ADC

Agree Realty Corp

64.49

Oct 21 • 3:59 PM ET -2.59 (-3.86%)

65.42

Aftermarket • 7:36 PM ET +0.93 (1.44%)

Real Estate REIT - Retail USA Mid NYSE

Today, 11:38 AMAgree Realty posts Q3 FFO $1.15 per share vs $1.14 estimate, raises 2026 AFFO guidance and cuts investment volume to protect spreads

Peers: NNN O EPRT NTST FCPT GTY PINE WPC BNL FVR

| Held by: VNQ IJH VTI VB VBR VXF SCHH MDY DFAR SPMD

Scroll to Statements

Index	-
Market Cap	8.02B
Enterprise Value	11.92B
Income	233.25M
Sales	810.28M
Book/sh	52.02
Cash/sh	0.74
Dividend Est.	3.20 (4.96%)
Dividend TTM	3.17 (4.92%)
Dividend Ex-Date	Oct 30, 2026
Dividend Gr. 3/5Y	3.11% 5.12%
Payout	174.38%
Employees	90
IPO	Apr 15, 1994

P/E	33.25
Forward P/E	32.47
PEG	7.53
P/S	9.90
P/B	1.24
P/C	87.68
P/FCF	14.16
EV/EBITDA	17.92
EV/Sales	14.71
Quick Ratio	3.97
Current Ratio	3.97
Debt/Eq	0.55
LT Debt/Eq	0.55
Option/Short	Yes / Yes

EPS (ttm)	1.94
EPS next Y	1.99
EPS next Q	0.48
EPS this Y	6.93%
EPS next Y	4.93%
EPS next 5Y	4.31%
EPS past 3/5Y	-1.11% 0.32%
Sales past 3/5Y	18.68% 23.65%
EPS Y/Y TTM	13.11%
Sales Y/Y TTM	17.61%
EPS Q/Q	18.48%
Sales Q/Q	16.73%
Earnings	Oct 20 AMC
EPS/Sales Surpr.	12.07% 1.12%

Insider Own	2.16%
Insider Trans	3.77%
Inst Own	115.34%
Inst Trans	0.81%
ROA	2.36%
ROE	3.76%
ROIC	2.24%
Gross Margin	54.13%
Oper. Margin	48.34%
Profit Margin	28.79%
SMA20	-2.57%
SMA50	-7.52%
SMA200	-13.63%
Trades

Shs Outstand	130.10M
Shs Float	121.69M
Short Float	6.37%
Short Ratio	4.95
Short Interest	7.75M
52W High	82.08 -21.43%
52W Low	64.43 0.09%
Volatility	2.14% 1.67%
ATR (14)	1.27
RSI (14)	35.86
Beta	0.40
Rel Volume	1.50
Avg Volume	1.56M
Volume	2,348,037

Perf Week	-1.66%
Perf Month	-4.20%
Perf Quarter	-19.20%
Perf Half Y	-15.89%
Perf YTD	-10.47%
Perf Year	-14.01%
Perf 3Y	17.66%
Perf 5Y	-8.37%
Perf 10Y	34.47%
Recom	1.81
Target Price	79.16
Prev Close	67.08
Price	64.49
Change %	-3.86%

Date	Action	Analyst	Rating Change	Price Target Change
Oct-02-26	Resumed	Truist	Buy	$75
Jul-15-26	Initiated	Huntington	Outperform	$84
Jun-01-26	Resumed	Jefferies	Buy	$84
Apr-17-26	Downgrade	BMO Capital Markets	Outperform → Market Perform	$86
Jul-11-25	Downgrade	Morgan Stanley	Overweight → Equal-Weight	$75
May-07-25	Downgrade	BTIG Research	Buy → Neutral
Mar-04-25	Upgrade	Barclays	Underweight → Equal Weight	$74 → $75
Dec-17-24	Initiated	Barclays	Underweight	$76
Dec-17-24	Downgrade	JMP Securities	Mkt Outperform → Mkt Perform
Dec-12-24	Initiated	Evercore ISI	Outperform	$82
Dec-11-24	Initiated	Deutsche Bank	Buy	$88
May-31-24	Initiated	UBS	Neutral	$60
Feb-13-24	Initiated	BMO Capital Markets	Outperform	$69
Jan-22-24	Upgrade	JMP Securities	Mkt Perform → Mkt Outperform	$71
Dec-13-23	Downgrade	Exane BNP Paribas	Outperform → Neutral	$64
Dec-11-23	Downgrade	Mizuho	Buy → Neutral	$67 → $61
Sep-21-23	Initiated	Wells Fargo	Overweight	$70
Jun-22-23	Upgrade	Mizuho	Neutral → Buy	$70
Jun-14-23	Initiated	Exane BNP Paribas	Outperform	$80
Mar-21-23	Downgrade	JMP Securities	Mkt Outperform → Mkt Perform

