• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    Agree Realty Corporation filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

    5/16/25 4:07:13 PM ET
    $ADC
    Real Estate Investment Trusts
    Real Estate
    Get the next $ADC alert in real time by email
    false 0000917251 0000917251 2025-05-14 2025-05-14 0000917251 us-gaap:CommonStockMember 2025-05-14 2025-05-14 0000917251 adc:DepositarySharesMember 2025-05-14 2025-05-14 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    WASHINGTON, D.C. 20549

     

    FORM 8-K

     

    CURRENT REPORT

    PURSUANT TO SECTION 13 OR 15(d) OF THE

    SECURITIES EXCHANGE ACT OF 1934

     

    Date of report (Date of earliest event reported): May 14, 2025

     

    AGREE REALTY CORPORATION

    (Exact name of registrant as specified in its charter)

     

    Maryland

    (State or other jurisdiction of incorporation)

     

    1-12928

    (Commission file number)

    38-3148187

    (I.R.S. Employer Identification No.)

       

    32301 Woodward Avenue

    Royal Oak, Michigan

    (Address of principal executive offices)

    48073

    (Zip code)

     

    (Registrant’s telephone number, including area code) (248) 737-4190

     

    Not applicable

    (Former name or former address, if changed since last report)

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

     

    ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class Trading
    Symbol(s)
    Name of each exchange
    on which registered
    Common Stock, $0.0001 par value ADC New York Stock Exchange
    Depositary Shares, each representing one-thousandth of a share of 4.25% Series A Cumulative Redeemable Preferred Stock, $0.0001 par value ADCPrA New York Stock Exchange

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). 

     

    Emerging growth company ¨

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

     

     

     

     

     

      Item 8.01. Other Events.

     

    On May 14, 2025, Agree Limited Partnership (the “Issuer”), a Delaware limited partnership and subsidiary of Agree Realty Corporation, a Maryland corporation (the “Parent Guarantor”), entered into an underwriting agreement (the “Underwriting Agreement”) with J.P. Morgan Securities LLC, Mizuho Securities USA LLC, PNC Capital Markets LLC and Wells Fargo Securities, LLC, as representatives of the several underwriters listed on Schedule I attached thereto, and the other guarantors named therein (together with the Parent Guarantor, the “Guarantors”), relating to the underwritten public offering of $400,000,000 aggregate principal amount of the Issuer’s 5.600% Notes due 2035.

     

    A copy of the Underwriting Agreement is filed herewith as Exhibit 1.1 to this Current Report on Form 8-K and is hereby incorporated herein by reference. The summary of the Underwriting Agreement set forth above is qualified in its entirety by reference to Exhibit 1.1.

     

     

     

    Item 9.01. Financial Statements and Exhibits.

     

    (d) Exhibits

     

    Exhibit Description
       
    1.1 Underwriting Agreement, dated May 14, 2025, by and among the Issuer, the Guarantors and J.P. Morgan Securities LLC, Mizuho Securities USA LLC, PNC Capital Markets LLC and Wells Fargo Securities, LLC, as representatives of the several underwriters named therein.
       
    104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

     

     

     

    SIGNATURES

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

      AGREE REALTY CORPORATION
       
    Date: May 16, 2025 By: /s/ Peter Coughenour
        Name:  Peter Coughenour
        Title: Chief Financial Officer and Secretary

     

     

    Get the next $ADC alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $ADC

    DatePrice TargetRatingAnalyst
    5/7/2025Buy → Neutral
    BTIG Research
    3/4/2025$74.00 → $75.00Underweight → Equal Weight
    Barclays
    12/17/2024$76.00Underweight
    Barclays
    12/17/2024Mkt Outperform → Mkt Perform
    JMP Securities
    12/12/2024$82.00Outperform
    Evercore ISI
    12/11/2024$88.00Buy
    Deutsche Bank
    5/31/2024$60.00Neutral
    UBS
    2/13/2024$69.00Outperform
    BMO Capital Markets
    More analyst ratings

    $ADC
    SEC Filings

    See more
    • Agree Realty Corporation filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Other Events, Financial Statements and Exhibits

      8-K - AGREE REALTY CORP (0000917251) (Filer)

      5/23/25 4:06:00 PM ET
      $ADC
      Real Estate Investment Trusts
      Real Estate
    • Agree Realty Corporation filed SEC Form 8-K: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits

      8-K - AGREE REALTY CORP (0000917251) (Filer)

      5/16/25 4:08:47 PM ET
      $ADC
      Real Estate Investment Trusts
      Real Estate
    • Agree Realty Corporation filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

      8-K - AGREE REALTY CORP (0000917251) (Filer)

      5/16/25 4:07:13 PM ET
      $ADC
      Real Estate Investment Trusts
      Real Estate

    $ADC
    Leadership Updates

    Live Leadership Updates

    See more
    • Agree Realty Announces Appointment of Linglong He to Board of Directors

