Agree Realty Announces $400M Public Offering

Agree Realty ( (ADC) ) has issued an announcement.

On May 14, 2025, Agree Limited Partnership, a subsidiary of Agree Realty Corporation, entered into an underwriting agreement for a $400 million public offering of 5.600% Notes due 2035. This move signifies a strategic financial decision aimed at strengthening the company’s capital structure, potentially impacting its market positioning and offering opportunities for stakeholders.

The most recent analyst rating on (ADC) stock is a Buy with a $67.50 price target. To see the full list of analyst forecasts on Agree Realty stock, see the ADC Stock Forecast page.

Spark’s Take on ADC Stock

According to Spark, TipRanks’ AI Analyst, ADC is a Outperform.

Agree Realty demonstrates strong financial performance with consistent revenue growth and solid cash flow, contributing to a high overall score. The earnings call further supports a positive outlook with increased guidance. However, technical indicators suggest potential short-term weakness, and the high P/E ratio reflects a rich valuation, which tempers the overall score.

To see Spark’s full report on ADC stock, click here.

More about Agree Realty

Average Trading Volume: 1,439,543

Technical Sentiment Signal: Buy

Current Market Cap: $7.97B

For a thorough assessment of ADC stock, go to TipRanks’ Stock Analysis page.