NYSE:ADC Agree Realty (ADC) Stock Price, News & Analysis → Don’t Miss Out on the AI Gold Rush That’s Just Getting Started (From Banyan Hill Publishing) (Ad) Free ADC Stock Alerts $57.54 +0.64 (+1.12%) (As of 10:58 AM ET) Add Compare Share Share Today's Range$56.90▼$57.5650-Day Range$54.90▼$58.4652-Week Range$52.69▼$69.26Volume148,479 shsAverage Volume1.05 million shsMarket Capitalization$5.79 billionP/E Ratio33.65Dividend Yield5.14%Price Target$65.61 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Agree Realty alerts: Email Address Agree Realty MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside15.3% Upside$65.61 Price TargetShort InterestBearish4.29% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.78Based on 4 Articles This WeekInsider TradingAcquiring Shares$2.40 M Bought Last QuarterProj. Earnings Growth2.94%From $4.08 to $4.20 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.67 out of 5 starsFinance Sector302nd out of 838 stocksReal Estate Investment Trusts Industry62nd out of 171 stocks 3.3 Analyst's Opinion Consensus RatingAgree Realty has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageAgree Realty has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.29% of the outstanding shares of Agree Realty have been sold short.Short Interest Ratio / Days to CoverAgree Realty has a short interest ratio ("days to cover") of 4.1.Change versus previous monthShort interest in Agree Realty has recently increased by 9.09%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipAgree Realty is a leading dividend payer. It pays a dividend yield of 5.24%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAgree Realty has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Agree Realty is 173.10%. 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 70.48% next year. This indicates that Agree Realty will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ADC. Previous Next 2.1 News and Social Media Coverage News SentimentAgree Realty has a news sentiment score of 0.78. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Agree Realty this week, compared to 5 articles on an average week.Search InterestOnly 44 people have searched for ADC on MarketBeat in the last 30 days. This is a decrease of -6% compared to the previous 30 days.MarketBeat FollowsOnly 31 people have added Agree Realty to their MarketBeat watchlist in the last 30 days. This is a decrease of -11% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Agree Realty insiders have bought more of their company's stock than they have sold. Specifically, they have bought $2,397,572.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.80% of the stock of Agree Realty is held by insiders.Percentage Held by Institutions97.83% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Agree Realty are expected to grow by 2.94% in the coming year, from $4.08 to $4.20 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Agree Realty is 33.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.72.Price to Earnings Ratio vs. SectorThe P/E ratio of Agree Realty is 33.28, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.69.Price to Earnings Growth RatioAgree Realty has a PEG Ratio of 2.62. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAgree Realty has a P/B Ratio of 1.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Banyan Hill PublishingDon’t Miss Out on the AI Gold Rush That’s Just Getting Started“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.See how you can invest alongside him About Agree Realty Stock (NYSE:ADC)Agree Realty Corporation is a publicly traded real estate investment trust that is RETHINKING RETAIL through the acquisition and development of properties net leased to industry-leading, omni-channel retail tenants. As of December 31, 2023, the Company owned and operated a portfolio of 2,135 properties, located in 49 states and containing approximately 44.2 million square feet of gross leasable area. The Company's common stock is listed on the New York Stock Exchange under the symbol "ADC".Read More ADC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ADC Stock News HeadlinesApril 18, 2024 | insidermonkey.com5 Best Monthly Dividend Stocks To Buy Right NowApril 16, 2024 | americanbankingnews.comAgree Realty (ADC) to Release Quarterly Earnings on TuesdayApril 23, 2024 | Banyan Hill Publishing (Ad)Don’t Miss Out on the AI Gold Rush That’s Just Getting Started“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.April 11, 2024 | investorplace.comPassive Income Powerhouses: 3 Dividend Growth Stocks to Buy NOWApril 11, 2024 | seekingalpha.comAn Important Warning For High Yield InvestorsApril 10, 2024 | investing.comAgree Realty hikes dividend after solid growthApril 9, 2024 | incomeinvestors.comAgree Realty Stock a 5%-Yielder for Monthly Income SeekersApril 9, 2024 | marketwatch.comAgree