Streetbeat News

ADC

Agree Realty Corporation

https://www.agreerealty.com

Industry

REIT - Retail

Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants. As of September 30, 2020, the Company owned and operated a portfolio of 1,027 properties, located in 45 states and containing approximately 21.0 million square feet of gross leasable area. The Company's common stock is listed on the New York Stock Exchange under the symbol "ADC".

Open

77.41

Mkt cap

7.9B

Volume

437K

High

77.50

P/E Ratio

42.24

52-wk high

77.58

Low

76.31

Div yield

0.04

52-wk low

54.28

The article suggests that while Warren Buffett is investing in Treasury bonds, everyday investors might find more value in stocks like Agree Realty (ADC). ADC offers a 4% dividend yield, a strong balance sheet, and consistent shareholder returns, making it a solid long-term investment. The company's strategic portfolio management and focus on high-quality, recession-resistant tenants position it well for future growth.

Portfolio Pulse from

November 13, 2024 | 4:15 pm

Entero Therapeutics (Nasdaq: ENTO) announced a proposed reverse merger with Journey Therapeutics, a clinical-stage biopharmaceutical company. Journey's shareholders will acquire 99% of Entero's equity, and the combined company will operate under the name Journey Therapeutics, Inc. The merger is subject to several conditions, including equity financing and stockholder approval.

Portfolio Pulse from

November 13, 2024 | 12:15 pm

Agree Realty Corporation has declared a monthly cash dividend of $0.253 per common share, as authorized by its Board of Directors.

Portfolio Pulse from

November 12, 2024 | 9:15 pm

REITs have experienced a decline in share prices due to the upcoming presidential election and rising geopolitical tensions. However, NNN REIT and VICI Properties have shown strong Q3 earnings, making them attractive for long-term investors.

Portfolio Pulse from

November 12, 2024 | 2:00 pm

The article discusses two REITs that are considered 'Strong Buy' due to their significant discounts despite a general rise in the REIT sector. These REITs have not participated in the recent rally, presenting potential investment opportunities.

Portfolio Pulse from

November 12, 2024 | 1:45 pm

The article suggests that macroeconomic factors, such as potential rate cuts, are more influential than political events for REITs. It highlights three REITs as attractive investment opportunities due to their current low valuations and potential benefits from rate cuts.

Portfolio Pulse from

November 11, 2024 | 1:45 pm

High-yield dividend growth stocks have been performing well recently, but some have not participated in the rally and are now undervalued. The article highlights three such stocks with strong outlooks but currently facing short-term issues.

Portfolio Pulse from

November 11, 2024 | 12:30 pm

The article discusses three high-yield dividend stocks that provide monthly income, highlighting the consistent outperformance of dividend-paying stocks over non-dividend payers.

Portfolio Pulse from

November 09, 2024 | 11:45 am

The article discusses two overpriced REITs that investors should avoid and suggests one better alternative. It highlights the importance of evaluating REIT valuations before investing.

Portfolio Pulse from

November 07, 2024 | 1:30 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.