Agree Realty Corporation (ADC)
Market Cap | 8.01B |
Revenue (ttm) | 659.75M |
Net Income (ttm) | 177.93M |
Shares Out | 110.82M |
EPS (ttm) | 1.68 |
PE Ratio | 42.96 |
Forward PE | 38.29 |
Dividend | $3.07 (4.25%) |
Ex-Dividend Date | Jul 31, 2025 |
Volume | 1,060,747 |
Open | 72.88 |
Previous Close | 72.66 |
Day's Range | 71.91 - 72.88 |
52-Week Range | 67.58 - 79.65 |
Beta | 0.55 |
Analysts | Buy |
Price Target | 80.58 (+11.5%) |
Earnings Date | Jul 31, 2025 |
About ADC
Agree Realty Corporation is a publicly traded real estate investment trust that is RETHINKING RETAIL through the acquisition and development of properties net leased to industry-leading, omni-channel retail tenants. As of March 31, 2025, the Company owned and operated a portfolio of 2,422 properties, located in all 50 states and containing approximately 50.3 million square feet of gross leasable area. The Company's common stock is listed on the New York Stock Exchange under the symbol "ADC". [Read more]
Financial Performance
In 2024, Agree Realty's revenue was $617.10 million, an increase of 14.81% compared to the previous year's $537.50 million. Earnings were $181.28 million, an increase of 11.82%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for ADC stock is "Buy." The 12-month stock price target is $80.58, which is an increase of 11.50% from the latest price.
News

Agree Realty Declares Monthly Common and Preferred Dividends
ROYAL OAK, Mich.--(BUSINESS WIRE)--Agree Realty Corporation (NYSE: ADC) (the “Company”) today announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividen...

Agree Realty Achieves A- Credit Rating From Fitch Ratings
ROYAL OAK, Mich.--(BUSINESS WIRE)--Agree Realty Corporation (NYSE: ADC) (the “Company”) today announced that Fitch Ratings (“Fitch”) has assigned the Company an A- issuer rating with a stable outlook....

Agree Realty: Well-Covered Monthly Dividend And Upside Still Keeps Me Bullish
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Agree Realty Corporation (ADC) Q2 2025 Earnings Conference Call Transcript
Agree Realty Corporation (NYSE:ADC) Q2 2025 Earnings Call August 1, 2025 9:00 AM ET Company Participants Joel N. Agree - President, CEO & Director Peter Coughenour - CFO, Secretary & Investor Relatio...

Agree Realty Corporation Reports Second Quarter 2025 Results
ROYAL OAK, Mich.--(BUSINESS WIRE)--Agree Realty Corporation (NYSE: ADC) (the “Company”) today announced results for the quarter ended June 30, 2025. All per share amounts included herein are on a dilu...

Agree Realty: Fortress Balance Sheet And Unique Growth Model
Agree Realty stands out as a premier net-lease REIT, boasting a high-quality, diversified portfolio anchored by investment-grade, necessity-based retail tenants. ADC's disciplined, multifaceted growth...

Double-Checking The Credit Rating (Part 5): Agree Realty Corporation
ADC boasts strong asset quality, low debt risk, and a diversified portfolio of nearly 2,400 properties across all 50 states. Moody's Baa1 credit rating is justified by high asset coverage, low secured...

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Agree Realty: Buy The Dip
Agree Realty is a high-quality, well-managed REIT with a resilient, investment-grade tenant base and a disciplined acquisition strategy. The recent price dip presents an attractive entry point, offeri...

Agree Realty: The Secret Behind The Highest Quality Net Lease REIT
Agree Realty stands out for its disciplined capital allocation, conservative underwriting, and sector-leading balance sheet strength among net lease REITs. ADC prioritizes e-commerce-resistant tenants...

Agree Realty: A Quality REIT Worth Buying Now
As part of my investment strategy, I believe in combining quality and value. Agree Realty's accelerating investment guidance and record liquidity bode well for future growth. The REIT enjoys a low cos...

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Agree Realty Announces Second Quarter 2025 Earnings Release Date and Conference Call Information
ROYAL OAK, Mich.--(BUSINESS WIRE)--Agree Realty Corporation (NYSE: ADC) (the “Company”) today announced that it will release its second quarter 2025 operating results after the market closes on Thursd...

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