Agree Realty Corporation (ADC) Q1 2025 Earnings Call Transcript
Agree Realty Corporation (NYSE:ADC ) Q1 2025 Earnings Conference Call April 23, 2025 9:00 AM ET Company Participants Reuben Treatman - Senior Director of Corporate Finance Joey Agree - President and Chief Executive Officer Peter Coughenour - Chief Financial Officer Conference Call Participants Ki Bin Kim - Truist Securities Smedes Rose - Citigroup RJ Milligan - Raymond James & Associates, Inc. Michael Goldsmith - UBS Linda Tsai - Jefferies Group LLC John Kilichowski - Wells Fargo Securities, LLC Ronald Kamdem - Morgan Stanley & Co. LLC Spenser Glimcher - Green Street Jana Galan - Bank of America Securities James Kammert - Evercore ISI Upal Rana - KeyBanc Capital Markets Rich Hightower - Barclays Operator Good morning and welcome to the Agree Realty First Quarter 2025 Conference Call. All participants will be in a listen-only mode.
Agree Realty (ADC) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
Although the revenue and EPS for Agree Realty (ADC) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Agree Realty (ADC) Tops Q1 FFO and Revenue Estimates
Agree Realty (ADC) came out with quarterly funds from operations (FFO) of $1.06 per share, beating the Zacks Consensus Estimate of $1.05 per share. This compares to FFO of $1.03 per share a year ago.
Lisata Therapeutics talks ADC breakthrough with Catalent – ICYMI
Lisata Therapeutics Inc earlier this week discussed the potential of certepetide in antibody-drug conjugate (ADC) applications through a new collaboration with Catalent. The company told investors that it entered a research license agreement with Catalent to evaluate certepetide as a payload in SMARTag dual-payload ADCs.
Enough With 60/40, Consider 100% Dividend Strategy For Retirement
The 60/40 portfolio, with 60% in equities and 40% in bonds, has long been the gold standard in the investment game. Yet, it has failed to deliver on its promise. In my view, a durable income strategy is a better approach, especially for funding retirement and becoming financially independent.
Countdown to Agree Realty (ADC) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS
Get a deeper insight into the potential performance of Agree Realty (ADC) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Markets Gone Wild
US equity markets fluctuated wildly in a tumultuous week - ultimately ending with the best weekly gains since November 2023 - after the White House announced a delay on the most "reciprocal" tariffs. Following several days of extreme volatility in which tremors of instability were felt across global markets, investors exhaled as the Administration's tariff messaging pivoted from "retribution" and "score-settling" to dealmaking. Government bond markets were in focus throughout the week as the 10-Year Treasury experienced significant and still-unexplained weakness, failing to act as typical "safe havens" during the market plunge.
Embrace The Fear: 2 Safe-Havens To Take Shelter In During The Market Storm
Tariffs have caused market turmoil, but long-term investors should consider recession-resistant REITs like CareTrust and Agree Realty to limit downside. CareTrust REIT has strong fundamentals, a low-leveraged balance sheet, and a growing portfolio, making it a solid choice during economic uncertainty. Agree Realty offers a recession-resistant portfolio with investment-grade tenants, a monthly dividend, and a strong balance sheet, positioning it well for market volatility.
Mercy, Mercy, Mercy
President Trump's tariff strategy is a high-stakes gamble that could either revive U.S. manufacturing or lead to inflation and economic retaliation. I believe the likelihood of a recession during Trump's term is now 100%, with JPMorgan raising the odds to 60% in the near term. Focus on high-quality, recession-resistant REITs like Healthpeak Properties, Terreno, Equity LifeStyle, and Agree Realty for stable returns amid market volatility.
Need Dependable Passive Income Paid Monthly? Here Are Our 5 Favorite High-Yield Stocks
Many dividend investors seek solid passive income from quality dividend stocks.
4 Top Dividend Stocks Yielding Around 4% to Buy Without Hesitation in April
Many companies have de-emphasized paying dividends over the years. That's one reason the dividend yield on the S&P 500 is only around 1.3% these days.
Why Agree Realty Is A Buy And Hold For Retirement Income
New investors often aim to beat the market but should focus on downside protection, recession resiliency, and income for long-term success. Agree Realty offers stability with a strong balance sheet, high-quality tenants, and prudent portfolio management, making it a reliable investment. ADC's growth is supported by strategic acquisitions at attractive cap rates and disciplined capital allocation, justifying its premium valuation.
