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Agree Realty raises AFFO guidance and investment targets, maintaining Buy rating amid strong growth.

Analyst Insights
11 Sep 2026
Seeking Alpha
View Source
Bullish
Agree Realty raises AFFO guidance and investment targets, maintaining Buy rating amid strong growth.

Agree Realty Corporation (ADC) has raised its full-year AFFO per share guidance to $4.57–$4.59 and increased its investment volume target to $1.6–$1.8 billion, reflecting ongoing accretive acquisitions. Despite challenges like macroeconomic headwinds and rising treasury yields, ADC's strong balance sheet and high-quality tenant base provide resilience and a margin of safety. The stock trades at a conservative valuation, supporting a favorable risk-reward profile. This reinforces the Buy rating based on robust AFFO growth and positive investment outlook.

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