Acadia Realty Trust (NYSE:AKR) Stock Rating Upgraded by Wall Street Zen

Key Points

• Upgrade: Wall Street Zen raised Acadia Realty Trust (AKR) from "sell" to "hold," while overall analyst coverage stands at three Buys and three Holds with a MarketBeat consensus of "Moderate Buy" and an average target of $23.00.
• Earnings beat: AKR reported Q1 EPS of $0.22 versus a $0.05 consensus and revenue of $102.99M versus $94.21M, and set FY2026 guidance of 1.220–1.260 EPS (analysts forecast ~1.23 EPS).
• Stock profile: The REIT has a $2.87B market cap, a PE of 71.72, a 52-week range of $18.04–$22.36, and about 97.65% of shares are held by institutional investors.

Acadia Realty Trust (NYSE:AKR - Get Free Report) was upgraded by equities researchers at Wall Street Zen from a "sell" rating to a "hold" rating in a report released on Saturday.

Several other research firms have also recently issued reports on AKR. Citigroup lifted their price objective on Acadia Realty Trust from $23.00 to $24.00 and gave the stock a "buy" rating in a report on Wednesday, February 18th. LADENBURG THALM/SH SH upgraded Acadia Realty Trust from a "neutral" rating to a "buy" rating and set a $24.00 target price on the stock in a research report on Thursday. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Acadia Realty Trust in a research note on Monday, April 20th. Zacks Research upgraded Acadia Realty Trust from a "strong sell" rating to a "hold" rating in a research report on Monday, March 23rd. Finally, JPMorgan Chase & Co. increased their price objective on Acadia Realty Trust from $21.00 to $22.00 and gave the company a "neutral" rating in a research note on Friday, March 20th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $23.00.

Acadia Realty Trust Stock Performance

NYSE:AKR opened at $21.52 on Friday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.01 and a current ratio of 1.17. The stock has a market capitalization of $2.87 billion, a PE ratio of 71.72, a P/E/G ratio of 2.16 and a beta of 1.11. Acadia Realty Trust has a fifty-two week low of $18.04 and a fifty-two week high of $22.36. The company has a fifty day moving average of $20.43 and a two-hundred day moving average of $20.28.

Acadia Realty Trust (NYSE:AKR - Get Free Report) last announced its earnings results on Tuesday, April 28th. The real estate investment trust reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.17. Acadia Realty Trust had a net margin of 9.77% and a return on equity of 1.51%. The business had revenue of $102.99 million for the quarter, compared to analyst estimates of $94.21 million. During the same quarter last year, the business earned $0.34 earnings per share. The company's revenue for the quarter was down 1.4% compared to the same quarter last year. Acadia Realty Trust has set its FY 2026 guidance at 1.220-1.260 EPS. As a group, research analysts forecast that Acadia Realty Trust will post 1.23 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Acadia Realty Trust

A number of large investors have recently made changes to their positions in AKR. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in shares of Acadia Realty Trust by 21.9% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 91,798 shares of the real estate investment trust's stock valued at $1,755,000 after purchasing an additional 16,506 shares during the last quarter. Hsbc Holdings PLC boosted its stake in Acadia Realty Trust by 13.5% during the first quarter. Hsbc Holdings PLC now owns 246,607 shares of the real estate investment trust's stock worth $4,715,000 after buying an additional 29,268 shares during the last quarter. Resona Asset Management Co. Ltd. grew its holdings in Acadia Realty Trust by 4.4% in the 1st quarter. Resona Asset Management Co. Ltd. now owns 57,902 shares of the real estate investment trust's stock valued at $1,095,000 after buying an additional 2,463 shares in the last quarter. MQS Management LLC purchased a new stake in Acadia Realty Trust in the 1st quarter valued at $518,000. Finally, Inspire Investing LLC increased its stake in shares of Acadia Realty Trust by 14.8% in the 1st quarter. Inspire Investing LLC now owns 32,089 shares of the real estate investment trust's stock worth $614,000 after acquiring an additional 4,125 shares during the last quarter. 97.65% of the stock is currently owned by hedge funds and other institutional investors.

About Acadia Realty Trust

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.

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