Agree Realty Corporation (NYSE:ADC) Given Average Recommendation of “Moderate Buy” by Brokerages

Posted by Brian Himes on Aug 7th, 2026

Shares of Agree Realty Corporation (NYSE:ADC – Get Free Report) have been given an average rating of “Moderate Buy” by the sixteen ratings firms that are currently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $83.9375.

Several equities analysts recently issued reports on ADC shares. Robert W. Baird set a $83.00 price objective on Agree Realty in a report on Friday, July 31st. Weiss Ratings raised Agree Realty from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, July 28th. Jefferies Financial Group assumed coverage on Agree Realty in a research report on Monday, June 1st. They issued a “buy” rating and a $84.00 price target for the company. BMO Capital Markets downgraded Agree Realty from an “outperform” rating to a “market perform” rating and set a $86.00 price target for the company. in a research note on Friday, April 17th. Finally, Citigroup boosted their price objective on shares of Agree Realty from $77.00 to $82.50 and gave the stock a “neutral” rating in a research report on Friday, April 24th.

Check Out Our Latest Stock Analysis on Agree Realty

Agree Realty Trading Up 0.4%

Shares of Agree Realty stock opened at $76.37 on Friday. Agree Realty has a 12-month low of $69.56 and a 12-month high of $82.08. 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 stock has a market cap of $9.50 billion, a PE ratio of 41.06, a price-to-earnings-growth ratio of 2.49 and a beta of 0.47. The company has a 50-day moving average of $76.63 and a two-hundred day moving average of $76.63.

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 the consensus estimate of $0.48 by ($0.04). The firm had revenue of $216.33 million for the quarter, compared to analysts’ expectations of $204.53 million. Agree Realty had a return on equity of 3.90% and a net margin of 28.84%.Agree Realty’s revenue was up 16.8% compared to the same quarter last year. During the same period last year, the firm earned $1.06 EPS. Agree Realty has set its FY 2026 guidance at 4.570-4.590 EPS. On average, research analysts anticipate that Agree Realty will post 4.45 EPS for the current fiscal year.

Agree Realty Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, August 14th. Shareholders of record on Friday, July 31st will be given a dividend of $0.267 per share. The ex-dividend date is Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 4.2%. Agree Realty’s payout ratio is presently 172.04%.

Insider Buying and Selling at Agree Realty

In other Agree Realty news, CEO Joey Agree acquired 13,295 shares of the company’s stock in a transaction dated Thursday, May 14th. The stock was acquired at an average cost of $75.41 per share, with a total value of $1,002,575.95. Following the purchase, the chief executive officer directly owned 675,105 shares in the company, valued at approximately $50,909,668.05. This trade represents a 2.01% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, Chairman Richard Agree acquired 5,000 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The shares were bought at an average price of $71.41 per share, with a total value of $357,050.00. Following the completion of the transaction, the chairman directly owned 90,512 shares in the company, valued at approximately $6,463,461.92. The trade was a 5.85% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have acquired 19,045 shares of company stock valued at $1,415,943 over the last quarter. Corporate insiders own 1.80% of the company’s stock.

Institutional Investors Weigh In On Agree Realty

A number of large investors have recently bought and sold shares of ADC. Clearstead Trust LLC increased its position in Agree Realty by 192.1% during the fourth quarter. Clearstead Trust LLC now owns 368 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 242 shares in the last quarter. Wiser Advisor Group LLC acquired a new position in shares of Agree Realty in the third quarter worth $32,000. Clearstead Advisors LLC lifted its position in shares of Agree Realty by 163.8% in the fourth quarter. Clearstead Advisors LLC now owns 459 shares of the real estate investment trust’s stock valued at $33,000 after acquiring an additional 285 shares in the last quarter. Creative Financial Designs Inc. ADV lifted its position in shares of Agree Realty by 71.1% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 462 shares of the real estate investment trust’s stock valued at $33,000 after acquiring an additional 192 shares in the last quarter. Finally, Transamerica Financial Advisors LLC boosted its stake in shares of Agree Realty by 214.4% during 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 last quarter. Institutional investors and hedge funds own 97.83% of the company’s stock.

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.