Real Estate - REIT - Retail - NYSE - US
$ 24.6
0.49 %
$ 2.94 B
Market Cap
223.64
P/E
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.[ Read More ]
The intrinsic value of one AKR stock under the base case scenario is HIDDEN Compared to the current market price of 24.6 USD, Acadia Realty Trust is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart AKR
FINANCIALS
339 M
REVENUE
49.1 M
OPERATING INCOME
-1.75 M
NET INCOME
156 M
OPERATING CASH FLOW
-209 M
INVESTING CASH FLOW
45.9 M
FINANCING CASH FLOW
87.7 M
REVENUE
17.5 M
OPERATING INCOME
12.3 M
NET INCOME
44.6 M
OPERATING CASH FLOW
-76.3 M
INVESTING CASH FLOW
39.8 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Acadia Realty Trust
| Current Assets | 257 M |
| Cash & Short-Term Investments | 50.8 M |
| Receivables | 206 M |
| Other Current Assets | 204 K |
| Non-Current Assets | 4.03 B |
| Long-Term Investments | 197 M |
| PP&E | 29.3 M |
| Other Non-Current Assets | 3.81 B |
| Current Liabilities | 178 M |
| Accounts Payable | 61.4 M |
| Short-Term Debt | 213 M |
| Other Current Liabilities | -96.8 M |
| Non-Current Liabilities | 1.98 B |
| Long-Term Debt | 1.82 B |
| Other Non-Current Liabilities | 160 M |
EFFICIENCY
Earnings Waterfall
Acadia Realty Trust
| Revenue | 339 M |
| Cost Of Revenue | 108 M |
| Gross Profit | 230 M |
| Operating Expenses | 42.8 M |
| Operating Income | 49.1 M |
| Other Expenses | 50.8 M |
| Net Income | -1.75 M |
RATIOS
67.97%
GROSS MARGIN
14.49%
OPERATING MARGIN
5.87%
NET MARGIN
1.21%
ROE
0.46%
ROA
1.69%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Acadia Realty Trust
| Net Income | -1.75 M |
| Depreciation & Amortization | 136 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 12.8 M |
| Change in Working Capital | 5.32 M |
| Others | 4.19 M |
| Free Cash Flow | 156 M |
Wall Street Analysts Price Targets
Acadia Realty Trust
Wall Street analysts predict an average 1-year price target for AKR of $22.1 , with forecasts ranging from a low of $16 to a high of $27 .
AKR Lowest Price Target
Wall Street Target
16 USD
-34.96%
AKR Average Price Target
Wall Street Target
22.1 USD
-9.99%
AKR Highest Price Target
Wall Street Target
27 USD
9.76%
4. DIVIDEND ANALYSIS
0.74%
DIVIDEND YIELD
0 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Acadia Realty Trust
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
1.47 M USD 3
9-12 MONTHS
742 K USD 3
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
16.3 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
6 months ago
May 03, 2024
|
Sell 211 K USD
|
Gottfried John J.
Executive VP and CFO |
- 12500
|
16.8913 USD |
|
6 months ago
May 03, 2024
|
Sell 428 K USD
|
Hartmann Richard
Sr. VP |
- 25000
|
17.1049 USD |
|
8 months ago
Mar 15, 2024
|
Bought 16.3 K USD
|
ZOBA C DAVID
Director |
+ 1000
|
16.3 USD |
|
8 months ago
Mar 04, 2024
|
Sell 831 K USD
|
NAPOLITANO JOSEPH
Sr. VP |
- 49525
|
16.7715 USD |
|
11 months ago
Dec 05, 2023
|
Sell 448 K USD
|
CROCKER DOUGLAS II
Director |
- 28250
|
15.87 USD |
|
1 year ago
Nov 14, 2023
|
Sell 188 K USD
|
Gottfried John J.
