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ADC · NYSE · STOCK

Agree Realty (ADC) Stock Analysis

Real Estate Updated August 19, 2026
$74.33
52W $69.56 – $82.08
52/100
$8.91B
39.9
0.47
AI Committee Verdict
Watch
52/100
Conviction: Contested · 67% agreement · 6 analysts
+0.6%
-0.2%
2.73:1
Contested

Is ADC Bullish or Bearish?

Mixed. Innellis AI committee rates Agree Realty (ADC) Watch with a composite score of 52/100 , based on 6 analysts with 67% agreement. Last updated August 19, 2026.

What Would Change This View

Upgrade to Buy
Requires a committee score of 60.0 — +7.64 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Reduce
Requires the score to fall below 40.0 — -12.36 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The committee is genuinely divided. Macro Analyst sees a compelling case — vix regime is low -- calm backdrop supports risk-taking. Risk Analyst remains cautious — current ratio of 0.82 is tight -- limited short-term liquidity cushion. This disagreement is itself the signal — the setup is not clean in either direction.

Bull & Bear Case

Bull Case
  • Price-to-book of 1.3x is a discount to asset value — Value
  • Dividend yield of 5.1% pays you to wait — Value
  • VIX regime is low -- calm backdrop supports risk-taking — Macro
Bear Case
  • P/E of 41.5 is expensive by classic value standards — Value
  • ROE of only 3.6% -- cheap may mean cheap for a reason — Value
  • Growth rate is decelerating quarter over quarter -- the trend line matters more than the level — Growth
  • MACD histogram negative -- bearish momentum — Technical
  • Current ratio of 0.82 is tight -- limited short-term liquidity cushion — Risk
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of August 19, 2026
Overall Committee Score
52/100
Agreement
67%
Analysts
6
Conviction
Contested
Sector Rank
Top 84%
of 79 Real Estate peers
Value Analyst neutral
43 / 100 · Moderate confidence
Fair value -- neither a bargain nor obviously overpriced
+ Price-to-book of 1.3x is a discount to asset value
− P/E of 41.5 is expensive by classic value standards
Growth Analyst neutral
50 / 100 · Moderate confidence
Moderate growth -- present but not remarkable
− Growth rate is decelerating quarter over quarter -- the trend line matters more than the level
Technical Analyst neutral
48 / 100 · High confidence
Mixed or range-bound price action
− MACD histogram negative -- bearish momentum
Risk Analyst bearish
35 / 100 · Low confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− Current ratio of 0.82 is tight -- limited short-term liquidity cushion
Macro Analyst bullish
80 / 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ VIX regime is low -- calm backdrop supports risk-taking
News Analyst neutral
58 / 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
Portfolio Manager neutral
45 / 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 2974.99)
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Investment Thesis Evolution

Committee score moved marginally from 52.4 to 52.4.

Analyst-level changes:
  • Value Analyst: +1 bullish signal(s).

Comparing 2026-08-18 to 2026-08-19 (1 day apart).

Technical Analysis

RSI (14)
32.1
Neutral
MACD Histogram
-0.373
Bearish Momentum
Trend Direction
Sideways
Weekly: Sideways
Market Structure
Mixed
Support
$74.03
Resistance
$74.64
Bollinger %B
0.23
Inside Bands
Price vs Moving Averages
EMA 9
$75.00 Below
EMA 21
$76.18 Below
EMA 50
$76.63 Below
EMA 200
$75.70 Below

Fundamental Analysis

Valuation
33
Growth
35
Profitability
59
Financial Health
47
Cash Flow
70
Valuation
P/E Ratio 39.9×
P/B Ratio 1.37×
PEG Ratio 4.24
Dividend Yield 4.25%
52W High $82.08
52W Low $69.56
Quality & Growth
ROE 325.9%
ROA 208.6%
Gross Margin 6985.5%
Operating Margin 4834.8%
Revenue Growth YoY
Debt / Equity 0.60
AI Fundamental Assessment
P/E ratio of 39.9 (rich relative to a 15-40x range); Price-to-book of 1.4x; PEG ratio of 4.2 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 3.3%; Return on assets of 2.1%; Net margin of 28.9%; Gross margin of 69.9%; Current ratio of 0.14 (tight short-term liquidity); Debt-to-equity of 0.60; Free cash flow per share is positive (4.45); Most recent quarter missed estimates by 8.2%; EPS growth decelerating (+6.4% -> -12.0% QoQ); Average YoY EPS growth of 2.3%; Analyst estimates flat over recent quarters
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