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Upturn AI Summary - About
Agree Realty Corporation(ADC)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for ADC
09/24/2026: ADC (1-star) is currently NOT-A-BUY. Pass it for now.
Agree Realty Corporation is a specialized REIT known for its high-quality portfolio of net-leased retail properties, typically occupied by leading national retailers. The company's primary strength lies in its disciplined capital allocation, strong balance sheet, and a growing concentration of investment-grade tenants. Its core investment story centers on capturing long-term, inflation-protected rent growth while expanding its defensive ground lease platform. Primary risks involve interest rate volatility and potential retail industry disruption from e-commerce trends. The stock is best suited for dividend-focused and value-oriented investors seeking reliable, risk-adjusted income, and market participants should monitor the company's acquisition pipeline and interest rate environment as key developments.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | While the company grows, it is fundamentally a yield-focused income vehicle rather than a high-growth play. |
| Momentum investor | Weak fit | The stock tends to move based on interest rate cycles and dividend yield, not speculative momentum. |
| Value investor | Strong fit | The company offers a stable, well-managed real estate portfolio often trading at reasonable valuations relative to historical averages. |
| Dividend investor | Strong fit | Agree Realty provides consistent, reliable dividend income backed by long-term leases. |
| Low-risk investor | Strong fit | The portfolio's high-quality tenant base and net-lease structure mitigate many operational risks. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium | The share price is often sensitive to broader interest rate movements. |
| Valuation risk | Medium | REIT valuations can fluctuate based on cap rate compression or expansion. |
| Competition risk (Retail REIT landscape) | Medium / high | The company competes with massive entities for high-quality, net-lease assets. |
| Business quality | Strong | The high percentage of investment-grade tenants provides a defensive moat. |
| Dividend income | Low | The dividend is considered stable due to the predictable nature of long-term net leases. |
| Execution risk | Low | Management has a long track record of disciplined capital allocation. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Very Smooth
The stock has followed a highly orderly price path with minimal short-term disruption.
Analysis of Past Performance
Type Stock | Historic Profit 6.64% | Avg. Invested days 53 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 09/24/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 8.37B USD | Price to earnings Ratio 36.28 | 1Y Target Price 84.17 |
Price to earnings Ratio 36.28 | 1Y Target Price 84.17 | ||
Volume (30-day avg) 1.6M shares | Beta 0.46 | 52 Weeks Range 66.50 - 81.22 | Updated Date 09/24/2026 |
52 Weeks Range 66.50 - 81.22 | Updated Date 09/24/2026 | ||
Dividends yield (FY) 4.67% | Basic EPS (TTM) 1.85 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Rental Revenue | Income from long-term net leases with national and regional retail tenants. | Most of the company's money comes from predictable rent collected from big-name retailers. |
| Geography | Diversified US-wide retail properties. | The company is not reliant on any single local economy, reducing regional risk. |
Valuation
Trailing PE 36.28 | Forward PE 35.09 | Enterprise Value 12.43B | Price to Sales(TTM) 10.74 |
Enterprise Value 12.43B | Price to Sales(TTM) 10.74 | ||
Enterprise Value to Revenue 15.94 | Enterprise Value to EBITDA 18.37 | Shares Outstanding 124.38M | Shares Floating 121.84M |
Shares Outstanding 124.38M | Shares Floating 121.84M | ||
Percent Insiders 1.77 | Percent Institutions 117.75 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Agree Realty Corporation
Exchange NYSE | Headquarters Royal Oak, MI, United States | ||
IPO Launch date 1994-04-15 | President, CEO & Director Mr. Joel N. Agree J.D. | ||
Sector Real Estate | Industry REIT - Retail | Full time employees 90 | Website https://www.agreerealty.com |
Full time employees 90 | Website https://www.agreerealty.com | ||
Agree Realty Corporation is a publicly traded real estate investment trust. The Firm is Rethinking Retail through the acquisition and development of properties net leased to industry-leading, omni-channel retail tenants. As of June 30, 2026, the Company owned and operated a portfolio of 2,825 properties, located in all 50 states and containing approximately 59.6 million square feet of gross leasable area. Agree Realty Corporation was incorporated in 1971 and is based in Royal Oak, United States.
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