Agree Realty Corporation (ADC)
| Market Cap | 8.74B +4.0% |
| Revenue (ttm) | 810.28M +17.7% |
| Net Income | 233.25M +24.6% |
| EPS | 1.94 +13.3% |
| Shares Out | 130.27M |
| PE Ratio | 34.58 |
| Forward PE | 34.46 |
| Dividend | $3.25 (4.85%) |
| Ex-Dividend Date | Oct 30, 2026 |
| Volume | 1,876,834 |
| Open | 68.18 |
| Previous Close | 67.34 |
| Day's Range | 66.82 - 68.32 |
| 52-Week Range | 64.34 - 82.08 |
| Beta | 0.42 |
| Analysts | Buy |
| Price Target | 77.75 (+15.92%) |
| Earnings Date | Oct 20, 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 September 30, 2026, the Company owned and operated a portfolio of 2,888 properties, located in all 50 states and containing approximately 61.1 million square feet of gross leasable area. Agree Realty Corporation was incorporated in 1971 and is based in Royal Oak, United States.
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 20 analysts, the average rating for ADC stock is "Buy." The 12-month stock price target is $77.75, which is an increase of 15.92% from the latest price.
News
Agree Realty price target lowered to $76 from $82 at KeyBanc
KeyBanc lowered the firm’s price target on Agree Realty (ADC) to $76 from $82 and keeps an Overweight rating on the shares. The firm cites lower investment volumes and reduced…
Agree Realty price target lowered to $72 from $82.50 at Citi
Citi lowered the firm’s price target on Agree Realty (ADC) to $72 from $82.50 and keeps a Neutral rating on the shares.
Agree Realty Earnings Call Transcript: Q3 2026
Q3 AFFO/share rose 4.9% YoY to $1.15, while 2026 investment guidance was cut to ~ $1.6B amid higher capital costs. A $2B liquidity position supports disciplined deployment and targeted 2027 AFFO growth.
Agree Realty Earnings release: Q3 2026
Agree Realty released its Q3 2026 earnings on October 21, 2026, summarizing the period's financial results.
Agree Realty Quarterly report: Q3 2026
Agree Realty has published its Q3 2026 quarterly earnings report on October 21, 2026.
Agree Realty Slides: Q3 2026
Agree Realty has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on October 21, 2026.
Agree Realty price target lowered to $76.50 from $81.50 at Stifel
Stifel analyst Simon Yarmak lowered the firm’s price target on Agree Realty (ADC) to $76.50 from $81.50 and keeps a Buy rating on the shares.
Agree Realty price target lowered to $76 from $77 at Baird
Baird analyst Wesley Golladay lowered the firm’s price target on Agree Realty (ADC) to $76 from $77 and keeps an Outperform rating on the shares. The firm updated its model…
Agree Realty reports Q3 FFO $1.15, consensus $1.14
Reports Q3 revenue $213.9M, consensus $211.1M. “We are very pleased with our performance through the first nine months of the year, as we invested approximately $1.3 billion across all three…
Agree Realty narrows FY26 FFO view to $4.58-$4.59, consensus $4.56
Prior view was $4.57-$4.59
Agree Realty Corporation Reports Third Quarter 2026 Results
ROYAL OAK, Mich.--(BUSINESS WIRE)--Agree Realty Corporation (NYSE: ADC) (the “Company”) today announced results for the quarter ended September 30, 2026. All per share amounts included herein are on a...
Agree Realty price target lowered to $76 from $85 at Barclays
Barclays lowered the firm’s price target on Agree Realty (ADC) to $76 from $85 and keeps an Equal Weight rating on the shares. The firm reduced targets in the net…
Agree Realty price target lowered to $79 from $83 at Wells Fargo
Wells Fargo lowered the firm’s price target on Agree Realty (ADC) to $79 from $83 and keeps an Overweight rating on the shares. Discussing earnings for the group, the firm…
Agree Realty raises monthly common dividend 1.5% to 27.1c per share
Agree Realty (ADC) Corporation announced that its Board of Directors has authorized, and the company has declared, a monthly cash dividend of 27.1c per common share, representing a 1.5% month-over-mon...
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 assumed with a Buy at Truist
Truist analyst Linda Tsai assumed coverage of Agree Realty (ADC) with a Buy rating and price target of $75, down from $82. The firm assumed coverage of the net lease…
Agree Realty Announces Third 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 third quarter 2026 operating results after the market closes on Tuesday...
Agree Realty price target lowered to $85 from $87 at Evercore ISI
Evercore ISI lowered the firm’s price target on Agree Realty (ADC) to $85 from $87 and keeps an Outperform rating on the shares. Adjustments to REIT valuations “reflect a careful…
Agree Realty price target lowered to $81.50 from $84 at Stifel
Stifel lowered the firm’s price target on Agree Realty (ADC) to $81.50 from $84 and keeps a Buy rating on the shares after the company announced it had priced $400M…
Agree Realty Announces Pricing of $400 Million of 5.650% Senior Unsecured Notes Due 2036
ROYAL OAK, Mich.--(BUSINESS WIRE)--Agree Realty Corporation (NYSE: ADC) (the “Company”) today announced that its operating partnership, Agree Limited Partnership (the “Operating Partnership”), priced ...
Agree Realty price target lowered to $72 from $80 at Mizuho
Mizuho analyst Haendel St. Juste lowered the firm’s price target on Agree Realty (ADC) to $72 from $80 and keeps a Neutral rating on the shares. The firm says the…
Agree Realty Publishes Sixth Annual Sustainability Report
ROYAL OAK, Mich.--(BUSINESS WIRE)--Agree Realty Corporation (NYSE: ADC) (the "Company") today announced the release of its 2025 Sustainability Report. The report highlights the Company's environmental...
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 $93 from $92 at BofA
BofA raised the firm’s price target on Agree Realty (ADC) to $93 from $92 and keeps a Buy rating on the shares. The firm adjusted several net lease REIT targets…
Agree Realty Earnings Call Transcript: Q2 2026
Record Q2 investment and portfolio growth drove raised full-year AFFO and investment guidance, with strong year-over-year earnings and dividend increases. Operational efficiency gains and robust liquidity position support continued expansion and risk management.