NYSE:ADC Agree Realty (ADC) Stock Price, News & Analysis $75.04 +0.14 (+0.19%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$74.49▼$75.0950-Day Range$61.47▼$75.0352-Week Range$52.69▼$75.55Volume592,566 shsAverage Volume967,109 shsMarket Capitalization$7.55 billionP/E Ratio44.14Dividend Yield4.00%Price Target$70.42 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Agree Realty alerts: Email Address Agree Realty MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.77 Rating ScoreUpside/Downside6.2% Downside$70.42 Price TargetShort InterestBearish9.91% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.31Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth3.40%From $4.12 to $4.26 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.61 out of 5 starsFinance Sector624th out of 871 stocksReal Estate Investment Trusts Industry125th out of 178 stocks 2.4 Analyst's Opinion Consensus RatingAgree Realty has received a consensus rating of Moderate Buy. The company's average rating score is 2.77, and is based on 8 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageAgree Realty has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Agree Realty's stock forecast and price target. Previous Next 0.0 Short Interest Percentage of Shares Shorted9.91% of the outstanding shares of Agree Realty have been sold short.Short Interest Ratio / Days to CoverAgree Realty has a short interest ratio ("days to cover") of 10.9, which indicates bearish sentiment.Change versus previous monthShort interest in Agree Realty has recently increased by 21.59%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipAgree Realty is a leading dividend payer. It pays a dividend yield of 4.02%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAgree Realty does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Agree Realty is 176.47%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Agree Realty will have a dividend payout ratio of 70.42% next year. This indicates that Agree Realty will be able to sustain or increase its dividend.Read more about Agree Realty's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ADC. Previous Next 3.0 News and Social Media Coverage News SentimentAgree Realty has a news sentiment score of 1.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Agree Realty this week, compared to 7 articles on an average week.Search Interest28 people have searched for ADC on MarketBeat in the last 30 days. This is an increase of 75% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Agree Realty to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Agree Realty insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.80% of the stock of Agree Realty is held by insiders.Percentage Held by Institutions97.83% of the stock of Agree Realty is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Agree Realty's insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Agree Realty are expected to grow by 3.40% in the coming year, from $4.12 to $4.26 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Agree Realty is 44.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.08.Price to Earnings Ratio vs. SectorThe P/E ratio of Agree Realty is 44.14, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 32.60.Price to Earnings Growth RatioAgree Realty has a PEG Ratio of 2.44. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAgree Realty has a P/B Ratio of 1.51. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Agree Realty's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyWhy billionaires are wiring money to abandoned towns A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution. Click here for my exclusive video About Agree Realty Stock (NYSE:ADC)Agree Realty Corporation is a publicly traded real estate investment trust that is RETHINKING RETAIL through the acquisition and development of properties net leased to industry-leading, omni-channel retail tenants. As of December 31, 2023, the Company owned and operated a portfolio of 2,135 properties, located in 49 states and containing approximately 44.2 million square feet of gross leasable area. The Company's common stock is listed on the New York Stock Exchange under the symbol "ADC".Read More ADC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ADC Stock News HeadlinesSeptember 6 at 3:31 AM | americanbankingnews.comAgree Realty Co. (NYSE:ADC) Receives Consensus Rating of "Moderate Buy" from AnalystsSeptember 2, 2024 | insidermonkey.comAgree Realty Corporation (ADC): A Good Stock That Pay Dividends MonthlySeptember 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.August 29, 2024 | americanbankingnews.comAgree Realty Co. (NYSE:ADC) Declares Monthly Dividend of $0.25August 29, 2024 | seekingalpha.comAgree Realty: This REIT Is Almost The Most Expensive In Net LeaseAugust 28, 2024 | americanbankingnews.comAgree Realty (NYSE:ADC) PT Raised to $77.00August 27, 2024 | markets.businessinsider.comWells Fargo Keeps Their Buy Rating on Agree Realty (ADC)August 18, 2024 | msn.comHere’s how to take advantage of the new realtor commission dealSeptember 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.August 18, 2024 | msn.comAs new real estate agent rule goes into effect, will buyers