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Market Cap 5.90B P/E 35.22 EPS this Y 9.80% Ern Qtrly Grth 33.90%
Income 179.16M Forward P/E 35.42 EPS next Y 2.20% 50D Avg Chg -4.00%
Sales 583.01M PEG 20.92 EPS past 5Y -1.47% 200D Avg Chg -8.00%
Dividend 4.00% Price/Book 1.26 EPS next 5Y 2.01% 52W High Chg -22.00%
Recommedations 1.80 Quick Ratio 1.22 Shares Outstanding 100.63M 52W Low Chg 1.00%
Insider Own 1.82% ROA 2.33% Shares Float 98.47M Beta 0.62
Inst Own 106.26% ROE 3.70% Shares Shorted/Prior 11.36M/9.97M Price 63.05
Gross Margin 87.98% Profit Margin 32.09% Avg. Volume 1,001,638 Target Price 74.86
Oper. Margin 49.02% Earnings Date Oct 22 Volume 1,605,660 Change -2.47%
About Agree Realty Corporation

Agree Realty Corporation (the “Company”), a Maryland corporation, is a fully integrated real estate investment trust (“REIT”) primarily focused on the ownership, acquisition, development and management of retail properties net leased to industry leading tenants. The Company was founded in 1971 by its current Executive Chairman, Richard Agree, and its common stock was listed on the New York Stock Exchange in 1994. As of March 31, 2024, the Company owned 2,161 properties, with a total gross leasable area (“GLA”) of approximately 44.9 million square feet.

Agree Realty Corporation News
11/12/24 Agree Realty Declares Monthly Common and Preferred Dividends
11/09/24 Looking for Passive Income? These 3 High-Yield Dividend Stocks Cut You a Check Monthly.
11/03/24 How Much Would It Take To Earn $100 A Month From Agree Realty Stock
10/29/24 Long-Term Rewards: 3 REITs That Just Increased Dividends and Extended Their Streaks (ADC, GTY, CHCT)
10/28/24 Agree Realty Announces Exercise of Underwriters' Option and Closing of Forward Offering of Common Stock
10/24/24 Agree Realty Announces Pricing of Upsized Forward Common Stock Offering
10/24/24 Agree Realty Announces Common Stock Offering
10/24/24 This 4%-Yielding Dividend Stock Is Stepping on the Accelerator
10/24/24 Agree Realty Corp (ADC) Q3 2024 Earnings Call Highlights: Strong Liquidity and Upgraded Credit ...
10/24/24 Q3 2024 Agree Realty Corp Earnings Call
10/23/24 Agree Realty (ADC) Q3 2024 Earnings Call Transcript
10/22/24 Agree Realty (ADC) Reports Q3 Earnings: What Key Metrics Have to Say
10/22/24 Agree Realty (ADC) Meets Q3 FFO Estimates
10/22/24 Agree Realty: Q3 Earnings Snapshot
10/22/24 Agree Realty Corporation Reports Third Quarter 2024 Results
08:16 AM Unlocking Q3 Potential of Agree Realty (ADC): Exploring Wall Street Estimates for Key Metrics
10/17/24 Should You Buy Agree Realty (ADC) Ahead of Earnings?
10/16/24 You Probably Pass By This Passive Income Opportunity Every Day. Here's How to Cash In.
10/12/24 October's Top Dividend Stocks for Retirees Seeking Reliable Monthly Income
10/10/24 Agree Realty Declares Increased Monthly Common Dividend
ADC Chatroom

User Image MM1988 Posted - 1 day ago

$ADC 100$ 5 years from now

User Image MM1988 Posted - 2 days ago

$ADC $O You live and you learn. Both were trading in the 50’s at one point, but O was cheaper on a multiple level. So I bought both stocks, but my position in O was 4 times bigger than ADC. Should have done it the other way around, but my “value heart” got the best of me and I fell for the cheaper valuation. Will hold both forever though.

User Image Rmimidear Posted - 4 days ago

$ADC Agree Realty’s focus on high-quality retail real estate properties makes it a solid play for dividend-seeking investors!

User Image StockConsultant Posted - 1 week ago

$ADC Agree Realty stock, watch for a range beakout above 77.39 at https://stockconsultant.com/?ADC

User Image ChristaBoarts Posted - 1 week ago

$ADC Each patent drives IBO’s mission to transform biopharma and drive long-term returns.

User Image QaddexFinancial Posted - 1 week ago

Agree Realty Corporation, $ADC expected to pay a dividend of $0.253 per share on November 14, 2024. Shareholders who held the stock before the ex-dividend date of October 31, 2024, are eligible for this dividend, which represents a yield of 3.99%. Status: Declared. Frequency: Monthly. #Dividends #AgreeRealty #IncomeInvesting #MonthlyDividends #REITs

User Image coreholder Posted - 1 week ago

$ADC It’s back up to ATH because Joey Agree is the David Simon of Triple Net Lease 👌💪🏻

User Image coreholder Posted - 2 weeks ago

@cominguproses @rutherf8 @Bastard_Factory I have owned $SCM for years in my ROTH—it’s a fantastic investment. That all time chart too!! Recently added $SVOL during the backwardation and so glad I did for my income components. They just lowered their mgmt fee to .72 (from 1.12). Take a look! Lastly, would recommend $ADC REIT on this pullback—better than $O, with a strong growth trajectory (not bloated like $O). Cheers 🍻

User Image BowToTheDow Posted - 2 weeks ago

$O $ADC 3 REITS in my port sold off (Stop Loss) over the last 2 weeks... $$$ Didn't readjust, made $$$.... But not getting the draw down.. Will revisit when things calm down. Short Term Bearish

User Image MM1988 Posted - 2 weeks ago

$SPG $O $VICI $ADC Why are these up on Trump victory? Any suggestions? Yields are rising, they shouldn’t rally with the market in this case.

