Agree Realty Corporation (ADC)
NYSE: ADC · Real-Time Price · USD
77.01
-0.51 (-0.66%)
At close: Nov 20, 2024, 4:00 PM
77.26
+0.25 (0.32%)
Pre-market: Nov 21, 2024, 4:45 AM EST
Agree Realty Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Agree Realty stock have an average target of 75.42, with a low estimate of 64 and a high estimate of 80. The average target predicts a decrease of -2.06% from the current stock price of 77.01.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Agree Realty stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 4 | 4 | 3 | 3 |
| Buy | 5 | 5 | 5 | 5 | 7 | 7 |
| Hold | 4 | 4 | 4 | 4 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 11 | 13 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Maintains $77 → $79 | Hold | Maintains | $77 → $79 | +2.58% | Nov 14, 2024 |
| Mizuho | Mizuho | Hold Maintains $75 → $80 | Hold | Maintains | $75 → $80 | +3.88% | Nov 14, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $80 → $79 | Buy | Maintains | $80 → $79 | +2.58% | Nov 4, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $77 → $80 | Strong Buy | Maintains | $77 → $80 | +3.88% | Oct 30, 2024 |
| Baird | Baird | Buy Maintains $67 → $76 | Buy | Maintains | $67 → $76 | -1.31% | Oct 29, 2024 |
Financial Forecast
Revenue This Year
609.16M
Revenue Next Year
658.23M
from 609.16M
Increased by 8.06%
EPS This Year
1.83
from 1.70
Increased by 7.71%
EPS Next Year
1.84
from 1.83
Increased by 0.47%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 650.1M | 738.2M | 855.9M | ||
| Avg | 609.2M | 658.2M | 757.4M | ||
| Low | 531.8M | 568.0M | 611.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 21.2% | 30.0% | ||
| Avg | - | 8.1% | 15.1% | ||
| Low | - | -6.8% | -7.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.95 | 2.14 | 2.17 | ||
| Avg | 1.83 | 1.84 | 1.87 | ||
| Low | 1.71 | 1.62 | 1.65 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.9% | 17.0% | 18.1% | ||
| Avg | 7.7% | 0.5% | 1.8% | ||
| Low | 0.9% | -11.7% | -10.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.