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NYSE:AKR - Acadia Realty Trust Stock Price, Forecast & News

$23.29
-1.13 (-4.63 %)
(As of 02/28/2020 04:32 AM ET)
Today's Range
$23.29
Now: $23.29
$24.55
50-Day Range
$23.29
MA: $25.31
$26.22
52-Week Range
$23.29
Now: $23.29
$29.55
Volume598,400 shs
Average Volume497,864 shs
Market Capitalization$1.91 billion
P/E Ratio37.56
Dividend Yield4.75%
Beta0.72
Acadia Realty Trust is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual - Core 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 urban and street-retail corridors; making profitable opportunistic and value-add investments through its series of discretionary, institutional funds; and maintaining a strong balance sheet.

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
CUSIP00423910
Phone914-288-8100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$295.33 million
Cash Flow$2.02 per share
Book Value$26.63 per share

Profitability

Net Income$52.63 million

Miscellaneous

Employees112
Market Cap$1.91 billion
Next Earnings Date4/22/2020 (Estimated)
OptionableOptionable

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Acadia Realty Trust (NYSE:AKR) Frequently Asked Questions

What is Acadia Realty Trust's stock symbol?

Acadia Realty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "AKR."

How often does Acadia Realty Trust pay dividends? What is the dividend yield for Acadia Realty Trust?

Acadia Realty Trust declared a quarterly dividend on Tuesday, November 5th. Investors of record on Tuesday, December 31st will be given a dividend of $0.29 per share on Wednesday, January 15th. This represents a $1.16 annualized dividend and a yield of 4.98%. The ex-dividend date of this dividend is Monday, December 30th. This is a positive change from Acadia Realty Trust's previous quarterly dividend of $0.28. View Acadia Realty Trust's Dividend History.

How were Acadia Realty Trust's earnings last quarter?

Acadia Realty Trust (NYSE:AKR) announced its earnings results on Wednesday, February, 12th. The real estate investment trust reported $0.24 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.32 by $0.08. The real estate investment trust earned $77.80 million during the quarter, compared to analysts' expectations of $60.46 million. Acadia Realty Trust had a net margin of 17.82% and a return on equity of 2.45%. The company's revenue was up 11.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.36 earnings per share. View Acadia Realty Trust's Earnings History.

When is Acadia Realty Trust's next earnings date?

Acadia Realty Trust is scheduled to release their next quarterly earnings announcement on Wednesday, April 22nd 2020. View Earnings Estimates for Acadia Realty Trust.

What guidance has Acadia Realty Trust issued on next quarter's earnings?

Acadia Realty Trust issued an update on its FY20 earnings guidance on Wednesday, February, 12th. The company provided earnings per share (EPS) guidance of 1.32-1.46 for the period, compared to the Thomson Reuters consensus estimate of $1.39.

What price target have analysts set for AKR?

3 brokerages have issued 1 year price targets for Acadia Realty Trust's stock. Their forecasts range from $26.00 to $30.00. On average, they expect Acadia Realty Trust's stock price to reach $28.67 in the next year. This suggests a possible upside of 23.1% from the stock's current price. View Analyst Price Targets for Acadia Realty Trust.

What is the consensus analysts' recommendation for Acadia Realty Trust?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Acadia Realty Trust in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Acadia Realty Trust.

Has Acadia Realty Trust been receiving favorable news coverage?

News stories about AKR stock have been trending extremely negative on Friday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Acadia Realty Trust earned a coverage optimism score of -4.4 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Acadia Realty Trust.

Who are some of Acadia Realty Trust's key competitors?

What other stocks do shareholders of Acadia Realty Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Acadia Realty Trust investors own include General Electric (GE), 1-800-Flowers.Com (FLWS), SVMK (SVMK), ARBOR RLTY TR I/SH (ABR), AvalonBay Communities (AVB), Boeing (BA), Brixmor Property Group (BRX), Chewy (CHWY), Deutsche Bank (DB) and Huntington Ingalls Industries (HII).

Who are Acadia Realty Trust's key executives?

Acadia Realty Trust's management team includes the folowing people:
  • Mr. Kenneth F. Bernstein, Pres, CEO & Trustee (Age 58)
  • Mr. John Gottfried CPA, CPA, Sr. VP & CFO (Age 47)
  • Mr. Christopher Conlon, Exec. VP & COO (Age 59)
  • Mr. Joseph M. Napolitano, Chief Admin. Officer & Sr. VP (Age 54)
  • Mr. Richard M. Hartmann, Chief Accounting Officer & Sr. VP

Who are Acadia Realty Trust's major shareholders?

Acadia Realty Trust's stock is owned by many different of institutional and retail investors. Top institutional shareholders include FMR LLC (12.07%), State Street Corp (4.91%), Goldman Sachs Group Inc. (3.75%), Geode Capital Management LLC (1.70%), Charles Schwab Investment Management Inc. (1.60%) and Heitman Real Estate Securities LLC (1.58%). Company insiders that own Acadia Realty Trust stock include Christopher Conlon, Jason Blacksberg, John J Gottfried, Joseph Napolitano, Richard Hartmann and Wendy W Luscombe. View Institutional Ownership Trends for Acadia Realty Trust.

Which institutional investors are selling Acadia Realty Trust stock?

AKR stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, William Blair Investment Management LLC, Bank of America Corp DE, Heitman Real Estate Securities LLC, Public Sector Pension Investment Board, Citigroup Inc., 361 Capital LLC and Employees Retirement System of Texas. Company insiders that have sold Acadia Realty Trust company stock in the last year include Christopher Conlon, Jason Blacksberg, John J Gottfried, Joseph Napolitano and Wendy W Luscombe. View Insider Buying and Selling for Acadia Realty Trust.

Which institutional investors are buying Acadia Realty Trust stock?

AKR stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Great West Life Assurance Co. Can, Hill Winds Capital LP, California Public Employees Retirement System, Cramer Rosenthal Mcglynn LLC, Geode Capital Management LLC, UBS Group AG and Charles Schwab Investment Management Inc.. View Insider Buying and Selling for Acadia Realty Trust.

How do I buy shares of Acadia Realty Trust?

Shares of AKR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Acadia Realty Trust's stock price today?

One share of AKR stock can currently be purchased for approximately $23.29.

How big of a company is Acadia Realty Trust?

Acadia Realty Trust has a market capitalization of $1.91 billion and generates $295.33 million in revenue each year. The real estate investment trust earns $52.63 million in net income (profit) each year or $1.41 on an earnings per share basis. Acadia Realty Trust employs 112 workers across the globe.View Additional Information About Acadia Realty Trust.

What is Acadia Realty Trust's official website?

The official website for Acadia Realty Trust is http://www.acadiarealty.com/.

How can I contact Acadia Realty Trust?

Acadia Realty Trust's mailing address is 411 THEODORE FREMD AVENUE SUITE 300, RYE NY, 10580. The real estate investment trust can be reached via phone at 914-288-8100 or via email at [email protected]


MarketBeat Community Rating for Acadia Realty Trust (NYSE AKR)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  262 (Vote Outperform)
Underperform Votes:  388 (Vote Underperform)
Total Votes:  650
MarketBeat's community ratings are surveys of what our community members think about Acadia Realty Trust and other stocks. Vote "Outperform" if you believe AKR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AKR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/28/2020 by MarketBeat.com Staff

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