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

71.43

Mkt cap

7.8B

Volume

1.3M

High

72.86

P/E Ratio

40.92

52-wk high

78.39

Low

71.43

Div yield

0.04

52-wk low

54.28

The REIT sector continued to struggle in January 2025, with negative total returns of -1.29%. Large and mid cap REITs saw slight gains, while small and micro caps experienced losses. Only 42.58% of REIT securities had positive returns.

Portfolio Pulse from

February 21, 2025 | 5:15 pm

Sonnet BioTherapeutics has announced that its proprietary Antibody Drug Conjugate (ADC) platform is now available for drug discovery partnerships. This platform is designed to produce multiple pipeline drug candidates, offering flexible payload capacity and controllable drug-antibody ratios.

Portfolio Pulse from

February 19, 2025 | 1:45 pm

Agree Realty (ADC) and Realty Income (O) are two REITs with different strengths. ADC offers better stability and tenant credit quality, while O provides a higher starting dividend yield. Both are recommended for accumulation due to their unique benefits.

Portfolio Pulse from

February 18, 2025 | 4:00 pm

Corbus Pharmaceuticals Holdings, Inc. presented promising Phase 1 study results for CRB-701, a Nectin-4 targeting ADC, at the ASCO GU 2025. The study, conducted in the US and UK, showed encouraging safety and broader efficacy.

Portfolio Pulse from

February 14, 2025 | 12:45 pm

The article discusses building a $1,000 monthly dividend income stream from REITs, highlighting that REIT dividend yields are historically high, even for high-quality REITs.

Portfolio Pulse from

February 13, 2025 | 1:45 pm

Agree Realty Corporation (ADC) held its Q4 2024 earnings call on February 12, 2025. The call included key company participants and various analysts from major financial institutions.

Portfolio Pulse from

February 12, 2025 | 5:15 pm

Agree Realty (ADC) has been downgraded to a SELL due to its stretched valuation and lower expected returns, despite its strong business model. The high valuation implies limited price appreciation, making it less attractive compared to peers.

Portfolio Pulse from

February 12, 2025 | 8:45 am

Agree Realty (ADC) has released its Q4 earnings report for the quarter ended December 2024. The report provides insight into the company's performance, comparing key metrics to Wall Street estimates and the previous year's results.

Portfolio Pulse from

February 12, 2025 | 12:15 am

Agree Realty (ADC) reported Q4 funds from operations (FFO) of $1.04 per share, surpassing the Zacks Consensus Estimate of $1.03 per share. This marks an improvement from $1 per share a year ago.

Portfolio Pulse from

February 12, 2025 | 12:00 am

Agree Realty Corporation (NYSE: ADC) reported its fourth quarter and full year 2024 results, and provided initial 2025 AFFO per share guidance of $4.26 to $4.30.

Portfolio Pulse from

February 11, 2025 | 9:15 pm

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