Acadia Realty Trust (NYSE:AKR - Get Free Report) will likely be issuing its quarterly earnings data after the market closes on Tuesday, February 11th. Analysts expect the company to announce earnings of $0.09 per share and revenue of $79.68 million for the quarter. Parties that are interested in registering for the company's conference call can do so using this link.
Acadia Realty Trust Stock Up 0.6 %
NYSE AKR traded up $0.13 during trading hours on Friday, hitting $23.46. The company's stock had a trading volume of 592,553 shares, compared to its average volume of 875,122. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.67. The company's 50-day simple moving average is $23.77 and its two-hundred day simple moving average is $23.36. The company has a market capitalization of $2.81 billion, a PE ratio of 260.71, a price-to-earnings-growth ratio of 6.16 and a beta of 1.46. Acadia Realty Trust has a 52 week low of $16.09 and a 52 week high of $26.29.
Analyst Ratings Changes
AKR has been the subject of several recent research reports. StockNews.com downgraded Acadia Realty Trust from a "hold" rating to a "sell" rating in a report on Monday, December 2nd. Compass Point upgraded shares of Acadia Realty Trust from a "neutral" rating to a "buy" rating and increased their target price for the company from $23.00 to $27.00 in a report on Thursday, October 10th. Finally, Truist Financial lifted their target price on shares of Acadia Realty Trust from $23.00 to $27.00 and gave the stock a "hold" rating in a research report on Thursday, December 5th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $23.00.
Read Our Latest Analysis on Acadia Realty Trust
About Acadia Realty Trust
(
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Acadia Realty Trust is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual Core Portfolio and Fund operating platforms and its disciplined, location-driven investment strategy. Acadia Realty Trust is accomplishing this goal by building a best-in-class core real estate portfolio with meaningful concentrations of assets in the nation's most dynamic corridors; making profitable opportunistic and value-add investments through its series of discretionary, institutional funds; and maintaining a strong balance sheet.
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