Show Previous Ratings

Today 11:20AM	Agree Realty Beats And Edges Up AFFO Guidance, But Slowing Per-Share Growth And A Smaller Investment Pipeline Signal A Defensive Turn (Earnings Whispers)
08:30AM	Agree Realty Corporation Q3 2026 Earnings Call Summary (Moby)
Oct-20-26 04:11PM	Agree Realty: Q3 Earnings Snapshot (Associated Press)
04:05PM	Agree Realty Corporation Reports Third Quarter 2026 Results (Business Wire)
Oct-13-26 04:05PM	Agree Realty Declares Increased Monthly Common Dividend (Business Wire)
04:05PM	Loading…
Sep-30-26 04:05PM	Agree Realty Announces Third Quarter 2026 Earnings Release Date and Conference Call Information (Business Wire)
Sep-17-26 04:05PM	Agree Realty Announces Pricing of $400 Million of 5.650% Senior Unsecured Notes Due 2036 (Business Wire)
Sep-10-26 04:15PM	Agree Realty Publishes Sixth Annual Sustainability Report (Business Wire)
04:05PM	Agree Realty Declares Monthly Common and Preferred Dividends (Business Wire)
Aug-31-26 07:13AM	Agree Realty Corp's Dividend Analysis (GuruFocus.com)
Aug-11-26 04:05PM	Agree Realty Declares Monthly Common and Preferred Dividends (Business Wire)
Jul-31-26 05:04PM	Agree Realty Corp (ADC) (Q2 2026) Earnings Call Highlights: Record Investment Volume and Raised ... (GuruFocus.com)
07:08AM	Agree Realty Corp's Dividend Analysis (GuruFocus.com)
Jul-30-26 05:03PM	Agree Realty: Q2 Earnings Snapshot (Associated Press)
04:05PM	Agree Realty Corporation Reports Second Quarter 2026 Results (Business Wire)
04:05PM	Loading…
Jul-14-26 04:05PM	Agree Realty Declares Monthly Common and Preferred Dividends (Business Wire)
Jun-30-26 04:05PM	Agree Realty Announces Second Quarter 2026 Earnings Release Date and Conference Call Information (Business Wire)
Jun-08-26 04:05PM	Agree Realty Declares Monthly Common and Preferred Dividends (Business Wire)
May-12-26 04:05PM	Agree Realty Declares Monthly Common and Preferred Dividends (Business Wire)
Apr-23-26 03:04AM	Agree Realty Corp (ADC) Q1 2026 Earnings Call Highlights: Record Acquisitions and Strong ... (GuruFocus.com)
Apr-22-26 08:30AM	Agree Realty Corporation Q1 2026 Earnings Call Summary (Moby)
Apr-21-26 04:25PM	Agree Realty: Q1 Earnings Snapshot (Associated Press)
04:05PM	Agree Realty Corporation Reports First Quarter 2026 Results (Business Wire)
Apr-09-26 04:05PM	Agree Realty Declares Increased Monthly Common Dividend (Business Wire)
Apr-01-26 04:05PM	Agree Realty Announces First Quarter 2026 Earnings Release Date and Conference Call Information (Business Wire)
Mar-10-26 04:05PM	Agree Realty Declares Monthly Common and Preferred Dividends (Business Wire)
Mar-03-26 08:18AM	Time for Boomers to Play It Safe: Our 5 Safest Monthly Pay Dividend Stocks (24/7 Wall St.)
Feb-27-26 01:24PM	Realty Income Stock: A Buy, Hold or Sell Opportunity Post Q4 Earnings? (Zacks)
Feb-23-26 11:41AM	Realty Income Stock: Buy, Hold or Sell Before Q4 Earnings? (Zacks)
Feb-12-26 07:46AM	Retirees Rely On These 5 Safe High-Yield Monthly Pay Dividend Stocks (24/7 Wall St.)
04:01PM	Loading…
Feb-11-26 04:01PM	Agree Realty Corp (ADC) Q4 2025 Earnings Call Highlights: Strong Growth and Strategic ... (GuruFocus.com)
01:50PM	Agree Realty Q4 Earnings Call Highlights (MarketBeat)
08:30AM	Agree Realty Corporation Q4 2025 Earnings Call Summary (Moby)
