AKR - Acadia Realty Trust Stock Price, Fair Value and News

16.84USD-0.31 (-1.81%)Market Closed

Market Summary

USD16.84-0.31

Market Closed

-1.81%

AKR Alerts

2 major insider sales recently.

Big fall in earnings (Y/Y)
Losses in recent quarter

AKR Stock Price

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AKR RSI Chart

AKR Valuation

Market Cap

1.8B

Price/Earnings (Trailing)

-57.81

Price/Sales (Trailing)

5.08

EV/EBITDA

16.24

Price/Free Cashflow

14.47

AKR Price/Sales (Trailing)

AKR Profitability

EBT Margin

-8.73%

Return on Equity

-1.37%

Return on Assets

-0.72%

Free Cashflow Yield

6.91%

AKR Fundamentals

AKR Revenue

Revenue (TTM)

348.2M

Rev. Growth (Yr)

11.63%

Rev. Growth (Qtr)

6.83%

AKR Earnings

Earnings (TTM)

-30.6M

Earnings Growth (Yr)

-131.17%

Earnings Growth (Qtr)

33%

Breaking Down AKR Revenue

52 Week Range

12.3716.99

(Low)(High)

Last 7 days

-0.7%

Last 30 days

3.8%

Last 90 days

1.2%

Trailing 12 Months

28.5%

How does AKR drawdown profile look like?

AKR Financial Health

Debt/Equity

0.77

Debt/Cashflow

0.07

AKR Investor Care

Dividend Yield

4.2%

Dividend/Share (TTM)

0.72

Shares Dilution (1Y)

8.37%

Diluted EPS (TTM)

0.09

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	348.2M	0	0	0
2023	326.6M	332.3M	333.8M	338.7M
2022	305.8M	317.0M	325.1M	326.3M
2021	247.7M	257.0M	277.6M	292.5M
2020	292.8M	286.3M	264.3M	250.9M
2019	271.4M	279.5M	287.3M	295.3M
2018	250.5M	253.2M	256.0M	259.7M
2017	203.9M	237.1M	248.7M	250.3M
2016	245.1M	185.9M	180.2M	189.9M
2015	188.3M	224.2M	233.4M	237.0M
2014	172.7M	181.4M	188.0M	195.0M
2013	141.0M	149.1M	161.3M	168.3M
2012	115.3M	118.8M	120.3M	128.6M
2011	136.1M	131.3M	122.3M	115.1M
2010	136.1M	137.7M	139.4M	141.0M
2009	0	0	0	134.4M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Acadia Realty Trust

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 03, 2024	gottfried john j.	sold	-211,141	16.8913	-12,500	executive vp and cfo
May 03, 2024	hartmann richard	acquired	-	-	25,000	sr. vp
May 03, 2024	hartmann richard	sold	-427,622	17.1049	-25,000	sr. vp
May 03, 2024	gottfried john j.	acquired	-	-	12,500	executive vp and cfo
May 02, 2024	spitz william t.	acquired	200,011	17.06	11,724	-
May 02, 2024	thurber lynn c	acquired	200,011	17.06	11,724	-
Mar 15, 2024	zoba c david	bought	16,300	16.3	1,000	-
Mar 04, 2024	napolitano joseph	acquired	-	-	49,525	sr. vp
Mar 04, 2024	napolitano joseph	sold	-830,609	16.7715	-49,525	sr. vp
Dec 05, 2023	crocker douglas ii	sold	-448,328	15.87	-28,250	-

