Agree Realty upgraded by Barclays with a new price target
$ADC
Real Estate Investment Trusts
Real Estate
Barclays upgraded Agree Realty from Underweight to Equal Weight and set a new price target of $75.00 from $74.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/7/2025 | Buy → Neutral | BTIG Research | |
| 3/4/2025 | $74.00 → $75.00 | Underweight → Equal Weight | Barclays |
| 12/17/2024 | $76.00 | Underweight | Barclays |
| 12/17/2024 | Mkt Outperform → Mkt Perform | JMP Securities | |
| 12/12/2024 | $82.00 | Outperform | Evercore ISI |
| 12/11/2024 | $88.00 | Buy | Deutsche Bank |
| 5/31/2024 | $60.00 | Neutral | UBS |
| 2/13/2024 | $69.00 | Outperform | BMO Capital Markets |
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
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
ROYAL OAK, Mich., April 25, 2025 /PRNewswire/ -- Agree Realty Corporation (NYSE:ADC) (the "Company") today announced that it has completed its public offering of 5,175,000 shares of its common stock, which includes the underwriters' full exercise of their option to purchase additional shares, pursuant to the forward sale agreement described below. BofA Securities acted as the sole book-running manager for the offering and Raymond James, Stifel, BTIG, Regions Securities LLC, and SMBC Nikko acted as co-managers for the offering. The Company has entered into a forward sale agreem
BTIG Research downgraded Agree Realty from Buy to Neutral
Barclays upgraded Agree Realty from Underweight to Equal Weight and set a new price target of $75.00 from $74.00 previously
Barclays initiated coverage of Agree Realty with a rating of Underweight and set a new price target of $76.00
4 - AGREE REALTY CORP (0000917251) (Issuer)
4 - AGREE REALTY CORP (0000917251) (Issuer)
4 - AGREE REALTY CORP (0000917251) (Issuer)
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
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
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
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
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
Increase Results in 2.4% Year-Over-Year Growth ROYAL OAK, Mich., April 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, representing a 1.2% month-over-month increase. 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 May 14, 2025 to stockholders of record at the close of business on April 30, 2025.
8-K - AGREE REALTY CORP (0000917251) (Filer)
8-K - AGREE REALTY CORP (0000917251) (Filer)
8-K - AGREE REALTY CORP (0000917251) (Filer)
4 - AGREE REALTY CORP (0000917251) (Issuer)
4 - AGREE REALTY CORP (0000917251) (Issuer)
4 - AGREE REALTY CORP (0000917251) (Issuer)
SC 13G/A - AGREE REALTY CORP (0000917251) (Subject)
SC 13G/A - AGREE REALTY CORP (0000917251) (Subject)
SC 13G/A - AGREE REALTY CORP (0000917251) (Subject)