Feb-10-26 07:00PM	Agree Realty (ADC) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates (Zacks)
05:25PM	Agree Realty (ADC) Q4 FFO and Revenues Top Estimates (Zacks)
04:32PM	Agree Realty: Q4 Earnings Snapshot (Associated Press Finance)
04:05PM	Agree Realty Corporation Reports Fourth Quarter and Full Year 2025 Results (Business Wire)
Feb-05-26 05:55PM	Phillips Edison & Company, Inc. (PECO) Matches Q4 FFO Estimates (Zacks)
04:05PM	Agree Realty Declares Monthly Common and Preferred Dividends (Business Wire)
Feb-03-26 04:20PM	RBC Capital Says Agree Realty Corporation (ADC)'s Q4 Deal Activity Remains Within Guidance (Insider Monkey)
Jan-30-26 10:44AM	Realty Income Gains 7.8% in a Month: What Should Investors Do? (Zacks)
Jan-15-26 12:21PM	Monthly Payouts & Expanding Reach: Can Realty Income Deliver? (Zacks)
Jan-13-26 04:05PM	Agree Realty Declares Monthly Common and Preferred Dividends (Business Wire)
Jan-12-26 08:55AM	How to Boost Your Portfolio with Top Finance Stocks Set to Beat Earnings (Zacks)
Jan-08-26 06:04AM	Insiders Put $1 Million on the Line in These 2 Stocks Why It Could Pay to Follow Their Move (TipRanks)
Jan-06-26 04:35PM	3 Stocks That Cut You a Check Each Month (Motley Fool)
04:12PM	Agree Realty Announces Fourth Quarter 2025 Earnings Release Date and Conference Call Information (Business Wire)
10:24AM	How Agree Realty's $1.55B 2025 Investments Shape Its 2026 Outlook (Zacks)
08:55AM	These 2 Finance Stocks Could Beat Earnings: Why They Should Be on Your Radar (Zacks)
Jan-05-26 04:05PM	Agree Realty Announces 2025 Investment Activity & 2026 Investment Outlook (Business Wire)
Dec-29-25 10:51AM	Is Realty Income's 5.7% Yield Attractive Enough to Buy the Stock Now? (Zacks)
Dec-28-25 08:35PM	The Smartest Dividend Stocks to Buy With $1,000 Right Now (Motley Fool)
Dec-27-25 12:10AM	Mizuho Modestly Adjusts Valuation on Agree Realty (ADC) (Insider Monkey)
Dec-24-25 08:12AM	Boomers Are Buying These 5 High-Quality Monthly Dividend Stocks Hand Over Fist (24/7 Wall St.)
Dec-18-25 04:05PM	Agree Realty Publishes Fifth Annual Sustainability Report (Business Wire)
Dec-12-25 07:46PM	2 Stocks That Cut You a Check Each Month (Motley Fool)
Dec-11-25 04:05PM	Agree Realty Declares Monthly Common and Preferred Dividends (Business Wire)
10:41AM	Crypto Market 2026 Predictions: Which Coins Will 10x and Which Will Crash? (24/7 Wall St.)
10:41AM	Boomers Looking for Passive Income Can Buy 5 Safe High-Yield Monthly Income Stocks (24/7 Wall St.)
Dec-10-25 09:22AM	Realty Income Hikes Dividend Again: Can It Sustain Its Market Edge? (Zacks)
Dec-04-25 10:00PM	Here's How You Can Earn $100 In Passive Income By Investing In Agree Realty Stock (Benzinga)
05:03PM	Wall Street Sees a 22% Upside to Agree Realty Corporation (ADC) (Insider Monkey)
Nov-30-25 08:00AM	How Philip Morris, Rexford Industrial Realty, And Agree Realty Can Put Cash In Your Pocket (Benzinga)
Nov-26-25 10:24AM	Buy, Hold or Sell Realty Income Amid Rising Fed Rate Cut Expectations? (Zacks)
Nov-21-25 03:35PM	5 Passive Income Monthly Pay Dividend All-Stars Every Boomer Should Own (24/7 Wall St.)
08:53AM	Monthly Payouts and Expanding Portfolio: Can Realty Income Deliver? (Zacks)
Nov-18-25 04:05PM	Agree Realty Closes $350 Million 5.5-Year Delayed Draw Term Loan (Business Wire)
Nov-11-25 04:05PM	Agree Realty Declares Monthly Common and Preferred Dividends (Business Wire)
