Agree Realty Corporation (ADC)
| Market Cap | 8.10B |
| Revenue (ttm) | 659.75M |
| Net Income (ttm) | 177.93M |
| Shares Out | 110.82M |
| EPS (ttm) | 1.68 |
| PE Ratio | 43.43 |
| Forward PE | 39.17 |
| Dividend | $3.07 (4.27%) |
| Ex-Dividend Date | Aug 29, 2025 |
| Volume | 828,152 |
| Open | 72.29 |
| Previous Close | 72.00 |
| Day's Range | 72.27 - 73.06 |
| 52-Week Range | 67.58 - 79.65 |
| Beta | 0.57 |
| Analysts | Buy |
| Price Target | 80.79 (+10.6%) |
| Earnings Date | Oct 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]
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 Summary
According to 13 analysts, the average rating for ADC stock is "Buy." The 12-month stock price target is $80.79, which is an increase of 10.60% from the latest price.
News
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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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...
Agree Realty: Upgrading The Preferred Shares To A Buy
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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 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....
Agree Realty: Well-Covered Monthly Dividend And Upside Still Keeps Me Bullish
Agree Realty is well-positioned for a potential recession, with strong fundamentals, resilient earnings, and a best-in-class, diversified portfolio. Management continues to raise AFFO and investment g...
How I've Built A Monster Passive Income Portfolio (And What I'm Buying Now)
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Agree Realty Corporation (ADC) Q2 2025 Earnings Conference Call Transcript
Agree Realty Corporation (NYSE:ADC) Q2 2025 Earnings Call August 1, 2025 9:00 AM ET Company Participants Joel N. Agree - President, CEO & Director Peter Coughenour - CFO, Secretary & Investor Relatio...
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...
Agree Realty: Fortress Balance Sheet And Unique Growth Model
Agree Realty stands out as a premier net-lease REIT, boasting a high-quality, diversified portfolio anchored by investment-grade, necessity-based retail tenants. ADC's disciplined, multifaceted growth...
Double-Checking The Credit Rating (Part 5): Agree Realty Corporation
ADC boasts strong asset quality, low debt risk, and a diversified portfolio of nearly 2,400 properties across all 50 states. Moody's Baa1 credit rating is justified by high asset coverage, low secured...
2 REITs To Buy Before September 17th, 2025
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Agree Realty: Buy The Dip
Agree Realty is a high-quality, well-managed REIT with a resilient, investment-grade tenant base and a disciplined acquisition strategy. The recent price dip presents an attractive entry point, offeri...
Agree Realty: The Secret Behind The Highest Quality Net Lease REIT
Agree Realty stands out for its disciplined capital allocation, conservative underwriting, and sector-leading balance sheet strength among net lease REITs. ADC prioritizes e-commerce-resistant tenants...
Agree Realty: A Quality REIT Worth Buying Now
As part of my investment strategy, I believe in combining quality and value. Agree Realty's accelerating investment guidance and record liquidity bode well for future growth. The REIT enjoys a low cos...
Cash Flow Matters: Two Cheap Stocks With Relatively Secure Dividends And Upside Potential
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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...