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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
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
10/01/24 Agree Realty Announces Third Quarter 2024 Earnings Release Date and Conference Call Information
09/23/24 If You Invested $1,000 In Agree Realty 20 Years Ago, How Much Would You Have Now?
09/13/24 3 No-Brainer High-Yield Stocks to Buy With $200 Right Now
09/10/24 Agree Realty Declares Monthly Common and Preferred Dividends
09/08/24 Places You Routinely Visit Could Provide You With a Pathway Toward a Lifetime of Passive Income
09/05/24 Buy These 3 Stocks Yielding Up To 7.2% For Passive Monthly Income
09/01/24 Agree Realty Corporation (ADC): A Good Stock That Pay Dividends Monthly
08/27/24 Looking For Yields: Chevron, Agree Realty, And Edison International Are Consistent Moneymakers
08/09/24 These Retail REITs Offer Yields Of 3-5% And Dividend Growth
08/08/24 Agree Realty Announces Expanded $1.25 Billion Credit Facility
08/06/24 3 REITs Yielding Up to 6.4% to Buy for Monthly Income
08/05/24 Why Agree Realty Stock Jumped Over 11% in July
08/01/24 This High-Yield Dividend Stock Continues to Show Why It's a Phenomenal Passive Income Investment
07/29/24 Agree Realty Receives Upgrade to BBB+ From S&P Global Ratings
07/29/24 Six REITs That Crushed Analyst Estimates This Week
ADC Chatroom

User Image coreholder Posted - 13 hours ago

$ADC Bullish on Mr. Joey Agree’s leadership

User Image coreholder Posted - 1 day ago

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

User Image ChessGM Posted - 1 day 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 - 4 days 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 - 4 days ago

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

User Image lextrading Posted - 5 days ago

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

User Image MM1988 Posted - 6 days ago

$SPG $O $VICI $ADC

User Image WeeklyTrader Posted - 6 days 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 week ago

$ADC Beautiful little raise

User Image DividendPower Posted - 1 week 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 - 1 month ago

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

User Image drsiavashDCMS Posted - 1 month ago

$ADC I think PT of this stock should be $300. Do you know who are the tenants of $ADC ?? Big corps that are making $$$. I think this stock is way undervalued.

User Image IN0V8 Posted - 1 month ago

$ADC BMO raises target price to $84 from $74

User Image coreholder Posted - 1 month ago

$ADC up $20.01/share….not bad!

User Image lextrading Posted - 1 month ago

$ADC My oh my. Breakout. I will trim further at $80.

User Image drsiavashDCMS Posted - 1 month ago

$ADC is $100 possible? tell me why I should buy this stock?

User Image drsiavashDCMS Posted - 1 month ago

@xvakero where do you think $ADC can go. it is highest. how come you buying it now? Been going up for weeks and 52 week high.

User Image xvakero Posted - 1 month ago

repositioned my account a bit today by taking some good profits in $CVLT +40%, selling a bit of $XBI at breakeven, and buying $IEF, $TLT, and $ADC

User Image lextrading Posted - 1 month ago

$ADC What a monster run. It is approaching my $75 PT. I'm trimming. See you all at the next run.

User Image PenkeTrading Posted - 08/28/24

I found you an Overbought RSI (Relative Strength Index) on the daily chart of Agree Realty Corporation. Is that bullish or bearish? $ADC #ADC #nyse #tradingsignals #technicalanalysis

User Image drsiavashDCMS Posted - 08/28/24

$ADC $80-85 incoming

User Image razorsedge4343 Posted - 08/28/24

$ADC CEO on CNBC 💪

User Image insidemoney Posted - 08/27/24

$ADC Agree Realty Corporation 14-Day RSI: 70.1 % from 52-Week Low: +37.9% % from 52-Week High: -0.8% Open Interest: 2,457 % Change: +3% Put/Call Ratio: 0.42 % Change: -4.1%

User Image KCclean Posted - 08/23/24

@ThisIsHowieDewitt @Silopino367 $o, $main, and $ADC come to mind

User Image MM1988 Posted - 2 months ago

$O What do you guys think of O buying ADC in the future? Could it be done? $ADC

User Image IN0V8 Posted - 2 months ago

$ADC BTIG raises target price to $74 from $65 UBS raises target price to $72 from $67

User Image lextrading Posted - 2 months ago

$ADC $74.80 is the next resistance. At $80.60, you have a triple top and all-time highs. I shared this set up back in February on my Substack when the stock retesting the long-term support. I believed the Fed was inching close to rate cuts and bought big. I have not sold a single share.

User Image coreholder Posted - 2 months ago

$RITM $SPG $ADC bullish

User Image coreholder Posted - 2 months ago

@woolybully I sold all my $O and bought $ADC. Average is $56.66 and a faster grower in every respect

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