Agree Realty Corporation

NYSE:ADC 株式レポート

時価総額：US$8.8b

Agree Realty 将来の成長

Future 基準チェック /26

Agree Realty利益と収益がそれぞれ年間12.3%と11.9%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に4.1% 3.9%なると予測されています。

主要情報

12.3%

収益成長率

3.87%

EPS成長率

Retail REITs 収益成長-2.0%
収益成長率11.9%
将来の株主資本利益率4.06%
アナリストカバレッジ

Good

最終更新日01 Jun 2026

今後の成長に関する最新情報

更新なし

Recent updates

ナラティブの更新 • Jun 02

ADC: Dividend And Insider Buying Support Future Re Rating On Net Lease Execution

Analysts trimmed the blended price target on Agree Realty by about $1 to $84, reflecting slightly higher discount rate assumptions and recent recalibrations across the net lease REIT group, while still citing intact fundamentals and expectations that successful execution on the investment pipeline could support a re-rating closer to historical valuation multiples. Analyst Commentary Research coverage on Agree Realty has been active, with a mix of higher and lower price targets and a range of ratings from Buy to Neutral and Equal Weight.
Seeking Alpha • Jun 02

Agree Realty Is Becoming More And More Attractive, But I'm Not Buying Yet

Summary ADC remains a hold due to its still-elevated valuation despite robust business fundamentals and portfolio quality. ADC boasts a high share of investment-grade tenants (over 65%) and strong sector diversification, with Walmart as its largest tenant at 5.7% ABR. Management highlights a fortress balance sheet, $2.3B liquidity, and no material debt maturities until 2028, supporting continued external growth. While ADC's forward P/FFO multiple has compressed to ~16.3x, I await a more attractive entry point before adding to my position. Read the full article on Seeking Alpha
ナラティブの更新 • Apr 25

ADC: Tenant Quality And Dividend Strength Will Support Expanded Acquisition Funding Capacity

Agree Realty's fair value estimate edges up to $85.39 from $84.25 as analysts lift price targets across the board, citing updated REIT models, steady acquisition activity, and what they view as solid tenant quality and funding capacity. Analyst Commentary Recent Street research on Agree Realty shows a cluster of price target increases alongside at least one downgrade, giving you a mixed but generally constructive read on how the company is executing and how its valuation is being framed.
ナラティブの更新 • Apr 10

ADC: Tenant Quality And Dividend Growth Offset Net Lease Sector Uncertainty

Analysts have lifted their average price targets for Agree Realty by several dollars, now clustering in an $81 to $91 range. They cite factors such as accelerating funds from operations per share growth, a low cost of capital, a solid tenant roster, and updated REIT models following recent quarterly results.
ナラティブの更新 • Mar 27

ADC: Tenant Quality And Capital Runway Will Support Future Upside

Agree Realty's analyst fair value estimate has been nudged higher to $84.25 from $82.81 as analysts factor in updated sector research highlighting funds from operations growth, a low cost of capital, resilient tenant quality, and an extended capital runway across recent price target increases from multiple firms. Analyst Commentary Recent Street research on Agree Realty has centered on updated models following Q4 results, sector level REIT work, and shifts in macro risks, feeding through to a series of price target revisions across the coverage universe.
ナラティブの更新 • Mar 11

ADC: Elevated Acquisitions And Spreads Will Shape Balanced Outlook

Analysts have lifted their average price target for Agree Realty from $82 to $91, citing steady acquisition activity, consistent investment spreads of about 100 to 150 basis points across triple net REITs, and what they see as potential upside to guidance if investment activity remains elevated. Analyst Commentary Recent Street research on Agree Realty has centered on price target revisions across several firms, with most updates clustering around the new US$91 level.
Seeking Alpha • Mar 29

Agree Realty: Is This Retail REIT Still A Buy After Sustained Rally? (Rating Downgrade)

