Agree Realty Corporation (ADC)
| Market Cap | 8.44B |
| Revenue (ttm) | 636.80M |
| Net Income (ttm) | 183.42M |
| Shares Out | 110.15M |
| EPS (ttm) | 1.77 |
| PE Ratio | 43.26 |
| Forward PE | 41.64 |
| Dividend | $3.02 (3.95%) |
| Ex-Dividend Date | Apr 30, 2025 |
| Volume | 160,502 |
| Open | 76.44 |
| Previous Close | 76.36 |
| Day's Range | 76.10 - 76.56 |
| 52-Week Range | 58.07 - 79.65 |
| Beta | 0.58 |
| Analysts | Buy |
| Price Target | 80.58 (+5.2%) |
| 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 September 30, 2024, the Company owned and operated a portfolio of 2,271 properties, located in 49 states and containing approximately 47.2 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 $80.58, which is an increase of 5.20% from the latest price.
News
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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
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Raises 2025 Investment Guidance to $1.3 Billion to $1.5 Billion Increases 2025 AFFO Per Share Guidance to $4.27 to $4.30 ROYAL OAK, Mich. , April 22, 2025 /PRNewswire/ -- Agree Realty Corporation (NYS...
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Agree Realty Declares Increased Monthly Common Dividend
Increase Results in 2.4% Year-Over-Year Growth ROYAL OAK, Mich. , April 10, 2025 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that its Board of Directors has au...
Agree Realty Announces First Quarter 2025 Earnings Release Date and Conference Call Information
ROYAL OAK, Mich. , April 2, 2025 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that it will release its first quarter 2025 operating results after the market clo...
Agree Realty Announces $625 Million Commercial Paper Program
ROYAL OAK, Mich. , March 31, 2025 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced the establishment of its inaugural commercial paper program.
Why Agree Realty Is A Buy And Hold For Retirement Income
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Agree Realty: Is This Retail REIT Still A Buy After Sustained Rally? (Rating Downgrade)
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Agree Realty: The Quality Speaks For Itself
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Agree Realty Declares Monthly Common and Preferred Dividends
ROYAL OAK, Mich. , March 11, 2025 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that its Board of Directors has authorized, and the Company has declared, a month...
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