Agree Realty moves this week on a mix of financing and analyst attention. The company completed an underwritten public offering of $400 million in 5.650% senior unsecured notes due 2036, netting about $390.1 million to support its financing strategy and liquidity. Separately, brokerages continue to carry a "Moderate Buy" consensus recommendation, with an average 12-month price target of $83.25, following a quarter in which revenue of $216.33 million exceeded estimates while EPS missed expectations. The stock also touched a new 52-week low of $67.49 during the period, and a monthly dividend of $0.2670 per share is set with an ex-dividend date of September 30th.
The stock closes at $67.30, down 0.3%, sitting below both its 50-day average of $73.87 and 200-day average of $75.18, with the 50-day itself below the 200-day. Trailing returns are negative across the 1-month (-8.1%), 3-month (-12.5%), 6-month (-9.6%) and 1-year (-4.6%) windows. The GekkoIndex reads 74.2, placing it in the Buying zone, while the gap to Gekko Fair Value of $105.69 stands at -36.3%.
Over the next 20 trading days, ADC reports earnings on 20 October 2026, falling inside that window. In the last 90 days there have been 5 open-market insider purchases totaling $4,132,872. Seasonality from this point in the calendar has averaged a 2.5% gain over 5 years, positive in 4 of them. The consensus among 10 covering firms shows 8 buy and 2 hold ratings, with a consensus target of $83.83.
Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.
Agree Realty scores 4 supportive, 0 mixed and 2 headwinds across the 6 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
4 supportive0 mixed2 headwinds
Below 50 and 200-day
Close $67.30 is below the 50-day ($73.87) and 200-day ($75.18) averages, and the 50-day is below the 200-day.
See the chart74.2, Buying
Reading 74.2 is in the Buying zone.
See the GekkoIndex36.3% below
Price is 36.3% below Gekko Fair Value (more than 5% below).
See fair valueLeans bullish
Last 90 days: 5 open-market insider purchases.
See smart moneyReports in 21 days
Reports on Oct 20, 2026, 21 days away — inside a typical 20-trading-day hold.
See earnings+2.5% on average
From this point in the calendar, the next 20 trading days averaged +2.5% over 5 years, rising in 4 of them.
See seasonalityA description of current data, not a recommendation. How this page works
Agree Realty closed at $67.30 on Sep 28, 2026, −4.6% over the past year, inside a 52-week range of $66.50 to $82.08.
Use the left and right arrow keys to read daily values.
Put ADC on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.
Agree Realty is a real estate investment trust that buys and develops commercial properties, then leases them out under net-lease arrangements. Its tenant base is drawn from companies operating in the retail space, and the company has become known for building up a wide-reaching portfolio of these leased retail sites across the country.
The business is structured around owning and expanding this collection of properties rather than operating stores itself, generating income through the rent its retail tenants pay under net-lease terms. This model ties its revenue to long-term lease agreements with retail operators rather than to running commercial operations directly.
Common stock of Agree Realty trades on the New York Stock Exchange under the ticker ADC.
Agree Realty’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 74.2, in the Buying zone, down 3.2 points over five sessions.
Down 3.2 points over five sessions.
Reading for Sep 28, 2026
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying (current zone) | 18 | +0.7% | +5.2% | ||
| Accumulation | 197 | +0.4% | +0.8% | ||
| Neutral | 376 | 0.0% | +0.6% | ||
| Distribution | 34 | +0.8% | +2.5% | ||
| Selling | 0 | Not available | |||
Average ADC share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Buying readings averaged +3.2% over 20 days. Past behaviour doesn’t guarantee future results.
Buying zone: Smart money likely accumulating heavily. About the five zones →
Agree Realty trades 36.3% below Gekko Fair Value of $105.69, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Agree Realty shares are worth, recalculated every trading day.
