Acadia Realty Trust (NYSE:AKR – Get Free Report) updated its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 1.240-1.260 for the period, compared to the consensus EPS estimate of 1.240. The company issued revenue guidance of -.
Wall Street Analysts Forecast Growth
AKR has been the subject of several recent research reports. KeyCorp reaffirmed a “sector weight” rating on shares of Acadia Realty Trust in a report on Monday, June 15th. Truist Financial boosted their price target on shares of Acadia Realty Trust from $23.00 to $24.00 and gave the stock a “buy” rating in a report on Tuesday, June 9th. Wall Street Zen upgraded shares of Acadia Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Weiss Ratings upgraded Acadia Realty Trust from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, July 14th. Finally, Jefferies Financial Group upgraded Acadia Realty Trust to a “strong-buy” rating in a research report on Friday, June 26th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Acadia Realty Trust has a consensus rating of “Moderate Buy” and a consensus target price of $23.50.
View Our Latest Analysis on Acadia Realty Trust
Acadia Realty Trust Stock Down 1.8%
Acadia Realty Trust (NYSE:AKR – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The real estate investment trust reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.25). Acadia Realty Trust had a return on equity of 1.86% and a net margin of 12.14%.The company had revenue of $95.42 million for the quarter, compared to analysts’ expectations of $92.36 million. During the same period in the prior year, the company posted $0.32 EPS. The firm’s revenue was down 5.1% compared to the same quarter last year. Acadia Realty Trust has set its FY 2026 guidance at 1.240-1.260 EPS. Analysts predict that Acadia Realty Trust will post 1.24 EPS for the current fiscal year.
Acadia Realty Trust Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a dividend of $0.20 per share. The ex-dividend date was Tuesday, June 30th. This represents a $0.80 annualized dividend and a yield of 3.6%. Acadia Realty Trust’s payout ratio is presently 266.67%.
Insider Buying and Selling at Acadia Realty Trust
In related news, EVP Reginald Livingston sold 25,000 shares of the business’s stock in a transaction on 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 sale, the executive vice president directly owned 9,426 shares of the company’s stock, valued at $208,503.12. The trade was 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 at this hyperlink. Corporate insiders own 3.11% of the company’s stock.
Institutional Trading of Acadia Realty Trust
Several institutional investors and hedge funds have recently added to or reduced their stakes in AKR. Osaic Holdings Inc. raised its stake 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 purchasing an additional 547 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Acadia Realty Trust in the second quarter valued at about $47,000. EverSource Wealth Advisors LLC boosted its holdings in Acadia Realty Trust by 342.1% during the second quarter. EverSource Wealth Advisors LLC now owns 2,984 shares of the real estate investment trust’s stock worth $55,000 after buying an additional 2,309 shares in the last quarter. State of Wyoming grew its position in Acadia Realty Trust by 10.8% during the second quarter. State of Wyoming now owns 5,581 shares of the real estate investment trust’s stock worth $104,000 after buying an additional 543 shares during the period. Finally, Virtus Investment Advisers LLC acquired a new stake in shares of Acadia Realty Trust during the 4th quarter valued at approximately $162,000. 97.65% of the stock is owned by hedge funds and other institutional investors.
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.
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