Summary Agree Realty is paying out a 4% dividend yield, with AFFO guidance for its fiscal 2025 signalling healthy growth. There are no significant debt maturities until 2028 as ADC intends to invest at least $1.1 billion in net lease properties this year. The REIT's Series A preferreds offer a yield on cost that's 215 basis points greater than the commons, as the performance of both securities has diverged. Read the full article on Seeking Alpha
Seeking Alpha • Feb 18

Agree Realty Vs. Realty Income: Accumulate Both REITs Offering Different Benefits

Summary Agree Realty and Realty Income are two of my personal REIT holdings. ADC shows better stability and tenant credit quality. ADC's portfolio boasts 68.2% investment-grade tenants and a 99.6% occupancy rate, while O has only 32% investment-grade tenants and a 98.7% occupancy rate. O offers a higher starting dividend yield at 5.8%, but ADC has superior dividend growth, potentially leading to higher long-term income despite its shorter history. Both REITs face challenges from high interest rates and inflation, but ADC's higher-quality tenants and growth potential make it a resilient choice. Read the full article on Seeking Alpha
Seeking Alpha • Feb 12

Q4 Earnings Update: Sell Agree Realty And Buy This REIT Instead

Summary Agree Realty's focus on high-quality investment-grade tenants, ground leases, and aggressive acquisitions initially made it a superior investment compared to Realty Income. Despite ADC's strong business model, its stretched valuation and lower expected returns prompt a downgrade to SELL. ADC's high valuation implies limited price appreciation, making it less attractive compared to peers and the market. Read the full article on Seeking Alpha
Seeking Alpha • Jan 17

Agree Realty: Why I Bought More Of The Commons And Preferreds

Summary I'm still buying Agree Realty's commons despite the REIT selloff, driven by the significant rise in long-term Treasury yields. ADC's strong financials include 12.8% revenue growth, 99.6% leased properties, and an investment-grade tenant base, supporting a 4.3% dividend yield. ADC's prudent debt maturity profile and $2 billion liquidity ensure stability, with no significant refinancing needed while Fed rates remain high. ADC's preferreds offer a 6% yield on cost, trading at a 29% discount, presenting a compelling fixed-income investment opportunity. Read the full article on Seeking Alpha
Seeking Alpha • Jan 04

Agree Realty: Still A Marginal Buy Case To Be Made Now

Summary A few months ago, Agree Realty upped its monthly dividend per share. The REIT delivered in the third quarter and looks positioned to keep generating solid AFFO per share growth. Agree Realty's credit rating was recently upgraded to BBB+ on a stable outlook by S&P. Shares of the REIT appear to be trading 8% below fair value. Agree Realty could be set to generate 10% annual total returns through 2027. Read the full article on Seeking Alpha
Seeking Alpha • Dec 23

Agree Realty: Three Ways To Invest In A Net Lease Leader

Summary ADC offers three investment options: common shares, preferred shares, and bonds, each with varying yields and risk profiles. We compare these three opportunities amidst the backdrop of a rising ten year treasury rate. ADC's business remains strong, but a sector leading valuation should make investors ask whether the common shares are the best opportunity. Read the full article on Seeking Alpha
Seeking Alpha • Dec 01

Agree Realty: Unfortunately No Longer A 'Buy' At This Price (Rating Downgrade)

Summary Agree Realty is one of the more impressive triple-net lease REITs out there, with an upside that's non-trivial at the right valuation. That upside is no longer there, with the company trading far higher than when I bought it. As a result of this, using Q3'24 results, I am reiterating "Hold" on Agree Realty stock with the following specifics. Read the full article on Seeking Alpha
Seeking Alpha • Nov 13

Why Buy Treasuries When You Can Buy Agree Realty

Summary Warren Buffett's recent moves into Treasury bonds aren't necessarily suitable for everyday investors, and there are attractive stock opportunities like Agree Realty. ADC offers a 4% dividend yield, a strong balance sheet, and a history of consistent shareholder returns, making it a solid long-term investment. ADC's strategic portfolio management and development initiatives have positioned it well for future growth, with a focus on high-quality, recession-resistant tenants. For higher yield and safety, ADC.PR.A offers a 5.5% yield and trades at a 23% discount to par value, providing an attractive alternative. Read the full article on Seeking Alpha
Seeking Alpha • Oct 30

