Agree Realty Corporation (ADC)
NYSE: ADC · Real-Time Price · USD
74.25
-0.54 (-0.72%)
Oct 31, 2024, 4:00 PM EDT - Market closed
Agree Realty Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Agree Realty stock have an average target of 73.96, with a low estimate of 62 and a high estimate of 80. The average target predicts a decrease of -0.39% from the current stock price of 74.25.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Agree Realty stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 2 | 4 | 4 | 3 |
| Buy | 4 | 5 | 5 | 5 | 5 | 7 |
| Hold | 4 | 4 | 4 | 4 | 4 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 12 | 11 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $77 → $80 | Strong Buy | Maintains | $77 → $80 | +7.74% | Oct 30, 2024 |
| Baird | Baird | Buy Maintains $67 → $76 | Buy | Maintains | $67 → $76 | +2.36% | Oct 29, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $79 → $80 | Buy | Maintains | $79 → $80 | +7.74% | Oct 24, 2024 |
| UBS | UBS | Hold Maintains $72 → $77 | Hold | Maintains | $72 → $77 | +3.70% | Oct 16, 2024 |
| Keybanc | Keybanc | Buy Maintains $68 → $80 | Buy | Maintains | $68 → $80 | +7.74% | Oct 4, 2024 |
Financial Forecast
Revenue This Year
603.61M
Revenue Next Year
651.09M
from 603.61M
Increased by 7.87%
EPS This Year
1.81
from 1.70
Increased by 6.43%
EPS Next Year
1.85
from 1.81
Increased by 2.31%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 650.1M | 726.6M | 849.8M | ||
| Avg | 603.6M | 651.1M | 725.2M | ||
| Low | 530.8M | 553.7M | 596.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 20.4% | 30.5% | ||
| Avg | - | 7.9% | 11.4% | ||
| Low | - | -8.3% | -8.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.95 | 2.14 | 2.38 | ||
| Avg | 1.81 | 1.85 | 1.97 | ||
| Low | 1.60 | 1.61 | 1.66 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.9% | 18.4% | 28.8% | ||
| Avg | 6.4% | 2.3% | 6.6% | ||
| Low | -6.0% | -11.2% | -10.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.