15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 14 firms covering Agree Realty Corporation, 10 rate it Buy or better, 4 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets are tightly clustered, $80.00 to $91.00, so the covering firms are broadly aligned. The average target of $84.36 sits 4% above the current $81.15. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 9 to 10 over recent months. On the fundamentals, the Street sees revenue growth near 17% this year and 13% next, consensus EPS building from about $0.47 next quarter toward $1.93 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS14 ratings
Strong Buy
Strong Buy17%
Buy964%
Hold429%
Sell00%
Strong Sell00%
Based on 14 analysts giving stock ratings to Agree Realty Corporation.
As of Jul, 10 of 14 firms rate ADC a Buy (4 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
ADC EPS & revenue forecast
EPS · NEXT QUARTER
$0.47
Range $0.45 – $0.48 · 4 analysts · +0% YoY
Next period, 4 analysts expect Agree Realty Corporation to earn $0.47 a share (range $0.45 – $0.48), versus $0.47 a year earlier. Full-year consensus is $1.92, growing to $1.93 the year after.
REVENUE · NEXT QUARTER
$213.3M
Range $201.9M – $219.9M · 4 analysts · +16% YoY
Revenue is expected to reach $213.3M (range $201.9M – $219.9M), +16.0% year-over-year. Full-year consensus is $841.5M, rising to $951.1M next year.
Top analysts covering Agree Realty Corporation
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on ADC.
#1
RJ Milligan
Raymond James · Rank #80
Buy
$90.00+10.9% to target
Overall win rate
46%
+ Follow
#2
Mitch Germain
JMP Securities · Rank #121
Hold
No targeton ADC
Overall win rate
44%
+ Follow
#3
Michael Lewis
Truist Securities · Rank #178
Buy
$82.00+1.0% to target
Overall win rate
41%
+ Follow
#4
Richard Hightower
Barclays
Hold
$85.00+4.7% to target
Coverage
—
+ Follow
#5
HS
Haendel St. Juste
Mizuho
Hold
$80.00-1.4% to target
Coverage
—
+ Follow
ADC stock forecast FAQ
What is ADC's average 12-month price target?+
The 14 analysts with a live target average $84.36 for Agree Realty Corporation over the next 12 months, ranging from a $91.00 high to a $80.00 low.
Is ADC stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 14 analyst ratings, 10 are Buy or Strong Buy, 4 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for ADC?+
The Street-high target is $91.00 (UBS), and the Street-low is $80.00 (Mizuho). The average of all 14 active targets is $84.36.
How many Wall Street analysts cover ADC?+
14 analysts have an active rating on Agree Realty Corporation, and 14 firms carry a live 12-month price target.
Who is the most accurate analyst covering ADC?+
Among analysts who currently cover ADC, RJ Milligan of Raymond James has the strongest overall Quantellect track record (Rank #80). Their current call is Buy with a $90.00 target.
What is Agree Realty Corporation's projected EPS for next quarter?+
The consensus estimate is $0.47 per share (range $0.45 – $0.48) across 4 analysts. Full-year EPS is projected at $1.92, rising to $1.93 the following year.
How much revenue is Agree Realty Corporation expected to report next quarter?+
Consensus revenue is $213.3M (range $201.9M – $219.9M). Full-year revenue is projected at $841.5M, growing to $951.1M next year.
Have analysts been upgrading or downgrading ADC lately?+
As of Jul, 10 of 14 firms rate ADC a Buy (4 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their ADC calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
