Agree Realty(ADC)
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Agree Realty Q3 Earnings: Buying What They Are Selling
Seeking Alpha· 2024-10-24 12:30
After a tumultuous several years, the net lease sector appears to have returned to relative stability. We recently published an article talking about yield in the net lease sector titled, " Understanding Net Lease Yields REITer's Digest is a discussion forum for my thoughts on investments. I spent more than ten years working in the real estate industry, including an S&P500 REIT and a Big Four consulting group. I am light-hearted, openminded, and a student of the game. Investing is not for the faint of heart ...
This 4%-Yielding Dividend Stock Is Stepping on the Accelerator
The Motley Fool· 2024-10-24 11:06
Agree Realty offers an attractive and steadily rising stream of dividend income.Agree Realty (ADC 2.09%) has been a very consistent dividend stock over the years. The real estate investment trust (REIT) pays a monthly dividend that has grown at a 5.7% compound annual rate over the past decade. The retail REIT recently increased its monthly payment by another 1.2%, bringing its total raise over the past year to 2.4%. Its dividend currently yields 4%, which is more than triple the S&P 500's dividend yield (le ...
Agree Realty(ADC) - 2024 Q3 - Earnings Call Transcript
2024-10-23 17:02
Agree Realty Corporation (NYSE:ADC) Q3 2024 Earnings Conference Call October 23, 2024 9:00 AM ET Company Participants Joey Agree - President & CEO Peter Coughenour - CFO Reuben Treatman - Senior Director of Corporate Finance Conference Call Participants Nick Joseph - Citi Brad Heffern - RBC Capital Markets Ronald Kamdem - Morgan Stanley Eric Borden - BMO Capital Markets John Kilichowski - Wells Fargo Linda Tsai - Jefferies RJ Milligan - Raymond James Joshua Dennerlein - Bank of America Michael Goldsmith - U ...
Agree Realty (ADC) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-10-22 22:30
For the quarter ended September 2024, Agree Realty (ADC) reported revenue of $154.33 million, up 12.8% over the same period last year. EPS came in at $1.03, compared to $0.41 in the year-ago quarter.The reported revenue represents a surprise of +1.28% over the Zacks Consensus Estimate of $152.38 million. With the consensus EPS estimate being $1.03, the company has not delivered EPS surprise.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectati ...
Agree Realty (ADC) Meets Q3 FFO Estimates
ZACKS· 2024-10-22 22:15
Agree Realty (ADC) came out with quarterly funds from operations (FFO) of $1.03 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $1 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this real estate investment trust would post FFO of $1.03 per share when it actually produced FFO of $1.04, delivering a surprise of 0.97%.Over the last four quarters, the company has surpassed consensus FFO estimates two times.Agree Realty, ...
Agree Realty(ADC) - 2024 Q3 - Quarterly Report
2024-10-22 20:05
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 September 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) | --- | --- | |------ ...
Agree Realty(ADC) - 2024 Q3 - Quarterly Results
2024-10-22 20:05
Exhibit 99.1 32301 Woodward Ave. Royal Oak, MI 48073 www.agreerealty.com FOR IMMEDIATE RELEASE Agree Realty Corporation Reports Third Quarter 2024 Results Raises 2024 Acquisition Guidance to Approximately $850 Million Capital Markets Activities Drive Record Liquidity of Over $1.9 Billion Royal Oak, MI, October 22, 2024 -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced results for the quarter ended September 30, 2024. All per share amounts included herein are on a diluted per common sha ...
Agree Realty Corporation Reports Third Quarter 2024 Results
Prnewswire· 2024-10-22 20:05
Raises 2024 Acquisition Guidance to Approximately $850 MillionCapital Markets Activities Drive Record Liquidity of Over $1.9 BillionROYAL OAK, Mich., Oct. 22, 2024 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced results for the quarter ended September 30, 2024. All per share amounts included herein are on a diluted per common share basis unless otherwise stated.Third Quarter 2024 Financial and Operating Highlights:Invested approximately $237 million in 93 retail net lea ...
If I Could Only Buy 3 REITs For The Next Year
Seeking Alpha· 2024-10-22 12:25
You won't be charged a penny during the free trial, so you have nothing to lose and everything to gain.If you want full access to our Portfolio and all our current Top Picks, feel free to join us at High Yield Landlord for a 2-week free trial.The end of the year is approaching, and we are now evaluating what would be the best REIT investment opportunities for the new year.He is the leader of the investing group High Yield Landlord , where he shares his real-money REIT portfolio and transactions in real-time ...
Wakeup Call - It's Time To Buy High-Yield Dividends
Seeking Alpha· 2024-10-21 11:30
Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial .Analyst’s Disclosure: I/we have a beneficial long position in the shares of AM, CNQ, PEP, CME either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from See ...