Which funds bought or sold AKR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	TEXAS PERMANENT SCHOOL FUND CORP	added	8.73	123,863	1,522,560	0.01%
May 06, 2024	Parallel Advisors, LLC	new	-	289	289	-%
May 06, 2024	SG Americas Securities, LLC	sold off	-100	-1,074,000	-	-%
May 06, 2024	TEACHER RETIREMENT SYSTEM OF TEXAS	added	4.63	24,000	532,000	-%
May 03, 2024	SIGNATUREFD, LLC	new	-	36,606	36,606	-%
May 03, 2024	OREGON PUBLIC EMPLOYEES RETIREMENT FUND	reduced	-1.79	-7,947	466,278	0.01%
May 03, 2024	Glassman Wealth Services	sold off	-100	-357	-	-%
May 03, 2024	Smartleaf Asset Management LLC	new	-	2,595	2,595	-%
May 03, 2024	VICTORY CAPITAL MANAGEMENT INC	added	67.54	906,780	2,245,540	-%
May 03, 2024	EASTERLY INVESTMENT PARTNERS LLC	new	-	18,139,200	18,139,200	1.39%

Are Funds Buying or Selling AKR?

Are funds buying AKR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own AKR

No. of Funds

Unveiling Acadia Realty Trust's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	price t rowe associates inc /md/	8.9%	8,460,179	SC 13G/A
Feb 14, 2024	cohen & steers, inc.	16.56%	15,790,037	SC 13G/A
Feb 13, 2024	vanguard group inc	16.25%	15,490,684	SC 13G/A
Jan 29, 2024	state street corp	6.54%	6,239,558	SC 13G/A
Jan 19, 2024	blackrock inc.	19.3%	18,431,694	SC 13G/A
Feb 14, 2023	price t rowe associates inc /md/	6.1%	5,818,835	SC 13G/A
Feb 14, 2023	cohen & steers, inc.	15.40%	14,620,962	SC 13G/A
Feb 09, 2023	vanguard group inc	16.46%	15,626,428	SC 13G/A
Feb 08, 2023	state street corp	6.56%	6,232,276	SC 13G/A
Jan 26, 2023	blackrock inc.	19.5%	18,475,860	SC 13G/A

Recent SEC filings of Acadia Realty Trust

View All Filings

Date Filed	Form Type	Document
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 07, 2024	8-K	Current Report
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading

Peers (Alternatives to Acadia Realty Trust)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	84.7B	11.2B	-4.62%	-6.12%	42.91	7.56	3.63%	50.79%
CCI	41.8B	6.8B	-4.58%	-17.37%	29.96	6.1	-2.39%	-16.60%
AVB	27.9B	2.8B	8.20%	8.63%	29.16	9.93	5.72%	-6.47%
ARE	20.9B	3.0B	-3.93%	-2.18%	106.61	7.09	10.44%	-73.79%
AMH	13.4B	-	1.39%	3.90%	31.65	8.24	8.93%	11.87%
REG	11.0B	1.4B	1.05%	-0.44%	29.39	8.02	10.48%	-2.93%
BXP	9.6B	3.3B	-0.78%	19.54%	50.23	2.92	5.31%	-77.32%
MID-CAP
FRT	8.5B	1.2B	3.38%	9.20%	35.86	7.43	5.48%	-38.69%
SLG	3.3B	892.3M	-0.89%	140.04%	-6.5	3.73	-5.33%	-307.54%
MAC	3.3B	884.1M	-5.40%	54.41%	-12	3.72	2.90%	-314.82%
SMALL-CAP
AAT	1.3B	444.1M	6.11%	16.74%	19.54	3.02	3.54%	8.91%
AIV	1.2B	198.2M	5.61%	1.35%	-7.62	5.71	-43.33%	-270.70%
MFA	1.1B	650.2M	-3.45%	1.92%	35.5	1.67	27.93%	140.31%
NYMT	562.0M	285.4M	-13.60%	-37.59%	-4.08	1.97	11.05%	83.70%
IVR	442.4M	277.9M	3.16%	-10.49%	-27.9	1.59	44.33%	96.06%

Acadia Realty Trust News

Latest updates

Acadia Realty Trust Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	6.8%	91,356	85,513	81,392	89,948	81,839	80,578	79,946	84,259	81,507	79,357	71,896	73,057	68,187	64,434	51,281	63,773	71,420	77,786	73,327	70,229	73,985
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	-	-	2,699	-	-	-	334	-	-	-	-
Costs and Expenses	1.7%	76,150	74,894	74,701	70,290	69,731	71,330	102,784	70,827	70,280	68,902	73,370	66,043	64,047	113,544	65,330	70,016	117,763	-	-	-	-
Operating Expenses	11.5%	9,986	8,955	9,189	8,708	8,632	6,090	8,443	8,067	7,258	7,420	7,174	7,095	6,451	15,905	6,234	-6,183	6,579	-211,947	64,118	63,143	59,791
S&GA Expenses	-7.6%	9,768	10,572	10,309	10,643	9,946	11,298	10,170	10,661	11,937	10,570	9,910	10,653	8,992	9,383	8,625	8,720	9,070	8,720	8,222	9,034	8,323
EBITDA Margin	-10.5%	0.61*	0.69*	0.64*	0.41*	0.36*	0.39*	0.34*	0.71*	0.77*	0.65*	0.71*	0.52*	-	-	-	-	-	-	-	-	-
Interest Expenses	-41.8%	31,612	54,288	10,742	9,901	23,107	31,348	7,130	6,589	11,882	18,143	4,978	4,824	11,432	38,131	4,865	5,014	14,156	28,071	5,888	5,639	16,898
Income Taxes	-41.5%	31.00	53.00	-40.00	165	123	5.00	-17.00	209	-185	-306	59.00	192	148	1,010	74.00	137	-952	-157	1,403	265	-46.00
Earnings Before Taxes	33.0%	-6,826	-10,182	-16,308	2,917	22,125	-3,973	-89,562	-15,616	43,912	-6,497	31,131	644	845	-31,286	-38,215	65,043	-60,991	16,538	10,243	-4,972	2,890
EBT Margin	-1942.1%	-0.09*	0.00*	0.01*	-0.21*	-0.27*	-0.20*	-0.21*	0.17*	0.23*	0.09*	0.00*	-0.26*	-	-	-	-	-	-	-	-	-
Net Income	33.0%	-6,857	-10,235	-16,268	2,752	22,002	-3,978	-89,545	-15,825	44,097	-6,191	31,072	452	697	-32,296	-38,289	64,906	-60,039	14,665	8,840	-5,237	2,936
Net Income Margin	-1602.2%	-0.09*	-0.01*	0.01*	-0.21*	-0.27*	-0.20*	-0.21*	0.17*	0.23*	0.09*	0.00*	-0.27*	-	-	-	-	-	-	-	-	-
Free Cashflow	-36.0%	25,988	40,591	25,672	30,063	59,432	32,733	35,719	38,216	26,543	33,597	20,825	19,587	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.5%	4,272	4,291	4,281	4,204	4,194	4,303	4,363	4,439	4,496	4,262	4,184	4,029	4,094	4,131	4,251	4,329	4,305	4,252	4,330	4,210	4,044
Cash Equivalents	7.5%	19.00	17.00	19.00	17.00	17.00	17.00	18.00	24.00	36.00	18.00	16.00	33.00	14.00	19.00	15.00	33.00	22.00	14.00	28.00	28.00	28.00
Liabilities	-7.3%	2,000	2,158	2,101	2,006	2,001	2,054	2,082	2,076	2,088	2,112	2,103	1,973	2,069	2,081	2,199	2,235	2,294	2,122	2,100	2,110	1,933
Long Term Debt	-7.8%	1,724	1,870	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	7.6%	1,761	1,637	1,685	2,138	2,130	2,181	2,209	2,363	2,408	2,150	2,142	2,117	2,086	2,050	2,052	2,093	2,012	2,188	2,230	2,100	2,106
Retained Earnings	-4.4%	-364	-349	-330	-312	-304	-300	-287	-214	-196	-196	-185	-184	-174	-167	-156	-147	-166	-132	-129	-115	-100
Additional Paid-In Capital	6.4%	2,078	1,954	1,950	1,948	1,945	1,945	1,940	1,896	1,864	1,754	1,733	1,731	1,684	1,683	1,695	1,693	1,687	1,706	1,693	1,626	1,578
Shares Outstanding	8.2%	103	95.00	95.00	95.00	95.00	95.00	95.00	95.00	95.00	89.00	88.00	88.00	-	-	-	-	-	-	-	-	-
Minority Interest	4.2%	465	446	439	60.00	459	489	72.00	671	747	628	-	-	620	-	599	638	577	646	710	619	640
Float	-	-	-	-	1,371	-	-	-	1,483	-	-	-	3,145	-	-	-	2,362	-	-	-	2,312	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-36.0%	25,988	40,591	25,672	30,063	59,432	32,733	35,719	38,216	26,543	33,597	20,825	19,587	30,974	21,441	23,446	31,082	27,978	36,195	32,958	42,444	19,785
Share Based Compensation	59.4%	4,245	2,663	2,300	2,800	4,885	2,892	1,900	2,200	3,820	2,985	2,300	2,300	4,511	2,627	2,100	2,100	3,819	2,849	1,700	1,800	3,454
Cashflow From Investing	96.8%	-3,829	-118,466	-63,418	-23,041	-3,612	20,776	-3,061	8,168	-150,056	-116,970	-114,108	19,928	12,612	-6,631	-7,050	3,485	-90,728	-50,914	-126,106	-140,505	-93,013
Cashflow From Financing	-127.0%	-20,539	75,989	35,408	-8,886	-56,659	-51,991	-36,899	-59,466	143,980	83,410	76,064	-20,962	-47,193	-12,815	-34,962	-23,836	70,356	-16,640	107,988	103,936	78,672
Dividend Payments	0.1%	17,165	17,155	17,161	17,130	17,122	17,092	17,087	17,011	13,396	13,268	13,263	12,945	-	-	-	24,937	25,245	24,261	23,647	23,158	22,836
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	45,677	-	1.00	11,168	34.00	22,400	-	-	-	-

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AKR Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues	$ 91,356	$ 81,839
Expenses
Depreciation and amortization	34,940	33,173
General and administrative	9,768	9,946
Real estate taxes	12,346	11,479
Property operating	19,096	15,133
Total expenses	76,150	69,731
Loss related to a previously disposed property	(1,198)	0
Operating income	14,008	12,108
Equity in (losses) earnings of unconsolidated affiliates	(312)	29
Interest income	5,238	4,818
Realized and unrealized holding (losses) gains on investments and other	(2,051)	26,757
Interest expense	(23,709)	(21,587)
(Loss) income from continuing operations before income taxes	(6,826)	22,125
Income tax provision	(31)	(123)
Net income (loss)	(6,857)	22,002
Net loss attributable to redeemable noncontrolling interests	2,554	2,075
Net loss (income) attributable to noncontrolling interests	7,572	(10,717)
Net income attributable to Acadia shareholders	$ 3,269	$ 13,360
Basic income per share	$ 0.03	$ 0.14
Diluted income per share	$ 0.03	$ 0.14
Weighted average shares for basic income per share	102,127,715	95,189,490
Weighted average shares for diluted income per share	102,127,715	95,189,490
Rental Income
Revenues	$ 86,037	$ 80,737
Other
Revenues	$ 5,319	$ 1,102

AKR Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands

Mar. 31, 2024

Dec. 31, 2023

ASSETS

Operating real estate, net

$ 3,499,695

$ 3,517,281

Real estate under development

96,594

94,799

Net investments in real estate

3,596,289

3,612,080

Notes receivable, net ($1,416 and $1,279 of allowance for credit losses as of March 31, 2024 and December 31, 2023, respectively)

118,877

124,949

Investments in and advances to unconsolidated affiliates

198,702

197,240

Other assets, net

212,699

208,460

Right-of-use assets - operating leases, net

28,348

29,286

Cash and cash equivalents

18,795

17,481

Restricted cash

8,119

7,813

Marketable securities

27,274

33,284

Rents receivable, net

51,532

49,504

Assets of properties held for sale

11,147

11,057

Total assets

^[1]

4,271,782

^[2]

4,291,154

LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY

Mortgage and other notes payable, net

962,468

930,127

Unsecured notes payable, net

646,524

726,727

Unsecured line of credit

114,687

213,287

Accounts payable and other liabilities

218,116

229,375

Lease liability - operating leases

30,620

31,580

Dividends and distributions payable

19,978

18,520

Distributions in excess of income from, and investments in, unconsolidated affiliates

7,858

7,982

Total liabilities

^[1]

2,000,251

2,157,598

Commitments and contingencies (Note 9)

Redeemable noncontrolling interests (Note 10)

45,462

50,339

Acadia Shareholders' Equity

Common shares, $0.001 par value per share, authorized 200,000,000 shares, issued and outstanding 103,155,933 and 95,361,676 shares, respectively

103

Additional paid-in capital

2,078,295

1,953,521

Accumulated other comprehensive income

46,942

32,442

Distributions in excess of accumulated earnings

(364,440)

(349,141)

Total Acadia shareholders’ equity

1,760,900

1,636,917

Noncontrolling interests

465,169

446,300

Total equity

2,226,069

2,083,217

Total liabilities, redeemable noncontrolling interests, and equity

$ 4,271,782

$ 4,291,154

[1]

Represents the consolidated assets and liabilities of Acadia Realty Limited Partnership (the "Operating Partnership"), which is a consolidated variable interest entity ("VIE") (Note 15). The consolidated balance sheets include the following amounts related to our consolidated VIEs that are consolidated by the Operating Partnership: $1,672.4 million and $1,679.8 million of Operating real estate, net; $29.0 million and $28.9 million of Real estate under development; $90.2 million and $92.8 million of Investments in and advances to unconsolidated affiliates; $96.7 million and $101.7 million of Other assets, net; $2.0 million and $2.1 million of Right-of-use assets - operating leases, net; $15.5 million and $10.8 million of Cash and cash equivalents; $6.6 million and $7.0 million of Restricted cash; $22.5 million and $21.4 million of Rents receivable, net; $804.7 million and $764.6 million of Mortgage and other notes payable, net; $0.0 million and $80.5 million of Unsecured notes payable, net; $130.5 million and $127.2 million of Accounts payable and other liabilities; $2.1 million and $2.2 million of Lease liability- operating leases, net as of March 31, 2024 and December 31, 2023, respectively.

[2]

otal assets for the Funds segment include $553.4 million and $670.8 million related to Fund II’s City Point property as of March 31, 2024 and 2023, respectively.

About Acadia Realty Trust

Acadia Realty Trust is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual Ã‚â€“ Core Portfolio and Fund Ã‚â€“ 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.

CEO	Mr. Kenneth F. Bernstein
WEBSITE	acadiarealty.com
INDUSTRY	REIT Mortgage
EMPLOYEES	115

Acadia Realty Trust Frequently Asked Questions

What is the ticker symbol for Acadia Realty Trust? What does AKR stand for in stocks?

AKR is the stock ticker symbol of Acadia Realty Trust. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Acadia Realty Trust (AKR)?

As of Tue May 07 2024, market cap of Acadia Realty Trust is 1.77 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AKR stock?

You can check AKR's fair value in chart for subscribers.

What is the fair value of AKR stock?

You can check AKR's fair value in chart for subscribers. The fair value of Acadia Realty Trust is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Acadia Realty Trust is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AKR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Acadia Realty Trust a good stock to buy?

The fair value guage provides a quick view whether AKR is over valued or under valued. Whether Acadia Realty Trust is cheap or expensive depends on the assumptions which impact Acadia Realty Trust's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AKR.

What is Acadia Realty Trust's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, AKR's PE ratio (Price to Earnings) is -57.81 and Price to Sales (PS) ratio is 5.08. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AKR PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Acadia Realty Trust's stock?

In the past 10 years, Acadia Realty Trust has provided -0.017 (multiply by 100 for percentage) rate of return.