Agree Realty (NYSE:ADC) Hits New 12-Month Low – Should You Sell?

Posted by Geri Gentry on Sep 18th, 2026

Agree Realty Corporation (NYSE:ADC – Get Free Report) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $69.48 and last traded at $69.5770, with a volume of 253832 shares traded. The stock had previously closed at $70.07.

Key Stories Impacting Agree Realty

Here are the key news stories impacting Agree Realty this week:

Positive Sentiment: CEO Joey Agree purchased 7,360 shares for approximately $501,000, while Director John Rakolta Jr. bought 20,000 shares worth about $1.38 million. The roughly $1.9 million in combined insider purchases may signal that company leadership views ADC’s recent weakness as an attractive entry point. Agree Realty trades higher after reporting approximately $2 million in insider buy transactions
Neutral Sentiment: Agree Realty announced pricing of $400 million in 5.650% senior unsecured notes due 2036. The offering strengthens liquidity and provides capital for corporate purposes, but the 5.849% effective yield will increase interest expense and highlights the higher-cost financing environment for real estate investment trusts. Agree Realty announces pricing of $400 million of senior unsecured notes
Negative Sentiment: Mizuho lowered its price target for Agree Realty from $80 to $72 and maintained a “neutral” rating. Although the revised target implies potential upside from recent levels, the reduction signals more limited expectations for the stock and may reinforce selling pressure.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on ADC shares. Jefferies Financial Group started coverage on shares of Agree Realty in a research report on Monday, June 1st. They set a “buy” rating and a $84.00 price target on the stock. Mizuho lowered their price objective on shares of Agree Realty from $80.00 to $72.00 and set a “neutral” rating for the company in a report on Thursday. Huntington initiated coverage on shares of Agree Realty in a research note on Wednesday, July 15th. They issued an “outperform” rating and a $84.00 price objective for the company. Wall Street Zen lowered shares of Agree Realty from a “hold” rating to a “sell” rating in a report on Saturday, August 1st. Finally, Robert W. Baird set a $83.00 target price on shares of Agree Realty in a research report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $83.44.

View Our Latest Stock Report on Agree Realty

Agree Realty Price Performance

The firm has a fifty day moving average of $75.37 and a two-hundred day moving average of $76.12. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.60. The company has a market capitalization of $8.48 billion, a PE ratio of 36.65, a PEG ratio of 2.24 and a beta of 0.46.

Agree Realty (NYSE:ADC – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.04). Agree Realty had a return on equity of 3.90% and a net margin of 28.84%.The company had revenue of $216.33 million during the quarter, compared to analysts’ expectations of $204.53 million. During the same period last year, the firm earned $1.06 earnings per share. Agree Realty’s revenue for the quarter was up 16.8% on a year-over-year basis. Agree Realty has set its FY 2026 guidance at 4.570-4.590 EPS. Research analysts anticipate that Agree Realty Corporation will post 4.45 EPS for the current fiscal year.

Agree Realty Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 30th will be issued a $0.267 dividend. The ex-dividend date is Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 4.7%. Agree Realty’s dividend payout ratio (DPR) is currently 172.04%.

Insider Buying and Selling at Agree Realty

In other news, CEO Joey Agree purchased 7,360 shares of the stock in a transaction that occurred on Wednesday, September 16th. The stock was bought at an average cost of $68.06 per share, for a total transaction of $500,921.60. Following the acquisition, the chief executive officer directly owned 682,465 shares of the company’s stock, valued at $46,448,567.90. This represents a 1.09% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director John Rakolta, Jr. purchased 20,000 shares of the stock in a transaction that occurred on Wednesday, September 16th. The shares were purchased at an average price of $68.78 per share, with a total value of $1,375,600.00. Following the completion of the acquisition, the director directly owned 654,602 shares in the company, valued at $45,023,525.56. The trade was a 3.15% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders purchased 47,496 shares of company stock worth $3,351,120. 1.80% of the stock is owned by insiders.

Hedge Funds Weigh In On Agree Realty

A number of hedge funds have recently modified their holdings of ADC. Clearstead Trust LLC grew its stake in shares of Agree Realty by 192.1% in the fourth quarter. Clearstead Trust LLC now owns 368 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 242 shares during the last quarter. Clearstead Advisors LLC raised its position in Agree Realty by 163.8% during the 4th quarter. Clearstead Advisors LLC now owns 459 shares of the real estate investment trust’s stock valued at $33,000 after purchasing an additional 285 shares during the last quarter. Creative Financial Designs Inc. ADV raised its position in Agree Realty by 71.1% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 462 shares of the real estate investment trust’s stock valued at $33,000 after purchasing an additional 192 shares during the last quarter. Transamerica Financial Advisors LLC purchased a new stake in Agree Realty in the 2nd quarter worth approximately $45,000. Finally, Northwestern Mutual Wealth Management Co. purchased a new stake in Agree Realty in the 2nd quarter worth approximately $45,000. Hedge funds and other institutional investors own 97.83% of the company’s stock.

Agree Realty Company Profile

(Get Free Report)

Agree Realty Corporation (NYSE: ADC) is a real estate investment trust that owns, develops, acquires and manages retail properties. The company primarily invests in freestanding, net-leased properties occupied by nationally recognized and regionally established retailers.

Under a net lease, tenants generally pay expenses such as property taxes, insurance and maintenance in addition to rent. Agree Realty’s portfolio is focused largely on essential retail locations, including stores serving everyday consumer needs.