Agree Realty Corporation (ADC)

NYSE: ADC · Real-Time Price · USD
72.27
-0.39 (-0.54%)
At close: Aug 13, 2025, 4:00 PM
72.27
0.00 (0.00%)
After-hours: Aug 13, 2025, 6:30 PM EDT
-0.54%
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]

Industry REIT - Retail
Sector Real Estate
IPO Date Apr 15, 1994
Employees 75
Stock Exchange NYSE
Ticker Symbol ADC
Full Company Profile

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 Statements

Analyst 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.

Price Target
$80.58
(11.50% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

1 day ago - Business Wire

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....

1 day ago - Business Wire

Agree Realty: Well-Covered Monthly Dividend And Upside Still Keeps Me Bullish

Agree Realty is well-positioned for a potential recession, with strong fundamentals, resilient earnings, and a best-in-class, diversified portfolio. Management continues to raise AFFO and investment g...

1 day ago - Seeking Alpha

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9 days ago - Seeking Alpha

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...

12 days ago - Seeking Alpha

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...

13 days ago - Business Wire

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...

22 days ago - Seeking Alpha

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I have made many mistakes over the years. Some have cost me a lot of money. Learn from my mistakes and avoid major losses.

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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...

26 days ago - Seeking Alpha

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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...

4 weeks ago - Seeking Alpha

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...

4 weeks ago - Seeking Alpha

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5 weeks ago - Seeking Alpha

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...

6 weeks ago - Business Wire

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