Agree Realty Q1: Who Cares About Lower Interest Rates When You Can Collect 9% While You Wait [Seeking Alpha]
Agree Realty Corporation (ADC)
Last agree realty corporation earnings: 4/20 06:15 am
Check Earnings Report
US:NYSE Investor Relations:
agreerealty.com/invest
Company Research
Source: Seeking Alpha
ADC delivered AFFO guidance of $4.10 - $4.13 for the first time, representing a growth rate of 4% year-over-year. Investors collect a 5% dividend yield coupled with 4% growth, offering a total growth rate of 9% for those willing to hold until interest rates are lowered. Q1 earnings showed that interest rates have impacted REITs with Agree Realty delivering acquisition guidance of $600 million for the year, much lower than the $1.3 billion for the company in 2023. Agree Realty's balance sheet puts them in a strong financial position with no debt maturities until 2028 and approximately $100 million in free cash flow after dividends. Introduction Since starting here on Seeking Alpha roughly a year ago, I've been beating the drum on Agree Realty ( NYSE: ADC ). In my opinion, they are one of the best net lease REITs in the retail Recommended For You Recommended For You
Show less
Read more
Impact Snapshot
Event Time:
ADC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ADC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ADC alerts
High impacting Agree Realty Corporation news events
Weekly update
A roundup of the hottest topics
ADC
News
- Agree Realty Declares Monthly Common and Preferred DividendsPR Newswire
- Agree Realty Stock: Buy, Sell, or Hold? [Yahoo! Finance]Yahoo! Finance
- Agree Realty Co. (NYSE: ADC) had its price target raised by analysts at Mizuho from $60.00 to $62.00. They now have a "neutral" rating on the stock.MarketBeat
- 1 Magnificent Dividend Stock Down 25% to Buy and Hold Forever [Yahoo! Finance]Yahoo! Finance
- Agree Realty Announces Pricing of $450 Million of 5.625% Senior Unsecured Notes Due 2034 [Yahoo! Finance]Yahoo! Finance
ADC
Earnings
- 4/23/24 - Miss
ADC
Sec Filings
- 5/13/24 - Form 8-K
- 5/8/24 - Form 8-K
- 5/6/24 - Form FWP
- ADC's page on the SEC website