ADC
Agree Realty Corporation NYSE Listed Apr 15, 1994$73.25
After hrs
$73.05
-0.27%
Mkt Cap $8.1B
52w Low $70.22
25.9% of range
52w High $81.92
50d MA $75.77
200d MA $74.53
P/E (TTM)
41.4x
EV/EBITDA
18.5x
P/B
1.3x
Debt/Equity
0.5x
ROE
3.5%
P/FCF
16.2x
RSI (14)
46.00
ATR (14)
$1.33
Beta
0.53
50d MA
$75.77
200d MA
$74.53
Avg Volume
1.2M
Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants. As of September 30, 2020, the Company owned and operated a portfolio of 1,027 properties, located in 45 states and containing approximately 21.0 million square feet of gross leasable area. The Company's common stock is listed on the New York Stock Exchange under the symbol ADC.
70 East Long Lake Road · Royal Oak, MI 48304 · US
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr 21, 2026 | AMC | 0.48 | 1.14 | +138.0% | 78.86 | +1.4% | -2.8% | +0.8% | -0.7% | -0.9% | +1.1% | — |
| Feb 10, 2026 | AMC | 0.47 | 0.47 | -0.1% | 76.51 | +0.6% | +0.3% | -0.2% | +2.0% | +1.4% | -3.1% | — |
| Oct 21, 2025 | AMC | 1.08 | 1.10 | +1.9% | 75.00 | +2.4% | +0.2% | +0.0% | -0.5% | +0.2% | -1.2% | — |
| Jul 31, 2025 | AMC | 1.06 | 1.06 | +0.0% | 71.70 | +3.7% | +2.8% | +1.8% | -1.0% | -0.8% | +0.3% | — |
| Apr 22, 2025 | AMC | 1.05 | 1.06 | +1.0% | 79.12 | -0.2% | -2.4% | -1.2% | -0.8% | +1.0% | +1.2% | — |
| Feb 11, 2025 | AMC | 0.43 | 1.04 | +141.9% | 72.60 | -2.0% | -1.7% | +0.6% | -1.2% | +0.1% | +0.4% | — |
| Oct 22, 2024 | AMC | 1.03 | 1.03 | +0.0% | 75.11 | -0.9% | +2.1% | -2.2% | +0.0% | -0.8% | -0.8% | — |
| Jul 23, 2024 | AMC | 1.03 | 1.04 | +1.0% | 66.69 | +0.3% | +1.7% | +0.1% | +1.2% | +0.5% | +0.9% | — |
| Apr 23, 2024 | AMC | 1.01 | 1.03 | +2.0% | 57.56 | +0.8% | +1.4% | -0.5% | -0.5% | +0.0% | -1.0% | — |
| Feb 13, 2024 | AMC | 1.00 | 1.00 | +0.0% | 57.31 | -1.1% | -1.9% | +2.0% | -0.5% | -1.3% | +1.5% | — |
| Oct 24, 2023 | AMC | 0.98 | 1.00 | +2.0% | 54.52 | -0.3% | -0.7% | +0.7% | -0.4% | +0.9% | +2.0% | — |
| Aug 1, 2023 | AMC | 0.98 | 0.98 | +0.0% | 64.65 | -0.2% | -2.5% | +2.3% | +0.2% | +0.4% | -1.7% | — |
| Date | Firm | Action | Grade | Target | Base | Open | Gap% | D1% | D2% | D3% | D4% | D5% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 1 | Jefferies | Reiterates | Buy | $84 | $74.15 | $73.60 | -0.7% | -2.3% | +0.3% | -0.9% | +0.3% | +1.6% |
| Apr 24 | Citigroup | Maintains | Neutral → Neutral | — | $77.25 | $77.36 | +0.1% | -0.7% | -0.9% | +1.1% | -0.7% | +1.0% |
| Apr 23 | RBC Capital | Maintains | Outperform → Outperform | — | $76.67 | $77.31 | +0.8% | +0.8% | -0.7% | -0.9% | +1.1% | -0.7% |
