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 ...

These two dividend growth stocks offer you at least double what you get from the S&P 500, all backed by very boring businesses.The problem with dividend growth stocks is that investors often afford them a premium valuation. Given the dividend yield equation, that basically translates to a lower yield. However, the stock market is near all-time highs right now, so the yield on the S&P 500 is disappointingly hovering at a little less than 1.3%. You can do much better than that with dividend growers like Agree ...

Real Estate Investment Trusts, or REITs, are an asset class allowing investors to gain real estate exposure without buying properties. Investors could be interested in REITs for many reasons, but the most likely one is elevated dividend yields. Not only do most REITs have higher yields than the S&P 500, but they also regularly outperform the market. Furthermore, REIT stocks are less vulnerable to significant market corrections than other stocks since they hold onto tangible assets (real estate properties). ...

BernardaSv Introduction With the CPI report that came out recently, the market seems to be enthusiastic about rate cuts coming soon. When I looked at my portfolio and saw all my REIT positions up nicely, I knew the report must have been good in the eyes of investors. However, I think REITs will see further upside once the rate cuts actually happen. Let's be honest, even though we all assume rate cuts are happening this year, no one knows for sure. Anything can occur between now and then, but there are s ...