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

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$28.58 +0.11 (+0.39 %)
(As of 08/21/2018 04:00 PM ET)
Previous Close$28.47
Today's Range$28.34 - $28.61
52-Week Range$21.34 - $30.63
Volume804,900 shs
Average Volume675,690 shs
Market Capitalization$2.30 billion
P/E Ratio18.91
Dividend Yield3.82%
Beta0.41
Acadia Realty Trust logoAcadia 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. For further information, please visit www.acadiarealty.com.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryRetail REITs
SectorFinance
SymbolNYSE:AKR
CUSIP00423910
Phone914-288-8100

Debt

Debt-to-Equity Ratio0.69
Current Ratio1.00
Quick Ratio1.00

Price-To-Earnings

Trailing P/E Ratio18.91
Forward P/E Ratio20.71
P/E Growth2.35

Sales & Book Value

Annual Sales$250.26 million
Price / Sales9.31
Cash Flow$2.0816 per share
Price / Cash13.73
Book Value$26.47 per share
Price / Book1.08

Profitability

EPS (Most Recent Fiscal Year)$1.51
Net Income$60.82 million
Net Margins19.11%
Return on Equity2.25%
Return on Assets1.23%

Miscellaneous

Employees118
Outstanding Shares81,500,000
Market Cap$2.30 billion

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, August 7th. Stockholders of record on Friday, September 28th will be paid a dividend of $0.27 per share on Monday, October 15th. This represents a $1.08 annualized dividend and a dividend yield of 3.78%. The ex-dividend date is Thursday, September 27th. 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 approved a stock buyback program 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 buy shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company's leadership believes its stock is undervalued.

How were Acadia Realty Trust's earnings last quarter?

Acadia Realty Trust (NYSE:AKR) announced its quarterly earnings results on Tuesday, July, 24th. The real estate investment trust reported $0.09 EPS for the quarter, missing the consensus estimate of $0.33 by $0.24. The real estate investment trust earned $63.60 million during the quarter, compared to the consensus estimate of $48 million. Acadia Realty Trust had a net margin of 19.11% and a return on equity of 2.25%. The firm's quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.37 EPS. 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 Thursday, November, 1st 2018. 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 FY18 earnings guidance on Tuesday, July, 24th. The company provided earnings per share (EPS) guidance of $1.33-1.45 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.38.

What price target have analysts set for AKR?

3 equities research analysts have issued twelve-month target prices for Acadia Realty Trust's stock. Their forecasts range from $29.00 to $33.00. On average, they anticipate Acadia Realty Trust's stock price to reach $31.00 in the next year. This suggests a possible upside of 8.5% 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.

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

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 57)
  • Mr. John Gottfried CPA, Sr. VP & CFO (Age 46)
  • Mr. Christopher Conlon, Exec. VP & COO (Age 58)
  • Mr. Joel Braun, Chief Investment Officer & Exec. VP (Age 66)
  • Mr. Jason Blacksberg Esq., Chief Compliance Officer, Sr. VP, Gen. Counsel & Sec. (Age 42)

Has Acadia Realty Trust been receiving favorable news coverage?

News articles about AKR stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Acadia Realty Trust earned a news and rumor sentiment score of 0.17 on Accern's scale. They also assigned news articles about the real estate investment trust an impact score of 46.92 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for Acadia Realty Trust.

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 BlackRock Inc. (16.79%), FMR LLC (14.35%), Third Avenue Management LLC (2.24%), AEW Capital Management L P (2.05%), Dimensional Fund Advisors LP (1.62%) and Bank of New York Mellon Corp (1.57%). Company insiders that own Acadia Realty Trust stock include Chad Kenneth Holliday, Christopher Conlon, Jason Blacksberg, Joseph Napolitano, Kenneth F Bernstein 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 FMR LLC, Citadel Advisors LLC, AEW Capital Management L P, State of Alaska Department of Revenue, BNP Paribas Arbitrage SA, Bank of New York Mellon Corp, Barings LLC and Great West Life Assurance Co. Can. Company insiders that have sold Acadia Realty Trust company stock in the last year include Christopher Conlon, Jason Blacksberg and Joseph Napolitano. View Insider Buying and Selling for Acadia Realty Trust.

Which major investors are buying Acadia Realty Trust stock?

AKR stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Russell Investments Group Ltd., Sei Investments Co., Heitman Real Estate Securities LLC, Employees Retirement System of Texas, WINTON GROUP Ltd, Wells Fargo & Company MN and State of Wisconsin Investment Board. 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 $28.58.

How big of a company is Acadia Realty Trust?

Acadia Realty Trust has a market capitalization of $2.30 billion and generates $250.26 million in revenue each year. The real estate investment trust earns $60.82 million in net income (profit) each year or $1.51 on an earnings per share basis. Acadia Realty Trust employs 118 workers across the globe.

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:  176 (Vote Outperform)
Underperform Votes:  265 (Vote Underperform)
Total Votes:  441
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 8/21/2018 by MarketBeat.com Staff

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