{"filings":[{"id":1967763,"accession_number":"0000917251-26-000061","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2026-07-30T20:05:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Agree Realty Q2 AFFO $1.14, record investment $502M, raises 2026 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["AFFO per share $1.14 (+7.4% YoY); Core FFO $1.13 (+7.5% YoY); net income $0.44 (+2.2% YoY).","Record quarterly investment of $502M in 102 net lease properties; H1 total $925M.","2026 AFFO guidance raised to $4.57-$4.59 (from $4.54-$4.58); investment guidance raised to $1.6B-$1.8B.","Monthly dividend $0.267/share (+4.3% YoY); payout ratio ~70% of AFFO.","Portfolio 99.8% leased; proforma net debt/EBITDA 3.7x; liquidity $1.9B."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1414964,"accession_number":"0000917251-26-000054","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2026-07-02T20:05:21+00:00","items":["8.01"],"status":"ready","headline":"Agree Realty Reports Weighted-Average Common Shares Outstanding for Q2 2026","summary_kind":"llm","event_type":"other_material","confidence":"medium","bullets":["Weighted-average basic shares were 119,996,944 for the three months ended June 30, 2026.","Weighted-average diluted shares were 120,487,256 for the three months ended June 30, 2026.","Forward equity offerings added 328,729 incremental diluted shares in the quarter."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":443037,"accession_number":"0000917251-26-000050","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2026-05-14T20:19:15+00:00","items":["5.07","9.01"],"status":"ready","headline":"Agree Realty annual meeting elects directors, ratifies auditor, approves say-on-pay","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Stockholders re-elected directors John Rakolta Jr. (100.8M for) and Jerome Rossi (92.9M for) to three-year terms.","Ratification of Grant Thornton LLP as independent auditor received 107.7M for, 1.5M against.","Non-binding advisory vote on executive compensation approved: 97.7M for, 4.7M against, 6.8M broker non-votes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":99747,"accession_number":"0001628280-26-027250","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2026-04-24T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Agree Realty launches up to $1.75B ATM equity program with forward sales","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["New ATM equity distribution agreement allows issuance of up to $1.75B in common stock.","Prior ATM program from October 2024 terminated simultaneously.","Shares may be sold through sales agents or via forward sale agreements with forward purchasers.","Sales agent commission capped at 2.0% of gross proceeds per share sold.","Company may elect to physically, cash, or net share settle forward transactions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":99746,"accession_number":"0000917251-26-000046","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2026-04-21T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Agree Realty Q1 Core FFO $1.13 (+8.1% YoY); raises $658M forward equity","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $60.2M, diluted EPS $0.50 (+19.1% YoY).","Core FFO $1.13/share, AFFO $1.14/share; monthly dividend raised 4.3% to $0.267.","Invested $424M in 100 retail net lease properties at 7.1% cap rate.","Sold 8.7M shares via ATM for ~$658M net proceeds; total liquidity ~$2.3B.","2026 AFFO guidance reaffirmed at $4.54-$4.58; portfolio 99.7% leased."],"consensus_eps_estimate":null,"consensus_eps_actual":0.5,"consensus_revenue_estimate":null,"consensus_revenue_actual":200807000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":99745,"accession_number":"0000917251-26-000030","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2026-04-02T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Agree Realty reports Q1 2026 weighted-average basic shares of 119.9M, diluted 120.4M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Weighted-average basic shares: 119,856,418; diluted shares: 120,375,633.","Diluted shares include 120,783 share-based compensation and 398,432 from forward equity offerings.","Including OP units, weighted-average diluted shares total 120,723,252.","No financial results or guidance were provided in this filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":115927,"accession_number":"0000917251-26-000017","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2026-02-26T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Agree Realty enters forward equity sales for $623M; total forward equity $1.3B","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Agreed to sell 8.3M shares via forward sale agreements, net proceeds over $623M.","Total outstanding forward equity now 17.9M shares, representing net proceeds over $1.3B.","Total liquidity over $2.5B, including $812M revolver availability and $350M term loan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":115926,"accession_number":"0000917251-26-000012","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2026-02-10T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Agree