Agree Realty (NYSE:ADC) Stock Price Expected to Rise, Robert W. Baird Analyst Says

Agree Realty (NYSE:ADC) had its price target raised by stock analysts at Robert W. Baird from $80.00 to $82.00 in a research note issued on Wednesday,Benzinga reports. The firm currently has an “outperform” rating on the real estate investment trust’s stock. Robert W. Baird’s price objective would suggest a potential upside of 6.14% from the stock’s current price.

A number of other equities analysts have also recently weighed in on ADC. Barclays upped their price objective on shares of Agree Realty from $81.00 to $86.00 and gave the company an “equal weight” rating in a research report on Tuesday. Truist Financial upped their price objective on shares of Agree Realty from $79.00 to $82.00 and gave the company a “buy” rating in a research report on Monday, March 23rd. Wall Street Zen cut shares of Agree Realty from a “hold” rating to a “sell” rating in a research report on Saturday, April 18th. Stifel Nicolaus upped their price objective on shares of Agree Realty from $83.50 to $84.50 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Finally, Royal Bank Of Canada upped their price objective on shares of Agree Realty from $79.00 to $81.00 and gave the company an “outperform” rating in a research report on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $84.50.

Agree Realty Stock Performance

NYSE:ADC opened at $77.25 on Wednesday. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.83 and a quick ratio of 0.81. The firm has a 50-day moving average of $78.18 and a two-hundred day moving average of $74.83. The stock has a market cap of $9.28 billion, a P/E ratio of 41.76, a PEG ratio of 2.59 and a beta of 0.53. Agree Realty has a 1-year low of $69.56 and a 1-year high of $82.08.

Agree Realty (NYSE:ADC) last posted its quarterly earnings data on Tuesday, April 21st. The real estate investment trust reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.03. The company had revenue of $211.49 million during the quarter, compared to analysts’ expectations of $195.73 million. Agree Realty had a net margin of 29.25% and a return on equity of 3.95%. The firm’s revenue for the quarter was up 18.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.42 EPS. Agree Realty has set its FY 2026 guidance at 4.540-4.580 EPS. On average, research analysts expect that Agree Realty will post 4.42 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Agree Realty

Several large investors have recently modified their holdings of ADC. Evergreen Capital Management LLC boosted its holdings in Agree Realty by 2.7% during the fourth quarter. Evergreen Capital Management LLC now owns 5,946 shares of the real estate investment trust’s stock worth $430,000 after buying an additional 154 shares in the last quarter. AE Wealth Management LLC boosted its holdings in Agree Realty by 3.5% during the third quarter. AE Wealth Management LLC now owns 4,653 shares of the real estate investment trust’s stock worth $331,000 after buying an additional 156 shares in the last quarter. IFP Advisors Inc boosted its holdings in Agree Realty by 18.2% during the third quarter. IFP Advisors Inc now owns 1,111 shares of the real estate investment trust’s stock worth $79,000 after buying an additional 171 shares in the last quarter. QRG Capital Management Inc. boosted its holdings in Agree Realty by 5.4% during the third quarter. QRG Capital Management Inc. now owns 3,395 shares of the real estate investment trust’s stock worth $241,000 after buying an additional 174 shares in the last quarter. Finally, HighPoint Advisor Group LLC boosted its holdings in Agree Realty by 5.8% during the third quarter. HighPoint Advisor Group LLC now owns 3,162 shares of the real estate investment trust’s stock worth $225,000 after buying an additional 174 shares in the last quarter. Institutional investors own 97.83% of the company’s stock.

Agree Realty News Roundup

Here are the key news stories impacting Agree Realty this week:

• Positive Sentiment: Q1 results beat expectations — EPS topped estimates and revenue rose ~18.7% year‑over‑year; management set FY2026 EPS guidance of 4.540–4.580, signaling confidence in earnings power. Agree Realty stock rises on Q1 earnings beat, strong liquidity position
• Positive Sentiment: Management deployed nearly $425 million across three external growth platforms in Q1, showing active capital deployment and growth execution that supports future rent/fee income. Agree Realty Corporation (ADC) – Among the 10 Monthly Dividend Stocks to Buy and Hold Forever
• Positive Sentiment: Dividend profile and shareholder yield remain a tailwind; ADC is being highlighted among monthly dividend stocks, which can attract income‑oriented buyers. Agree Realty monthly dividend stock mention
• Positive Sentiment: Analyst support: Robert W. Baird raised its price target to $82 and maintained an Outperform rating, adding a near‑term upside catalyst for investors. Benzinga: Baird raises price target
• Neutral Sentiment: Earnings call materials and full transcript are available for deeper review — useful for assessing leasing, rent escalations, occupancy and capital allocation details. Earnings call transcript Earnings presentation
• Neutral Sentiment: Recent pieces analyzing valuation and the dividend raise provide context on whether the current multiple is justified by growth and cash flow — read for perspective on entry valuation. A Look At Agree Realty Valuation
• Negative Sentiment: Valuation is elevated (PE ~41.8) which could limit upside if growth or guidance disappoints; ADC already trades near recent highs, so expectations are high.
• Negative Sentiment: Short‑term liquidity ratios (current and quick ~0.8) are below 1.0 — while management cites strong liquidity overall, these metrics are worth monitoring alongside debt levels.

Agree Realty Company Profile

Agree Realty Corporation (NYSE: ADC) is a publicly traded real estate investment trust headquartered in Chicago, Illinois. Founded in 1971, the company converted to a REIT structure in 2013 and focuses on acquiring, developing and managing a diversified portfolio of retail properties under long-term, triple-net (NNN) leases. Its tenant roster spans national and regional retailers in sectors such as grocery, home improvement, convenience and specialty retail.

Agree Realty’s primary business activities include sourcing and underwriting new property acquisitions, originating build-to-suit projects and executing value-add redevelopment programs.