| Apr 22 | Baird | Maintains | Outperform → Outperform | — | $78.86 | $80.00 | +1.4% | -2.8% | +0.8% | -0.7% | -0.9% | +1.1% |
| Apr 21 | Barclays | Maintains | Equal Weight → Equal Weight | — | $79.56 | $79.77 | +0.3% | -0.9% | -2.8% | +0.8% | -0.7% | -0.9% |
| Apr 17 | BMO Capital | Downgrade | Outperform → Market Perform | — | $78.93 | $78.47 | -0.6% | +0.7% | +0.1% | -0.9% | -2.8% | +0.8% |
| Mar 23 | Truist | Maintains | Buy → Buy | — | $76.15 | $76.62 | +0.6% | -0.6% | -0.6% | -1.4% | +0.2% | +0.0% |
| Mar 17 | Evercore ISI | Maintains | Outperform → Outperform | — | $79.79 | $80.10 | +0.4% | +0.3% | -1.2% | -0.5% | -3.2% | -0.6% |
| Mar 17 | Raymond James | Maintains | Strong Buy → Strong Buy | — | $79.79 | $80.10 | +0.4% | +0.3% | -1.2% | -0.5% | -3.2% | -0.6% |
| Mar 13 | Barclays | Maintains | Equal Weight → Equal Weight | — | $79.66 | $80.69 | +1.3% | -0.6% | +0.7% | +0.3% | -1.2% | -0.5% |
| Mar 11 | Mizuho | Maintains | Neutral → Neutral | — | $80.49 | $80.10 | -0.5% | -0.8% | -0.2% | -0.6% | +0.7% | +0.3% |
| Mar 9 | UBS | Maintains | Buy → Buy | — | $81.35 | $80.94 | -0.5% | -0.4% | -0.7% | -0.8% | -0.2% | -0.6% |
| Feb 12 | RBC Capital | Maintains | Outperform → Outperform | — | $76.75 | $77.13 | +0.5% | -0.2% | +2.0% | +1.4% | -3.1% | +0.6% |
| Feb 11 | Stifel | Maintains | Buy → Buy | — | $76.51 | $77.00 | +0.6% | +0.3% | -0.2% | +2.0% | +1.4% | -3.1% |
| Jan 6 | RBC Capital | Maintains | Outperform → Outperform | — | $71.82 | $70.96 | -1.2% | -1.9% | -0.0% | +0.5% | -0.4% | +1.2% |
| Dec 17 | Mizuho | Maintains | Neutral → Neutral | — | $71.06 | $70.84 | -0.3% | +1.6% | +0.3% | -0.4% | +0.3% | -0.4% |
| Dec 15 | Evercore ISI | Maintains | Outperform → Outperform | — | $71.75 | $71.91 | +0.2% | +0.1% | -1.1% | +1.6% | +0.3% | -0.4% |
| Dec 3 | Barclays | Maintains | Equal Weight → Equal Weight | — | $74.15 | $74.32 | +0.2% | +0.4% | -0.1% | -0.6% | -1.6% | -1.9% |
| Nov 25 | Wells Fargo | Maintains | Overweight → Overweight | — | $74.33 | $74.64 | +0.4% | +1.0% | +0.1% | +0.1% | -0.8% | -0.7% |
| Oct 24 | KeyBanc Capital Markets | Maintains | Overweight → Overweight | — | $75.14 | $75.14 | +0.0% | -0.5% | +0.2% | -1.2% | -1.3% | -0.3% |
| Oct 24 | Truist | Maintains | Buy → Buy | — | $75.14 | $75.14 | +0.0% | -0.5% | +0.2% | -1.2% | -1.3% | -0.3% |
| Oct 23 | RBC Capital | Maintains | Outperform → Outperform | — | $75.14 | $75.14 | +0.0% | +0.0% | -0.5% | +0.2% | -1.2% | -1.3% |
| Sep 15 | Evercore ISI | Maintains | Outperform → Outperform | — | $73.10 | $73.29 | +0.3% | -0.2% | -1.2% | -0.1% | -0.6% | -0.4% |
