Acadia Realty Trust Company Profile (NYSE:AKR)

About Acadia Realty Trust (NYSE:AKR)

Acadia Realty Trust logoAcadia Realty Trust is a real estate investment trust. The Company is focused on the ownership, acquisition, development and management of retail properties located in the United States. It operates through three segments: Core Portfolio, Funds and Structured Financing. Core Portfolio and Fund properties primarily consist of street and urban retail, and dense suburban shopping centers. Funds holds primarily retail real estate in which it co-invests with institutional investors. Structured Financing consists of earnings and expenses related to notes and mortgages receivable, which are held within the Core Portfolio or the Funds. As of December 31, 2016, it had ownership interests in 182 properties within its core portfolio. In the Core Portfolio segment, the Company owned an interest in a 311,000 square foot shopping center, a 28,000 square foot retail and an interest in an 87,000 square foot retail property, among others, as of December 31, 2016.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Retail REITs
  • Sub-Industry: Retail REITs
  • Symbol: NYSE:AKR
  • CUSIP: 00423910
  • Web:
  • Market Cap: $2.42498 billion
  • Outstanding Shares: 84,730,000
Average Prices:
  • 50 Day Moving Avg: $27.96
  • 200 Day Moving Avg: $29.83
  • 52 Week Range: $26.70 - $38.01
  • Trailing P/E Ratio: 39.55
  • Foreward P/E Ratio: 18.35
  • P/E Growth: 23.85
Sales & Book Value:
  • Annual Revenue: $235.66 million
  • Price / Sales: 10.42
  • Book Value: $18.88 per share
  • Price / Book: 1.54
  • Annual Dividend: $1.04
  • Dividend Yield: 3.6%
  • EBIDTA: $131.4 million
  • Net Margins: 27.19%
  • Return on Equity: 2.92%
  • Return on Assets: 1.60%
  • Debt-to-Equity Ratio: 0.52%
  • Current Ratio: 0.70%
  • Quick Ratio: 0.70%
  • Average Volume: 530,649 shs.
  • Beta: 0.58
  • Short Ratio: 7.41
Frequently Asked Questions for Acadia Realty Trust (NYSE:AKR)

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, May 11th. Stockholders of record on Friday, June 30th will be given a dividend of $0.26 per share on Friday, July 14th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 3.59%. The ex-dividend date of this dividend is Wednesday, June 28th. View Acadia Realty Trust's Dividend History.

How were Acadia Realty Trust's earnings last quarter?

Acadia Realty Trust (NYSE:AKR) posted its earnings results on Tuesday, July, 25th. The company reported $0.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.08 by $0.29. The firm had revenue of $59.50 million for the quarter, compared to analysts' expectations of $53.72 million. Acadia Realty Trust had a net margin of 27.19% and a return on equity of 2.92%. The firm's quarterly revenue was up 35.2% on a year-over-year basis. During the same period last year, the company posted $0.37 earnings per share. View Acadia Realty Trust's Earnings History.

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

Acadia Realty Trust issued an update on its FY17 earnings guidance on Tuesday, July, 25th. The company provided earnings per share (EPS) guidance of $1.44-1.54 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.48.

Where is Acadia Realty Trust's stock going? Where will Acadia Realty Trust's stock price be in 2017?

4 analysts have issued 12 month price targets for Acadia Realty Trust's stock. Their forecasts range from $30.00 to $36.00. On average, they expect Acadia Realty Trust's stock price to reach $33.00 in the next year. 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:

  • Kenneth F. Bernstein, President, Chief Executive Officer, Trustee
  • John J. Gottfried, Chief Financial Officer, Senior Vice President
  • Christopher M. Conlon, Chief Operating Officer, Executive Vice President
  • Joel L. Braun, Executive Vice President, Chief Investment Officer
  • Joseph M. Napolitano, Senior Vice President, Chief Administrative Officer
  • Jason Blacksberg, Senior Vice President, Chief Compliance Officer, General Counsel, Secretary
  • Amy Racanello, Senior Vice President, Capital Markets & Investments
  • Lee S. Wielansky, Lead Independent Trustee
  • Douglas Crocker II, Independent Trustee
  • Lorrence T. Kellar, Independent Trustee

Who owns Acadia Realty Trust stock?

