Inside the research

Agree Realty Corporation

ADC Research profile · latest available data

Price overview

$67.48

▲ +0.30 (+0.4%)

52w hi$80.55
52w lo$67.12
Vol1.40M
As of25 Sep 2026

The Verdict

Sell

Our score -0.60

Short-0.48
Medium-0.71
Long-0.61

computed 2026-09-27

Key fundamentals

Agree Realty Corporation

Real Estate · REIT - Retail

Market cap$8.42B
Enterprise value$12.37B
Trailing P/E36.28x
Forward P/E34.91x
EV / EBITDA18.30x
P / S (ttm)10.80x
Profit margin28.8%
Return on equity3.7%
Revenue growth+16.8%
Earnings growth+2.1%
Debt / equity58.98

Layer Breakdown

LayerRawContribution
Fundamental+0.09
Sector-0.04
Technical-0.44
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-09-27

Business overview

Agree Realty Corporation is a publicly traded real estate investment trust. The Firm is Rethinking Retail through the acquisition and development of properties net leased to industry-leading, omni-channel retail tenants. As of June 30, 2026, the Company owned and operated a portfolio of 2,825 properties, located in all 50 states and containing approximately 59.6 million square feet of gross leasable area. Agree Realty Corporation was incorporated in 1971 and is based in Royal Oak, United States.

United States · www.agreerealty.com

Risk Metrics

Beta vs SPX0.03
Corr SPX0.02
Annual vol17.1%
Annual ret-3.5%
Sharpe-0.20
Max DD-18.1%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$85.44
High / Low$92.00 / $81.00
Median$84.75
Analysts18
Strong Buy1
Buy11
Hold8
Sell0
Strong Sell0

Recent rating actions

2026-04-24Citigroup→ Neutral
2026-04-23RBC Capital→ Outperform
2026-04-22Baird→ Outperform
2026-04-21Barclays→ Equal-Weight
2026-04-17BMO Capital→ Market Perform
2026-03-23Truist Securities→ Buy

Material Events

DateEvent8-K
2026-07-30Earnings Release, Exhibitsread
2026-07-02Other Material Eventread
2026-05-14Shareholder Vote, Exhibitsread
2026-04-24Other Material Event, Exhibitsread
2026-04-21Earnings Release, Exhibitsread
2026-04-02Other Material Eventread
2026-02-26Reg FD Disclosure, Exhibitsread
2026-02-10Earnings Release, Exhibitsread
2026-01-05Reg FD Disclosure, Other Material Event…read
2025-11-18Material Agreement, Material Obligation…read
2025-10-21Earnings Release, Exhibitsread
2025-10-02Other Material Eventread

Insider Trades

DateInsiderRoleActionSharesValue
2026-06-04AGREE RICHARDEXECUTIVE CHAIRMAN OF BOABuy5.00K$357.05K
2026-05-15RAKOLTA JOHN JRBuy20.00K$1.49M
2026-05-14Frankel Merrie S.Grant432—
2026-05-14Dearing KarenGrant2.16K—
2026-05-14He LinglongGrant2.16K—
2026-05-14He LinglongGrant1.33K$99.97K
2026-05-14Hollman MichaelGrant2.16K—
2026-05-14Judlowe MichaelGrant2.16K—
2026-05-14Judlowe MichaelGrant1.33K$99.97K
2026-05-14RAKOLTA JOHN JRGrant2.16K—

Flow & Concentration

Insider 180d net$1.90M
Insider buys / sells3 / 0
Insider biasNeutral
13F holders0
Top-5 share0.0%
HHI0 (—)

Dividends

Yield (TTM)3.10%
$ / share (TTM)$2.10
5y CAGR+5.1%

Annual dividend per share

2021$2.60
2022$2.81
2023$2.92
2024$3.00
2025$3.08
2026$1.05

SEC Filings

DateFormDoc
2026-07-3010-Qview
2026-07-308-Kview
2026-07-028-Kview
2026-06-084view
2026-05-194view
2026-05-184view
2026-05-184view
2026-05-184view
2026-05-184view
2026-05-184view
2026-05-184view
2026-05-184view
2026-05-184view
2026-05-184view
2026-05-148-Kview

The Long Run

FY 2011–2025 · 15 years

LineLatestCAGRTrend
Revenue$617.10M+22.4%
Operating income$254.39M+24.5%
Net income$189.20M+18.8%
Cash from ops$391.60M+29.1%

Indices

S&P MidCap 400

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$67.07$67.52$66.68$67.481.40M
Sep 24$67.52$67.66$66.85$67.181.71M
Sep 23$67.01$67.54$66.50$67.122.07M
Sep 22$67.66$67.81$67.15$67.321.30M
Sep 21$68.05$68.44$67.49$67.621.42M

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