U.S. equity markets snapped a six-week winning streak, while benchmark interest rates surged to three-month highs as investors braced for a volatile two-week stretch of market-moving events. Another surprisingly solid slate of domestic economic data - highlighted by improved jobless claims and consumer sentiment reports - lifted the U.S. Economic Surprise Index to the highest-level since April. Retreating from record-highs, the S&P 500 finished lower by 1% on the week, declining for just the second time in the past twelve weeks. Rate-sensitive segments and small-caps were laggards.
Agree Realty is a net lease REIT investing in single tenant retail properties and ground leases around the country. ADC reported Q3 earnings which were aligned with expectations. We talk cost of equity and explain what ADC's low yield means for the REIT and shareholders.
REIT investing is more complicated than it may seem. There are many potential pitfalls that could ruin your returns. I share my 5 biggest lessons as a decade-long REIT investor.
Agree Realty offers an attractive and steadily rising stream of dividend income.
Agree Realty Corporation (NYSE:ADC ) Q3 2024 Earnings Conference Call October 23, 2024 9:00 AM ET Company Participants Joey Agree - President & CEO Peter Coughenour - CFO Reuben Treatman - Senior Director of Corporate Finance Conference Call Participants Nick Joseph - Citi Brad Heffern - RBC Capital Markets Ronald Kamdem - Morgan Stanley Eric Borden - BMO Capital Markets John Kilichowski - Wells Fargo Linda Tsai - Jefferies RJ Milligan - Raymond James Joshua Dennerlein - Bank of America Michael Goldsmith - UBS Rob Stevenson - Janney Capital Markets Ravi Vaidya - Mizuho Securities Spenser Allaway - Green Street Upal Rana - KeyBanc Capital Markets Operator Good morning and welcome to the Agree Realty Third Quarter 2024 Conference Call. All participants will be in listen-only mode.
The headline numbers for Agree Realty (ADC) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Agree Realty (ADC) came out with quarterly funds from operations (FFO) of $1.03 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $1 per share a year ago.
Today's market environment is evolving very rapidly. It is time to review our Top Picks for 2025. Here are 3 REITs to buy for the next year.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Agree Realty (ADC), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.
The market is experiencing robust earnings growth, low inflation, and solid GDP figures, leading many to feel bullish despite underlying economic challenges. While valuations are high, investors are banking on an "immaculate soft landing" for growth, making high-quality dividend stocks an attractive choice. I'm gradually shifting my focus to high-yield dividend stocks, anticipating better risk/reward scenarios compared to the S&P 500 in the coming years.
Agree Realty (ADC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Interest rates are now headed to lower levels. But REITs still offer up to 9% dividend yields. I highlight three of my favorite high yielding REITs for 2025.