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NYSE:AKR

Acadia Realty Trust (AKR) Stock Price, News & Analysis

$22.19
-0.42 (-1.86%)
(As of 09/6/2024 ET)
Today's Range
$21.98
â–Ľ
$22.72
50-Day Range
$18.08
â–Ľ
$22.74
52-Week Range
$13.24
â–Ľ
$23.29
Volume
769,358 shs
Average Volume
991,650 shs
Market Capitalization
$2.29 billion
P/E Ratio
277.38
Dividend Yield
3.42%
Price Target
$19.40

Acadia Realty Trust MarketRank™ Stock Analysis

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
12.6% Downside
$19.40 Price Target
Short Interest
Healthy
2.88% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.15mentions of Acadia Realty Trust in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
3.88%
From $1.29 to $1.34 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.04 out of 5 stars

Finance Sector

761st out of 871 stocks

Real Estate Investment Trusts Industry

150th out of 178 stocks

AKR stock logo

About Acadia Realty Trust Stock (NYSE:AKR)

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.

AKR Stock Price History

AKR Stock News Headlines

Acadia Realty Trust (NYSE:AKR) Hits New 1-Year High at $22.77
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Truist Financial Remains a Hold on Acadia Realty (AKR)
Acadia Realty Trust Raises Dividend by 5.6%
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Acadia Realty Trust Q2 Profit Declines
Acadia Realty Trust Shs of Benef.Interest
Jefferies Keeps Their Buy Rating on Acadia Realty (AKR)
See More Headlines
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Company Calendar

Ex-Dividend for 7/15 Dividend
6/28/2024
Dividend Payable
7/15/2024
Last Earnings
7/30/2024
Today
9/07/2024
Ex-Dividend for 10/15 Dividend
9/30/2024
Dividend Payable
10/15/2024
Next Earnings (Estimated)
11/04/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Retail REITs
CUSIP
00423910
Employees
120
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$19.40
High Stock Price Target
$23.00
Low Stock Price Target
$16.00
Potential Upside/Downside
-12.6%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$19.87 million
Pretax Margin
-9.14%

Debt

Sales & Book Value

Annual Sales
$345.52 million
Cash Flow
$1.68 per share
Book Value
$21.25 per share

Miscellaneous

Free Float
100,261,000
Market Cap
$2.29 billion
Optionable
Optionable
Beta
1.47

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AKR Stock Analysis - Frequently Asked Questions

How have AKR shares performed this year?

Acadia Realty Trust's stock was trading at $16.99 at the beginning of 2024. Since then, AKR stock has increased by 30.6% and is now trading at $22.19.
View the best growth stocks for 2024 here
.

How were Acadia Realty Trust's earnings last quarter?

Acadia Realty Trust (NYSE:AKR) released its quarterly earnings results on Tuesday, July, 30th. The real estate investment trust reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.31 by $0.30. The business's revenue for the quarter was down 3.0% on a year-over-year basis.

What is Kenneth F. Bernstein's approval rating as Acadia Realty Trust's CEO?

16 employees have rated Acadia Realty Trust Chief Executive Officer Kenneth F. Bernstein on Glassdoor.com. Kenneth F. Bernstein has an approval rating of 65% among the company's employees.

Does Acadia Realty Trust have any subsidiaries?

Acadia Realty Trust subsidiaries include 100 Bull LLC, 102 EB LLC, 1035 Third Avenue LLC, 1100 N. State Lender LLC, 110 UP NY LLC, 11 East Walton LLC, 120 West Broadway Lender LLC, and more.

Who are Acadia Realty Trust's major shareholders?

Acadia Realty Trust's top institutional shareholders include Dimensional Fund Advisors LP (1.42%), Bank of New York Mellon Corp (1.14%), APG Asset Management US Inc. (0.97%) and Easterly Investment Partners LLC (0.81%). Insiders that own company stock include Douglas Crocker II, Lorrence T Kellar, Wendy W Luscombe, John J Gottfried, Richard Hartmann, Christopher Conlon and Jason Blacksberg.
View institutional ownership trends
.

How do I buy shares of Acadia Realty Trust?

Shares of AKR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Acadia Realty Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Acadia Realty Trust investors own include STAG Industrial (STAG), General Electric (GE), Huntington Ingalls Industries (HII), Johnson & Johnson (JNJ), STORE Capital (STOR), Ventas (VTR) and AbbVie (ABBV).

This page (NYSE:AKR) was last updated on 9/7/2024 by MarketBeat.com Staff

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