Realty Raises Monthly Dividend 1.2%April 23, 2024 | Banyan Hill Publishing (Ad)Don’t Miss Out on the AI Gold Rush That’s Just Getting Started“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.April 9, 2024 | msn.comAgree Realty raises dividend by 1.2% to $0.25 a shareApril 8, 2024 | finance.yahoo.comAgree Realty Announces First Quarter 2024 Earnings Release Date and Conference Call InformationApril 8, 2024 | prnewswire.comAgree Realty Declares Increased Monthly Common DividendApril 8, 2024 | investorplace.comThe 7 Best REITs to Buy in April 2024April 2, 2024 | seekingalpha.comFederal Realty Investment: Attractive Moment To Enter This Dividend KingMarch 25, 2024 | seekingalpha.comAgree Realty: A Top Dividend Stock To Buy Before The Fed Cuts RatesMarch 21, 2024 | seekingalpha.comAgree Realty: Why I Bought The 5.3% Yielding CommonsMarch 20, 2024 | investorplace.comUncertain Times Call for Certain Yields: 7 High-Yield Dividend Stocks to Buy NowMarch 20, 2024 | finance.yahoo.com12 Best High Dividend Stocks Under $100March 16, 2024 | nasdaq.comGuru Fundamental Report for ADC - Martin ZweigMarch 16, 2024 | ca.finance.yahoo.comADC Apr 2024 30.000 callMarch 13, 2024 | benzinga.comHow Is The Market Feeling About Agree Realty?March 9, 2024 | fool.com3 Deeply Discounted REITs to BuyMarch 7, 2024 | markets.businessinsider.comExpert Outlook: Agree Realty Through The Eyes Of 12 AnalystsFebruary 27, 2024 | investorplace.com3 Top REITs to Strengthen Your Portfolio in Q1February 27, 2024 | finance.yahoo.comBuy These REITs for Reliable Monthly IncomeFebruary 27, 2024 | investorplace.com3 Stocks Flashing Recent Insider Buying SignalsFebruary 27, 2024 | finance.yahoo.comAgree Realty Corporation (ADC) stock forecast and price targetSee More Headlines Receive ADC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Agree Realty and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/05/2023Ex-Dividend for 4/12 Dividend3/27/2024Dividend Payable4/12/2024Today4/22/2024Next Earnings (Confirmed)4/23/2024Ex-Dividend for 5/14 Dividend4/29/2024Dividend Payable5/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryRetail REITs Current SymbolNYSE:ADC CUSIP00849210 CIK917251 Webwww.agreerealty.com Phone(248) 737-4190Fax248-737-9110Employees72Year Founded1971Price Target and Rating Average Stock Price Target$65.61 High Stock Price Target$71.00 Low Stock Price Target$60.00 Potential Upside/Downside+15.3%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$1.71 Trailing P/E Ratio33.28 Forward P/E Ratio13.95 P/E Growth2.62Net Income$169.96 million Net Margins31.62% Pretax Margin31.73% Return on Equity3.48% Return on Assets2.29% Debt Debt-to-Equity Ratio0.48 Current Ratio0.74 Quick Ratio0.74 Sales & Book Value Annual Sales$537.49 million Price / Sales10.65 Cash Flow$3.85 per share Price / Cash Flow14.80 Book Value$49.99 per share Price / Book1.14Miscellaneous Outstanding Shares100,630,000Free Float98,818,000Market Cap$5.73 billion OptionableOptionable Beta0.52 Social Links These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMr. Richard A. Agree (Age 80)Executive Chairman of the Board Mr. Joel N. Agree (Age 45)President, CEO & Director Comp: $4.01MMr. Peter Coughenour (Age 31)CFO, Secretary & Investor Relations Professional Comp: $973.68kMs. Nicole Witteveen (Age 34)Chief Operating Officer Comp: $518.49kMs. Danielle M. Spehar (Age 56)General Counsel Comp: $711.53kMr. Craig Erlich (Age 56)Chief Growth Officer Comp: $1.05MMr. Stephen BreslinChief Accounting OfficerMr. Brian Michael HawthorneDirector of Corporate FinanceMr. Larry KaufmanChief Information Officer & VP of Continuous ImprovementMr. Josh BrattonDirector of DevelopmentMore ExecutivesKey CompetitorsPS Business ParksNYSE:PSBSpirit Realty CapitalNYSE:SRCRayonierNYSE:RYNKite Realty Group TrustNYSE:KRGWeingarten Realty InvestorsNYSE:WRIView All CompetitorsInsiders & InstitutionsRaymond James Financial Services Advisors Inc.Bought 1,622 shares on 4/23/2024Ownership: 0.059%Raymond James & AssociatesBought 49,409 shares on 4/22/2024Ownership: 0.321%Sumitomo Mitsui Trust Holdings Inc.Bought 12,159 shares on 4/19/2024Ownership: 0.881%State of Alaska Department of RevenueBought 297 shares on 4/19/2024Ownership: 0.058%Azzad Asset Management Inc. ADVBought 3,951 shares on 4/19/2024Ownership: 0.010%View All Insider TransactionsView All Institutional Transactions ADC Stock Analysis - Frequently Asked Questions Should I buy or sell Agree Realty stock right now? 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Agree Realty in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ADC shares. View ADC analyst ratings or view top-rated stocks. What is Agree Realty's stock price target for 2024? 9 Wall Street analysts have issued 12 month price objectives for Agree Realty's shares. Their ADC share price targets range from $60.00 to $71.00. On average, they predict the company's share price to reach $65.61 in the next year. This suggests a possible upside of 15.3% from the stock's current price. View analysts price targets for ADC or view top-rated stocks among Wall Street analysts. How have ADC shares performed in 2024? Agree Realty's stock was trading at $62.95 on January 1st, 2024. Since then, ADC stock has decreased by 9.6% and is now trading at $56.91. View the best growth stocks for 2024 here. Are investors shorting Agree Realty? Agree Realty saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 3,960,000 shares, an increase of 16.5% from the February 29th total of 3,400,000 shares. Based on an average daily trading volume, of 1,060,000 shares, the short-interest ratio is currently 3.7 days. View Agree Realty's Short Interest. When is Agree Realty's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024. View our ADC earnings forecast. How can I listen to Agree Realty's earnings call? Agree Realty will be holding an earnings conference call on Wednesday, April 24th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Agree Realty's earnings last quarter? Agree Realty Co. (NYSE:ADC) issued its quarterly earnings results on Friday, May, 5th. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.96 by $0.52. The real estate investment trust earned $126.62 million during the quarter, compared to analysts' expectations of $124.55 million. Agree Realty had a trailing twelve-month return on equity of 3.48% and a net margin of 31.62%. During the same quarter last year, the company posted $0.97 earnings per share. How often does Agree Realty pay dividends? What is the dividend yield for Agree Realty? Agree Realty announced a monthly dividend on Monday, April 8th. Investors of record on Tuesday, April 30th will be given a dividend of $0.25 per share on Tuesday, May 14th. This represents a $3.00 annualized dividend and a dividend yield of 5.27%. The ex-dividend date is Monday, April 29th. This is a positive change from the stock's previous monthly dividend of $0.25. Read our dividend analysis for ADC. Is Agree Realty a good dividend stock? Agree Realty (NYSE:ADC) pays an annual dividend of $2.96 per share and currently has a dividend yield of 5.24%. ADC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 173.10%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ADC will have a dividend payout ratio of 70.48% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ADC. What ETFs hold Agree Realty's stock? ETFs with the largest weight of Agree Realty (NYSE:ADC) stock in their portfolio include NETLease Corporate Real Estate ETF (NETL), Janus Henderson U.S. Real Estate ETF (JRE), Invesco Real Assets ESG ETF (IVRA), JPMorgan Realty Income ETF (JPRE), AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG), Invesco S&P MidCap Low Volatility ETF (XMLV), InfraCap Equity Income Fund ETF (ICAP) and iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV). What is Richard Agree's approval rating as Agree Realty's CEO? 1 employees have rated Agree Realty Chief Executive Officer Richard Agree on Glassdoor.com. Richard Agree has an approval rating of 100% among the company's employees. This puts Richard Agree in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 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), Aegean Marine Petroleum Network (ANW), Accenture (ACN), Charles Schwab (SCHW), AutoZone (AZO), Hudson Technologies (HDSN), Och-Ziff Capital Management Group (OZM) and Vicor (VICR). Who are Agree Realty's major shareholders? Agree Realty's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.88%), Allspring Global Investments Holdings LLC (0.83%), Raymond James & Associates (0.32%), Hazelview Securities Inc. (0.28%), Tributary Capital Management LLC (0.26%) and Community Bank of Raymore (0.07%). Insiders that own company stock include Craig Erlich, Greg Lehmkuhl, Joey Agree, John Rakolta Jr, Merrie S Frankel, Merrie S Frankel, Peter Coughenour, Richard Agree and Stephen Breslin. View institutional ownership trends. How do I buy shares of Agree Realty? Shares of ADC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:ADC) was last updated on 4/23/2024 by MarketBeat.com Staff From Our PartnersThe A.I. story nobody is telling you (Read ASAP)TradeSmithHealthcare Takes A Big Step Forward With The Help Of AIThe Bull ReportThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill Publishingtop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsExposed: 10 CENT Crypto to Explode April 20th?True Market Insiders[Shocking] Elon Musk’s Plan To End BanksCrypto 101 Media Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. Get 30 Days of MarketBeat All Access Free 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 from 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. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.