User Image MM1988 Posted - 10/31/24

$SPG $O $ADC $VICI Damn, reits slowly getting hammered by the rise in 10 year treasury yield..... Volatility picking up... Patience is key

User Image DonCorleone77 Posted - 10/25/24

$ADC Agree Realty 4.4M share Spot Secondary priced at $74.00 The deal size was increased to 4.4M shares from 4.0M and priced below last closing price of $75.00 and inside the target range of $73.30-$74.50. Citi and Wells Fargo are acting as joint book running managers for the offering.

User Image coreholder Posted - 10/23/24

$ADC spot on!

User Image Oceanavekid Posted - 10/23/24

$ADC $O $MAIN Any newer reits your loading or just adding more to your bag? I haven’t seen many new reits that have caught my eye

User Image coreholder Posted - 10/23/24

$ADC Joey agree focused on the highest quality investment grade projects in Q4 and said “We are just in the middle innings” of the growth cycle. Asked about the theatre space—we only have two left and “if anyone wants to buy one give us a call” saying the space is uninvestable for the foreseeable future. All good 😊 Very happy with Joey’s leadership and performance.

User Image WeeklyTrader Posted - 10/23/24

Time to get hyped about $ADC! RSI: 53.44% 50-day MA: $74.28 200-day MA: $63.84

User Image MM1988 Posted - 10/22/24

$ADC Business as usual, slow and steady

User Image DonCorleone77 Posted - 10/22/24

$ADC Agree Realty reports Q3 adjusted FFO $1.03, consensus $1.03 Reports Q revenue $, consensus $150.81M. "We are very pleased with our year-to-date performance as we have accelerated investment activity while strengthening our balance sheet through proactive capital markets transactions," said Joey Agree, President and CEO. "During the quarter, we raised nearly $470M of forward equity, contributing to record liquidity of over $1.9B. Given the continued strong performance of our portfolio and accelerating investment activity across all three external growth platforms, we are increasing FY24 acquisition guidance to approximately $850M and raising the lower end of our 2024 AFFO per share guidance to a range of $4.12-$4.14."

User Image coreholder Posted - 1 month ago

$ADC Bullish on Mr. Joey Agree’s leadership

User Image coreholder Posted - 1 month ago

$ADC I believe a beat and raise is coming Tuesday @ earnings

User Image ChessGM Posted - 1 month ago

$ADC "Upcoming earnings: 10/22/2024, Bullish (8.0) Agree Realty (ADC) is currently positioned favorably, with several key indicators suggesting a positive outlook for the stock. The company has recently announced an increase in its monthly dividend, reflecting a healthy 2.4% rise compared to the previous year, which is a strong signal of financial stability and commitment to returning value to shareholders. Additionally, there is a favorable earnings estimate revision activity alongside a positive Earnings Surprise Prediction (ESP), indicating that analysts expect better-than-anticipated results in the upcoming earnings report. The company is set to release its third-quarter operating results on October 22, 2024, with a conference call scheduled for the following day, which may further bolster investor confidence. The overall sentiment surrounding real estate investment trusts (REITs) remains positive, with the sector being highlighted as a reliable source of passive income, particularly appealing to income-focused investors. Regarding upcoming earnings, Agree Realty is set to announce its third-quarter operating results after the market closes on October 22, 2024. This will be followed by a conference call on October 23, 2024, at 9:00 AM ET, where the management will discuss the results. Current sentiment suggests favorable expectations for these results, as indicated by the positive revisions in earnings estimates and the company's commitment to increasing dividends, which typically reflects confidence in sustained performance. Investors will be keen to hear how the company navigates the current economic landscape and its strategies for growth moving forward. Follow us! Do not miss other earnings alerts from ChessGM."

