Agree Realty Corporation functions as a publicly traded Real Estate Investment Trust (REIT), concentrating its efforts on the acquisition and development of ...
Plutux is not an investment adviser. Market data and AI-generated analysis are for information and education only, not investment advice. Disclaimer
$3.14 per share
Est. EPS $1.11
Est. EPS $1.90 · Revenue $835.49M · 3 analysts
Est. EPS $1.96 · Revenue $918.57M · 5 analysts
$3.14 per share
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $718.4M | +16.4% | +2.1% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $204.3M | +8.0% | -12.2% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +87.7% | -0.2% | -77.2% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +47.4% | -3.3% | -2.0% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +28.4% | -7.2% | -14.0% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $504.1M | +16.7% | +303.3% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +70.2% | +0.2% | +299.1% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 53.5% | +4.1% | +13.9% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 0.83x | +6.6% | -82.6% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $9.8B | +15.5% | +4.0% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 1.77 vs 1.79 | -0.9% | 0.44 vs 0.55 | -20.1% |
| Revenue Surprise | $718.4M vs $717.2M | +0.2% | $205.1M vs $232.3M | -11.7% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Aug 31, 2026 | RAKOLTA JOHN JR | director | Common Shares | A | 10,000 | $72.42 |
| Aug 28, 2026 | RAKOLTA JOHN JR | director | Common Shares | A | 136 | $73.52 |
| Aug 27, 2026 | RAKOLTA JOHN JR | director | Common Shares | A | 20,000 | $73.23 |
| Aug 19, 2026 | Witteveen Nicole | officer: CHIEF OPERATING OFFICER | Common Shares | D | 293 | $74.39 |
| Jun 4, 2026 | AGREE RICHARD | director, officer: EXECUTIVE CHAIRMAN OF BOARD | Common Shares | A | 5,000 | $71.41 |
Operator: Good morning. And welcome to the Agree Realty Second Quarter 26 Earnings Call. All participants will be in listen only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by 0. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then 1 on your touch tone phone. To withdraw your question, please press star then 1. Please limit yourself to 2 questions during this call. Note, this event is being recorded. I would now like to turn the conference over to Reuben Goldman Treatman senior director of corporate finance. Please go ahead, Ruben. Reuben Goldman Treatman: Thank you. Good morning, everyone, and thank you for joining us for Acre Realty's second quarter 26 earnings call. Before turning the call over to Joel and Peter to discuss our results for the quarter, let me first run through the cautionary language. Please note that during this call, we will make certain statements that may be considered forward looking under federal securities law. Including statements related to our updated 2026 guidance, our actual results may differ significantly from the matters discussed in any forward looking statements for a number of reasons. Please see yesterday's earnings release and our SEC filings including our latest annual report on Form 10 ks for a discussion of various risks and uncertainties underlying our forward looking statements. In addition, we discuss non GAAP financial measures, including core funds from operations or core FFO, adjusted funds from operations or AFFO, net debt to enterprise value, fixed charge coverage ratio, and pro forma net debt to recurring EBITDA. Reconciliations of our historical non GAAP financial measures to the most directly comparable GAAP measures can be found in our earnings release, website and SEC filings. I will now turn the call over to Joel. Joel N. Agree: Thanks, Ruben, and thank you all for joining us this morning. I am extremely pleased with our performance during the second quarter which represents a significant milestone in our company's history. During the quarter, we invested a company record of $500 million across our 3 external growth platforms. While the numbers are quite impressive, the combination of real estate attributes, credit composition, and lease term similarly represent the highest quality quarter our company's history. All 3 of our external growth platforms have broad and expansive pipelines, enabling us to once again raise our full year investment volume guidance to an updated range of $1.6 billion to $1.8 billion The midpoint of this range surpasses last year's investment activity represents 24% increase over our initial investment volume guidance provided at the beginning of the year. Based on our increased investment activities and the performance of our portfolio year to date, we are raising our full year AFFO per share guidance by $0.02 at the midpoint to a new range …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Joel N. Agree | President, Chief Executive Officer & Director | USD 4,034,268 | Male | 1979 | Active |
Nicole Witteveen | Chief Operating Officer | USD 1,151,722 | Female | 1990 | Active |
Peter Coughenour | Chief Financial Officer, Secretary & Investor Relations Professional | USD 1,138,194 | Male | 1993 | Active |
Craig Erlich | Chief Growth Officer | USD 906,386 | Male | 1968 | Active |
Danielle Spehar | General Counsel | USD 802,035 | Female | 1968 | Active |
Larry Kaufman | Chief Information Officer & Vice President of Continuous Improvement | — | Male | — | Active |
Reuben Goldman Treatman | Senior Director of Corporate Finance | — | Male | — | Active |
Richard A. Agree | Executive Chairman of the Board | — | Male | 1944 | Active |
Stephen Breslin | VP & Chief Accounting Officer | — | Male | — | Active |
Kristina Kolbas | Vice President of People & Culture | — | Female | — | Active |
A smaller portfolio built around the right income assets can throw off more cash every year than a million dollars sitting in the S&P 500, but the tradeoffs between each yield tier will determine whether that income grows or quietly erodes.
Agree Realty (NYSE:ADC) and NNN REIT (NYSE:NNN) entered the second half with annualized dividend payout ratios separated by less than half a percentage point.
LAUSANNE, Switzerland, Aug. 6, 2026 /PRNewswire/ -- ADC Therapeutics SA (NYSE: ADCT), a commercial-stage global leader and pioneer in the field of antibody drug conjugates (ADCs), today announced that it will host a conference call and live webcast on Thursday, August 13, 2026, at 8:30 a.m. EDT to report financial results for the second quarter of 2026 and provide operational updates.
The current market is built around AI. We are seeing more and more signs that the market is getting exhausted by the AI hype. In this setting, I am extra skeptical about high-risk and “too good to be true” yield instruments.
Discussion explores how combining complementary payload technologies may unlock new therapeutic opportunities while reinforcing the versatility of Akari's proprietary PH1 spliceosome-modulating payload platform Access the Akari CEO Corner here TAMPA, Fla. and LONDON, Aug. 04, 2026 (GLOBE NEWSWIRE) -- Akari Therapeutics, Plc (Nasdaq: AKTX), an oncology biotechnology company developing antibody drug conjugates (ADCs) with novel RNA splicing modulator payloads, today released a new CEO Corner segment featuring President and Chief Executive Officer Abizer Gaslightwala discussing the Company's recently announced strategic research collaboration with WhiteHawk Therapeutics and why the Company believes scientifically driven collaborations will play an increasingly important role in advancing the next generation of ADC innovation.
