ADC
AGREE REALTY CORP
$75.46
-0.11%
$9.1B
No data for this timeframe.
Vol
Market Cap$9.1B
Cap SizeMid Cap
Analyst ConsensusBuy (63%)
Inst. Holders9 funds
Inst. Value$1.7B
Inst. Activity1 buys / 0 sells
Insider Activity4B / 0S
Insider Net $$2.6M
SEC Reports3
Congressional1 trades
Recent Activity
May 18, 2026
SEC
CEO Joey Agree purchased $1.0M of ADC stock and director Greg Lehmkuhl bought $56K, alongside non-cash director grants.
CLUSTER — Impact 3/10
May 18, 2026
SEC
CEO Joey Agree and Director Greg Lehmkuhl made open-market purchases totaling ~$1.06M in ADC, with the CEO alone buying
CLUSTER — Impact 6/10
May 18, 2026
SEC
CEO Joey Agree purchased $1.0M of ADC stock, and Director Greg Lehmkuhl bought $56K, both in open-market transactions. T
CLUSTER — Impact 3/10
May 15, 2026
Insider
RAKOLTA JOHN JR bought 20,000 shares
Director @ $74.57 ($1.5M)
May 14, 2026
Insider
Frankel Merrie S. sold 432 shares
Director @ $0.00 ($0.00)
May 14, 2026
Insider
Agree Joey bought 13,295 shares
PRESIDENT & CEO @ $75.41 ($1.0M)
Inst.
NORGES BANK — NEW
1,612,027 shares ($116.1M)
Inst.
Cullen Capital Management, LLC — NEW
2,950 shares ($209.6K)
Price Targets
$85.00
+12.6% upside
Buy
Current $75.46
Low $80.00
Median $84.00
High $92.00
18 analysts
$80.00
$92.00
Analyst Ratings
6Strong Buy
9Buy
9Hold
0Sell
0Strong Sell
Recent Analyst Actions
| Date | Firm | Action | Rating |
|---|---|---|---|
| May 19, 2026 | Barclays | MAINTAIN | Equal-Weight → Equal-Weight |
| May 13, 2026 | Mizuho | MAINTAIN | Neutral → Neutral |
| Apr 24, 2026 | Citigroup | MAINTAIN | Neutral → Neutral |
| Apr 23, 2026 | RBC Capital | MAINTAIN | Outperform → Outperform |
| Apr 22, 2026 | Baird | MAINTAIN | Outperform → Outperform |
Earnings Estimates
| Period | EPS Est. | Range | Growth | # |
|---|---|---|---|---|
| Current Q | $0.46 ▼ -3.1% | $0.44 — $0.48 | 0% YoY | 3 |
| Next Q | $0.47 ▼ -3.6% | $0.45 — $0.48 | -0% YoY | 3 |
| Current FY | $1.90 ▼ -0.8% | $1.90 — $1.90 | 4% YoY | 1 |
| Next FY | $1.96 ▼ -2.1% | $1.74 — $2.08 | 3% YoY | 3 |
Latest Reports
NEUTRAL
CLUSTER
3/10
CEO Joey Agree purchased $1.0M of ADC stock and director Greg Lehmkuhl bought $56K, alongside non-cash director grants.
