Agree Realty's stock price is up 17% in just three months. It is still attractive, but it is quickly becoming a growth-and-income pick.Agree Realty (ADC 1.22%) is a prominent net-lease real estate investment trust (REIT). It has a solid history of dividend increases behind it, but most notable is the fairly rapid rate of dividend growth over the past decade. The roughly 17% rise in its stock price over the past three months is a positive in many ways, but for investors looking at the stock today, it could m ...

Kelly Liu Real Estate Weekly Outlook U.S. equity markets posted mixed performance this past week, while benchmark interest rates dipped to four-month lows as a lukewarm start to corporate earnings season and mixed economic data reinforced expectations that the Fed will begin cutting rates by September. Another stunning twist in a wild month of U.S. politics, President Biden announced that he would not seek reelection following weeks of mounting pressure from Democrat party leadership, who subsequently t ...

Richard Drury Introduction I often think about stocks that I am confident will continue to perform well over the long-term. Ones whose businesses remain strong and are likely to see solid growth over the next decade or so. Even through uncertain periods in the economy. But some businesses remain resilient during turbulent times, and are likely here to stay. This is because of their recession-resistant business models, strong fundamentals, and exceptional management teams that keep them operating at hig ...

filo Trying to tie together the medley of disparate topics below into some coherent introduction sounds more exhausting than the act of actually researching and writing those topics, so I'll spare you a tortured attempt. Instead, we'll get right to it. Here are the topics du jour: Some charts that illustrate the narrative about American consumers that I've been pushing. The Great Rotation continues. Celebrating some recent investment successes that were on my buy list earlier this year. Where the buy l ...

Agree Realty Corporation (NYSE:ADC) Q2 2024 Earnings Conference Call July 24, 2024 9:00 AM ET Company Participants Reuben Treatman - Senior Director of Corporate Finance Joey Agree - President & Chief Executive Officer Peter Coughenour - Chief Financial Officer Conference Call Participants Ronald Kamdem - Morgan Stanley Smedes Rose - Citi Farrell Granath - Bank of America Mitch Germain - Citizens JMP Eric Borden - BMO Capital Markets Brad Heffern - RBC Capital Markets Alec Feygin - Baird Upal Rana - KeyBanc ...

Agree Realty (ADC) reported $152.58 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 17.5%. EPS of $1.04 for the same period compares to $0.42 a year ago.The reported revenue represents a surprise of +1.50% over the Zacks Consensus Estimate of $150.33 million. With the consensus EPS estimate being $1.03, the EPS surprise was +0.97%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...

Agree Realty (ADC) came out with quarterly funds from operations (FFO) of $1.04 per share, beating the Zacks Consensus Estimate of $1.03 per share. This compares to FFO of $0.98 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 0.97%. A quarter ago, it was expected that this real estate investment trust would post FFO of $1.01 per share when it actually produced FFO of $1.03, delivering a surprise of 1.98%.Over the last four quarters ...

Exhibit 99.1 1 32301 Woodward Ave. Royal Oak, MI 48073 www.agreerealty.com FOR IMMEDIATE RELEASE Agree Realty Corporation Reports Second Quarter 2024 Results Increases 2024 AFFO Per Share Guidance to $4.11 to $4.14; Raises 2024 Acquisition Guidance to Approximately $700 Million; Receives Commitments to Expand Credit Facility to $1.25 Billion & Extend Maturity Until 2029 Royal Oak, MI, July 23, 2024 -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced results for the quarter ended June 30, ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q Mark One ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2024, or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number 001-12928 AGREE REALTY CORPORATION (Exact name of registrant as specified in its charter) | --- | --- | |----------- ...

8vFanI/iStock via Getty Images Introduction Since the latest CPI report, the market has been enthusiastic about interest rate cuts in the near future. One sector that has reacted positively to the news is one that I have been beating the drum on for over a year, the REIT sector (XLRE). With higher for longer interest rates negatively impacting their share prices the past two years, many were trading at or below their pandemic lows, creating a great buying opportunity for investors. Additionally, this al ...