Agree Realty(ADC)
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February's 5 Dividend Growth Stocks With 4.75%+ Yields
Seeking Alpha· 2024-02-17 12:08
JLGutierrez Written by Nick Ackerman. For some background on this monthly publication, here is my view on dividend growth stocks: Dividend growth stocks aren't always the most exciting investments out there. They often aren't grabbing the headlines, and they aren't the stocks running up hundreds of percentages in a year. In fact, they are often some of the least exciting stocks. And that is precisely their strongest selling point. With such a vast world of dividend growth stocks available out there, it is ...
Agree Realty(ADC) - 2023 Q4 - Earnings Call Transcript
2024-02-14 19:03
Agree Realty Corporation (NYSE:ADC) Q4 2023 Earnings Conference Call February 14, 2024 9:00 AM ET Company Participants Brian Hawthorne - Director of Corporate Finance Joey Agree - President, Chief Executive Officer & Director Peter Coughenour - Chief Financial Officer, Secretary & Investor Relations Professional Conference Call Participants Spencer Allaway - Green Street Advisors Smedes Rose - Citigroup Ki Bin Kim - Truist Securities Robert Stevenson - Janney Montgomery Scott Haendel St. Juste - Mizuho Secu ...
Agree Realty Corporation Reports Fourth Quarter and Full Year 2023 Results
Prnewswire· 2024-02-14 17:41
Fourth Quarter ATM Activity Creates $500 Million of Leverage Neutral Investment Capacity ROYAL OAK, Mich., Feb. 13, 2024 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced results for the quarter and full year ended December 31, 2023. All per share amounts included herein are on a diluted per common share basis unless otherwise stated. Fourth Quarter 2023 Financial and Operating Highlights: Invested approximately $199 million in 70 retail net lease properties Completed fou ...
3 Buy Alerts: Triple Net REITs Are Falling Like Ninepins
Seeking Alpha· 2024-02-14 15:30
EricGerrard/E+ via Getty ImagesWritten by Sam Kovacs Introduction After a great run in November and December, REITs have tumbled so far in 2024. Triple Net Lease REITs have been falling more. While the SPDR Select Real Estate Fund (XLRE) is down 5% YTD, some of the larger triple net REITs are down 8-14%, namely: Realty Income (O), WP Carey (WPC), Agree Realty (ADC), and National Retail Properties (NNN). XLRE vs O vs WPC vs NNN vs ADC (Dividend Freedom Tribe)One of our members asked: Just seems all the T ...
Agree Realty (ADC) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-02-14 02:00
Agree Realty (ADC) reported $144.17 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 23.7%. EPS of $1.00 for the same period compares to $0.44 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $141.74 million, representing a surprise of +1.71%. The company has not delivered EPS surprise, with the consensus EPS estimate being $1.00.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall St ...
W. P. Carey Vs. Agree Realty: Hell Hath No Fury Like An Income Investor Scorned
Seeking Alpha· 2024-02-13 00:01
Jesus Calonge/Moment via Getty Images We covered Agree Realty Corporation (NYSE:ADC) for the first time in September 2023. Our title gave away the thesis. We liked what we saw from a debt management perspective, and we were impressed by the risk management. However, we just could not get to a buy rating with cheaper alternatives out there. The stock has meandered around a small range, and there was certainly no loss in sitting out. Seeking Alpha The irony was that we named W. P. Carey Inc. (WPC) as one of t ...
Agree Realty(ADC) - 2023 Q4 - Annual Report
2024-02-12 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 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) Maryland 38-3148187 (State or other ju ...
Agree Realty: Patience Is Key To Unlocking Its Recovery
Seeking Alpha· 2024-02-09 13:30
martin-dm/E+ via Getty Images Agree Realty Corporation (NYSE:ADC) investors have had a year to forget, as ADC posted a 1Y total return of -17.4%, a significant deviation from its 10Y total return CAGR of 12.19%. As a result, ADC bulls could point to the potential for a significant mean-reversion opportunity for the leading net lease retail REIT as we emerge from the Fed's hiking regime. I last updated ADC investors in October 2022, as I upgraded the stock. That thesis worked for three months, but ADC to ...
3 High-Yield Monthly Dividend Stocks to Buy
InvestorPlace· 2024-02-08 19:31
With most companies distributing dividends quarterly, investors needing predictable monthly cash flow could desire more frequent payouts.The good news is that there are a number of securities that pay dividends on a monthly basis, helping to deliver a steady stream of income. This article will discuss three of the best monthly dividend stocks right now.STAG Industrial (STAG)Source: Don Pablo / Shutterstock.comSTAG Industrial (NYSE:STAG) is an owner and operator of industrial real estate. It is focused on si ...
Top Performing Stocks In January 2024
Seeking Alpha· 2024-02-02 04:41
tadamichi By Andrew Prochnow The beginning of the 2024 trading year resembles the end of the previous one, with numerous stocks recording gains in the initial 30 days of trading. Thus far in 2024, the S&P 500 has seen an increase of around 2%, with the Nasdaq Composite showing a more substantial rise closer to 3%. Similar to last year, technology stocks have notably surged at the start of the new year. Listed below are some of the top-performing stocks from the first month of the 2024 trading year (fil ...