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. Read full Trend Edge analysis →
Sector: Real Estate
Industry: REIT-Retail
Exchange: NYSE
IPO Date: April 15, 1994
Headquarters: 32301 Woodward Avenue, Royal Oak, MI, United States, 48073
Founder-Led: Yes — Richard Agree (Executive Chairman of the Board)
Key Metrics
Current Price
$74.32
Market Cap
$9.29B
Float
121.9M
Shares Outstanding
124.4M
P/E (Forward)
39.84
P/E (TTM)
40.03
Price/Sales (TTM)
11.91
vs. Analyst Target
+14.2% to analyst PT
Profit Margin
28.84%
Operating Margin (TTM)
48.12%
Revenue (TTM)
$780M
Earnings Growth (YoY)
2.10%
Dividend Rate
3.2%
Analyst Target Price
$84.86 (21 analysts)
Financial History
Annual Revenue & Earnings History
Year
Revenue
Net Income
Gross Profit
EBITDA
2020
$249M
$91.4M
$217M
$216M
2021
$339M
$122M
$298M
$296M
2022
$430M
$152M
$378M
$386M
2023
$537M
$170M
$471M
$464M
2024
$617M
$189M
$542M
$543M
2025
$718M
$204M
$630M
$617M
Recent Quarterly Revenue & Net Income
Quarter
Revenue
Net Income
Sep 2025
$183M
$52.1M
Dec 2025
$190M
$56.0M
Mar 2026
$201M
$62.2M
Jun 2026
$205M
$54.7M
Ownership & Float
Insider Ownership
1.7%
Institutional Ownership
117.7%
Short Float
11.8%
% of All Funds Holding
5.55%
Number of Funds Holding
488
Current Moving Averages
Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.
Timeframe
SMA
Value
Trend Context
Weekly
10-Week SMA
$77.09
Near-term / short-term trend
Weekly
40-Week SMA
$75.74
Medium-term trend
Weekly
80-Week SMA
$74.85
Cyclical trend (business cycle)
Weekly
200-Week SMA
$69.49
Secular trend (multi-year)
Monthly
10-Month SMA
$75.45
Near-term monthly trend
Monthly
20-Month SMA
$74.62
Medium-term monthly trend
Monthly
40-Month SMA
$69.32
Secular monthly trend
Volume Shelves — Support & Resistance
Trend Edge identifies volume shelves: price zones where historically elevated trading volume
creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative
volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.
Price Level
Type
Volume Ratio
Age
$77.00
resistance
1.12x
0 months ago
$80.00
resistance
1.25x
4 months ago
$73.00
support
1.08x
5 months ago
$70.00
support
1.20x
23 months ago
$62.00
support
1.03x
24 months ago
Historical Earnings Reactions (112 events)
Timeframe
Avg Return
Median
Win Rate
Best
Worst
Gap
0.08%
0.00%
47.32%
4.03%
-7.49%
1 Day
0.27%
0.24%
57.14%
9.19%
-5.34%
1 Week
0.23%
0.32%
56.25%
11.09%
-16.28%
2 Weeks
0.36%
0.26%
50.89%
14.02%
-33.23%
1 Month
0.62%
1.76%
59.46%
32.47%
-27.55%
Next earnings: October 18, 2026 (52 days away)
Seasonality & Day-of-Week Patterns
Monthly Seasonality
Month
Avg Return
Win Rate
Samples
Jan
-0.4%
59.4%
32
Feb
0.2%
46.9%
32
Mar
1.3%
56.3%
32
Apr
0.4%
59.4%
32
May
1.4%
48.5%
33
Jun
1.1%
66.7%
33
Jul
2.3%
66.7%
33
Aug
0.2%
46.9%
32
Sep
-0.6%
46.9%
32
Oct
-0.0%
56.3%
32
Nov
0.3%
65.6%
32
Dec
1.0%
50.0%
32
Day-of-Week Tendencies
Day
Avg Return
Win Rate
Samples
Monday
0.02%
49.1%
1531
Tuesday
0.09%
49.1%
1672
Wednesday
-0.07%
47.8%
1670
Thursday
0.03%
49.5%
1638
Friday
0.11%
51.1%
1631
Top Institutional Holders
Institutional holder breakdown coming soon.
Total institutional ownership: 117.7%
Insider Transactions — Smart Summary
Total insider ownership: 1.7%
Founder-led management: Richard Agree (Executive Chairman of the Board)
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