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ADC Stock Chart & Stats
$74.32
-$0.19(-0.24%)
At close: 4:00 PM EDT
$74.32
-$0.19(-0.24%)
Day’s Range― - ―
52-Week Range$64.43 - $82.08
Previous CloseN/A
Volume480.05K
Average Volume (3M)1.65M
Market Cap
$8.19B
Enterprise Value$13.20B
Total Cash (Recent Filing)$12.52M
Total Debt (Recent Filing)$3.92B
Price to Earnings (P/E)36.0
Beta0.02
Next Earnings
Oct 20, 2026EPS Estimate
0.48Next Dividend Ex-DateN/A
Dividend Yield4.82%
Share Statistics
EPS (TTM)1.86
Shares Outstanding124,379,310
10 Day Avg. Volume1,802,421
30 Day Avg. Volume1,653,435
Financial Highlights & Ratios
PEG Ratio-36.42
Price to Book (P/B)1.27
Price to Sales (P/S)11.10
P/FCF Ratio15.82
Enterprise Value/Market Cap1.61
Enterprise Value/Revenue16.93
Enterprise Value/Gross Profit24.23
Enterprise Value/Ebitda21.05
Forecast
1Y Price Target
$80.85Price Target Upside8.79% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
EPS Forecast (FY)1.9
Revenue Forecast (FY)$835.36M
Bulls Say, Bears Say
Bulls Say
Steady Growth And Earnings QualityRecurring rental revenue has supported steady growth, while operating cash flow materially exceeding net income indicates strong earnings quality. This combination gives ADC a durable base for funding investments, dividends, and portfolio expansion over the coming quarters.
Near-Full Occupancy And Strong Tenant BaseRecord occupancy and broad exposure to investment-grade retailers support dependable rent collection and reduce near-term vacancy risk. ADC’s national, diversified portfolio and lease execution also strengthen the durability of recurring income across the next several quarters.
Investment Pipeline And Raised AFFO GuidanceA larger investment pipeline, record quarterly acquisitions, and higher AFFO guidance show continued capacity to expand the income-producing asset base. Long lease terms and substantial investment-grade exposure can help translate deployment into durable cash-flow growth.
Bears Say
Weak Recent Free-Cash-Flow ConversionThe sharp deterioration in trailing free-cash-flow conversion reduces confidence that reported earnings are translating consistently into discretionary cash. If sustained, this could constrain internally funded investment and increase reliance on external capital for growth.
Leverage Depends On Forward Equity SettlementADC’s headline leverage metrics rely partly on successful settlement of forward equity commitments. Delays or alternative funding actions could leave leverage higher than the pro forma figure, reducing financial flexibility and increasing dependence on capital-market execution.
Increasing Ground-Lease ConcentrationA growing ground-lease concentration makes portfolio composition more dependent on a specific asset structure and its reversion and timing characteristics. Management identifies this exposure as elevated, creating a durable consideration for future portfolio economics.
Agree Realty News
ADC FAQ
What was Agree Realty’s price range in the past 12 months?
Agree Realty lowest stock price was $64.43 and its highest was $82.08 in the past 12 months.
What is Agree Realty’s market cap?
Agree Realty’s market cap is $8.19B.
When is Agree Realty’s upcoming earnings report date?
Agree Realty’s upcoming earnings report date is Oct 20, 2026 which is today.
How were Agree Realty’s earnings last quarter?
Agree Realty released its earnings results on Jul 30, 2026. The company reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.476 by -$0.036.
Is Agree Realty overvalued?
According to Wall Street analysts Agree Realty’s price is currently Undervalued.
Does Agree Realty pay dividends?
Agree Realty pays a Monthly dividend of $0.271 which represents an annual dividend yield of 4.82%. See more information on Agree Realty dividends here
What is Agree Realty’s EPS estimate?
Agree Realty’s EPS estimate is 0.48.
How many shares outstanding does Agree Realty have?
Agree Realty has 124,379,310 shares outstanding.
What happened to Agree Realty’s price movement after its last earnings report?
Agree Realty reported an EPS of $0.44 in its last earnings report, missing expectations of $0.476. Following the earnings report the stock price went down -0.438%.
Which hedge fund is a major shareholder of Agree Realty?
Currently, no hedge funds are holding shares in ADC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Agree Realty Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$80.85 (8.79% Upside)
$80.85 (8.79% Upside)
Blogger Sentiment
Bullish
ADC Sentiment 78%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Increased
By 29.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $1.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.8%
Last 30 Days ▲ 2.4%
Last 30 Days ▲ 2.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-8.48%
12-Months-Change
Fundamentals
Return on Equity
3.61%
Trailing 12-Months
Asset Growth
16.53%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Agree Realty
Agree Realty Corporation functions as a publicly traded Real Estate Investment Trust (REIT), concentrating its efforts on the acquisition and development of commercial properties. These assets are primarily net-leased to leading companies within the retail sector. As of September 30, 2020, the firm oversaw a substantial portfolio of 1,027 properties, which were distributed across 45 U.S. states and encompassed a total gross leasable area of approximately 21.0 million square feet. Shares of Agree Realty's common stock are available for trade on the New York Stock Exchange, identified by the ticker symbol ADC.
ADC Company Deck
ADC Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented multiple strong operational and financial achievements: record investment activity, robust earnings growth (core FFO +7.5%, AFFO +7.4% YoY), upgraded AFFO guidance (nearly 6% growth), accelerating development/DFP activity, excellent occupancy (99.8%), and a well-hedged, liquid balance sheet. The company has some execution- and market-related watch items — reliance on forward equity settlements for leverage metrics, a modeled (but modest) credit/occupancy loss, elevated near-term ground lease concentration, and general interest rate uncertainty — but management has taken active hedging and liquidity steps to mitigate these risks. Overall, the positive operational momentum, guidance raises, and conservative balance sheet positioning outweigh the manageable risks discussed.View all ADC earnings summariesADC Stock 12 Month Forecast
Average Price Target
$80.85
▲(8.79% Upside)
Technical Analysis
Ownership Overview
1.83% Insiders
32.24% Mutual Funds
0.46% Other Institutional Investors
36.14% Public Companies and Individual Investors