Agree Realty Corp (NYSE:ADC) Has Seen A Rose Of 24.12% This Year, Is It Still A Better Option Than Others?

In last trading session, Agree Realty Corp (NYSE:ADC) saw 0.86 million shares changing hands with its beta currently measuring 0.56. Company’s recent per share price level of $74.92 trading at $1.0 or 1.35% at ring of the bell on the day assigns it a market valuation of $8.24B. That closing price of ADC’s stock is at a discount of -6.31% from its 52-week high price of $79.65 and is indicating a premium of 21.89% from its 52-week low price of $58.52. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.33 million shares which gives us an average trading volume of 1.44 million if we extend that period to 3-months.

For Agree Realty Corp (ADC), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.62. Splitting up the data highlights that, out of 8 analysts covering the stock, 0 rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.46 in the current quarter.

Agree Realty Corp (NYSE:ADC) trade information

Upright in the green during last session for gaining 1.35%, in the last five days ADC remained trading in the red while hitting it’s week-highest on Monday, 05/12/25 when the stock touched $74.92 price level, adding 0.11% to its value on the day. Agree Realty Corp’s shares saw a change of 6.34% in year-to-date performance and have moved -0.33% in past 5-day. Agree Realty Corp (NYSE:ADC) showed a performance of -3.90% in past 30-days. Number of shares sold short was 11.85 million shares which calculate 7.04 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 80.75 to the stock, which implies a rise of 7.22% to its current value. Analysts have been projecting 79 as a low price target for the stock while placing it at a high target of 82.5. It follows that stock’s current price would drop -5.45% in reaching the projected high whereas dropping to the targeted low would mean a loss of -5.45% for stock’s current value.

Agree Realty Corp (ADC) estimates and forecasts

This year revenue growth is estimated to rise 14.84% from the last financial year’s standing.

10 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 173.89M for the same. And 10 analysts are in estimates of company making revenue of 179.58M in the next quarter. Company posted 152.57M and 154.33M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -1.65% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 0.28% while estimates for its earnings growth in next 5 years are of 5.12%.

ADC Dividends

Agree Realty Corp is more likely to be releasing its next quarterly report on 2025-Apr-21 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 4.04%, the share has a forward dividend of 3.02 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 4.13%.

Agree Realty Corp (NYSE:ADC)’s Major holders

Insiders are in possession of 1.77% of company’s total shares while institution are holding 112.96 percent of that, with stock having share float percentage of 114.99%. Investors also watch the number of corporate investors in a company very closely, which is 112.96% institutions for Agree Realty Corp that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at ADC for having 14.44 million shares of worth $894.55 million. And as of 2024-06-30, it was holding 14.3919 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 13.32 million shares on 2024-06-30. The number of shares represents firm’s hold over 13.2703 of outstanding shares, having a total worth of $824.84 million.

On the other hand, VANGUARD SPECIALIZED FUNDS-Vanguard Real Estate Index Fund and iShares Trust-iShares Core S&P Mid-Cap ETF are the top two Mutual Funds which own company’s shares. As of Jan 31, 2025 , the former fund manager was holding 3.88 shares of worth $290.92 million or 3.53% of the total outstanding shares. The later fund manager was in possession of 3.5 shares on Mar 31, 2025 , making its stake of worth around $261.92 million in the company or a holder of 3.18% of company’s stock.