Richard Agree Biography and Net Worth

Executive Chairman of the Board of Agree Realty

Richard Agree currently serves as Executive Chairman of the Company. He served as the Company’s Chief Executive Officer and Chairman of the Board of Directors from 1993 to 2012. Prior to the formation of Agree Realty, he acted as the Chief Executive Officer and President of Agree Development Company as well as Managing Partner of the general partnership that held the Company’s multi-state portfolio. Mr. Agree founded the Company’s predecessor in 1971.

Throughout his 40-year career, Mr. Agree has personally overseen the development of over 8,000,000 square feet of retail space across the country. Mr. Agree is a graduate of Detroit College of Law, a member of the State Bar of Michigan, the International Council of Shopping Centers as well as the National Association of Real Estate Investment Trusts. He has been honored in numerous trade publications and was recently named a “Real Estate Icon” by Real Estate Forum magazine.

What is Richard Agree's net worth?: The estimated net worth of Richard Agree is at least $9.53 million as of February 29th, 2024. Mr. Agree owns 135,855 shares of Agree Realty stock worth more than $9,532,945 as of December 21st. This net worth estimate does not reflect any other assets that Mr. Agree may own. Learn More about Richard Agree's net worth.
How old is Richard Agree?: Mr. Agree is currently 80 years old. There are 4 older executives and no younger executives at Agree Realty. Learn More on Richard Agree's age.
How do I contact Richard Agree?: The corporate mailing address for Mr. Agree and other Agree Realty executives is 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI, 48304. Agree Realty can also be reached via phone at (248) 737-4190 and via email at [email protected]. Learn More on Richard Agree's contact information.
Has Richard Agree been buying or selling shares of Agree Realty?: Richard Agree has not been actively trading shares of Agree Realty during the last quarter. Most recently, on Thursday, February 29th, Richard Agree bought 16,000 shares of Agree Realty stock. The stock was acquired at an average cost of $55.50 per share, with a total value of $888,000.00. Following the completion of the transaction, the chairman now directly owns 135,855 shares of the company's stock, valued at $7,539,952.50. Learn More on Richard Agree's trading history.
Who are Agree Realty's active insiders?: Agree Realty's insider roster includes Joey Agree (CEO), Richard Agree (Executive Chairman of the Board), Stephen Breslin (CAO), Peter Coughenour (CFO), Craig Erlich (COO), Merrie Frankel (Director), Greg Lehmkuhl (President & CEO), Simon Leopold (CFO), John Rakolta, Jr. (Director), and William Rubenfaer (Director). Learn More on Agree Realty's active insiders.
Are insiders buying or selling shares of Agree Realty?: In the last year, Agree Realty insiders bought shares 8 times. They purchased a total of 53,982 shares worth more than $3,113,546.68. The most recent insider tranaction occured on May, 23rd when Director Greg Lehmkuhl bought 1,000 shares worth more than $58,990.00. Insiders at Agree Realty own 1.8% of the company. Learn More about insider trades at Agree Realty.
Information on this page was last updated on 5/23/2024.

Richard Agree Insider Trading History at Agree Realty

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
2/29/2024	Buy	16,000	$55.50	$888,000.00	135,855
1/10/2024	Buy	10,500	$62.57	$656,985.00	119,855
8/2/2023	Buy	11,751	$62.95	$739,725.45	100,230
9/28/2021	Buy	6,000	$67.06	$402,360.00
9/6/2018	Buy	6,000	$54.77	$328,620.00	417,966
5/4/2017	Buy	25,000	$44.73	$1,118,250.00	477,016
8/24/2015	Buy	15,000	$28.78	$431,700.00	431,358
6/8/2015	Buy	10,000	$29.97	$299,700.00
12/4/2014	Buy	25,000	$29.67	$741,750.00

Richard Agree Buying and Selling Activity at Agree Realty

Agree Realty Company Overview

Agree Realty Corporation is a publicly traded real estate investment trust that is RETHINKING RETAIL through the acquisition and development of properties net leased to industry-leading, omni-channel retail tenants. As of December 31, 2023, the Company owned and operated a portfolio of 2,135 properties, located in 49 states and containing approximately 44.2 million square feet of gross leasable area. The Company's common stock is listed on the New York Stock Exchange under the symbol "ADC".

Today's Range

Now: $70.17

$68.97

$71.13

50 Day Range

MA: $75.03

$69.44

$77.65

2 Week Range

Now: $70.17

$54.28

$78.39

Volume

4,267,450 shs

Average Volume

957,598 shs

Market Capitalization

$7.26 billion

P/E Ratio

38.77

Dividend Yield

4.14%

Beta

0.62

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Richard Agree Biography and Net Worth

What is Richard Agree's net worth?

How old is Richard Agree?

How do I contact Richard Agree?

Has Richard Agree been buying or selling shares of Agree Realty?

Who are Agree Realty's active insiders?

Are insiders buying or selling shares of Agree Realty?