NYSE:ADCAgree Realty Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add $68.63 +0.38 (+0.56 %) (As of 08/7/2020 04:00 PM ET) Add Compare Share Today's Range$67.87Now: $68.63▼$68.9850-Day Range$62.30MA: $65.50▼$69.9652-Week Range$45.23Now: $68.63▼$80.51Volume330,965 shsAverage Volume671,230 shsMarket Capitalization$3.70 billionP/E Ratio35.38Dividend Yield3.52%Beta0.28 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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 March 31, 2019, the Company owned and operated a portfolio of 694 properties, located in 46 states and containing approximately 11.9 million square feet of gross leasable space. The common stock of Agree Realty Corporation is listed on the New York Stock Exchange under the symbol "ADC".Read More Beat the Market (BTM) Rank™ 2.5 Analyst's Opinion Consensus RatingAgree Realty has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 9 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $75.50, Agree Realty has a potential upside of 10.0% from its current price of $68.63.Amount of Analyst CoverageAgree Realty has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Community Rank Outperform VotesAgree Realty has received 383 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAgree Realty has received 255 “underperform” votes. (Add your “underperform” vote.)Community SentimentAgree Realty has received 60.03% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Agree Realty and other stocks. Vote “Outperform” if you believe ADC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ADC will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 2.5 Dividend Strength Dividend YieldAgree Realty pays a meaningful dividend of 3.52%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAgree Realty has been increasing its dividend for 7 years.Dividend CoverageThe dividend payout ratio of Agree Realty is 77.92%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Agree Realty will have a dividend payout ratio of 71.22% next year. This indicates that Agree Realty will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Agree Realty insiders have sold 472.73% more of their company's stock than they have bought. Specifically, they have bought $23,568.00 in company stock and sold $134,980.00 in company stock.Percentage Held by InsidersOnly 2.30% of the stock of Agree Realty is held by insiders.Percentage Held by Institutions98.80% of the stock of Agree Realty is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Agree Realty are expected to grow by 5.97% in the coming year, from $3.18 to $3.37 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Agree Realty is 35.38, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.29.Price to Earnings Ratio vs. SectorThe P/E ratio of Agree Realty is 35.38, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 19.66.Price to Book Value per Share RatioAgree Realty has a P/B Ratio of 1.69. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.5Community Rank: 3.0Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.93 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryRetail REITs SectorFinance Current SymbolNYSE:ADC Previous Symbol CUSIP00849210 CIK917251 Webwww.agreerealty.com Phone248-737-4190Debt Debt-to-Equity Ratio0.36 Current Ratio0.56 Quick Ratio0.56Price-To-Earnings Trailing P/E Ratio35.38 Forward P/E Ratio21.58 P/E GrowthN/A Sales & Book Value Annual Sales$187.48 million Price / Sales19.71 Cash Flow$3.62 per share Price / Cash Flow18.94 Book Value$40.59 per share Price / Book1.69Profitability EPS (Most Recent Fiscal Year)$3.08 Net Income$80.08 million Net Margins41.98% Return on Equity5.24% Return on Assets3.33%Miscellaneous Employees36 Outstanding Shares53,851,000Market Cap$3.70 billion Next Earnings Date10/19/2020 (Estimated) OptionableOptionable $68.63 +0.38 (+0.56 %) (As of 08/7/2020 04:00 PM ET) 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 ADC and its competitors with MarketBeat's FREE daily newsletter. Agree Realty (NYSE:ADC) Frequently Asked Questions How has Agree Realty's stock been impacted by COVID-19 (Coronavirus)? Agree Realty's stock was trading at $72.55 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ADC stock has decreased by 5.4% and is now trading at $68.63. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Agree Realty? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Agree Realty in the last year. There are currently 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Agree Realty. When is Agree Realty's next earnings date? Agree Realty is scheduled to release its next quarterly earnings announcement on Monday, October 19th 2020. View our earnings forecast for Agree Realty. How were Agree Realty's earnings last quarter? Agree Realty Co. (NYSE:ADC) released its quarterly earnings data on Monday, July, 20th. