Agree Realty Corp [NYSE: ADC] plunged by -$0.93 during the normal trading session on while it closed the day at $76.29.
Agree Realty Corp stock has also loss -2.14% of its value over the past 7 days. However, ADC stock has inclined by 6.74% in the 3 months of the year. Over the past six months meanwhile, it has gained 1.75% and gained 8.29% year-on date.
The market cap for ADC stock reached $8.39 billion, with 110.02 million shares outstanding and 107.97 million shares in the current float. Compared to the average trading volume of 1.26M shares, ADC reached a trading volume of 3518398 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Agree Realty Corp [ADC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ADC shares is $80.97 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ADC stock is a recommendation set at 1.55. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Barclays have made an estimate for Agree Realty Corp shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on March 04, 2025. While these analysts kept the previous recommendation, Barclays raised their target price to Underweight. The new note on the price target was released on December 17, 2024, representing the official price target for Agree Realty Corp stock.
The Average True Range (ATR) for Agree Realty Corp is set at 1.95, with the Price to Sales ratio for ADC stock in the period of the last 12 months amounting to 13.17. The Price to Book ratio for the last quarter was 1.53, with the Price to Cash per share for the same quarter was set at 0.10. Price to Free Cash Flow for ADC in the course of the last twelve months was 18.93.
ADC stock trade performance evaluation
Agree Realty Corp [ADC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.14. With this latest performance, ADC shares gained by 1.54% in over the last four-week period, additionally plugging by 1.75% over the last 6 months – not to mention a rise of 34.08% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ADC stock in for the last two-week period is set at 51.01, with the RSI for the last a single of trading hit 48.71, and the three-weeks RSI is set at 52.01 for Agree Realty Corp [ADC]. The present Moving Average for the last 50 days of trading for this stock 75.02, while it was recorded at 78.08 for the last single week of trading, and 73.36 for the last 200 days.
Earnings per share (EPS) analysis for Agree Realty Corp [ADC] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ADC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Agree Realty Corp go to 3.08%.
Agree Realty Corp [ADC]: Institutional Ownership
There are presently around $109.32%, or 111.29%% of ADC stock, in the hands of institutional investors. The top three institutional holders of ADC stocks are: VANGUARD GROUP INC with ownership of 14.44 million shares, which is approximately 14.3919%. BLACKROCK INC., holding 13.32 million shares of the stock with an approximate value of $$824.84 million in ADC stocks shares; and BLACKROCK INC., currently with $$313.05 million in ADC stock with ownership which is approximately 5.0165%.
