Acadia Realty Trust (NYSE:AKR) Announces Quarterly Earnings Results

Key Points

• Acadia reported Q earnings of $0.22 EPS, beating the consensus by $0.17, with revenue of $102.99M (vs. $94.21M est.) and updated FY 2026 guidance to 1.220–1.260 EPS.
• The company paid a quarterly dividend of $0.20 ($0.80 annualized, 3.8% yield), but the reported dividend payout ratio is an outsized 888.89%, indicating payouts far exceed current earnings.
• Acadia has a market cap of $2.79B and a high P/E of 236.16; analysts average a "Hold" rating with a consensus target price of $22.25, though some firms recently raised price targets.

Acadia Realty Trust (NYSE:AKR - Get Free Report) announced its earnings results on Tuesday. The real estate investment trust reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.17, FiscalAI reports. Acadia Realty Trust had a net margin of 3.22% and a return on equity of 0.49%. The firm had revenue of $102.99 million for the quarter, compared to the consensus estimate of $94.21 million. During the same period in the prior year, the firm earned $0.34 EPS. The firm's revenue for the quarter was down 1.4% on a year-over-year basis. Acadia Realty Trust updated its FY 2026 guidance to 1.220-1.260 EPS.

Acadia Realty Trust Stock Up 0.1%

Acadia Realty Trust stock opened at $21.25 on Wednesday. The stock has a market cap of $2.79 billion, a PE ratio of 236.16, a P/E/G ratio of 2.13 and a beta of 1.11. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.01 and a quick ratio of 1.01. The stock's fifty day moving average is $20.38 and its two-hundred day moving average is $20.26. Acadia Realty Trust has a 1-year low of $18.04 and a 1-year high of $22.36.

Acadia Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend was Tuesday, March 31st. Acadia Realty Trust's dividend payout ratio is 888.89%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on AKR shares. Citigroup increased their price objective on Acadia Realty Trust from $23.00 to $24.00 and gave the company a "buy" rating in a research note on Wednesday, February 18th. Weiss Ratings reissued a "hold (c)" rating on shares of Acadia Realty Trust in a research note on Monday, April 20th. Wall Street Zen lowered Acadia Realty Trust from a "hold" rating to a "sell" rating in a research report on Saturday, February 21st. Zacks Research upgraded Acadia Realty Trust from a "strong sell" rating to a "hold" rating in a research note on Monday, March 23rd. Finally, JPMorgan Chase & Co. boosted their price objective on Acadia Realty Trust from $21.00 to $22.00 and gave the stock a "neutral" rating in a research report on Friday, March 20th. Two investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $22.25.

Institutional Investors Weigh In On Acadia Realty Trust

Several hedge funds and other institutional investors have recently made changes to their positions in AKR. Wellington Management Group LLP acquired a new position in Acadia Realty Trust in the fourth quarter valued at approximately $42,330,000. Alyeska Investment Group L.P. lifted its position in shares of Acadia Realty Trust by 55.8% during the 3rd quarter. Alyeska Investment Group L.P. now owns 2,909,671 shares of the real estate investment trust's stock worth $58,630,000 after buying an additional 1,042,228 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of Acadia Realty Trust in the 4th quarter valued at $15,782,000. BROOKFIELD Corp ON purchased a new position in shares of Acadia Realty Trust in the 4th quarter valued at $14,103,000. Finally, State Street Corp grew its position in shares of Acadia Realty Trust by 9.3% in the 2nd quarter. State Street Corp now owns 7,450,026 shares of the real estate investment trust's stock valued at $139,802,000 after buying an additional 632,722 shares during the last quarter. Institutional investors and hedge funds own 97.65% of the company's stock.

Acadia Realty Trust Company Profile

Acadia Realty Trust NYSE: AKR is a Maryland real estate investment trust (REIT) that focuses on the acquisition, development, ownership and operation of grocery-anchored and necessity-based shopping centers. The company targets retail properties that serve densely populated urban and suburban markets and typically feature essential tenants such as supermarkets, drugstores, fitness centers and other service-oriented retailers. As a self-managed REIT, Acadia oversees leasing, property management, financing and construction activities through its in-house platform.

Acadia's portfolio is diversified across property types and lease structures, with an emphasis on sites that benefit from long-term consumer traffic and resilient tenancy.