Realty Q4 AFFO $1.11 (+6.5%); FY25 AFFO $4.33; guides 2026 AFFO $4.54-$4.58, boosts investment guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2025 AFFO per share $1.11 (+6.5% YoY); Core FFO per share $1.10 (+7.3%). Net income $54.2M (+24.9%).","FY2025 AFFO per share $4.33 (+4.6%); invested $1.55B in 338 properties at 7.2% cap rate.","Initial 2026 AFFO guidance $4.54-$4.58; investment volume increased to $1.4B-$1.6B.","Achieved A- issuer rating from Fitch; closed $400M 5.60% notes due 2035 at 5.35% all-in.","Proforma net debt to recurring EBITDA 3.8x; $2.0B liquidity including $716M unsettled forward equity."],"consensus_eps_estimate":null,"consensus_eps_actual":1.77,"consensus_revenue_estimate":null,"consensus_revenue_actual":718398000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":115925,"accession_number":"0001104659-26-000619","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2026-01-05T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Agree Realty posts $1.55B 2025 investment volume, guides 2026 to $1.25-1.50B","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["2025 total investment volume ~$1.55B across 338 properties; acquisitions of $1.44B at 7.2% cap rate.","Q4 acquisition volume >$347M at 7.1% cap; portfolio 66.8% annualized base rents from investment grade tenants.","2026 investment outlook: $1.25B to $1.50B of retail net lease properties.","New $350M term loan fixed at 4.02% via swaps; total liquidity exceeds $2.0B.","Q4 2025 weighted-average diluted shares ~115.0M; FY 2025 ~111.2M (including OP units)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":132344,"accession_number":"0001104659-25-113644","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2025-11-18T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Agree Realty enters $350M term loan facility, cuts credit spreads on revolving and term loans","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New $350M unsecured delayed draw term loan matures May 15, 2031; no borrowings outstanding at signing.","First Amendment to revolving credit reduces SOFR credit spread adjustment from 10bps to 0bps; rate now SOFR + 72.5bps.","Second Amendment to existing term loan cuts credit spread adjustment from 10bps to 0bps; fixed swap rate now 4.37%.","Facility includes option to increase aggregate loans to $500M, subject to lender consent.","Proceeds for general corporate purposes; lenders include PNC, Wells Fargo, and JPMorgan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":132343,"accession_number":"0001104659-25-101229","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2025-10-21T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Agree Realty Q3 AFFO $1.10, +7.2% YoY; raises 2025 guidance, dividend up 3.6%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income per share $0.45 (+7.9% YoY); Core FFO $1.09 (+8.4%); AFFO $1.10 (+7.2%).","2025 AFFO per share guidance raised to $4.31-$4.33; investment guidance raised to $1.50B-$1.65B.","Invested $451M in 110 properties in Q3; portfolio 99.7% leased, 2,603 properties, 53.7M sq ft.","Monthly dividend increased to $0.262 for Oct (+3.6% YoY); annualized $3.144; payout ratio ~70%.","Secured A- rating from Fitch; settled 3.5M shares for $252M; new $350M term loan fixed at 4.02%."],"consensus_eps_estimate":null,"consensus_eps_actual":1.3,"consensus_revenue_estimate":null,"consensus_revenue_actual":527909000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":132342,"accession_number":"0001104659-25-096055","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2025-10-02T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Agree Realty discloses weighted-average share counts for Q3 and YTD 2025","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Basic weighted-average shares for Q3 2025: 111,277,316; diluted: 111,511,615.","Nine-month basic shares: 109,383,735; diluted: 109,875,336.","Including OP units, diluted shares were 111,859,234 (Q3) and 110,222,955 (9 months).","Forward equity offerings added 21,355 incremental diluted shares in Q3; 274,536 YTD.","Unvested restricted shares of 253,716 excluded from basic EPS for both periods."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":148920,"accession_number":"0001104659-25-072681","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2025-07-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Agree Realty Q2 AFFO per share up 1.7% to $1.06, raises 2025 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 net income $0.43/sh (down 18.5% YoY); Core FFO $1.05 (+1.3%); AFFO $1.06 (+1.7%).","Raised 2025 AFFO guidance to $4.29-$4.32 (prior $4.27-$4.30) and investment target to $1.4-$1.6B.","Completed $400M bond offering at 5.60% (all-in 5.35%) and 5.2M share forward equity raise for ~$387M.","Portfolio 99.6% leased, 67.8% from IG tenants; $350M invested in Q2 across 110 properties."],"consensus_eps_estimate":null,"consensus_eps_actual":0.85,"consensus_revenue_estimate":null,"consensus_revenue_actual":344687000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":148919,"accession_number":"0001558370-25-009057","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2025-07-02T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Agree