CoverAgree Realty has a short interest ratio ("days to cover") of 5.2.Change versus previous monthShort interest in Agree Realty has recently increased by 2.05%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend LeadershipAgree Realty is a leading dividend payer. It pays a dividend yield of 4.30%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAgree Realty has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Agree Realty is 157.38%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Agree Realty will have a dividend payout ratio of 77.21% in the coming year. This indicates that Agree Realty may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ADC. Previous Next 3.2 News and Social Media Coverage News SentimentAgree Realty has a news sentiment score of 1.82. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Agree Realty this week, compared to 3 articles on an average week.Search Interest30 people have searched for ADC on MarketBeat in the last 30 days. This is an increase of 3% compared to the previous 30 days.MarketBeat FollowsOnly 7 people have added Agree Realty to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Agree Realty insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.00% of the stock of Agree Realty is held by insiders. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Agree Realty are expected to decrease by -5.09% in the coming year, from $3.93 to $3.73 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Agree Realty is 36.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.73.Price to Earnings Ratio vs. SectorThe P/E ratio of Agree Realty is 36.89, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 140.55.Price to Earnings Growth RatioAgree Realty has a PEG Ratio of 3.49. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAgree Realty has a P/B Ratio of 1.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Agree Realty (NYSE:ADC) StockAgree 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.Read More Receive ADC Stock 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. Email Address ADC Stock News HeadlinesMarch 21, 2023 | americanbankingnews.comAgree Realty (NYSE:ADC) Cut to "Market Perform" at JMP SecuritiesMarch 20, 2023 | finance.yahoo.com13 Best Monthly Dividend Stocks to Buy According to AnalystsMarch 30, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.March 15, 2023 | msn.comAgree Realty (ADC) Declares $0.24 DividendMarch 8, 2023 | seekingalpha.comAgree Realty Corporation: Valuation Premium Not Justified Due To Growing Retail RisksMarch 5, 2023 | finance.yahoo.comDown 12% to 27%, These Beaten-Down Dividend Stocks Look Like Great Buys This MarchMarch 1, 2023 | finance.yahoo.comThe 3 Best Monthly Dividend Stocks to Buy NowFebruary 19, 2023 | seekingalpha.comAgree Realty: Not Worth Buying At The Current PriceMarch 30, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!February 16, 2023 | markets.businessinsider.com2 Stocks That Pay Monthly CashFebruary 16, 2023 | finance.yahoo.comAgree Realty Full Year 2022 Earnings: EPS Beats ExpectationsFebruary 16, 2023 | finance.yahoo.comIf You Invested $1,000 in Agree Realty in 2008, This Is How Much You Would Have TodayFebruary 15, 2023 | fool.comAgree Realty (ADC) Q4 2022 Earnings Call TranscriptFebruary 15, 2023 | markets.businessinsider.com3 Stocks Everyone LovesFebruary 14, 2023 | finance.yahoo.comAgree Realty (ADC) Q4 FFO Match EstimatesFebruary 14, 2023 | msn.comAgree Realty FFO of $0.95 beats by $0.01, revenue of $116.53M beats by $0.89MFebruary 14, 2023 | msn.comAgree Realty Q4 profit, sales beat, helped by strong investment volumeFebruary 14, 2023 | finance.yahoo.comAgree Realty Corporation Reports Fourth Quarter and Record Full Year 2022 ResultsFebruary 13, 2023 | seekingalpha.comADC.PRA Agree Realty Corp. - 4.25% PRF PERPETUAL USD 25 - Ser A 1/1000th declares $0.0885 dividendFebruary 13, 2023 | msn.comAgree Realty's Earnings: A PreviewFebruary 13, 2023 | bizjournals.comPREIT sells Plymouth Meeting Whole Foods site for $27 millionFebruary 12, 2023 | finance.yahoo.comWhy This Unstoppable Dividend Stock Could Supercharge Your PortfolioFebruary 8, 2023 | seekingalpha.comAgree Realty Preferred Series A: A 5.8%-Yielding Bet On Falling Interest RatesFebruary 6, 2023 | finance.yahoo.comLike Realty Income? Then You'll Love This Dividend StockFebruary 3, 2023 | seekingalpha.comAgree Realty: Perfect Macro Setup For This High-Quality Retail REITFebruary 1, 2023 | benzinga.comAgree Realty All Set To Join S&P MidCap 400 Next WeekJanuary 31, 2023 | benzinga.comAgree Realty Stock (NYSE:ADC), DividendsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ADC Stock 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. Email Address ADC Company Calendar Last Earnings8/02/2022Ex-Dividend for 3/14 Dividend2/27/2023Dividend Payable3/14/2023Today3/30/2023Ex-Dividend for 4/14 Dividend3/30/2023Dividend Payable4/14/2023Next Earnings (Estimated)5/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryRetail REITs SectorFinance Current SymbolNYSE:ADC CUSIP00849210 CIK917251 Webwww.agreerealty.com Phone(248) 737-4190Fax248-737-9110Employees57Year Founded1971Price Target and Rating Average Stock Price Forecast$78.23 High Stock Price Forecast$83.00 Low Stock Price Forecast$73.00 Forecasted Upside/Downside+15.8%Consensus RatingModerate Buy Rating Score (0-4)2.89 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$1.83 Trailing P/E Ratio36.91 Forward P/E Ratio17.19 P/E Growth3.49Net Income$152.44 million Net Margins35.47% Pretax Margin35.60% Return on Equity4.18% Return on Assets2.70% Debt