Acadia Realty Trust (AKR) To Go Ex-Dividend on June 30th

Acadia Realty Trust (NYSE:AKR) declared a quarterly dividend on Tuesday, May 12th. Investors of record on Tuesday, June 30th will be given a dividend of 0.20 per share by the real estate investment trust on Wednesday, July 15th. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date is Tuesday, June 30th.

Acadia Realty Trust has increased its dividend payment by an average of 0.2%annually over the last three years and has increased its dividend every year for the last 2 years. Acadia Realty Trust has a dividend payout ratio of 222.2% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Acadia Realty Trust to earn $1.32 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 60.6%.

Acadia Realty Trust Stock Up 0.9%

NYSE AKR opened at $21.89 on Friday. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.61. Acadia Realty Trust has a fifty-two week low of $18.04 and a fifty-two week high of $22.90. The business has a 50 day moving average price of $21.64 and a two-hundred day moving average price of $20.82. The stock has a market cap of $2.92 billion, a PE ratio of 72.96 and a beta of 1.10.

Acadia Realty Trust (NYSE:AKR) last posted 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 for the quarter, compared to analyst estimates of $94.21 million. Acadia Realty Trust had a net margin of 9.77% and a return on equity of 1.51%. The business’s quarterly revenue was down 1.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.34 earnings per share. Acadia Realty Trust has set its FY 2026 guidance at 1.220-1.260 EPS. As a group, sell-side analysts predict that Acadia Realty Trust will post 1.24 EPS for the current fiscal year.

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.