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StockVS

NYSE · REIT - Retail · USD

Agree Realty Corporation (ADC) Stock Analysis

Agree Realty Corporation (ADC) is a REIT - Retail stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

ADC

$64.49

−$2.59 (−3.86%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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ADC Key Statistics

As of Oct 21, 2026
Trading
Open
$67.20
Previous Close
$67.08
Day's Range
64.35–67.20
52-Week Range
64.35–82.08
Volume
2.35M
Valuation
Market Cap
$8.04B
P/E Ratio
34.67
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
33.98
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
0.13
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
9.93
EPS (ttm)Profit attributable to each share over the last twelve months.
1.86
Financials (FY)
Revenue (FY)
$718.40M+16.42%
Net Income (FY)
$204.35M+8.01%
Profit marginThe share of revenue left as profit after all costs and taxes.
29.75%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
124.38M
1-Year Return
−10.94%
Dividend and dates
Dividend
$3.25+4.85%
Ex-Dividend Date
October 30, 2026
Avg Volume
1.57M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, ADC closed at $64.49, −10.94% over 1 year.

Agree Realty Corporation (ADC) has a market capitalization of $8.04B.

In fiscal 2025, ADC reported revenue of $718.40M.

ADC Stock Return by Calendar Year

Agree Realty Corporation (ADC) 10-year return: what $10,000 became

1 year
$10,000 $8,906
−10.94%
5 years
$10,000 $11,289
+12.89%
10 years
$10,000 $20,089
+100.89%

If you had invested $10,000 in Agree Realty Corporation (ADC) 10 years ago, at the close on October 21, 2016, it would have been worth $20,089 at the close on October 21, 2026: +100.89% in total, +7.22% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−8.25%
2025+6.62%
2024+17.20%
2023−7.07%
2022+3.50%
2021+11.28%
2020−1.40%
2019+22.71%
2018+19.75%
2017+16.42%
2016 (partial year)−3.23%

As of October 21, 2026.

ADC Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$718.40M$204.35M28.4%
2024$617.10M$189.20M30.7%
2023$537.50M$169.96M31.6%
2022$429.81M$152.44M35.5%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$718.40M$630.25M$346.88M$204.35M28.4%
2024$617.10M$542.25M$298.03M$189.20M30.7%
2023$537.50M$470.78M$259.71M$169.96M31.6%
2022$429.81M$377.53M$213.84M$152.44M35.5%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

ADC Dividend History

$3.08+2.7% vs 2024

Dividends per share, 2025 · 12 payments

YearDividends per sharePaymentsChange
2026*$2.128—
2025$3.0812+2.7%
2024$3.0012+2.8%
2023$2.9212+4.1%
YearDividends per sharePaymentsChange
2026 (partial year)$2.128—
2025$3.0812+2.7%
2024$3.0012+2.8%
2023$2.9212+4.1%
2022$2.8112+7.7%
2021$2.6012+8.3%
2020$2.414+5.5%
2019$2.284+5.8%
2018$2.164+6.4%
2017$2.034+309.1%
2016$0.501—

Most recent payment: $0.27 per share, ex-dividend August 31, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

ADC Valuation vs REIT - Retail Median

Median of 26 stocks
MetricADCREIT - Retail medianvs median
P/E34.6725.5336% above
P/S ratio9.936.9742% above
Profit margin29.75%28.76%1.0 pts above

Medians across 26 REIT - Retail stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Agree Realty Corporation (ADC) is capitalised at $8.04B on the latest close. It is classified in the REIT - Retail industry, within the Real Estate sector. The company reports 90 employees.

ADC last closed at $64.49 on October 21, 2026. That is −$2.59 (−3.86%) against the previous close. The 52-week range on file runs from $64.35 to $82.08. The latest close sits 0.23% above that 52-week low.

Financial Health

In fiscal 2025, Agree Realty Corporation reported revenue of $718.40M. Against the prior fiscal year total of $617.10M, that is a change of +16.42%. The same year closed with net income of $204.35M. That is +8.01% against the prior fiscal year. The reported profit margin is 29.75%. That is 1 percentage points above the REIT - Retail median of 28.76%. Trailing earnings per share are 1.86.

Across the 4 fiscal years on file, revenue moves from $429.81M in 2022 to $718.40M in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

ADC trades at a trailing price-to-earnings ratio of 34.67. That is 35.83% above the REIT - Retail median of 25.53. The forward P/E on file is 33.98. The PEG ratio, which sets the P/E against expected earnings growth, reads 0.13. The price-to-sales ratio is 9.93. On price-to-sales that is 42.46% above the REIT - Retail median of 6.97. The medians here are taken across 26 REIT - Retail companies that report the metric.

Daily returns over the trailing 10 years annualize to a volatility of 23.63%. Over the trailing twelve months the total return is −10.94%. Measured over 10 years, that is +7.22% a year compounded.

Growth & Income

The trailing dividend yield is 4.85%. That is 0.1 percentage points above the REIT - Retail median yield of 4.79%. The indicated annual rate is $3.25 a share. The ex-dividend date on file is October 30, 2026. Dividends are recorded for 11 calendar years; 2026 shows 8 payments totalling $2.12 a share. The year before, 2025, totalled $3.08 a share.

So far in 2026 the total return is −8.25%. Across the complete calendar years on file, 2019 returned +22.71% and 2023 returned −7.07%. Of the 9 complete calendar years on file, 7 finished higher.

Peer Comparison

Agree Realty Corporation (ADC) operates in the REIT - Retail industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Agree Realty Corporation ADC $8.04B 34.7
Simon Property Group, Inc. SPG $78.03B 14.5
Realty Income Corporation O $52.37B 40.1
Kimco Realty Corporation (HC) KIM $15.24B 26.7

The REIT - Retail industry average P/E ratio is 25.5x. Agree Realty Corporation trades at a P/E of 34.7.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

Related REIT - Retail Stocks

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Simon Property Group, Inc.

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 O

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 REG

Regency Centers Corporation

$13.50B

 FRT

Federal Realty Investment Trust

$9.25B

 BRX

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About Agree Realty Corporation

Agree Realty Corporation is a publicly traded real estate investment trust. The Firm is Rethinking Retail through the acquisition and development of properties net leased to industry-leading, omni-channel retail tenants. As of June 30, 2026, the Company owned and operated a portfolio of 2,825 properties, located in all 50 states and containing approximately 59.6 million square feet of gross leasable area. Agree Realty Corporation was incorporated in 1971 and is based in Royal Oak, United States.

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