Agree Realty Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Agree Realty in the last year. There are currently 1 hold rating, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Agree Realty stock.
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Agree Realty is scheduled to release its next quarterly earnings announcement on Monday, July 19th 2021.
View our earnings forecast for Agree Realty.

Agree Realty Co. (NYSE:ADC) released its earnings results on Sunday, May, 2nd. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.83 by $0.35. Agree Realty had a net margin of 37.05% and a trailing twelve-month return on equity of 4.10%.
View Agree Realty's earnings history.

Agree Realty's stock was trading at $72.55 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ADC stock has decreased by 3.2% and is now trading at $70.23.
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Agree Realty declared a monthly dividend on Thursday, June 17th. Investors of record on Wednesday, June 30th will be paid a dividend of $0.217 per share on Wednesday, July 14th. This represents a $2.60 annualized dividend and a yield of 3.71%. The ex-dividend date of this dividend is Tuesday, June 29th.
View Agree Realty's dividend history.

Agree Realty pays an annual dividend of $2.60 per share and currently has a dividend yield of 3.70%. Agree Realty does not yet have a strong track record of dividend growth. The dividend payout ratio of Agree Realty is 80.50%. 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 69.52% next year. This indicates that Agree Realty will be able to sustain or increase its dividend.
View Agree Realty's dividend history.

5 brokers have issued twelve-month price targets for Agree Realty's shares. Their forecasts range from $73.00 to $82.00. On average, they expect Agree Realty's share price to reach $75.85 in the next twelve months. This suggests a possible upside of 8.0% from the stock's current price.
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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.

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

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

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

Agree Realty's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (19.07%), Principal Financial Group Inc. (8.96%), Centersquare Investment Management LLC (3.52%), Cohen & Steers Inc. (2.72%), Zimmer Partners LP (2.34%) and Geode Capital Management LLC (1.98%). Company insiders that own Agree Realty stock include Craig Erlich, Farris G Kalil, Greg Lehmkuhl, Jerome R Rossi, Joey Agree, John Rakolta Jr, Merrie S Frankel, Simon Leopold 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 Cohen & Steers Inc., Heitman Real Estate Securities LLC, Russell Investments Group Ltd., Ameriprise Financial Inc., Carlson Capital L P, Northern Trust Corp, Weiss Multi Strategy Advisers LLC, and Nuveen Asset Management LLC.
View insider buying and selling activity for Agree Realty or view top insider-selling stocks.

ADC stock was purchased by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., BlackRock Inc., Aew Capital Management L P, Centersquare Investment Management LLC, Brookfield Asset Management Inc., Clarus Group Inc., Clarus Group Inc., and Deprince Race & Zollo Inc.. 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, Simon Leopold, and William S Rubenfaer.
View insider buying and selling activity for Agree Realty or or view top insider-buying stocks.

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.
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One share of ADC stock can currently be purchased for approximately $70.23.

Agree Realty has a market capitalization of $4.52 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 $3.23 on an earnings per share basis.

Agree Realty employs 49 workers across the globe.

Agree Realty was founded in 1971.

The official website for Agree Realty is www.agreerealty.com.

Agree Realty is headquartered at 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI, 48304.

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]