Acadia Realty Trust

Acadia Realty Trust

AKR·NYSE

$21.96

+0.85%
Real EstateREIT - Retail

Acadia Realty Trust is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual – Core Portfolio 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 corridors; making profitable opportunistic and value-add investments through its series of discretionary, institutional funds; and maintaining a strong balance sheet.

At a Glance

Live Snapshot
Market Cap$2.93B
EPS0.0950
P/E Ratio231.21
Earnings Date08/04/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

High confidence

Valuation multiple is elevated (P/E 231.2).

Valuation inputs: P/E 231.2, earnings yield +0.4%, momentum +0.8%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE +0.6%, ROIC +1.1%).

Profitability stack: net margin +3.3%, ROE +0.6%, ROIC +1.1%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +45.6%, momentum +0.8%, net margin +3.3%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

akr

Acadia Realty Trust Market vs Earnings Trajectory

AKR · NYSE

Loading price and EPS data...

Acadia Realty Trust

Acadia Realty Trust Fair Value Envelope

AKR · NYSE

Our analysis suggests that AKR has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $21.965, this represents a potential HIDDEN relative to our calculated worth for Acadia Realty Trust.

Intrinsic Value
Current Price: $21.965
3Y-125.0%
5Y-186.0%
10Y-90.0%
3Y+26.0%
5Y+64.0%
10Y+116.0%
3Y-138.0%
5Y-251.0%
10Y-81.0%
3Y+25.0%
5Y+61.0%
10Y+49.0%
3Y+125.0%
5Y+61.0%
10Y+60.0%
3Y+12.0%
5Y+17.0%
10Y+21.0%
Acadia Realty Trust

Acadia Realty Trust Profit Bridge

AKR · NYSE
Revenue410.76M
Cost of Goods Sold (203.24M)
Gross Profit207.51M
Operating Expenses (158.09M)
Operating Income49.43M
Interest Expense (95.31M)
Other Income/Expense-89.03M
Pretax Income-39.60M
Income Tax (412.00K)
Net Income13.58M
Net Income
13.58M

Profitability Analysis

Gross Margin

50.5%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

12.0%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

3.3%

Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

50.52%
Gross Profit Margin
-27%
3Y-27.0%
5Y-17.0%
10Y-31.0%
12.03%
Operating Profit Margin
-34%
3Y-42.0%
5Y-126.0%
10Y+4.0%
3.31%
Net Profit Margin
-45%
3Y-130.0%
5Y-192.0%
10Y-91.0%
0.61%
Return on Equity
-42%
3Y-129.0%
5Y-198.0%
10Y-87.0%
0.28%
Return on Assets
-43%
3Y-134.0%
5Y-229.0%
10Y-85.0%
1.06%
Return on Invested Capital
-30%
3Y-35.0%
5Y-137.0%
10Y+152.0%
AKR

Acadia Realty Trust Cash Conversion Engine

AKR · NYSE
Net Income-39.19M
Depreciation & Amortization157.46M
Stock-Based Compensation11.62M
Change in Working Capital-18.70M
Others55.79M
Capital Expenditures0.00
Free Cash Flow166.98M

Cash Flow Quality Analysis

FCF Conversion Rate

-426.1%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

FCF Growth Trend

+177.4%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$18.70M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

akr

Acadia Realty Trust Funding & Solvency Profile

AKR · NYSE
Cash & Cash Equivalents31.41M
Net Receivables226.57M
Inventory0.00
Other Current Assets36.31M
Total Current Assets318 M
Property, Plant & Equipment22.60M
Goodwill & Intangible Assets96.65M
Long-Term Investments275.77M
Other Non-Current Assets3.82B
Total Non-Current Assets4 B
Total Assets
4.53B

Financial Health Analysis

Current Ratio

1.39x

Acceptable liquidity, but monitor closely. Current assets just barely cover current liabilities.

Debt-to-Equity Ratio

0.71x

Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.

Working Capital

88 M

Positive working capital, but relatively tight. The company should monitor cash flow carefully.

Asset Composition

7% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

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Acadia Realty Trust Street Expectations Map

AKR · NYSE

Wall Street analysts project that AKR stock may see slight declines over the coming 12 months. The consensus 1-year price target stands at 20.50, with estimates ranging from a low of 16.00 to a high of 27.00.

Lowest Target
16.00
-27.16%
Consensus Target
20.50
-6.67%
Highest Target
27.00
22.92%

The consensus 1-year price target stands at 20.50, with estimates ranging from a low of 16.00 to a high of 27.00.

Analyst Consensus Analysis

Upside Potential

-6.7%

Downside risk. Current price above analyst targets indicates potential overvaluation. Exercise caution and review catalysts.

Analyst Agreement

53.7% spread

Mixed analyst views. Wide target range suggests differing opinions on key value drivers, growth prospects, or risk factors.

Risk-Reward Profile

0.84x

Unfavorable risk-reward. Downside risk exceeds upside potential. Consider defensive positioning or alternative opportunities.

Analyst Conviction

Low

Bearish or uncertain outlook. Limited upside or poor consensus suggests challenges ahead or fundamental concerns.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

akr

Acadia Realty Trust Insider Positioning

AKR · NYSE

During the last 12 months, insiders have sold $954K worth of AKR shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

25.0K

553.00K

Net Activity

-553K

-$553K

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

20.0K

400.60K

Net Activity

-401K

-$401K

Top Buyers

No buying activity

Top Sellers

1
LR

Livingston Reginald

Officer: Evp And Cio

45.0K shares2 transactions

$954K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $954K net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$553K

Heavy recent selling activity. Recent insider sales notably exceed purchases—may warrant investigation into company developments.

Insider Participation

High Selling

1 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Persistent selling pressure: Consistent insider selling with weak buy/sell ratio suggests insiders may be capitalizing on current valuation. Exercise caution and review recent earnings quality and management commentary.

1.04%
Dividend Yield
7%
3Y-19.0%
5Y+32.0%
10Y+51.0%
 

akr Dividend History

AKR
10Y CAGR 2%
Latest $0.2
Annual $1
Stable dividend payments
Last Period: +0%