Executive VP and CFO |
- 12500
|
15.04 USD |
|
1 year ago
Nov 14, 2023
|
Sell 105 K USD
|
Blacksberg Jason
Sr. VP and Chief Legal Officer |
- 7000
|
15.07 USD |
|
1 year ago
Mar 17, 2023
|
Bought 39.4 K USD
|
BERNSTEIN KENNETH F
President and CEO |
+ 3000
|
13.15 USD |
|
1 year ago
Mar 16, 2023
|
Bought 40.6 K USD
|
BERNSTEIN KENNETH F
President and CEO |
+ 3000
|
13.52 USD |
|
1 year ago
Mar 15, 2023
|
Bought 40.6 K USD
|
BERNSTEIN KENNETH F
President and CEO |
+ 3000
|
13.53 USD |
|
1 year ago
Mar 14, 2023
|
Bought 41 K USD
|
BERNSTEIN KENNETH F
President and CEO |
+ 3000
|
13.66 USD |
|
1 year ago
Mar 13, 2023
|
Bought 39.2 K USD
|
BERNSTEIN KENNETH F
President and CEO |
+ 3000
|
13.06 USD |
|
1 year ago
Mar 10, 2023
|
Bought 40.6 K USD
|
BERNSTEIN KENNETH F
President and CEO |
+ 3000
|
13.52 USD |
|
1 year ago
Mar 09, 2023
|
Bought 42.2 K USD
|
BERNSTEIN KENNETH F
President and CEO |
+ 3000
|
14.06 USD |
|
4 years ago
Mar 16, 2020
|
Bought 106 K USD
|
BERNSTEIN KENNETH F
President and CEO |
+ 6277
|
16.81 USD |
|
4 years ago
Mar 13, 2020
|
Bought 20 K USD
|
BERNSTEIN KENNETH F
President and CEO |
+ 1058
|
18.9 USD |
|
4 years ago
Mar 11, 2020
|
Bought 20 K USD
|
BERNSTEIN KENNETH F
President and CEO |
+ 934
|
21.38 USD |
|
4 years ago
Mar 03, 2020
|
Bought 9.99 K USD
|
BERNSTEIN KENNETH F
President and CEO |
+ 437
|
22.85 USD |
|
4 years ago
Feb 28, 2020
|
Bought 20 K USD
|
BERNSTEIN KENNETH F
President and CEO |
+ 881
|
22.68 USD |
|
4 years ago
Feb 27, 2020
|
Bought 20 K USD
|
BERNSTEIN KENNETH F
President and CEO |
+ 832
|
24.04 USD |
|
4 years ago
Feb 26, 2020
|
Bought 20 K USD
|
BERNSTEIN KENNETH F
President and CEO |
+ 817
|
24.48 USD |
|
4 years ago
Feb 25, 2020
|
Bought 20 K USD
|
BERNSTEIN KENNETH F
President and CEO |
+ 800
|
24.94 USD |
|
4 years ago
Feb 24, 2020
|
Bought 20 K USD
|
BERNSTEIN KENNETH F
President and CEO |
+ 793
|
25.17 USD |
|
1 year ago
May 31, 2023
|
Bought 127 K USD
|
WIELANSKY LEE S
Director |
+ 10000
|
12.73 USD |
|
2 years ago
Nov 10, 2022
|
Bought 73.8 K USD
|
WIELANSKY LEE S
Director |
+ 5000
|
14.7511 USD |
|
4 years ago
Feb 26, 2020
|
Bought 247 K USD
|
WIELANSKY LEE S
Director |
+ 10000
|
24.73 USD |
|
4 years ago
Mar 13, 2020
|
Bought 152 K USD
|
Gottfried John J.
Executive VP and CFO |
+ 7600
|
20 USD |
|
4 years ago
Mar 13, 2020
|
Bought 44 K USD
|
Gottfried John J.
Executive VP and CFO |
+ 2200
|
20 USD |
|
1 year ago
Mar 08, 2023
|
Bought 9.84 K USD
|
ZOBA C DAVID
Director |
+ 700
|
14.06 USD |
|
4 years ago
Mar 02, 2020
|
Bought 53.5 K USD
|
ZOBA C DAVID
Director |
+ 2190
|
24.45 USD |
|
1 year ago
May 24, 2023
|
Bought 364 K USD
|
CROCKER DOUGLAS II
Director |
+ 28250
|
12.9 USD |
|
1 year ago
May 31, 2023
|
Sell 698 K USD
|
NAPOLITANO JOSEPH
Sr. VP |
- 54040
|
12.92 USD |
|
1 year ago
Dec 01, 2022
|
Sell 12.3 K USD
|
LUSCOMBE WENDY W
Director |
- 807
|
15.2328 USD |
|
1 year ago
Nov 29, 2022
|
Sell 12 K USD
|
LUSCOMBE WENDY W
Director |
- 800
|
15.0521 USD |
|
2 years ago
Apr 18, 2022
|
Sell 31.8 K USD
|
LUSCOMBE WENDY W
director: |
- 1500
|
21.1769 USD |
|
2 years ago
Mar 15, 2022
|
Sell 21.6 K USD
|
LUSCOMBE WENDY W
director: |
- 1000
|
21.6231 USD |
|
2 years ago
Mar 14, 2022
|
Sell 328 K USD
|
Gottfried John J.