Realty discloses weighted-average share counts for Q2 2025","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Basic weighted-average shares for Q2 2025: 109,758,046; diluted: 110,377,221.","Including OP units, diluted shares for Q2 2025: 110,724,840.","Forward equity offerings added 439,308 incremental diluted shares in Q2 2025.","Six-month basic weighted-average shares: 108,419,011; diluted: 108,996,422.","Share count data used for EPS calculation; no earnings or guidance disclosed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":167836,"accession_number":"0001104659-25-052425","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2025-05-23T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Agree Realty subsidiary issues $400M of 5.600% Notes due 2035","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$400M aggregate principal, 5.600% interest, matures June 15, 2035.","Net proceeds approx. $393.6M after underwriting discount and expenses.","Notes are senior unsecured obligations, rank equally with existing senior notes.","Redeemable at make-whole prior to March 15, 2035; at par thereafter.","Guaranteed by parent Agree Realty and certain subsidiary guarantors."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":167835,"accession_number":"0001104659-25-050018","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2025-05-16T23:59:59+00:00","items":["5.03","5.07","9.01"],"status":"ready","headline":"Agree Realty shareholders approve doubling authorized common shares to 360M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders approved charter amendment increasing authorized common shares from 180M to 360M (96.6M for, 2.1M against).","Directors Joel Agree, Michael Judlowe, and Gregory Lehmkuhl reelected with >86M votes each, broker non-votes of 5.85M.","Grant Thornton LLP ratified as independent auditor for 2025 (97.8M for, 0.98M against).","Non-binding advisory vote on executive compensation approved with 87.5M for, 5.4M against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":167834,"accession_number":"0001104659-25-050015","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2025-05-16T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Agree Realty subsidiary to issue $400M of 5.600% Notes due 2035","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Agree Limited Partnership to issue $400M of 5.600% Notes due 2035, guaranteed by parent Agree Realty Corp.","Underwriters: J.P. 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underwriters option for 675,000 additional shares.","Offering closed April 25, 2025; net proceeds for general corporate purposes including acquisitions and debt repayment.","Revolving credit facility had no outstanding balance as of April 16, 2025; $350M commercial paper outstanding.","Forward Sale Agreement with Bank of America as forward purchaser; underwriting agreement with BofA Securities."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":167832,"accession_number":"0001104659-25-037417","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2025-04-22T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Agree Realty Q1 AFFO up 3%, raises 2025 investment guidance to $1.3-$1.5B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["AFFO per share $1.06 (+3.0% YoY); Core FFO per share $1.04 (+3.1% YoY).","Net income per share $0.42 (-2.0% YoY); Q1 investment volume $377M.","Increased monthly dividend to $0.256 per share (2.4% YoY) for April 2025.","Raised 2025 investment guidance to $1.3B-$1.5B and AFFO/share guidance to $4.27-$4.30.","Established $625M commercial paper program; proforma net debt/EBITDA 3.4x; liquidity ~$1.9B."],"consensus_eps_estimate":null,"consensus_eps_actual":0.42,"consensus_revenue_estimate":null,"consensus_revenue_actual":169160000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":167831,"accession_number":"0001558370-25-004390","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2025-04-03T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Agree Realty reports Q1 2025 weighted-average diluted shares of 107.9M","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Weighted-average basic shares: 107,048,557; 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Core FFO $1.02 (+3.5%); Net income $0.41 (-5.7%).","FY 2024 AFFO per share $4.14 (+4.6% YoY); Core FFO $4.08 (+3.7%); Net income $1.78 (+4.8%).","Invested $951M in 282 properties in 2024 at 7.5% cap rate; portfolio 99.6% leased; 68.2% investment grade.","2025 AFFO per share guidance $4.26-$4.30 (~3.5% midpoint growth); investment volume target $1.1-$1.3B.","Raised $1.1B in forward equity in 2024; $450M bond at 5.65% due 2034; proforma net debt/EBITDA 3.3x."],"consensus_eps_estimate":null,"consensus_eps_actual":1.78,"consensus_revenue_estimate":null,"consensus_revenue_actual":617095000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":185087,"accession_number":"0001104659-25-001320","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2025-01-06T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Agree