Agree Realty
About: Agree Realty Corporation operates as a fully integrated real estate investment trust mainly focused on the ownership, acquisition, development and management of retail properties net leased to industry-leading tenants. The Company is mainly in the business of acquiring, developing and managing retail real estate. Some of its properties in the portfolio include Walmart, 7-Eleven, Wawa, Gerber Collision and others.
Employees: 72
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 11 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
68% more call options, than puts
Call options by funds: $8.63M | Put options by funds: $5.14M
56% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 39
27% more capital invested
Capital invested by funds: $6.54B [Q2] → $8.3B (+$1.76B) [Q3]
5% more funds holding
Funds holding: 402 [Q2] → 424 (+22) [Q3]
4.96% more ownership
Funds ownership: 104.9% [Q2] → 109.86% (+4.96%) [Q3]
8% more repeat investments, than reductions
Existing positions increased: 164 | Existing positions reduced: 152
50% less funds holding in top 10
Funds holding in top 10: 8 [Q2] → 4 (-4) [Q3]
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$76
8%
upside
Avg. target
$80
14%
upside
High target
$88
25%
upside
11 analyst ratings
8 positive
73%
2 neutral
18%
1 negative
9%
Barclays Richard Hightower 25% 1-year accuracy 2 / 8 met price target | 8%upside $76 | Underweight Initiated | 17 Dec 2024 |
Evercore ISI Group James Kammert 0% 1-year accuracy 0 / 3 met price target | 17%upside $82 | Outperform Initiated | 12 Dec 2024 |
Deutsche Bank Omotayo Okusanya 62% 1-year accuracy 13 / 21 met price target | 25%upside $88 | Buy Initiated | 11 Dec 2024 |
BTIG Michael Gorman 40% 1-year accuracy 2 / 5 met price target | 11%upside $78 | Buy Maintained | 27 Nov 2024 |
UBS Michael Goldsmith 29% 1-year accuracy 4 / 14 met price target | 13%upside $79 | Neutral Maintained | 14 Nov 2024 |
Financial journalist opinion
Based on 24 articles about ADC published over the past 30 days
Positive
Seeking Alpha
12 hours ago
10 Stocks I'm Buying As REITs Have Never Looked So Good
The recent market selloff, driven by the Fed's revised rate-cut forecast, has made high-quality REITs attractively priced for long-term dividend growth investors. Despite poor stock price performance, REITs have strong fundamentals, with favorable earnings yield spreads and dividend yields compared to the broader market. REITs are undervalued due to being treated as bond proxies, but their strong commercial real estate fundamentals and historical outperformance post-Fed rate cuts suggest a buying opportunity.
Positive
The Motley Fool
14 hours ago
Agree Realty Stock: Buy, Sell, or Hold?
In 2022 and 2023, rising interest rates drove up the yields of low-risk fixed income investments like Treasury bills, bonds, and CDs, which made them more appealing than dividend stocks. But as interest rates decline, those fixed income yields are shrinking and driving more investors back toward higher-yielding dividend stocks.
Positive
The Motley Fool
15 hours ago
Want Decades of Passive Income? 3 Stocks to Buy Right Now
Are you looking for reliable long-term investment income? Consider starting your search here, with a closer look at three great dividend stocks that would be at home in nearly any investor's portfolio.
Positive
The Motley Fool
16 hours ago
Should You Buy This Millionaire-Maker Stock Instead of Agree Realty?
Agree Realty (ADC 1.05%) has been a popular stock in 2024, with a share price gain of more than 15%. That's roughly three times the return of the average real estate investment trust (REIT).
Negative
24/7 Wall Street
1 day ago
Earn Money While You Sleep With Monthly Dividends From These Stocks
Interested in the stock market, but don't want to worry about chasing market gains?
Positive
Seeking Alpha
2 days ago
Buy The Dip: 2 REITs Getting Way Too Cheap
Some REITs suffered a dip in recent weeks. As a result, they have become cheap again. We highlight 2 of our favorite buy-the-dip opportunities.
Positive
Seeking Alpha
3 days ago
December's 5 Dividend Growth Stocks With 4.51%+ Yields
Dividend growth stocks, though not often the most exciting, can offer the potential for growing wealth and passive income over the long run. Every month, we screen for potential opportunities, starting with initial parameters, including dividend safety, growth, and consistency. Of course, further due diligence is essential; these initial screenings are just that “initial” and highlight potential names worth considering further but require further due diligence.
Positive
Seeking Alpha
4 days ago
2 REITs To Add To Your Christmas List And When To Buy For A Margin Of Safety
Agree Realty and VICI Properties are high-quality REITs with strong fundamentals and impressive total returns, but currently offer little margin of safety due to their run-up in share prices. Investing with a margin of safety helps manage market volatility; for example, my cost basis of $53 for Realty Income has helped me stomach volatility and the stock's underperformance. I recommend assigning stocks specific roles in your portfolio; for example, Starwood Property for stable dividends, PepsiCo for moderate growth, and Visa for high growth, balancing income and growth.
Positive
The Motley Fool
1 week ago
Is Agree Realty a Millionaire Maker?
Net lease real estate investment trust (REIT) Agree Realty (ADC 1.39%) has a 4.1% dividend yield. That yield is a little higher than the 3.7% average for the REIT sector, but below the 5.6% you could get from buying industry leading net lease REIT Realty Income.
Neutral
Seeking Alpha
1 week ago
What I Wish I Knew Before Investing In REITs
I have done well over time, but I could have done even better. I have made many mistakes over the years. I discuss 3 of my biggest regrets as a REIT investor.
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