User Image Stocksrunner Posted - 1 month ago

Market Buzz! 5 stocks making moves today: $ACM $ADC $AS all crossing above analyst targets. Infrastructure, real estate, and sports equipment heating up! Meanwhile, $AVY gets a double upgrade. Labels never looked so good! And $BABA Lazada goes all-in on AI. E-commerce getting smarter in SE Asia! 🤖 What's your play? https://stocksrunner.com/posts/1268

User Image swingingtech Posted - 1 month ago

$ADC https://wallstreetwaves.com/adc-surpasses-analyst-expectations-with-strong-performance/

User Image lextrading Posted - 1 month ago

$ADC Bull flag breakout. Triple tops at $80.5X

User Image MM1988 Posted - 1 month ago

$SPG $O $VICI $ADC

User Image WeeklyTrader Posted - 1 month ago

How do you feel about $ADC these days? RSI: 51.69% 50-day MA: $73.82 200-day MA: $63.46

User Image coreholder Posted - 1 month ago

$ADC Beautiful little raise

User Image DividendPower Posted - 1 month ago

Recent Dividend Increases - Updated 10/11/24 https://www.dividendpower.org/dividend-increases/ $THO $ADC $AROW $AOS $REPX

User Image StockConsultant Posted - 09/24/24

$ADC Agree Realty stock nice trend, attempting to move higher off the 74.71 support area at https://stockconsultant.com/?ADC

User Image xvakero Posted - 2 months ago

Took some profits in $XLU and $ADC. Still holding a bit of each.

Analyst Ratings
Wells Fargo Overweight Aug 26, 24
Raymond James Strong Buy Aug 21, 24
Wells Fargo Overweight Aug 12, 24
BTIG Buy Aug 12, 24
Truist Securities Buy Aug 5, 24
RBC Capital Outperform Jul 25, 24
Stifel Buy Jul 24, 24
UBS Neutral Jul 18, 24
Keybanc Overweight Jun 12, 24
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
AGREE RICHARD EXECUTIVE CHAIRMAN O.. EXECUTIVE CHAIRMAN OF BOARD Jan 10 Buy 62.57 10,500 656,985 119,855 01/11/24
Lehmkuhl Greg Director Director Dec 15 Buy 61.17 1,700 103,989 17,717 12/18/23
Agree Joey PRESIDENT & CEO PRESIDENT & CEO Dec 11 Buy 58.49 1,300 76,037 555,903 12/13/23
Agree Joey PRESIDENT & CEO PRESIDENT & CEO Oct 02 Buy 53.84 4,000 215,360 553,253 10/03/23
Erlich Craig CHIEF GROWTH OFFICER CHIEF GROWTH OFFICER Sep 28 Buy 55.2481 1,800 99,447 38,060 09/29/23
RAKOLTA JOHN JR Director Director Sep 26 Buy 55.73 20,000 1,114,600 380,056 09/27/23
Agree Joey PRESIDENT & CEO PRESIDENT & CEO Sep 26 Buy 56.10 10,000 561,000 549,253 09/27/23
RAKOLTA JOHN JR Director Director Sep 21 Buy 57.48 30,000 1,724,400 360,056 09/25/23
Coughenour Peter CHIEF FINANCIAL OFFI.. CHIEF FINANCIAL OFFICER Aug 15 Buy 61.79 500 30,895 6,543 08/16/23
Erlich Craig CHIEF OPERATING OFFI.. CHIEF OPERATING OFFICER Aug 14 Buy 62.36 1,755 109,442 855 08/16/23
AGREE RICHARD EXECUTIVE CHAIRMAN O.. EXECUTIVE CHAIRMAN OF BOARD Aug 03 Buy 63.7 18,249 1,162,461 109,355 08/04/23
AGREE RICHARD EXECUTIVE CHAIRMAN O.. EXECUTIVE CHAIRMAN OF BOARD Aug 02 Buy 62.95 11,751 739,725 76,388 08/03/23
Agree Joey PRESIDENT & CEO PRESIDENT & CEO Aug 02 Buy 62.79 10,000 627,900 539,253 08/03/23
RAKOLTA JOHN JR Director Director Aug 02 Buy 63.02 30,000 1,890,600 330,056 08/03/23
Coughenour Peter CHIEF FINANCIAL OFFI.. CHIEF FINANCIAL OFFICER May 26 Buy 64.25 500 32,125 6,043 05/30/23
Erlich Craig CHIEF OPERATING OFFI.. CHIEF OPERATING OFFICER May 26 Buy 64.09 3,000 192,270 35,151 05/30/23
Breslin Stephen CHIEF ACCOUNTING OFF.. CHIEF ACCOUNTING OFFICER May 25 Buy 64.32 375 24,120 6,079 05/26/23
Erlich Craig CHIEF OPERATING OFFI.. CHIEF OPERATING OFFICER May 17 Buy 65.50 1,500 98,250 32,151 05/18/23
Agree Joey PRESIDENT & CEO PRESIDENT & CEO May 17 Buy 65.35 5,000 326,750 524,253 05/18/23
Agree Joey PRESIDENT & CEO PRESIDENT & CEO May 12 Buy 66.36 5,000 331,800 519,253 05/15/23
RAKOLTA JOHN JR Director Director May 11 Buy 66.45 7,500 498,375 300,056 05/15/23
RAKOLTA JOHN JR Director Director May 08 Buy 67.85 10,495 712,086 281,768 05/10/23
Agree Joey PRESIDENT & CEO PRESIDENT & CEO Mar 23 Buy 64.23 1,560 100,199 482,848 03/24/22
Agree Joey PRESIDENT & CEO PRESIDENT & CEO Mar 22 Buy 64.03 1,749 111,988 481,288 03/23/22
Agree Joey President & CEO President & CEO Oct 26 Buy 65.69 15,293 1,004,597 388,520 10/26/20