Realty reports $951M 2024 investment, guides 2025 to $1.1-1.3B","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["2024 acquisition volume $867M at 7.5% cap rate; 65.6% of acquired rents from investment grade.","Q4 2024 acquisitions $341M at 7.3% cap rate; 73.3% investment grade.","2025 investment guidance $1.1B-1.3B retail net lease, 26% YoY increase at midpoint.","Total liquidity over $2.0B: $1.1B revolver, over $0.9B forward equity outstanding.","Weighted-average diluted shares: 105.0M for Q4 2024; 102.2M for FY 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":201700,"accession_number":"0001104659-24-128020","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2024-12-12T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"Agree Realty amends bylaws to add proxy access, stockholder amendment rights, director resignation policy","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Proxy access: stockholders owning 3%+ for 3 years can nominate up to greater of 2 directors or 20% of board.","Stockholders now authorized to amend bylaws by majority vote; previously board-only power.","Incumbent directors must offer resignation if they fail to receive majority support in uncontested election.","Amendments also include ministerial and clarifying changes; full bylaws filed as Exhibit 3.1."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":201699,"accession_number":"0001104659-24-111815","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2024-10-28T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Agree Realty closes public offering of 5.72M shares at $74.00 for gross proceeds ~$423M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["October 24, 2024: Underwriting agreement for 5,060,000 shares (plus 660,000 over-allotment exercised) at $74.00/share.","Forward sale agreements with Citibank and Wells Fargo as forward purchasers.","Proceeds not specified; used for general corporate purposes (implied).","Shares issued under S-3ASR shelf registration."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":201698,"accession_number":"0001104659-24-111474","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2024-10-25T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Agree Realty enters into $1.25B ATM equity distribution program, replacing prior program.","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Up to $1.25B of common stock may be sold at-the-market under new agreement.","Prior February 2024 ATM program terminated upon execution.","Forward sale agreements allow for delayed issuance; initial proceeds not received.","Commissions up to 2.0% of gross sales price.","Shares offered via NYSE or negotiated transactions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":201697,"accession_number":"0001104659-24-110557","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2024-10-22T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Agree Realty Q3 2024 Core FFO $1.01, raises acquisition guidance to $850M, AFFO guidance to $4.12-$4.14","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income per share $0.42 (+2.6% YoY); Core FFO $1.01 (+2.2%); AFFO $1.03 (+2.8%).","Invested ~$237M in 93 retail net lease properties; raised 2024 acquisition target to ~$850M.","Sold 6.6M shares via ATM forward for ~$469M; total liquidity now >$1.9B.","Proforma net debt to recurring EBITDA 3.6x; portfolio 99.6% leased with 7.9yr WALT.","Monthly dividend raised to $0.253/share (+2.4% YoY); AFFO payout ratio ~73%."],"consensus_eps_estimate":null,"consensus_eps_actual":1.37,"consensus_revenue_estimate":null,"consensus_revenue_actual":456361000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":201696,"accession_number":"0001104659-24-105422","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2024-10-02T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Agree Realty discloses weighted-average share counts for Q3 2024; diluted shares ~102.1M","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Basic weighted-average shares for Q3 2024: 100,383,207; diluted shares (incl. OP units): 102,062,930.","For nine months ended Sep 30, 2024: basic 100,343,493; diluted 101,230,477.","Dilution from forward equity offerings adds ~1.15M shares for Q3 and ~389k for 9 months.","Unvested restricted stock excluded from basic: 272,107 shares."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":217684,"accession_number":"0001104659-24-087258","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2024-08-08T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Agree Realty ups revolver to $1.25B, extends maturity to 2028, lowers pricing spread","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Borrowing capacity increased to $1.25 billion from $1.0 billion under new credit agreement.","Maturity extended from January 2026 to August 2028; accordion feature permits expansion up to $2.0 billion.","Interest rate spread reduced to SOFR + 72.5 bps from SOFR + 77.5 bps under prior facility.","First Amendment to Term Loan aligns covenant and technical provisions with new revolver; no change to maturity or pricing.","Agree Realty is parent guarantor; Agree Limited Partnership is borrower; PNC remains administrative agent."