How to Buy Agree Realty Stock
Agree Realty Corp
Agree Realty is a retail REIT company located in Michigan, United States, which is part of the Real Estate sector, and is traded under the ticker ADC on the NYSE exchange.
Agree Realty stock last closed at $78.72, down 0.42% from the previous day, and has increased 38.35% in one year. It has overperformed other stocks in the REIT - Retail industry by 1.03 percentage points. Agree Realty stock is currently +38.35% from its 52-week low of $56.90, and -1.12% from its 52-week high of $79.61.
At the moment, there are 107.25M shares of ADC outstanding. The market capitalization of ADC is $8.44B. In the past 24 hours, 1.03M ADC shares were traded.
How to Buy Agree Realty Stock
Wondering how to invest in Agree Realty stock? Here's how.
- Decide where to buy Agree Realty stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Agree Realty stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Select your payment method and add your info.
- Analyze Agree Realty stock: The Agree Realty ticker symbol is ADC. Is Agree Realty stock a good investment? Should you buy shares of ADC? How do ADC's underlying business fundamentals look? Do top analysts think Agree Realty is a good buy? Why has ADC's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if ADC is a good stock to buy).
- Make your ADC trade: Decide if you will purchase ADC shares at the current market price or use a limit order to buy ADC stock at a specific price.
- Get the latest news on your ADC investment: Create a watchlist to important notifications about your new investment in Agree Realty shares.
Step 1: Decide where to buy Agree Realty stock
You need an online brokerage account in order to access the NYSE market and buy ADC stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've selected your brokerage, you'll need to fill out some personal details so you are able to buy ADC stock today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to open a new trading account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have filled out your info on app for stock, you can securely and quickly fund your account:
Check out the video below for more details transferring funds into your brokerage account.
Step 4: Analyze Agree Realty stock
After you have decided on the best place to buy Agree Realty stock, it's important to evaluate their stock before you invest, so you truly understand the risk as well as the opportunity.
Overview of key ADC info
Agree Realty Due Diligence Score
WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on ADC's stock page.
Is ADC stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge ADC's intrinsic value.
Using relative valuations metrics:
- ADC could be undervalued based on its P/E ratio of 43.98x, relative to REIT - Retail industry P/E ratio of 61.71x
- ADC may be undervalued based on its P/B ratio of 1.53x, relative to REIT - Retail industry P/B ratio of 1.99x
- ADC could be overvalued based on its PEG ratio of 1.19x
You can access more valuation research on ADC's stock here.
ADC Financial Overview
Pros:
- Total ADC debt is lower than 5 years ago, relative to shareholder equity.
Cons:
- ADC has a relatively high debt to equity ratio of 0.54.
- ADC profit margin has gone down from 30.2% to 29.5% in the past year.
Is ADC stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 11 Equities analysts who give forecasts on ADC, the consensus analyst rating on ADC is a Strong Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest ADC Analyst Recommendations
Michael Goldsmith, a bottom 18% analyst from UBS upgrades ADC to a strong buy rating and raises their ADC price target from $79.00 to $84.00, on Jan 6, 2025.
James Kammert, a bottom 32% analyst from Evercore ISI Group initiates coverage on ADC with a buy rating and announces their ADC price target of $82.00, on Dec 12, 2024.
Omotayo Okusanya, a top 18% analyst from Deutsche Bank initiates coverage on ADC with a strong buy rating and announces their ADC price target of $88.00, on Dec 11, 2024.
Michael Gorman, a top 18% analyst from BTIG maintains ADC with a strong buy rating and raises their ADC price target from $74.00 to $78.00, on Nov 27, 2024.
BTIG's Michael Gorman raised their price target on Agree Realty (NYSE: ADC) by 5.4% from $74 to $78 on 2024/11/27. The analyst maintained their Strong Buy rating on the stock.
Gorman backgrounded that Agree Realty Agree has a well-capitalized balance sheet, including the recent expansion of its unsettled forward equity after the end of Q3.
Looking ahead and accounting for their price target move, the analyst said that management expects an acceleration in deal flow heading into the end of the year, making Q4 possibly the most active quarter of 2024 and setting up a strong pipeline into 2025.
Earnings Report
For Q3 2024, Agree Realty reported:
- FFO of $1.03 per share, which was in line with the Zacks Consensus Estimate of $1.03 but beat, by 2.8%, Q3 2023’s $1.
- Revenue of $154.33M, which beat the Zacks Consensus Estimate by 1.28% and, by 12.8%, Q3 2023’s $136.81M.
For FY 2024, management guided:
- FFO of $4.12 to $4.14 per share.
President & CEO Joey Agree commented: "We are very pleased with our YTD performance as we have accelerated investment activity while strengthening our balance sheet through proactive capital markets transactions.
"During the quarter, we raised nearly $470M of forward equity, contributing to record liquidity of over $1.9B.
“Given the continued strong performance of our portfolio and accelerating investment activity across all three external growth platforms, we are increasing FY 2024 acquisition guidance to approximately $850M and raising the lower end of our 2024 AFFO per share guidance to a range of $4.12 to $4.14."
Ki Bin Kim, a top 11% analyst from Truist Securities maintains ADC with a strong buy rating and raises their ADC price target from $77.00 to $80.00, on Oct 30, 2024.
You can dig deeper into what analysts are saying on the Agree Realty stock forecast page.
ADC Technical Indicators
ADC Growth Metrics
Last year, ADC earnings were $181.76M. Over the past five year, ADC's earnings have grown by -1.8% per year. This was slower than the REIT - Retail industry average of 2.08%.
Last year, ADC revenue was $617.10M. During the past 5 year, ADC's revenue has grown by 26.91% per year. This was faster than the REIT - Retail industry average of 13.22%.
Dive into ADC's earnings and revenue performance here.
Who is buying/selling ADC?
In the last year, executives and large shareholders at ADC have bought more shares than they have sold.
John Rakolta Jr., Director of ADC, was the latest ADC insider to buy. They bought $2,002,104.00 worth of ADC stock on Apr 8, 2025.
Dig into more about who owns ADC shares here.
Can I rely on ADC as an income stream?
Agree Realty pays a dividend of 3.5%, compared to the REIT - Retail industry's average dividend yield of 4.26%. If you owned $1,000 of ADC stock, you would have been paid $35.05 last year.
Agree Realty dividend payments have not consistently grown over the past decade and have not remained stable.
Get more data about Agree Realty dividend yield and history here.
Get opinions from other traders
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Click below to see what other investors have to say.
Step 5: Make your ADC trade
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount limit, use a limit order.
Click the Open Trade button and your broker will place the order.
If you need more assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your ADC investment
Now that you own some ADC shares, you'll want to keep up with your new investment.
Create a watchlist to get notified of the latest news about your ADC stock.
ADC Feed
How to Buy Stock in Agree Realty
To reiterate, here are the 6 steps for buying Agree Realty stock:
- Decide where to buy Agree Realty stock
- Create a brokerage account
- Deposit funds into your investment account
- Analyze Agree Realty stock
- Make your ADC trade
- Get the latest news on your ADC investment
If you require a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep an eye on your investment in Agree Realty, add ADC to your watchlist by clicking the button below.
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