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

Company Overview

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.

Key Stats

• Today's Range: $24.72 to $25.03
• 50-Day Range: $22.63 to $25.18
• 52-Week Range: $14.62 to $25.58
• Volume: 655,378 shs
• Average Volume: 1.27 million shs
• Market Capitalization: $2.99 billion
• P/E Ratio: 277.28
• Dividend Yield: 3.05%
• Price Target: $21.60
• Consensus Rating: Moderate Buy

Acadia Realty Trust Stock Analysis - MarketRank™

Acadia Realty Trust scored higher than 44% of companies evaluated by MarketBeat, and ranked 689th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Acadia Realty Trust has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Acadia Realty Trust has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: 4.69%

Earnings Growth

Earnings for Acadia Realty Trust are expected to grow by 4.69% in the coming year, from $1.28 to $1.34 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Acadia Realty Trust is 277.28, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 134.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of Acadia Realty Trust is 277.28, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 49.29.

Price to Earnings Growth Ratio

Acadia Realty Trust has a PEG Ratio of 6.22. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Acadia Realty Trust has a P/B Ratio of 1.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.37% of the outstanding shares of Acadia Realty Trust have been sold short.

Short Interest Ratio / Days to Cover

Acadia Realty Trust has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Acadia Realty Trust has recently decreased by 65.95%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Acadia Realty Trust pays a meaningful dividend of 3.09%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Acadia Realty Trust does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Acadia Realty Trust is 844.44%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Acadia Realty Trust will have a dividend payout ratio of 56.72% next year. This indicates that Acadia Realty Trust will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.37% of the outstanding shares of Acadia Realty Trust have been sold short.

Short Interest Ratio / Days to Cover

Acadia Realty Trust has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Acadia Realty Trust has recently decreased by 65.95%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.6 / 5
• News Sentiment: 1.57

News Sentiment

Acadia Realty Trust has a news sentiment score of 1.57. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.77 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Acadia Realty Trust this week, compared to 2 articles on an average week.

Search Interest

4 people have searched for AKR on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Acadia Realty Trust insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.83% of the stock of Acadia Realty Trust is held by insiders.

Percentage Held by Institutions

97.65% of the stock of Acadia Realty Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AKR Stock Analysis - Frequently Asked Questions

How have AKR shares performed this year?

Acadia Realty Trust's stock was trading at $16.99 on January 1st, 2024. Since then, AKR shares have increased by 46.9% and is now trading at $24.9550.
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 data on Monday, October, 28th. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by $0.25. Acadia Realty Trust's quarterly revenue was up 7.7% compared to the same quarter last year.

Does Acadia Realty Trust have any subsidiaries?

The following companies are subsidiaries of Acadia Realty Trust: 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?

Top institutional shareholders of Acadia Realty Trust include FMR LLC (8.01%), Wellington Management Group LLP (5.02%), State Street Corp (5.00%) and Geode Capital Management LLC (2.21%). Insiders that own company stock include Douglas Crocker II, Wendy W Luscombe, John J Gottfried, Richard Hartmann and Christopher Conlon.
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 JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), Chevron (CVX), Meta Platforms (META) and Netflix (NFLX).

Company Calendar

• Ex-Dividend for 10/15 Dividend: 9/30/2024
• Dividend Payable: 10/15/2024
• Last Earnings: 10/28/2024
• Today: 11/20/2024
• Ex-Dividend for 1/15 Dividend: 12/31/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/15/2025
• Next Earnings (Estimated): 2/11/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Retail REITs
• Current Symbol: NYSE:AKR
• CUSIP: 00423910
• CIK: 899629
• Web: www.acadiarealty.com
• Phone: (914) 288-8100
• Fax: 914-428-2760
• Employees: 120
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $21.60
• High Stock Price Target: $27.00
• Low Stock Price Target: $18.00
• Potential Upside/Downside: -13.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.09
• Trailing P/E Ratio: 277.28
• Forward P/E Ratio: 19.50
• P/E Growth: 6.22
• Net Income: $19.87 million
• Net Margins: 3.07%
• Pretax Margin: -0.85%
• Return on Equity: 0.48%
• Return on Assets: 0.25%

Debt

• Debt-to-Equity Ratio: 0.67
• Current Ratio: 1.14
• Quick Ratio: 1.14

Sales & Book Value

• Annual Sales: $351.87 million
• Price / Sales: 8.49
• Cash Flow: $1.73 per share
• Price / Cash Flow: 14.45
• Book Value: $21.85 per share
• Price / Book: 1.14

Miscellaneous

• Outstanding Shares: 119,655,000
• Free Float: 116,269,000
• Market Cap: $2.99 billion
• Optionable: Optionable
• Beta: 1.46