NYSE:ADC Agree Realty (ADC) Stock Price, News & Analysis → Nvidia is Pivoting to Solve Big Tech’s $1 Trillion Problem (From Weiss Ratings) (Ad) Free ADC Stock Alerts $60.76 +0.50 (+0.83%) (As of 05/31/2024 08:50 PM ET) Add Compare Share Share Today's Range$59.76▼$60.8550-Day Range$54.90▼$60.7552-Week Range$52.69▼$69.26Volume848,900 shsAverage Volume979,312 shsMarket Capitalization$6.11 billionP/E Ratio35.74Dividend Yield4.94%Price Target$65.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Agree Realty alerts: Email Address Agree Realty MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside7.4% Upside$65.25 Price TargetShort InterestBearish3.76% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.23Based on 12 Articles This WeekInsider TradingAcquiring Shares$83,888 Bought Last QuarterProj. Earnings Growth2.43%From $4.11 to $4.21 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.2.08 out of 5 starsFinance Sector643rd out of 875 stocksReal Estate Investment Trusts Industry128th out of 177 stocks 1.3 Analyst's Opinion Consensus RatingAgree Realty has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 6 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageAgree Realty has only been the subject of 2 research reports in the past 90 days.Read more about Agree Realty's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.76% 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 4.Change versus previous monthShort interest in Agree Realty has recently increased by 1.07%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend LeadershipAgree Realty is a leading dividend payer. It pays a dividend yield of 4.94%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAgree Realty has only been increasing its dividend for 2 years.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 71.26% 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 2.9 News and Social Media Coverage News SentimentAgree Realty has a news sentiment score of 1.23. 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 0.76 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Agree Realty this week, compared to 6 articles on an average week.Search InterestOnly 29 people have searched for ADC on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat FollowsOnly 34 people have added Agree Realty to their MarketBeat watchlist in the last 30 days. This is a decrease of -6% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Agree Realty insiders have bought more of their company's stock than they have sold. Specifically, they have bought $83,888.00 in company stock and sold $0.00 in 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Agree Realty are expected to grow by 2.43% in the coming year, from $4.11 to $4.21 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Agree Realty is 35.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.44.Price to Earnings Ratio vs. SectorThe P/E ratio of Agree Realty is 35.74, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.19.Price to Earnings Growth RatioAgree Realty has a PEG Ratio of 2.41. 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 1.22. 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 Wealthpin ProTrump’s Gift Could Unleash $51 Billion in New WealthIn January 2021, Donald Trump silently rolled out a special gift to the American public… One that top house republicans called “The Key To America’s Economic Future”.You just have to make this simple move before July 30, 2024. 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 HeadlinesMay 29, 2024 | insidertrades.comAgree Realty Co. (NYSE:ADC) Director Greg Lehmkuhl Buys 1,000 Shares of StockJune 1 at 10:20 AM | fool.comIs Agree Realty Stock a Buy?May 31 at 8:18 AM | americanbankingnews.comAgree Realty (NYSE:ADC) Now Covered by Analysts at UBS GroupMay 30, 2024 | fool.com3 REITs I Like Better Than Realty IncomeMay 30, 2024 | fool.comIs Agree Realty the Best High-Yield REIT Stock for You?May 29, 2024 | americanbankingnews.comAgree Realty Co. (NYSE:ADC) Given Average Rating of "Moderate Buy" by BrokeragesMay 27, 2024 | seekingalpha.comAgree Realty: Preferred Pricing Improves Relative To CommonMay 26, 2024 | seekingalpha.comAgree Realty: Waiting For Rate Cuts With The Commons And PreferredsMay 26, 2024 | fool.comForget Realty Income: 2 High-Yield REIT Stocks to Buy InsteadMay 26, 2024 | fool.comGot $1,000? Here Are 3 Magnificent High-Yield Dividend Stocks to Buy Right Now for a Potential Lifetime of Passive Income.May 25, 2024 | seekingalpha.comAgree Realty Corporation: Elite-Level Business Metrics With Room To Further OutperformMay 22, 2024 | fool.comWant Decades of Passive Income? 3 Stocks to Buy Right NowMay 18, 2024 | seekingalpha.comVery Good News About Realty IncomeMay 15, 2024 | fool.com3 Magnificent Stocks to Buy That Are Near 52-Week LowsMay 14, 2024 | msn.comAgree Realty declares $0.250 dividendMay 14, 2024 | prnewswire.comAgree Realty Declares Monthly Common and Preferred DividendsMay 14, 2024 | investorplace.comMonthly Payout Marvels: 7 DRIP-Ready Stocks for Steady Cash FlowMay 12, 2024 | fool.comAgree Realty Stock: Buy, Sell, or Hold?May 10, 2024 | markets.businessinsider.comThe Analyst Verdict: Agree Realty In The Eyes Of 7 ExpertsMay 9, 2024 | fool.com1 Magnificent Dividend Stock Down 25% to Buy and Hold ForeverMay 8, 2024 | markets.businessinsider.comBuy Rating Affirmed for Agree Realty on Strong Financial Tactics and Market PositioningMay 8, 2024 | investorplace.comThe 3 Most Undervalued REITs to Buy in May 2024May 6, 2024 | prnewswire.comAgree Realty Announces Pricing of $450 Million of 5.625% Senior Unsecured Notes Due 2034April 27, 2024 | seekingalpha.comAgree Realty Q1: Who Cares About Lower Interest Rates When You Can Collect 9% While You WaitApril 26, 2024 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Real Estate Stocks: Eastgroup Properties (EGP), Ascott Residence (OtherATTRF) and Agree Realty (ADC)See 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 Earnings5/05/2023Ex-Dividend for 5/14 Dividend4/29/2024Dividend Payable5/14/2024Ex-Dividend for 6/14 Dividend5/31/2024Today6/02/2024Dividend Payable6/14/2024Next Earnings (Estimated)8/06/2024Fiscal 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) 737-4190Fax248-737-9110Employees72Year Founded1971Price Target and Rating Average Stock Price Target$65.25 High Stock Price Target$71.00 Low Stock Price Target$60.00 Potential Upside/Downside+7.4%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$1.70 Trailing P/E Ratio35.74 Forward P/E Ratio14.78 P/E Growth2.41Net Income$169.96 million Net Margins30.91% Pretax Margin31.01% Return on Equity3.48% Return on Assets2.27% Debt Debt-to-Equity Ratio0.50 Current Ratio0.71 Quick Ratio0.71 Sales & Book Value Annual Sales$537.49 million Price / Sales11.38 Cash Flow$3.82 per share Price / Cash Flow15.90 Book Value$49.73 per share Price / Book1.22Miscellaneous Outstanding Shares100,630,000Free Float98,815,000Market Cap$6.11 billion OptionableOptionable Beta0.52 Social Links 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?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 CompetitorsSpirit Realty CapitalNYSE:SRCRyman Hospitality PropertiesNYSE:RHPPS Business ParksNYSE:PSBRayonierNYSE:RYNWeingarten Realty InvestorsNYSE:WRIView All CompetitorsInsiders & InstitutionsPathway Financial Advisers LLCBought 12,910 shares on 5/29/2024Ownership: 0.013%Greg LehmkuhlBought 1,000 shares on 5/23/2024Total: $58,990.00 ($58.99/share)Virtu Financial LLCBought 10,487 shares on 5/20/2024Ownership: 0.010%Walleye Trading LLCBought 16,711 shares on 5/17/2024Ownership: 0.017%California State Teachers Retirement SystemSold 1,811 shares on 5/16/2024Ownership: 0.100%View All Insider TransactionsView All Institutional Transactions ADC Stock Analysis - Frequently Asked Questions Should I buy or sell Agree Realty stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Agree Realty in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ADC shares. View ADC analyst ratings or view top-rated stocks. What is Agree Realty's stock price target for 2024? 