Agree Realty (NYSE:ADC) Releases FY 2026 Earnings Guidance

Agree Realty (NYSE:ADC) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 4.540-4.580 for the period, compared to the consensus estimate of 2.920. The company issued revenue guidance of -.

Agree Realty Stock Performance

NYSE ADC traded down $0.59 during trading on Tuesday, hitting $78.97. The company’s stock had a trading volume of 1,153,033 shares, compared to its average volume of 1,302,410. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.54. The firm has a 50 day moving average price of $78.12 and a 200 day moving average price of $74.74. The firm has a market cap of $9.48 billion, a P/E ratio of 44.61, a price-to-earnings-growth ratio of 2.68 and a beta of 0.53. Agree Realty has a 52 week low of $69.56 and a 52 week high of $82.08.

Agree Realty (NYSE:ADC) last issued its quarterly earnings results on Tuesday, April 21st. The real estate investment trust reported $0.50 EPS for the quarter, topping the consensus estimate of $0.47 by $0.03. The company had revenue of $211.49 million for the quarter, compared to the consensus estimate of $195.73 million. Agree Realty had a return on equity of 3.79% and a net margin of 28.44%.During the same period in the previous year, the business posted $0.42 EPS. Agree Realty has set its FY 2026 guidance at 4.540-4.580 EPS. Equities research analysts forecast that Agree Realty will post 4.42 earnings per share for the current fiscal year.

Agree Realty Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, May 14th. Stockholders of record on Thursday, April 30th will be issued a dividend of $0.267 per share. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Thursday, April 30th. This is a positive change from Agree Realty’s previous monthly dividend of $0.26. Agree Realty’s payout ratio is presently 177.40%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on ADC shares. UBS Group boosted their price objective on shares of Agree Realty from $82.00 to $91.00 and gave the stock a “buy” rating in a report on Monday, March 9th. Barclays boosted their price objective on Agree Realty from $81.00 to $86.00 and gave the company an “equal weight” rating in a research report on Tuesday. BMO Capital Markets cut Agree Realty from an “outperform” rating to a “market perform” rating and set a $86.00 price objective on the stock. in a research report on Friday. Raymond James Financial boosted their price objective on Agree Realty from $84.00 to $90.00 and gave the company a “strong-buy” rating in a research report on Tuesday, March 17th. Finally, Weiss Ratings raised shares of Agree Realty from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, April 6th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $83.81.

Institutional Trading of Agree Realty

Large investors have recently bought and sold shares of the stock. Wiser Advisor Group LLC bought a new stake in Agree Realty in the third quarter valued at $32,000. Transamerica Financial Advisors LLC grew its position in Agree Realty by 214.4% in the fourth quarter. Transamerica Financial Advisors LLC now owns 547 shares of the real estate investment trust’s stock valued at $40,000 after acquiring an additional 373 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in Agree Realty by 158.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 580 shares of the real estate investment trust’s stock valued at $42,000 after acquiring an additional 356 shares during the period. Advisory Services Network LLC bought a new stake in Agree Realty during the third quarter worth about $59,000. Finally, Danske Bank A S bought a new stake in Agree Realty during the third quarter worth about $64,000. 97.83% of the stock is currently owned by institutional investors.

Agree Realty Company Profile

Agree Realty Corporation (NYSE: ADC) is a publicly traded real estate investment trust headquartered in Chicago, Illinois. Founded in 1971, the company converted to a REIT structure in 2013 and focuses on acquiring, developing and managing a diversified portfolio of retail properties under long-term, triple-net (NNN) leases. Its tenant roster spans national and regional retailers in sectors such as grocery, home improvement, convenience and specialty retail.

Agree Realty’s primary business activities include sourcing and underwriting new property acquisitions, originating build-to-suit projects and executing value-add redevelopment programs.