Companies /Real Estate

Agree Realty Corp

NYSE: ADC Reit - Retail
$65.45
▼ $0.34 (−0.51%) today
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ADC at a Glance

Valuation
Market cap
$8.2B
P/E ratio
35.2
Dividend yield
4.79%
Profitability
Revenue (TTM)
$779.6M
Profit margin
28.8%
EPS (TTM)
$1.87
Price
52-week range
$65 – $81
Street target
$82.89
Earnings
Next report
Oct 20, 2026
Q2 2026 EPS
$0.44
vs. $0.47 est.
−7.0%

Headquartered in Royal Oak, MI Fiscal year ends December NYSE: ADC agreerealty.com

About Agree Realty

Agree Realty Corporation (NYSE: ADC) is a real estate investment trust focused on the acquisition and development of properties net leased to industry-leading, omni-channel retail tenants across the United States. As of June 30, 2026, the company owned and operated 2,825 properties in all 50 states and the District of Columbia, comprising approximately 59.6 million square feet of gross leasable area. The portfolio generates approximately 65.8% of annualized base rents from investment grade retail tenants and maintains 99.8% occupancy. The company employs three external growth platforms — acquisitions, development, and a Developer Funding Platform — targeting retailers in e-commerce resistant sectors such as grocery, home improvement, convenience stores, auto parts, and dollar stores. Top tenants include Walmart, Tractor Supply, Dollar General, Hobby Lobby, O'Reilly Auto Parts, TJX Companies, CVS, Best Buy, and Kroger. The company holds investment grade issuer ratings of A- from Fitch, Baa1 from Moody's, and BBB+ from S&P. Agree Realty has invested nearly $12 billion in retail net lease properties since 2010 and has paid 172 consecutive common dividends. Updated

ADC Coverage

Frequently Asked Questions

What does Agree Realty do?

Agree Realty Corporation (NYSE: ADC) is a real estate investment trust focused on the acquisition and development of properties net leased to industry-leading, omni-channel retail tenants across the United States.

What is the ADC stock price target?

The Wall Street consensus 12-month price target for ADC is $82.89.