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

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$27.58 -0.24 (-0.86 %)
(As of 12/17/2018 06:00 AM ET)
Previous Close$27.58
Today's Range$27.57 - $27.98
52-Week Range$21.34 - $29.28
Volume465,141 shs
Average Volume415,048 shs
Market Capitalization$2.25 billion
P/E Ratio18.26
Dividend Yield3.92%
Beta0.28
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

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

Debt

Debt-to-Equity Ratio0.70
Current Ratio0.94
Quick Ratio0.94

Price-To-Earnings

Trailing P/E Ratio18.26
Forward P/E Ratio19.99
P/E Growth2.38

Sales & Book Value

Annual Sales$250.26 million
Price / Sales8.99
Cash Flow$2.0597 per share
Price / Cash Flow13.39
Book Value$26.47 per share
Price / Book1.04

Profitability

EPS (Most Recent Fiscal Year)$1.51
Net Income$60.82 million
Net Margins17.43%
Return on Equity2.09%
Return on Assets1.15%

Miscellaneous

Employees118
Outstanding Shares81,550,000
Market Cap$2.25 billion
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 Thursday, November 15th. Shareholders of record on Monday, December 31st will be given a dividend of $0.28 per share on Tuesday, January 15th. This represents a $1.12 dividend on an annualized basis and a yield of 4.06%. The ex-dividend date of this dividend is Friday, December 28th. This is a positive change from Acadia Realty Trust's previous quarterly dividend of $0.27. View Acadia Realty Trust's Dividend History.

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

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

How were Acadia Realty Trust's earnings last quarter?

Acadia Realty Trust (NYSE:AKR) announced its quarterly earnings data on Wednesday, October, 24th. The real estate investment trust reported $0.11 EPS for the quarter, topping analysts' consensus estimates of $0.10 by $0.01. The real estate investment trust earned $51.60 million during the quarter, compared to the consensus estimate of $51.66 million. Acadia Realty Trust had a return on equity of 2.09% and a net margin of 17.43%. Acadia Realty Trust's revenue was down .2% on a year-over-year basis. During the same period last year, the firm 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 Wednesday, February 20th 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 FY18 earnings guidance on Wednesday, October, 24th. The company provided earnings per share guidance of $1.36-$1.40 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.39.

What price target have analysts set for AKR?

3 brokerages have issued 1 year target prices for Acadia Realty Trust's stock. Their predictions range from $29.00 to $33.00. On average, they anticipate Acadia Realty Trust's stock price to reach $31.3333 in the next year. This suggests a possible upside of 13.6% 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 headlines about AKR stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive 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 negative five to positive five, with scores closest to five being the most favorable. Acadia Realty Trust earned a daily sentiment score of 1.0 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

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)

Who are Acadia Realty Trust's major shareholders?

Acadia Realty Trust's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (17.29%), Vanguard Group Inc (15.09%), Vanguard Group Inc. (15.09%), FMR LLC (13.89%), Deutsche Bank AG (3.31%) and Third Avenue Management LLC (2.25%). 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 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, Barings LLC, Vanguard Group Inc., Vanguard Group Inc, William Blair Investment Management LLC, Citadel Advisors LLC, Westpac Banking Corp and Credit Suisse AG. 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 major investors are buying Acadia Realty Trust stock?

AKR stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Wells Fargo & Company MN, Deutsche Bank AG, WINTON GROUP Ltd, Phocas Financial Corp., Renaissance Technologies LLC, Eaton Vance Management and Canada Pension Plan 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 $27.58.

How big of a company is Acadia Realty Trust?

Acadia Realty Trust has a market capitalization of $2.25 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.

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:  198 (Vote Outperform)
Underperform Votes:  294 (Vote Underperform)
Total Votes:  492
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 12/17/2018 by MarketBeat.com Staff

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