Nov-05-25 09:32AM	Zacks Industry Outlook Highlights Agree Realty, Federal Realty Investment Trust and Urban Edge Properties (Zacks)
Nov-04-25 10:00AM	Bet on These 3 Retail REITs as the Sector Shows Renewed Strength (Zacks)
Oct-31-25 01:59PM	Is Realty Income Stock a Buy, Hold, or Sell Before Q3 Earnings? (Zacks)
04:05AM	Retirees: These 2 Reliable Dividend Stocks Could Pay You Every Month (Motley Fool)
Oct-28-25 08:01AM	Looking For Yields: Black Hills, Genuine Parts, And Agree Realty Are Consistent Moneymakers (Benzinga)
Oct-26-25 04:25AM	Best Stock to Buy Right Now: Costco vs. Agree (Motley Fool)
Oct-24-25 11:49AM	Realty Income Stock: Buy, Hold or Sell This High-Yield Dividend Play? (Zacks)
Oct-22-25 03:03PM	Agree Realty Corp (ADC) Q3 2025 Earnings Call Highlights: Record Investment Volume and Strong ... (GuruFocus.com)
11:31AM	Can Realty Income Sustain Growth While Paying Monthly Dividends? (Zacks)
Oct-21-25 06:30PM	Agree Realty (ADC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates (Zacks)
06:20PM	Agree Realty (ADC) Surpasses Q3 FFO and Revenue Estimates (Zacks)
05:19PM	Agree Realty: Q3 Earnings Snapshot (Associated Press Finance)
04:05PM	Agree Realty Corporation Reports Third Quarter 2025 Results (Business Wire)
Oct-20-25 09:15AM	What Analyst Projections for Key Metrics Reveal About Agree Realty (ADC) Q3 Earnings (Zacks)
Oct-17-25 09:45AM	Insiders Bet Big on These 3 Fintech and Biotech Stocks (24/7 Wall St.)
Oct-15-25 07:35AM	Meet the Little-Known Company Yielding 4.2% That Continues to Deliver Monthly for Income Seekers and Is Making Patient Investors Notably Richer (Motley Fool)
Oct-14-25 04:05PM	Agree Realty Declares Increased Monthly Common Dividend (Business Wire)
Oct-11-25 08:01AM	If You Invested $10K In Agree Realty Stock 10 Years Ago, How Much Would You Have Now? (Benzinga)
Oct-08-25 11:22AM	Agree Realty Corporation (ADC): A Bull Case Theory (Insider Monkey)
Oct-02-25 01:10PM	The Appeal of Agree Realty Corporation (ADC) for Long-Term Investors in REIT Dividend Stocks (Insider Monkey)
Sep-30-25 04:05PM	Agree Realty Announces Third Quarter 2025 Earnings Release Date and Conference Call Information (Business Wire)
Sep-27-25 01:35PM	4 Monthly Dividend Stocks Yielding 4% or More to Buy Right Now for Passive Income (Motley Fool)
Sep-24-25 11:27PM	Safest Monthly Dividend Stocks: Agree Realty Corporation's (ADC) Strength in Industrial Real Estate (Insider Monkey)
09:05AM	Can O Stock Keep Climbing After Delivering 11.6% YTD Growth in 2025? (Zacks)
Sep-23-25 12:35PM	Can Realty Income Hold On to Its Dividend Strength & Global Growth? (Zacks)
Sep-19-25 08:48PM	Why Long-Term Investors Favor Agree Realty Corporation (ADC) in Dividend Stocks to Buy Under $100 (Insider Monkey)
Sep-12-25 10:51AM	5 Reasons to Add VICI Properties Stock to Your Portfolio Now (Zacks)
Sep-11-25 08:01AM	Why Agree Realty, Open Text, And Comcast Are Winners For Passive Income (Benzinga)
Sep-10-25 12:00PM	Agree Realty (ADC) Moves to Buy: Rationale Behind the Upgrade (Zacks)
10:43AM	Realty Income Boosts Dividend: Can It Preserve Investor Appeal? (Zacks)
Sep-09-25 04:05PM	Agree Realty Declares Monthly Common and Preferred Dividends (Business Wire)
05:10AM	10 Dividend Stocks to Hold for the Next 10 Years (Motley Fool)