$105.69
Gekko Fair Value, Sep 29, 2026
36.3% Undervalued
Insiders filed 5 open-market purchases in Agree Realty worth $4.13M, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
$4.13Min 5 open-market purchases
| Filed | Insider | Type | Value |
|---|---|---|---|
| Sep 23 | Erlich Craig officer: CHIEF GROWTH OFFICER | Purchase | $68K |
| Sep 17 | RAKOLTA JOHN JR director | Purchase | $1.38M |
| Sep 17 | Agree Joey director, officer: PRESIDENT & CEO | Purchase | $501K |
| Sep 2 | RAKOLTA JOHN JR director | Purchase | $724K |
| Aug 31 | RAKOLTA JOHN JR director | Purchase | $1.46M |
From Form 4 filings, dated to when each was filed.
No trades in ADC were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Agree Realty has been buying back its own shares.
From company filings.
0of the funds Gekko tracks hold ADC.
Agree Realty reports on Oct 20, 2026 (21 days away), and beat the EPS estimate in 4 of its last 8 reports.
Oct 20, 2026
21 days away
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Jul 30, 2026 | $1.14 est $1.11 | $205.1M est $204.5M | −3.2% |
| Apr 21, 2026 | $0.49 est $0.48 | $200.8M est $195.9M | −3.6% |
| Feb 10, 2026 | $0.47 est $0.47 | $190.5M est $185.7M | +1.9% |
| Oct 21, 2025 | $1.10 est $1.08 | $183.2M est $190.0M | −0.8% |
| Jul 31, 2025 | $0.44 est $0.45 | $175.5M est $173.2M | +1.1% |
| Apr 22, 2025 | $0.42 est $0.42 | $169.2M est $164.6M | −1.9% |
| Feb 11, 2025 | $1.04 est $0.43 | $160.7M est $159.1M | −1.9% |
| Oct 22, 2024 | $1.03 est $1.03 | $154.3M est $154.7M | +2.3% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Analysts’ average 12-month price target for Agree Realty is $83.83, +24.6% from the last close, from 10 firms rating the stock in the last 90 days.
Each firm’s latest rating in the last 90 days: 10 firms.
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 22 | Stifel Nicolaus | $81.50 | +21.1% |
| Sep 21 | Bank of America Securities | — | — |
| Sep 21 | Evercore ISI | $85 | +26.3% |
| Sep 18 | Stifel Nicolaus | $81.50 | +21.1% |
| Sep 16 | Mizuho Securities | $72 | +7.0% |
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Over the next 20 trading days from Sep 29, Agree Realty averaged +2.5% across the last 5 years, rising in 4 of them.
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | −0.8% | 1 of 5 |
| Next 10 trading days | +0.8% | 3 of 5 |
| Next 15 trading days | +2.0% | 3 of 5 |
| Next 20 trading days | +2.5% | 4 of 5 |
| Next 30 trading days | +3.8% | 5 of 5 |
For scale, ADC’s typical 20-trading-day move in either direction is about 3.5%.
Agree Realty’s market cap is $8.08B, with a P/E ratio of 36.3 and revenue of $779.6M over the last twelve months.
Coverage of Agree Realty this week reads positive: 2 positive, 0 neutral and 1 negative headlines.
Agree Realty’s market cap is $8.08B at the Sep 28, 2026 close of $67.30, with 124.4M shares outstanding. The shares trade on a P/E ratio of 36.3.
The consensus analyst 12-month price target for Agree Realty is $83.83, +24.6% from the last close. Of the 10 firms that rated the stock in the last 90 days, 8 rate it a buy, 2 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
On Gekko’s estimate Agree Realty is undervalued: the Sep 28, 2026 close of $67.30 is 36.3% below Gekko Fair Value of $105.69. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
Agree Realty is expected to report on Oct 20, 2026 (21 days away). Analysts expect earnings of $0.48 per share on revenue of $211.5M. Agree Realty beat the earnings estimate in 4 of its last 8 reports, moving 2.1% on average across the report.
Agree Realty’s 52-week high is $82.08 and its 52-week low is $66.50; it closed at $67.30 on Sep 28, 2026, −4.6% over the past year.
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 6 items with data read as supportive (gekkoindex, fair value, smart money and seasonality) and 2 as headwinds (trend and earnings risk). The checklist is a description of current data, not a recommendation.
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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