Agree Realty Corporation (ADC)
| Market Cap | 7.99B |
| Revenue (ttm) | 659.75M |
| Net Income (ttm) | 177.93M |
| Shares Out | 110.82M |
| EPS (ttm) | 1.68 |
| PE Ratio | 42.84 |
| Forward PE | 38.19 |
| Dividend | $3.07 (4.26%) |
| Ex-Dividend Date | Sep 30, 2025 |
| Volume | 1,377,979 |
| Open | 72.80 |
| Previous Close | 72.96 |
| Day's Range | 71.69 - 72.97 |
| 52-Week Range | 67.58 - 79.65 |
| Beta | 0.57 |
| Analysts | Buy |
| Price Target | 80.88 (+12.24%) |
| 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 $80.88, which is an increase of 12.24% from the latest price.
News
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...
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...
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...
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...
Portfolio Review: 3 Stocks And 3 ETFs I'm Buying To Boost My Passive Income
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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...
2 Of The Best Dividend Combos I've Ever Found
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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
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 Of The Best Deeply Undervalued Retirement Dividend Growth Machines
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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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Avoid These 3 REITs If You Like Sleeping Well At Night (Too Much Risk)
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Interest Rates Heading Lower? 2 Picks To Not Loose Yield
The probability for having lower rates in 2025 is more than 50%. For yield investors this is not necessarily good news. The lower the rates, the higher the valuations, which might again lead to a yiel...
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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