Short Interest in Agree Realty Corporation (NYSE:ADC) Declines By 56.1%

Posted by George Bondi on Sep 14th, 2026

Agree Realty Corporation (NYSE:ADC – Get Free Report) was the recipient of a large drop in short interest in August. As of August 31st, there was short interest totaling 6,204,593 shares, a drop of 56.1% from the August 15th total of 14,129,405 shares. Based on an average daily trading volume, of 1,701,504 shares, the short-interest ratio is currently 3.6 days. Currently, 5.1% of the shares of the stock are sold short.

Agree Realty Price Performance

NYSE ADC traded down $0.72 during trading hours on Monday, hitting $70.51. 334,320 shares of the company’s stock traded hands, compared to its average volume of 1,272,000. Agree Realty has a 52-week low of $69.56 and a 52-week high of $82.08. The company has a market capitalization of $8.77 billion, a PE ratio of 37.92, a PEG ratio of 2.33 and a beta of 0.46. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.82 and a quick ratio of 0.82. The firm’s 50-day moving average is $76.05 and its 200-day moving average is $76.41.

Agree Realty (NYSE:ADC – Get Free Report) last released its earnings results on Thursday, July 30th. The real estate investment trust reported $0.44 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.04). The business had revenue of $216.33 million during 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%.The company’s revenue for the quarter was up 16.8% compared to the same quarter last year. During the same period last year, the business earned $1.06 earnings per share. Agree Realty has set its FY 2026 guidance at 4.570-4.590 EPS. Equities analysts forecast that Agree Realty will post 4.45 EPS for the current fiscal year.

Agree Realty Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, October 14th. Investors of record on Wednesday, September 30th will be given a dividend of $0.267 per share. The ex-dividend date is Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 4.5%. Agree Realty’s dividend payout ratio (DPR) is presently 172.04%.

Insider Transactions at Agree Realty

In related news, Director John Rakolta, Jr. purchased 20,000 shares of the company’s stock in a transaction that occurred on Thursday, August 27th. The shares were purchased at an average price of $73.23 per share, with a total value of $1,464,600.00. Following the purchase, the director owned 622,061 shares of the company’s stock, valued at $45,553,527.03. The trade was a 3.32% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.80% of the company’s stock.

Institutional Trading of Agree Realty

Several large investors have recently added to or reduced their stakes in the stock. Clearstead Trust LLC increased its stake in shares of Agree Realty by 192.1% in the 4th quarter. Clearstead Trust LLC now owns 368 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 242 shares during the last quarter. Wiser Advisor Group LLC purchased a new stake in shares of Agree Realty in the third quarter valued at about $32,000. Creative Financial Designs Inc. ADV increased its position in Agree Realty by 71.1% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 462 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 192 shares during the last quarter. Clearstead Advisors LLC raised its stake in Agree Realty by 163.8% during the fourth quarter. Clearstead Advisors LLC now owns 459 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 285 shares during the period. Finally, Transamerica Financial Advisors LLC boosted its holdings in Agree Realty by 214.4% in the 4th quarter. Transamerica Financial Advisors LLC now owns 547 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 373 shares during the last quarter. 97.83% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have issued reports on ADC. Jefferies Financial Group started coverage on shares of Agree Realty in a report on Monday, June 1st. They set a “buy” rating and a $84.00 price objective on the stock. Barclays upped their price target on shares of Agree Realty from $84.00 to $85.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 22nd. Weiss Ratings upgraded Agree Realty from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, August 25th. Wall Street Zen lowered Agree Realty from a “hold” rating to a “sell” rating in a research note on Saturday, August 1st. Finally, Huntington started coverage on Agree Realty in a report on Wednesday, July 15th. They set an “outperform” rating and a $84.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Agree Realty currently has an average rating of “Moderate Buy” and an average price target of $83.94.

Read Our Latest Analysis on Agree Realty

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.