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ADC

Agree Realty Corporation

ADC

NYSE·Real Estate·REIT - Retail·Mkt cap $8.7B

$72.62

-0.15%

P/E

39.04

Mkt Cap

$8.7B

52-Wk Range

$69.56–$82.08

52-Week Range

$69.56 - $82.08

P/E

39.04

Fwd P/E

38.16

Beta

0.46

Div Yield

4.36%

Avg Vol

1.3M

Shares Out

120.1M

Mkt Cap

$8.7B

Price action

Price chart

Up 0.0% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Diversified portfolio of 1,000+ properties reducing tenant concentration risk
  • Long-term net lease agreements providing stable, predictable cash flows
  • Strong tenant relationships with industry-leading retail brands
  • Geographic diversification across 45 states providing regional resilience

Bear Case

2 risks

  • Low volatility (beta 0.5).
  • Premium valuation to Retail REITs peers

Growth

Stable outlook

Strategic acquisitions of net-leased retail properties in high-growth markets

Value

Premium valuation to Retail REITs peers

Momentum

Stable

-0.8% over 3m

Quality

Excellent

Strong fundamentals

Dividend

Solid

4.36% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Oct 20, 2026

Q3 26 RECAP

JUL 30, 2026

Reported EPS of $0.44 vs $0.48 consensus (-7.6% surprise). Revenue of $205.1M vs $204.5M expected (+0.3%).

EPS miss
Rev beat +0.3%

EPS surprise · last 4Q

0 of 1 beats

Estimate

Actual

Q3 26

-7.6%

Revenue trend · last 8Q

+15%

+19%

+19%

+19%

+17%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$154.3M

$160.7M

$169.2M

$175.5M

$183.2M

$190.5M

$200.8M

$205.1M

Margins · last 8Q

Gross

92.6%

Operating

46.5%

Profit

25.7%

Wall Street consensus

9 analysts · 56% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

5

56%

Hold

4

44%

Sell

0%

Median Price Target

Latest: Jefferies · $84.00 · Jun 1, 2026

vs Industry

How ADC stacks vs REIT - Retail

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.