Acadia Realty Trust's stock is owned by a number of of institutional and retail investors. Top institutional investors include APG Asset Management US Inc. (2.00%), Fisher Asset Management LLC (1.18%), MEAG MUNICH ERGO AssetManagement GmbH (0.48%), Meag Munich Ergo Kapitalanlagegesellschaft MBH (0.32%), Ranger Global Real Estate Advisors LLC (0.31%) and Strs Ohio (0.30%). Company insiders that own Acadia Realty Trust stock include Christopher Conlon, Douglas Crocker II, Joel L Braun, Joseph Napolitano, Kenneth F Bernstein, Lee S Wielansky, Robert Masters, Wendy W Luscombe and William T Spitz. View Institutional Ownership Trends for Acadia Realty Trust.

Who sold Acadia Realty Trust stock? Who is selling Acadia Realty Trust stock?

Acadia Realty Trust's stock was sold by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Strs Ohio, State of Alaska Department of Revenue, Adams Diversified Equity Fund Inc., Aperio Group LLC, Capstone Asset Management Co., Bank of Montreal Can and US Bancorp DE. Company insiders that have sold Acadia Realty Trust stock in the last year include Christopher Conlon, Joel L Braun, Joseph Napolitano, Lee S Wielansky, Wendy W Luscombe and William T Spitz. View Insider Buying and Selling for Acadia Realty Trust.

Who bought Acadia Realty Trust stock? Who is buying Acadia Realty Trust stock?

Acadia Realty Trust's stock was acquired by a variety of institutional investors in the last quarter, including Ranger Global Real Estate Advisors LLC, Manning & Napier Advisors LLC, Lincluden Management Ltd., Meag Munich Ergo Kapitalanlagegesellschaft MBH, MEAG MUNICH ERGO AssetManagement GmbH, Russell Investments Group Ltd. and Nisa Investment Advisors LLC. View Insider Buying and Selling for Acadia Realty Trust.

How do I buy Acadia Realty Trust stock?

Shares of Acadia Realty Trust can be purchased through any online brokerage account. Popular online brokerages 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 Acadia Realty Trust stock can currently be purchased for approximately $28.99.

MarketBeat Community Rating for Acadia Realty Trust (NYSE AKR)
Community Ranking:  1.9 out of 5 ()
Outperform Votes:  82 (Vote Outperform)
Underperform Votes:  136 (Vote Underperform)
Total Votes:  218
MarketBeat's community ratings are surveys of what our community members think about Acadia Realty Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Acadia Realty Trust (NYSE:AKR) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $33.00 (13.83% upside)

Analysts' Ratings History for Acadia Realty Trust (NYSE:AKR)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/28/2017KeyCorpLower Price TargetOverweight$37.00 -> $33.00MediumView Rating Details
6/21/2017BMO Capital MarketsReiterated RatingBuy$36.00LowView Rating Details
6/6/2017Citigroup Inc.Reiterated RatingNeutral$35.00 -> $30.00LowView Rating Details
8/25/2016BTIG ResearchInitiated CoverageNeutralN/AView Rating Details
6/28/2016Boenning ScattergoodReiterated RatingOutperform$38.00N/AView Rating Details
2/22/2016Sanford C. BernsteinReiterated RatingSellN/AView Rating Details
11/9/2015Royal Bank Of CanadaBoost Price TargetOutperform$39.00 -> $40.00N/AView Rating Details
(Data available from 7/26/2015 forward)