May 18, 2026
BULLISH
CLUSTER
6/10
CEO Joey Agree and Director Greg Lehmkuhl made open-market purchases totaling ~$1.06M in ADC, with the CEO alone buying
May 18, 2026
Top Institutional Holders
| Fund | Value | Move |
|---|---|---|
| VANGUARD GROUP INC | $1.1B | — |
| CHARLES SCHWAB INVESTMENT MANAGEMENT | $140.9M | NEW |
| TWO SIGMA INVESTMENTS, LP | $121.8M | ADD |
| NORGES BANK | $116.1M | NEW |
| MORGAN STANLEY | $94.2M | ADD |
Recent Insider Trades
| Date | Insider | Type | Value |
|---|---|---|---|
| May 15, 2026 | RAKOLTA JOHN | BUY | $1.5M |
| May 14, 2026 | Frankel Merrie | A | $0.00 |
| May 14, 2026 | Agree Joey | BUY | $1.0M |
| May 14, 2026 | Lehmkuhl Greg | A | $0.00 |
| May 14, 2026 | Lehmkuhl Greg | BUY | $56.3K |
Congressional Trades
1 members: 0 buys, 1 sells
| Member | Party | Type | Amount |
|---|---|---|---|
| Gilbert Cisneros | D | SELL | $15,001 - $50,000 |
9 institutional holders with $1.7B total value (23,604,416 shares) as of 2025-Q4. Top holders: VANGUARD, CHARLES, TWO. Net buying activity: 1 institutions added/increased vs 0 reduced.
Top Institutional Holders — 2025-Q4
| # | Fund | Shares | Value | % of Tracked | Last Move |
|---|---|---|---|---|---|
| 1 | VANGUARD GROUP INC | 15,731,141 | $1.1B | 66.6% | — |
| 2 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1,955,974 | $140.9M | 8.3% | NEW |
| 3 | TWO SIGMA INVESTMENTS, LP | 1,690,448 | $121.8M | 7.2% | ADD +61.4% |
| 4 | NORGES BANK | 1,612,027 | $116.1M | 6.8% | NEW |
| 5 | MORGAN STANLEY | 1,307,232 | $94.2M | 5.5% | ADD +38.0% |
| 6 | BANK OF AMERICA CORP /DE/ | 923,081 | $66.5M | 3.9% | ADD +26.4% |
| 7 | WELLS FARGO & COMPANY/MN | 353,367 | $25.5M | 1.5% | — |
| 8 | FMR LLC | 28,196 | $2.0M | 0.1% | NEAR_EXIT -95.7% |
| 9 | Cullen Capital Management, LLC | 2,950 | $212.5K | 0.0% | NEW |
Recent Position Changes
| Fund | Action | Prev Shares | Curr Shares | Change % | Value | Quarter |
|---|---|---|---|---|---|---|
| NORGES BANK | NEW | — | 1,612,027 | — | $116.1M | 2025-Q4 |
| Cullen Capital Management, LLC | NEW | — | 2,950 | — | $209.6K | 2025-Q3 |
| NORGES BANK | EXIT | 890,085 | 0 | -100.0% | $0.00 | 2025-Q3 |
| BANK OF AMERICA CORP /DE/ | ADD | 752,603 | 951,096 | +26.4% | $69.5M | 2025-Q2 |
| NORGES BANK | NEW | — | 890,085 | — | $65.0M | 2025-Q2 |
| FMR LLC | NEAR_EXIT | 490,603 | 21,171 | -95.7% | $1.5M | 2025-Q2 |
| TWO SIGMA INVESTMENTS, LP | ADD | 928,033 | 1,497,423 | +61.4% | $115.6M | 2025-Q1 |
| FMR LLC | TRIM | 1,662,947 | 490,603 | -70.5% | $37.9M | 2025-Q1 |
| UBS Group AG | ADD | 137,905 | 234,791 | +70.3% | $18.1M | 2025-Q1 |
| RENAISSANCE TECHNOLOGIES LLC | EXIT | 36,000 | 0 | -100.0% | $0.00 | 2025-Q1 |
| NORGES BANK | EXIT | 693,570 | 0 | -100.0% | $0.00 | 2025-Q1 |
| CITADEL ADVISORS LLC | DOUBLED | 165,677 | 334,323 | +101.8% | $23.6M | 2024-Q4 |
| RENAISSANCE TECHNOLOGIES LLC | NEW | — | 36,000 | — | $2.5M | 2024-Q4 |
| MORGAN STANLEY | ADD | 1,307,321 | 1,803,646 | +38.0% | $135.9M | 2024-Q3 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | NEW | — | 1,588,355 | — | $119.7M | 2024-Q3 |
15 unique insiders with 4 transactions. Net insider value: $2.6M ($2.6M bought, $0.00 sold).
