NYSE:ADC - Agree Realty Stock Price, Forecast & News

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

Agree Realty declared a quarterly dividend on Thursday, December 5th. Investors of record on Friday, December 20th will be given a dividend of $0.585 per share on Friday, January 3rd. This represents a $2.34 dividend on an annualized basis and a yield of 3.13%. The ex-dividend date of this dividend is Thursday, December 19th. This is a boost from Agree Realty's previous quarterly dividend of $0.57. View Agree Realty's Dividend History.

Agree Realty Co. (NYSE:ADC) posted its quarterly earnings data on Monday, October, 21st. The real estate investment trust reported $0.48 EPS for the quarter, beating analysts' consensus estimates of $0.42 by $0.06. The real estate investment trust earned $48.08 million during the quarter, compared to analysts' expectations of $47.28 million. Agree Realty had a return on equity of 5.16% and a net margin of 40.18%. View Agree Realty's Earnings History.

Agree Realty is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Agree Realty.

Agree Realty will be holding an earnings conference call on Thursday, February 20th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

6 equities research analysts have issued 1 year price targets for Agree Realty's stock. Their forecasts range from $73.00 to $82.00. On average, they expect Agree Realty's stock price to reach $80.20 in the next twelve months. This suggests a possible upside of 7.4% from the stock's current price. View Analyst Price Targets for Agree Realty.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Agree Realty in the last year. There are currently 2 hold ratings, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Agree Realty.

Press coverage about ADC stock has been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Agree Realty earned a coverage optimism score of 1.2 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Agree Realty.

Agree Realty saw a drop in short interest in December. As of December 31st, there was short interest totalling 5,140,000 shares, a drop of 13.2% from the December 15th total of 5,920,000 shares. Based on an average daily trading volume, of 377,700 shares, the short-interest ratio is presently 13.6 days. Currently, 12.5% of the company's shares are sold short. View Agree Realty's Current Options Chain.

Some companies that are related to Agree Realty include Simon Property Group (SPG), Realty Income (O), Regency Centers (REG), Federal Realty Investment Trust (FRT), National Retail Properties (NNN), Kimco Realty (KIM), Weingarten Realty Investors (WRI), Macerich (MAC), Retail Properties of America (RPAI), Acadia Realty Trust (AKR), Retail Opportunity Investments (ROIC), Taubman Centers (TCO), Alexander's (ALX), Kite Realty Group Trust (KRG) and Tanger Factory Outlet Centers (SKT).

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), Charles Schwab (SCHW), Vicor (VICR), Hudson Technologies (HDSN), Accenture (ACN), AutoZone (AZO) and Och-Ziff Capital Management Group (OZM).

Agree Realty's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Tributary Capital Management LLC (0.54%), Strs Ohio (0.27%), Scout Investments Inc. (0.25%), Jaguar Listed Property LLC (0.25%), New York State Teachers Retirement System (0.23%) and Huntington National Bank (0.15%). Company insiders that own Agree Realty stock include Craig Erlich, Farris G Kalil, Greg Lehmkuhl, Joey Agree, John Rakolta Jr, John Rakolta, Jr, Laith Hermiz and Richard Agree. View Institutional Ownership Trends for Agree Realty.

ADC stock was sold by a variety of institutional investors in the last quarter, including Jaguar Listed Property LLC, Tributary Capital Management LLC, Huntington National Bank, Louisiana State Employees Retirement System, Zurcher Kantonalbank Zurich Cantonalbank and Norris Perne & French LLP MI. View Insider Buying and Selling for Agree Realty.

ADC stock was acquired by a variety of institutional investors in the last quarter, including Scout Investments Inc., Exchange Traded Concepts LLC, New York State Teachers Retirement System, State of Alaska Department of Revenue, Exane Derivatives, J.W. Cole Advisors Inc., Nisa Investment Advisors LLC and Campbell & CO Investment Adviser LLC. Company insiders that have bought Agree Realty stock in the last two years include Craig Erlich, Greg Lehmkuhl, Joey Agree, John Rakolta Jr, John Rakolta, Jr and Richard Agree. 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, Robinhood, Fidelity and Charles Schwab.

One share of ADC stock can currently be purchased for approximately $74.67.

Agree Realty has a market capitalization of $3.17 billion and generates $148.20 million in revenue each year. The real estate investment trust earns $58.17 million in net income (profit) each year or $2.85 on an earnings per share basis. Agree Realty employs 36 workers across the globe.View Additional Information About Agree Realty.

The official website for Agree Realty is http://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]