Acadia Realty Trust (NYSE:AKR) Announces Earnings Results

Acadia Realty Trust (NYSE:AKR) released its quarterly earnings results on Tuesday. The real estate investment trust reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.05 by $0.26, Zacks reports. Acadia Realty Trust had a return on equity of 1.51% and a net margin of 9.77%. Acadia Realty Trust updated its FY 2026 guidance to 1.240-1.260 EPS.

Acadia Realty Trust Stock Down 1.0%

Acadia Realty Trust stock traded down $0.22 on Tuesday, hitting $22.17. 1,260,980 shares of the stock traded hands, compared to its average volume of 1,339,040. Acadia Realty Trust has a 1 year low of $18.14 and a 1 year high of $22.90. The firm has a market cap of $2.96 billion, a P/E ratio of 73.92 and a beta of 1.10. 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 business’s fifty day simple moving average is $21.75 and its 200 day simple moving average is $21.00.

Acadia Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.80 annualized dividend and a yield of 3.6%. Acadia Realty Trust’s dividend payout ratio (DPR) is currently 266.67%.

Insider Activity

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

Institutional Investors Weigh In On Acadia Realty Trust

Hedge funds have recently bought and sold shares of the business. Mercer Global Advisors Inc. ADV purchased a new position in shares of Acadia Realty Trust during the fourth quarter valued at approximately $211,000. First Citizens Bank & Trust Co. purchased a new stake in shares of Acadia Realty Trust in the 4th quarter worth approximately $261,000. Virtus Investment Advisers LLC bought a new position in Acadia Realty Trust during the 4th quarter valued at approximately $162,000. Wellington Management Group LLP bought a new position in Acadia Realty Trust during the 4th quarter valued at approximately $42,330,000. Finally, Susquehanna Portfolio Strategies LLC raised its stake in Acadia Realty Trust by 70.0% during the fourth quarter. Susquehanna Portfolio Strategies LLC now owns 231,612 shares of the real estate investment trust’s stock valued at $4,757,000 after buying an additional 95,382 shares during the last quarter. Institutional investors own 97.65% of the company’s stock.

Analyst Upgrades and Downgrades

AKR has been the subject of a number of recent analyst reports. KeyCorp restated a “sector weight” rating on shares of Acadia Realty Trust in a report on Monday, June 15th. Wall Street Zen upgraded shares of Acadia Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Weiss Ratings raised shares of Acadia Realty Trust from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, July 14th. Jefferies Financial Group upgraded shares of Acadia Realty Trust to a “strong-buy” rating in a report on Friday, June 26th. Finally, Truist Financial lifted their target price on shares of Acadia Realty Trust from $23.00 to $24.00 and gave the company a “buy” rating in a research note on Tuesday, June 9th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Acadia Realty Trust currently has a consensus rating of “Moderate Buy” and a consensus price target of $23.50.

About Acadia Realty Trust

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.