Agree Realty
ADC
Market cap $7.58B

75.33 USD

+0.35

0.47%

Updated Oct 22, 10:47 AM EDT

1 day

0.47%

5 days

-0.23%

1 month

0.48%

3 months

13.60%

6 months

32.39%

Year to date

18.61%

1 year

39.47%

5 years

-2.46%

About: Agree Realty Corporation operates as a fully integrated real estate investment trust mainly focused on the ownership, acquisition, development and management of retail properties net leased to industry-leading tenants. The Company is mainly in the business of acquiring, developing and managing retail real estate. Some of its properties in the portfolio include Walmart, 7-Eleven, Wawa, Gerber Collision and others.

Employees: 72

Financials Real Estate Investment Trusts

0

Funds holding %

of 6,740 funds

0

Analysts bullish %

of 10 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

167% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 8 (+5) [Q2]

30% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 44

15% more repeat investments, than reductions

Existing positions increased: 158 | Existing positions reduced: 137

14% more capital invested

Capital invested by funds: $5.68B [Q1] → $6.46B (+$770M) [Q2]

4.58% more ownership

Funds ownership: 99.02% [Q1] → 103.6% (+4.58%) [Q2]

3% more funds holding

Funds holding: 388 [Q1] → 401 (+13) [Q2]

23% less call options, than puts

Call options by funds: $8.52M | Put options by funds: $11.1M

See Fund Rankings

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$70

7%

downside

Avg. target

$76

1%

upside

High target

$81

8%

upside

10 analyst ratings

9 positive

90%

1 neutral

10%

0 negative

0%

UBS Michael Goldsmith 50% 1-year accuracy 4 / 8 met price target	2%upside $77	Neutral Maintained	16 Oct 2024
Keybanc Upal Rana 100% 1-year accuracy 1 / 1 met price target	6%upside $80	Overweight Maintained	4 Oct 2024
Wells Fargo John Kilichowski 0% 1-year accuracy 0 / 2 met price target	6%upside $80	Overweight Assumed	1 Oct 2024
Wells Fargo Connor Siversky 100% 1-year accuracy 10 / 10 met price target	2%upside $77	Overweight Maintained	26 Aug 2024
Raymond James RJ Milligan 85% 1-year accuracy 22 / 26 met price target	8%upside $81	Strong Buy Maintained	21 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 22 articles about ADC published over the past 30 days

If I Could Only Buy 3 REITs For The Next Year

Today's market environment is evolving very rapidly. It is time to review our Top Picks for 2025. Here are 3 REITs to buy for the next year.

If I Could Only Buy 3 REITs For The Next Year

Zacks Investment Research

Unlocking Q3 Potential of Agree Realty (ADC): Exploring Wall Street Estimates for Key Metrics

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Agree Realty (ADC), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.

Unlocking Q3 Potential of Agree Realty (ADC): Exploring Wall Street Estimates for Key Metrics

Wakeup Call - It's Time To Buy High-Yield Dividends

The market is experiencing robust earnings growth, low inflation, and solid GDP figures, leading many to feel bullish despite underlying economic challenges. While valuations are high, investors are banking on an "immaculate soft landing" for growth, making high-quality dividend stocks an attractive choice. I'm gradually shifting my focus to high-yield dividend stocks, anticipating better risk/reward scenarios compared to the S&P 500 in the coming years.

Wakeup Call - It's Time To Buy High-Yield Dividends

October's 5 Dividend Growth Stocks With 5.10%+ Yields

Dividend growth stocks can offer a passive way to grow your cash flow over time that can be used to pay the bills during retirement. We screen for some attractive names to consider, looking at dividend safety, growth and consistency, highlighting 5 that come with some of the highest yields. This month, we have 3 familiar names that make the screening regularly, but we also have 2 new names that we haven't touched on previously.

October's 5 Dividend Growth Stocks With 5.10%+ Yields

Zacks Investment Research

Should You Buy Agree Realty (ADC) Ahead of Earnings?

Agree Realty (ADC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Agree Realty (ADC) Ahead of Earnings?

Yields Up To 9%: 3 REITs To Buy For 2025

Interest rates are now headed to lower levels. But REITs still offer up to 9% dividend yields. I highlight three of my favorite high yielding REITs for 2025.

Yields Up To 9%: 3 REITs To Buy For 2025

U.S. REITs Log Dip In Short Interest In September

Average REIT short interest fell 8 basis points in September to 3.7% of shares outstanding, per S&P Global Market Intelligence data. The hotel sector followed with a 60-basis point drop, while the office sector remained the most-shorted at 5.3% of shares outstanding. Wheeler Real Estate Investment Trust logged the largest increase in short interest, up 16 percentage points to 32.4% of shares outstanding.

U.S. REITs Log Dip In Short Interest In September

Resolving Dilemma Between Realty Income And Agree Realty

Realty Income and Agree Realty are structurally similar REITs with a strong focus on the net lease retail segment and very defensive fundamentals. Yet, as a durable income investor, who seeks to maximize yield, while keeping the dividend cut risk limited, I have decided to include only one of them in my portfolio. In this article, I compare ADC and O side by side, elaborating on the key aspects, which, in my opinion, substantiate bullish views on both of them.

Resolving Dilemma Between Realty Income And Agree Realty

3 Of The Biggest Lessons Of My 30+ Year Investing Career

My career in real estate development taught me the importance of analyzing financial statements and identifying durable competitive advantages, much like stock investing. Transparency is crucial; my bad experience with a dishonest business partner led me to prefer REITs over private real estate for their corporate governance and audited reports. Avoid highly specialized properties; focus on "fungible" boxes like those owned by Agree Realty, which offer better tenant replacement potential and lower rental rates.

3 Of The Biggest Lessons Of My 30+ Year Investing Career

8 Dividend Stocks On My Buy List As Inflation Keeps Dropping

Disinflationary trends persist, with CPI showing a steady decline, despite media drama over slightly higher-than-expected figures; energy stocks remain attractive for long-term investors. Realty Income should consider breaking into smaller REITs for better growth. Protectionist tariffs hurt US manufacturing, and labor shortages loom globally.

8 Dividend Stocks On My Buy List As Inflation Keeps Dropping

See News Rankings

Charts implemented using Lightweight Charts™