Acadia Realty Trust (AKR)
| Market Cap | 3.04B |
| Revenue (ttm) | 367.40M |
| Net Income (ttm) | 10.66M |
| Shares Out | 121.71M |
| EPS (ttm) | 0.10 |
| PE Ratio | 239.55 |
| Forward PE | 59.77 |
| Dividend | $0.76 (3.05%) |
| Ex-Dividend Date | Sep 30, 2024 |
| Volume | 655,378 |
| Open | 24.88 |
| Previous Close | 24.98 |
| Day's Range | 24.72 - 25.03 |
| 52-Week Range | 14.72 - 25.58 |
| Beta | 1.48 |
| Analysts | Buy |
| Price Target | 22.00 (-11.82%) |
| Earnings Date | Oct 28, 2024 |
About 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 s... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for AKR stock is "Buy." The 12-month stock price forecast is $22.0, which is a decrease of -11.82% from the latest price.
News
Acadia Realty Trust Announces $0.19 Per Share Quarterly Dividend
RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) announced today that its Board of Trustees has authorized a cash dividend of $0.19 per common share for the quar...
Acadia Realty Trust (AKR) Q3 2024 Earnings Call Transcript
Acadia Realty Trust (NYSE:AKR) Q3 2024 Earnings Conference Call October 28, 2024 11:00 AM ET Company Participants Alec Aaronson - Development Analyst Ken Bernstein - President and Chief Executive Off...
Acadia Realty Trust Reports Third Quarter Operating Results
RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today reported operating results for the quarter ended September 30, 2024. All per share amounts are on a fully-...
Acadia Realty Trust to Announce Third Quarter 2024 Earnings on October 28, 2024
RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) will release its third quarter 2024 earnings prior to the market open on Monday, October 28, 2024. Management wi...
Acadia Realty Trust Announces Pricing of Upsized Offering of 5,000,000 Common Shares
RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) announced today the pricing of an upsized underwritten offering of 5,000,000 common shares of beneficial interes...
Acadia Realty Trust Announces Offering of 4,500,000 Common Shares
RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) announced today that it is commencing an underwritten public offering of 4,500,000 of its common shares of benef...
CORRECTING and REPLACING Acadia Realty Trust to Present at BofA Securities 2024 Global Real Estate Conference
RYE, N.Y.--(BUSINESS WIRE)--Please replace the release dated September 4, 2024, with the following corrected version due to multiple revisions. The updated release reads: ACADIA REALTY TRUST TO PRESE...
Shopping Center REITs Are Hot: Pick A Winner
The current environment is favorable for REITs, with normalized prices, falling Treasury yields, and expected prime rate cuts. Shopping Center REITs offer above-average yields (3.88%) and superior gro...
Acadia Realty Trust to Present at BofA Securities 2024 Global Real Estate Conference
RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today announced that it will participate at the BofA Securities 2024 Global Real Estate Conference. BofA Securit...
Acadia Realty Trust: Strong NOI Growth Pipeline But Little Immediate Benefit From Fed Easing
Acadia Realty Trust is a retail REIT focused on affluent communities with high population density. The REIT has significantly outperformed the Vanguard Real Estate Index Fund ETF so far in 2024, pushi...
Acadia Realty Trust (AKR) Q2 2024 Earnings Call Transcript
Acadia Realty Trust (NYSE:AKR) Q2 2024 Earnings Conference Call July 31, 2024 11:00 AM ET Company Participants Ethan Gomez - Acquisitions Intern Ken Bernstein - President & Chief Executive Officer A....
Acadia Realty Trust Reports Second Quarter Operating Results
RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today reported operating results for the quarter ended June 30, 2024. All per share amounts are on a fully-dilut...
Acadia Realty Trust to Announce Second Quarter 2024 Earnings on July 30, 2024
RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE:AKR) (“Acadia” or the “Company”) will release its second quarter 2024 earnings on Tuesday, July 30, 2024, after market close. Management will cond...
Acadia Realty Trust to Present at NAREIT's REITweek®: 2024 Investor Conference
RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today announced that it will participate in NAREIT's REITweek®: 2024 Investor Conference. NAREIT REITweek®: 2024...
Acadia Realty Trust Completes Transaction With Institutional Partner
RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) announced the formation of a strategic relationship with J.P. Morgan Asset Management (“JPM”) to pursue the acqu...
J.P. Morgan Real Estate Income Trust, Inc. Acquires Grocery-Anchored Retail Shopping Center in Queens, New York
NEW YORK , May 16, 2024 /PRNewswire/ -- J.P. Morgan Real Estate Income Trust, Inc. (JPMREIT) announced today it acquired a 95% interest in Shops at Grand Avenue, a 99,837-square foot, 100% leased, Cla...
Acadia Realty Trust Announces $0.18 Per Share Quarterly Dividend
RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE:AKR) (“Acadia” or the “Company”) today announced that its Board of Trustees has declared a cash dividend of $0.18 per common share for the quarter...
Acadia Realty Trust (AKR) Q1 2024 Earnings Call Transcript
Acadia Realty Trust (NYSE:AKR) Q1 2024 Results Conference Call April 30, 2024 11:00 AM ET Company Participants Jose Vilchez - Capital Markets Analyst Ken Bernstein - President and CEO A.J. Levine - S...
Acadia Realty Trust Reports First Quarter Operating Results
RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today reported operating results for the quarter ended March 31, 2024. For the quarter ended March 31, 2024, net...
Acadia Realty Trust Announces Expanded $750 Million Senior Unsecured Revolving Credit and Term Loan Facility
RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (the “Company”) announced today that it closed on a $750 million amended and restated credit facility, which replaces and extends the Compan...
Acadia Realty Trust: Safe 4.2% Dividend Yield From Street Retail, But I'm Not Buying
Acadia Realty Trust is paying out a 4.2% dividend yield that's 156% covered by FFO. The REIT saw same-property net operating income grow by 10% during its fiscal 2023 fourth quarter.
Acadia Realty Trust to Announce First Quarter 2024 Earnings on April 29, 2024
RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE:AKR) (“Acadia” or the “Company”) will release its first quarter 2024 earnings on Monday, April 29, 2024, after market close. Management will condu...
Acadia Realty Trust Will Present at the Citi 2024 Global Property CEO Conference
RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE:AKR) (“Acadia” or the “Company”) today announced that the Company will participate and present at the Citi 2024 Global Property CEO Conference, wh...
Acadia Realty Trust Announces 2024 Annual Meeting Date
RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE:AKR) (“Acadia” or the “Company”) today announced the date of the Company's 2024 Annual Shareholder Meeting. Acadia's Board of Trustees has set the...
Acadia Realty Trust (AKR) Q4 2023 Earnings Call Transcript
Acadia Realty Trust (AKR) Q4 2023 Earnings Call Transcript