| Sep 11 | Mizuho | Maintains | Neutral → Neutral | — | $71.97 | $72.01 | +0.1% | +2.5% | -0.9% | -0.2% | -1.2% | -0.1% |
| Aug 20 | Barclays | Maintains | Equal Weight → Equal Weight | — | $73.48 | $73.48 | +0.0% | +0.6% | +0.2% | -1.2% | -0.9% | -0.5% |
| Aug 12 | UBS | Maintains | Buy → Buy | — | $72.87 | $73.07 | +0.3% | -0.3% | -0.5% | -0.2% | +0.6% | -0.8% |
| Aug 8 | Truist | Maintains | Buy → Buy | — | $73.87 | $73.90 | +0.0% | -0.7% | -0.6% | -0.3% | -0.5% | -0.2% |
| Jul 21 | Barclays | Maintains | Equal Weight → Equal Weight | — | $71.63 | $71.98 | +0.5% | -0.4% | +3.2% | +0.9% | -0.7% | -0.3% |
| Jul 16 | UBS | Maintains | Buy → Buy | — | $71.62 | $71.62 | +0.0% | +0.9% | -0.5% | -0.3% | -0.4% | +3.2% |
| Jun 30 | JMP Securities | Maintains | Market Perform → Market Perform | — | $72.35 | $72.37 | +0.0% | +1.0% | -0.3% | -1.0% | -0.1% | -0.0% |
| Jun 16 | Mizuho | Maintains | Neutral → Neutral | — | $74.55 | $74.47 | -0.1% | -1.1% | +1.3% | +0.9% | -0.9% | +1.6% |
| May 21 | Barclays | Maintains | Equal Weight → Equal Weight | — | $75.82 | $75.62 | -0.3% | -1.2% | -0.6% | +0.7% | +0.9% | -0.6% |
| May 16 | JMP Securities | Maintains | Market Perform → Market Perform | — | $73.92 | $73.85 | -0.1% | +1.4% | +1.0% | +0.2% | -1.2% | -0.6% |
| May 13 | UBS | Maintains | Buy → Buy | — | $73.60 | $73.75 | +0.2% | -0.9% | -0.7% | +2.1% | +1.4% | +1.0% |
| May 7 | BTIG | Downgrade | Buy → Neutral | — | $76.66 | $76.42 | -0.3% | -0.6% | -1.6% | +0.3% | -2.1% | -0.9% |
| May 5 | Truist | Maintains | Buy → Buy | — | $76.36 | $76.50 | +0.2% | +0.1% | +0.3% | -0.6% | -1.6% | +0.3% |
| Apr 30 | JMP Securities | Maintains | Market Perform → Market Perform | — | $77.33 | $77.23 | -0.1% | +0.4% | -0.9% | -0.7% | +0.1% | +0.3% |
| Apr 25 | Baird | Maintains | Outperform → Outperform | — | $76.29 | $76.50 | +0.3% | -0.8% | +1.0% | +1.2% | +0.4% | -0.9% |
| Apr 24 | Evercore ISI | Maintains | Outperform → Outperform | — | $77.19 | $76.24 | -1.2% | -1.2% | -0.8% | +1.0% | +1.2% | +0.4% |
| Apr 23 | Stifel | Maintains | Buy → Buy | — | $79.12 | $79.00 | -0.2% | -2.4% | -1.2% | -0.8% | +1.0% | +1.2% |
| Apr 3 | Mizuho | Maintains | Neutral → Neutral | — | $76.49 | $76.88 | +0.5% | +0.4% | -3.0% | -4.1% | -1.0% | +3.2% |
| Mar 10 | Wells Fargo | Maintains | Overweight → Overweight | — | $76.02 | $76.53 | +0.7% | +1.1% | -1.2% | -0.9% | +0.5% | +1.7% |
| Mar 4 | Barclays | Upgrade | Underweight → Equal Weight | — | $74.08 | $74.81 | +1.0% | +0.1% | +1.9% | -0.8% | +1.4% | +1.1% |
