What is KeyCorp's Forecast for AKR Q3 Earnings?

Key Points

• KeyCorp expects Acadia Realty Trust (NYSE: AKR) to earn $0.31 per share in Q3 2026 and maintains an “Overweight” rating with a $25 price target. It forecasts $1.25 EPS for FY2026 and $1.31 for FY2027.
• Acadia’s latest quarterly EPS of $0.05 fell well below the $0.30 consensus estimate, although revenue of $95.42 million exceeded expectations. Management reaffirmed FY2026 guidance of $1.24–$1.26 EPS.
• Analyst sentiment remains positive, with a MarketBeat consensus rating of “Moderate Buy” and an average price target of $24.20. The company also declared a $0.20 quarterly dividend, yielding approximately 3.8% annually.

Acadia Realty Trust (NYSE:AKR - Free Report) - Investment analysts at KeyCorp issued their Q3 2026 earnings per share (EPS) estimates for Acadia Realty Trust in a report released on Monday, August 17th. KeyCorp analyst T. Thomas anticipates that the real estate investment trust will earn $0.31 per share for the quarter. KeyCorp currently has a "Overweight" rating and a $25.00 target price on the stock. The consensus estimate for Acadia Realty Trust's current full-year earnings is $1.25 per share. KeyCorp also issued estimates for Acadia Realty Trust's Q4 2026 earnings at $0.32 EPS, FY2026 earnings at $1.25 EPS, Q1 2027 earnings at $0.32 EPS, Q2 2027 earnings at $0.32 EPS, Q3 2027 earnings at $0.33 EPS, Q4 2027 earnings at $0.34 EPS and FY2027 earnings at $1.31 EPS.

A number of other analysts have also commented on the stock. Citigroup boosted their price objective on shares of Acadia Realty Trust from $24.00 to $26.00 and gave the stock a "buy" rating in a research report on Monday, August 3rd. LADENBURG THALM/SH SH raised shares of Acadia Realty Trust from a "neutral" rating to a "buy" rating and set a $24.00 target price for the company in a research report on Thursday, April 30th. Jefferies Financial Group upgraded shares of Acadia Realty Trust to a "strong-buy" rating in a research note on Friday, June 26th. Weiss Ratings raised shares of Acadia Realty Trust from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Tuesday, July 14th. Finally, Truist Financial raised their price objective on Acadia Realty Trust from $23.00 to $24.00 and gave the company a "buy" rating in a report on Tuesday, June 9th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $24.20.

Acadia Realty Trust Price Performance

Shares of AKR opened at $21.06 on Wednesday. The stock has a market capitalization of $2.89 billion, a P/E ratio of 61.95, a P/E/G ratio of 1.89 and a beta of 1.10. Acadia Realty Trust has a twelve month low of $18.61 and a twelve month high of $23.03. The company has a 50 day moving average of $21.54 and a 200-day moving average of $21.09. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.61.

Acadia Realty Trust (NYSE:AKR - Get Free Report) last announced its earnings results on Tuesday, July 28th. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.30 by ($0.25). The firm had revenue of $95.42 million during the quarter, compared to analyst estimates of $92.36 million. Acadia Realty Trust had a net margin of 12.14% and a return on equity of 1.85%. The firm's quarterly revenue was down 5.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.32 EPS. Acadia Realty Trust has set its FY 2026 guidance at 1.240-1.260 EPS.

Acadia Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend is Wednesday, September 30th. Acadia Realty Trust's dividend payout ratio is 235.29%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Legal & General Group Plc grew its stake in Acadia Realty Trust by 13.6% in the 4th quarter. Legal & General Group Plc now owns 1,884,310 shares of the real estate investment trust's stock valued at $38,704,000 after buying an additional 226,124 shares during the last quarter. AlphaQuest LLC raised its holdings in Acadia Realty Trust by 326.4% in the 4th quarter. AlphaQuest LLC now owns 86,348 shares of the real estate investment trust's stock valued at $1,774,000 after acquiring an additional 66,099 shares during the period. Louisiana State Employees Retirement System acquired a new stake in Acadia Realty Trust during the first quarter worth approximately $1,111,000. First Trust Advisors LP boosted its holdings in shares of Acadia Realty Trust by 247.1% during the first quarter. First Trust Advisors LP now owns 82,027 shares of the real estate investment trust's stock worth $1,568,000 after acquiring an additional 58,395 shares during the period. Finally, Quantinno Capital Management LP boosted its holdings in shares of Acadia Realty Trust by 293.3% during the first quarter. Quantinno Capital Management LP now owns 117,831 shares of the real estate investment trust's stock worth $2,253,000 after acquiring an additional 87,870 shares during the period. Institutional investors own 97.65% of the company's stock.

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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