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

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$27.01 +0.10 (+0.37 %)
(As of 03/20/2019 04:00 PM ET)
Previous Close$26.91
Today's Range$26.77 - $27.29
52-Week Range$22.27 - $29.82
Volume344,127 shs
Average Volume460,333 shs
Market Capitalization$2.21 billion
P/E Ratio20.01
Dividend Yield4.13%
Beta0.73
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.

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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$262.21 million
Cash Flow$1.8901 per share
Book Value$25.53 per share

Profitability

Net Income$31.17 million

Miscellaneous

Employees112
Market Cap$2.21 billion
Next Earnings Date5/7/2019 (Estimated)
OptionableOptionable

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 Friday, March 1st. Investors of record on Friday, March 29th will be paid a dividend of $0.28 per share on Monday, April 15th. This represents a $1.12 annualized dividend and a yield of 4.15%. The ex-dividend date is Thursday, March 28th. View Acadia Realty Trust's Dividend History.

How will Acadia Realty Trust's stock buyback program work?

Acadia Realty Trust announced that its board has approved a share buyback plan on Thursday, February 22nd 2018, which allows the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.

How were Acadia Realty Trust's earnings last quarter?

Acadia Realty Trust (NYSE:AKR) announced its quarterly earnings data on Wednesday, February, 13th. The real estate investment trust reported $0.09 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.36 by $0.27. The real estate investment trust earned $69.45 million during the quarter, compared to the consensus estimate of $53.28 million. Acadia Realty Trust had a return on equity of 1.48% and a net margin of 11.95%. The firm's revenue for the quarter was up 5.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.35 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 Tuesday, May 7th 2019. View Earnings Estimates for Acadia Realty Trust.

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

Acadia Realty Trust updated its FY19 earnings guidance on Wednesday, February, 13th. The company provided earnings per share (EPS) guidance of $1.34-1.46 for the period, compared to the Thomson Reuters consensus estimate of $1.39. Acadia Realty Trust also updated its FY 2019 guidance to $1.34-1.46 EPS.

What price target have analysts set for AKR?

3 brokers have issued 1-year target prices for Acadia Realty Trust's shares. Their predictions range from $29.00 to $33.00. On average, they expect Acadia Realty Trust's stock price to reach $31.3333 in the next year. This suggests a possible upside of 16.0% 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 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Acadia Realty Trust.

Has Acadia Realty Trust been receiving favorable news coverage?

Media coverage about AKR stock has trended somewhat positive on Wednesday, according to InfoTrie. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Acadia Realty Trust earned a daily sentiment score of 0.7 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an impact on the company's share price in the immediate future.

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), Cisco Systems (CSCO), 1-800-Flowers.Com (FLWS), QUALCOMM (QCOM), AbbVie (ABBV), Boeing (BA), BlackBerry (BB), CONSOL Coal Resources (CCR), Chesapeake Lodging Trust (CHSP) and CVR Refining (CVRR).

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, Sr. VP & CFO (Age 47)
  • Mr. Christopher Conlon, Exec. VP & COO (Age 59)
  • Mr. Jason Blacksberg Esq., Chief Compliance Officer, Sr. VP, Gen. Counsel & Sec. (Age 43)
  • 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 shareholders include BlackRock Inc. (17.60%), FMR LLC (12.11%), Northern Trust Corp (2.48%), Dimensional Fund Advisors LP (1.60%), Dimensional Fund Advisors LP (1.60%) and Bank of New York Mellon Corp (1.49%). Company insiders that own Acadia Realty Trust stock include Chad Kenneth Holliday, Christopher Conlon, Jason Blacksberg, Joseph Napolitano, Kenneth F Bernstein, 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 FMR LLC, Citigroup Inc., Northern Trust Corp, Bank of New York Mellon Corp, Barclays PLC, Legal & General Group Plc, Eaton Vance Management and Amundi Pioneer Asset Management Inc.. Company insiders that have sold Acadia Realty Trust company stock in the last year include Christopher Conlon, Jason Blacksberg, Joseph Napolitano, Richard Hartmann 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 Norges Bank, Oregon Public Employees Retirement Fund, BlackRock Inc., D. E. Shaw & Co. Inc., Geode Capital Management LLC, Geode Capital Management LLC, Rhumbline Advisers and Oregon Public Employees Retirement Fund. Company insiders that have bought Acadia Realty Trust stock in the last two years include Chad Kenneth Holliday and Kenneth F Bernstein. 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, Scottrade, Fidelity and Charles Schwab.

What is Acadia Realty Trust's stock price today?

One share of AKR stock can currently be purchased for approximately $27.01.

How big of a company is Acadia Realty Trust?

Acadia Realty Trust has a market capitalization of $2.21 billion and generates $262.21 million in revenue each year. The real estate investment trust earns $31.17 million in net income (profit) each year or $1.35 on an earnings per share basis. Acadia Realty Trust employs 112 workers across the globe.

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:  206 (Vote Outperform)
Underperform Votes:  313 (Vote Underperform)
Total Votes:  519
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 3/20/2019 by MarketBeat.com Staff

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