Acadia Realty Trust (AKR) to Release Earnings on Tuesday

Acadia Realty Trust (NYSE:AKR) is expected to be issuing its Q1 2025 quarterly earnings data after the market closes on Tuesday, April 29th. Analysts expect Acadia Realty Trust to post earnings of $0.33 per share and revenue of $86.99 million for the quarter. Acadia Realty Trust has set its FY 2025 guidance at 1.300-1.390 EPS.

Acadia Realty Trust (NYSE:AKR) last announced its quarterly earnings results on Tuesday, February 11th. The real estate investment trust reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.23. Acadia Realty Trust had a return on equity of 0.88% and a net margin of 5.74%. On average, analysts expect Acadia Realty Trust to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Acadia Realty Trust Price Performance

AKR stock opened at $19.50 on Tuesday. The firm has a market cap of $2.34 billion, a P/E ratio of 108.33, a price-to-earnings-growth ratio of 6.09 and a beta of 1.24. Acadia Realty Trust has a 1 year low of $16.14 and a 1 year high of $26.29. The stock has a 50-day simple moving average of $21.23 and a 200-day simple moving average of $23.11. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.96 and a current ratio of 0.96.

Acadia Realty Trust Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 4.10%. This is a positive change from Acadia Realty Trust’s previous quarterly dividend of $0.19. The ex-dividend date was Monday, March 31st. Acadia Realty Trust’s dividend payout ratio (DPR) is presently 444.44%.

Insiders Place Their Bets

In other news, EVP Jason Blacksberg sold 30,000 shares of Acadia Realty Trust stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $22.81, for a total value of $684,300.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.83% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Separately, Truist Financial raised Acadia Realty Trust from a “hold” rating to a “buy” rating and set a $23.00 target price on the stock in a research report on Thursday, April 10th.

About Acadia Realty Trust

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.