Acadia Realty Trust (NYSE:AKR) Issues FY 2025 Earnings Guidance

Acadia Realty Trust (NYSE:AKR) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.300-1.390 for the period, compared to the consensus earnings per share estimate of 1.330. The company issued revenue guidance of -.

Acadia Realty Trust Stock Up 2.1 %

NYSE AKR traded up $0.48 during trading hours on Tuesday, reaching $23.75. 1,020,708 shares of the company’s stock were exchanged, compared to its average volume of 877,530. Acadia Realty Trust has a one year low of $16.09 and a one year high of $26.29. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.14 and a current ratio of 1.14. The company’s 50-day moving average is $23.72 and its two-hundred day moving average is $23.43. The company has a market capitalization of $2.84 billion, a price-to-earnings ratio of 263.92, a price-to-earnings-growth ratio of 6.24 and a beta of 1.46.

Acadia Realty Trust (NYSE:AKR) last announced its earnings results on Tuesday, February 11th. The real estate investment trust reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.23. Acadia Realty Trust had a net margin of 3.07% and a return on equity of 0.48%. On average, analysts forecast that Acadia Realty Trust will post 1.28 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have commented on AKR shares. StockNews.com cut Acadia Realty Trust from a “hold” rating to a “sell” rating in a research note on Monday, December 2nd. Truist Financial increased their target price on shares of Acadia Realty Trust from $23.00 to $27.00 and gave the stock a “hold” rating in a report on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, Acadia Realty Trust has a consensus rating of “Hold” and an average target price of $23.00.

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.