NYSE:ADC Agree Realty (ADC) Stock Price, News & Analysis → Top Project Outperforms BTC in 2023… (From Crypto 101 Media) (Ad) Free ADC Stock Alerts $57.12 +0.44 (+0.78%) (As of 05:21 PM ET) Add Compare Share Share Today's Range$56.85▼$57.2850-Day Range$54.94▼$61.1952-Week Range$52.69▼$69.26Volume828,519 shsAverage Volume1.08 million shsMarket Capitalization$5.74 billionP/E Ratio33.40Dividend Yield5.18%Price Target$65.61 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Agree Realty alerts: Email Address Agree Realty MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside15.0% Upside$65.61 Price TargetShort InterestHealthy3.94% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.46Based on 3 Articles This WeekInsider TradingAcquiring Shares$3.05 M Bought Last QuarterProj. Earnings Growth3.19%From $4.08 to $4.21 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.15 out of 5 starsFinance Sector248th out of 850 stocksReal Estate Investment Trusts Industry47th out of 179 stocks 3.3 Analyst's Opinion Consensus RatingAgree Realty has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $65.61, Agree Realty has a forecasted upside of 15.0% from its current price of $57.07.Amount of Analyst CoverageAgree Realty has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.94% of the outstanding shares of Agree Realty have been sold short.Short Interest Ratio / Days to CoverAgree Realty has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Agree Realty has recently increased by 16.47%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipAgree Realty is a leading dividend payer. It pays a dividend yield of 5.29%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAgree Realty has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Agree Realty is 173.10%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Agree Realty will have a dividend payout ratio of 70.31% next year. This indicates that Agree Realty will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ADC. Previous Next 2.5 News and Social Media Coverage News SentimentAgree Realty has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Agree Realty this week, compared to 5 articles on an average week.Search Interest50 people have searched for ADC on MarketBeat in the last 30 days. This is an increase of 4% compared to the previous 30 days.MarketBeat Follows39 people have added Agree Realty to their MarketBeat watchlist in the last 30 days. This is an increase of 3% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Agree Realty insiders have bought more of their company's stock than they have sold. Specifically, they have bought $3,054,557.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.60% of the stock of Agree Realty is held by insiders.Percentage Held by Institutions97.83% of the stock of Agree Realty is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Agree Realty are expected to grow by 3.19% in the coming year, from $4.08 to $4.21 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Agree Realty is 33.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.50.Price to Earnings Ratio vs. SectorThe P/E ratio of Agree Realty is 33.37, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.66.Price to Earnings Growth RatioAgree Realty has a PEG Ratio of 2.59. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAgree Realty has a P/B Ratio of 1.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. 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The Company's common stock is listed on the New York Stock Exchange under the symbol "ADC".Read More ADC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ADC Stock News HeadlinesMarch 16, 2024 | insidertrades.comInsider Buying: Agree Realty Co. (NYSE:ADC) CAO Purchases 450 Shares of StockMarch 25, 2024 | seekingalpha.comAgree Realty: A Top Dividend Stock To Buy Before The Fed Cuts RatesMarch 28, 2024 | Crypto 101 Media (Ad)Top Project Outperforms BTC in 2023…According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.March 21, 2024 | seekingalpha.comAgree Realty: Why I Bought The 5.3% Yielding CommonsMarch 20, 2024 | investorplace.comUncertain Times Call for Certain Yields: 7 High-Yield Dividend Stocks to Buy NowMarch 20, 2024 | finance.yahoo.com12 Best High Dividend Stocks Under $100March 16, 2024 | nasdaq.comGuru Fundamental Report for ADC - Martin ZweigMarch 16, 2024 | ca.finance.yahoo.comADC Apr 2024 30.000 callMarch 28, 2024 | Crypto 101 Media (Ad)Top Project Outperforms BTC in 2023…According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.March 13, 2024 | benzinga.comHow Is The Market Feeling About Agree Realty?March 9, 2024 | fool.com3 Deeply Discounted REITs to BuyMarch 7, 