Agree Realty Corporation (ADC)

NYSE: ADC · Real-Time Price · USD
75.23
+0.23 (0.31%)
Oct 22, 2025, 12:15 PM EDT - Market open
0.31%
Market Cap8.66B
Revenue (ttm)688.64M
Net Income (ttm)186.01M
Shares Out 115.09M
EPS (ttm)1.71
PE Ratio43.93
Forward PE39.25
Dividend$3.07 (4.08%)
Ex-Dividend DateOct 31, 2025
Volume499,677
Open76.79
Previous Close75.00
Day's Range74.42 - 76.79
52-Week Range67.58 - 79.65
Beta0.55
AnalystsBuy
Price Target81.45 (+8.27%)
Earnings DateOct 21, 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 June 30, 2025, the Company owned and operated a portfolio of 2,513 properties, located in all 50 states and containing approximately 52.0 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]

Industry REIT - Retail
IPO Date Apr 15, 1994
Employees 75
Stock Exchange NYSE
Ticker Symbol ADC
Full Company Profile

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 Statements

Analyst Summary

According to 12 analysts, the average rating for ADC stock is "Buy." The 12-month stock price target is $81.45, which is an increase of 8.27% from the latest price.

Price Target
$81.45
(8.27% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Agree Realty Corporation Reports Third Quarter 2025 Results

ROYAL OAK, Mich.--(BUSINESS WIRE)--Agree Realty Corporation (NYSE: ADC) (the “Company”) today announced results for the quarter ended September 30, 2025. All per share amounts included herein are on a...

20 hours ago - Business Wire

Agree Realty: Increased Dividend, Earnings On Track To Exceed Expectations

Agree Realty Corporation is rated a Buy for investors seeking income and capital appreciation from a high-quality, recession-resistant REIT. ADC boasts a 4.2% forward yield, consistent dividend growth...

5 days ago - Seeking Alpha

Agree Realty: Quality Becomes More Relevant

ADC stands out for its superior credit quality, conservative balance sheet, and high proportion of investment-grade tenants in the net lease sector. Despite sector turmoil and rising concerns over cre...

6 days ago - Seeking Alpha

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...

7 days ago - Business Wire

REITs On Clearance In A Rate Cut World: Here's 2 With Prices That Are Right

Essential Properties Realty Trust and NNN REIT present attractive long-term buying opportunities due to strong fundamentals and resilient income profiles. EPRT boasts high occupancy (99.6%), low lever...

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11 days ago - Seeking Alpha

2 Potentially Overhyped REITs With Red Flags

Not all REITs are worth buying. Many property sectors are facing growing headwinds. I highlight 2 popular REITs to avoid.

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13 days ago - Seeking Alpha

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18 days ago - Seeking Alpha

Agree Realty Announces Third Quarter 2025 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 2025 operating results after the market closes on Tuesday...

21 days ago - Business Wire

Downturn Coming? 2 Dependable Income Plays Retirees Can Count On If A Recession Hits

With recession odds rising, investors should reassess portfolios for resilience against a potential downturn. Market volatility is expected, making income-generating stocks especially attractive durin...

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26 days ago - Seeking Alpha

3 Monthly Dividend REITs That Could Set You Free

Real estate is a great investment to earn monthly income. REITs are even better as they are totally passive investments. I present 3 great REITs paying monthly dividend income.

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27 days ago - Seeking Alpha

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4 weeks ago - Seeking Alpha

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4 weeks ago - Seeking Alpha

Warning: These REITs Face Serious Challenges

Not all REITs are worth buying. In fact, a lot of them should be avoided at all costs. I highlight some of the least desirable REITs to buy today.

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5 weeks ago - Seeking Alpha

Agree Realty: Top-Tier REIT With A Hefty Price Tag

Agree Realty stands out as a top-tier, defensive retail REIT, with a high-quality, diversified portfolio and strong investment activity. ADC boasts superior investment spreads, a BBB+ balance sheet, a...

5 weeks ago - Seeking Alpha

Agree Realty: Now One Of The Best REITs On Wall Street

I'm confident that Agree Realty's monthly dividend can keep growing for many more years. The net lease REIT continues to have a massive sandbox to drive long-term AFFO per share growth. Agree Realty r...

5 weeks ago - Seeking Alpha

Realty Income Still Wins The Rematch With Agree Realty

Agree Realty has underperformed Realty Income by about 11% in total returns over the past nine months. ADC's dividend yield spread over Treasuries has improved slightly but remains historically low, l...

Other symbols: O
5 weeks ago - Seeking Alpha

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...

6 weeks ago - Business Wire

Portfolio Review: 3 Stocks And 3 ETFs I'm Buying To Boost My Passive Income

Given heightened economic uncertainty, I am leaning more defensive and sticking with my dividend growth investing strategy, emphasizing diversification and income stability. The frozen housing market,...

6 weeks ago - Seeking Alpha

A Ranking Of Net-Lease REITs By Investment Spread For Q2 2025

Net-lease REITs remain resilient amid economic uncertainty, with stable interest rates supporting increased investment activity and positive guidance across the sector. Monetary policy (interest rates...

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7 weeks ago - Seeking Alpha

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2 months ago - Seeking Alpha

Agree Realty Announces the Addition of Kirk Klatt as Vice President of Leasing

ROYAL OAK, Mich.--(BUSINESS WIRE)--Agree Realty Corporation (NYSE: ADC) (the “Company”) today announced that Kirk Klatt has joined the Company as Vice President of Leasing. Mr. Klatt will be responsib...

Other symbols: NTST
2 months ago - Business Wire

Agree Realty: Upgrading The Preferred Shares To A Buy

Agree Realty's preferred shares now offer an attractive entry point after a 15% price drop, warranting an upgrade from 'hold' to 'buy.' Preferred dividends are exceptionally well covered, requiring le...

2 months ago - Seeking Alpha

2 Of The Best Deeply Undervalued Retirement Dividend Growth Machines

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2 months ago - Seeking Alpha

Agree Realty Achieves A- Credit Rating From Fitch Ratings

ROYAL OAK, Mich.--(BUSINESS WIRE)--Agree Realty Corporation (NYSE: ADC) (the “Company”) today announced that Fitch Ratings (“Fitch”) has assigned the Company an A- issuer rating with a stable outlook....

2 months ago - Business Wire