Acadia Realty Trust (NYSE:AKR) Issues Quarterly Earnings Results

Posted by on Nov 3rd, 2026

Acadia Realty Trust (NYSE:AKR – Get Free Report) announced its quarterly earnings data on Monday. The real estate investment trust reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.31 by ($0.34), FiscalAI reports. Acadia Realty Trust had a net margin of 10.23% and a return on equity of 1.54%. The firm had revenue of $94.98 million for the quarter, compared to analyst estimates of $94.38 million. During the same quarter in the prior year, the firm earned $0.03 earnings per share. The firm’s revenue for the quarter was down 6.0% on a year-over-year basis.

Here are the key takeaways from Acadia Realty Trust’s conference call:

  • Same-property NOI growth exceeded expectations: Q3 same-property NOI rose 10.2%, led by a more than 15% increase in street and urban assets. Acadia raised 2026 full-year same-property NOI growth guidance to 7.5%–8.5% and maintained FFO guidance of $1.24–$1.26 per share.
  • Acadia’s street-retail portfolio continues to benefit from strong tenant demand and fair-market-value lease resets, with market rents growing more than 12% annually since 2023 and select Q3 resets producing a 54% average leasing spread. Management estimates the street portfolio remains approximately 25% below market, providing additional embedded upside.
  • The signed-not-open pipeline increased more than 30% to a record $22 million of annualized base rent, nearly 90% of which is concentrated in street and urban assets. Management expects roughly $0.06–$0.08 of incremental FFO per share from this pipeline in 2027, excluding contractual rent growth, renewals, and future acquisitions.
  • Acadia acquired approximately $150 million of street-retail assets during the quarter, bringing 2026 acquisitions to $350 million, while identifying lease-up and redevelopment opportunities across SoHo, Bleecker Street, Westport, Greenwich, and West Hollywood. Henderson Avenue in Dallas is more than 90% pre-leased and remains on time and on budget.
  • Higher interest rates and investment-management dispositions remain offsets to earnings growth, while North Michigan Avenue is currently a modest earnings drag due to taxes and carrying costs. Although management expects improving leasing activity in that corridor, transaction pricing remains uncertain and future acquisitions must clear a high accretion and return threshold.

Acadia Realty Trust Trading Down 1.2%

Shares of Acadia Realty Trust stock opened at $19.15 on Wednesday. The firm’s 50 day moving average is $19.26 and its 200 day moving average is $20.60. The firm has a market capitalization of $2.63 billion, a PE ratio of 68.39, a price-to-earnings-growth ratio of 2.11 and a beta of 1.11. Acadia Realty Trust has a 1 year low of $17.96 and a 1 year high of $23.03. The company has a current ratio of 1.23, a quick ratio of 1.13 and a debt-to-equity ratio of 0.68.

Trending Headlines about Acadia Realty Trust

Here are the key news stories impacting Acadia Realty Trust this week:

  • Positive Sentiment: Management is targeting 7.5%–8.5% growth in 2026 same-property NOI. Street-market rents grew at an annual rate above 12%, and signed leases that have not yet opened represent $22 million in base rent—potential support for future growth. Article: Acadia targets same-property NOI growth Article: Acadia Realty takeaways
  • Neutral Sentiment: Third-quarter FFO was $0.31 per share, matching consensus, though down from $0.33 a year earlier. The 2026 FFO/AFFO outlook is $1.24–$1.26 per share, near the $1.25 consensus estimate and above FactSet’s $1.21 estimate. Article: Acadia Q3 FFO Article: Acadia 2026 AFFO outlook
  • Negative Sentiment: Acadia reported a GAAP loss of $0.03 per share, versus analysts’ $0.31 estimate, while revenue fell 6% year over year to $94.98 million. Although revenue slightly topped estimates, reports described the company’s annual earnings outlook as reduced, raising concerns about near-term performance. Article: Acadia slips to a loss and cuts outlook

Wall Street Analysts Forecast Growth

AKR has been the topic of a number of research analyst reports. Weiss Ratings downgraded Acadia Realty Trust from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, October 2nd. Citigroup boosted their price target on Acadia Realty Trust from $24.00 to $26.00 and gave the stock a “buy” rating in a report on Monday, August 3rd. Wall Street Zen cut Acadia Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday. KeyCorp restated an “overweight” rating on shares of Acadia Realty Trust in a research report on Wednesday, September 23rd. Finally, Truist Financial started coverage on Acadia Realty Trust in a research note on Thursday, October 1st. They issued a “buy” rating and a $22.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $23.80.

View Our Latest Research Report on AKR

Acadia Realty Trust Company Profile

(Get Free Report)

Acadia Realty Trust (NYSE: AKR) is a real estate investment trust that owns, operates, acquires, and develops retail properties in the United States. Its portfolio includes grocery-anchored shopping centers, neighborhood and community retail centers, urban street retail properties, and mixed-use assets.

The company focuses on retail locations in densely populated and high-barrier-to-entry markets, serving tenants that include national retailers, restaurants, service providers, and other consumer-oriented businesses.

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Earnings History for Acadia Realty Trust (NYSE:AKR)

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