Insider Transactions
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| May 15, 2026 | RAKOLTA JOHN JR | Director | BUY | 20,000 | $74.57 | $1.5M |
| May 14, 2026 | Frankel Merrie S. | Director | A | 432 | $0.00 | $0.00 |
| May 14, 2026 | Agree Joey | PRESIDENT & CEO | BUY | 13,295 | $75.41 | $1.0M |
| May 14, 2026 | Lehmkuhl Greg | Director | A | 2,159 | $0.00 | $0.00 |
| May 14, 2026 | Lehmkuhl Greg | Director | BUY | 750 | $75.09 | $56.3K |
| May 14, 2026 | Rossi Jerome R | Director | A | 2,159 | $0.00 | $0.00 |
| May 14, 2026 | RAKOLTA JOHN JR | Director | A | 2,159 | $0.00 | $0.00 |
| May 14, 2026 | Judlowe Michael | Director | A | 2,159 | $0.00 | $0.00 |
| May 14, 2026 | Dearing Karen | Director | A | 2,159 | $0.00 | $0.00 |
| May 14, 2026 | He Linglong | Director | A | 2,159 | $0.00 | $0.00 |
| May 14, 2026 | Hollman Michael | Director | A | 2,159 | $0.00 | $0.00 |
| May 6, 2026 | Erlich Craig | CHIEF GROWTH OFFICER | G | 500 | $0.00 | $0.00 |
| Apr 1, 2026 | RAKOLTA JOHN JR | Director | BUY | 146 | $75.69 | $11.1K |
| Feb 23, 2026 | Breslin Stephen | CHIEF ACCOUNTING OFFICER | A | 2,521 | $0.00 | $0.00 |
| Feb 23, 2026 | Coughenour Peter | CHIEF FINANCIAL OFFICER | A | 8,510 | $0.00 | $0.00 |
| Feb 23, 2026 | Spehar Danielle M | GENERAL COUNSEL | A | 4,539 | $0.00 | $0.00 |
| Feb 23, 2026 | Erlich Craig | CHIEF GROWTH OFFICER | A | 5,673 | $0.00 | $0.00 |
| Feb 23, 2026 | AGREE RICHARD | EXECUTIVE CHAIRMAN OF BOARD | A | 8,069 | $0.00 | $0.00 |
| Feb 23, 2026 | Agree Joey | PRESIDENT & CEO | A | 24,584 | $0.00 | $0.00 |
| Feb 23, 2026 | Witteveen Nicole | CHIEF OPERATING OFFICER | A | 8,510 | $0.00 | $0.00 |
3 SEC filing reports analyzed. Sentiment: 1 bullish, 0 bearish, 0 mixed, 2 neutral. Avg impact: 4.0/10.
NEUTRAL
CLUSTER
3/10
CEO Joey Agree purchased $1.0M of ADC stock and director Greg Lehmkuhl bought $56K, alongside non-ca
May 18, 2026
BULLISH
CLUSTER
6/10
CEO Joey Agree and Director Greg Lehmkuhl made open-market purchases totaling ~$1.06M in ADC, with t
May 18, 2026
NEUTRAL
CLUSTER
3/10
CEO Joey Agree purchased $1.0M of ADC stock, and Director Greg Lehmkuhl bought $56K, both in open-ma
May 18, 2026
No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.
Current analyst consensus: Buy (63% buy). Based on 24 analysts: 6 strong buy, 9 buy, 9 hold, 0 sell, 0 strong sell.
