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Agree Realty Secures $350 Million Term Loan Agreement

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Agree Realty Secures $350 Million Term Loan Agreement

Meet Your ETF AI Analyst

An announcement from Agree Realty ( (ADC) ) is now available.

On November 17, 2025, Agree Realty Corporation and Agree Limited Partnership entered into a $350 million unsecured delayed draw term loan agreement with PNC Bank and a syndicate of lenders. The agreement, maturing on May 15, 2031, allows the company to draw funds as needed and includes various financial covenants and interest rate options based on the company’s credit rating. Additionally, the company amended its existing revolving credit and term loan agreements to align with the new terms, reducing interest rates and implementing technical amendments.

The most recent analyst rating on (ADC) stock is a Buy with a $90.00 price target. To see the full list of analyst forecasts on Agree Realty stock, see the ADC Stock Forecast page.

Spark’s Take on ADC Stock

According to Spark, TipRanks’ AI Analyst, ADC is a Outperform.

Agree Realty’s overall stock score of 79 reflects its strong financial performance, positive earnings call sentiment, and solid technical indicators. The high P/E ratio slightly tempers the score, but the attractive dividend yield provides a compensating factor. The company’s robust investment activity and credit rating achievement further bolster its position in the REIT – Retail industry.

To see Spark’s full report on ADC stock, click here.

More about Agree Realty

Agree Realty Corporation operates in the real estate industry, focusing on the acquisition and development of properties net leased to industry-leading retail tenants.

Average Trading Volume: 1,001,945

Technical Sentiment Signal: Strong Buy

Current Market Cap: $8.48B

For a thorough assessment of ADC stock, go to TipRanks’ Stock Analysis page.

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