Acadia Realty Trust (NYSE:AKR - Get Free Report) is projected to post its Q2 2025 quarterly earnings results after the market closes on Tuesday, July 29th. Analysts expect Acadia Realty Trust to post earnings of $0.33 per share and revenue of $81.89 million for the quarter. Acadia Realty Trust has set its FY 2025 guidance at 1.320-1.390 EPS.
Acadia Realty Trust (NYSE:AKR - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The real estate investment trust reported $0.34 earnings per share for the quarter, beating analysts' consensus estimates of $0.33 by $0.01. Acadia Realty Trust had a net margin of 5.36% and a return on equity of 0.81%. The firm had revenue of $104.39 million during the quarter, compared to analysts' expectations of $86.99 million. During the same period in the previous year, the company earned $0.33 earnings per share. Acadia Realty Trust's quarterly revenue was up 14.2% compared to the same quarter last year. On average, analysts expect Acadia Realty Trust to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Acadia Realty Trust Stock Performance
AKR traded down $0.33 on Friday, reaching $18.62. The company had a trading volume of 175,609 shares, compared to its average volume of 1,200,279. Acadia Realty Trust has a 1 year low of $16.98 and a 1 year high of $26.29. The stock has a market capitalization of $2.44 billion, a PE ratio of 116.35, a P/E/G ratio of 2.99 and a beta of 1.36. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.59. The stock has a 50-day moving average price of $19.02 and a 200-day moving average price of $20.60.
Acadia Realty Trust Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Monday, June 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.30%. Acadia Realty Trust's dividend payout ratio (DPR) is presently 500.00%.
Wall Street Analysts Forecast Growth
Separately, Truist Financial raised shares of Acadia Realty Trust from a "hold" rating to a "buy" rating and set a $23.00 target price for the company in a report on Thursday, April 10th.
View Our Latest Report on AKR
Institutional Investors Weigh In On Acadia Realty Trust
A number of institutional investors and hedge funds have recently made changes to their positions in AKR. Royal Bank of Canada raised its holdings in shares of Acadia Realty Trust by 83.2% in the first quarter. Royal Bank of Canada now owns 42,246 shares of the real estate investment trust's stock valued at $885,000 after buying an additional 19,184 shares during the last quarter. Jane Street Group LLC purchased a new position in Acadia Realty Trust during the first quarter worth about $1,284,000. Intech Investment Management LLC raised its holdings in Acadia Realty Trust by 51.4% during the first quarter. Intech Investment Management LLC now owns 68,549 shares of the real estate investment trust's stock worth $1,436,000 after purchasing an additional 23,282 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Acadia Realty Trust by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 69,734 shares of the real estate investment trust's stock worth $1,461,000 after purchasing an additional 3,045 shares in the last quarter. Finally, Millennium Management LLC raised its holdings in Acadia Realty Trust by 31.1% during the first quarter. Millennium Management LLC now owns 811,139 shares of the real estate investment trust's stock worth $16,993,000 after purchasing an additional 192,267 shares in the last quarter. 97.65% of the stock is owned by hedge funds and other institutional investors.
About Acadia Realty Trust
(
Get Free Report)
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.
Further Reading
Before you consider Acadia Realty Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Acadia Realty Trust wasn't on the list.
While Acadia Realty Trust currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
