ADCAgree Realty Corporation
Agree Realty Corporation (ADC) is a real estate investment trust (REIT) that owns and operates a portfolio of high-quality, income-producing retail properties. The company generates revenue through rental income from its tenants, primarily in the retail and healthcare sectors. The next catalyst for ADC is Sep 22, 2026 — Agree Realty (NYSE:ADC) Reac news, which will test the company’s ability to execute on its reacquisition strategy and maintain its competitive edge in the REIT space.
- Revenue grew 16.4% YoY to $764.66M, with a net margin of 28.5% in the latest TTM period.
- Free cash flow reached $128.81M, and the company maintains a debt-to-equity ratio of 0.27x.
- Shareholders’ equity stands at $6.27B, with a diluted EPS of $0.44.
The Read
4% on macro catalysts including June 17 events, with a notable 5.
The schedule
- Thu29Oct
This earnings release will test the company's ability to meet or exceed earnings expectations, which could impact its stock price and dividend yield. The market is pricing in a potential slowdown in the commercial real estate sector, which could impact the company's revenue and cash flow.
- Tue9Feb
This earnings release will test the company's ability to maintain its dividend and manage its balance sheet amid a rising rate environment. The market is pricing in a potential slowdown in the commercial real estate sector, which could impact the company's revenue and cash flow.
- Tue20Apr
This earnings release will test the company's ability to meet or exceed earnings expectations, which could impact its stock price and dividend yield. The market is pricing in a potential slowdown in the commercial real estate sector, which could impact the company's revenue and cash flow.
- Thu29Jul
This earnings release will test the company's ability to maintain its dividend and manage its balance sheet amid a rising rate environment. The market is pricing in a potential slowdown in the commercial real estate sector, which could impact the company's revenue and cash flow.
Past
- Tue22Sep
Actual outcome: Bear · $67.38 at outcome
Price reached or fell below bear floor ($67.00) at outcome date.
This event will test the company's ability to maintain its dividend and manage its balance sheet amid a rising rate environment. The recent earnings print showed strong performance, but the market is pricing in a potential slowdown in the commercial real estate sector.
- Thu30Jul
Actual outcome: Bull · $77.80 at outcome
Agree Realty delivered a strong Q2, beating FFO estimates ($1.14 vs $1.13) while matching EPS expectations. The stock rallied past the bull target as the company reported record acquisition activity, robust AFFO growth, and raised its full-year guidance across key metrics.
Q2 earnings where the market will scrutinize Agree Realty's aggressive capital deployment against its $412M CapEx and negative $267M free cash flow.
- Wed17Jun
Actual outcome: Bull · $74.37 at outcome
Agree Realty shares experienced a muted reaction following the June FOMC rate decision and dot plot update, rising just 0.8% by the outcome date. The Federal Reserve's updated interest rate projections did not significantly alter the market's outlook on the REIT's cost of capital, resulting in flat price action that failed to approach either the bull or bear targets.
Market evaluation of the Federal Reserve's updated interest rate projections and their impact on REIT cost of capital.
- Tue21Apr
Actual outcome: Bear · $76.36 at outcome
Agree Realty reported an in-line EPS of $0.47, though Q1 FFO of $1.14 per share beat estimates alongside a robust $424 million in new investments. However, management only reaffirmed its full-year 2026 guidance rather than raising it, which likely disappointed investors expecting an upward revision following the strong quarter and caused the stock to drift lower toward the bear floor.
- Tue10Feb
Actual outcome: Bull · $78.08 at outcome
Agree Realty reported a beat on Q4 FFO ($1.11 vs. $1.10 estimate) and revenue, complemented by a 3.6% increase in its monthly dividend and strong 2025 investment execution. While 2026 guidance was initially characterized as conservative, the stock rallied past bull targets as investors focused on the company's disciplined low-leverage strategy and the favorable impact of stabilizing interest rates on high-quality net lease REITs.
