StockData

Agree Realty Corp (ADC) stock

ADCNYSEReal Estate Investment TrustsFiscal year ends December 31Also trades as ADC.PA
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 20, 2026Score 11/3016% above fair value
$69.80−0.08 (-0.11%)

Close on Nov 11, 2026Market cap $9.08BP/E 36.0Yield 4.40%

Agree Realty Corp grew revenue 17.7% to $810.28M over the twelve months to Sep 30, 2026. Operating income rose 22.4% to $395.87M, moving the operating margin from 46.9% to 48.9%. At the latest close the market valued the company at $9.08B, 36.0 times its earnings.

Revenue
$810.28M
+17.7% vs. a year earlier
Operating income
$395.87M
+22.4% vs. a year earlier
EPS, diluted
$1.94
+13.5% vs. a year earlier

Key statistics

Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026

Valuation

Market cap
$9.08B
P/E ratio
36.0
Price to sales
11.21
Price to book
1.31
Dividend yield
4.40%
Free cash flow yield
–

Fundamentals

Revenue
$810.28M
Net income
$241.09M
EPS, diluted
$1.94
Book value per share
$55.72
Diluted shares
125M

Trading

Next earnings
Feb 9, 2027 (estimated, after the close)
Previous close
$69.88
Open
$69.03
Day's range
$68.72 – $69.81
Volume
1,485,606
Average volume (20 days)
1,734,437
Index membership
S&P MidCap 400 (since Feb 2023), Russell 1000 (since Jun 2023), Russell 3000
Beta (5 years)
0.28
52-week range
$64.34 – $82.08
RSI (14 days)
58.2
Volatility (1 year)
17.5%
Relative volume
0.96×
WACC
7.4%

On 2 of our idea lists: Insider cluster buys, Strong quarter, insiders buying

Index membership is inferred from the holdings of funds that track each index (IJH, SPMD, IWB, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.

Market cap history

Month-end market cap since 2011, using shares outstanding reported at the time

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.

PeriodADCS&P 500DifferenceADC per yearS&P 500 per year
1 month+5.8%-2.4%+8.2 pts
3 months-4.2%-1.2%−3.0 pts
Year to date+0.1%+12.3%−12.2 pts
1 year-1.6%+12.4%−14.1 pts
3 years+40.1%+78.8%−38.7 pts+11.9%+21.4%
5 years+23.1%+75.2%−52.1 pts+4.2%+11.9%
10 years+143.1%+311.1%−168.0 pts+9.3%+15.2%

Fifteen years at a glance

Fiscal years 2011 to 2025 and trailing twelve months, USD

Revenue

$810.28M+17.7% YoY

Operating income

$395.87M+22.4% YoY

Net income

$241.09M+24.6% YoY

EPS, diluted

$1.94+13.5% YoY

Free cash flow

–
Reported periodTrailing twelve months

Press releases

Releases Agree Realty filed with the SEC as exhibits to Form 8-K or 6-K

All press releases and earnings

About Agree Realty

Real Estate Investment Trusts

Agree Realty Corporation operates as a fully integrated real estate investment trust centered on acquiring, developing, owning, and managing single-tenant commercial properties. The company focuses primarily on retail real estate net leased to prominent national and regional retailers in sectors designed to resist e-commerce disruption and economic downturns, including grocery stores, home improvement centers, and convenience stores. Its primary growth avenues comprise direct acquisitions, custom build-to-suit developments, and project funding support provided through its Developer Funding Platform.

Company profile, executives and history

Agree Realty stock: common questions

What is Agree Realty's stock price?

ADC closed at $69.80 on Nov 11, 2026, down 0.11% on the day. Over the past 52 weeks it traded between $64.34 and $82.08.

What is Agree Realty's market cap?

Agree Realty was worth $9.08B at the close on Nov 11, 2026: the share price times the diluted shares outstanding.

What is ADC's P/E ratio?

ADC trades at 36.0 times earnings, based on diluted earnings per share of $1.94 over the twelve months to Sep 30, 2026.

How much revenue does Agree Realty make?

Agree Realty reported revenue of $810.28M for the twelve months to Sep 30, 2026, up 17.7% from a year earlier.

Does Agree Realty pay a dividend?

Yes. Agree Realty paid $3.07 per share over the last twelve months, a yield of 4.40% at the latest price, and has raised its annual dividend 2 years in a row.

When does Agree Realty report earnings next?

Agree Realty is expected to report Q4 FY2026 results on Feb 9, 2027, after the close. The date is estimated from its past reporting pattern until the company confirms it.

How has ADC stock performed over the past year?

Including dividends, ADC returned -1.6% over the past year, against +12.4% for the S&P 500.

How many ADC shares are sold short?

9M shares were sold short at the latest FINRA report, 7.02% of the float, or 5.3 days of average trading volume.

Who are Agree Realty's competitors?

Companies most similar to Agree Realty by business, industry and size include NNN, PECO, KRG, ZARE, EGP.

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