Agree Realty Corporation

Agree Realty Corporation

ADCยทNYSE

$72.03

-0.66%
Real EstateREIT - Retail

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.

At a Glance

Live Snapshot
Market Cap$8.65B
EPS1.7700
P/E Ratio39.03
Earnings Date07/30/2026
adc

Agree Realty Corporation Street Expectations Map

ADC ยท NYSE

Wall Street analysts project that ADC stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 83.94, with estimates ranging from a low of 80.00 to a high of 91.00.

Lowest Target
80.00
11.06%
Consensus Target
83.94
16.53%
Highest Target
91.00
26.34%

The consensus 1-year price target stands at 83.94, with estimates ranging from a low of 80.00 to a high of 91.00.

Analyst Consensus Analysis

Upside Potential

+16.5%

Strong upside potential. Consensus indicates attractive return opportunity with favorable risk-reward profile.

Analyst Agreement

13.1% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

adc

Agree Realty Corporation Forward Estimates of Revenue

ADC ยท NYSE
Latest Revenue
718.40M
FY 2025
Avg Estimate
802.90M
FY 2026
Estimate Range
715.21M - 848.52M
Analyst Spread

Forward Growth Analysis

Projected Growth+11.8%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage9 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread17%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

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Agree Realty Corporation Forward Estimates of Net Income

ADC ยท NYSE
Latest Net Income
204.35M
FY 2025
Avg Estimate
199.34M
FY 2026
Estimate Range
197.79M - 200.88M
Analyst Spread

Forward Growth Analysis

Projected Growth-2.5%

Declining expectations indicate headwindsโ€”investigate whether temporary or structural issues.

Analyst Coverage9 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread2%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Agree Realty Corporation Forward Estimates of EPS

ADC ยท NYSE
Latest EPS
1.77
FY 2025
Avg Estimate
$1.96
FY 2026
Estimate Range
$1.94 - $1.97
Analyst Spread

Forward Growth Analysis

Projected Growth+10.9%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage6 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread2%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

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Agree Realty Corporation Forward Estimates of EBIT

ADC ยท NYSE
Latest EBIT
341.34M
FY 2025
Avg Estimate
406.00M
FY 2026
Estimate Range
361.66M - 429.07M
Analyst Spread

Forward Growth Analysis

Projected Growth+18.9%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage9 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread17%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

adc

Agree Realty Corporation Forward Estimates of EBITDA

ADC ยท NYSE
Latest EBITDA
617.06M
FY 2025
Avg Estimate
703.61M
FY 2026
Estimate Range
626.76M - 743.58M
Analyst Spread

Forward Growth Analysis

Projected Growth+14.0%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage9 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread17%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

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Agree Realty Corporation Forward Estimates of SG&A Expense

ADC ยท NYSE
Latest SG&A Expense
44.06M
FY 2025
Avg Estimate
56.81M
FY 2026
Estimate Range
50.61M - 60.04M
Analyst Spread

Forward Growth Analysis

Projected Growth+28.9%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage9 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread17%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

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Agree Realty Corporation Insider Positioning

ADC ยท NYSE

During the last 12 months, insiders have purchased $8.42M worth of ADC shares, with no selling activity reported.

3 Months

Bought

34.2K

2.56M

Sold

0

0.00

Net Activity

+2.6M

+$2.56M

3-6 Months

Bought

39.5K

2.81M

Sold

0

0.00

Net Activity

+2.8M

+$2.81M

6-9 Months

Bought

29.0K

2.05M

Sold

0

0.00

Net Activity

+2.0M

+$2.05M

9-12 Months

Bought

13.6K

1.00M

Sold

0

0.00

Net Activity

+1.0M

+$1.00M

Top Buyers

1
RJJ

Rakolta John Jr

Director

70.3K sharesโ€ข5 transactions

$5.10M

2
AR

Agree Richard

Director, Officer: Executive Chairman Of Board

24.0K sharesโ€ข1 transactions

$1.70M

3
AJ

Agree Joey

Director, Officer: President & Ceo

19.7K sharesโ€ข4 transactions

$1.46M

4
LG

Lehmkuhl Greg

Director

1.5K sharesโ€ข2 transactions

$111K

5
CP

Coughenour Peter

Officer: Chief Financial Officer

500 sharesโ€ข1 transactions

$35K

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Bullish

Strong bullish signal with $8.42M net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.

Buy/Sell Ratio

โˆž:1

Perfect buy/sell ratio. Only buying activity with zero sellingโ€”the most bullish possible insider signal.

Recent Trend (3 Months)

$2.56M

Very strong recent buying momentum. Recent insider purchases significantly outpace sales, suggesting near-term optimism.

Insider Participation

High Buying

5 insider buyers vs. 0 sellers. Broad-based buying across management team suggests widespread confidence.

Insider Activity Insight

Strong confluence of bullish signals: High buy/sell ratio, multiple insiders participating, and recent buying momentum all point to significant insider confidence. This level of coordinated buying often precedes positive developments.