ADC Agree Realty Corporation

bullish · high conviction track record → $76.67 -2.19 (-2.8%)
Get emailed when ADC changes direction
Mkt Cap $9B P/E 41.9 fwd 38.8 52wk $69.56 - $82.08 1h ago
Insider buying: $11,543,972 bought by 15 insiders (30d)
Factor divergence: DIVERGENCE: insider_activity bullish vs estimate_revisions bearish
Est. revisions: -4.3% (1 up, 1 down in 30d)
Backed by structured data (insider trades, analyst ratings, or filings)
Factor Model (net -0.2)

Factor Model

net -0.2
Est. Revisions
-0.3
Insider Activity
+0.5
Momentum
+0.0
Analyst Rev.
+0.0
Narrative Gap
+0.0

Insiders Buy $6.6M Amid $828M Investment Push

Watch: Next quarterly earnings and acquisition updates will reveal investments' impact on revenue growth trajectory and debt levels.

Agree Realty insiders bought $6.6 million shares led by RAKOLTA JOHNJR and AGREE RICHARD at prices near $70-$72/share. The company invested $403 million in acquisitions and $425 million across three growth platforms in Q1 2026. It raised $660 million via forward equity and holds $2.3 billion liquidity, with pro forma net debt at 3.2x recurring EBITDA. Insider buying is strong with six distinct buyers and no sellers.

Heavy insider buying alongside sizable capital deployment and strong liquidity shows aggressive growth stance and confidence from management amid mixed analyst sentiment.

Evidence

1d ago Baird main ADC: Outperform → Outperform
1d ago Barclays main ADC: Equal-Weight → Equal-Weight
1d ago Insider buy by LEHMKUHL GREG (ADC): $58,990
1d ago Insider buy by RAKOLTA JOHNJR (ADC): $2,126,641
1d ago Insider buy by RAKOLTA JOHNJR (ADC): $1,186,400
1d ago Insider buy by RAKOLTA JOHNJR (ADC): $11,051
1d ago Insider buy by COUGHENOUR PETER (ADC): $34,900
1d ago Insider buy by AGREE RICHARD (ADC): $1,696,080
7 older signals
1d ago Insider buy by RAKOLTA JOHNJR (ADC): $1,082,700
1d ago Insider buy by RAKOLTA JOHNJR (ADC): $1,771,093
1d ago Insider buy by ERLICH CRAIG (ADC): $25,504
1d ago Insider buy by AGREE JOEL N (ADC): $249,183
1d ago Insider buy by LEHMKUHL GREG (ADC): $54,630
1d ago Insider buy by AGREE JOEL N (ADC): $151,368
1d ago Insider buy by AGREE JOEL N (ADC): $349,928
Fundamentals & Data ▾
Agree Realty Corporation Real Estate · REIT - Retail
Mkt Cap
$9B
P/E
41.9 fwd 38.8
Beta
0.53
Div Yield
406.00%
52w Range
$69.56 - $82.08
Short Interest
13,605 0.01%
Days to Cover
0.0 -100%
Technicals downtrend
from 52w Hi
-3.6%
1w return
-1.7%
Insiders
buying 8B / 0S
Analysts
mixed
EPS Estimate
$0.47 -4.3% 30d 1up / 1dn
Est. Dispersion
8% 3 analysts
Analyst Target
$85 $77 - $92
Options P/C
0.22
Insider Cluster
strong buy 6B / 0S (officer)
Financials
Revenue
$190M +18% YoY
FCF
$111M
Gross Margin
87%
Op Margin
48%
Momentum: decelerating
Recent Filings & Data
insider trade 40
net buying · $11,543,972 bought
15 insiders · 40 transactions (30d)
Recent transactions
RAKOLTA JOHNJR · buy · $11,051
SPEHAR DANIELLE M · award
COUGHENOUR PETER · award
WITTEVEEN NICOLE · award
BRESLIN STEPHEN · award
AGREE JOEL N · award
ERLICH CRAIG · award
AGREE RICHARD · award
COUGHENOUR PETER · buy · $34,900
AGREE RICHARD · buy · $1,696,080
RAKOLTA JOHNJR · buy · $1,082,700
RAKOLTA JOHNJR · other
AGREE RICHARD · other
RAKOLTA JOHNJR · buy · $1,771,093
ERLICH CRAIG · buy · $25,504
AGREE JOEL N · buy · $249,183
LEHMKUHL GREG · buy · $54,630
AGREE JOEL N · buy · $151,368
AGREE JOEL N · buy · $349,928
RAKOLTA JOHNJR · buy · $743,400
RAKOLTA JOHNJR · buy · $2,002,104
LEHMKUHL GREG · award · $120,024
SPEHAR DANIELLE M · award
HOLLMAN MICHAEL · award
COUGHENOUR PETER · award
WITTEVEEN NICOLE · award
JUDLOWE MICHAEL L · award · $69,990
BRESLIN STEPHEN · award
HE LINGLONG · award · $69,990
RAKOLTA JOHNJR · award · $69,990
AGREE JOEL N · award
ROSSI JEROME R · award
DEARING KAREN J · award · $94,970
FRANKEL MERRIE S. · award
ERLICH CRAIG · award
AGREE RICHARD · award
RAKOLTA JOHNJR · buy · $2,126,641
AGREE RICHARD · other
LEHMKUHL GREG · buy · $58,990
RAKOLTA JOHNJR · buy · $1,186,400
15 signals · latest 1d ago

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