Executive VP and CFO |
- 15000
|
21.85 USD |
|
2 years ago
Mar 11, 2022
|
Sell 285 K USD
|
NAPOLITANO JOSEPH
Sr. VP |
- 13000
|
21.95 USD |
|
2 years ago
Feb 15, 2022
|
Sell 39.7 K USD
|
LUSCOMBE WENDY W
Director |
- 2000
|
19.8694 USD |
|
2 years ago
Jan 19, 2022
|
Sell 73.6 K USD
|
LUSCOMBE WENDY W
Director |
- 3500
|
21.0418 USD |
|
2 years ago
Dec 14, 2021
|
Sell 208 K USD
|
Conlon Christopher
Executive Vice President |
- 10000
|
20.8121 USD |
|
3 years ago
Nov 05, 2021
|
Sell 34.8 K USD
|
Blacksberg Jason
Sr. VP and General Counsel |
- 1500
|
23.2 USD |
|
3 years ago
Nov 03, 2021
|
Sell 137 K USD
|
Blacksberg Jason
Sr. VP and General Counsel |
- 6000
|
22.81 USD |
|
3 years ago
Sep 13, 2021
|
Sell 51.8 K USD
|
KELLAR LORRENCE T
Director |
- 2500
|
20.72 USD |
|
3 years ago
Aug 10, 2021
|
Sell 215 K USD
|
NAPOLITANO JOSEPH
Sr. VP |
- 10000
|
21.5333 USD |
|
3 years ago
Jun 01, 2021
|
Sell 66.4 K USD
|
Blacksberg Jason
Sr. VP and General Counsel |
- 3000
|
22.1301 USD |
|
3 years ago
Apr 15, 2021
|
Sell 30.3 K USD
|
LUSCOMBE WENDY W
Director |
- 1523
|
19.9034 USD |
|
3 years ago
Mar 17, 2021
|
Sell 62.1 K USD
|
Blacksberg Jason
Sr. VP and General Counsel |
- 3000
|
20.6843 USD |
|
3 years ago
Mar 16, 2021
|
Sell 103 K USD
|
NAPOLITANO JOSEPH
Sr. VP |
- 5000
|
20.599 USD |
|
3 years ago
Mar 15, 2021
|
Sell 20.9 K USD
|
LUSCOMBE WENDY W
Director |
- 1000
|
20.9117 USD |
|
3 years ago
Feb 24, 2021
|
Sell 205 K USD
|
Gottfried John J.
Sr. VP and CFO |
- 10500
|
19.5682 USD |
|
3 years ago
Feb 16, 2021
|
Sell 35.7 K USD
|
LUSCOMBE WENDY W
Director |
- 2000
|
17.8478 USD |
|
3 years ago
Jan 15, 2021
|
Sell 54.1 K USD
|
LUSCOMBE WENDY W
Director |
- 3500
|
15.4643 USD |
|
4 years ago
Mar 04, 2020
|
Sell 186 K USD
|
Hartmann Richard
Sr. VP |
- 8000
|
23.295 USD |
|
4 years ago
Feb 26, 2020
|
Sell 36 K USD
|
NAPOLITANO JOSEPH
Sr. VP |
- 1447
|
24.9035 USD |
|
4 years ago
Jan 16, 2020
|
Sell 177 K USD
|
LUSCOMBE WENDY W
Director |
- 6926
|
25.6061 USD |
|
4 years ago
Dec 12, 2019
|
Sell 1.69 K USD
|
LUSCOMBE WENDY W
Director |
- 65
|
26.023 USD |
|
5 years ago
Nov 12, 2019
|
Sell 8.24 K USD
|
LUSCOMBE WENDY W
Director |
- 300
|
27.45 USD |
|
5 years ago
Jul 24, 2019
|
Sell 833 K USD
|
Gottfried John J.
