Recent Research Analysts’ Ratings Updates for Agree Realty (ADC)

A number of firms have modified their ratings and price targets on shares of Agree Realty (NYSE: ADC) recently:

• 10/27/2026 – Agree Realty had its price target lowered by KeyCorp from $82.00 to $76.00. They now have an “overweight” rating on the stock.
• 10/24/2026 – Agree Realty was upgraded by Wall Street Zen from “sell” to “hold”.
• 10/23/2026 – Agree Realty had its price target lowered by Citigroup from $82.50 to $72.00. They now have a “neutral” rating on the stock.
• 10/21/2026 – Agree Realty had its price target lowered by Stifel Nicolaus from $81.50 to $76.50. They now have a “buy” rating on the stock.
• 10/21/2026 – Agree Realty had its price target lowered by BNP Paribas Exane from $84.00 to $74.00. They now have a “neutral” rating on the stock.
• 10/21/2026 – Agree Realty had its price target lowered by Robert W. Baird from $77.00 to $76.00. They now have an “outperform” rating on the stock.
• 10/20/2026 – Agree Realty was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
• 10/20/2026 – Agree Realty had its price target lowered by Barclays from $85.00 to $76.00. They now have an “equal weight” rating on the stock.
• 10/19/2026 – Agree Realty had its price target lowered by Wells Fargo & Company from $83.00 to $79.00. They now have an “overweight” rating on the stock.
• 10/1/2026 – Agree Realty is now covered by Truist Financial. They set a “buy” rating and a $75.00 price target on the stock.
• 9/18/2026 – Agree Realty had its price target lowered by Stifel Nicolaus from $84.00 to $81.50. They now have a “buy” rating on the stock.
• 9/17/2026 – Agree Realty was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
• 9/17/2026 – Agree Realty had its price target lowered by Mizuho from $80.00 to $72.00. They now have a “neutral” rating on the stock.

Agree Realty Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, October 30th will be given a dividend of $0.2710 per share. The ex-dividend date is Friday, October 30th. This is an increase from Agree Realty’s previous monthly dividend of $0.2670. This represents a $3.25 dividend on an annualized basis and a yield of 4.8%. Agree Realty’s dividend payout ratio (DPR) is presently 167.53%.

Insiders Place Their Bets

In other Agree Realty news, CEO Joey Agree purchased 7,360 shares of Agree Realty stock in a transaction on Wednesday, September 16th. The shares were bought at an average price of $68.06 per share, with a total value of $500,921.60. Following the completion of the acquisition, the chief executive officer directly owned 682,465 shares of the company’s stock, valued at approximately $46,448,567.90. This trade represents a 1.09% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Craig Erlich purchased 1,000 shares of the stock in a transaction dated Monday, September 21st. The stock was acquired at an average price of $67.55 per share, for a total transaction of $67,550.00. Following the completion of the transaction, the insider directly owned 60,388 shares of the company’s stock, valued at approximately $4,079,209.40. The trade was a 1.68% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders acquired 48,496 shares of company stock worth $3,418,670. Insiders own 1.80% of the company’s stock.

Agree Realty Corporation is a real estate investment trust (REIT) that acquires, develops, and manages retail properties across the United States. The company primarily uses a net-lease structure, under which tenants generally are responsible for property-level operating expenses such as taxes, insurance, and maintenance.

Its portfolio is focused mainly on essential retail properties occupied by nationally recognized and regional tenants, including grocery stores, home improvement retailers, dollar stores, pharmacies, and other necessity-based businesses.