Agree Realty Corporation (ADC)
| Market Cap | 8.27B |
| Revenue (ttm) | 636.80M |
| Net Income (ttm) | 183.42M |
| Shares Out | 110.15M |
| EPS (ttm) | 1.77 |
| PE Ratio | 42.43 |
| Forward PE | 41.27 |
| Dividend | $3.03 (4.04%) |
| Ex-Dividend Date | May 30, 2025 |
| Volume | 1,002,703 |
| Open | 74.76 |
| Previous Close | 74.50 |
| Day's Range | 74.21 - 75.31 |
| 52-Week Range | 58.52 - 79.65 |
| Beta | 0.58 |
| Analysts | Buy |
| Price Target | 80.88 (+7.78%) |
| Earnings Date | Apr 22, 2025 |
About 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 March 31, 2025, the Company owned and operated a portfolio of 2,422 properties, located in all 50 states and containing approximately 50.3 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]
Financial Performance
In 2024, Agree Realty's revenue was $617.10 million, an increase of 14.81% compared to the previous year's $537.50 million. Earnings were $181.28 million, an increase of 11.82%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for ADC stock is "Buy." The 12-month stock price forecast is $80.88, which is an increase of 7.78% from the latest price.
News
REITs: The Riches Are In The Niches
REITs offer diversified, inflation-hedged income and capital appreciation, making them a compelling addition to any long-term investment portfolio. Current REIT valuations are attractive, with strong ...
Agree Realty Preferred - Its Yield Is Starting To Make Sense
Agree Realty Corporation 4.250% DEP PFD A possesses a current yield of 6%+, a 200 basis point premium to Agree Realty's common shares. The REIT's growth outlook remains strong given the myriad of macr...
If I Could Only Buy 2 High-Yield REITs Today
REITs have been in the penalty box for nearly 3.5 years now. This has opened up some highly compelling opportunities in the sector. I share my top 2 high-yield REIT picks right now.
REIT Roulette: Why I'm Overweight Net Lease
Diversification is key in REIT investing, mirroring my roulette strategy—spread bets across sectors for optimal risk-adjusted returns. Net lease REITs offer stability and steady dividends, outperformi...
The REIT Way To SWAN With These 5 Monthly Dividend Payers
I highlight five SWAN (Sleep Well At Night) REITs that pay monthly dividends and offer strong balance sheets, attractive yields, and growth potential. Realty Income, Healthpeak, Agree Realty, LTC Prop...
Buy The Dip: 2 Blue-Chip High Yields Getting Way Too Cheap
I focus on buying high-quality, high-yielding dividend growth stocks. When they go on sale, I pounce. I share two that are trading at highly compelling opportunities after recent pullbacks.
Agree Realty Announces Pricing of $400 Million of 5.600% Senior Unsecured Notes Due 2035
Inclusive of Prior Hedging Activity the All-In Interest Rate of the Notes is 5.35% ROYAL OAK, Mich. , May 14, 2025 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced ...
5 U.S. REITs Announce Dividend Increases In April
Five publicly traded real estate investment trusts in the US announced increases to their regular dividend payments in April, according to S&P Global Market Intelligence data. The total number of publ...
Agree Realty Declares Monthly Common and Preferred Dividends
ROYAL OAK, Mich. , May 13, 2025 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that its Board of Directors has authorized, and the Company has declared, a monthly...
Hard To Imagine Retirement Income Portfolio Without These 2 Picks
Typically, investors put a focus on high-yield securities if the goal is to live off from portfolio income streams. These high-yielding securities come from BDC, REIT, MLP, CEF and other value-oriente...
Agree Realty: Premium Valuation, But Still Worth Considering
Agree Realty has outperformed peers and the S&P 500 since our last update, driven by a strong dividend yield and share price recovery. Even with the greater volatility that the broader market has been...
A Ranking Of Net-Lease REITs By Investment Spread For Q1 2025
In Q1 2025, VICI, GLPI, Agree, and Realty Income generated positive investment spreads and total returns exceeding their cost of equity, making them attractive investments. EPRT and STAG have negative...
Agree Realty: Outperforming Net Lease (Rating Downgrade)
Economic uncertainty and volatility in 2025 present long-term investment opportunities, especially in high-quality commercial real estate like ADC. ADC has a strong track record, with a compound annua...
Agree Realty: Now That's What I Call A Serious Long-Term Investment
Agree Realty represents a defensive stock of high quality that investors should consider for long-term income generation because it offers a secure 4% dividend yield and resilient growth. The company ...
3 Once-In-A-Decade REIT Opportunities
REITs are priced at the lowest valuations since 2009. After a long bear market, REITs are getting ready to recover. Some REITs will richly reward shareholders. Here are 3 once-in-a-decade opportunitie...
Agree Realty: The Steady Eddy Monthly Payer You Need Amidst Market Uncertainty
Agree Realty Corporation offers a solid monthly yield of nearly 3%, a recession-resistant portfolio, and astute management, making it a strong buy despite seeming expensive. Q1 2025 earnings showed ro...
Tensions Ease Ahead Of Critical Week
US equity markets resumed their recovery this week from the "liberation day" plunge after the White House negotiated trade deals with several nations and indicated plans to ease China tariffs. Trimmin...
Forget Gold, Buy Dividends - 3 Great Places To Buy Income
Gold is experiencing a strong rally, with rising demand due to economic uncertainty and market volatility. However, despite its appeal as a safe haven, I prefer dividend stocks over gold. Gold has a l...
Agree Realty Announces Exercise of Underwriters' Option and Closing of Forward Offering of Common Stock
ROYAL OAK, Mich. , April 25, 2025 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that it has completed its public offering of 5,175,000 shares of its common stock...
Agree Realty Announces Pricing of Forward Common Stock Offering
ROYAL OAK, Mich. , April 23, 2025 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced the pricing of its public offering of 4,500,000 shares of its common stock at a p...
Agree Realty Announces Common Stock Offering
ROYAL OAK, Mich. , April 23, 2025 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that it commenced an underwritten public offering of 4,500,000 shares of its comm...
Agree Realty Corporation (ADC) Q1 2025 Earnings Call Transcript
Agree Realty Corporation (NYSE:ADC) Q1 2025 Earnings Conference Call April 23, 2025 9:00 AM ET Company Participants Reuben Treatman - Senior Director of Corporate Finance Joey Agree - President and C...
2 Oversold Industrial Powerhouses Long-Term Dividend Investors Should Consider
Prologis and EastGroup Properties are trading below historical averages, presenting a buying opportunity for long-term dividend investors amid market volatility. Both REITs have robust balance sheets,...