Sr. VP and CFO |
- 30000
|
27.78 USD |
|
5 years ago
Jun 06, 2019
|
Sell 557 K USD
|
Conlon Christopher
Executive Vice President |
- 20000
|
27.8326 USD |
|
5 years ago
May 03, 2019
|
Sell 71.5 K USD
|
Blacksberg Jason
Sr. VP and General Counsel |
- 2477
|
28.86 USD |
|
5 years ago
May 01, 2019
|
Sell 5.64 K USD
|
LUSCOMBE WENDY W
Director |
- 200
|
28.18 USD |
|
5 years ago
Apr 26, 2019
|
Sell 114 K USD
|
Blacksberg Jason
Sr. VP and General Counsel |
- 4000
|
28.5 USD |
|
5 years ago
Apr 29, 2019
|
Sell 54.1 K USD
|
Blacksberg Jason
Sr. VP and General Counsel |
- 1897
|
28.51 USD |
|
5 years ago
Mar 01, 2019
|
Sell 140 K USD
|
Conlon Christopher
Executive Vice President |
- 5000
|
27.91 USD |
|
5 years ago
Mar 05, 2019
|
Sell 141 K USD
|
Conlon Christopher
Executive Vice President |
- 5000
|
28.21 USD |
|
5 years ago
Feb 15, 2019
|
Sell 384 K USD
|
NAPOLITANO JOSEPH
Sr. VP |
- 13000
|
29.5 USD |
|
5 years ago
Feb 15, 2019
|
Sell 298 K USD
|
Hartmann Richard
Sr. VP |
- 10168
|
29.32 USD |
|
5 years ago
Feb 15, 2019
|
Sell 61.8 K USD
|
Blacksberg Jason
Sr. VP and General Counsel |
- 2096
|
29.5 USD |
|
6 years ago
Nov 01, 2018
|
Sell 126 K USD
|
LUSCOMBE WENDY W
Director |
- 4500
|
28 USD |
|
6 years ago
Oct 29, 2018
|
Sell 7.82 K USD
|
Hartmann Richard
Sr. VP |
- 276
|
28.35 USD |
|
6 years ago
Sep 12, 2018
|
Sell 19.9 K USD
|
LUSCOMBE WENDY W
Director |
- 699
|
28.52 USD |
|
6 years ago
Aug 28, 2018
|
Sell 62.8 K USD
|
Hartmann Richard
Senior Vice President |
- 2203
|
28.5124 USD |
|
6 years ago
Aug 20, 2018
|
Sell 128 K USD
|
NAPOLITANO JOSEPH
Sr. Vice President |
- 4500
|
28.51 USD |
|
6 years ago
Aug 17, 2018
|
Sell 62 K USD
|
LUSCOMBE WENDY W
Director |
- 2204
|
28.12 USD |
|
6 years ago
Jun 15, 2018
|
Sell 254 K USD
|
Conlon Christopher
Executive Vice President |
- 9200
|
27.5708 USD |
|
6 years ago
Jun 14, 2018
|
Sell 95.7 K USD
|
Blacksberg Jason
Sr. V.P. and General Counsel |
- 3500
|
27.3406 USD |
|
6 years ago
Mar 05, 2018
|
Sell 369 K USD
|
NAPOLITANO JOSEPH
Sr. Vice President |
- 14626
|
25.26 USD |
|
7 years ago
May 08, 2017
|
Bought 19.8 K USD
|
BERNSTEIN KENNETH F
President and CEO |
+ 700
|
28.217 USD |
|
7 years ago
May 04, 2017
|
Bought 20 K USD
|
BERNSTEIN KENNETH F
President and CEO |
+ 702
|
28.5032 USD |
|
7 years ago
Mar 16, 2017
|
Sell 233 K USD
|
Conlon Christopher
Executive Vice President |
- 7500
|
31.0415 USD |
|
7 years ago
Mar 15, 2017
|
Sell 234 K USD
|
Conlon Christopher
Executive Vice President |
- 7500
|
31.1925 USD |
|
7 years ago
Mar 03, 2017
|
Sell 47.5 K USD
|
LUSCOMBE WENDY W
Director |
- 1500
|
31.6884 USD |
|
7 years ago
Feb 22, 2017
|
Sell 241 K USD
|
NAPOLITANO JOSEPH
Sr. Vice President |
- 7500
|
32.17 USD |
|
8 years ago
Aug 02, 2016
|
Sell 444 K USD
|
WIELANSKY LEE S
Director |
- 12000
|
37.0256 USD |
|
8 years ago
Aug 01, 2016
|
Sell 827 K USD
|
BRAUN JOEL L
Executive Vice President |
- 22000
|
37.6018 USD |
|
8 years ago
Jul 28, 2016
|
Sell 373 K USD
|
Spitz William T.
