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

$25.54
+0.33 (+1.31 %)
(As of 02/16/2020 04:00 PM ET)
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Today's Range
$25.17
Now: $25.54
$25.61
50-Day Range
$24.77
MA: $25.44
$26.22
52-Week Range
$24.58
Now: $25.54
$29.82
Volume578,976 shs
Average VolumeN/A
Market CapitalizationN/A
P/E Ratio41.19
Dividend Yield4.54%
BetaN/A
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 N/A
Sub-IndustryRetail REITs
SectorN/A
CUSIP00423910
WebN/A
PhoneN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees112
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 announced a quarterly dividend on Tuesday, November 5th. Shareholders 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 dividend on an annualized basis and a dividend yield of 4.54%. 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 will Acadia Realty Trust's stock buyback program work?

Acadia Realty Trust declared that its board has authorized a stock repurchase plan on Thursday, February 22nd 2018, which authorizes the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's management believes its shares are undervalued.

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 analyst estimates of $60.46 million. Acadia Realty Trust's quarterly revenue was up 11.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $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 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 brokers have issued twelve-month price targets for Acadia Realty Trust's shares. Their forecasts range from $26.00 to $30.00. On average, they anticipate Acadia Realty Trust's stock price to reach $28.67 in the next year. This suggests a possible upside of 12.2% 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?

Media headlines about AKR stock have been trending somewhat positive on Sunday, InfoTrie reports. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Acadia Realty Trust earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate 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 a variety of of institutional and retail investors. Top institutional investors include FMR LLC (12.07%), State Street Corp (4.91%), Goldman Sachs Group Inc. (3.75%), Charles Schwab Investment Management Inc. (1.60%), Heitman Real Estate Securities LLC (1.58%) and Bank of New York Mellon Corp (1.51%). 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 major 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 and Wendy W Luscombe. View Insider Buying and Selling for Acadia Realty Trust.

Which major 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, UBS Group AG, Charles Schwab Investment Management Inc. and Bank of New York Mellon Corp. 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 $25.54.


MarketBeat Community Rating for Acadia Realty Trust (NYSE AKR)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  261 (Vote Outperform)
Underperform Votes:  384 (Vote Underperform)
Total Votes:  645
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 2/16/2020 by MarketBeat.com Staff

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