Agree Realty (NYSE:ADC) Hits New 52-Week Low – Time to Sell?

Posted by Brenda Bartman on Sep 24th, 2026

Agree Realty Corporation (NYSE:ADC – Get Free Report) shares reached a new 52-week low on Tuesday . The stock traded as low as $67.49 and last traded at $67.58, with a volume of 1336403 shares traded. The stock had previously closed at $68.05.

More Agree Realty News

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

Positive Sentiment: Director Craig Erlich purchased 1,000 ADC shares for approximately $67,550, increasing his ownership by 1.68%. The insider purchase may signal confidence that the stock is undervalued after its recent weakness. SEC insider filing
Positive Sentiment: Agree Realty continues to be highlighted as a monthly-income and dividend stock, reflecting investor interest in its net-lease retail portfolio and recurring rental cash flows. 5 Safe Monthly Pay Dividend Stocks
Neutral Sentiment: Agree Limited Partnership completed a $400 million senior-notes offering. The proceeds may support refinancing, acquisitions, or general corporate purposes, but the additional borrowing also increases interest expense and leverage exposure. Agree Realty announces senior notes offering
Neutral Sentiment: Analyst commentary describes ADC as a high-quality REIT with a balanced business model but limited appeal to investors seeking fixed-income-like returns, indicating that valuation and interest-rate sensitivity remain important considerations. Agree Realty: Perfect Balance, Limited Appeal of Fixed Income
Negative Sentiment: A broader bearish view argues that REITs are no longer reliable “set-and-forget” income investments because of valuation pressures, market dynamics, and potential interest-rate risks. This sector-wide caution may be contributing to pressure on ADC. REITs Were Sold As Set-and-Forget Income
Negative Sentiment: ADC recently reached a new 1-year low, reinforcing concerns about market momentum and investor demand despite the company’s defensive net-lease profile. Agree Realty Sets New 1-Year Low

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on ADC. Robert W. Baird set a $83.00 price objective on Agree Realty in a report on Friday, July 31st. Barclays increased their target price on Agree Realty from $84.00 to $85.00 and gave the company an “equal weight” rating in a report on Wednesday, July 22nd. Mizuho lowered their price target on Agree Realty from $80.00 to $72.00 and set a “neutral” rating on the stock in a research note on Thursday, September 17th. Wall Street Zen cut Agree Realty from a “hold” rating to a “sell” rating in a research report on Saturday, August 1st. Finally, Stifel Nicolaus reduced their price objective on Agree Realty from $84.00 to $81.50 and set a “buy” rating for the company in a research note on Friday, September 18th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $83.25.

Read Our Latest Analysis on Agree Realty

Agree Realty Stock Performance

The company has a market cap of $8.35 billion, a PE ratio of 36.08, a PEG ratio of 2.20 and a beta of 0.46. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.82 and a current ratio of 0.82. The firm’s 50 day moving average is $74.53 and its 200-day moving average is $75.72.

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

Agree Realty Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 30th will be issued a $0.267 dividend. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date is Wednesday, September 30th. Agree Realty’s dividend payout ratio is presently 172.04%.

Insider Buying and Selling at Agree Realty

In other news, Director John Rakolta, Jr. purchased 20,000 shares of the stock in a transaction dated 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 transaction, the director owned 654,602 shares in the company, valued at $45,023,525.56. The trade was a 3.15% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Joey Agree acquired 7,360 shares of the company’s stock in a transaction that occurred on Wednesday, September 16th. The stock was purchased at an average cost of $68.06 per share, with a total value 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 trade represents a 1.09% increase in their position. The SEC filing for this purchase provides additional information. Insiders purchased a total of 48,496 shares of company stock worth $3,418,670 in the last three months. 1.80% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Agree Realty

A number of institutional investors have recently bought and sold shares of ADC. Clearstead Advisors LLC increased its holdings in shares of Agree Realty by 163.8% during the 4th quarter. Clearstead Advisors LLC now owns 459 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 285 shares during the last quarter. Clearstead Trust LLC acquired a new stake in Agree Realty during the second quarter worth $33,000. Gables Capital Management Inc. purchased a new stake in Agree Realty in the second quarter valued at $45,000. Transamerica Financial Advisors LLC purchased a new stake in Agree Realty in the 2nd quarter valued at about $45,000. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in Agree Realty during the second quarter worth about $45,000. 97.83% of the stock is owned by hedge funds and other institutional investors.

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.