Agree Realty (ADC) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.48
- Estimate
- $0.47
- Surprise
- +2.7%
- Revenue (period 2026-09-30)
- $213.9M
- Score at report (before → after)
- 5.9 → 5.9/10
Revenue source: xbrl.
How the report landed
Agree Realty (ADC) beat the $0.47 estimate with adjusted EPS of $0.48 — a modest 2.7% upside surprise. TrendMatrix's engine moved from Sell (5.9/10) to Hold at 5.9/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates ADC Sell at 6.0/10.
2 of the last 4 quarters beat the estimate; this quarter's +2.7% surprise compares with a +1.3% four-quarter average. Next scheduled report: 2027-02-09.
What supports the rating
- V7 quality resilience bonus: +0.2 (Q=7.5 in RISK_OFF)
- High-quality business
What argues against it
- Thin upside margin: 5.7%
- Sector modifier (Real Estate): -1.2
- Below 200-day MA
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $66.22
- Price target
- $69.98
- Stop
- $63.50
- Upside to target
- +5.7%
- Reward-to-risk
- 1.1:1
At 34.1× trailing and 33.8× forward earnings, consensus estimates imply little change in earnings power.
Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.
ADC at TrendMatrix's latest read
REIT quarters hinge on occupancy, rate exposure, and FFO rather than headline EPS, which mechanically distorts under depreciation.
- Industry
- REIT - Retail
- Market cap
- $8.26B
- P/E (fwd)
- 33.8
- P/E (ttm)
- 34.1
- 52-week range
- $64.34–$82.08
- Off 52-week high
- 19.3%
- RSI (14)
- 52
- Volume vs avg
- 0.88×
- Score today
- 6.0/10