Agree Realty

Agree Realty Corp. is a real estate investment trust, which focuses on the ownership, development, acquisition, and management of retail properties net leased to national tenants. It specializes in acquiring and developing net leased retail properties for retail tenants. The company was founded by Richard Agree in 1971 and is headquartered in Bloomfield Hills, MI.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Agree Realty (ADC) reports record 2022 performance amidst market challenges

Agree Realty (ADC) had a strong performance in 2022, maintaining high occupancy rates, increasing dividends, and managing expenses effectively.
The company faces challenges in managing leverage, dealing with reduced transactional volume, and potential bankruptcies in retail sectors.
Opportunities lie in pursuing multi-tenant deals, securing better terms in acquisitions, and benefiting from favorable market conditions.
Overall, ADC's defensive portfolio, strong balance sheet, and strategic positioning position the company well for future growth and value creation.

Agree Realty (ADC) raises 2023 acquisition guidance amidst retail challenges

Agree Realty (ADC) is off to a strong start in 2023, focusing on strategic acquisitions and technology investments. While maintaining a robust balance sheet, the company faces challenges in navigating post-COVID retail uncertainties. ADC is poised to capitalize on sale-leaseback opportunities and pursue growth in single-tenant retail.

Agree Realty (ADC) reports robust Q2 performance amidst financing challenges

Agree Realty demonstrated financial strength and operational resilience in Q2 2023, maintaining high occupancy rates and expanding its property portfolio. While facing challenges in financing and development partnerships, the company remains focused on sustainable growth and seizing opportunities in a dynamic market environment.

Agree Realty (ADC) reports robust Q3 performance amidst market challenges

Agree Realty (ADC) delivered strong financial performance in Q3, with increased dividends and steady cost management.
The company's focus on investment-grade tenants and ESG initiatives positions it well for sustainable growth.
While facing challenges from rising rates and market dynamics, ADC's disciplined strategy presents opportunities for strategic acquisitions.
Overall, ADC remains resilient in navigating market challenges and capitalizing on growth prospects in the real estate sector.

Agree Realty excels in disciplined investments amidst market challenges

Agree Realty had a strong performance in 2023, focusing on high-quality retail properties and disciplined investments.
The company's strengths lie in its stable balance sheet, strategic reduction of exposure, and strong debt strategy.
Challenges include a fragmented buyer pool, cautious approach to certain sectors, and an expected decrease in transaction volume.
Opportunities exist in selling assets, redeploying capital, and leveraging retailer expansion in discount spaces for growth.

Agree Realty (ADC) reports robust Q1 performance amidst market challenges

Agree Realty demonstrates strong financial performance and strategic focus on AFFO growth, supported by a robust balance sheet and positive lease dynamics.
Management's confidence in consistent earnings growth and ability to execute acquisitions without external capital raise underpin operational strength.
Challenges in financing environment and market uncertainties require strategic adaptation, while unique opportunities and active portfolio management offer avenues for growth.
Overall, Agree Realty's Q1 earnings call highlights a resilient performance amidst challenges, with a focus on seizing growth opportunities and optimizing portfolio value.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Agree Realty Corp. is a real estate investment trust, which focuses on the ownership, development, acquisition, and management of retail properties net leased to national tenants. It specializes in acquiring and developing net leased retail properties for retail tenants. The company was founded by Richard Agree in 1971 and is headquartered in Royal Oak, MI.

AGNC Investment

Apple Hospitality REIT

Crown Castle International

iShares CMBS ETF

Dynex Capital

Equity LifeStyle Properties

Farmland Partners

First Industrial Realty Trust

Hannon Armstrong Sustainable Infrastructure Capital

iShares MBS ETF

Medical Properties Trust

Orchid Island Capital

Alpine Income Property Trust

Prologis

iShares Mortgage Real Estate ETF

Rexford Industrial Realty

Rithm Capital Corp

Sculptor Capital Management

Seven Hills Realty Trust

Tanger Factory Outlet Centers

SL Green Realty

Sun Communities

Terreno Realty

Vanguard Real Estate ETF

U.S. equity markets remained turbulent while benchmark interest rates retreated as investors weighed shocking geopolitical developments in the Middle East against inflation data showing an energy-driven reacceleration in price pressures. Posting a second week of modest gains following a four-week skid, the S&P 500 advanced 0.5%, but gains remained "top-heavy." The Mid-Cap 400 and Small-Cap 600 each posted weekly declines.

Different World, Same Problems

A. O. Smith

Apogee Enterprises

Axis Capital

Caterpillar

Colgate-Palmolive

Camden Property

Quest Diagnostics

Erie Indemnity

Evans Bancorp

First of Long Island

Farmers & Merchants Bancorp

First Bancorp

H.B. Fuller

Gladstone Investment

Glacier Bancorp

Graham Holdings

Great Southern Bancorp

Horizon

Intuit

Gladstone Land

Lockheed Martin

Northwest Natural Gas

Bank OZK

Procter & Gamble

Pentair

Republic Bancorp

Royal Gold

Roper Technologies

RPM International

Riverview Bancorp

Shoe Carnival

Star Group

Thor Industries

Tootsie Roll Industries

Toro

WD-40

Williams-Sonoma

Xcel Energy

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates.