2024 | markets.businessinsider.comExpert Outlook: Agree Realty Through The Eyes Of 12 AnalystsFebruary 27, 2024 | investorplace.com3 Top REITs to Strengthen Your Portfolio in Q1February 27, 2024 | finance.yahoo.comBuy These REITs for Reliable Monthly IncomeFebruary 27, 2024 | investorplace.com3 Stocks Flashing Recent Insider Buying SignalsFebruary 27, 2024 | finance.yahoo.comAgree Realty Corporation (ADC) stock forecast and price targetFebruary 22, 2024 | finance.yahoo.comDirector John Rakolta Acquires 20,102 Shares of Agree Realty CorpFebruary 22, 2024 | seekingalpha.comAgree Realty: Strong Performance In Q4, Good Financial Position (Rating Upgrade)February 22, 2024 | money.usnews.comAgree Realty Corp.February 21, 2024 | finance.yahoo.comFrom Groceries to Gucci: The Resurgence of Community Retail HubsFebruary 20, 2024 | finance.yahoo.comDirector John Rakolta Acquires 20,430 Shares of Agree Realty Corp (ADC)February 20, 2024 | fool.com2 Real Estate Dividend Stocks You Can Buy and Hold for the Next DecadeFebruary 20, 2024 | au.finance.yahoo.comAgree Realty Corporation (ADC.MX)February 15, 2024 | markets.businessinsider.comAnalysts Conflicted on These Real Estate Names: Safehold (SAFE), Agree Realty (ADC) and Paramount Group (PGRE)February 15, 2024 | insidermonkey.comAgree Realty Corporation (NYSE:ADC) Q4 2023 Earnings Call TranscriptFebruary 15, 2024 | 247wallst.com5 Analyst Best Stock Picks from Wall Street for 2024 That Pay DividendsFebruary 15, 2024 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Real Estate Stocks: Agree Realty (ADC) and Welltower (WELL)See More Headlines Receive ADC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Agree Realty and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/05/2023Ex-Dividend for 3/14 Dividend2/28/2024Dividend Payable3/14/2024Ex-Dividend for 4/12 Dividend3/27/2024Today3/28/2024Dividend Payable4/12/2024Next Earnings (Estimated)5/02/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryRetail REITs Current SymbolNYSE:ADC CUSIP00849210 CIK917251 Webwww.agreerealty.com Phone(248) 737-4190Fax248-737-9110Employees72Year Founded1971Price Target and Rating Average Stock Price Target$65.61 High Stock Price Target$71.00 Low Stock Price Target$60.00 Potential Upside/Downside+15.1%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$1.71 Trailing P/E Ratio33.33 Forward P/E Ratio13.97 P/E Growth2.59Net Income$169.96 million Net Margins31.62% Pretax Margin31.73% Return on Equity3.48% Return on Assets2.29% Debt Debt-to-Equity Ratio0.48 Current Ratio0.74 Quick Ratio0.74 Sales & Book Value Annual Sales$537.49 million Price / Sales10.66 Cash Flow$3.89 per share Price / Cash Flow14.66 Book Value$49.99 per share Price / Book1.14Miscellaneous Outstanding Shares100,520,000Free Float98,911,000Market Cap$5.73 billion OptionableOptionable Beta0.52 Social Links 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report Key ExecutivesMr. Richard A. Agree (Age 80)Executive Chairman of the Board Mr. Joel N. Agree (Age 45)President, CEO & Director Comp: $3.99MMr. Peter Coughenour (Age 31)CFO, Secretary & Investor Relations Professional Comp: $890.66kMs. Nicole Witteveen (Age 34)Chief Operating Officer Comp: $435.75kMs. Danielle M. Spehar (Age 56)General Counsel Comp: $781.18kMr. Craig Erlich (Age 57)Chief Growth Officer Comp: $1.06MMr. Stephen BreslinChief Accounting OfficerMr. Brian Michael HawthorneDirector of Corporate FinanceMr. Larry KaufmanChief Information Officer & VP of Continuous ImprovementMr. Josh BrattonDirector of DevelopmentMore ExecutivesKey CompetitorsSpirit Realty CapitalNYSE:SRCPS Business ParksNYSE:PSBRayonierNYSE:RYNKite Realty Group TrustNYSE:KRGWeingarten Realty InvestorsNYSE:WRIView All CompetitorsInsiders & InstitutionsPNC Financial Services Group Inc.Bought 1,338 shares on 3/22/2024Ownership: 0.010%Stephen BreslinBought 450 shares on 3/14/2024Total: $24,898.50 ($55.33/share)Vanguard Group Inc.Bought 462,828 shares on 3/11/2024Ownership: 14.149%ICA Group Wealth Management LLCBought 1,000 shares on 3/8/2024Ownership: 0.001%Wellington Management Group LLPBought 68,071 shares on 3/5/2024Ownership: 0.068%View All Insider TransactionsView All Institutional Transactions ADC Stock Analysis - Frequently Asked Questions Should I buy or sell Agree Realty stock right now? 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Agree Realty in the last twelve months. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ADC shares. View ADC analyst ratings or view top-rated stocks. What is Agree Realty's stock price target for 2024? 