ADC

Agree Realty Corp

$78.40 +1.23 (+1.59%) At close · Jul 7

Market Cap

$9.42B

120,102,901

Equibles Rating blended score · not investment advice

Overall

Buy

SellHoldBuy

Technical Buy Momentum Very Strong Sentiment Bullish Fundamentals Weak Quant / Vol Very Low

Market backdrop VIX 16.9 · calm Equity put/call 0.86

Technical

price trend

Buy

50 / 200-day cross No cross

Price vs 200-day avg +5%

above

Price vs 50-day avg +4%

above

RSI (14) 64

neutral

MACD trend Positive

52-week position 75%

mid-range

Momentum

relative strength

Very Strong

1-month return +7%

trailing

6-month return +11%

trailing

YTD return +10%

this year

Relative strength +3%

vs S&P · 6-mo

Sentiment

smart money

Bullish

Trend (MA cross) No cross

50d $75 › 200d $75 — 50d above 200d

Institutional flow Accumulating

12 of 499 funds reported for Jun 30 · net +2.6K sh shares · +1 new

Insider flow Accumulating

Net +$2.9M over 90 days · 0% sells

Short interest Rising

13.14% of float · ▲ +4.0% MoM · 12.7 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

499 holders — near 3-yr high, broad support

Squeeze score 90

high risk · 0–100

Fundamentals

Weak

Revenue growth +16%

Y/Y

EPS growth −1%

Y/Y

Free cash flow $-370.4M

Valuation P/E 42.4

in line

Balance sheet $1.7B

net debt

Quant / Vol

risk profile

Very Low

Volatility 16%

annualized · 1-yr

Max drawdown −12%

past year

ATR 1.6%

of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Up next

Next earnings call

Jul 21, 2026 Est · unconfirmed · in 2 wks

FQ3-26 quarter ends

~Sep 30, 2026 Est

Latest filing: 10-Q

filed Apr 21, 2026

AI Brief

TL;DR.

Bullish

Bearish

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Technicals

trend & momentum for long-term holders Buy

0 · 3 · 3

50 / 200-day cross

No cross Neutral

Price vs 200-day avg

+5% Bullish

Price vs 50-day avg

+4% Bullish

RSI (14)

64 Neutral

MACD trend

Positive Bullish

52-week position

75% Neutral

Market signals — smart money & positioning

Bullish · 3 of 6

Trend (MA cross) No cross

50d $75 › 200d $75 — 50d above 200d

Institutional flow Accumulating

12 of 499 funds reported for Jun 30 · net +2.6K sh shares · +1 new

Insider flow Accumulating

Net +$2.9M over 90 days · 0% sells

Short interest Rising

13.14% of float · ▲ +4.0% MoM · 12.7 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

499 holders — near 3-yr high, broad support

Price context

position in its 52-week range

52-wk low $68 Now $78 · 75% 52-wk high $82

vs 200-day avg +5% vs 50-day avg +4%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from its earnings releases, calls, and filings

Metric	Latest	Period	YoY
AFFO non-GAAP	137.6M	Q1 2026	—
AFFO per share non-GAAP	$1.14	Q1 2026	—
Core FFO non-GAAP	136.3M	Q1 2026	—
Core FFO per share non-GAAP	$1.13	Q1 2026	—
liquidity	2.3B	Q1 2026	—
net debt to recurring EBITDA excluding unsettled forward equity	5.1	Q1 2026	—