Earnings History for Acadia Realty Trust (NYSE:AKR)
Earnings by Quarter for Acadia Realty Trust (NYSE:AKR)
Earnings History by Quarter for Acadia Realty Trust (NYSE AKR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/25/2017Q2 2017$0.08$0.37$53.72 million$59.50 millionViewN/AView Earnings Details
4/24/2017Q1 2017$0.36$0.40$45.41 million$62.00 millionViewN/AView Earnings Details
2/14/2017Q416$0.22$0.24$46.46 million$54.12 millionViewListenView Earnings Details
10/25/2016Q316$0.35$0.36$41.70 million$51.10 millionViewListenView Earnings Details
7/26/2016Q216$0.38$0.37$40.51 million$51.30 millionViewListenView Earnings Details
4/26/2016Q116$0.41$0.41$40.70 million$52.70 millionViewListenView Earnings Details
2/9/2016Q415$0.36$0.35$39.60 million$54.80 millionViewListenView Earnings Details
11/3/2015Q315$0.35$0.39$39.38 million$56.85 millionViewListenView Earnings Details
7/28/2015Q215$0.44$0.48$38.06 million$53.20 millionViewListenView Earnings Details
4/29/2015Q314$0.32$0.32$33.00 million$52.48 millionViewListenView Earnings Details
2/17/2015Q4$0.35$0.30$32.00 million$51.16 millionViewListenView Earnings Details
4/30/2014Q413$0.32$0.32$28.82 million$46.69 millionViewListenView Earnings Details
10/22/2013Q313$0.31$0.32$29.40 millionViewN/AView Earnings Details
7/30/2013Q213$0.30$0.31$27.52 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Acadia Realty Trust (NYSE:AKR)
2017 EPS Consensus Estimate: $1.45
2018 EPS Consensus Estimate: $1.50
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.36$0.37$0.37
Q2 20172$0.35$0.36$0.36
Q3 20172$0.36$0.38$0.37
Q4 20172$0.34$0.38$0.36
Q1 20181$0.44$0.44$0.44
Q2 20181$0.35$0.35$0.35
Q3 20181$0.38$0.38$0.38
Q4 20181$0.33$0.33$0.33
(Data provided by Zacks Investment Research)


Current Dividend Information for Acadia Realty Trust (NYSE:AKR)
Most Recent Dividend:7/14/2017
Annual Dividend:$1.04
Dividend Yield:3.59%
Dividend Growth:7.30% (3 Year Average)
Payout Ratio:140.54% (Trailing 12 Months of Earnings)
70.27% (Based on This Year's Estimates)
65.82% (Based on Next Year's Estimates)
Track Record:4 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Acadia Realty Trust (NYSE:AKR)

