Agree Realty Reports Second Quarter 2018 Results And Provides Mid-Year Update

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Agree Realty (ADC) PT Raised to $58 at Ladenburg Thalmann

July 25, 2018 2:10 PM EDT

Ladenburg Thalmann raised its price target on Agree Realty (NYSE: ADC) to $58.00 (from $55.00) while maintaining a Buy rating.

Analyst John Massocca notes strong growth is not coming at the expense of portfolio quality.

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Agree Realty (ADC) Tops Q2 EPS by 3c; FFO of $0.71

July 23, 2018 4:08 PM EDT

Agree Realty (NYSE: ADC) reported Q2 EPS of $0.41, $0.03 better than the analyst estimate of $0.38.

Invested $104.3 million in 29 retail net lease propertiesIncreased rental revenue 27.7% to $32.1 millionNet Income per share attributable to the Company decreased 26.9% to $0.41Net Income attributable to the Company decreased 13.1%... More