Acadia Realty Trust (AKR) to Release Earnings on Tuesday

Acadia Realty Trust (NYSE:AKR - Get Free Report) is expected to be issuing its Q1 2025 quarterly earnings data after the market closes on Tuesday, April 29th. Analysts expect Acadia Realty Trust to post earnings of $0.33 per share and revenue of $86.99 million for the quarter. Acadia Realty Trust has set its FY 2025 guidance at 1.300-1.390 EPS.

Acadia Realty Trust (NYSE:AKR - Get Free Report) last announced its quarterly earnings results on Tuesday, February 11th. The real estate investment trust reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.23. Acadia Realty Trust had a return on equity of 0.88% and a net margin of 5.74%. On average, analysts expect Acadia Realty Trust to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Acadia Realty Trust Price Performance

AKR stock opened at $19.50 on Tuesday. The firm has a market cap of $2.34 billion, a P/E ratio of 108.33, a price-to-earnings-growth ratio of 6.09 and a beta of 1.24. Acadia Realty Trust has a 1 year low of $16.14 and a 1 year high of $26.29. The stock has a 50-day simple moving average of $21.23 and a 200-day simple moving average of $23.11. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.96 and a current ratio of 0.96.

Acadia Realty Trust Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 4.10%. This is a positive change from Acadia Realty Trust's previous quarterly dividend of $0.19. The ex-dividend date was Monday, March 31st. Acadia Realty Trust's dividend payout ratio (DPR) is presently 444.44%.

Insiders Place Their Bets

In other news, EVP Jason Blacksberg sold 30,000 shares of Acadia Realty Trust stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $22.81, for a total value of $684,300.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.83% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Separately, Truist Financial raised Acadia Realty Trust from a "hold" rating to a "buy" rating and set a $23.00 target price on the stock in a research report on Thursday, April 10th.

About Acadia Realty Trust

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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