Acadia Realty Trust (NYSE:AKR – Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.240-1.260 for the period, compared to the consensus earnings per share estimate of 1.240. The company issued revenue guidance of -.
Analyst Upgrades and Downgrades
AKR has been the subject of a number of research reports. LADENBURG THALM/SH SH upgraded Acadia Realty Trust from a “neutral” rating to a “buy” rating and set a $24.00 price objective for the company in a research report on Thursday, April 30th. Wall Street Zen raised Acadia Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Jefferies Financial Group raised shares of Acadia Realty Trust to a “strong-buy” rating in a report on Friday, June 26th. Weiss Ratings raised shares of Acadia Realty Trust from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, July 14th. Finally, Truist Financial raised their price target on Acadia Realty Trust from $23.00 to $24.00 and gave the company a “buy” rating in a report on Tuesday, June 9th. One 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 stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $23.50.
Check Out Our Latest Analysis on AKR
Acadia Realty Trust Trading Up 3.2%
Acadia Realty Trust (NYSE:AKR – Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The real estate investment trust reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.25). The firm had revenue of $91.19 million during the quarter, compared to analyst estimates of $92.36 million. Acadia Realty Trust had a return on equity of 1.51% and a net margin of 9.77%.Acadia Realty Trust’s revenue for the quarter was down 5.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.32 earnings per share. Acadia Realty Trust has set its FY 2026 guidance at 1.240-1.260 EPS. Analysts expect that Acadia Realty Trust will post 1.24 EPS for the current year.
Acadia Realty Trust Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.20 per share. The ex-dividend date was Tuesday, June 30th. This represents a $0.80 annualized dividend and a dividend yield of 3.5%. Acadia Realty Trust’s payout ratio is currently 266.67%.
Insider Buying and Selling at Acadia Realty Trust
In related news, EVP Reginald Livingston sold 25,000 shares of the stock in a transaction that occurred 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 transaction, the executive vice president directly owned 9,426 shares in the company, valued at $208,503.12. This represents a 72.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 3.11% of the stock is currently owned by company insiders.
Institutional Trading of Acadia Realty Trust
Several institutional investors and hedge funds have recently made changes to their positions in the business. Osaic Holdings Inc. grew 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 period. Raymond James Financial Inc. bought a new position in Acadia Realty Trust during the second quarter worth 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 during the last quarter. State of Wyoming grew its position in shares of Acadia Realty Trust by 10.8% during the 2nd 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 position in shares of Acadia Realty Trust during the 4th quarter worth about $162,000. Institutional investors own 97.65% of the company’s stock.
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.
Featured Stories
- Five stocks we like better than Acadia Realty Trust
- Broadcom’s $200 Billion Samsung Deal Shows How Costly the AI Memory Race Has Become
- 3 Refiners Benefiting From Oil Volatility and Tight Fuel Supply
- Carrier Earnings Could Send the Stock to a New All-Time High
- 3 Unique AI Software Plays With Strong Analyst Support
Receive News & Ratings for Acadia Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Acadia Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.