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":217683,"accession_number":"0001104659-24-081890","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2024-07-23T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Agree Realty Q2 AFFO per share $1.04 (+6.4% YoY); raises 2024 guidance and acquisition outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income per share up 25.6% to $0.52; Core FFO per share $1.03 (+5.7%); AFFO per share $1.04 (+6.4%).","2024 AFFO per share guidance raised to $4.11-$4.14 (midpoint +4.4%); acquisition guidance increased to ~$700M.","Invested ~$203M in 70 retail net lease properties in Q2; first-half total ~$343M.","Completed $450M bond offering (5.625% notes due 2034); received commitments to expand credit facility to $1.25B.","Entered ATM forward sales for 3.2M shares (net proceeds ~$195M); proforma liquidity ~$1.7B; net debt/EBITDA 4.1x proforma."],"consensus_eps_estimate":null,"consensus_eps_actual":0.95,"consensus_revenue_estimate":null,"consensus_revenue_actual":302029000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":217682,"accession_number":"0001104659-24-077675","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2024-07-03T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Agree Realty announces Q2 2024 weighted-average diluted shares of 100.8M","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Weighted-average diluted shares (incl. 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Morgan, and Wells Fargo Securities.","Agree Realty Corporation (ADC) serves as parent guarantor on the notes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":237579,"accession_number":"0001104659-24-050574","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2024-04-23T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Agree Realty Q1 AFFO per share up 4.6% to $1.03; guides FY2024 AFFO $4.10-$4.13","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["AFFO per share Q1: $1.03, up 4.6% YoY; Core FFO per share $1.01, up 3.5%.","Acquired $123.5M in Q1 at 7.7% cap rate; FY2024 acquisition guidance ~$600M.","Introduced 2024 AFFO per share guidance of $4.10-$4.13, up ~4% from 2023.","Monthly dividend raised to $0.25/share (annualized $3.00), a 2.9% increase.","Portfolio 99.6% leased; over $920M liquidity; proforma net debt/EBITDA 4.3x."],"consensus_eps_estimate":null,"consensus_eps_actual":0.43,"consensus_revenue_estimate":null,"consensus_revenue_actual":149453000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":237578,"accession_number":"0001104659-24-043093","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2024-04-03T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Agree Realty reports Q1 2024 weighted-average share count for EPS","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Weighted-average basic shares: 100,284,588 for three months ended March 31, 2024.","Diluted shares including OP Units: 100,684,219.","No dilution impact from ATM forward equity offerings in the period."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":255119,"accession_number":"0001104659-24-029981","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2024-03-01T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Agree Realty provides YTD update: ~$200M acquisitions pipeline, 20 development/DFP projects totaling $81M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Approximately $200M of acquisitions closed, under contract or under LOI year-to-date.","Four new development or DFP projects commenced YTD with total anticipated costs of ~$18M.","20 development or DFP projects completed or under construction in Q1 2024, representing $81M committed capital.","Declared monthly dividend of $0.247 per share for February, a 2.9% year-over-year increase.","Over $1.0B total liquidity and BBB/Baa1 issuer ratings; no material debt maturities until 2028."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":255118,"accession_number":"0001104659-24-024994","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2024-02-16T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Agree Realty enters $1B ATM equity distribution agreement, terminates prior program","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Up to $1B in aggregate offering price of common stock may be sold through 15 sales agents and forward purchasers.","Company may also enter into forward sale agreements; proceeds received upon physical settlement.","Commissions up to 2.0% of gross sales price for sales agents and forward sellers.","Prior ATM program from September 2022 simultaneously terminated.","Shares will be issued under existing shelf registration statement (File No. 333-271668)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":255117,"accession_number":"0001104659-24-019867","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2024-02-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Agree Realty Q4 AFFO per share $1.00 (+5.2% YoY); 2023 investments total $1.34B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 Net Income