      ROYAL OAK, Mich., Dec. 11, 2023 /PRNewswire/ -- Agree Realty Corporation (NYSE:ADC) (the "Company") today announced that Linglong He will join the Company's Board of Directors (the "Board"), effective January 1, 2024. Ms. He is currently the Chief Leadership Advisor at Rocket Central, where she is responsible for executive leadership development for Rocket Companies, Inc. (NYSE:RKT). She co-founded Rocket Central and previously served as President and Chief Operating Officer. Prior to that role, Ms. He served as Chief Information Officer of Rocket Mortgage, one of the nation's

      12/11/23 4:05:00 PM ET
      $ADC
      $RKT
      Real Estate Investment Trusts
      Real Estate
      Finance: Consumer Services
      Finance
    • Agree Realty Announces Appointment of Michael Judlowe to Board of Directors

      BLOOMFIELD HILLS, Mich., Sept. 13, 2021 /PRNewswire/ -- Agree Realty Corporation (NYSE:ADC) (the "Company") today announced that Michael Judlowe has joined the Company's Board of Directors (the "Board"). Mr. Judlowe most recently spent the last 10 years at Jefferies Group, where he helped establish the Real Estate Equity Capital Markets practice, joining as Managing Director and subsequently being named Co-Head of Equity Capital Markets Americas in 2013. Additionally, he served as Chairman of the US Real Estate, Gaming and Lodging Investment Banking practice from June 2019 to

      9/13/21 6:55:00 AM ET
      $ADC
      Real Estate Investment Trusts
      Real Estate
    • Agree Realty Announces Departure of Chief Financial Officer and Appointment of Interim Chief Financial Officer

      BLOOMFIELD HILLS, Mich., Aug. 11, 2021 /PRNewswire/ -- Agree Realty Corporation (NYSE:ADC) (the "Company") today announced that Simon Leopold has resigned from his positions as Executive Vice President, Chief Financial Officer and Secretary of the Company effective immediately. The Board of Directors also announced that it will commence a formal search, which will consider internal and external candidates, for a new Chief Financial Officer.   Peter Coughenour, current Vice President, Corporate Finance who joined the Company in 2015, has been appointed to the position of inter

      8/11/21 4:05:00 PM ET
      $ADC
      Real Estate Investment Trusts
      Real Estate

    $ADC
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Agree Realty downgraded by BTIG Research

      BTIG Research downgraded Agree Realty from Buy to Neutral

      5/7/25 8:34:52 AM ET
      $ADC
      Real Estate Investment Trusts
      Real Estate
    • Agree Realty upgraded by Barclays with a new price target

      Barclays upgraded Agree Realty from Underweight to Equal Weight and set a new price target of $75.00 from $74.00 previously

      3/4/25 7:17:57 AM ET
      $ADC
      Real Estate Investment Trusts
      Real Estate
    • Barclays initiated coverage on Agree Realty with a new price target

      Barclays initiated coverage of Agree Realty with a rating of Underweight and set a new price target of $76.00

      12/17/24 7:23:01 AM ET
      $ADC
      Real Estate Investment Trusts
      Real Estate

    $ADC
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Agree Realty Declares Monthly Common and Preferred Dividends

      ROYAL OAK, Mich., June 10, 2025 /PRNewswire/ -- Agree Realty Corporation (NYSE:ADC) (the "Company") today announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.256 per common share. The monthly dividend reflects an annualized dividend amount of $3.072 per common share, representing a 2.4% increase over the annualized dividend amount of $3.00 per common share from the second quarter of 2024. The dividend is payable July 15, 2025 to stockholders of record at the close of business on June 30, 2025. Additionally, the Comp

      6/10/25 4:05:00 PM ET
      $ADC
      Real Estate Investment Trusts
      Real Estate
    • Agree Realty Announces Pricing of $400 Million of 5.600% Senior Unsecured Notes Due 2035

      Inclusive of Prior Hedging Activity the All-In Interest Rate of the Notes is 5.35% ROYAL OAK, Mich., May 14, 2025 /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 $400 million of its 5.600% senior unsecured notes due 2035 (the "Notes"). The public offering price for the Notes was 99.297% of the principal amount for an effective yield to maturity of 5.692%. The Notes will be senior unsecured obligations of the Operating Partnership, guaranteed by the Company and certain of their subsidiaries. This offering is expected to close on May 23, 2025

      5/14/25 4:24:00 PM ET
      $ADC
      Real Estate Investment Trusts
      Real Estate
    • Agree Realty Declares Monthly Common and Preferred Dividends

      ROYAL OAK, Mich., May 13, 2025 /PRNewswire/ -- Agree Realty Corporation (NYSE:ADC) (the "Company") today announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.256 per common share. The monthly dividend reflects an annualized dividend amount of $3.072 per common share, representing a 2.4% increase over the annualized dividend amount of $3.00 per common share from the second quarter of 2024. The dividend is payable June 13, 2025 to stockholders of record at the close of business on May 30, 2025.  Additionally, the Compa

      5/13/25 4:05:00 PM ET
      $ADC
      Real Estate Investment Trusts
      Real Estate

