Agree Realty Corporation (ADC)
| Market Cap | 9.17B +9.2% |
| Revenue (ttm) | 750.05M +17.8% |
| Net Income | 211.53M +14.7% |
| EPS | 1.85 +4.7% |
| Shares Out | 120.26M |
| PE Ratio | 41.16 |
| Forward PE | 38.65 |
| Dividend | $3.14 (4.12%) |
| Ex-Dividend Date | Apr 30, 2026 |
| Volume | 771,629 |
| Open | 76.64 |
| Previous Close | 76.33 |
| Day's Range | 76.17 - 76.84 |
| 52-Week Range | 69.56 - 82.08 |
| Beta | 0.50 |
| Analysts | Buy |
| Price Target | 84.50 (+10.86%) |
| Earnings Date | Apr 21, 2026 |
About ADC
Agree Realty Corporation is a publicly traded real estate investment trust. The Firm is Rethinking Retail through the acquisition and development of properties net leased to industry-leading, omni-channel retail tenants. As of December 31, 2025, the Company owned and operated a portfolio of 2,674 properties, located in all 50 states and containing approximately 55.5 million square feet of gross leasable area. The Company's common stock is listed on the New York Stock Exchange. Agree Realty Corporation was incorporated in 1971 in Maryland, USA.
Financial Performance
In 2025, Agree Realty's revenue was $718.40 million, an increase of 16.42% compared to the previous year's $617.10 million. Earnings were $196.47 million, an increase of 8.38%.
Financial StatementsAnalyst Summary
According to 13 analysts, the average rating for ADC stock is "Buy." The 12-month stock price target is $84.5, which is an increase of 10.86% from the latest price.
News
Agree Realty price target raised to $92 from $91 at BofA
BofA raised the firm’s price target on Agree Realty (ADC) to $92 from $91 and keeps a Buy rating on the shares after updating the firm’s model for Q1 earnings.
Agree Realty files automatic mixed securities shelf
16:10 EDT Agree Realty (ADC) files automatic mixed securities shelf
Agree Realty price target raised to $82.50 from $77 at Citi
Citi raised the firm’s price target on Agree Realty (ADC) to $82.50 from $77 and keeps a Neutral rating on the shares.
Agree Realty price target raised to $82 from $81 at RBC Capital
RBC Capital analyst Brad Heffern raised the firm’s price target on Agree Realty (ADC) to $82 from $81 and keeps an Outperform rating on the shares. When combined with a
Agree Realty Earnings Call Transcript: Q1 2026
Q1 2026 saw record acquisition activity, robust liquidity, and strong portfolio performance, with AFFO per share up 7.9% year-over-year and guidance reaffirmed. Development and DFP activity are set to ramp, while the balance sheet remains highly flexible and well-hedged.
Agree Realty price target raised to $82 from $80 at Baird
Baird raised the firm’s price target on Agree Realty (ADC) to $82 from $80 and keeps an Outperform rating on the shares. The firm updated its model following Q1 results
Agree Realty reports Q1 FFO $1.14, consensus $1.10
Reports Q1 revenue $200.81M, consensus $192.27M.
Agree Realty affirms FY26 FFO view $4.54-$4.58, consensus $4.54
16:09 EDT Agree Realty (ADC) affirms FY26 FFO view $4.54-$4.58, consensus $4.54
Agree Realty price target raised to $81 from $75 at Morgan Stanley
Morgan Stanley analyst Ronald Kamdem raised the firm’s price target on Agree Realty (ADC) to $81 from $75 and keeps an Equal Weight rating on the shares. The firm cites
Agree Realty Corporation Reports First Quarter 2026 Results
ROYAL OAK, Mich.--(BUSINESS WIRE)--Agree Realty Corporation (NYSE: ADC) (the “Company”) today announced results for the quarter ended March 31, 2026. All per share amounts included herein are on a dil...
Agree Realty options imply 1.1% move in share price post-earnings
Pre-earnings options volume in Agree Realty (ADC) is normal with calls leading puts 3:1. Implied volatility suggests the market is anticipating a move near 1.1%, or 90c, after results are
Agree Realty price target raised to $86 from $81 at Barclays
Barclays raised the firm’s price target on Agree Realty (ADC) to $86 from $81 and keeps an Equal Weight rating on the shares. The firm adjusted targets in the net
Agree Realty downgraded to Market Perform from Outperform at BMO Capital
BMO Capital analyst Eric Borden downgraded Agree Realty (ADC) to Market Perform from Outperform with an unchanged price target of $86. The firm sees “less compelling” upside at current share
Agree Realty raises monthly dividend by 1.9% to 26.7c per share
The dividend is payable May 14, 2026 to stockholders of record at the close of business on April 30, 2026.
Agree Realty Declares Increased Monthly Common Dividend
ROYAL OAK, Mich.--(BUSINESS WIRE)--Agree Realty Corporation (NYSE: ADC) (the “Company”) today announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividen...
Agree Realty Announces First Quarter 2026 Earnings Release Date and Conference Call Information
ROYAL OAK, Mich.--(BUSINESS WIRE)--Agree Realty Corporation (NYSE: ADC) (the “Company”) today announced that it will release its first quarter 2026 operating results after the market closes on Tuesday...
Agree Realty price target raised to $82 from $79 at Truist
Truist raised the firm’s price target on Agree Realty (ADC) to $82 from $79 and keeps a Buy rating on the shares as part of a broader research note on
Agree Realty price target raised to $87 from $84 at Evercore ISI
Evercore ISI raised the firm’s price target on Agree Realty (ADC) to $87 from $84 and keeps an Outperform rating on the shares as part of a Q1 preview for
Agree Realty price target raised to $90 from $84 at Raymond James
Raymond James raised the firm’s price target on Agree Realty (ADC) to $90 from $84 and keeps a Strong Buy rating on the shares. Raymond James adjusted ratings and targets
Agree Realty price target raised to $81 from $78 at Barclays
Barclays raised the firm’s price target on Agree Realty (ADC) to $81 from $78 and keeps an Equal Weight rating on the shares. The firm updated models in the net
Agree Realty price target raised to $86 from $75 at Mizuho
Mizuho analyst Haendel St. Juste raised the firm’s price target on Agree Realty (ADC) to $86 from $75 and keeps a Neutral rating on the shares. The firm updated real
Agree Realty Declares Monthly Common and Preferred Dividends
ROYAL OAK, Mich.--(BUSINESS WIRE)--Agree Realty Corporation (NYSE: ADC) (the “Company”) today announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividen...
Agree Realty price target raised to $91 from $82 at UBS
UBS raised the firm’s price target on Agree Realty (ADC) to $91 from $82 and keeps a Buy rating on the shares.
2 Triple Net Lease REITs Set To Gain As Interest Rates Tick Lower
Real estate investment trusts (REITs) tend to shine when there is a lid on interest rates. And that rate top is secure, for reasons we'll review shortly.
Agree Realty Earnings Call Transcript: Q4 2025
Delivered strong 2025 results with 4.5% AFFO per share growth, $1.6B in investments, and 99.7% occupancy. 2026 guidance raised for both investment activity and AFFO per share, supported by robust liquidity, an A- credit rating, and a stable, high-quality portfolio.