Agree Realty: A Strong Performance, But Preferreds Getting Less Attractive

Summary Agree Realty's preferred dividends are extremely well-covered, requiring less than 2% of core FFO and AFFO, making them one of the safest in the REIT sector. The REIT's balance sheet is robust, with $5.3B in equity and only $175M in preferred equity, providing a significant cushion for preferred shareholders. The preferred shares offer a 5.27% yield but have become less appealing due to a 15% price increase and a relatively low mark-up over the 5-year US Treasury yield. Due to double taxation as a European investor, my net yield on these preferred shares drops to around 3.4%, making them less attractive for my personal investment strategy. Read the full article on Seeking Alpha
Seeking Alpha • Oct 24

Agree Realty Q3 Earnings: Buying What They Are Selling

Summary ADC is a net lease REIT investing in single tenant retail properties and ground leases around the country. ADC reported Q3 earnings which were aligned with expectations. We talk cost of equity and explain what ADC's low yield means for the REIT and shareholders. Read the full article on Seeking Alpha
Seeking Alpha • Oct 15

Resolving Dilemma Between Realty Income And Agree Realty

Summary Realty Income and Agree Realty are structurally similar REITs with a strong focus on the net lease retail segment and very defensive fundamentals. Yet, as a durable income investor, who seeks to maximize yield, while keeping the dividend cut risk limited, I have decided to include only one of them in my portfolio. In this article, I compare ADC and O side by side, elaborating on the key aspects, which, in my opinion, substantiate bullish views on both of them. At the same time, I also emphasize the reasons why, in my opinion, one is slightly more attractive than the other. Read the full article on Seeking Alpha
Seeking Alpha • Sep 23

Agree Realty: No Longer Undervalued, Still A Buy

Summary Agree Realty achieves industry-leading growth at a low cost of capital, making it a fundamentally strong business and a long-term buy. REITs are expected to perform well given the lower interest rate outlook. The shares have caught up to value after rising by 32%, making ADC no longer significantly undervalued. Despite this, ADC's performance justifies its premium valuation, and the company is positioned for long-term growth. Read the full article on Seeking Alpha
Seeking Alpha • Sep 16

Agree Realty: The Multiple Expansion Has Not Made The Case Unattractive

Summary Since my earlier piece this June on Agree Realty, the total return performance has landed at close to 25%. This has expanded ADC's multiple quite a lot, and consequently brought down the yield to below 4% level. Theoretically, this renders a strong base of argumentation to consider other alternatives. Yet, looking at the underlying fundamentals, I still see a further upside and a rationale of holding / buying ADC. In this article, I elaborate in more detail why I have maintained my buy rating on ADC. Read the full article on Seeking Alpha
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新しいナラティブ • Aug 27

Decisive Investments And Agile Capital Management Propel Company Toward Robust Growth Amidst Market Volatility

The company's strategic focus on high-quality investments and financial flexibility through expanded credit facilities aims to enhance its revenue growth and earnings.
Seeking Alpha • Aug 15

Agree Realty: Common Or Preferred? One Is The Better Buy

Summary Agree Realty is a high-quality stock for income investors with resilient recession and e-commerce-resistant tenants. ADC's common stock has seen significant gains, leading to a higher valuation, making its Preferred Series A shares a more attractive option. With a solid balance sheet, strong credit ratings, and a well-covered 4.2% dividend yield, ADC is well-positioned for steady growth. Read the full article on Seeking Alpha
Seeking Alpha • Jul 24