Director |
- 10000
|
37.2513 USD |
|
8 years ago
May 06, 2016
|
Sell 11.2 K USD
|
LUSCOMBE WENDY W
Director |
- 315
|
35.46 USD |
|
8 years ago
May 06, 2016
|
Sell 211 K USD
|
MASTERS ROBERT
Senior Vice President |
- 6000
|
35.2 USD |
|
8 years ago
May 06, 2016
|
Sell 531 K USD
|
Conlon Christopher
Executive Vice President |
- 15000
|
35.43 USD |
|
8 years ago
Feb 24, 2016
|
Sell 99.4 K USD
|
CROCKER DOUGLAS II
Director |
- 3000
|
33.1232 USD |
|
8 years ago
Feb 22, 2016
|
Sell 1.2 M USD
|
BERNSTEIN KENNETH F
President and CEO |
- 36000
|
33.47 USD |
|
8 years ago
Feb 16, 2016
|
Sell 196 K USD
|
NAPOLITANO JOSEPH
Sr. Vice President |
- 5941
|
33.0069 USD |
|
8 years ago
Feb 12, 2016
|
Sell 327 K USD
|
Conlon Christopher
Executive Vice President |
- 10000
|
32.7304 USD |
|
8 years ago
Feb 16, 2016
|
Sell 563 K USD
|
Conlon Christopher
Executive Vice President |
- 17000
|
33.143 USD |
|
8 years ago
Feb 12, 2016
|
Sell 703 K USD
|
BRAUN JOEL L
Executive Vice President |
- 21600
|
32.5444 USD |
|
9 years ago
Nov 13, 2015
|
Sell 79.7 K USD
|
NAPOLITANO JOSEPH
Sr. Vice President |
- 2485
|
32.0798 USD |
|
9 years ago
Aug 20, 2015
|
Sell 151 K USD
|
Conlon Christopher
Executive Vice President |
- 4670
|
32.3326 USD |
|
9 years ago
Aug 20, 2015
|
Sell 151 K USD
|
Conlon Christopher
Executive Vice President |
- 4670
|
32.3326 USD |
|
9 years ago
May 22, 2015
|
Sell 156 K USD
|
Conlon Christopher
Executive Vice President |
- 5000
|
31.3 USD |
|
9 years ago
Mar 11, 2015
|
Sell 1.04 M USD
|
BRAUN JOEL L
Executive Vice President |
- 31178
|
33.229 USD |
|
9 years ago
Mar 02, 2015
|
Sell 188 K USD
|
Conlon Christopher
Executive Vice President |
- 5500
|
34.2157 USD |
|
9 years ago
Feb 27, 2015
|
Sell 171 K USD
|
WIELANSKY LEE S
Director |
- 5000
|
34.2 USD |
|
9 years ago
Feb 26, 2015
|
Sell 34.3 K USD
|
Hartmann Richard
Senior Vice President |
- 1000
|
34.32 USD |
|
9 years ago
Feb 25, 2015
|
Sell 69.9 K USD
|
Hartmann Richard
Senior Vice President |
- 2000
|
34.928 USD |
|
9 years ago
Feb 24, 2015
|
Sell 52.2 K USD
|
Grisham Jonathan William
Senior Vice President |
- 1491
|
35.03 USD |
|
9 years ago
Feb 20, 2015
|
Sell 138 K USD
|
NAPOLITANO JOSEPH
Sr. Vice President |
- 3914
|
35.15 USD |
|
9 years ago
Feb 19, 2015
|
Sell 352 K USD
|
KELLAR LORRENCE T
Director |
- 10000
|
35.24 USD |
|
9 years ago
Dec 02, 2014
|
Sell 118 K USD
|
BRAUN JOEL L
Executive Vice President |
- 3720
|
31.6943 USD |
|
10 years ago
Sep 05, 2014
|
Sell 288 K USD
|
WIELANSKY LEE S
Director |
- 10000
|
28.7675 USD |
|
10 years ago
Aug 14, 2014
|
Sell 374 K USD
|
Conlon Christopher
Executive Vice President |
- 13000
|
28.74 USD |
|
10 years ago
Aug 12, 2014
|
Sell 1.46 M USD
|
BERNSTEIN KENNETH F
President and CEO |
- 51300
|
28.41 USD |
|
10 years ago
Aug 13, 2014
|
Sell 1.38 M USD
|
