{"schema_version":"secwatch.filing_event.v1","accession":"0000917251-26-000061","form_type":"8-K","ticker":"ADC","cik":"0000917251","company_name":"AGREE REALTY CORP","filed_at":"2026-07-30T20:05:59+00:00","discovered_at":"2026-07-30T20:07:00.227927+00:00","generated_at":"2026-07-30T20:07:40.985574+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Agree Realty Q2 AFFO $1.14, record investment $502M, raises 2026 guidance","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."],"urls":{"canonical":"https://secwatch.observer/filing/0000917251-26-000061","json":"https://secwatch.observer/filing/0000917251-26-000061.json","markdown":"https://secwatch.observer/filing/0000917251-26-000061.md","text":"https://secwatch.observer/filing/0000917251-26-000061.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/917251/000091725126000061/0000917251-26-000061-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/917251/000091725126000061/adc-20260730.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-30T20:07:40.985574+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}