|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||56.00 - 57.00|
|52 Week Range||50.50 - 63.00|
|Beta (5Y Monthly)||0.33|
|PE Ratio (TTM)||38.88|
|Earnings Date||Jul 19, 2021 - Jul 23, 2021|
|Forward Dividend & Yield||2.17 (3.84%)|
|Ex-Dividend Date||Apr 29, 2021|
|1y Target Est||N/A|
Agree Realty Corporation (NYSE: ADC) (the "Company") today announced that its operating partnership, Agree Limited Partnership (the "Operating Partnership"), priced a public offering of $350 million of 2.000% senior unsecured notes due 2028 (the "2028 Notes") and $300 million of 2.600% senior unsecured notes due 2033 (the "2033 Notes" and, together with the 2028 Notes, the "Notes"). The public offering price for the 2028 Notes was 99.265% of the principal amount for an effective yield to maturity of 2.112%, and the public offering price for the 2033 Notes was 99.136% of the principal amount for an effective yield to maturity of 2.684%. The Notes will be senior unsecured obligations of the Operating Partnership, guaranteed by the Company and certain of their subsidiary guarantors. This offering is expected to close on May 14, 2021, subject to the satisfaction of customary closing conditions.
Agree Realty Corporation ( NYSE:ADC ) just released its first-quarter report and things are looking bullish. Agree...
Good morning, everyone, and thank you for joining us for Agree Realty's First Quarter 2021 Earnings Call. While externally these results speak to our present and future capabilities, what is less visible is the platform infrastructure that we have constructed that powers the ADC engine.