Agree Realty Q2 Earnings: Still A Strong Buy In The Net Lease Sector

Summary Agree Realty Corporation reported strong Q2 earnings with sector-leading share metric growth. Agree Realty remains well-capitalized and well-managed, positioning itself as one of the top net lease REITs. The company continues to expand, acquiring existing assets and partnering with tenants to provide development funding. We dive into second-quarter earnings and discuss Agree Realty Corporation's recent performance. Read the full article on Seeking Alpha

業績と収益の成長予測

NYSE:ADC - アナリストの将来予測と過去の財務データ ( )USD Millions
日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数
12/31/20281,081313N/A7646
12/31/2027950296N/A68211
12/31/2026841252N/A59311
3/31/2026750212523523N/A
12/31/2025718196504504N/A
9/30/2025689186484484N/A
6/30/2025660178466466N/A
3/31/2025637183459459N/A
12/31/2024617181432432N/A
9/30/2024601182439439N/A
6/30/2024583179420420N/A
3/31/2024560165397397N/A
12/31/2023537162392392N/A
9/30/2023510157387387N/A
6/30/2023483155396396N/A
3/31/2023458150395395N/A
12/31/2022430145362362N/A
9/30/2022405137329329N/A
6/30/2022382136278278N/A
3/31/2022360124262262N/A
12/31/2021339120246246N/A
9/30/2021319112238238N/A
6/30/202129697193193N/A
3/31/2021271100160160N/A
12/31/202024991143143N/A
9/30/202022990129129N/A
6/30/202021489137137N/A
3/31/202020183132132N/A
12/31/201918780N/A127N/A
9/30/201917370N/A118N/A
6/30/201915966N/A114N/A
3/31/201914760N/A99N/A
12/31/201813758N/A93N/A
9/30/201813161N/A91N/A
6/30/201812758N/A85N/A
3/31/201812260N/A84N/A
12/31/201711258N/A82N/A
9/30/201711054N/A71N/A
6/30/201710456N/A70N/A
3/31/20179852N/A61N/A
12/31/20169245N/A62N/A
9/30/20168540N/A56N/A
6/30/20167941N/A50N/A
3/31/20167440N/A52N/A
12/31/20157039N/A45N/A
9/30/20156537N/A44N/A
6/30/20156127N/A39N/A

アナリストによる今後の成長予測

収入対貯蓄率: ADCの予測収益成長率 (年間12.3% ) は 貯蓄率 ( 3.5% ) を上回っています。

収益対市場: ADCの収益 ( 12.3% ) US市場 ( 16.8% ) よりも低い成長が予測されています。

高成長収益: ADCの収益は増加すると予測されていますが、大幅には増加しません。

収益対市場: ADCの収益 ( 11.9% ) US市場 ( 11.8% ) よりも速いペースで成長すると予測されています。

高い収益成長: ADCの収益 ( 11.9% ) 20%よりも低い成長が予測されています。

一株当たり利益成長率予想

将来の株主資本利益率

将来のROE: ADCの 自己資本利益率 は、3年後には低くなると予測されています ( 4.1 %)。

成長企業の発掘

7D

1Y

7D

1Y

7D

1Y

企業分析と財務データの現状

データ最終更新日（UTC時間）
企業分析2026/06/08 20:25
終値2026/06/05 00:00
収益2026/03/31
年間収益2025/12/31

データソース

企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。

パッケージデータタイムフレーム米国ソース例
会社財務10年
  • 損益計算書
  • キャッシュ・フロー計算書
  • 貸借対照表
アナリストのコンセンサス予想+プラス3年
  • 予想財務
  • アナリストの目標株価
市場価格30年
  • 株価
  • 配当、分割、措置
所有権10年
  • トップ株主
  • インサイダー取引
マネジメント10年
  • リーダーシップ・チーム
  • 取締役会
主な進展10年
  • 会社からのお知らせ

* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。

特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。

分析モデルとスノーフレーク

本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。

シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。

業界およびセクターの指標

私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。

アナリスト筋

Agree Realty Corporation 11 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。36

アナリスト機関
Wesley GolladayBaird
Richard HightowerBarclays
Nathan CrossettBerenberg