NYSE:ADC Agree Realty (ADC) Stock Price, News & Analysis → “Retirement Secret” Showed 995% Gain Last Time We Shared It (From Stansberry Research) (Ad) Free ADC Stock Alerts $58.22 -0.15 (-0.26%) (As of 12:32 PM ET) Add Compare Share Share Today's Range$57.67▼$58.2350-Day Range$54.90▼$58.4652-Week Range$52.69▼$69.26Volume241,292 shsAverage Volume1.06 million shsMarket Capitalization$5.86 billionP/E Ratio34.25Dividend Yield5.08%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/Downside13.2% Upside$65.61 Price TargetShort InterestBearish4.29% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.68Based on 16 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.3.81 out of 5 starsFinance Sector329th out of 859 stocksReal Estate Investment Trusts Industry69th out of 181 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 5.15%, 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 174.12%. 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 2.6 News and Social Media Coverage News SentimentAgree Realty has a news sentiment score of 0.68. 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 0.51 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 16 news articles for Agree Realty this week, compared to 5 articles on an average week.Search InterestOnly 36 people have searched for ADC on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat FollowsOnly 34 people have added Agree Realty to their MarketBeat watchlist in the last 30 days. This is a decrease of -3% 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 34.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.92.Price to Earnings Ratio vs. SectorThe P/E ratio of Agree Realty is 34.09, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.86.Price to Earnings Growth RatioAgree Realty has a PEG Ratio of 2.66. 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 1.16. 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 Stansberry ResearchSee this before next week's Fed meetingSee this before next week's Fed Meeting Doc Eifrig just released a new video detailing "the perilous moment Americans are in right now." Angry voters, mounting government debt, and blood in the streets… But he's got a way out – a unique way to come out on top no matter who wins this presidential election. (Last time we shared this, it led to a 995% gain.) Click here to see it. 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 25, 2024 | finance.yahoo.comAgree Realty Corp (ADC) Q1 2024 Earnings Call Transcript Highlights: Strategic Growth and ...April 25, 2024 | finance.yahoo.comQ1 2024 Agree Realty Corp Earnings CallApril 25, 2024 | Stansberry Research (Ad)See this before next week's Fed meetingSee this before next week's Fed Meeting Doc Eifrig just released a new video detailing "the perilous moment Americans are in right now." Angry voters, mounting government debt, and blood in the streets… But he's got a way out – a unique way to come out on top no matter who wins this presidential election. (Last time we shared this, it led to a 995% gain.) April 24, 2024 | markets.businessinsider.comStrong Start and Positive Growth Outlook Affirm Buy Rating for Agree RealtyApril 24, 2024 | seekingalpha.comAgree Realty Q1 Earnings: Key Takeaways That Earn The Stock A Strong BuyApril 23, 2024 | markets.businessinsider.comBuy Rating Affirmed for Agree Realty on Robust Guidance and Growth ProspectsApril 23, 2024 | investorplace.comADC Stock Earnings: Agree Realty Beats EPS, Beats Revenue for Q1 2024April 23, 2024 | sfgate.comAgree Realty: Q1 Earnings SnapshotApril 25, 2024 | Stansberry Research (Ad)See this before next week's Fed meetingSee this before next week's Fed Meeting Doc Eifrig just released a new video detailing "the perilous moment Americans are in right now." Angry voters, mounting government debt, and blood in the streets… But he's got a way out – a unique way to come out on top no matter who wins this presidential election. (Last time we shared this, it led to a 995% gain.) April 23, 2024 | msn.comAgree Realty (ADC) Q1 FFO and Revenues Surpass EstimatesApril 23, 2024 | finance.yahoo.comAgree Realty Corp (ADC) Q1 2024 Earnings: Surpasses Analyst Revenue ForecastsApril 23, 2024 | prnewswire.comAgree Realty Corporation Reports First Quarter 2024 ResultsApril 18, 2024 | insidermonkey.com5 Best Monthly Dividend Stocks To Buy Right NowApril 16, 2024 | americanbankingnews.comAgree Realty (ADC) to Release Quarterly Earnings on TuesdayApril 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 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 NowSee 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 Payable4/12/2024Today4/25/2024Ex-Dividend for 5/14 Dividend4/29/2024Dividend Payable5/14/2024Next Earnings (Estimated)8/06/2024Fiscal 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+12.4%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$1.71 Trailing P/E Ratio34.13 Forward P/E Ratio14.30 P/E Growth2.63Net 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 / Sales10.93 Cash Flow$3.92 per share Price / Cash Flow14.89 Book Value$49.99 per share Price / Book1.17Miscellaneous Outstanding Shares100,630,000Free Float98,818,000Market Cap$5.87 billion OptionableOptionable Beta0.52 Social Links Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. 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 CompetitorsSpirit Realty CapitalNYSE:SRCPS Business ParksNYSE:PSBKite Realty Group TrustNYSE:KRGRayonierNYSE:RYNWeingarten Realty InvestorsNYSE:WRIView All CompetitorsInsiders & InstitutionsRaymond James Financial Services Advisors Inc.Bought 1,622 shares on 4/23/2024Ownership: 0.059%Amalgamated BankSold 7,122 shares on 4/23/2024Ownership: 0.054%Louisiana State Employees Retirement SystemBought 700 shares on 4/23/2024Ownership: 0.029%Fifth Third BancorpBought 305 shares on 4/23/2024Ownership: 0.004%Raymond James & AssociatesBought 49,409 shares on 4/22/2024Ownership: 0.321%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 analysts have issued "buy," "hold," and "sell" ratings for Agree Realty in the last twelve months. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street 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 research analysts have issued 1-year target prices for Agree Realty's stock. Their ADC share price targets range from $60.00 to $71.00. On average, they anticipate the company's stock price to reach $65.61 in the next twelve months. This suggests a possible upside of 13.2% 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 at the beginning of the year. Since then, ADC stock has decreased by 7.9% and is now trading at $57.95. View the best growth stocks for 2024 here. Are investors shorting Agree Realty? Agree Realty saw a increase in short interest during 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 days-to-cover 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, August 6th 2024. View our ADC earnings forecast. How were Agree Realty's earnings last quarter? Agree Realty Co. (NYSE:ADC) released its quarterly earnings results on Friday, May, 5th. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.96 by $0.52. The real estate investment trust earned $126.62 million during the quarter, compared to analyst estimates of $124.55 million. Agree Realty had a trailing twelve-month return on equity of 3.49% and a net margin of 30.91%. During the same quarter in the prior year, the company earned $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. Stockholders of record on Tuesday, April 30th will be paid a dividend of $0.25 per share on Tuesday, May 14th. This represents a $3.00 annualized dividend and a yield of 5.18%. 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 5.15%. 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 174.12%. 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 guidance has Agree Realty issued on next quarter's earnings? Agree Realty updated its FY 2024 earnings guidance on Tuesday, April, 23rd. The company provided earnings per share (EPS) guidance of 4.100-4.130 for the period, compared to the consensus earnings per share estimate of 4.070. The company issued revenue guidance of -. 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 variety of retail and institutional investors. Top institutional investors 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 4/25/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThis Apple-like Innovator is Revolutionizing HealthcareWall Street Star“The Biggest Bubble of All Time” – Here’s What to Do.Chaikin Analyticstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyBetter than Bitcoin? 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