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NYSE: ADC
Agree Realty Corp Stock Forecast, Predictions & Price Target

Analyst price target for ADC

Based on 8 analysts offering 12 month price targets for Agree Realty Corp.
Min Forecast
$60.00+3.36%
Avg Forecast
$65.81+13.37%
Max Forecast
$71.00+22.31%

Should I buy or sell ADC stock?

Based on 8 analysts offering ratings for Agree Realty Corp.
Buy
Strong Buy
3 analysts 37.5%
Buy
3 analysts 37.5%
Hold
2 analysts 25%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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ADC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-07
lockedlocked$00.00+00.00%2024-02-27
lockedlocked$00.00+00.00%2024-02-20
lockedlocked$00.00+00.00%2024-02-15
lockedlocked$00.00+00.00%2024-02-14
BMO Capital
Bottom 22%
22
BuyInitiates Coverage On$69.00+18.86%2024-02-13
JMP Securities
Bottom 13%
13
BuyUpgrades$71.00+22.31%2024-01-22
Exane BNP Paribas
Top 27%
74
HoldDowngrades$64.00+10.25%2023-12-13

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Forecast return on equity

Is ADC forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.16%

Forecast return on assets

Is ADC forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

ADC revenue forecast

What is ADC's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$609.2M+8.73%
Avg 2 year Forecast
$677.7M+20.95%
Avg 3 year Forecast
$777.8M+38.82%
ADC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ADC earnings growth forecast

How is ADC forecast to perform vs REIT - Retail companies and vs the US market?
Company
40.35%
Industry
36.92%
Market
21.46%
ADC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
ADC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
ADC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

ADC revenue growth forecast

How is ADC forecast to perform vs REIT - Retail companies and vs the US market?
Company
11.17%
Industry
4.14%
Market
9.92%
ADC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ADC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ADC vs Retail REIT Stocks

TickerPricePrice TargetUp/downsideConsensus
ADC$58.05$65.81+13.37%Buy
BRX$21.77$24.14+10.90%Buy
KRG$21.40$24.67+15.27%Buy
NNN$41.03$42.00+2.36%Hold
PECO$32.93$36.50+10.84%Hold

Agree Realty Stock Forecast FAQ

Is Agree Realty Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: ADC) stock is to Buy ADC stock.

Out of 8 analysts, 3 (37.5%) are recommending ADC as a Strong Buy, 3 (37.5%) are recommending ADC as a Buy, 2 (25%) are recommending ADC as a Hold, 0 (0%) are recommending ADC as a Sell, and 0 (0%) are recommending ADC as a Strong Sell.

If you're new to stock investing, here's how to buy Agree Realty stock.

What is ADC's revenue growth forecast for 2024-2026?

(NYSE: ADC) Agree Realty's forecast annual revenue growth rate of 11.17% is forecast to beat the US REIT - Retail industry's average forecast revenue growth rate of 4.14%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.92%.

Agree Realty's revenue in 2024 is $560,330,000.On average, 5 Wall Street analysts forecast ADC's revenue for 2024 to be $61,306,157,567, with the lowest ADC revenue forecast at $58,233,242,367, and the highest ADC revenue forecast at $63,685,156,230. On average, 5 Wall Street analysts forecast ADC's revenue for 2025 to be $68,198,431,249, with the lowest ADC revenue forecast at $58,466,694,566, and the highest ADC revenue forecast at $76,224,155,610.

In 2026, ADC is forecast to generate $78,269,981,759 in revenue, with the lowest revenue forecast at $75,781,401,439 and the highest revenue forecast at $83,104,957,934.

What is ADC's forecast return on assets (ROA) for 2024-2027?

(NYSE: ADC) forecast ROA is N/A, which is lower than the forecast US REIT - Retail industry average of N/A.

What is ADC's Price Target?

According to 8 Wall Street analysts that have issued a 1 year ADC price target, the average ADC price target is $65.81, with the highest ADC stock price forecast at $71.00 and the lowest ADC stock price forecast at $60.00.

On average, Wall Street analysts predict that Agree Realty's share price could reach $65.81 by Mar 7, 2025. The average Agree Realty stock price prediction forecasts a potential upside of 13.37% from the current ADC share price of $58.05.

What is ADC's forecast return on equity (ROE) for 2024-2027?

(NYSE: ADC) forecast ROE is N/A, which is considered weak.
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