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 announced 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 dividend yield of 3.12%. 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 earnings per share for the quarter, topping analysts' consensus estimates of $0.42 by $0.06. The real estate investment trust had revenue of $48.08 million for 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 Wall Street analysts have issued 1 year target prices for Agree Realty's stock. Their forecasts range from $73.00 to $82.00. On average, they anticipate Agree Realty's stock price to reach $80.20 in the next twelve months. This suggests a possible upside of 6.8% 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.

News articles about ADC stock have trended somewhat negative recently, InfoTrie reports. The research group ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Agree Realty earned a news impact score of -1.4 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact 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 the month of January. As of January 15th, there was short interest totalling 5,140,000 shares, a drop of 13.2% from the December 31st total of 5,920,000 shares. Based on an average daily trading volume, of 385,500 shares, the short-interest ratio is presently 13.3 days. Currently, 12.5% of the shares of the stock are short sold. 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 many different 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 California Public Employees Retirement System (0.20%). 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 Arizona State Retirement System, Jaguar Listed Property LLC, Virginia Retirement Systems ET AL, Tributary Capital Management LLC, Huntington National Bank, Louisiana State Employees Retirement System, Zurcher Kantonalbank Zurich Cantonalbank and Meritage Portfolio Management. View Insider Buying and Selling for Agree Realty.

ADC stock was purchased by a variety of institutional investors in the last quarter, including Scout Investments Inc., Exchange Traded Concepts LLC, Dupont Capital Management Corp, New York State Teachers Retirement System, State of Alaska Department of Revenue, Exane Derivatives, J.W. Cole Advisors Inc. and Nisa Investment Advisors 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 $75.09.

Agree Realty has a market capitalization of $3.18 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]