proforma net debt to recurring EBITDA	3.2	Q1 2026	—

acquisitions completed	$403M	Q1 2026 call	—
AFFO payout ratio non-GAAP	69%	Q1 2026 call	—
aggregate anticipated cost of projects under construction	$71M	Q1 2026 call	—
anticipated net proceeds from ATM forward equity	$658M	Q1 2026 call	—
drawn on delayed draw term loan	$250M	Q1 2026 call	—
fixed charge coverage ratio non-GAAP	4.2	Q1 2026 call	—
forward equity raised via ATM	$660M	Q1 2026 call	—
forward-starting swaps entered	$50M	Q1 2026 call	—
gross proceeds from dispositions	$11M	Q1 2026 call	—
ground leases in portfolio	261	Q1 2026 call	—
monthly cash dividend per common share	$0.26	Q1 2026 call	—
outstanding forward equity	$1.4B	Q1 2026 call	—
outstanding forward equity shares	18.4M	Q1 2026 call	—
percentage rent	$2.4M	Q1 2026 call	—
pharmacy exposure as percentage of annualized base rent	3.5%	Q1 2026 call	—
portfolio occupancy	99.7%	Q1 2026 call	—
pro forma net debt to recurring EBITDA non-GAAP	3.2	Q1 2026 call	—
shares of forward equity sold via ATM	8.7M	Q1 2026 call	—
total anticipated cost of new DFP projects	$18M	Q1 2026 call	—
total forward-starting swaps	$250M	Q1 2026 call	—
total investment in completed development projects	$23M	Q1 2026 call	—
total liquidity	$2.3B	Q1 2026 call	—
total properties in portfolio	2,756	Q1 2026 call	—
weighted average cap rate on acquired properties	7.1%	Q1 2026 call	—
weighted average cap rate on dispositions	6.8%	Q1 2026 call	—
weighted average lease term on acquired properties	11.3	Q1 2026 call	—
Development or DFP projects commenced	14	full year ended December 31, 2025	—
Gross leasable area	55.5M	full year ended December 31, 2025	—
Investment volume	$377M	Q4 2025	—
Properties in portfolio	2,674	full year ended December 31, 2025	—
Retail net lease properties invested in	338	full year ended December 31, 2025	—

Figures exactly as the company stated them · click a metric with a to chart its history · period links open the stating document · "call" marks figures stated on the earnings call, "filing" figures stated in the 10-K/10-Q · YoY needs the prior-year figure on file

Versus peers

REIT - Retail — same industry group

Open screener →

Company	Mkt cap	YTD	Rev growth Y/Y	P/E	Short % shares
ADC Agree Realty Corp this stock	$9.42B	+10.0%	+16.4%	42.4	13.1%
SPG Simon Property Group Inc.	$71.05B	+19.7%	+6.9%	15.2	2.9%
O Realty Income Corp	$58.96B	+15.1%	+22.0%	51.8	4.0%
UNBLF Unibail-Rodamco SE/ADR	$17.03B	+7.7%	—	—	0.0%
KIM Kimco Realty Corp	$16.84B	+24.6%	+5.1%	—	4.8%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section

Ownership

Institutional Holders Accumulating

Holders

499

% held: 107.7%
Reported: 12 of 499
Top holder: BlackRock, Inc.

Held Float

View

Held by Funds

Fund positions

438

View

Short & Settlement

Short Interest Rising

Shares short

15.8M

Days to cover: 12.7d
Change: +613.9K sh

View

Short Volume

Short vol %

58%

As of: Jul 8, 2026

Short Total

View

Fails to Deliver

FTD shares

676

Value: $51.2K
As of: May 22, 2026

View

Off-Exchange

Off-exchange %

68.3%

Week of: Jun 15, 2026

Off-exch Lit

View

Smart Money

Insider Trades Cluster buy

Net (90d)

+$2.9M

Buyers / Sellers: 4 / 0

Buyers Sellers

View

Congressional Trades Sell

Member

Josh Gottheimer

Amount: $1.0K–$15.0K
Traded: Jun 1, 2026

View

Financials

Revenue (FY)

$718.4M

Net income (FY): $204.3M
EPS diluted: $1.77

View

Filings

SEC Filings

Latest

8-K

Filed: Jul 2, 2026
This year: 11

View

Earnings & Events

Earnings Calls

Last call

Apr 21, 2026

View

Investor Relations

Performance

	5D	20D	120D	MTD	YTD
ADC	+1.9%	+6.8%	+11.0%	+3.5%	+10.0%
SPY	+0.9%	+1.4%	+7.6%	+0.1%	+9.7%
vs SPY	+1.0%	+5.4%	+3.4%	+3.4%	+0.3%

Capital returns

Latest dividend

$0.267 / share · ex Jun 30, 2026

Raised 1.9%

Paid (TTM)

$3.141 / share · 12 payouts

Dividend yield (TTM, derived)

4.01%

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 917251 CUSIP 008492100 13F (30d) 12 filings 12 filers Visit website Investor relations

ADC

Price & Indicators

Technicals

Key metrics

Versus peers

At a glance

Performance

Capital returns