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How to Buy Agree Realty Stock

Agree Realty Corp

Agree Realty is a retail REIT company located in Michigan, United States, which is part of the Real Estate sector, and is traded under the ticker ADC on the NYSE exchange.

Agree Realty stock last closed at $58.05, down 0.55% from the previous day, and has decreased 13.12% in one year. It has underperformed other stocks in the REIT - Retail industry by 0.19 percentage points. Agree Realty stock is currently +10.17% from its 52-week low of $52.69, and -16.19% from its 52-week high of $69.26.

At the moment, there are 100.63M shares of ADC outstanding. The market capitalization of ADC is $5.84B. In the past 24 hours, 831,556 ADC shares were traded.

How to Buy Agree Realty Stock

Wondering how to invest in Agree Realty stock? Here's how.
  1. Decide where to buy Agree Realty stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Agree Realty stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your investment account: Select your payment method and add your info.
  4. Analyze Agree Realty stock: The Agree Realty ticker symbol is ADC. Is Agree Realty stock a good investment? Should you buy shares of ADC? How do ADC's underlying business fundamentals look? Do top analysts think Agree Realty is a good buy? Why has ADC's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if ADC is a good stock to buy).
  5. Make your ADC trade: Decide if you will purchase ADC shares at the current market price or use a limit order to buy ADC stock at a specific price.
  6. Get the latest news on your ADC investment: Create a watchlist to important notifications about your new investment in Agree Realty shares.

Step 1: Decide where to buy Agree Realty stock

You need an online brokerage account in order to access the NYSE market and buy ADC stock.

A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've selected your brokerage, you'll need to fill out some personal details so you are able to buy ADC stock today.

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  2. Input your personal details to open a new trading account.
  1. Submit your information by hitting the "Create Account" button.
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Step 3: Deposit funds into your investment account

Now that you have filled out your info on app for stock, you can securely and quickly fund your account:

Check out the video below for more details transferring funds into your brokerage account.

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Step 4: Analyze Agree Realty stock

After you have decided on the best place to buy Agree Realty stock, it's important to evaluate their stock before you invest, so you truly understand the risk as well as the opportunity.

Overview of key ADC info

ADC Price
$58.05
1w %
3.98%
1y %
-13.12%
5y %
-13.16%
P/E
34.15x
P/B
1.13x
P/S
10.39x
PEG
0.85x
Revenue
$560.33M
Earnings
$165.77M
Fore. Rev. Growth
11.17%
Fore. Earn. Growth
40.35%
Market Cap
$5.84B
Next Earnings
N/A
Next Dividend
May 14, 2024

Agree Realty Zen Score

WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on ADC's stock page.

Is ADC stock undervalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge ADC's intrinsic value.

Using relative valuations metrics:

  • ADC could be undervalued based on its P/E ratio of 34.15x, relative to REIT - Retail industry P/E ratio of 34.73x
  • ADC may be undervalued based on its P/B ratio of 1.13x, relative to REIT - Retail industry P/B ratio of 1.97x
  • ADC could be undervalued based on its PEG ratio of 0.85x

You can access more valuation research on ADC's stock here.

ADC Financial Overview

Pros:

  • Total ADC debt is lower than 5 years ago, relative to shareholder equity.

Cons:

  • ADC has a relatively high debt to equity ratio of 0.52.
  • ADC profit margin has gone down from 32.9% to 29.6% in the past year.

Is ADC stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 8 Equities analysts who give forecasts on ADC, the consensus analyst rating on ADC is a Buy

It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.

Latest ADC Analyst Recommendations

Eric Borden, a bottom 22% analyst from BMO Capital initiates coverage on ADC with a buy rating and announces their ADC price target of $69.00, on Feb 13, 2024.

Mitch Germain, a bottom 13% analyst from JMP Securities upgrades ADC to a buy rating and announces their ADC price target of $71.00, on Jan 22, 2024.

Nate Crossett, a top 27% analyst from Exane BNP Paribas downgrades ADC to a hold rating and announces their ADC price target of $64.00, on Dec 13, 2023.

You can dig deeper into what analysts are saying on the Agree Realty stock forecast page.

ADC Technical Indicators

SMA10
56.53
SMA20
56.69
SMA50
56.61
SMA100
58.78
SMA200
59.22
MACD
0.18
MACD Signal
-0.07
MACD Histogram
0.26
RSI
58.27
Stochastic %K
80.98
Stochastic %D
70.88
StochRSI %K
88.08
StochRSI %D
77.21

ADC Growth Metrics

Last year, ADC earnings were $165.77M. Over the past five year, ADC's earnings have grown by -0.8% per year. This was slower than the REIT - Retail industry average of 1.89%.

Last year, ADC revenue was $560.33M. During the past 5 year, ADC's revenue has grown by 30.64% per year. This was faster than the REIT - Retail industry average of 11.54%.

Dive into ADC's earnings and revenue performance here.

Who is buying/selling ADC?

In the last year, executives and large shareholders at ADC have bought more shares than they have sold.

Stephen Breslin, CHIEF ACCOUNTING OFFICER of ADC, was the latest ADC insider to buy. They bought $24,898.50 worth of ADC stock on Mar 14, 2024.

Dig into more about who owns ADC shares here.

Can I rely on ADC as an income stream?

Agree Realty pays a dividend of 5.06%, compared to the REIT - Retail industry's average dividend yield of 4.57%. If you owned $1,000 of ADC stock, you would have been paid $50.65 last year.

Agree Realty dividend payments have not consistently grown over the past decade and have not remained stable.

Get more data about Agree Realty dividend yield and history here.

Get opinions from other traders

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Make your ADC trade

There are two primary options:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly sufficient.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a specific dollar amount limit, use a limit order.

Click the Open Trade button and your broker will place the order.

If you need more assistance investing in stocks on eToro, watch the helpful video below:

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Step 6: Get the latest news on your ADC investment

Now that you own some ADC shares, you'll want to keep up with your new investment.

Create a watchlist to get notified of the latest news about your ADC stock.

ADC Feed

How to Buy Stock in Agree Realty

To reiterate, here are the 6 steps for buying Agree Realty stock:

  1. Decide where to buy Agree Realty stock
  2. Create a brokerage account
  3. Deposit funds into your investment account
  4. Analyze Agree Realty stock
  5. Make your ADC trade
  6. Get the latest news on your ADC investment

If you require a place to buy stocks, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep an eye on your investment in Agree Realty, add ADC to your watchlist by clicking the button below.

NYSE: ADC
$58.05-0.32 (-0.55%)
Updated Apr 25, 2024
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NYSE: ADC
$58.05-0.32 (-0.55%)
Updated Apr 25, 2024
Open eToro Account

FAQ

How much does it cost to buy one Agree Realty share?

As of Apr 25, 2024, it costs $58.05 to buy one share of Agree Realty stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.172 shares of ADC.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Agree Realty stock?

According to 8 Wall Street analysts who monitor Agree Realty, their consensus recommendation is to buy Agree Realty stock.

What is the best way to buy Agree Realty stock?

One way to place an order for Agree Realty stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.