Acadia Realty Trust (NYSE:AKR) Posts Quarterly Earnings Results, Beats Expectations By $0.26 EPS

Acadia Realty Trust (NYSE:AKR) posted its quarterly earnings data on Tuesday. The real estate investment trust reported $0.31 EPS for the quarter, beating the consensus estimate of $0.05 by $0.26, Zacks reports. Acadia Realty Trust had a net margin of 9.77% and a return on equity of 1.51%. Acadia Realty Trust updated its FY 2026 guidance to 1.240-1.260 EPS.

Acadia Realty Trust Stock Down 1.0%

Shares of AKR stock traded down $0.22 during trading hours on Tuesday, reaching $22.17. 1,260,980 shares of the stock were exchanged, compared to its average volume of 1,339,040. The business’s fifty day moving average is $21.75 and its two-hundred day moving average is $21.00. The firm has a market capitalization of $2.96 billion, a P/E ratio of 73.92 and a beta of 1.10. Acadia Realty Trust has a 12-month low of $18.14 and a 12-month high of $22.90. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.17 and a quick ratio of 1.17.

Acadia Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Tuesday, June 30th. Acadia Realty Trust’s dividend payout ratio is presently 266.67%.

Insider Transactions at Acadia Realty Trust

In related news, EVP Reginald Livingston sold 25,000 shares of Acadia Realty Trust 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 completion of the transaction, the executive vice president owned 9,426 shares in the company, valued at $208,503.12. The trade was a 72.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.11% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Acadia Realty Trust

Large investors have recently modified their holdings of the company. Osaic Holdings Inc. raised its holdings in shares of Acadia Realty Trust by 32.8% in the 2nd quarter. Osaic Holdings Inc. now owns 2,213 shares of the real estate investment trust’s stock valued at $41,000 after purchasing an additional 547 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Acadia Realty Trust during the 2nd quarter worth $47,000. EverSource Wealth Advisors LLC grew its stake in shares of 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 purchasing an additional 2,309 shares in the last quarter. State of Wyoming increased its holdings in Acadia Realty Trust by 10.8% in the second quarter. State of Wyoming now owns 5,581 shares of the real estate investment trust’s stock valued at $104,000 after buying an additional 543 shares during the last quarter. Finally, Virtus Investment Advisers LLC purchased a new position in Acadia Realty Trust in the fourth quarter valued at $162,000. 97.65% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. LADENBURG THALM/SH SH raised shares of Acadia Realty Trust from a “neutral” rating to a “buy” rating and set a $24.00 target price on the stock in a research note on Thursday, April 30th. Wall Street Zen raised shares of Acadia Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Weiss Ratings upgraded shares of Acadia Realty Trust from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, July 14th. KeyCorp reaffirmed a “sector weight” rating on shares of Acadia Realty Trust in a research report on Monday, June 15th. Finally, Jefferies Financial Group upgraded Acadia Realty Trust to a “strong-buy” rating in a research note on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $23.50.

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.