10 brokers have issued twelve-month target prices for Agree Realty's shares. Their ADC share price targets range from $60.00 to $71.00. On average, they predict the company's share price to reach $65.25 in the next year. This suggests a possible upside of 7.4% from the stock's current price. View analysts price targets for ADC or view top-rated stocks among Wall Street analysts. How have ADC shares performed in 2024? Agree Realty's stock was trading at $62.95 at the beginning of 2024. Since then, ADC shares have decreased by 3.5% and is now trading at $60.76. View the best growth stocks for 2024 here. Are investors shorting Agree Realty? Agree Realty saw a decrease in short interest in the month of April. As of April 30th, there was short interest totaling 3,740,000 shares, a decrease of 7.4% from the April 15th total of 4,040,000 shares. Based on an average daily volume of 1,040,000 shares, the days-to-cover ratio is currently 3.6 days. View Agree Realty's Short Interest. When is Agree Realty's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024. View our ADC earnings forecast. How were Agree Realty's earnings last quarter? Agree Realty Co. (NYSE:ADC) issued its quarterly earnings results on Friday, May, 5th. The real estate investment trust reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.96 by $0.52. The real estate investment trust had revenue of $126.62 million for the quarter, compared to the consensus estimate of $124.55 million. Agree Realty had a net margin of 30.91% and a trailing twelve-month return on equity of 3.48%. During the same period last year, the business posted $0.97 EPS. How often does Agree Realty pay dividends? What is the dividend yield for Agree Realty? Agree Realty announced a monthly dividend on Tuesday, May 14th. Shareholders of record on Friday, May 31st will be given a dividend of $0.25 per share on Friday, June 14th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 4.94%. The ex-dividend date of this dividend is Friday, May 31st. Read our dividend analysis for ADC. Is Agree Realty a good dividend stock? Agree Realty (NYSE:ADC) pays an annual dividend of $3.00 per share and currently has a dividend yield of 4.94%. ADC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 176.47%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ADC will have a dividend payout ratio of 71.26% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ADC. What ETFs hold Agree Realty's stock? ETFs with the largest weight of Agree Realty (NYSE:ADC) stock in their portfolio include NETLease Corporate Real Estate ETF (NETL), Janus Henderson U.S. Real Estate ETF (JRE), Invesco Real Assets ESG ETF (IVRA), JPMorgan Realty Income ETF (JPRE), AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG), Invesco S&P MidCap Low Volatility ETF (XMLV), InfraCap Equity Income Fund ETF (ICAP) and iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV). What guidance has Agree Realty issued on next quarter's earnings? Agree Realty issued an update on its FY 2024 earnings guidance on Tuesday, April, 23rd. The company provided earnings per share (EPS) guidance of 4.100-4.130 for the period, compared to the consensus estimate of 4.070. The company issued revenue guidance of -. 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. What other stocks do shareholders of Agree Realty own? Based on aggregate information from My MarketBeat watchlists, some companies that other Agree Realty investors own include Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Accenture (ACN), Charles Schwab (SCHW), AutoZone (AZO), Hudson Technologies (HDSN), Och-Ziff Capital Management Group (OZM) and Vicor (VICR). Who are Agree Realty's major shareholders? Agree Realty's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (14.39%), Principal Financial Group Inc. (5.64%), Centersquare Investment Management LLC (3.45%), Long Pond Capital LP (2.85%), Janus Henderson Group PLC (1.54%) and Daiwa Securities Group Inc. (1.16%). Insiders that own company stock include Craig Erlich, Greg Lehmkuhl, Joey Agree, John Rakolta Jr, Merrie S Frankel, Merrie S Frankel, Peter Coughenour, Richard Agree and Stephen Breslin. 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. This page (NYSE:ADC) was last updated on 6/3/2024 by MarketBeat.com Staff From Our PartnersWrite this ticker symbol down…StocksToTradeTrump’s Gift Could Unleash $51 Billion in New WealthWealthpin ProBiden replacement revealed?Paradigm PressExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersHe Is Giving Away BitcoinCrypto Swap ProfitsShocking $16T Elon Musk Crypto LeakCrypto 101 MediaBiden Nomination CANCELED?The Freeport SocietyBuy this small stock before coming AI Tidal WaveChaikin Analytics Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Agree Realty Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.