    $ADC
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Rakolta John Jr bought $743,400 worth of shares (10,000 units at $74.34), increasing direct ownership by 2% to 521,233 units (SEC Form 4)

      4 - AGREE REALTY CORP (0000917251) (Issuer)

      6/13/25 6:00:05 AM ET
      $ADC
      Real Estate Investment Trusts
      Real Estate
    • Director Rakolta John Jr bought $2,002,104 worth of shares (28,080 units at $71.30), increasing direct ownership by 6% to 507,810 units (SEC Form 4)

      4 - AGREE REALTY CORP (0000917251) (Issuer)

      4/10/25 6:30:05 AM ET
      $ADC
      Real Estate Investment Trusts
      Real Estate
    • PRESIDENT & CEO Agree Joey was granted 68,694 shares and covered exercise/tax liability with 28,736 shares, increasing direct ownership by 7% to 628,952 units (SEC Form 4)

      4 - AGREE REALTY CORP (0000917251) (Issuer)

      2/25/25 4:15:41 PM ET
      $ADC
      Real Estate Investment Trusts
      Real Estate

    $ADC
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Rakolta John Jr bought $743,400 worth of shares (10,000 units at $74.34), increasing direct ownership by 2% to 521,233 units (SEC Form 4)

      4 - AGREE REALTY CORP (0000917251) (Issuer)

      6/13/25 6:00:05 AM ET
      $ADC
      Real Estate Investment Trusts
      Real Estate
    • Director Rakolta John Jr bought $2,002,104 worth of shares (28,080 units at $71.30), increasing direct ownership by 6% to 507,810 units (SEC Form 4)

      4 - AGREE REALTY CORP (0000917251) (Issuer)

      4/10/25 6:30:05 AM ET
      $ADC
      Real Estate Investment Trusts
      Real Estate
    • Director Rakolta John Jr bought $2,126,641 worth of shares (30,275 units at $70.24), increasing direct ownership by 7% to 472,196 units (SEC Form 4)

      4 - AGREE REALTY CORP (0000917251) (Issuer)

      12/26/24 4:05:04 PM ET
      $ADC
      Real Estate Investment Trusts
      Real Estate

    $ADC
    Financials

    Live finance-specific insights

    See more
    • Agree Realty Declares Monthly Common and Preferred Dividends

      ROYAL OAK, Mich., June 10, 2025 /PRNewswire/ -- Agree Realty Corporation (NYSE:ADC) (the "Company") today announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.256 per common share. The monthly dividend reflects an annualized dividend amount of $3.072 per common share, representing a 2.4% increase over the annualized dividend amount of $3.00 per common share from the second quarter of 2024. The dividend is payable July 15, 2025 to stockholders of record at the close of business on June 30, 2025. Additionally, the Comp

      6/10/25 4:05:00 PM ET
      $ADC
      Real Estate Investment Trusts
      Real Estate
    • Agree Realty Declares Monthly Common and Preferred Dividends

      ROYAL OAK, Mich., May 13, 2025 /PRNewswire/ -- Agree Realty Corporation (NYSE:ADC) (the "Company") today announced that its Board of Directors has authorized, and the Company has declared, a monthly cash dividend of $0.256 per common share. The monthly dividend reflects an annualized dividend amount of $3.072 per common share, representing a 2.4% increase over the annualized dividend amount of $3.00 per common share from the second quarter of 2024. The dividend is payable June 13, 2025 to stockholders of record at the close of business on May 30, 2025.  Additionally, the Compa

      5/13/25 4:05:00 PM ET
      $ADC
      Real Estate Investment Trusts
      Real Estate
    • Agree Realty Corporation Reports First Quarter 2025 Results

      Raises 2025 Investment Guidance to $1.3 Billion to $1.5 BillionIncreases 2025 AFFO Per Share Guidance to $4.27 to $4.30 ROYAL OAK, Mich., April 22, 2025 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced results for the quarter ended March 31, 2025. All per share amounts included herein are on a diluted per common share basis unless otherwise stated. First Quarter 2025 Financial and Operating Highlights: Invested approximately $377 million in 69 retail net lease propertiesCommenced four development or Developer Funding Platform ("DFP") projec

      4/22/25 4:05:00 PM ET
      $ADC
      Real Estate Investment Trusts
      Real Estate

    $ADC
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Agree Realty Corporation

      SC 13G/A - AGREE REALTY CORP (0000917251) (Subject)

      10/17/24 11:10:17 AM ET
      $ADC
      Real Estate Investment Trusts
      Real Estate
    • SEC Form SC 13G/A filed by Agree Realty Corporation (Amendment)

      SC 13G/A - AGREE REALTY CORP (0000917251) (Subject)

      2/13/24 4:58:48 PM ET
      $ADC
      Real Estate Investment Trusts
      Real Estate
    • SEC Form SC 13G/A filed by Agree Realty Corporation (Amendment)

      SC 13G/A - AGREE REALTY CORP (0000917251) (Subject)

      1/29/24 1:54:24 PM ET
      $ADC
      Real Estate Investment Trusts
      Real Estate