Analyst Price Targets
$85.00 mean target
+12.6% upside
Buy (1.85)
$80.00 Low
$92.00 High
| Metric | Value |
|---|---|
| Current Price | $75.46 |
| Target Low | $80.00 |
| Target Mean | $85.00 |
| Target Median | $84.00 |
| Target High | $92.00 |
| # Analysts | 18 |
| Recommendation | Buy (1.85) |
Earnings Estimates & Revisions
| Period | EPS Avg | EPS Low | EPS High | EPS Growth | 30d Rev. | Up/Down | Rev. Avg | Rev. Growth | Analysts |
|---|---|---|---|---|---|---|---|---|---|
| Current Q 2026-06-30 |
$0.46 | $0.44 | $0.48 | 0.5% | -3.1% | 1↑ 1↓ | $0.2B | 17.8% | 3 |
| Next Q 2026-09-30 |
$0.47 | $0.45 | $0.48 | -0.5% | -3.6% | 0↑ 1↓ | $0.2B | 16.2% | 3 |
| Current FY 2026-12-31 |
$1.90 | $1.90 | $1.90 | 4.1% | -0.8% | 0↑ 1↓ | $0.8B | 16.9% | 1 |
| Next FY 2027-12-31 |
$1.96 | $1.74 | $2.08 | 2.8% | -2.1% | 0↑ 2↓ | $0.9B | 12.7% | 3 |
Current Quarter EPS Revision History
| Timepoint | EPS Estimate | Change |
|---|---|---|
| Current | $0.458 | |
| 7d ago | $0.473 | -0.015 |
| 30d ago | $0.473 | -0.015 |
| 60d ago | $0.494 | -0.036 |
| 90d ago | $0.481 | -0.023 |
12 analyst firms have rated this stock: 0 upgrades, 1 downgrades, 0 initiations.
Individual Analyst Actions
| Date | Analyst Firm | Action | Previous Rating | New Rating |
|---|---|---|---|---|
| May 19, 2026 | Barclays | MAINTAIN | Equal-Weight | Equal-Weight |
| May 13, 2026 | Mizuho | MAINTAIN | Neutral | Neutral |
| Apr 24, 2026 | Citigroup | MAINTAIN | Neutral | Neutral |
| Apr 23, 2026 | RBC Capital | MAINTAIN | Outperform | Outperform |
| Apr 22, 2026 | Baird | MAINTAIN | Outperform | Outperform |
| Apr 21, 2026 | Barclays | MAINTAIN | Equal-Weight | Equal-Weight |
| Apr 17, 2026 | BMO Capital | DOWNGRADE | Outperform | Market Perform |
| Mar 23, 2026 | Truist Securities | MAINTAIN | Buy | Buy |
| Mar 17, 2026 | Evercore ISI Group | MAINTAIN | Outperform | Outperform |
| Mar 17, 2026 | Raymond James | MAINTAIN | Strong Buy | Strong Buy |
| Mar 13, 2026 | Barclays | MAINTAIN | Equal-Weight | Equal-Weight |
| Mar 11, 2026 | Mizuho | MAINTAIN | Neutral | Neutral |
| Mar 9, 2026 | UBS | MAINTAIN | Buy | Buy |
| Feb 12, 2026 | RBC Capital | MAINTAIN | Outperform | Outperform |
| Feb 11, 2026 | Stifel | MAINTAIN | Buy | Buy |
| Jan 6, 2026 | RBC Capital | MAINTAIN | Outperform | Outperform |
| Dec 17, 2025 | Mizuho | MAINTAIN | Neutral | Neutral |
| Dec 15, 2025 | Evercore ISI Group | MAINTAIN | Outperform | Outperform |
| Dec 3, 2025 | Barclays | MAINTAIN | Equal-Weight | Equal-Weight |
| Nov 25, 2025 | Wells Fargo | MAINTAIN | Overweight | Overweight |
Monthly Consensus History
| Period | Strong Buy | Buy | Hold | Sell | Strong Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| May 1, 2026 | 6 | 9 | 9 | 0 | 0 | 63% | |
| Apr 1, 2026 | 6 | 10 | 8 | 0 | 0 | 67% | |
| Mar 1, 2026 | 6 | 10 | 8 | 0 | 0 | 67% | |
| Feb 1, 2026 | 6 | 10 | 8 | 0 | 0 | 67% | |
| Jan 1, 2026 | 7 | 10 | 8 | 0 | 0 | 68% |
Strong BuyBuyHoldSellStrong Sell
1 members of Congress traded this stock: 0 buys, 1 sells.