Dividend Champion, Contender, And Challenger Highlights: Week Of October 15

Alexandria Real Estate Equities

Extra Space Storage

Mid-America Apartment Communities

Realty Income Corp

Vici Properties

W. P. Carey

The best buying opportunities often require going against the crowd or the prevailing wisdom, which inherently feels unnatural for most people. Interest rates are likely to come down in 2024, which could be a catalyst for REITs to shift from underperformance to outperformance.

Buy REITs Before Everyone Else Does

EPR Properties

Agree Realty owns very stable income-producing real estate. EPR Properties pays a monthly dividend approaching 8%.

Looking to Increase Your Income? Check Out These Top Monthly Dividend Stocks.

STAG Industrial

All three of these companies have investors earning income every month.

3 Dividend Stocks That Pay Every Month

Investors are pulling out of the stock market and into lower-yielding investments like T-bills, causing stock prices to drop. REITs, such as Agree Realty and Realty Income, have seen their prices decline, presenting an opportunity for investors. Agree Realty has a strong balance sheet and no exposure to office properties, while Realty Income has acquired a stake in the Bellagio and has potential for growth in the gaming industry.

Perception Is Not The Reality: 2 REITs I'm Buying All The Way Down

ROYAL OAK, Mich. , Oct. 2, 2023 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that it will release its third quarter 2023 operating results after the market closes on Tuesday, October 24, 2023.

Agree Realty Announces Third Quarter 2023 Earnings Release Date and Conference Call Information

Broadcom

Energy Transfer LP Unit

1-800-FLOWERS.COM

Planet Labs

iStar Inc

Super Micro Computer

One of the best ways to spot potential opportunities is by looking for which insider stocks to buy. In fact, for insider stocks to buy, who knows the company better than a CEO, CFO, COO, officer, employee, or director?

7 “Insider” Stocks Set to Explode Higher

REITs are not overleveraged and have maintained well-structured balance sheets with low leverage ratios. The commercial real estate sector as a whole may face challenges due to maturing debt, but not all companies will struggle. REITs like Agree Realty and VICI Properties are well positioned with strong balance sheets and access to diverse sources of capital.

Agree Realty, VICI Properties And Debunking The 'REITs Have High Leverage' Myth

Agree Realty Corporation is a net lease REIT focused on single-tenant big box stores. The company has a safe portfolio leased primarily to investment-grade tenants, and its balance sheet has very little interest rate risk until 2028. I present my outlook and guide to high single-digit returns even under a higher for longer scenario.

Agree Realty: One Of The Best Picks For A High Interest Rate Environment

American Assets

Uniti Group

REITs have crashed and are now opportunistic. Insiders are making multi-million-dollar purchases! We highlight 5 REITs with major insider buys to consider today.

5 REITs With Major Insider Purchases

Brixmor Property Group

City Office REIT

Franklin Street Properties Corp.

Hudson Pacific Properties

Invesco KBW Premium Yield Equity REIT ETF

National Retail Properties

Wheeler Real Estate Investment Trust

Many high-quality equity REITs are trading at substantial discounts on price-to-NAV ratios. REITs with good management teams should be able to gain a premium to NAV, but very few are achieving this currently. The amount of new apartment construction poses a risk, but some REITs are trading at unusually cheap price-to-NAV ratios.

6 Stellar REITs At Big Discounts To NAV

Gladstone Commercial

It has been 18 long months of interest rate hikes, but it is becoming clear that, while painful, the Federal Reserve's rate hike campaign is working.

Rate Hikes Ending: 7 REITs With Huge Monthly Dividends and Big Upside Potential to Buy Before It Is Too Late

iShares U.S. Real Estate ETF

Public Storage

Consumer Staples Select Sector SPDR Fund

Real Estate Select Sector SPDR Fund

Utilities Select Sector SPDR Fund

REITs have dropped by about 30% since early 2022, much more than other defensive, debt-utilizing sectors like utilities and consumer staples. Interest rates are unlikely to increase significantly further from here, while REIT fundamentals remain strong, aside from the notable exception of office buildings. I highlight 6 of my favorite blue-chip REITs with investment-grade credit ratings, low-leveraged balance sheets, and strong long-term growth prospects.

REIT Crash: The More They Drop, The More I Buy

American Tower

CBL & Associates Properties

Warren Buffett and Charlie Munger emphasize the importance of staying within one's circle of competence in investing. The concept is likened to a baseball analogy, where waiting for the right pitch in the right location leads to success. We share personal examples of straying outside of a circle of competence, resulting in financial losses. And we share some ideas on a few REITs as well.

Lesson Learned: Stay In Your Circle Of Competence

Announces Addition of Edward Eickhoff as Executive Vice President, Asset Management ROYAL OAK, Mich. , Sept. 18, 2023 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") is pleased to announce that effective today, Nicole Witteveen has been promoted to Chief Operating Officer of the Company.

Agree Realty Promotes Nicole Witteveen to Chief Operating Officer

News for Agree Realty Stock (ADC)