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.

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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.

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Agree Realty's (ADC) rent collections for September improve relative to July and August receipts, highlighting the resiliency in its impressive portfolio.

Agree Realty (ADC) September Rent Collection Improves to 99%

BLOOMFIELD HILLS, Mich., Sept. 30, 2020 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced its progress on September and third quarter rent collections. As of September 30, 2020, the Company has received September rent payments from 99% of its portfolio...

Agree Realty Collects 99% of September Rent & Provides Third Quarter Rent Collections Update

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BLOOMFIELD HILLS, Mich., Sept. 23, 2020 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that it will release its third quarter 2020 operating results after the market closes on Monday, October 19, 2020. A conference call to discuss the Company's...

Agree Realty Announces Third Quarter 2020 Earnings Release Date and Conference Call Information

BLOOMFIELD HILLS, Mich., Sept. 9, 2020 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that its Board of Directors has authorized, and the Company has declared, a quarterly cash dividend of $0.60 per common share.

Agree Realty Declares Quarterly Cash Dividend

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Agree Realty's (ADC) rent collections for August improve relative to July and second-quarter receipts, demonstrating the resiliency in its impressive portfolio.

Agree Realty's (ADC) August Rent Collection Improves to 96%

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Agree Realty Corporation (NYSE: ADC) announced Monday the appointment of Craig Erlich as Chief Investment Officer, effective Aug.

What To Know About Agree Realty's New CIO Craig Erlich

BLOOMFIELD HILLS, Mich., Aug. 17, 2020 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced the appointment of Craig Erlich as Chief Investment Officer, effective August 19, 2020.

Agree Realty Announces Appointment of Craig Erlich as Chief Investment Officer

Agree Realty (ADC) taps the debt market with a $350-million senior unsecured notes offering. The proceeds from the offering will be used to fund acquisitions and development activities.

Agree Realty Prices $350M of 2.900% Senior Notes at 99.927%

BLOOMFIELD HILLS, Mich., Aug. 12, 2020 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that its operating partnership, Agree Limited Partnership (the "Operating Partnership"), priced a public offering of $350 million of 2.900% senior unsecured notes.

Agree Realty Announces Pricing of $350 Million of 2.900% Senior Unsecured Notes Due 2030

Agree Realty: Too Bad The Market Knows About This Superb Net Lease REIT

Agree Realty Corporation (ADC) CEO Joey Agree on Q2 2020 Results - Earnings Call Transcript

Agree Realty (ADC) delivered FFO and revenue surprises of 5.56% and 4.18%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Agree Realty (ADC) Tops Q2 FFO and Revenue Estimates

BLOOMFIELD HILLS, Mich., July 20, 2020 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced results for the quarter ended June 30, 2020.

Agree Realty Corporation Reports Record Second Quarter 2020 Results

Agree Realty (ADC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Agree Realty (ADC) Might Surprise This Earnings Season

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Agree Realty (ADC) collects 88% of its initial June rental receipts and defers 5%.

Agree Realty (ADC) Provides Insight Into Rent Collections

BLOOMFIELD HILLS, Mich., June 22, 2020 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced its progress on June rent collections and provided an update on April and May rent collections. As of June 22, 2020, the Company has received June rent payments from...

Agree Realty Provides Rent Collections Update

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BLOOMFIELD HILLS, Mich., June 1, 2020 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced its progress on May rent collections, recent acquisition and disposition activities, an update on its former Art Van Flagship store, and a capital markets and balance...

Agree Realty Announces Year-To-Date Company Update

News for Agree Realty Stock (ADC)