Agree Realty Corporation (ADC)
| Market Cap | 8.07B |
| Revenue (ttm) | 617.10M |
| Net Income (ttm) | 181.28M |
| Shares Out | 107.38M |
| EPS (ttm) | 1.78 |
| PE Ratio | 42.20 |
| Forward PE | 43.27 |
| Dividend | $3.02 (4.02%) |
| Ex-Dividend Date | Mar 31, 2025 |
| Volume | 470,927 |
| Open | 76.06 |
| Previous Close | 75.71 |
| Day's Range | 74.69 - 75.85 |
| 52-Week Range | 54.78 - 78.39 |
| Beta | 0.66 |
| Analysts | Buy |
| Price Target | 79.54 (+5.89%) |
| Earnings Date | Apr 22, 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 September 30, 2024, the Company owned and operated a portfolio of 2,271 properties, located in 49 states and containing approximately 47.2 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 Forecast
According to 14 analysts, the average rating for ADC stock is "Buy." The 12-month stock price forecast is $79.54, which is an increase of 5.89% from the latest price.
News
Agree Realty: The Quality Speaks For Itself
Agree Realty is a top REIT investment with a 31% total return since my first coverage in 2024. ADC boasts a strong portfolio with 2,370 properties, 99.6% occupancy, and 68% rent roll from investment-g...
Dividends Come Back Into Vogue: My Favorite Places For Income Extraction
Currently, we have many signs pinpointing to a value factor outperforming growth. It seems that the dividend-oriented stocks might become the new glamour. In this article, I elaborate on the key reaso...
Agree Realty Declares Monthly Common and Preferred Dividends
ROYAL OAK, Mich. , March 11, 2025 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that its Board of Directors has authorized, and the Company has declared, a month...
Realty Income Vs. Agree Realty: What Is The Best REIT To Buy In 2025?
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The State Of REITs: February 2025 Edition
After a brutal December (-6.85%), the REIT sector averaged negative total returns again in January (-1.29%). Large cap (+0.30%) and mid cap REITs (+0.09%) averaged small gains in January, whereas smal...
Agree Realty: When The Perfect Blend Of Consistency, Reliability, And Quality Meet
Agree Realty's strong portfolio, minimal exposure to economic downturns, and robust growth potential make it a compelling long-term hold for income-focused investors. Despite recent inflation concerns...
Agree Realty Vs. Realty Income: Accumulate Both REITs Offering Different Benefits
Agree Realty and Realty Income are two of my personal REIT holdings. ADC shows better stability and tenant credit quality. ADC's portfolio boasts 68.2% investment-grade tenants and a 99.6% occupancy r...
How To Build A $1,000 Monthly Dividend Income Stream From REITs
REIT dividend yields are historically high. Even high-quality REITs are now offering high dividend yields. We build a REIT portfolio generating $1,000 monthly dividend income.
Agree Realty Corporation (ADC) Q4 2024 Earnings Call Transcript
Agree Realty Corporation (NYSE:ADC) Q4 2024 Earnings Conference Call February 12, 2025 9:00 AM ET Company Participants Reuben Treatman – Senior Director-Corporate Finance Joey Agree – President and C...
Q4 Earnings Update: Sell Agree Realty And Buy This REIT Instead
Agree Realty's focus on high-quality investment-grade tenants, ground leases, and aggressive acquisitions initially made it a superior investment compared to Realty Income. Despite ADC's strong busine...
Agree Realty Corporation Reports Fourth Quarter and Full Year 2024 Results
Provides Initial 2025 AFFO Per Share Guidance of $4.26 to $4.30 ROYAL OAK, Mich. , Feb. 11, 2025 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced results for the qu...
Buy The Dip: Big Dividends Getting Way Too Cheap
My strategy involves buying high-quality, high-yield stocks at discounts, holding until they re-appreciate, and then selling to reinvest in undervalued stocks. I share some of the most attractive, hig...
5 Monthly-Paying REITs To Sleep Well At Night
This month's Mailbox Money report highlights five top monthly paying REITs, including new addition Healthpeak, with an average yield of 5.3% and an 18% annualized return forecast. Realty Income, STAG ...
2 Net Lease REIT Stalwarts To Hold For The Long Run
Net lease REITs like ADC and SILA offer defensive and offensive investment potential through resilient assets, long-term leases, and strong balance sheets. ADC excels with a BBB+ credit rating, low le...
1 REIT To Sell And 1 Strong Buy
Many REITs are historically cheap today. Some are cheap for a good reason. Others are just undervalued. I present a good example of that.
3 Big Dividend Laggards That Could Still Crush The Market In 2025
There are numerous high-quality, high-yielding stocks that trade at compelling bargains. I share three that have been lagging the S&P 500 so far this year that I think could turn it around and end up ...
What I Wish I Knew Before Investing In Dividend Stocks
What I Wish I Knew Before Investing In Dividend Stocks
2 Of My Favorite Net Lease REITs Might Surprise You
The net lease sector, with a market cap of ~$100B, has significant growth potential in diverse sub-categories like health & fitness, casinos, and data centers. Essential Properties and Agree Realty sh...
7 Stocks I'm Buying Amid This Goldilocks (For Now) Economy
There is an often overlooked difference between income investing and dividend growth investing. The two are not the same. Timely charts showing that inflation is even more subdued than the official CP...
Agree Realty: Why I Bought More Of The Commons And Preferreds
I'm still buying Agree Realty's commons despite the REIT selloff, driven by the significant rise in long-term Treasury yields. ADC's strong financials include 12.8% revenue growth, 99.6% leased proper...
Agree Realty CEO Joey Agree on retail trends
Joey Agree, president and CEO at Agree Realty, joins CNBC's The Exchange to discuss the rise in risks for commercial properties, recent retail trends, and more.
2 REITs That Make Sense To Own In 2025 And Beyond
Despite high-interest rates, REITs like Agree Realty and Realty Income offer attractive valuations and strong fundamentals, making them ideal for passive income investors. ADC boasts a 12% CAGR since ...
