$ADC

AGREE REALTY CORP (ADC) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 adc20260630-ex991.htm EX-99.1 Document Exhibit 99.1 32301 Woodward Ave. Royal Oak, MI 48073 www.agreerealty.com FOR IMMEDIATE RELEASE Agree Realty Corporation Reports Second Quarter 2026 Results Record Quarterly Investment Activity of $502 Million Raises 2026 Investment

Cameroon’s airport operator Aéroports du Cameroun (ADC) has reached the preparation level for listing on BVMAC’s Premium segment, according to BVMAC Director General Louis Banga Ntolo, citing a June 24 workshop. No prospectus or COSUMAF clearance has been approved yet. ADC reported 2025 revenue of CFA36.89bn, share capital of CFA436m, and a 72.4% net profit drop to CFA2.54bn.

Benzinga compares Agree Realty (ADC) and Global Net Lease (GNL), both net-lease REITs, noting their different dividend yields. Agree Realty’s Q1 2026 results included AFFO $1.14/share, 99.7% occupancy, a dividend raised to $0.267/month, and ~4% yield, supported by A-/BBB+ ratings and 3.2x net debt/EBITDA. Global Net Lease reported Q1 2026 AFFO $0.21/share (down from $0.29), revenue $109.3M, ~$2.4B net debt, 7.2x leverage, BBB- rating, and ~8% yield; Fitch upgraded it to BBB- in 2025 after balanc

AGREE RICHARD (EXECUTIVE CHAIRMAN OF BOARD) purchased 5,000 indirectly-held shares of AGREE REALTY CORP (ADC) at $71.41 ($0.36M total) on 2026-06-04.

Agree Realty Corp board member Michael Judlowe received equity-based compensation in the form of Restricted Stock Units (RSUs), totaling 3,487 common shares. These RSUs vest on May 14, 2027, and Judlowe has elected to defer their receipt until he departs from the Board, as well as opting to receive a portion of his annual fee in RSUs instead of cash. Following these transactions, his direct holdings in Agree Realty increased to 15,317 common shares.

Vanguard Capital Management has reported a beneficial ownership of 6,332,281 shares of Agree Realty Corp (NYSE: ADC) common stock, which represents a 5.27% stake. This information comes from a Schedule 13G filing, indicating a passive investment. The filing was signed by Ashley Grim on April 29, 2026, and details Vanguard's sole dispositive power over all these shares and sole voting power for 985,848 shares.

Vanguard Group Inc. increased its stake in Agree Realty Corporation (NYSE:ADC) by 2.2% during the third quarter, now owning 15,646,573 shares valued at approximately $1.11 billion. Institutional investors collectively control about 97.83% of the stock. Insiders, including Chairman Richard Agree and Director John Rakolta Jr., have also recently purchased shares, bringing insider ownership to 1.8%.

This article compares Agree Realty (ADC) and NNN REIT (NNN), highlighting their differing financial strategies despite operating in the same net lease sector. ADC leverages external capital for faster growth and higher investment, while NNN focuses on internal funding and financial discipline for stability. Both companies reported strong Q4 results and reaffirmed guidance, but their structural approaches to growth and balance sheet management cater to different market conditions and investor preferences.

Agree Realty (ADC) has declared a consistent monthly dividend of $0.262 per share, yielding 4.13%. While the company exhibits stable revenue growth and strong gross margins, its financial health analysis indicates potential risks such as a high dividend payout ratio (1.73), moderate leverage, and valuation metrics near historical highs. Investors should consider these factors despite the company's strategic focus on retail properties and positive insider activity.

Royal Bank of Canada has adjusted its price target for Agree Realty (NYSE:ADC) to $79.00, down from $80.00, while maintaining an "outperform" rating. This adjustment still suggests a potential upside of approximately 12.6% for the real estate investment trust. Market analysts generally hold a "Moderate Buy" consensus for ADC, with an average target price of $80.23, reflecting continued positive sentiment despite the slight target reduction.