| Feb 13 | RBC Capital | Maintains | Outperform → Outperform | — | $71.40 | $70.89 | -0.7% | +0.6% | -1.2% | +0.1% | +0.4% | +0.0% |
| Feb 4 | Barclays | Maintains | Underweight → Underweight | — | $72.88 | $72.32 | -0.8% | -0.6% | +0.6% | +0.3% | -0.2% | -0.1% |
| Jan 28 | RBC Capital | Maintains | Outperform → Outperform | — | $74.39 | $74.04 | -0.5% | -1.9% | -1.5% | +1.7% | -0.7% | +0.4% |
| Jan 8 | Mizuho | Maintains | Neutral → Neutral | — | $70.04 | $69.82 | -0.3% | -0.5% | -1.9% | +1.7% | +1.6% | +0.1% |
| Jan 7 | Stifel | Maintains | Buy → Buy | — | $70.42 | $70.50 | +0.1% | -0.5% | -0.5% | -1.9% | +1.7% | +1.6% |
| Jan 7 | RBC Capital | Maintains | Outperform → Outperform | — | $70.42 | $70.50 | +0.1% | -0.5% | -0.5% | -1.9% | +1.7% | +1.6% |
| Jan 6 | UBS | Upgrade | Neutral → Buy | — | $70.33 | $70.19 | -0.2% | +0.1% | -0.5% | -0.5% | -1.9% | +1.7% |
| Date | Insider | Title | Type | Shares | Price | Value | Owned After | D1% | D5% |
|---|---|---|---|---|---|---|---|---|---|
| Jun 4, 2026 | AGREE RICHARDDir/Off | EXECUTIVE CHAIRMAN OF BOARD | Buy | 5,000 | $71.41 | $357K | 90,512 | +1.79% | -1.79% |
| May 15, 2026 | RAKOLTA JOHN JRDir | — | Buy | 20,000 | $74.57 | $1.5M | 595,797 | -0.09% | -0.79% |
| May 14, 2026 | Lehmkuhl GregDir | — | Buy | 750 | $75.09 | $56K | 34,464 | -0.21% | +0.07% |
| May 14, 2026 | Agree JoeyDir/Off | PRESIDENT & CEO | Buy | 13,295 | $75.41 | $1.0M | 675,105 | -0.21% | +0.07% |
8-K · 8.01
!! High
Agree Realty Corporation -- 8-K 8.01: Material Event / Announcement
Agree Realty Corporation established an at-the-market equity program with Wells Fargo Securities, Baird, and BofA Securities, enabling flexible capital raising by selling shares opportunistically at market prices.
Apr 24
8-K
Agree Realty Corporation -- 8-K Filing
I cannot provide a meaningful analysis of this filing because the summary contains only standard SEC form language and signature blocks without disclosure of any material business event or transaction affecting Agree Realty Corporation.
Apr 21
8-K · 7.01
! Medium
Agree Realty Corporation -- 8-K 7.01: Regulation FD Disclosure
Agree Realty Corporation raised over $623 million through forward sale agreements for 8.3 million shares via its at-the-market program, providing capital for growth or debt reduction.
Feb 26
8-K
Agree Realty Corporation -- 8-K Filing
Agree Realty Corporation projects 2026 AFFO per share of $4.54-$4.58 and raised capital deployment guidance to $1.4-$1.6 billion, signaling confident growth expansion for the REIT investor base.
