Agree Realty Corporation (ADC)

NYSE: ADC · Real-Time Price · USD
75.46
-0.22 (-0.29%)
At close: May 22, 2026, 4:00 PM EDT
74.69
-0.77 (-1.02%)
After-hours: May 22, 2026, 7:10 PM EDT
Market Cap9.08B +10.0%
Revenue (ttm)750.05M +17.8%
Net Income211.53M +14.7%
EPS1.85 +4.7%
Shares Out 120.26M
PE Ratio40.75
Forward PE38.37
Dividend$3.14 (4.17%)
Ex-Dividend DateMay 29, 2026
Volume924,480
Open75.76
Previous Close75.68
Day's Range74.86 - 75.76
52-Week Range69.56 - 82.08
Beta0.50
AnalystsBuy
Price Target85.00 (+12.64%)
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 and is based in Ro... [Read more]

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 20 analysts, the average rating for ADC stock is "Buy." The 12-month stock price target is $85.0, which is an increase of 12.64% from the latest price.

Price Target
$85.0
(12.64% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Agree Realty price target lowered to $84 from $86 at Barclays

Barclays analyst Richard Hightower lowered the firm’s price target on Agree Realty (ADC) to $84 from $86 and keeps an Equal Weight rating on the shares. The firm updated models…

4 days ago - TheFly

Agree Realty Transcript: AGM 2026

The meeting, held virtually, saw strong shareholder participation and approval of all proposals. Directors were re-elected, the auditor was ratified, and executive compensation was endorsed by large majorities.

9 days ago - Transcripts

Agree Realty price target lowered to $80 from $86 at Mizuho

Mizuho lowered the firm’s price target on Agree Realty (ADC) to $80 from $86 and keeps a Neutral rating on the shares. The firm sees macro and rate uncertainty for…

10 days ago - TheFly

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...

10 days ago - Business Wire

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.

26 days ago - TheFly

Agree Realty files automatic mixed securities shelf

16:10 EDT Agree Realty (ADC) files automatic mixed securities shelf

4 weeks ago - TheFly

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.

4 weeks ago - TheFly

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…

4 weeks ago - TheFly

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 weeks ago - Transcripts

Agree Realty Quarterly report: Q1 2026

Agree Realty has published its Q1 2026 quarterly earnings report on April 22, 2026.

4 weeks ago - Filings

Agree Realty Earnings release: Q1 2026

Agree Realty released its Q1 2026 earnings on April 22, 2026, summarizing the period's financial results.

4 weeks ago - Filings

Agree Realty Slides: Q1 2026

Agree Realty has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 22, 2026.

4 weeks ago - Filings

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…

4 weeks ago - TheFly

Agree Realty reports Q1 FFO $1.14, consensus $1.10

Reports Q1 revenue $200.81M, consensus $192.27M.

4 weeks ago - TheFly

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

4 weeks ago - TheFly

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…

4 weeks ago - TheFly

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...

4 weeks ago - Business Wire

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…

4 weeks ago - TheFly

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…

4 weeks ago - TheFly

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…

5 weeks ago - TheFly

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.

6 weeks ago - TheFly

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...

6 weeks ago - Business Wire

Agree Realty Proxy statement: Proxy filing

Agree Realty filed a proxy statement on April 2, 2026, providing details for shareholder voting and corporate governance matters.

7 weeks ago - Filings

Agree Realty Proxy statement: Proxy filing

Agree Realty filed a proxy statement on April 2, 2026, providing details for shareholder voting and corporate governance matters.

7 weeks ago - Filings

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...

7 weeks ago - Business Wire