Agree Realty Misses Q4 Earnings Estimates

Real estate investment trust reports lower-than-expected profits

Published on Feb. 10, 2026

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Agree Realty (NYSE:ADC), a real estate investment trust headquartered in Chicago, Illinois, reported its fourth-quarter earnings results on Tuesday. The company posted earnings per share of $0.47, missing analysts' consensus estimate of $1.10 by $0.63. Agree Realty's revenue for the quarter came in at $190.49 million, slightly above the expected $189.86 million.

Why it matters

Agree Realty is a prominent REIT focused on acquiring and managing retail properties, so its earnings performance is closely watched by investors as an indicator of the broader commercial real estate market. The miss on earnings per share suggests the company may be facing headwinds, which could impact its ability to maintain dividends and fund future growth.

The details

In its earnings report, Agree Realty cited a return on equity of 3.52% and a net margin of 28.11% for the quarter. The company's stock price traded up $1.16, or 1.5%, to $76.46 on the day of the earnings release.

  • Agree Realty reported its Q4 2025 earnings results on Tuesday, February 10, 2026.

The players

Agree Realty

A real estate investment trust headquartered in Chicago, Illinois that focuses on acquiring and managing retail properties.

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The takeaway

Agree Realty's earnings miss raises concerns about the company's ability to maintain its performance in the current commercial real estate environment. Investors will be closely watching the REIT's future financial results and any potential impact on its dividend payouts and growth plans.