per share $0.44 (unchanged YoY); Core FFO per share $0.99 (+3.4%); AFFO per share $1.00 (+5.2%).","Full-year 2023: Net Income per share $1.70 (-7.0% YoY); Core FFO per share $3.93 (+1.6%); AFFO per share $3.95 (+3.1%).","Invested $199M in 70 properties in Q4; full-year $1.34B in 319 properties at 6.9% avg cap rate.","Portfolio 99.8% leased; 69.1% ABR from investment grade tenants; proforma net debt/EBITDA 4.3x.","Declared monthly dividend $0.247/sh ($2.964 annualized, +2.9% YoY); payout ratio ~75% of Core FFO."],"consensus_eps_estimate":null,"consensus_eps_actual":1.7,"consensus_revenue_estimate":null,"consensus_revenue_actual":537495000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":255116,"accession_number":"0001104659-24-000816","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2024-01-03T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Agree Realty reports $1.34B total investment activity in 2023; raises $236M forward equity","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Total 2023 real estate investment activity (acquisitions, development, DFP) of $1.34B across 319 properties.","Acquired 282 retail net lease properties for $1.19B at 6.9% weighted-average cap rate; 73.7% from investment grade tenants.","Q4 acquisition volume $187.2M at 7.2% cap rate (80 bps higher than Q4 2022); 70.5% from investment grade.","Entered forward sale agreements for 3.83M shares expecting ~$235.6M net proceeds; total liquidity >$1.0B.","Portfolio: 2,135 properties; 69.1% annualized base rent from investment grade tenants; net debt to EBITDA 4.5x."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":272584,"accession_number":"0001104659-23-124991","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2023-12-11T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Agree Realty appoints Linglong He to Board of Directors, effective Jan 1, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Board size increased to 10 members; He will stand for election at 2024 Annual Meeting.","He brings over 25 years of tech/leadership experience, including CIO of Rocket Mortgage and COO of Rocket Central.","He is independent under NYSE standards and will receive standard non-employee director compensation.","He currently serves as Chief Leadership Advisor at Rocket Central (NYSE: RKT)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":272583,"accession_number":"0001104659-23-111089","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2023-10-24T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Agree Realty Q3 AFFO per share up 4.2% to $1.00; acquisition guidance raised to $1.3B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income per share $0.41, down 12.4% YoY; Core FFO per share $0.99, up 2.1%; AFFO per share $1.00, up 4.2%.","Acquired 74 properties for ~$398M at 6.9% cap rate; full-year acquisition guidance raised to ~$1.3B.","Closed $350M 5.5-year term loan at 4.52% fixed rate; raised $87M via ATM forward sales and settled $290M forward equity.","Record investment grade exposure of 68.9% of annualized base rents; portfolio 99.7% leased with 8.6-year WALT.","Monthly dividend increased 2.9% YoY to $0.247 per share; net debt to EBITDA of 4.5x."],"consensus_eps_estimate":null,"consensus_eps_actual":1.26,"consensus_revenue_estimate":null,"consensus_revenue_actual":393330000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":272582,"accession_number":"0001104659-23-106796","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2023-10-04T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Agree Realty discloses Q3 2023 weighted-average share counts for EPS","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Basic shares outstanding: 97,255,143; diluted: 97,349,473 for three months ended Sep 30, 2023.","Nine-month basic shares: 93,474,182; diluted: 93,732,359.","Unvested restricted stock of 242,693 shares excluded; OP Units of 347,619 included in diluted.","Forward equity offerings contributed 149,531 incremental diluted shares for nine-month period.","Data provided ahead of upcoming earnings release for EPS computation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":289418,"accession_number":"0001104659-23-104740","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2023-09-28T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Agree Realty enters new employment agreement with CEO Joel Agree, no fixed term","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["New employment agreement with CEO Joel Agree has no fixed expiration date, supersedes prior agreement expiring Sept 30, 2023.","Upon non-cause termination, Mr. Agree receives 200% base salary plus 200% of average annual bonus (3-year) and full equity vesting.","Upon change-in-control termination, severance increases to 300% base salary plus 300% of average annual bonus and full equity vesting.","Death or disability triggers prorated target bonus, equity vesting, and two months salary (death only) plus health benefits.","Non-compete and non-solicitation provisions apply for one year after termination for cause or voluntary resignation without good reason."