Agree Realty Corporation (ADC)
NYSE: ADC · Real-Time Price · USD
72.83
+1.48 (2.07%)
Feb 21, 2025, 4:00 PM EST - Market closed
Agree Realty Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Agree Realty stock have an average target of 79.31, with a low estimate of 74 and a high estimate of 88. The average target predicts an increase of 8.90% from the current stock price of 72.83.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Agree Realty stock from 14 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 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 3 | 3 | 4 | 5 | 5 |
| Buy | 5 | 7 | 7 | 7 | 7 | 6 |
| Hold | 4 | 3 | 3 | 3 | 2 | 2 |
| Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 13 | 15 | 15 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $79 → $78 | Buy | Maintains | $79 → $78 | +7.10% | Feb 13, 2025 |
| Barclays | Barclays | Sell Maintains $76 → $74 | Sell | Maintains | $76 → $74 | +1.61% | Feb 4, 2025 |
| RBC Capital | RBC Capital | Buy Reiterates $79 | Buy | Reiterates | $79 | +8.47% | Jan 28, 2025 |
| Mizuho | Mizuho | Hold Maintains $80 → $74 | Hold | Maintains | $80 → $74 | +1.61% | Jan 8, 2025 |
| Stifel | Stifel | Strong Buy Maintains $82 → $81 | Strong Buy | Maintains | $82 → $81 | +11.22% | Jan 7, 2025 |
Financial Forecast
Revenue This Year
674.63M
Revenue Next Year
735.66M
from 674.63M
Increased by 9.05%
EPS This Year
1.85
from 1.78
Increased by 3.77%
EPS Next Year
1.96
from 1.85
Increased by 6.22%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 774.4M | 862.3M | 963.9M | ||
| Avg | 674.6M | 735.7M | 920.6M | ||
| Low | 568.0M | 576.1M | 886.9M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | - | 27.8% | 31.0% | ||
| Avg | - | 9.0% | 25.1% | ||
| Low | - | -14.6% | 20.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 2.14 | 2.54 | 2.04 | ||
| Avg | 1.85 | 1.96 | 1.90 | ||
| Low | 1.64 | 1.57 | 1.79 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 20.3% | 37.6% | 3.8% | ||
| Avg | 3.8% | 6.2% | -3.0% | ||
| Low | -8.1% | -15.1% | -8.6% |
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.