Dividend History by Quarter for Acadia Realty Trust (NYSE AKR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Acadia Realty Trust (NYSE:AKR)
Insider Ownership Percentage: 1.74%
Insider Trades by Quarter for Acadia Realty Trust (NYSE:AKR)
Institutional Ownership by Quarter for Acadia Realty Trust (NYSE:AKR)
Insider Trades by Quarter for Acadia Realty Trust (NYSE:AKR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/8/2017Kenneth F. BernsteinInsiderBuy700$28.22$19,754.00View SEC Filing  
5/4/2017Kenneth F. BernsteinInsiderBuy702$28.50$20,007.00View SEC Filing  
3/16/2017Christopher ConlonInsiderSell7,500$31.04$232,800.00View SEC Filing  
3/15/2017Christopher ConlonInsiderSell7,500$31.19$233,925.00View SEC Filing  
3/3/2017Wendy W. LuscombeDirectorSell1,500$31.69$47,535.00View SEC Filing  
2/22/2017Joseph NapolitanoInsiderSell7,500$32.17$241,275.00View SEC Filing  
8/2/2016Lee S. WielanskyDirectorSell12,000$37.03$444,360.00View SEC Filing  
8/1/2016Joel L BraunInsiderSell22,000$37.60$827,200.00View SEC Filing  
7/28/2016William T. SpitzDirectorSell10,000$37.25$372,500.00View SEC Filing  
5/6/2016Robert MastersSVPSell6,000$35.20$211,200.00View SEC Filing  
5/6/2016Wendy W LuscombeDirectorSell315$35.46$11,169.90View SEC Filing  
2/24/2016Douglas Crocker IIDirectorSell3,000$33.12$99,360.00View SEC Filing  
2/22/2016Kenneth F BernsteinCEOSell36,000$33.47$1,204,920.00View SEC Filing  
2/16/2016Christopher ConlonEVPSell27,000$32.99$890,730.00View SEC Filing  
2/16/2016Joseph NapolitanoVPSell5,941$33.01$196,112.41View SEC Filing  
2/12/2016Joel L. BraunEVPSell21,600$32.54$702,864.00View SEC Filing  
8/20/2015Christopher ConlonEVPSell4,670$32.33$150,981.10View SEC Filing  
5/22/2015Christopher ConlonEVPSell5,000$31.30$156,500.00View SEC Filing  
3/11/2015Joel L BraunEVPSell31,178$33.23$1,036,044.94View SEC Filing  
3/2/2015Christopher ConlonEVPSell5,500$34.22$188,210.00View SEC Filing  
2/27/2015Lee S WielanskyDirectorSell5,000$34.20$171,000.00View SEC Filing  
2/26/2015Richard HartmannSVPSell1,000$34.32$34,320.00View SEC Filing  
2/25/2015Richard HartmannSVPSell2,000$34.93$69,860.00View SEC Filing  
2/24/2015Jonathan William GrishamSVPSell1,491$35.03$52,229.73View SEC Filing  
2/20/2015Joseph NapolitanoVPSell3,914$35.15$137,577.10View SEC Filing  
2/19/2015Lorrence T KellarDirectorSell10,000$35.24$352,400.00View SEC Filing  
12/2/2014Joel L BraunEVPSell3,720$31.69$117,886.80View SEC Filing  
9/5/2014Lee S WielanskyDirectorSell10,000$28.77$287,700.00View SEC Filing  
8/14/2014Christopher ConlonEVPSell13,000$28.74$373,620.00View SEC Filing  
8/13/2014Kenneth F BernsteinCEOSell100,000$28.40$2,840,000.00View SEC Filing  
8/12/2014Kenneth F BernsteinCEOSell51,300$28.41$1,457,433.00View SEC Filing  
6/11/2014Joseph NapolitanoVPSell3,655$27.31$99,818.05View SEC Filing  
6/9/2014Jonathan William GrishamSVPSell2,384$27.96$66,656.64View SEC Filing  
5/8/2014Kenneth BernsteinCEOSell100,000$27.34$2,734,000.00View SEC Filing  
3/3/2014Christopher ConlonEVPSell12,000$26.38$316,560.00View SEC Filing  
2/19/2014Joseph NapolitanoVPSell12,000$26.32$315,840.00View SEC Filing  
5/24/2013Lorrence T KellarDirectorSell10,000$27.21$272,100.00View SEC Filing  
5/10/2013Douglas Crocker IIDirectorSell7,000$28.72$201,040.00View SEC Filing  
5/3/2013Christopher ConlonEVPSell12,000$28.47$341,640.00View SEC Filing  
3/6/2013Robert MastersVPSell10,000$27.79$277,900.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Acadia Realty Trust (NYSE:AKR)
Latest Headlines for Acadia Realty Trust (NYSE:AKR)
DateHeadline logoAcadia Realty Trust (NYSE:AKR) Issues FY17 Earnings Guidance - July 25 at 10:12 PM logoAcadia Realty Trust (NYSE:AKR) Posts Quarterly Earnings Results - July 25 at 9:04 PM logoAcadia Realty Trust (AKR) Tops Q2 EPS by 2c, Confirming FY 2017 Guidance - July 25 at 8:36 PM logoAcadia Realty Trust Reports Second Quarter 2017 Operating Results - July 25 at 8:36 PM logoAcadia Realty Trust reports 2Q results - July 25 at 8:36 PM logo Analysts Expect Acadia Realty Trust (AKR) to Announce $0.36 EPS - July 25 at 9:03 AM logoAcadia Realty Trust (AKR) Lifted to Buy at BidaskClub - July 23 at 8:08 PM logoAcadia Realty Trust (NYSE:AKR) Scheduled to Post Quarterly Earnings on Tuesday - July 18 at 7:54 AM logoAcadia Realty