Agree Realty Corporation (ADC)

NYSE: ADC · IEX Real-Time Price · USD
68.16 -0.34 (-0.50%)
Jan 14, 2022 4:00 PM EST - Market closed
Market Cap4.86B
Revenue (ttm)319.33M
Net Income (ttm)112.45M
Shares Out71.29M
EPS (ttm)1.76
PE Ratio38.64
Forward PE38.76
Dividend$2.60 (3.82%)
Ex-Dividend DateJan 28, 2022
Volume370,524
Open68.05
Previous Close68.50
Day's Range67.29 - 68.67
52-Week Range61.27 - 75.95
Beta0.44
AnalystsBuy
Price Target80.00 (+17.4%)
Earnings DateNov 1, 2021

About ADC

Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants. As of September 30, 2020, the Company owned and operated a portfolio of 1,027 properties, located in 45 states and containing approximately 21.0 million square feet of gross leasable area. The Company's common stock is listed on the New York Stock Exchange under the symbol ADC.

IndustryEquity Real Estate Investment Trusts (REITs)
IPO DateApr 15, 1994
Employees49
Stock ExchangeNYSE
Ticker SymbolADC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for Agree Realty stock is "Buy." The 12-month stock price forecast is 80.00, which is an increase of 17.37% from the latest price.

Price Target
$80.00
(17.37% upside)
Analyst Consensus: Buy

News

AGREE REALTY DECLARES MONTHLY COMMON AND PREFERRED DIVIDENDS

BLOOMFIELD HILLS, Mich., Jan. 13, 2022 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that its Board of Directors has authorized, and the Company has declared, a mo...

3 days ago - PRNewsWire

3 REITs to Supplement Your Social Security Income

These monthly payers offer growing payouts to go along with that big piece of fixed income.

Other symbols:OSTAG
3 days ago - The Motley Fool

Agree Realty Announces Fourth Quarter 2021 Earnings Release Date and Conference Call Information

BLOOMFIELD HILLS, Mich., Jan. 10, 2022 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that it will release its fourth quarter and full year 2021 operating results a...

6 days ago - PRNewsWire

3 Income REITs to Buy in January

These real estate investment trusts are great options for those seeking to generate passive income.

Other symbols:SLGWPC
1 week ago - The Motley Fool

Agree Realty Announces Record 2021 Investment Activity

BLOOMFIELD HILLS, Mich., Jan. 4, 2022 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced a summary of its record investment activity in 2021, provided acquisition and d...

1 week ago - PRNewsWire

2 REITs Perfect for Retirees

W.P. Carey and Agree Realty provide payouts and stability.

Other symbols:WPC
2 weeks ago - The Motley Fool

7 of the Best Monthly Dividend Stocks for 2022 to Buy Now

Monthly dividend stocks constitute a great addition to long-term portfolios, as they provide consistency to the income stream. The post 7 of the Best Monthly Dividend Stocks for 2022 to Buy Now appeared...

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3 weeks ago - InvestorPlace

Agree Realty Announces Expanded $1.0 Billion Credit Facility

BLOOMFIELD HILLS, Mich., Dec. 15, 2021 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced it has entered into a Third Amended and Restated Revolving Credit Agreement wh...

1 month ago - PRNewsWire

The Best Monthly Dividend Stocks For 2022

If the past few weeks are any indication of what's ahead, we'd better buckle up for a volatile 2022.

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1 month ago - Forbes

Agree Realty Announces Pricing Of Forward Common Stock Offering

BLOOMFIELD HILLS, Mich., Dec. 8, 2021 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced the pricing of its public offering of 5,000,000 shares of its common stock at a...

1 month ago - PRNewsWire

Agree Realty Announces Common Stock Offering

BLOOMFIELD HILLS, Mich., Dec. 8, 2021 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that it commenced an underwritten public offering of 5,000,000 shares of its co...

1 month ago - PRNewsWire

Agree Realty Names Peter Coughenour Chief Financial Officer

BLOOMFIELD HILLS, Mich., Dec. 7, 2021 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") announced that effective immediately, Peter Coughenour has been named its Chief Financial Offic...

Other symbols:KRG
1 month ago - PRNewsWire

NJ Bio Expands Its State-Of-The-Art Facility in Princeton, New Jersey

PRINCETON, N.J.--(BUSINESS WIRE)---- $ADC #ADCs--NJ Bio, winner of Best CRO World ADC Awards 2021 has expanded its facility at Princeton, NJ to enable it to provide GMP services to clients for ADCs.

1 month ago - Business Wire

This 3.9%-Yielding Monthly Dividend Keeps Heading Higher

This REIT offers investors a great way to earn passive income.

2 months ago - The Motley Fool

Agree Realty (ADC) Q3 FFO Meet Estimates

Agree Realty (ADC) delivered FFO and revenue surprises of 0.00% and 0.21%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Agree Realty Corporation Reports Third Quarter 2021 Results

BLOOMFIELD HILLS, Mich., Nov. 1, 2021 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced results for the quarter ended September 30, 2021.

2 months ago - PRNewsWire

Omni Design Announces Availability of LiDAR Receiver Subsystem

SAN JOSE, Calif.--(BUSINESS WIRE)---- $ADC #ADC--Omni Design Announces Availability of LiDAR Receiver Subsystem including high-performance ADCs

2 months ago - Business Wire

Agree Realty (ADC) Upgraded to Buy: Here's Why

Agree Realty (ADC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

2 months ago - Zacks Investment Research

MegaChips Deploys Omni Design's Silicon-Validated Data Converters

SAN JOSE, Calif.--(BUSINESS WIRE)---- $ADC #5G--MegaChips Deploys Omni Design's Silicon-Validated Data Converters

2 months ago - Business Wire

Omni Design Announces Silicon Validated Data Converters on TSMC 16nm Process

SAN JOSE, Calif.--(BUSINESS WIRE)---- $ADC #5G--Omni Design Announces Silicon Validated Data Converters on TSMC 16nm Process

2 months ago - Business Wire

Agree Realty Declares Increased Monthly Common Dividend

BLOOMFIELD HILLS, Mich., Oct. 14, 2021 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that its Board of Directors has authorized, and the Company has declared, a mo...

3 months ago - PRNewsWire

Agree Realty Announces Third Quarter 2021 Earnings Release Date and Conference Call Information

BLOOMFIELD HILLS, Mich., Sept. 30, 2021 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that it will release its third quarter operating results after the market clo...

3 months ago - PRNewsWire

7 Best Monthly Dividend Stocks With High Yields

A closer look at the top monthly income stocks for yield-focused investors.

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3 months ago - The Motley Fool

3 Stocks That Cut You a Check Each Month

These stocks make it easy to earn passive income.

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3 months ago - The Motley Fool

Agree Realty Announces Appointment of Michael Judlowe to Board of Directors

BLOOMFIELD HILLS, Mich., Sept. 13, 2021 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that Michael Judlowe has joined the Company's Board of Directors (the "Board").

4 months ago - PRNewsWire