and sellers see impact?August 15, 2024 | seekingalpha.comAgree Realty: Common Or Preferred? One Is The Better BuyAugust 13, 2024 | prnewswire.comAgree Realty Declares Monthly Common and Preferred DividendsAugust 8, 2024 | prnewswire.comAgree Realty Announces Expanded $1.25 Billion Credit FacilityAugust 6, 2024 | finance.yahoo.comADCPRA,0P0001NA21,5358 (ADCPRA)August 5, 2024 | fool.comWhy Agree Realty Stock Jumped Over 11% in JulyAugust 1, 2024 | fool.comThis High-Yield Dividend Stock Continues to Show Why It's a Phenomenal Passive Income InvestmentJuly 29, 2024 | prnewswire.comAgree Realty Receives Upgrade to BBB+ From S&P Global RatingsJuly 29, 2024 | seekingalpha.comAgree Realty Is Set To Outperform Its Peers: Here's WhySee More Headlines Receive ADC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Agree Realty and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings7/23/2024Ex-Dividend for 8/14 Dividend7/31/2024Dividend Payable8/14/2024Ex-Dividend for 9/16 Dividend8/30/2024Today9/07/2024Dividend Payable9/16/2024Next Earnings (Estimated)10/22/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryRetail REITs Current SymbolNYSE:ADC CUSIP00849210 CIK917251 Webwww.agreerealty.com Phone(248) 737-4190Fax248-737-9110Employees80Year Founded1971Price Target and Rating Average Stock Price Target$70.42 High Stock Price Target$81.00 Low Stock Price Target$62.00 Potential Upside/Downside-6.2%Consensus RatingModerate Buy Rating Score (0-4)2.77 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$1.70 Trailing P/E Ratio44.14 Forward P/E Ratio18.21 P/E Growth2.44Net Income$169.96 million Net Margins32.08% Pretax Margin32.19% Return on Equity3.72% Return on Assets2.39% Debt Debt-to-Equity Ratio0.54 Current Ratio0.79 Quick Ratio0.79 Sales & Book Value Annual Sales$583.01 million Price / Sales12.95 Cash Flow$3.93 per share Price / Cash Flow19.11 Book Value$49.57 per share Price / Book1.51Miscellaneous Outstanding Shares100,626,000Free Float98,815,000Market Cap$7.55 billion OptionableOptionable Beta0.58 Social Links Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Richard A. Agree (Age 80)Executive Chairman of the Board Mr. Joel N. Agree (Age 45)President, CEO & Director Comp: $4.01MMr. Peter Coughenour (Age 31)CFO, Secretary & Investor Relations Professional Comp: $973.68kMs. Nicole Witteveen (Age 34)Chief Operating Officer Comp: $518.49kMs. Danielle M. Spehar (Age 56)General Counsel Comp: $711.53kMr. Craig Erlich (Age 56)Chief Growth Officer Comp: $1.05MMr. Stephen BreslinChief Accounting OfficerMr. Brian Michael HawthorneDirector of Corporate FinanceMr. Larry KaufmanChief Information Officer & VP of Continuous ImprovementMr. Josh BrattonDirector of DevelopmentMore ExecutivesKey CompetitorsRyman Hospitality PropertiesNYSE:RHPSpirit Realty CapitalNYSE:SRCPS Business ParksNYSE:PSBRayonierNYSE:RYNPhillips Edison & Company, Inc.NASDAQ:PECOView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 21,372 shares on 9/5/2024Ownership: 0.021%Dana Investment Advisors Inc.Bought 170 shares on 8/27/2024Ownership: 0.029%Cetera Investment AdvisersSold 6,559 shares on 8/22/2024Ownership: 0.017%Truist Financial CorpSold 7,242 shares on 8/21/2024Ownership: 0.051%Pathway Financial Advisers LLCBought 409 shares on 8/20/2024Ownership: 0.013%View All Insider TransactionsView All Institutional Transactions ADC Stock Analysis - Frequently Asked Questions How have ADC shares performed this year? Agree Realty's stock was trading at $62.95 at the start of the year. Since then, ADC stock has increased by 19.2% and is now trading at $75.04. View the best growth stocks for 2024 here. How were Agree Realty's earnings last quarter? Agree Realty Co. (NYSE:ADC) announced its earnings results on Tuesday, July, 23rd. The real estate investment trust reported $0.52 earnings per share for the quarter, missing analysts' consensus estimates of $1.03 by $0.51. The firm's revenue for the quarter was up 17.5% compared to the same quarter last year. What is Richard Agree's approval rating as Agree Realty's CEO? 1 employees have rated Agree Realty Chief Executive Officer Richard Agree on Glassdoor.com. Richard Agree has an approval rating of 100% among the company's employees. This puts Richard Agree in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. Who are Agree Realty's major shareholders? Top institutional investors of Agree Realty include Principal Financial Group Inc. (4.57%), Long Pond Capital LP (2.51%), Daiwa Securities Group Inc. (1.80%) and Dimensional Fund Advisors LP (1.51%). Insiders that own company stock include Joey Agree, John Rakolta Jr, Richard Agree, Craig Erlich, Greg Lehmkuhl, Stephen Breslin, Peter Coughenour and Merrie S Frankel. View institutional ownership trends. How do I buy shares of Agree Realty? Shares of ADC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Agree Realty own? Based on aggregate information from My MarketBeat watchlists, some other companies that Agree Realty investors own include Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Accenture (ACN), Charles Schwab (SCHW) and AutoZone (AZO). This page (NYSE:ADC) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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