Detail akcie Agree Realty online

Business Summary: Agree Realty Corporation is an integrated real estate investment trust (REIT) primarily focused on the ownership, acquisition, development and management of retail properties net-leased to tenants. The Company's assets are held by, and all of its operations are conducted through, directly or indirectly, the operating partnership, of which the Company is the sole general partner. Its portfolio consists of over 2,135 properties located in 49 states and totaling approximately 44.2 million square feet of gross leasable area (GLA). Its portfolio of properties is located in Texas, Ohio, Florida, Michigan, Illinois, North Carolina, New Jersey, Pennsylvania, California, New York, Georgia, Virginia, Connecticut, Wisconsin and others. Its tenants include Walmart, Dollar General, Tractor Supply, Best Buy, Dollar Tree, TJX Companies, O'Reilly Auto Parts, CVS, Kroger, Lowe's, Hobby Lobby, Burlington, Sherwin-Williams, Sunbelt Rentals, Wawa, Home Depot, TBC Corporation, Gerber Collision, and others.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Agree Realty Corporation revenues increased 25% to $537.5M. Net income applicable to common stockholders increased 12% to $162.1M. Revenues reflect NAREIT FFO - Per Share - Basic - Total increase of 3% to $3.59, NAREIT FFO - Per Share - Diluted - Total increase of 4% to $3.58. Net income was partially offset by Depreciation of investment property increase of 30% to $115.6M (expense).