Agree Realty Corporation (ADC)

NYSE: ADC · Real-Time Price · USD
76.69
-0.56 (-0.72%)
At close: Apr 24, 2026, 4:00 PM EDT
76.65
-0.04 (-0.05%)
After-hours: Apr 24, 2026, 7:35 PM EDT
Market Cap9.22B +17.9%
Revenue (ttm)750.05M +17.8%
Net Income211.53M +14.7%
EPS1.85 +4.7%
Shares Out 120.26M
PE Ratio41.42
Forward PE38.65
Dividend$3.14 (4.10%)
Ex-Dividend DateApr 30, 2026
Volume634,180
Open77.36
Previous Close77.25
Day's Range76.64 - 77.54
52-Week Range69.56 - 82.08
Beta0.53
AnalystsBuy
Price Target84.50 (+10.18%)
Earnings DateApr 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.

Industry REIT - Retail
IPO Date Apr 15, 1994
Employees 90
Stock Exchange NYSE
Ticker Symbol ADC
Full Company Profile

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 Statements

Analyst Summary

According to 14 analysts, the average rating for ADC stock is "Buy." The 12-month stock price target is $84.5, which is an increase of 10.18% from the latest price.

Price Target
$84.5
(10.18% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

4 days ago - Transcripts

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...

5 days ago - Business Wire

Wall Street's Most Accurate Analysts Spotlight On 3 Real Estate Stocks Delivering High-Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: AVBOUT
5 days ago - Benzinga

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...

17 days ago - Business Wire

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...

25 days ago - Business Wire

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

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.

Other symbols: WPC
2 months ago - Forbes

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.

2 months ago - Transcripts

Agree Realty Corporation Reports Fourth Quarter and Full Year 2025 Results

ROYAL OAK, Mich.--(BUSINESS WIRE)--Agree Realty Corporation (NYSE: ADC) (the “Company”) today announced results for the quarter and full year ended December 31, 2025. All per share amounts included he...

2 months ago - Business Wire

Why Agree Realty Guided Lower for 2026, Despite a Strong Balance Sheet

I spent most of last month pulling apart net lease credit structures — Realty Income's A- rating, NNN REIT's longer-dated debt stack, the mechanics of how buffer distance from the BBB- cliff translate...

2 months ago - Benzinga

Agree Realty Announces Fourth 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 fourth quarter and full year 2025 operating results after the market cl...

3 months ago - Business Wire

Agree Realty Announces 2025 Investment Activity & 2026 Investment Outlook

ROYAL OAK, Mich.--(BUSINESS WIRE)--Agree Realty Corporation (NYSE: ADC) (the “Company”) today announced a summary of its investment activity in 2025, introduced investment guidance for 2026, and provi...

3 months ago - Business Wire

Agree Realty Publishes Fifth Annual Sustainability Report

ROYAL OAK, Mich.--(BUSINESS WIRE)--Agree Realty Corporation (NYSE: ADC) (the "Company") today announced the release of its 2024 Sustainability Report. The report highlights the Company's environmental...

4 months ago - Business Wire

Agree Realty Closes $350 Million 5.5-Year Delayed Draw Term Loan

ROYAL OAK, Mich.--(BUSINESS WIRE)--Agree Realty Corporation (NYSE: ADC) (the “Company”) today announced the closing of an unsecured $350 million 5.5-year term loan (the “Term Loan”). The Term Loan inc...

5 months ago - Business Wire

Daily Dividend Report: ADP, Agree Realty, Group 1, DGX, Aflac

The board of directors of ADP approved a $0.16 increase in the quarterly cash dividend to an annual rate of $6.80 per share, Maria Black, ADP's President and Chief Executive Officer, announced today. ...

Other symbols: ADPAFLDGXGPI
5 months ago - Forbes

Agree Realty Earnings Call Transcript: Q3 2025

Q3 saw record investment activity, strong portfolio growth, and a raised AFFO per share guidance. Liquidity and balance sheet strength were enhanced by an A-minus Fitch rating and new term loan, while occupancy and investment-grade exposure remained high.

6 months ago - Transcripts

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...

6 months ago - Business Wire

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...

7 months ago - Business Wire

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
8 months ago - Business Wire

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....

9 months ago - Business Wire

Agree Realty Earnings Call Transcript: Q2 2025

Investment and earnings guidance raised following strong Q2 results, with robust liquidity, high occupancy, and a focus on necessity-based retail. Development and acquisition pipelines remain strong, supported by operational efficiencies and disciplined risk management.

9 months ago - Transcripts

Agree Realty Corporation Reports Second Quarter 2025 Results

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

9 months ago - Business Wire

Agree Realty Announces Second 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 second quarter 2025 operating results after the market closes on Thursd...

10 months ago - Business Wire

Agree Realty Transcript: AGM 2025

The meeting featured director elections, auditor ratification, an advisory vote on executive compensation, and approval to double authorized common shares. All proposals passed with strong majorities, and final results will be filed in a Form 8-K.

1 year ago - Transcripts

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 ...

1 year ago - PRNewsWire