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

Agree Realty (NYSE:ADC) issued an update on its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 4.570-4.590 for the period, compared to the consensus EPS estimate of 4.450. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on ADC shares. Barclays increased their target price on shares of Agree Realty from $84.00 to $85.00 and gave the company an “equal weight” rating in a report on Wednesday, July 22nd. Robert W. Baird set a $83.00 price target on shares of Agree Realty in a research note on Friday. Morgan Stanley set a $81.00 price objective on Agree Realty in a research note on Tuesday, April 21st. Weiss Ratings upgraded Agree Realty from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday. Finally, BMO Capital Markets cut Agree Realty from an “outperform” rating to a “market perform” rating and set a $86.00 target price for the company. in a report on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $83.94.

Agree Realty Trading Down 0.8%

NYSE:ADC traded down $0.59 during midday trading on Friday, reaching $77.82. 546,524 shares of the stock traded hands, compared to its average volume of 1,228,495. The stock has a market capitalization of $9.35 billion, a P/E ratio of 42.05, a PEG ratio of 2.67 and a beta of 0.47. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.83 and a current ratio of 0.83. The company has a fifty day moving average of $76.47 and a 200 day moving average of $76.46. Agree Realty has a 12 month low of $69.56 and a 12 month high of $82.08.

Agree Realty (NYSE:ADC) last released its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.04). The firm had revenue of $216.33 million during the quarter, compared to analysts’ expectations of $204.53 million. Agree Realty had a net margin of 29.25% and a return on equity of 3.95%. Agree Realty’s revenue was up 16.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.06 EPS. Agree Realty has set its FY 2026 guidance at 4.570-4.590 EPS. On average, research analysts predict that Agree Realty will post 4.45 EPS for the current year.

Agree Realty Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, July 31st will be paid a $0.267 dividend. The ex-dividend date of this dividend is Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 4.1%. Agree Realty’s dividend payout ratio (DPR) is presently 172.97%.

Insider Activity at Agree Realty

In other Agree Realty news, CEO Joey Agree purchased 13,295 shares of the stock in a transaction on Thursday, May 14th. The stock was acquired at an average price of $75.41 per share, with a total value of $1,002,575.95. Following the transaction, the chief executive officer directly owned 675,105 shares of the company’s stock, valued at approximately $50,909,668.05. This trade represents a 2.01% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Chairman Richard Agree acquired 5,000 shares of the company’s stock in a transaction on Thursday, June 4th. The stock was acquired at an average price of $71.41 per share, with a total value of $357,050.00. Following the acquisition, the chairman owned 90,512 shares in the company, valued at approximately $6,463,461.92. This trade represents a 5.85% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired a total of 19,045 shares of company stock worth $1,415,943 in the last 90 days. Company insiders own 1.80% of the company’s stock.

Trending Headlines about Agree Realty

Here are the key news stories impacting Agree Realty this week:

• Positive Sentiment: Second-quarter funds from operations (FFO) came in at $1.14 per share, ahead of the $1.13 consensus estimate and up from $1.06 a year earlier. Revenue rose 16.8% year over year to $216.33 million, exceeding estimates of $204.53 million. Agree Realty Surpasses Q2 FFO and Revenue Estimates
• Positive Sentiment: Agree Realty raised or reaffirmed stronger-than-expected fiscal 2026 EPS guidance of $4.57-$4.59, above the $4.45 analyst consensus. The outlook is a favorable signal for recurring earnings growth. Agree Realty Stock Rises After Q2 Earnings
• Positive Sentiment: The REIT invested a company-record approximately $502 million in 102 retail net-lease properties and commenced five development or Developer Funding Platform projects, supporting future portfolio expansion and rental income. Agree Realty Reports Second Quarter 2026 Results
• Neutral Sentiment: Management’s earnings call provided additional context on the quarter’s investment activity, development pipeline and 2026 outlook, but investors will focus on whether the record deployment can translate into sustained per-share growth. Agree Realty Q2 2026 Earnings Call Transcript
• Negative Sentiment: Reported quarterly EPS was $0.44, missing the $0.48 consensus estimate and declining from $1.06 in the prior-year quarter. Although GAAP EPS is less representative for REITs than FFO, the miss may weigh on investor sentiment.

Institutional Trading of Agree Realty

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ADC. Wiser Advisor Group LLC bought a new stake in shares of Agree Realty during the 3rd quarter valued at $32,000. Transamerica Financial Advisors LLC increased its stake in shares of Agree Realty by 214.4% in the 4th quarter. Transamerica Financial Advisors LLC now owns 547 shares of the real estate investment trust’s stock worth $40,000 after acquiring an additional 373 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of 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 acquiring an additional 356 shares in the last quarter. Advisory Services Network LLC purchased a new position in Agree Realty during the 3rd quarter valued at about $59,000. Finally, Danske Bank A S purchased a new position in Agree Realty during the 3rd quarter valued at about $64,000. Hedge funds and other institutional investors own 97.83% of the company’s stock.

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.