Congressional Trades
| Date | Member | Party | Chamber | Type | Amount | Asset | Disclosed |
|---|---|---|---|---|---|---|---|
| Jan 15, 2026 | Gilbert Cisneros | D | HOUSE | SELL | $15,001 - $50,000 | Agree Realty Corp | Feb 16, 2026 (33d) |
No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.
Apr 27, 2026
dark_pool
Dark Pool: ADC — 1.3M shares, 35,130 trades
Week starting 2026-04-27. Total ATS volume: 1,302,778 shares across 35,130 trades.
Apr 21, 2026
earnings_calendar
ADC Q1 2026 Earnings After Market Close — 2026-04-21
Apr 20, 2026
dark_pool
Dark Pool: ADC — 2.2M shares, 43,113 trades
Week starting 2026-04-20. Total ATS volume: 2,248,730 shares across 43,113 trades.
Apr 20, 2026
short_interest
FTD: ADC — 46,561 shares ($3.7M) failed to deliver
Settlement: 20260420, Price: $79.46, FTD Value: $3,699,737.06, AGREE REALTY CORP
Apr 13, 2026
dark_pool
Dark Pool: ADC — 1.5M shares, 32,125 trades
Week starting 2026-04-13. Total ATS volume: 1,531,129 shares across 32,125 trades.
Apr 8, 2026
short_volume
Short Volume: ADC — 69.8% short (0.4M / 0.6M)
Short: 385,192 | Exempt: 0 | TRF Vol: 551,938 | Short Ratio: 69.8% | Off-exchange volume (dark pool + OTC)
Apr 6, 2026
dark_pool
Dark Pool: ADC — 1.6M shares, 36,833 trades
Week starting 2026-04-06. Total ATS volume: 1,606,131 shares across 36,833 trades.
Mar 30, 2026
dark_pool
Dark Pool: ADC — 1.2M shares, 25,022 trades
Week starting 2026-03-30. Total ATS volume: 1,207,671 shares across 25,022 trades.
Mar 23, 2026
dark_pool
Dark Pool: ADC — 1.3M shares, 31,550 trades
Week starting 2026-03-23. Total ATS volume: 1,313,242 shares across 31,550 trades.
Mar 16, 2026
dark_pool
Dark Pool: ADC — 1.5M shares, 37,795 trades
Week starting 2026-03-16. Total ATS volume: 1,466,372 shares across 37,795 trades.
Mar 9, 2026
dark_pool
Dark Pool: ADC — 1.6M shares, 38,638 trades
Week starting 2026-03-09. Total ATS volume: 1,638,054 shares across 38,638 trades.
Mar 2, 2026
dark_pool
Dark Pool: ADC — 1.7M shares, 33,186 trades
Week starting 2026-03-02. Total ATS volume: 1,700,122 shares across 33,186 trades.
Feb 23, 2026
short_interest
FTD: ADC — 96,444 shares ($7.5M) failed to deliver
Settlement: 20260223, Price: $78.24, FTD Value: $7,545,778.56, AGREE REALTY CORP
Feb 23, 2026
dark_pool
Dark Pool: ADC — 1.0M shares, 28,164 trades
Week starting 2026-02-23. Total ATS volume: 997,095 shares across 28,164 trades.
Feb 19, 2026
short_interest
FTD: ADC — 83,641 shares ($6.4M) failed to deliver
Settlement: 20260219, Price: $76.69, FTD Value: $6,414,428.29, AGREE REALTY CORP