BERNSTEIN KENNETH F
President and CEO |
- 48700
|
28.39 USD |
|
10 years ago
Jun 11, 2014
|
Sell 99.8 K USD
|
NAPOLITANO JOSEPH
Sr. Vice President |
- 3655
|
27.309 USD |
|
10 years ago
Jun 09, 2014
|
Sell 66.7 K USD
|
Grisham Jonathan William
Senior Vice President |
- 2384
|
27.959 USD |
|
10 years ago
May 08, 2014
|
Sell 2.73 M USD
|
BERNSTEIN KENNETH F
President and CEO |
- 100000
|
27.34 USD |
|
10 years ago
Mar 03, 2014
|
Sell 317 K USD
|
Conlon Christopher
Executive Vice President |
- 12000
|
26.38 USD |
|
10 years ago
Feb 19, 2014
|
Sell 316 K USD
|
NAPOLITANO JOSEPH
Sr. Vice President |
- 12000
|
26.32 USD |
|
11 years ago
May 24, 2013
|
Sell 272 K USD
|
KELLAR LORRENCE T
Director |
- 10000
|
27.2142 USD |
|
11 years ago
May 10, 2013
|
Sell 201 K USD
|
CROCKER DOUGLAS II
Director |
- 7000
|
28.7225 USD |
7. News
Is Acadia Realty Trust (AKR) Outperforming Other Finance Stocks This Year?
Here is how Acadia Realty Trust (AKR) and Amalgamated Financial (AMAL) have performed compared to their sector so far this year.
zacks.com
- 2 weeks ago
Acadia Realty Trust (AKR) Q3 2024 Earnings Call Transcript
Acadia Realty Trust (NYSE:AKR ) Q3 2024 Earnings Conference Call October 28, 2024 11:00 AM ET Company Participants Alec Aaronson - Development Analyst Ken Bernstein - President and Chief Executive Officer A.J. Levine - SVP, Leasing and Development John Gottfried - EVP and CFO Conference Call Participants Linda Tsai - Jefferies Floris van Dijkum - Compass Point Jeff Spector - Bank of America Securities Todd Thomas - KeyBanc Capital Markets Ki Bin Kim - Truist Paulina Rojas Schmidt - Green Street Michael Mueller - JPMorgan Operator Hello, and welcome to Acadia Realty Trust Third Quarter 2024 Earnings Conference Call.
seekingalpha.com
- 2 weeks ago
Acadia Realty Trust (AKR) Q3 FFO Meet Estimates
Acadia Realty Trust (AKR) came out with quarterly funds from operations (FFO) of $0.32 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.27 per share a year ago.
zacks.com
- 2 weeks ago
Acadia Realty Trust Reports Third Quarter Operating Results
RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today reported operating results for the quarter ended September 30, 2024. All per share amounts are on a fully-diluted basis, where applicable. Acadia owns and operates a high-quality real estate portfolio of street and open-air retail properties in the nation's most dynamic retail corridors ("Core" or "Core Portfolio"), along with an investment management platform that targets opportunistic and value-add i.
businesswire.com
- 2 weeks ago
What Makes Acadia Realty Trust (AKR) a New Buy Stock
Acadia Realty Trust (AKR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
zacks.com
- 1 month ago
Has Acadia Realty Trust (AKR) Outpaced Other Finance Stocks This Year?
