Agree Realty (NYSE:ADC) Releases FY 2026 Earnings Guidance

Agree Realty (NYSE:ADC) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 4.540-4.580 for the period, compared to the consensus EPS estimate of 2.930. The company issued revenue guidance of -.

Analyst Ratings Changes

Several brokerages have recently weighed in on ADC. KeyCorp increased their target price on shares of Agree Realty from $80.00 to $82.00 and gave the stock an “overweight” rating in a research note on Friday, October 24th. Weiss Ratings restated a “hold (c+)” rating on shares of Agree Realty in a research note on Wednesday, January 21st. Royal Bank Of Canada dropped their price objective on shares of Agree Realty from $80.00 to $79.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 6th. Wells Fargo & Company boosted their price target on shares of Agree Realty from $81.00 to $83.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 25th. Finally, Barclays lifted their price objective on Agree Realty from $77.00 to $78.00 and gave the company an “equal weight” rating in a report on Wednesday, December 3rd. Eight analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $80.23.

Agree Realty Stock Up 1.5%

Agree Realty stock traded up $1.16 during midday trading on Tuesday, hitting $76.46. 1,297,323 shares of the company were exchanged, compared to its average volume of 1,373,490. The company has a market cap of $8.79 billion, a PE ratio of 44.71, a price-to-earnings-growth ratio of 2.65 and a beta of 0.54. Agree Realty has a fifty-two week low of $68.98 and a fifty-two week high of $79.65. The company’s fifty day moving average price is $72.39 and its 200-day moving average price is $72.75. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.68 and a quick ratio of 0.68.

Agree Realty (NYSE:ADC) last posted its quarterly earnings data on Tuesday, February 10th. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.10 by ($0.63). The firm had revenue of $190.49 million for the quarter, compared to analysts’ expectations of $189.86 million. Agree Realty had a net margin of 28.11% and a return on equity of 3.52%. Agree Realty has set its FY 2026 guidance at 4.540-4.580 EPS. On average, research analysts predict that Agree Realty will post 4.27 EPS for the current fiscal year.

Agree Realty Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 27th will be given a $0.262 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 4.1%. Agree Realty’s payout ratio is presently 183.63%.

Insider Transactions at Agree Realty

In other Agree Realty news, CFO Peter Coughenour bought 500 shares of the company’s stock in a transaction on Friday, January 9th. The shares were bought at an average cost of $69.80 per share, with a total value of $34,900.00. Following the completion of the acquisition, the chief financial officer owned 18,544 shares of the company’s stock, valued at approximately $1,294,371.20. This trade represents a 2.77% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John Rakolta, Jr. purchased 15,000 shares of the firm’s stock in a transaction dated Wednesday, December 24th. The stock was acquired at an average cost of $72.18 per share, with a total value of $1,082,700.00. Following the completion of the acquisition, the director directly owned 562,606 shares in the company, valued at approximately $40,608,901.08. This trade represents a 2.74% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders bought 39,500 shares of company stock worth $2,813,680. 1.80% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of ADC. Wiser Advisor Group LLC bought a new stake in shares of Agree Realty during the 3rd quarter worth $32,000. Northwestern Mutual Wealth Management Co. increased its stake in Agree Realty by 158.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 580 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 356 shares in the last quarter. Advisory Services Network LLC acquired a new stake in Agree Realty during the 3rd quarter worth about $59,000. Danske Bank A S purchased a new stake in Agree Realty during the third quarter valued at about $64,000. Finally, Johnson Financial Group Inc. purchased a new stake in Agree Realty during the third quarter valued at about $72,000. 97.83% of the stock is owned by institutional investors and hedge funds.

Agree Realty Company Profile

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.