Acadia Realty Trust (NYSE:AKR) Given Average Recommendation of “Moderate Buy” by Brokerages

Acadia Realty Trust (NYSE:AKR) has earned an average rating of “Moderate Buy” from the eight ratings firms that are currently covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $23.50.

AKR has been the subject of a number of research analyst reports. JPMorgan Chase & Co. lifted their price target on Acadia Realty Trust from $21.00 to $22.00 and gave the company a “neutral” rating in a report on Friday, March 20th. KeyCorp reaffirmed a “sector weight” rating on shares of Acadia Realty Trust in a research note on Monday, June 15th. Jefferies Financial Group raised shares of Acadia Realty Trust to a “strong-buy” rating in a research note on Friday, June 26th. LADENBURG THALM/SH SH raised shares of Acadia Realty Trust from a “neutral” rating to a “buy” rating and set a $24.00 target price for the company in a report on Thursday, April 30th. Finally, Wall Street Zen upgraded Acadia Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd.

Insider Activity

In other Acadia Realty Trust news, EVP Reginald Livingston sold 25,000 shares of the stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $22.12, for a total value of $553,000.00. Following the completion of the sale, the executive vice president directly owned 9,426 shares in the company, valued at $208,503.12. This represents a 72.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 3.11% of the stock is owned by company insiders.

Institutional Trading of Acadia Realty Trust

A number of large investors have recently bought and sold shares of AKR. Danske Bank A S lifted its stake in Acadia Realty Trust by 600.0% in the fourth quarter. Danske Bank A S now owns 2,100 shares of the real estate investment trust’s stock valued at $43,000 after buying an additional 1,800 shares in the last quarter. Osaic Holdings Inc. raised its holdings in shares of Acadia Realty Trust by 32.8% during the second quarter. Osaic Holdings Inc. now owns 2,213 shares of the real estate investment trust’s stock worth $41,000 after acquiring an additional 547 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Acadia Realty Trust during the second quarter worth $47,000. EverSource Wealth Advisors LLC lifted its position in Acadia Realty Trust by 342.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,984 shares of the real estate investment trust’s stock valued at $55,000 after acquiring an additional 2,309 shares in the last quarter. Finally, Covestor Ltd increased its holdings in Acadia Realty Trust by 62,000.0% during the 4th quarter. Covestor Ltd now owns 3,726 shares of the real estate investment trust’s stock worth $77,000 after purchasing an additional 3,720 shares in the last quarter. 97.65% of the stock is owned by institutional investors.

Acadia Realty Trust Stock Down 0.1%

NYSE AKR opened at $21.25 on Friday. Acadia Realty Trust has a 1-year low of $18.04 and a 1-year high of $22.90. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.61. The stock’s 50 day moving average is $21.63 and its two-hundred day moving average is $20.86. The company has a market capitalization of $2.84 billion, a price-to-earnings ratio of 70.83 and a beta of 1.10.

Acadia Realty Trust (NYSE:AKR) last issued its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.17. The company had revenue of $102.99 million during the quarter, compared to analysts’ expectations of $94.21 million. Acadia Realty Trust had a return on equity of 1.51% and a net margin of 9.77%.The business’s revenue was down 1.4% on a year-over-year basis. During the same period last year, the business earned $0.34 earnings per share. Acadia Realty Trust has set its FY 2026 guidance at 1.220-1.260 EPS. Equities analysts forecast that Acadia Realty Trust will post 1.24 earnings per share for the current fiscal year.

Acadia Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Tuesday, June 30th. Acadia Realty Trust’s payout ratio is presently 266.67%.

Acadia Realty Trust Company Profile

Acadia Realty Trust (NYSE: AKR) is a Maryland real estate investment trust (REIT) that focuses on the acquisition, development, ownership and operation of grocery-anchored and necessity-based shopping centers. The company targets retail properties that serve densely populated urban and suburban markets and typically feature essential tenants such as supermarkets, drugstores, fitness centers and other service-oriented retailers. As a self-managed REIT, Acadia oversees leasing, property management, financing and construction activities through its in-house platform.

Acadia’s portfolio is diversified across property types and lease structures, with an emphasis on sites that benefit from long-term consumer traffic and resilient tenancy.