Acadia Realty Trust (NYSE:AKR) Updates FY 2025 Earnings Guidance

Acadia Realty Trust (NYSE:AKR - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 1.300-1.390 for the period, compared to the consensus estimate of 1.330. The company issued revenue guidance of -.

Analysts Set New Price Targets

Several research firms recently issued reports on AKR. StockNews.com cut Acadia Realty Trust from a "hold" rating to a "sell" rating in a report on Monday, December 2nd. Truist Financial boosted their target price on Acadia Realty Trust from $23.00 to $27.00 and gave the stock a "hold" rating in a report on Thursday, December 5th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company's stock. According to MarketBeat, Acadia Realty Trust has a consensus rating of "Hold" and an average target price of $23.00.

Acadia Realty Trust Price Performance

Shares of Acadia Realty Trust stock traded down $0.85 on Friday, hitting $23.90. 1,151,262 shares of the company were exchanged, compared to its average volume of 813,390. The stock has a market capitalization of $2.86 billion, a price-to-earnings ratio of 265.51, a price-to-earnings-growth ratio of 6.24 and a beta of 1.46. The company has a 50-day moving average price of $23.61 and a 200 day moving average price of $23.50. Acadia Realty Trust has a 1-year low of $16.09 and a 1-year high of $26.29. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.67.

Acadia Realty Trust (NYSE:AKR - Get Free Report) last released its quarterly earnings results on Tuesday, February 11th. The real estate investment trust reported $0.32 EPS for the quarter, beating the consensus estimate of $0.09 by $0.23. Acadia Realty Trust had a net margin of 3.07% and a return on equity of 0.48%. As a group, sell-side analysts predict that Acadia Realty Trust will post 1.28 earnings per share for the current fiscal year.

Acadia Realty Trust Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 3.35%. The ex-dividend date of this dividend is Monday, March 31st. This is a positive change from Acadia Realty Trust's previous quarterly dividend of $0.19. Acadia Realty Trust's payout ratio is presently 844.44%.

Acadia Realty Trust Company Profile

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.