9 brokers have issued twelve-month price objectives for Agree Realty's shares. Their ADC share price targets range from $60.00 to $71.00. On average, they predict the company's share price to reach $65.61 in the next year. This suggests a possible upside of 15.0% from the stock's current price. View analysts price targets for ADC or view top-rated stocks among Wall Street analysts. How have ADC shares performed in 2024? Agree Realty's stock was trading at $62.95 at the start of the year. Since then, ADC stock has decreased by 9.3% and is now trading at $57.07. View the best growth stocks for 2024 here. Are investors shorting Agree Realty? Agree Realty saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 3,960,000 shares, an increase of 16.5% from the February 29th total of 3,400,000 shares. Based on an average trading volume of 1,060,000 shares, the days-to-cover ratio is presently 3.7 days. View Agree Realty's Short Interest. When is Agree Realty's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our ADC earnings forecast. How were Agree Realty's earnings last quarter? Agree Realty Co. (NYSE:ADC) released its quarterly earnings data on Friday, May, 5th. The real estate investment trust reported $0.44 earnings per share for the quarter, missing analysts' consensus estimates of $0.96 by $0.52. The real estate investment trust earned $126.62 million during the quarter, compared to analyst estimates of $124.55 million. Agree Realty had a trailing twelve-month return on equity of 3.48% and a net margin of 31.62%. During the same period in the previous year, the business posted $0.97 earnings per share. How often does Agree Realty pay dividends? What is the dividend yield for Agree Realty? Agree Realty announced a monthly dividend on Tuesday, March 12th. Stockholders of record on Thursday, March 28th will be given a dividend of $0.247 per share on Friday, April 12th. This represents a $2.96 dividend on an annualized basis and a yield of 5.19%. The ex-dividend date of this dividend is Wednesday, March 27th. Read our dividend analysis for ADC. Is Agree Realty a good dividend stock? Agree Realty (NYSE:ADC) pays an annual dividend of $2.96 per share and currently has a dividend yield of 5.29%. ADC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 173.10%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ADC will have a dividend payout ratio of 70.31% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ADC. What ETFs hold Agree Realty's stock? ETFs with the largest weight of Agree Realty (NYSE:ADC) stock in their portfolio include NETLease Corporate Real Estate ETF (NETL), AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG), ALPS Active REIT ETF (REIT), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV), JPMorgan Active Small Cap Value ETF (JPSV), Invesco S&P MidCap Low Volatility ETF (XMLV), Cambria Global Real Estate ETF (BLDG) and iShares US Credit Bond ETF (CRED). What is Richard Agree's approval rating as Agree Realty's CEO? 1 employees have rated Agree Realty Chief Executive Officer Richard Agree on Glassdoor.com. Richard Agree has an approval rating of 100% among the company's employees. This puts Richard Agree in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Agree Realty own? Based on aggregate information from My MarketBeat watchlists, some companies that other Agree Realty investors own include Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Accenture (ACN), Charles Schwab (SCHW), AutoZone (AZO), Hudson Technologies (HDSN), Och-Ziff Capital Management Group (OZM) and Vicor (VICR). Who are Agree Realty's major shareholders? Agree Realty's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (14.15%), Vanguard Group Inc. (14.15%), Principal Financial Group Inc. (6.63%), Centersquare Investment Management LLC (3.55%), Charles Schwab Investment Management Inc. (1.47%) and Dimensional Fund Advisors LP (1.40%). Insiders that own company stock include Craig Erlich, Greg Lehmkuhl, Joey Agree, John Rakolta Jr, Merrie S Frankel, Merrie S Frankel, Peter Coughenour, Richard Agree and Stephen Breslin. View institutional ownership trends. How do I buy shares of Agree Realty? Shares of ADC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:ADC) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeGrab Your Free Bitcoin Today!Crypto Swap ProfitsMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceTop Project Outperforms BTC in 2023…Crypto 101 MediaFed launches fourth dollar overhaulStansberry ResearchBREAKING: New AI Breakthrough Could Change Healthcare ForeverBehind the MarketsThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research Advisory Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Agree Realty Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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