Feb 10
Institutional (13F) — Top 20
All ↗
| # | Manager | Shares | Value | Chg | Period |
|---|---|---|---|---|---|
| 1 | Cohen & Steers, Inc. | 14,094,952 | $1.0B | Added | Dec 2025 |
| 2 | Vanguard Portfolio Management Llc | 10,260,006 | $773M | New | Mar 2026 |
| 3 | Vanguard Capital Management Llc | 5,346,433 | $403M | New | Mar 2026 |
| 4 | Principal Financial Group Inc | 4,293,556 | $309M | Added | Dec 2025 |
| 5 | Two Sigma Investments, Lp | 4,041,693 | $305M | Added | Mar 2026 |
| 6 | Jpmorgan Chase & Co | 2,766,748 | $207M | Reduced | Mar 2026 |
| 7 | Morgan Stanley | 2,614,464 | $188M | Added | Dec 2025 |
| 8 | Prudential Financial Inc | 1,907,109 | $144M | Added | Mar 2026 |
| 9 | Bank Of America Corp /de/ | 1,526,561 | $115M | Added | Mar 2026 |
| 10 | Raymond James Financial Inc | 1,432,481 | $108M | Added | Mar 2026 |
| 11 | Janus Henderson Group Plc | 1,251,683 | $94M | New | Mar 2026 |
| 12 | Northern Trust Corp | 1,151,104 | $87M | Added | Mar 2026 |
| 13 | Millennium Management | 1,098,432 | $83M | Reduced | Mar 2026 |
| 14 | Sei Investments Co | 1,051,454 | $79M | Added | Mar 2026 |
| 15 | Bank Of New York Mellon Corp | 925,807 | $70M | — | Mar 2026 |
| 16 | Russell Investments Group, Ltd. | 903,113 | $68M | Reduced | Mar 2026 |
| 17 | Citadel Advisors Llc | 791,151 | $60M | Reduced | Mar 2026 |
| 18 | Frontier Capital Management Co Llc | 806,232 | $58M | Reduced | Dec 2025 |
| 19 | Alyeska Investment Group, L.p. | 607,793 | $46M | Added | Mar 2026 |
| 20 | Hrt Financial Lp | 520,919 | $39M | Added | Mar 2026 |
Mutual Funds / ETFs (N-PORT) — Top 20
All ↗
Valuation
Market Cap
$8.15B
Enterprise Value
$11.42B
P/E (TTM)
41.38x
Forward P/E
37.37x
PEG Ratio
-34.93x
P/B
1.29x
P/S
11.34x
P/FCF
16.16x
EV/EBITDA
18.51x
Shares Out
111.2M
Financials (TTM)
Revenue
$718.4M
Net Income
$204.3M
EBITDA
$617.1M
Free Cash Flow
$504.1M
Op Cash Flow
$504.1M
EPS Basic
$1.77
EPS Diluted
$1.77
EPS Forward
$1.96
Gross Margin
87.7%
Op Margin
47.4%
Net Margin
28.4%
Balance Sheet
Total Assets
$9.80B
Total Liab.
$3.53B
Total Equity
$6.27B
Cash
$16.3M
LT Debt
$3.29B
Book Value/Sh
$56.64
Debt/Equity
0.53x
Current Ratio
0.83
Quick Ratio
0.83
Returns & Growth
ROE
3.5%
ROA
2.2%
ROIC
3.5%
Rev Growth YoY
+16.4%
EPS Growth YoY
-1.1%
Price Returns
2W
-1.5%
1M
-3.8%
3M
-7.9%
6M
-1.4%
12M
-1.5%
Technicals
52W High
$81.92
52W Low
$70.22
50d MA
$75.77
200d MA
$74.53
RSI (14)
46.00
ATR (14)
$1.33
Beta
0.53
Avg Volume
1.2M
Dividends
Div Rate
$3.14
Div Yield
4.1%
Frequency
12
Ex-Div Date
Apr 30, 2026
Analyst Price Targets
Consensus
$83.50
High
$91.00
Low
$75.00
Median
$83.00
Data updated apr 24, 2026 10:53am
· Source: financialmodelingprep.com