Acadia Realty Trust (NYSE:AKR) Issues FY 2025 Earnings Guidance

Key Points

• Acadia Realty Trust has issued its FY 2025 earnings guidance with an EPS estimate of 1.320-1.390, slightly above the consensus estimate of 1.351.
• The company's stock performance showed an increase of $0.54 to reach $19.14, with a market cap of $2.51 billion.
• Acadia Realty Trust declared a quarterly dividend of $0.20, yielding an annualized dividend of 4.18%, although its payout ratio is notably high at 500%.

Acadia Realty Trust (NYSE:AKR - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 1.320-1.390 for the period, compared to the consensus EPS estimate of 1.351. The company issued revenue guidance of -.

Acadia Realty Trust Stock Performance

Shares of NYSE:AKR traded up $0.54 during trading on Tuesday, reaching $19.14. 1,507,094 shares of the stock were exchanged, compared to its average volume of 1,212,002. Acadia Realty Trust has a 12 month low of $16.98 and a 12 month high of $26.29. The firm has a market cap of $2.51 billion, a PE ratio of 119.64, a PEG ratio of 2.95 and a beta of 1.36. The stock has a 50-day moving average price of $18.96 and a 200-day moving average price of $20.51. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.59.

Acadia Realty Trust (NYSE:AKR - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The real estate investment trust reported $0.32 earnings per share for the quarter, missing 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%. Research analysts expect that Acadia Realty Trust will post 1.34 EPS for the current fiscal year.

Acadia Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were paid a $0.20 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $0.80 annualized dividend and a dividend yield of 4.18%. Acadia Realty Trust's payout ratio is 500.00%.

Analyst Ratings Changes

Separately, Truist Financial raised shares of Acadia Realty Trust from a "hold" rating to a "buy" rating and set a $23.00 target price on the stock in a research note on Thursday, April 10th.

Institutional Trading of Acadia Realty Trust

Several institutional investors have recently modified their holdings of AKR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of 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 valued at $1,461,000 after purchasing an additional 3,045 shares during the period. Royal Bank of Canada raised its holdings in shares of Acadia Realty Trust by 83.2% during 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 purchasing an additional 19,184 shares during the period. Intech Investment Management LLC raised its holdings in shares of 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 valued at $1,436,000 after purchasing an additional 23,282 shares during the period. Jane Street Group LLC acquired a new position in shares of Acadia Realty Trust during the first quarter valued at about $1,284,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Acadia Realty Trust by 11.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 818,397 shares of the real estate investment trust's stock valued at $17,145,000 after purchasing an additional 82,974 shares during the period. Institutional investors own 97.65% of the company's stock.

About Acadia Realty Trust

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.

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