Agree Realty

At the annual meeting, shareholders elected John Rakolta, Jr. and Jerome Rossi to the board of directors until the 2029 annual meeting. They also confirmed Grant Thornton as the independent auditor and, in a non‑binding vote, approved the executives’ compensation. Agree Realty reported Q1/2026 EPS of $0.50 and revenue of $200.81 million and announced an at‑the‑market agreement to issue up to $1.75 billion of common stock; RBC raised its price target to $82 and kept an Outperform rating. » More on de.investing.com

Agree Realty has entered into an at‑the‑market placement agreement that allows issuance of common stock totaling up to $1.75 billion and replaces a prior agreement. Sales may be made through traded transactions, block trades, market‑makers, or forward‑sale agreements with financial institutions; sales agents will receive up to a 2.0% commission. The company also reported Q1 results that beat expectations for EPS and revenue, after which RBC slightly raised its price target and maintained its rating. » More on de.investing.com

Agree Realty reported Q1 2026 EPS of $0.50 versus $0.48 expected and revenue of $200.81 million versus a $195.86 million forecast. The company raised FFO/AFFO per share by 8.1% and 7.9%, improved occupancy to 99.7%, and built liquidity of $2.3 billion. A record $660 million was raised through the ATM program; the stock rose 2.28% premarket. Agree Realty reaffirmed its AFFO guidance for the year of $4.54–4.58 and plans ongoing development and acquisition activity. » More on de.investing.com