Debt-to-Equity Ratio0.44 Current Ratio0.88 Quick Ratio0.88 Sales & Book Value Annual Sales$429.81 million Price / Sales14.17 Cash Flow$3.68 per share Price / Cash Flow18.35 Book Value$50.30 per share Price / Book1.34Miscellaneous Outstanding Shares90,170,000Free Float88,370,000Market Cap$6.09 billion OptionableOptionable Beta0.46 Social Links Key ExecutivesJoel N. AgreePresident, Chief Executive Officer & DirectorCraig ErlichChief Operating OfficerPeter CoughenourChief Financial Officer & SecretaryLarry KaufmanChief Information Officer & Vice PresidentJosh BrattonDevelopment DirectorKey CompetitorsFederal Realty Investment TrustNYSE:FRTNational Retail PropertiesNYSE:NNNKite Realty Group TrustNYSE:KRGMacerichNYSE:MACTanger Factory Outlet CentersNYSE:SKTView All CompetitorsInsiders & InstitutionsMetLife Investment Management LLCBought 4,034 shares on 3/23/2023Ownership: 0.051%Voya Investment Management LLCBought 5,637 shares on 2/28/2023Ownership: 0.047%NatixisBought 10,400 shares on 2/24/2023Ownership: 0.020%Teachers Retirement System of The State of KentuckyBought 5,987 shares on 2/22/2023Ownership: 0.060%Biltmore Wealth Management LLCBought 238 shares on 2/21/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions ADC Stock - Frequently Asked Questions Should I buy or sell Agree Realty stock right now? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Agree Realty in the last year. There are currently 2 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" ADC shares. View ADC analyst ratings or view top-rated stocks. What is Agree Realty's stock price forecast for 2023? 9 brokers have issued 1 year target prices for Agree Realty's stock. Their ADC share price forecasts range from $73.00 to $83.00. On average, they expect the company's stock price to reach $78.23 in the next twelve months. This suggests a possible upside of 15.8% from the stock's current price. View analysts price targets for ADC or view top-rated stocks among Wall Street analysts. How have ADC shares performed in 2023? Agree Realty's stock was trading at $70.93 at the beginning of 2023. Since then, ADC shares have decreased by 4.8% and is now trading at $67.55. View the best growth stocks for 2023 here. When is Agree Realty's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023. View our ADC earnings forecast. How were Agree Realty's earnings last quarter? Agree Realty Co. (NYSE:ADC) released its quarterly earnings results on Tuesday, August, 2nd. The real estate investment trust reported $0.45 earnings per share for the quarter, meeting the consensus estimate of $0.45. Agree Realty had a trailing twelve-month return on equity of 4.18% and a net margin of 35.47%. During the same quarter last year, the firm earned $0.89 earnings per share. How often does Agree Realty pay dividends? What is the dividend yield for Agree Realty? Agree Realty declared a monthly dividend on Monday, March 13th. Stockholders of record on Friday, March 31st will be paid a dividend of $0.24 per share on Friday, April 14th. This represents a $2.88 dividend on an annualized basis and a yield of 4.26%. The ex-dividend date is Thursday, March 30th. Read our dividend analysis for ADC. What ETFs hold Agree Realty's stock? ETFs with the largest weight of Agree Realty (NYSE:ADC) stock in their portfolio include Janus Henderson U.S. Real Estate ETF (JRE), NETLease Corporate Real Estate ETF (NETL), AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG), Cambria Global Real Estate ETF (BLDG), ALPS Active REIT ETF (REIT), Virtus Real Asset Income ETF (VRAI), Invesco S&P MidCap Momentum ETF (XMMO) and ProShares Russell 2000 Dividend Growers ETF (SMDV). Is Agree Realty a good dividend stock? Agree Realty (NYSE:ADC) pays an annual dividend of $2.88 per share and currently has a dividend yield of 4.30%. ADC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 157.38%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, ADC will have a dividend payout ratio of 77.21% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for ADC. What is Richard Agree's approval rating as Agree Realty's CEO? 1 employees have rated Agree Realty Chief Executive Officer Richard Agree on Glassdoor.com. Richard Agree has an approval rating of 100% among the company'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), 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 shareholders include Principal Financial Group Inc. (6.45%), Deutsche Bank AG (3.76%), Centersquare Investment Management LLC (3.64%), Morgan Stanley (2.83%), Geode Capital Management LLC (2.12%) and Charles Schwab Investment Management Inc. (1.58%). Insiders that own company 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. How do I buy shares of Agree Realty? Shares of ADC stock 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 $67.55. How much money does Agree Realty make? Agree Realty (NYSE:ADC) has a market capitalization of $6.09 billion and generates $429.81 million in revenue each year. The real estate investment trust earns $152.44 million in net income (profit) each year or $1.83 on an earnings per share basis. How can I contact Agree Realty? Agree Realty's mailing address is 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI, 48304. The official website for the company is www.agreerealty.com. The real estate investment trust can be reached via phone at (248) 737-4190, via email at investor@agreerealty.com, or via fax at 248-737-9110. This page (NYSE:ADC) was last updated on 3/30/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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