Insider Buying: Agree Realty (NYSE:ADC) Chairman Acquires $357,050.00 in Stock

Posted by Brenda Bartman on Jun 11th, 2026

Agree Realty Corporation (NYSE:ADC – Get Free Report) Chairman Richard Agree purchased 5,000 shares of the company’s stock in a transaction dated Thursday, June 4th. The shares were acquired at an average price of $71.41 per share, for a total transaction of $357,050.00. Following the purchase, the chairman directly owned 90,512 shares of the company’s stock, valued at approximately $6,463,461.92. The trade was a 5.85% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.

Agree Realty Price Performance

Shares of ADC stock opened at $75.60 on Thursday. The stock’s 50-day simple moving average is $75.97 and its 200-day simple moving average is $75.26. The firm has a market capitalization of $9.08 billion, a price-to-earnings ratio of 40.87, a PEG ratio of 2.51 and a beta of 0.48. Agree Realty Corporation has a fifty-two week low of $69.56 and a fifty-two week high of $82.08. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.83 and a current ratio of 0.83.

Agree Realty (NYSE:ADC – Get Free Report) last issued its earnings results on Tuesday, April 21st. The real estate investment trust reported $0.50 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.03. Agree Realty had a return on equity of 3.95% and a net margin of 29.25%.The firm had revenue of $211.49 million for the quarter, compared to analyst estimates of $195.73 million. During the same quarter in the prior year, the firm earned $0.42 earnings per share. Agree Realty’s revenue for the quarter was up 18.7% on a year-over-year basis. Agree Realty has set its FY 2026 guidance at 4.540-4.580 EPS. As a group, equities analysts forecast that Agree Realty Corporation will post 4.44 earnings per share for the current fiscal year.

Agree Realty Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be paid a dividend of $0.267 per share. This represents a $1.07 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Tuesday, June 30th. Agree Realty’s dividend payout ratio is presently 172.97%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on ADC shares. Barclays reduced their price objective on Agree Realty from $86.00 to $84.00 and set an “equal weight” rating for the company in a research note on Tuesday, May 19th. BMO Capital Markets cut Agree Realty from an “outperform” rating to a “market perform” rating and set a $86.00 target price for the company. in a report on Friday, April 17th. Weiss Ratings upgraded Agree Realty from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, April 6th. Wall Street Zen cut Agree Realty from a “hold” rating to a “sell” rating in a report on Saturday, April 18th. Finally, Truist Financial upped their target price on Agree Realty from $79.00 to $82.00 and gave the company a “buy” rating in a report on Monday, March 23rd. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $83.80.

Check Out Our Latest Stock Analysis on ADC

Hedge Funds Weigh In On Agree Realty

Hedge funds have recently modified their holdings of the business. Centersquare Investment Management LLC grew its holdings in shares of Agree Realty by 1.8% during the 3rd quarter. Centersquare Investment Management LLC now owns 2,896,229 shares of the real estate investment trust’s stock worth $205,748,000 after purchasing an additional 51,269 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of Agree Realty by 65.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,016,722 shares of the real estate investment trust’s stock worth $143,268,000 after purchasing an additional 799,185 shares during the period. Azzad Asset Management Inc. ADV purchased a new position in shares of Agree Realty during the 3rd quarter worth $971,000. Vanguard Group Inc. grew its holdings in shares of Agree Realty by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 15,731,141 shares of the real estate investment trust’s stock worth $1,133,114,000 after purchasing an additional 84,568 shares during the period. Finally, Lasalle Investment Management Securities LLC grew its holdings in shares of Agree Realty by 6.2% during the 4th quarter. Lasalle Investment Management Securities LLC now owns 674,524 shares of the real estate investment trust’s stock worth $48,586,000 after purchasing an additional 39,119 shares during the period. 97.83% of the stock is currently owned by hedge funds and other institutional investors.

Agree Realty Company Profile

(Get Free Report)

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.