{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-110557","form_type":"8-K","ticker":"ADC","cik":"0000917251","company_name":"AGREE REALTY CORP","filed_at":"2024-10-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.382984+00:00","generated_at":"2026-05-30T12:12:51.401496+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Agree Realty Q3 2024 Core FFO $1.01, raises acquisition guidance to $850M, AFFO guidance to $4.12-$4.14","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%."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-110557","json":"https://secwatch.observer/filing/0001104659-24-110557.json","markdown":"https://secwatch.observer/filing/0001104659-24-110557.md","text":"https://secwatch.observer/filing/0001104659-24-110557.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/917251/000110465924110557/0001104659-24-110557-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/917251/000110465924110557/tm2426623d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T12:12:51.401496+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"}