Schonfeld Strategic Advisors Adds $22M in Agree Realty Corporation ($ADC)

Key Points

  • Schonfeld Strategic Advisors changed its Agree Realty Corporation ($ADC) stake by 246.80% last quarter, boosting to 407,027 shares worth $31.11 million.
  • Wall Street's consensus rating on $ADC is Buy and an average price target of $84.86.
  • $ADC last traded around $76.44.

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Schonfeld Strategic Advisors increased its position in Agree Realty Corporation ($ADC) by 246.80% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 407,027 shares of Agree Realty Corporation after buying 289,659 shares during the quarter. Schonfeld Strategic Advisors's holdings in Agree Realty Corporation were worth $31.11 million as of its most recent filing.

Agree Realty Corporation Stock Up 4.8%

Shares of Agree Realty Corporation ($ADC) traded around $76.44 on Saturday, up 4.8% for the day.

Last price$76.44
Market cap$8.99B
P/E ratio39.27
Forward P/E37.47
PEG ratio0.13
Beta0.47
52-week low$69.56
52-week high$82.08
50-day MA$76.67
200-day MA$75.56
Current ratio0.27
Quick ratio0.24
Debt-to-equity0.59

Agree Realty Corporation Earnings

EPS (ttm)$1.84
Revenue (ttm)$779.62M
Revenue growth16.80%
Net margin28.84%
Return on equity3.70%
Next earningsOct 20, 2026

Agree Realty Corporation Dividend

Annual dividend$3.20
Dividend yield438%
Payout ratio168.87%
Ex-dividend dateAug 31, 2026

Analysts Set New Price Targets

ConsensusBuy
Average target$84.86
High target$93
Low target$80
Analysts covering18

About Agree Realty Corporation

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. Agree Realty Corporation was incorporated in 1971 and is based in Royal Oak, United States.

ExchangeNYSE
SectorReal Estate
IndustryREIT - Retail
HeadquartersRoyal Oak, MI
CEOMr. Joel N. Agree J.D.
Employees90

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