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.72 by $0.25. The real estate investment trust had revenue of $57.54 million for the quarter, compared to analysts' expectations of $55.23 million. Agree Realty had a return on equity of 5.24% and a net margin of 41.98%. View Agree Realty's earnings history. How often does Agree Realty pay dividends? What is the dividend yield for Agree Realty? Agree Realty declared a quarterly dividend on Friday, May 8th. Investors of record on Friday, June 26th will be paid a dividend of $0.60 per share on Friday, July 10th. This represents a $2.40 dividend on an annualized basis and a yield of 3.50%. The ex-dividend date of this dividend is Thursday, June 25th. This is a positive change from Agree Realty's previous quarterly dividend of $0.59. View Agree Realty's dividend history. What price target have analysts set for ADC? 9 equities research analysts have issued 12 month price objectives for Agree Realty's stock. Their forecasts range from $69.00 to $82.00. On average, they anticipate Agree Realty's share price to reach $75.50 in the next twelve months. This suggests a possible upside of 10.0% from the stock's current price. View analysts' price targets for Agree Realty. Has Agree Realty been receiving favorable news coverage? Press coverage about ADC stock has trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news 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 news sentiment score of -1.9 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news about Agree Realty. Who are some of Agree Realty's key competitors? Some companies that are related to Agree Realty include Realty Income (O), Simon Property Group (SPG), Regency Centers (REG), National Retail Properties (NNN), Federal Realty Investment Trust (FRT), Kimco Realty (KIM), Taubman Centers (TCO), Weingarten Realty Investors (WRI), Retail Properties of America (RPAI), Alexander's (ALX), Retail Opportunity Investments (ROIC), Getty Realty (GTY), Macerich (MAC), Acadia Realty Trust (AKR) and Kite Realty Group Trust (KRG). View all competitors. 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), Apache (APA), Aegean Marine Petroleum Network (ANW), Charles Schwab (SCHW), Accenture (ACN), AutoZone (AZO), Hudson Technologies (HDSN), Primo Water (PRMW) and Och-Ziff Capital Management Group (OZM). Who are Agree Realty's key executives? Agree Realty's management team includes the following people: Mr. Richard A. Agree, Exec. Chairman (Age 75)Mr. Joel N. Agree, Pres, CEO & Director (Age 40)Mr. Clayton R. Thelen CPA, CFO & Sec. (Age 35)Mr. Laith M. Hermiz, COO & Exec. VP (Age 48)Mr. David A. Wolff, Chief Accounting Officer (Age 50) 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 variety of institutional and retail investors. Top institutional investors include Copper Rock Capital Partners LLC (18.57%), Principal Financial Group Inc. (3.30%), Russell Investments Group Ltd. (2.10%), Sumitomo Mitsui Trust Holdings Inc. (0.80%), Raymond James & Associates (0.52%) and Tributary Capital Management LLC (0.44%). Company insiders that own Agree Realty stock include Craig Erlich, Farris G Kalil, Greg Lehmkuhl, Jerome R Rossi, Joey Agree, John Rakolta Jr, John Rakolta, Jr, Laith Hermiz, Merrie S Frankel, Richard Agree and Simon Leopold. View institutional ownership trends for Agree Realty. Which institutional investors are selling Agree Realty stock? ADC stock was sold by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Trust Holdings Inc., Jaguar Listed Property LLC, Raymond James Financial Services Advisors Inc., WINTON GROUP Ltd, Dupont Capital Management Corp, Public Employees Retirement Association of Colorado, SG Americas Securities LLC, and Exchange Traded Concepts LLC. View insider buying and selling activity for Agree Realty. Which institutional investors are buying Agree Realty stock? ADC stock was purchased by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, Principal Financial Group Inc., Russell Investments Group Ltd., Scout Investments Inc., First Trust Advisors LP, Hill Winds Capital LP, UBS Group AG, and Strs Ohio. 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, John Rakolta, Jr, Merrie S Frankel, Richard Agree, and Simon Leopold. View insider buying and selling activity for Agree Realty. 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Agree Realty's stock price today? One share of ADC stock can currently be purchased for approximately $68.63. How big of a company is Agree Realty? Agree Realty has a market capitalization of $3.70 billion and generates $187.48 million in revenue each year. The real estate investment trust earns $80.08 million in net income (profit) each year or $3.08 on an earnings per share basis. Agree Realty employs 36 workers across the globe. 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 or via email at [email protected] This page was last updated on 8/7/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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 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. 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