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":289417,"accession_number":"0001104659-23-101578","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2023-09-18T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Nicole Witteveen appointed COO, Craig Erlich named Chief Growth Officer at Agree Realty","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Nicole Witteveen, former EVP People & Culture and Chief of Staff, appointed COO effective September 18, 2023.","Craig Erlich, former COO, appointed to the new role of Chief Growth Officer effective the same date.","No family relationships or material interests in transactions requiring disclosure for either appointment.","Biographical details incorporated by reference from the Company's March 31, 2023 proxy statement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":289416,"accession_number":"0001104659-23-086389","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2023-08-01T23:59:59+00:00","items":["1.01","2.02","2.03","9.01"],"status":"ready","headline":"Agree Realty Q2 AFFO per share $0.98 (+1.1%); ups 2023 acquisition guidance to at least $1.3B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $39.0M (+14.3% YoY); diluted EPS $0.42 (-7.2% YoY) on higher share count.","Core FFO per share $0.98 (flat); AFFO per share $0.98 (+1.1% YoY).","Full-year acquisition guidance raised to at least $1.3B (from $1.2B); Q2 invested ~$324M in 120 properties.","Closed $350M unsecured 5.5-year term loan at 4.52% fixed rate; used to pay down revolver.","Portfolio now 2,004 properties, 99.7% leased; proforma net debt/EBITDA 4.1x; liquidity ~$1.3B."],"consensus_eps_estimate":null,"consensus_eps_actual":0.86,"consensus_revenue_estimate":null,"consensus_revenue_actual":256518000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":289415,"accession_number":"0001104659-23-078081","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2023-07-05T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Agree Realty reports weighted-average share counts for Q2 2023","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Basic shares: 93,053,870 (Q2), 91,549,390 (6 months); diluted: 93,134,385 (Q2), 91,862,290 (6 months).","OP Units of 347,619 included in fully diluted count: 93,482,004 (Q2), 92,209,909 (6 months).","Forward equity offerings added 601 diluted shares for Q2 and 224,297 for six months.","Disclosure supports future EPS calculations; no earnings or guidance provided."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":310231,"accession_number":"0001104659-23-059228","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2023-05-11T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Agree Realty shareholders reelect three directors, ratify auditor in annual vote","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Merrie Frankel, John Rakolta Jr., Jerome Rossi reelected as directors; no opposing nominees.","Grant Thornton LLP ratified as independent auditor for 2023 with 79M for, 634K against.","Non-binding say-on-pay approved with 71.7M votes for (3.6M against).","Advisory vote on executive compensation frequency set to every year, as board recommended."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":310230,"accession_number":"0001104659-23-056333","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2023-05-05T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Agree Realty files new S-3 shelf, updates ATM equity program, adds Baird as agent","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Filed new $0.0001 par value common stock shelf registration statement (Form S-3) effective immediately.","Amended existing ATM equity distribution agreements with Capital One, Stifel, Wells Fargo, BofA, Citigroup, J.P. Morgan, Jefferies, Morgan Stanley, Raymond James.","Entered into new forward ATM equity distribution agreement with Robert W. Baird & Co.","No shares sold or priced; program replaces prior shelf and allows future at-the-market offerings."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":310229,"accession_number":"0001104659-23-055998","cik":917251,"company_name":"AGREE REALTY CORP","ticker":"ADC","form_type":"8-K","filed_at":"2023-05-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Agree Realty Q1 AFFO per share up 1.5% to $0.98; raises 2023 acquisition guidance to at least $1.2B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income per share fell 8.6% YoY to $0.44; Core FFO per share rose 0.6% to $0.98.","AFFO per share up 1.5% to $0.98; monthly dividend raised 3.8% YoY to $0.243 per share.","Invested $302M in 66 retail net lease properties at 6.7% cap rate; full-year guidance increased to at least $1.2B.","Portfolio 99.7% leased, 8.8-year weighted-average lease term, 68% from investment-grade tenants.","Balance sheet: proforma net debt/EBITDA 3.7x; $1.2B liquidity including $362M forward equity."],"consensus_eps_estimate":null,"consensus_eps_actual":0.44,"consensus_revenue_estimate":null,"consensus_revenue_actual":126618000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":8996905459.2646,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2023-05-04T23:59:59+00:00|310229"}