Here is how Acadia Realty Trust (AKR) and Arch Capital Group (ACGL) have performed compared to their sector so far this year.
zacks.com
- 1 month ago
An October Surprise
U.S. equity markets extended gains to a fourth-straight week despite a resurgence in benchmark interest rates after a critical slate of employment data showed surprisingly strong labor market trends. One of several strong employment reports, Nonfarm Payrolls data showed that the U.S. economy added 254k jobs in September - the strongest in six months and well above consensus estimates. Combined with a nearly 10% surge in crude oil prices driven by renewed Middle East tensions, markets reflected a significantly less aggressive Fed rate cut path in the months ahead.
seekingalpha.com
- 1 month ago
An October Surprise
U.S. equity markets extended gains to a fourth-straight week despite a resurgence in benchmark interest rates after a critical slate of employment data showed surprisingly strong labor market trends. One of several strong employment reports, Nonfarm Payrolls data showed that the U.S. economy added 254k jobs in September - the strongest in six months and well above consensus estimates. Combined with a nearly 10% surge in crude oil prices driven by renewed Middle East tensions, markets reflected a significantly less aggressive Fed rate cut path in the months ahead.
seekingalpha.com
- 1 month ago
Acadia Realty Trust to Announce Third Quarter 2024 Earnings on October 28, 2024
RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) will release its third quarter 2024 earnings prior to the market open on Monday, October 28, 2024. Management will conduct a conference call on Monday, October 28, 2024, at 11:00 AM ET to review the Company's earnings and operating results. Participant registration and webcast information is listed below. Live Conference Call: Date: Monday, October 28, 2024 Time: 11:00 AM ET Participant Call: Third Quarter 2.
businesswire.com
- 1 month ago
Acadia Realty Trust Announces Pricing of Upsized Offering of 5,000,000 Common Shares
RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) announced today the pricing of an upsized underwritten offering of 5,000,000 common shares of beneficial interest at a price to the public of $23.25 per share. The underwriters have been granted a 30-day option to purchase up to an additional 750,000 common shares. This reflects an upsizing of the previously announced offering of 4,500,000 common shares. The offering is expected to close on October 2, 2024,.
businesswire.com
- 1 month ago
Acadia Realty Trust Announces Offering of 4,500,000 Common Shares
RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) announced today that it is commencing an underwritten public offering of 4,500,000 of its common shares of beneficial interest in connection with the forward sale agreements described below. Wells Fargo Securities, Goldman Sachs & Co. LLC and Jefferies are acting as joint book-running managers for the offering. The shares may be offered by the underwriters from time to time to purchasers directly or thro.
businesswire.com
- 1 month ago
Shopping Center REITs Are Hot: Pick A Winner
The current environment is favorable for REITs, with normalized prices, falling Treasury yields, and expected prime rate cuts. Shopping Center REITs offer above-average yields (3.88%) and superior growth prospects, driven by record-high occupancy rates and strong rental rate spreads. This article examines liquidity, FFO growth, TCFO growth, dividend growth, market cap, share price growth, and volatility to identify the best Shopping Center REITs for the next 2 years.
seekingalpha.com
- 2 months ago
Acadia Realty Trust to Present at BofA Securities 2024 Global Real Estate Conference
RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today announced that it will participate at the BofA Securities 2024 Global Real Estate Conference. BofA Securities 2024 Global Real Estate Conference Acadia will participate at the BofA Securities 2024 Global Real Estate Conference which will be held September 10-12, 2024. Kenneth F. Bernstein, Acadia's President and Chief Executive Officer, is scheduled for a roundtable discussion on Wednesday, September 1.
businesswire.com
- 2 months ago
8. Profile Summary
Acadia Realty Trust AKR
COUNTRY
US
INDUSTRY
REIT - Retail
MARKET CAP
$ 2.94 B
Dividend Yield
0.74%
Description
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.
Contact
411 Theodore Fremd Avenue, Rye, NY, 10580
https://www.acadiarealty.com
IPO Date
May 27, 1993
Employees
117
Officers
Mr. Joseph Hogan
Senior Vice President & Director of Construction
Mr. Jason Blacksberg Esq.
Executive Vice President, Corporate Secretary & Chief Legal Officer
Mr. Richard M. Hartmann
Chief Accounting Officer & Senior Vice President
Ms. Lesley Valente
Vice President of Human Resources
Mr. Kenneth F. Bernstein
President, Chief Executive Officer & Trustee
Mr. Reginald Livingston
Executive Vice President & Chief Investment Officer
Ms. Heather Moore Esq.
Senior Vice President of Leasing Operations & Chief Compliance Officer
Mr. Michael L. Nelsen Sr.
Senior Vice President of Accounting & Financial Principal
Mr. Joseph M. Napolitano
Chief Administrative Officer & Senior Vice President
Mr. John Gottfried CPA
Executive Vice President & Chief Financial Officer