Agree RealtyADC
ADC
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-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: 75
0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
100% more call options, than puts
Call options by funds: $7.54M | Put options by funds: $3.78M
78% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 37
75% more funds holding in top 10
Funds holding in top 10: 4 [Q3] → 7 (+3) [Q4]
47% more repeat investments, than reductions
Existing positions increased: 190 | Existing positions reduced: 129
4% more funds holding
Funds holding: 425 [Q3] → 444 (+19) [Q4]
2.97% more ownership
Funds ownership: 110.2% [Q3] → 113.17% (+2.97%) [Q4]
5% more capital invested
Capital invested by funds: $8.32B [Q3] → $8.72B (+$399M) [Q4]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$75
3%
downside
Avg. target
$80
3%
upside
High target
$83
7%
upside
7 analyst ratings
5 positive
71%
2 neutral
29%
0 negative
0%
Baird RJ Milligan 33% 1-year accuracy 8 / 24 met price target | 3%upside $80 | Outperform Maintained | 25 Apr 2025 |
Evercore ISI Group James Kammert 40% 1-year accuracy 2 / 5 met price target | 7%upside $83 | Outperform Maintained | 24 Apr 2025 |
Stifel Simon Yarmak 31% 1-year accuracy 13 / 42 met price target | 6%upside $83 | Buy Maintained | 23 Apr 2025 |
Mizuho Haendel St. Juste 65% 1-year accuracy 11 / 17 met price target | 4%upside $81 | Neutral Maintained | 3 Apr 2025 |
Wells Fargo John Kilichowski 61% 1-year accuracy 11 / 18 met price target | 4%upside $81 | Overweight Maintained | 10 Mar 2025 |
Financial journalist opinion
Based on 21 articles about ADC published over the past 30 days
Positive
Seeking Alpha
18 hours ago
3 Once-In-A-Decade REIT Opportunities
REITs are priced at the lowest valuations since 2009. After a long bear market, REITs are getting ready to recover. Some REITs will richly reward shareholders. Here are 3 once-in-a-decade opportunities that we are accumulating.
Positive
Seeking Alpha
19 hours ago
Agree Realty: The Steady Eddy Monthly Payer You Need Amidst Market Uncertainty
Agree Realty Corporation offers a solid monthly yield of nearly 3%, a recession-resistant portfolio, and astute management, making it a strong buy despite seeming expensive. Q1 2025 earnings showed robust performance with core FFO and revenue growth, driven by strategic investments and annual rent escalators. The REIT's low AFFO payout ratio of 72% and strong balance sheet with minimal debt until 2028 position ADC well for growth and stability.
Positive
Seeking Alpha
3 days ago
Tensions Ease Ahead Of Critical Week
US equity markets resumed their recovery this week from the "liberation day" plunge after the White House negotiated trade deals with several nations and indicated plans to ease China tariffs. Trimming its drawdown to around 10% from its mid-February highs, the S&P 500 rallied 4.6% this week - erasing an early-week dip with four-straight days of gains. After posting significant outperformance last week, real estate equities were among the laggards this week despite a solid start to REIT earnings season and a much-needed retreat in benchmark rates.
Positive
Seeking Alpha
3 days ago
Forget Gold, Buy Dividends - 3 Great Places To Buy Income
Gold is experiencing a strong rally, with rising demand due to economic uncertainty and market volatility. However, despite its appeal as a safe haven, I prefer dividend stocks over gold. Gold has a long history of preserving wealth, but it lacks the consistent returns and cash flow that dividend stocks provide. I believe high-quality dividend stocks are better investments. Real estate, energy, and utilities offer the highest yields, and I particularly favor midstream energy companies and safe net lease REITs. These stocks offer steady income and growth potential.
Neutral
PRNewsWire
5 days ago
Agree Realty Announces Exercise of Underwriters' Option and Closing of Forward Offering of Common Stock
ROYAL OAK, Mich. , April 25, 2025 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that it has completed its public offering of 5,175,000 shares of its common stock, which includes the underwriters' full exercise of their option to purchase additional shares, pursuant to the forward sale agreement described below.
Neutral
PRNewsWire
1 week ago
Agree Realty Announces Pricing of Forward Common Stock Offering
ROYAL OAK, Mich. , April 23, 2025 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced the pricing of its public offering of 4,500,000 shares of its common stock at a public offering price of $75.70 per share in connection with the forward sale agreement described below.
Neutral
PRNewsWire
1 week ago
Agree Realty Announces Common Stock Offering
ROYAL OAK, Mich. , April 23, 2025 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that it commenced an underwritten public offering of 4,500,000 shares of its common stock in connection with the forward sale agreement described below.
Neutral
Seeking Alpha
1 week ago
Agree Realty Corporation (ADC) Q1 2025 Earnings Call Transcript
Agree Realty Corporation (NYSE:ADC ) Q1 2025 Earnings Conference Call April 23, 2025 9:00 AM ET Company Participants Reuben Treatman - Senior Director of Corporate Finance Joey Agree - President and Chief Executive Officer Peter Coughenour - Chief Financial Officer Conference Call Participants Ki Bin Kim - Truist Securities Smedes Rose - Citigroup RJ Milligan - Raymond James & Associates, Inc. Michael Goldsmith - UBS Linda Tsai - Jefferies Group LLC John Kilichowski - Wells Fargo Securities, LLC Ronald Kamdem - Morgan Stanley & Co. LLC Spenser Glimcher - Green Street Jana Galan - Bank of America Securities James Kammert - Evercore ISI Upal Rana - KeyBanc Capital Markets Rich Hightower - Barclays Operator Good morning and welcome to the Agree Realty First Quarter 2025 Conference Call. All participants will be in a listen-only mode.
Positive
Seeking Alpha
1 week ago
2 Oversold Industrial Powerhouses Long-Term Dividend Investors Should Consider
Prologis and EastGroup Properties are trading below historical averages, presenting a buying opportunity for long-term dividend investors amid market volatility. Both REITs have robust balance sheets, solid growth prospects, and well-covered dividends, making them resilient against economic downturns and tariff impacts. Prologis and EastGroup offer attractive dividend yields, with consistent growth and conservative payout ratios, ensuring steady income for investors.
Positive
Zacks Investment Research
1 week ago
Agree Realty (ADC) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
Although the revenue and EPS for Agree Realty (ADC) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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