Exchange: NYSE·Updated 07:40 PM EDT
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ADC Agree Realty Corp.

$65.79
$0.13
(0.20%)
Today
Closed $65.95
$0.16
(0.24%)
After Hours
EarningsOct 20
Mkt Cap$8.19B
Vol1.06M

About ADC

Agree Realty Corp. is a real estate investment trust, which engages in the ownership, acquisition, development, and management of retail properties net leased to industry tenants. It focuses on the long-term, fee simple ownership of properties net leased to national and large regional retailers. The company was founded by Richard Agree in 1971 and is headquartered in Royal Oak, MI.
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Bearish Sentiment

How do you feel about ADC?

lextrading
$ADC The insiders have bought and I did too. More details on a Substack later, I'll make this post open to all.
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Dividendology
It's crazy looking at year to date charts of a REIT vs the S&P 500. Many REITs were significantly outperforming the market early this year. The market was pricing in 3 rate hikes to start the year while REITs were trading at their lowest multiple in years. Then the rate environment completely shifted, and REITs have seen a serious pullback in the last couple of months. Charted out is ADC vs the S&P 500 year to date. Price movements align almost perfectly with the way the rate environment has changed. $ADC
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Form4Alerts
$ADC — Director John Rakolta Jr. has bought $3.6M over 18 days · Third disclosure since 8/31: $1.47M, $724K, then $1.38M. · PRESIDENT & CEO Joey Agree bought $501K alongside them. · 2 insiders have bought $4.08M here in the last 18 days. Not investment advice.
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