Show Previous News

Insider Trading	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
Erlich Craig	CHIEF GROWTH OFFICER	Sep 21 '26	Buy	67.55	1,000	67,550	60,388	Sep 23 07:00 AM
RAKOLTA JOHN JR	Director	Sep 16 '26	Buy	68.78	20,000	1,375,600	654,602	Sep 17 07:00 AM
Agree Joey	PRESIDENT & CEO	Sep 16 '26	Buy	68.06	7,360	500,922	682,465	Sep 17 07:00 AM
RAKOLTA JOHN JR	Director	Aug 31 '26	Buy	72.42	10,000	724,200	632,197	Sep 02 04:05 PM
RAKOLTA JOHN JR	Director	Aug 27 '26	Buy	73.23	20,000	1,464,600	622,061	Aug 31 07:00 AM
RAKOLTA JOHN JR	Director	Aug 28 '26	Buy	73.52	136	9,999	622,197	Aug 31 07:00 AM
AGREE RICHARD	EXECUTIVE CHAIRMAN OF BOARD	Jun 04 '26	Buy	71.41	5,000	357,050	90,512	Jun 08 07:00 AM
RAKOLTA JOHN JR	Director	May 15 '26	Buy	74.57	20,000	1,491,400	595,798	May 19 04:05 PM
Lehmkuhl Greg	Director	May 14 '26	Buy	75.09	750	56,318	34,465	May 18 07:00 AM
Agree Joey	PRESIDENT & CEO	May 14 '26	Buy	75.41	13,295	1,002,576	675,105	May 18 07:00 AM
RAKOLTA JOHN JR	Director	Apr 01 '26	Buy	75.69	146	11,051	146	Apr 03 04:29 PM
Coughenour Peter	CHIEF FINANCIAL OFFICER	Jan 09 '26	Buy	69.80	500	34,900	18,544	Jan 13 06:59 AM
AGREE RICHARD	EXECUTIVE CHAIRMAN OF BOARD	Jan 09 '26	Buy	70.67	24,000	1,696,080	159,855	Jan 12 07:09 AM
RAKOLTA JOHN JR	Director	Dec 24 '25	Buy	72.18	15,000	1,082,700	562,606	Dec 29 04:30 PM

Agree Realty Corp. is a real estate investment trust, which engages in the ownership, acquisition, development, and management of retail properties net leased to industry tenants. It focuses on the long-term, fee simple ownership of properties net leased to national and large regional retailers. The company was founded by Richard Agree in 1971 and is headquartered in Royal Oak, MI.

Executive Chairman of the BoardMr. Richard A. Agree

PresidentMr. Joel N. Agree J.D.

CFOMr. Peter Coughenour

Chief Operating OfficerMs. Nicole Witteveen

General CounselMs. Danielle M. Spehar J.D.

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ADC

Agree Realty Corp

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