Agree Realty Stock Forecast, Price & News

$71.61
+0.19 (+0.27 %)
(As of 09/16/2021 04:00 PM ET)
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Today's Range
$70.94
$71.80
50-Day Range
$70.19
$75.44
52-Week Range
$61.27
$75.95
Volume393,044 shs
Average Volume629,030 shs
Market Capitalization$4.94 billion
P/E Ratio43.93
Dividend Yield3.64%
Beta0.31
30 days | 90 days | 365 days | Advanced Chart
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About Agree Realty

Agree 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.

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MarketRank

Overall MarketRank

2.44 out of 5 stars

Finance Sector

272nd out of 1,329 stocks

Real Estate Investment Trusts Industry

57th out of 219 stocks

Analyst Opinion: 3.5Community Rank: 4.9Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -
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Agree Realty (NYSE:ADC) Frequently Asked Questions

Is Agree Realty a buy right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Agree Realty in the last twelve months. There are currently 1 hold rating, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Agree Realty stock.
View analyst ratings for Agree Realty
or view top-rated stocks.

What stocks does MarketBeat like better than Agree Realty?

Wall Street analysts have given Agree Realty a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Agree Realty wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Agree Realty's next earnings date?

Agree Realty is scheduled to release its next quarterly earnings announcement on Monday, October 18th 2021.
View our earnings forecast for Agree Realty
.

How were Agree Realty's earnings last quarter?

Agree Realty Co. (NYSE:ADC) posted its earnings results on Sunday, July, 25th. The real estate investment trust reported $0.34 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.46 by $0.12. Agree Realty had a trailing twelve-month return on equity of 3.64% and a net margin of 32.93%.
View Agree Realty's earnings history
.

How has Agree Realty's stock price been impacted by COVID-19 (Coronavirus)?

Agree Realty's stock was trading at $72.55 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ADC shares have decreased by 1.3% and is now trading at $71.61.
View which stocks have been most impacted by COVID-19
.

How often does Agree Realty pay dividends? What is the dividend yield for Agree Realty?

Agree Realty announced a monthly dividend on Tuesday, August 17th. Shareholders of record on Tuesday, August 31st will be paid a dividend of $0.217 per share on Tuesday, September 14th. This represents a $2.60 annualized dividend and a dividend yield of 3.64%. The ex-dividend date is Monday, August 30th.
View Agree Realty's dividend history
.

Is Agree Realty a good dividend stock?

Agree Realty pays an annual dividend of $2.60 per share and currently has a dividend yield of 3.64%. 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 68.24% next year. This indicates that Agree Realty will be able to sustain or increase its dividend.
View Agree Realty's dividend history.

What price target have analysts set for ADC?

7 brokerages have issued 1-year price targets for Agree Realty's stock. Their forecasts range from $74.25 to $83.00. On average, they expect Agree Realty's stock price to reach $79.89 in the next twelve months. This suggests a possible upside of 11.6% from the stock's current price.
View analysts' price targets for Agree Realty
or view top-rated stocks among Wall Street analysts.

Who are Agree Realty's key executives?

Agree Realty's management team includes the following people:
  • Joel N. Agree, President, Chief Executive Officer & Director
  • Craig Erlich, Chief Operating Officer
  • Peter Coughenour, Chief Financial Officer
  • Laith M. Hermiz, Executive Vice President-Real Estate
  • Josh Bratton, Development Director

What is Richard Agree's approval rating as Agree Realty's CEO?

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.

Who are some of Agree Realty's key 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), (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).

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 retail and institutional investors. Top institutional investors include BlackRock Inc. (19.05%), Vanguard Group Inc. (15.27%), Principal Financial Group Inc. (9.39%), Jefferies Group LLC (5.48%), State Street Corp (5.02%) and Deutsche Bank AG (2.34%). Company insiders that own Agree Realty stock include Craig Erlich, 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
.

Which major investors are selling Agree Realty stock?

ADC stock was sold by a variety of institutional investors in the last quarter, including Heitman Real Estate Securities LLC, Millennium Management LLC, Bank of America Corp DE, Prudential Financial Inc., William Blair Investment Management LLC, Goldman Sachs Group Inc., Quantitative Systematic Strategies LLC, and Wells Fargo & Company MN.
View insider buying and selling activity for Agree Realty
or view top insider-selling stocks.

Which major investors are buying Agree Realty stock?

ADC stock was bought by a variety of institutional investors in the last quarter, including Jefferies Group LLC, Vanguard Group Inc., BlackRock Inc., Principal Financial Group Inc., Brookfield Asset Management Inc., Deutsche Bank AG, Morgan Stanley, and Morgan Stanley. 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.

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 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 $71.61.

How much money does Agree Realty make?

Agree Realty has a market capitalization of $4.94 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.

How many employees does Agree Realty have?

Agree Realty employs 2,018 workers across the globe.

When was Agree Realty founded?

Agree Realty was founded in 1971.

What is Agree Realty's official website?

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

Where are Agree Realty's headquarters?

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

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 9/16/2021 by MarketBeat.com Staff
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