Insider Buying: Agree Realty (NYSE:ADC) Chairman Buys 24,000 Shares of Stock

January 13, 2026 by InsiderTrades.com

Key Points

Insider purchase: Chairman Richard Agree bought 24,000 shares on Jan. 9 at an average price of $70.67 for about $1.70 million, increasing his stake 17.67% to 159,855 shares (filed with the SEC).
Dividend announced: Agree Realty declared a monthly dividend of $0.262 per share payable Jan. 15 to holders of record Dec. 31, implying a ~4.4% yield and a dividend payout ratio of 183.63%.
Recent results and outlook: The REIT reported Q EPS of $1.10 (beats), set FY2025 guidance of $4.31–$4.33 EPS, and trades with a market cap of ~$8.2B and a P/E of 41.73 while the consensus rating is a "Moderate Buy" with an average target of $80.23.

Agree Realty Corporation (NYSE:ADC - Get Free Report) Chairman Richard Agree purchased 24,000 shares of Agree Realty stock in a transaction dated Friday, January 9th. The stock was bought at an average cost of $70.67 per share, for a total transaction of $1,696,080.00. Following the completion of the purchase, the chairman directly owned 159,855 shares in the company, valued at approximately $11,296,952.85. This trade represents a 17.67% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Agree Realty Stock Performance

3 Stocks to Buy After Heavy Insider Buying

NYSE:ADC opened at $71.35 on Tuesday. Agree Realty Corporation has a fifty-two week low of $68.10 and a fifty-two week high of $79.65. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.68 and a current ratio of 0.68. The company has a 50 day moving average price of $72.82 and a 200 day moving average price of $72.70. The stock has a market capitalization of $8.20 billion, a P/E ratio of 41.73, a PEG ratio of 2.19 and a beta of 0.55.

Agree Realty (NYSE:ADC - Get Free Report) last released its quarterly earnings results on Tuesday, October 21st. The real estate investment trust reported $1.10 EPS for the quarter, topping analysts' consensus estimates of $1.08 by $0.02. Agree Realty had a return on equity of 3.52% and a net margin of 28.11%.The company had revenue of $183.22 million for the quarter, compared to analysts' expectations of $181.87 million. During the same period in the prior year, the firm earned $1.03 earnings per share. The firm's revenue was up 18.7% compared to the same quarter last year. Agree Realty has set its FY 2025 guidance at 4.310-4.330 EPS. Equities research analysts forecast that Agree Realty Corporation will post 4.27 EPS for the current year.

Agree Realty Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, January 15th. Investors of record on Wednesday, December 31st will be issued a dividend of $0.262 per share. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date is Wednesday, December 31st. Agree Realty's dividend payout ratio (DPR) is 183.63%.

Hedge Funds Weigh In On Agree Realty

Several large investors have recently bought and sold shares of the business. Farther Finance Advisors LLC lifted its holdings in Agree Realty by 408.0% during the 2nd quarter. Farther Finance Advisors LLC now owns 381 shares of the real estate investment trust's stock worth $28,000 after buying an additional 306 shares during the last quarter. Westside Investment Management Inc. lifted its stake in Agree Realty by 100.0% during the third quarter. Westside Investment Management Inc. now owns 430 shares of the real estate investment trust's stock worth $31,000 after purchasing an additional 215 shares during the last quarter. Wiser Advisor Group LLC acquired a new position in Agree Realty in the third quarter valued at approximately $32,000. Cornerstone Planning Group LLC increased its stake in Agree Realty by 1,513.3% in the third quarter. Cornerstone Planning Group LLC now owns 484 shares of the real estate investment trust's stock valued at $34,000 after purchasing an additional 454 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in Agree Realty by 158.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 580 shares of the real estate investment trust's stock worth $42,000 after purchasing an additional 356 shares in the last quarter. Hedge funds and other institutional investors own 97.83% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on ADC shares. Wall Street Zen cut shares of Agree Realty from a "hold" rating to a "sell" rating in a research report on Sunday. Truist Financial decreased their price target on shares of Agree Realty from $84.00 to $82.00 and set a "buy" rating for the company in a research report on Friday, October 24th. Stifel Nicolaus set a $83.50 price target on shares of Agree Realty in a research note on Tuesday, November 25th. Evercore ISI reduced their price objective on Agree Realty from $85.00 to $83.00 and set an "outperform" rating on the stock in a research note on Monday, December 15th. Finally, Barclays lifted their target price on Agree Realty from $77.00 to $78.00 and gave the company an "equal weight" rating in a report on Wednesday, December 3rd. Eight equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $80.23.

Check Out Our Latest Report on ADC

Agree Realty Company Profile

(Get Free Report)

Agree Realty Corporation (NYSE: ADC) is a publicly traded real estate investment trust headquartered in Chicago, Illinois. Founded in 1971, the company converted to a REIT structure in 2013 and focuses on acquiring, developing and managing a diversified portfolio of retail properties under long-term, triple-net (NNN) leases. Its tenant roster spans national and regional retailers in sectors such as grocery, home improvement, convenience and specialty retail.

Agree Realty's primary business activities include sourcing and underwriting new property acquisitions, originating build-to-suit projects and executing value-add redevelopment programs.