Set Your Sights On Agree Realty Corp (NYSE: ADC)’S Upside Potential

Agree Realty Corp (ADC) concluded trading on Thursday at a closing price of $76.29, with 3.52 million shares of worth about $268.42 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 1.75% during that period and on April 24, 2025 the price saw a loss of about -1.20%. Currently the company’s common shares owned by public are about 110.02M shares, out of which, 107.97M shares are available for trading.

Stock saw a price change of -2.14% in past 5 days and over the past one month there was a price change of 1.54%. Year-to-date (YTD), ADC shares are showing a performance of 8.29% which increased to 34.08% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $57.02 but also hit the highest price of $79.65 during that period. The average intraday trading volume for Agree Realty Corp shares is 1.26 million. The stock is currently trading 0.41% above its 20-day simple moving average (SMA20), while that difference is up 1.69% for SMA50 and it goes to 4.00% higher than SMA200.

Agree Realty Corp (NYSE: ADC) currently have 110.02M outstanding shares and institutions hold larger chunk of about 108.06% of that.

The stock has a current market capitalization of $8.39B and its 3Y-monthly beta is at 0.57. PE ratio of stock for trailing 12 months is 43.01, while it has posted earnings per share of $1.77 in the same period. Its PEG reads 12.32 while making debt-to-equity ratio of 0.54. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ADC, volatility over the week remained 2.24% while standing at 2.71% over the month.

Stock’s fiscal year EPS is expected to drop by -2.08% while it is estimated to increase by 8.49% in next year. EPS is likely to grow at an annualized rate of 3.49% for next 5-years, compared to annual growth of -1.65% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Barclays on March 04, 2025 offering an Equal weight rating for the stock and assigned a target price range of between $74 and $75 to it. Coverage by Barclays stated Agree Realty Corp (ADC) stock as an Underweight in their note to investors on December 17, 2024, suggesting a price target of $76 for the stock. On December 17, 2024, JMP Securities Downgrade their recommendations, while on December 12, 2024, Evercore ISI Initiated their ratings for the stock with a price target of $82. Stock get a Buy rating from Deutsche Bank on December 11, 2024.

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