Agree Realty (ADC)
NYSEReal EstateReit - RetailSnapshot 2026-09-04
$72.62-0.15%
Close 2026-09-04 · 1-day change
NYSEReal EstateReit - RetailSnapshot 2026-09-04
QuarterlyIQ Insights · ADC
Price, fair value, and the multiples that frame it on the same time axis. Scroll over the price chart to zoom.
Daily closes. Earnings/event dots inline.
A consensus fair price across 8 valuation methods, at three horizons. As of 2026-09-06. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $73 ADC trades at 17× p/ffo — 1.3× the 12× p/ffo peer median. The market is re-rating it beyond its own range; our $68 fair value is medium-confidence here. Analysts target $80–$85. Note: our $68 fair value sits below the entire analyst range ($80–$85). Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Score 100 = cheapest in the cohort, 0 = richest. Bars are filled left-to-right based on the peer-relative score (or PEG/self-history where shown).
Each method's implied share price per horizon. Provisional rows use a projected (historical-CAGR) growth input rather than analyst or management guidance.
| Method | Horizon | Est. price | Multiple | Per-share input | EPS source | Confidence |
|---|---|---|---|---|---|---|
| analyst target | 12M | $84.00 | — | — | Analyst | high |
| ddm gordon | 12M | $7.62 | — | — | TTM | high |
| graham number | 12M | $55.91 | — | — | TTM | high |
| Peer P/FFO | 12M | $54.57 | 12.5 | 4.37 | TTM | high |
| Peer P/S | 12M |
A “consensus-then vs. actual-now” overlay is on the way — what our valuation estimate said on a past date versus where the price actually landed.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A long-thesis check that carries the widest uncertainty of the three horizons.
Around the middle on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
$80.00 – $85.00 (median $84.00) · 5 analysts · as of 2026-07-31
No fragility gates fired.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Looks more expensive than peers.
Cheaper than its own typical valuation.
Trailing four: 2025-Q2, 2025-Q3, 2026-Q1, 2026-Q2
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
| $46.92 |
| 7.3 |
| 6.47 |
| TTM |
| high |
| residual income | 12M | $46.97 | — | — | TTM | high |
| Own P/E history | 12M | $100.93 | 39.3 | 2.57 | TTM | high |
| triangulated | 12M | $32.21 | 12.5 | 2.58 | Triangulated | high |
| Peer P/FFO | 3Y | $81.29 | 12.5 | 6.51 | Hist. CAGR(prov.) | medium |
| Peer P/S | 3Y | $73.44 | 7.3 | 10.13 | Analyst | medium |
| Own P/E history | 3Y | $52.59 | 39.3 | 1.34 | Analyst | medium |
| Peer P/FFO | 5Y | $106.03 | 12.5 | 8.49 | Hist. CAGR(prov.) | medium |
| Peer P/S | 5Y | $97.12 | 7.3 | 13.39 | Analyst | medium |
| Own P/E history | 5Y | $34.05 | 39.3 | 0.87 | Analyst | medium |