ADC

Over the past six months, Agree Realty's stock price has underperformed the S&P500 Index by -21.31% and has traded below its 200-day moving average. Key events include the Q2 2026 Earnings Report on July 30, 2026, where the company reported a revenue beat of $216.3 million (up 16.8% year-over-year) but an EPS miss of $0.44 against a consensus of $0.48; despite mixed results, Agree Realty posted record quarterly investment activity of $502 million and raised its 2026 guidance for both investments and Adjusted Funds From Operations (AFFO) per share. The company consistently declared monthly common and preferred dividends, with a monthly cash dividend of $0.267 per common share announced in September 2026, reflecting a 4.3% year-over-year increase. On September 17, 2026, Agree Realty priced a $400 million offering of 5.65% senior unsecured notes due 2036 to enhance liquidity and fund future acquisitions and development projects. Insider buying by several individuals, including CEO Joey Agree and Director John Rakolta Jr., signaled management confidence despite the stock trading below its 12-month high. Additionally, the stock has been sensitive to broader macroeconomic headwinds, such as rising Treasury yields and interest rate concerns, which have pressured the real estate sector and rate-sensitive REITs.