Agree Realty(ADC)

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3 Once-In-A-Decade REIT Opportunities
Seeking Alpha· 2025-04-30 12:15
Our approach has earned us 500+ five-star reviews from satisfied members who are already seeing the benefits. Don’t miss out—join now and start maximizing your returns!We invest thousands of hours and over $100,000 annually into researching the most profitable investment opportunities—all to bring you real estate strategies at just a fraction of the cost.Over the past years, we have seen REIT ( VNQ ) share prices crash even as most of them kept growing their cash flows and dividends, and as a result, REITs ...
Tensions Ease Ahead Of Critical Week
Seeking Alpha· 2025-04-27 13:00
Core Insights - The article discusses the investment landscape in the real estate sector, particularly focusing on the performance and potential of various real estate investment trusts (REITs) and housing-related companies [1][2]. Group 1: Company Insights - Hoya Capital Research & Index Innovations is affiliated with Hoya Capital Real Estate, which provides investment advisory services and focuses on publicly traded securities in the real estate industry [2]. - The commentary emphasizes that the information provided is for educational purposes and does not constitute investment advice [2][3]. Group 2: Industry Insights - The real estate industry is highlighted as having unique risks associated with investments in real estate companies and housing industry companies [2]. - The article notes that past performance of market data does not guarantee future results, indicating the volatile nature of the real estate market [3].
Forget Gold, Buy Dividends - 3 Great Places To Buy Income
Seeking Alpha· 2025-04-27 11:30
Group 1 - The article discusses the impact of the gold rush on American character, highlighting a shift towards a get-rich-quick mentality that has persisted over time [1] - It mentions the importance of in-depth research on various investment vehicles such as REITs, mREITs, Preferreds, BDCs, MLPs, and ETFs, emphasizing the value of a free trial for potential investors [1] Group 2 - The article includes a disclosure regarding the author's beneficial long position in specific shares, indicating a personal investment interest in AM and REXR [1] - It clarifies that past performance is not indicative of future results and that no specific investment advice is being provided [2]
Agree Realty Announces Exercise of Underwriters' Option and Closing of Forward Offering of Common Stock
Prnewswire· 2025-04-25 20:05
ROYAL OAK, Mich., April 25, 2025 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that it has completed its public offering of 5,175,000 shares of its common stock, which includes the underwriters' full exercise of their option to purchase additional shares, pursuant to the forward sale agreement described below.BofA Securities acted as the sole book-running manager for the offering and Raymond James, Stifel, BTIG, Regions Securities LLC, and SMBC Nikko acted as co-manage ...
Agree Realty Announces Pricing of Forward Common Stock Offering
Prnewswire· 2025-04-24 01:50
Core Viewpoint - Agree Realty Corporation has announced a public offering of 4,500,000 shares of common stock at a price of $75.70 per share, with an option for the underwriter to purchase an additional 675,000 shares, expected to close around April 25, 2025 [1][2]. Group 1: Offering Details - The offering involves a forward sale agreement with Bank of America, allowing for the potential sale of up to 5,175,000 shares if the underwriter fully exercises its option [3]. - The Company will not receive immediate proceeds from the forward sale, but expects to use future net proceeds for general corporate purposes, including property acquisitions and debt repayment [4]. Group 2: Company Overview - Agree Realty Corporation is a publicly traded real estate investment trust focused on acquiring and developing properties leased to leading omni-channel retail tenants, owning a portfolio of 2,422 properties across all 50 states, totaling approximately 50.3 million square feet of gross leasable area as of March 31, 2025 [7].
Agree Realty Announces Common Stock Offering
Prnewswire· 2025-04-23 20:05
ROYAL OAK, Mich., April 23, 2025 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that it commenced an underwritten public offering of 4,500,000 shares of its common stock in connection with the forward sale agreement described below. In connection with the offering, the Company expects to grant the underwriter a 30-day option to purchase up to an additional 675,000 shares of common stock.BofA Securities is acting as the sole book-running manager for the offering.The Comp ...
Agree Realty(ADC) - 2025 Q1 - Earnings Call Transcript
2025-04-23 16:04
Agree Realty Corporation (NYSE:ADC) Q1 2025 Earnings Conference Call April 23, 2025 9:00 AM ET Company Participants Reuben Treatman - Senior Director of Corporate Finance Joey Agree - President and Chief Executive Officer Peter Coughenour - Chief Financial Officer Conference Call Participants Ki Bin Kim - Truist Securities Smedes Rose - Citigroup RJ Milligan - Raymond James & Associates, Inc. Michael Goldsmith - UBS Linda Tsai - Jefferies Group LLC John Kilichowski - Wells Fargo Securities, LLC Ronald Kamde ...
Agree Realty (ADC) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2025-04-22 23:05
For the quarter ended March 2025, Agree Realty (ADC) reported revenue of $169.16 million, up 13.2% over the same period last year. EPS came in at $1.06, compared to $0.43 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $166.19 million, representing a surprise of +1.79%. The company delivered an EPS surprise of +0.95%, with the consensus EPS estimate being $1.05.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stree ...
Agree Realty (ADC) Tops Q1 FFO and Revenue Estimates
ZACKS· 2025-04-22 22:16
Agree Realty (ADC) came out with quarterly funds from operations (FFO) of $1.06 per share, beating the Zacks Consensus Estimate of $1.05 per share. This compares to FFO of $1.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 0.95%. 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 ...
Agree Realty(ADC) - 2025 Q1 - Quarterly Results
2025-04-22 20:05
Exhibit 99.1 32301 Woodward Ave. Royal Oak, MI 48073 www.agreerealty.com FOR IMMEDIATE RELEASE Agree Realty Corporation Reports First Quarter 2025 Results Raises 2025 Investment Guidance to $1.3 Billion to $1.5 Billion Increases 2025 AFFO Per Share Guidance to $4.27 to $4.30 Royal Oak, MI, April 22, 2025 -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced results for the quarter ended March 31, 2025. All per share amounts included herein are on a diluted per common share basis unless oth ...