Trust breached its 50 day moving average in a Bullish Manner : AKR-US : July 14, 2017 - July 14 at 5:32 PM logoAcadia Realty Trust (AKR) Downgraded by Zacks Investment Research - July 12 at 7:46 PM logoAcadia Realty Trust breached its 50 day moving average in a Bearish Manner : AKR-US : July 3, 2017 - July 3 at 3:37 PM logoAcadia Realty Trust (AKR) Receives Consensus Rating of "Hold" from Brokerages - July 3 at 11:02 AM logo$45.00 Million in Sales Expected for Acadia Realty Trust (AKR) This Quarter - June 30 at 11:22 AM logoAcadia Realty Trust Named Top Dividend Stock With Insider Buying and 3.72% Yield (AKR) - June 29 at 4:39 PM logo Brokerages Anticipate Acadia Realty Trust (AKR) to Announce $0.37 EPS - June 29 at 12:38 AM logoAcadia Realty Trust (AKR) Stock Rating Upgraded by BidaskClub - June 28 at 8:39 PM logoAcadia Realty Trust (AKR) Earns "Overweight" Rating from KeyCorp - June 28 at 9:36 AM logoAcadia Realty Trust to Announce Second Quarter 2017 Earnings on July 25, 2017 - June 23 at 9:05 PM logoAcadia Realty Trust (AKR) Downgraded to "Sell" at BidaskClub - June 21 at 9:26 PM logoAcadia Realty Trust (AKR) Receives Buy Rating from BMO Capital Markets - June 21 at 9:26 PM logoUsing Real Estate Investment Trusts To Capitalize On The 'Death Of Retail' - June 16 at 9:06 PM logoAcadia Realty Trust breached its 50 day moving average in a Bearish Manner : AKR-US : June 15, 2017 - June 15 at 5:03 PM logoAcadia Realty Trust (AKR) Rating Increased to Sell at BidaskClub - June 15 at 12:08 AM logoClicks are turning to bricks: Meet Amazon's new landlords - June 9 at 3:38 PM logoAcadia Realty Trust's (AKR) Neutral Rating Reaffirmed at Citigroup Inc - June 6 at 2:58 PM logoRelative Strength Alert For Acadia Realty Trust - June 6 at 10:31 AM logoAcadia Realty Trust (AKR) Receives Average Recommendation of "Hold" from Analysts - June 6 at 8:43 AM logoAcadia Realty Trust to Present at NAREIT’s REITWeek 2017 Investor Forum - June 5 at 6:35 PM logo$0.37 Earnings Per Share Expected for Acadia Realty Trust (AKR) This Quarter - June 2 at 10:30 PM logoProperty Management Stocks on Investors' Radar -- CBRE Group, Washington Prime, Forest City Realty Trust, and Acadia Realty Trust - May 22 at 7:07 AM logoAcadia Realty Trust (AKR) Declares $0.26 Quarterly Dividend; 3.7% Yield - May 12 at 3:58 PM logoAcadia Realty Trust (AKR) Receives Consensus Recommendation of "Hold" from Brokerages - May 12 at 8:48 AM logoAcadia Realty Trust (AKR) to Issue $0.26 Quarterly Dividend - May 11 at 8:56 PM logo$0.36 EPS Expected for Acadia Realty Trust (AKR) This Quarter - May 9 at 10:05 AM logoKenneth F. Bernstein Purchases 700 Shares of Acadia Realty Trust (AKR) Stock - May 8 at 8:23 PM logoInsider Buying: Acadia Realty Trust (AKR) Insider Purchases 702 Shares of Stock - May 5 at 9:41 AM logoAcadia Realty Trust Enters Oversold Territory - May 4 at 8:31 PM logoSomewhat Positive Media Coverage Unlikely to Impact Acadia Realty Trust (AKR) Stock Price - May 4 at 3:54 PM logoAcadia Realty Trust (AKR) Receives Coverage Optimism Rating of 0.31 - May 1 at 11:45 AM logoResearch Analysts Offer Predictions for Acadia Realty Trust's Q2 2017 Earnings (AKR) - May 1 at 8:38 AM logoAcadia Realty Trust (AKR) Earns Media Sentiment Rating of 0.16 - April 28 at 11:02 AM logoAcadia Realty Trust (AKR) Raised to Hold at Zacks Investment Research - April 27 at 8:00 PM logoAcadia Realty Trust (AKR) Downgraded by TheStreet to "C" - April 27 at 4:16 PM logoQ3 2017 EPS Estimates for Acadia Realty Trust (AKR) Boosted by Boenning Scattergood - April 27 at 11:38 AM logoEdited Transcript of AKR earnings conference call or presentation 25-Apr-17 4:00pm GMT - April 26 at 7:10 AM logoAcadia Realty Trust breached its 50 day moving average in a Bearish Manner : AKR-US : April 25, 2017 - April 25 at 3:24 PM logoSomewhat Positive Media Coverage Likely to Affect Acadia Realty Trust (AKR) Stock Price - April 25 at 2:30 PM logoAcadia Realty Trust (AKR) - April 25 at 8:43 AM logoEARNINGS SUMMARY: Details of Acadia Realty Trust Q1 Earnings Report - April 25 at 8:43 AM logoAcadia Realty Trust Reports First Quarter 2017 Operating Results - April 25 at 8:43 AM



Acadia Realty Trust (AKR) Chart for Wednesday, July, 26, 2017

This page was last updated on 7/26/2017 by Staff