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 ...

财务数据和关键指标变化 - 第三季度核心每股基金运营（Core FFO）为1.01美元，同比增长2.2% [13] - 调整后每股基金运营（AFFO）为1.03美元，同比增长2.8% [13] - 2024年AFFO每股指导范围上调至4.12至4.14美元，年增长率约为4.6% [6][13] 各条业务线数据和关键指标变化 - 第三季度投资约2.37亿美元于93个高质量零售净租赁物业，其中包括66个资产，投资总额超过2.15亿美元 [7] - 通过外部增长平台，前九个月投资近5.8亿美元，涵盖176个零售净租赁物业 [8] 各个市场数据和关键指标变化 - 收购的物业加权平均资本化率为7.5%，同比增加60个基点 [7] - 投资级零售商占年化基础租金的60%以上 [7] 公司战略和发展方向和行业竞争 - 公司计划在2025年前执行约8.5亿美元的收购指导 [6] - 公司在资产管理方面表现出色，2024年租赁到期仅剩三份租约，年化基础租金的占比不到10个基点 [9] - 公司在零售市场中积极寻找机会，尤其是在非奢侈品和非体验类的零售商中 [19] 管理层对经营环境和未来前景的评论 - 管理层对当前市场状态表示乐观，认为市场正在经历重置，卖方的预期已趋于现实 [22] - 管理层预计第四季度将是公司年度中最活跃的季度 [8][15] 其他重要信息 - 公司在第三季度通过ATM计划筹集了近4.7亿美元的前瞻性股权 [11] - S&P将公司的信用评级上调至BBB+，反映出公司资产负债表的强劲和高质量的投资组合 [5][11] 问答环节所有提问和回答 问题: 关于资本化率的变化 - 管理层表示，尽管10年期国债收益率上升，预计第四季度资本化率将继续压缩，主要集中在高质量机会 [16][17] 问题: 关于观察名单的变化 - 管理层确认观察名单没有变化，强调与租户的良好关系和市场机会 [18][19] 问题: 关于市场机会的变化 - 管理层认为市场机会的增加是由于卖方对未来利率和宏观经济的信心恢复 [22] 问题: 关于信用损失的情况 - 管理层提到，年初至今的信用损失约为30个基点，略高于长期平均水平 [26] 问题: 关于收购市场的情况 - 管理层表示，当前市场上有多种类型的收购机会，包括单一信用组合和销售租回机会 [28] 问题: 关于自然灾害的风险 - 管理层表示，自然灾害的风险已纳入考量，并在保险政策中有所体现 [29] 问题: 关于餐饮行业的看法 - 管理层指出，餐饮行业面临高劳动成本和消费者偏好变化的挑战，餐饮并非公司的投资重点 [35][36] 问题: 关于未来的预期 - 管理层认为，未来的潜在上行空间主要来自于收购和市场份额的增加 [38][39] 问题: 关于信用监控的过程 - 管理层强调，信用监控过程是公司评估租户和市场的关键 [41] 问题: 关于第四季度的收购质量 - 管理层表示，第四季度的收购将是年度中质量最高的，主要集中在投资级租户 [43]

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) 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, ...

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) | --- | --- | |------ ...

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 ...

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 ...

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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 ...

Investors are always looking for stocks that are poised to beat at earnings season and Agree Realty Corporation (ADC) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Agree Realty is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pret ...