Peter Coughenour Purchases 500 Shares of Agree Realty (NYSE:ADC) Stock

January 14, 2026 by InsiderTrades.com

Key Points

CFO Peter Coughenour bought 500 shares at an average price of $69.80, raising his stake to 18,544 shares (≈$1.29M), and the chairman also purchased 24,000 shares — a pattern of recent purchases that signals insider confidence.
Agree declared a monthly dividend of $0.262 (annualized $3.144) payable Feb. 13, 2026, implying a ~4.4% yield, though the payout ratio is very high at 183.63%, which could be a sustainability concern.
The company gave FY2025 EPS guidance of 4.310–4.330 (analyst consensus ~4.27) and has an average analyst target of $80.23, while the stock trades in the low $70s with a P/E around 41.7.

Agree Realty Corporation (NYSE:ADC - Get Free Report) CFO Peter Coughenour bought 500 shares of the firm's stock in a transaction that occurred on Friday, January 9th. The shares were purchased at an average cost of $69.80 per share, for a total transaction of $34,900.00. Following the purchase, the chief financial officer owned 18,544 shares in the company, valued at $1,294,371.20. This represents a 2.77% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Agree Realty Stock Performance

3 Stocks to Buy After Heavy Insider Buying

NYSE ADC opened at $71.36 on Wednesday. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.68 and a quick ratio of 0.68. The company has a market cap of $8.20 billion, a P/E ratio of 41.73, a P/E/G ratio of 2.22 and a beta of 0.55. The stock has a 50-day moving average of $72.80 and a two-hundred day moving average of $72.69. Agree Realty Corporation has a 1-year low of $68.98 and a 1-year high of $79.65.

Agree Realty (NYSE:ADC - Get Free Report) last posted its quarterly earnings data on Tuesday, October 21st. The real estate investment trust reported $1.10 EPS for the quarter, beating the consensus estimate of $1.08 by $0.02. Agree Realty had a net margin of 28.11% and a return on equity of 3.52%. The business had revenue of $183.22 million during the quarter, compared to analyst estimates of $181.87 million. During the same quarter last year, the firm posted $1.03 earnings per share. The business's revenue for the quarter 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. As a group, analysts anticipate that Agree Realty Corporation will post 4.27 EPS for the current year.

Agree Realty Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, February 13th. Shareholders of record on Friday, January 30th will be paid a $0.262 dividend. The ex-dividend date is Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 4.4%. Agree Realty's payout ratio is 183.63%.

Institutional Investors Weigh In On Agree Realty

Several hedge funds and other institutional investors have recently made changes to their positions in ADC. Westwood Holdings Group Inc. acquired a new position in Agree Realty in the second quarter valued at approximately $65,376,000. Norges Bank purchased a new stake in shares of Agree Realty during the 2nd quarter worth approximately $65,030,000. JPMorgan Chase & Co. boosted its holdings in shares of Agree Realty by 65.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,016,722 shares of the real estate investment trust's stock valued at $143,268,000 after buying an additional 799,185 shares in the last quarter. Duff & Phelps Investment Management Co. boosted its holdings in shares of Agree Realty by 311.0% in the 3rd quarter. Duff & Phelps Investment Management Co. now owns 838,570 shares of the real estate investment trust's stock valued at $59,572,000 after buying an additional 634,520 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Agree Realty by 532.1% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 714,772 shares of the real estate investment trust's stock valued at $50,777,000 after buying an additional 601,689 shares during the last quarter. Institutional investors and hedge funds own 97.83% of the company's stock.

Trending Headlines about Agree Realty

Here are the key news stories impacting Agree Realty this week:

Positive Sentiment: Board approved a higher monthly common dividend of $0.262 per share (annualized $3.144), a 3.6% increase vs. the prior annualized rate; payable Feb 13, 2026 — boosts income appeal for dividend investors. Agree Realty Declares Monthly Common and Preferred Dividends
Positive Sentiment: Chairman Richard Agree purchased 24,000 shares (~$1.7M) at about $70.67, increasing his stake materially — strong insider conviction that can signal management confidence in the shares. Chairman Form 4 (SEC)
Positive Sentiment: CFO Peter Coughenour also bought shares (500 at ~$69.80), modest but consistent with a trend of only insider purchases over recent months — supports confidence in near-term outlook. CFO Insider Purchase
Positive Sentiment: Short interest plunged ~46.7% in December to ~4.97M shares (≈4.4% of float) with a ~3.9 days-to-cover — reduced short pressure can remove a near-term headwind and lower volatility risk from forced squeezes. No external link
Positive Sentiment: Evercore ISI reaffirmed a buy/outperform view recently — another institutional analyst vote of confidence amid the company's heavy 2025 investment activity and stable cash flow fundamentals. Evercore ISI Reaffirms Buy
Neutral Sentiment: Social and data summaries highlight Agree Realty’s large $1.55B 2025 investment across 338 properties and >$2B liquidity — viewed positively for growth, but investors debate execution and capital allocation. Quiver Quant Investment Surge Coverage
Negative Sentiment: Some outlets have flagged recent analyst downgrades/negative ratings (e.g., a "sell" cut reported by one research aggregator), which can weigh on sentiment despite the majority of recent analyst ratings remaining favorable. WallStreetZen Rating Change

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on ADC. Wells Fargo & Company lifted their target price on Agree Realty from $81.00 to $83.00 and gave the company an "overweight" rating in a report on Tuesday, November 25th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Agree Realty in a research note on Wednesday, October 8th. Stifel Nicolaus set a $83.50 price objective on Agree Realty in a research report on Tuesday, November 25th. Wall Street Zen cut shares of Agree Realty from a "hold" rating to a "sell" rating in a report on Sunday. Finally, 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 note on Friday, October 24th. Eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $80.23.

View Our Latest Research 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.