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Agree Realty Corporation

Data quality: 100%
ADC
NYSE Real Estate REIT - Retail
$74.22
▼ $1.02 (-1.36%)
Mkt Cap: 8.91B
Day Range
$74.02 $75.46
52-Week Range
$68.98 $82.08
Volume
1,364,073
50D / 200D Avg
$76.29 / $73.74
Prev Close
$75.24

Quick Summary

Price History

Financial Trends

Peer Comparison

vs Real Estate sector median (361 peers)

Metric Stock Sector Median
P/E 43.6 11.2
P/B 1.4 0.9
ROE % 3.5 6.1
Net Margin % 28.5 19.9
Rev Growth 5Y % 20.6 7.0
D/E 0.5 0.9

Analyst Price Target

Hold
$81.06 +9.2%
Low: $75.00 High: $84.50
Forward P/E
37.76
Forward EPS
$1.97
EPS Growth (est.)
+0.0%
Est. Revenue
816.39M

Earnings Estimates

Period EPS Est. Revenue Est. Analysts
FY2030 $2.26
$2.03 – $2.38
1.14B 1
FY2029 $2.20
$1.97 – $2.31
1.11B 1
FY2028 $2.22
$1.91 – $2.37
983.74M 3

Earnings Surprises

Last 8 quarters
Quarter Est. EPS Actual EPS Surprise
2026-02-10 $0.47 $1.11 +136.0%
2025-10-21 $1.08 $1.10 +1.9%
2025-07-31 $1.06 $1.06 0.0%
2025-04-22 $1.05 $1.06 +1.0%
2025-02-11 $0.43 $1.04 +141.9%
2024-10-22 $1.03 $1.03 0.0%
2024-07-23 $1.03 $1.04 +1.0%
2024-04-23 $1.01 $1.03 +2.0%

Dividend History

7 yr streak

Yield

0.04%

Payout Ratio

1.70%

Growth (3Y)

3.18%

Growth (5Y)

5.08%

Ex-Date Payment Date Amount Yield
Mar 31, 2026 Apr 15, 2026 $0.26 4.19%
Feb 27, 2026 Mar 13, 2026 $0.26 3.85%
Jan 30, 2026 Feb 13, 2026 $0.26 4.28%
Dec 31, 2025 Jan 15, 2026 $0.26 4.28%
Nov 28, 2025 Dec 12, 2025 $0.26 4.08%
Oct 31, 2025 Nov 14, 2025 $0.26 4.20%
Sep 30, 2025 Oct 14, 2025 $0.26 4.30%
Aug 29, 2025 Sep 15, 2025 $0.26 4.19%
Jul 31, 2025 Aug 14, 2025 $0.26 4.24%
Jun 30, 2025 Jul 15, 2025 $0.26 4.16%
May 30, 2025 Jun 13, 2025 $0.26 4.02%
Apr 30, 2025 May 14, 2025 $0.26 3.90%
Mar 31, 2025 Apr 14, 2025 $0.25 3.91%
Feb 28, 2025 Mar 14, 2025 $0.25 4.08%
Jan 31, 2025 Feb 14, 2025 $0.25 4.14%
Dec 31, 2024 Jan 15, 2025 $0.25 4.26%
Nov 29, 2024 Dec 13, 2024 $0.25 3.90%
Oct 31, 2024 Nov 14, 2024 $0.25 4.02%
Sep 30, 2024 Oct 15, 2024 $0.25 3.96%
Aug 30, 2024 Sep 16, 2024 $0.25 4.07%

Key Takeaways

Revenue grew 20.63% annually over 5 years — strong growth
ROE of 3.47% is below average
Net margin of 28.45% shows strong profitability
Generating 504.14M in free cash flow
P/E of 43.59 — premium valuation
Revenue growth is decelerating — 1Y growth trails 5Y average by 4.21%

Growth

Revenue Growth (5Y)
20.63%
Revenue (1Y)16.42%
Earnings (1Y)8.01%
FCF Growth (3Y)13.46%

Quality

Return on Equity
3.47%
ROIC2.65%
Net Margin28.45%
Op. Margin47.38%

Safety

Debt / Equity
0.53
Current Ratio0.83
Interest Coverage2.53

Valuation

P/E Ratio
43.59
Forward P/E38.52
P/B Ratio1.42
EV/EBITDA35.98
Dividend Yield0.04%

All Fundamental Metrics

Growth
Revenue Growth (1Y) 16.42% Revenue Growth (3Y) 15.61%
Earnings Growth (1Y) 8.01% Earnings Growth (3Y) 9.65%
Revenue Growth (5Y) 20.63% Earnings Growth (5Y) 13.70%
Profitability
Revenue (TTM) 718.40M Net Income (TTM) 204.35M
ROE 3.47% ROA 2.09%
Gross Margin 87.73% Operating Margin 47.38%
Net Margin 28.45% Free Cash Flow (TTM) 504.14M
ROIC 2.65% FCF Growth (3Y) 13.46%
Safety
Debt / Equity 0.53 Current Ratio 0.83
Interest Coverage 2.53
Dividends
Dividend Yield 0.04% Payout Ratio 1.70%
Dividend Growth (3Y) 3.18% Dividend Growth (5Y) 5.08%
Consecutive Div Years 7 yrs
Valuation
P/E Ratio 43.59 Forward P/E 38.52
P/B Ratio 1.42 P/S Ratio 12.40
PEG Ratio -34.93 Forward PEG N/A
EV/EBITDA 35.98 Fwd EV/EBITDA 17.15
Forward P/S 10.91 Fwd Earnings Yield 2.60%
FCF Yield 5.66%
Market Cap 8.91B Enterprise Value 12.25B

Income Statement

Annual, most recent first

Income statement data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Revenue 718.40M 617.10M 537.50M 429.81M 339.32M
Net Income 204.35M 189.20M 169.96M 152.44M 122.27M
EPS (Diluted) 1.77 1.78 1.70 1.83 1.78
Gross Profit 630.25M 542.25M 470.78M 377.53M 298.26M
Operating Income 340.40M 302.24M 254.39M 218.09M 190.27M

Balance Sheet

Annual, most recent first

Balance sheet data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Total Assets 9.80B 8.49B 7.77B 6.71B 5.23B
Total Liabilities 3.53B 2.98B 2.57B 2.08B 1.81B
Shareholders' Equity 6.27B 5.51B 5.20B 4.63B 3.42B
Total Debt 3.35B 2.83B 2.45B 1.98B 1.88B
Cash & Equivalents 16.30M 6.40M 10.91M 27.76M 43.25M
Current Assets 143.10M 112.82M 101.12M 94.75M 104.37M
Current Liabilities 171.54M 144.12M 126.94M 106.07M 86.89M

Strategy Scores

This stock passed the criteria for 1 strategy

Score = fit strength (0–100)
Rank = position among all matches
#493 of 1052
46

Recent Activity

Entered Cash Flow Compounder
Mar 24, 2026