Acadia Realty Trust (AKR)

NYSE: AKR · Real-Time Price · USD
25.20
+0.20 (0.80%)
Dec 12, 2024, 4:00 PM EST - Market closed
0.80%
Market Cap 3.07B
Revenue (ttm) 367.40M
Net Income (ttm) 10.66M
Shares Out 121.71M
EPS (ttm) 0.10
PE Ratio 241.95
Forward PE 61.09
Dividend $0.76 (3.02%)
Ex-Dividend Date Sep 30, 2024
Volume 971,214
Open 24.84
Previous Close 25.00
Day's Range 24.84 - 25.39
52-Week Range 16.10 - 26.29
Beta 1.49
Analysts Buy
Price Target 23.00 (-8.73%)
Earnings Date Feb 11, 2025

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]

Industry REIT - Retail
Sector Real Estate
IPO Date May 26, 1993
Employees 117
Stock Exchange NYSE
Ticker Symbol AKR
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for AKR stock is "Buy." The 12-month stock price forecast is $23.0, which is a decrease of -8.73% from the latest price.

Price Target
$23.0
(-8.73% downside)
Analyst Consensus: Buy
Stock Forecasts

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...

5 weeks ago - Business Wire

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...

6 weeks ago - Seeking Alpha

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-...

6 weeks ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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...

Other symbols: ALEXBFSBRXCTOFRTIVTKIM
3 months ago - Seeking Alpha

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...

3 months ago - Business Wire

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...

4 months ago - Seeking Alpha

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....

4 months ago - Seeking Alpha

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...

4 months ago - Business Wire

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...

5 months ago - Business Wire

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...

7 months ago - Business Wire

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...

7 months ago - Business Wire

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...

Other symbols: JPM
7 months ago - PRNewsWire

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...

8 months ago - Business Wire

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...

8 months ago - Seeking Alpha

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...

8 months ago - Business Wire

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...

8 months ago - Business Wire

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.

8 months ago - Seeking Alpha

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...

9 months ago - Business Wire

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...

10 months ago - Business Wire

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...

10 months ago - Business Wire

Acadia Realty Trust (AKR) Q4 2023 Earnings Call Transcript

Acadia Realty Trust (AKR) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha