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

Sign in or create an account to add this stock to your watchlist.
$29.48 -0.02 (-0.07 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$29.48
Today's Range$29.23 - $29.82
52-Week Range$22.27 - $29.82
Volume851,895 shs
Average Volume451,378 shs
Market Capitalization$2.40 billion
P/E Ratio21.84
Dividend Yield3.80%
Beta0.75
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.

Receive AKR News and Ratings via Email

Sign-up to receive the latest news and ratings for AKR and its competitors with MarketBeat's FREE daily newsletter.

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$2.0472 per share
Book Value$26.47 per share

Profitability

Net Income$60.82 million

Miscellaneous

Employees118
Market Cap$2.40 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 announced a quarterly dividend on Thursday, November 15th. Stockholders 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 dividend yield of 3.80%. 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 initiated a share buyback program 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 repurchase shares of its stock through open market purchases. Stock repurchase programs are generally a sign 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) issued its quarterly earnings results on Wednesday, February, 13th. The real estate investment trust reported $0.09 EPS for the quarter, missing the consensus estimate of $0.36 by $0.27. The real estate investment trust earned $69.45 million during the quarter, compared to analyst estimates of $53.28 million. Acadia Realty Trust had a net margin of 11.95% and a return on equity of 1.47%. The business's quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.35 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 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 EPS 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 analysts have issued 12-month price targets 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 6.3% 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?

News stories about AKR stock have trended neutral on Saturday, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Acadia Realty Trust earned a news sentiment score of 0.2 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near 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 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%), Northern Trust Corp (2.48%), Dimensional Fund Advisors LP (1.60%), Bank of New York Mellon Corp (1.49%), Geode Capital Management LLC (1.32%) and Legal & General Group Plc (1.18%). 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 Citigroup Inc., Northern Trust Corp, Bank of New York Mellon Corp, Barclays PLC, Legal & General Group Plc, Eaton Vance Management, Amundi Pioneer Asset Management Inc. and Manning & Napier Group LLC. 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 bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, BlackRock Inc., D. E. Shaw & Co. Inc., Geode Capital Management LLC, Rhumbline Advisers, Oregon Public Employees Retirement Fund, Bank of America Corp DE and Municipal Employees Retirement System of Michigan. 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 $29.48.

How big of a company is Acadia Realty Trust?

Acadia Realty Trust has a market capitalization of $2.40 billion and generates $262.21 million in revenue each year. The real estate investment trust earns $60.82 million in net income (profit) each year or $1.35 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:  204 (Vote Outperform)
Underperform Votes:  306 (Vote Underperform)
Total Votes:  510
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 2/16/2019 by MarketBeat.com Staff

Featured Article: Rule of 72

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel