Acadia Realty Trust
AKR

$20.44

2.77%

Market Cap: 2.11B

About: Acadia Realty Trust is a real estate investment trust that specializes in the operation, management, leasing, renovation, and acquisition of shopping centers and mixed-use properties with retail components. The company's portfolios are located primarily in metropolitan areas of the United States. The company operates through three segments: core portfolio, which consists primarily of high-quality retail properties located primarily in high-barrier-to-entry, densely-populated metropolitan areas with a long-term investment horizon and generates the majority of total revenue; funds, which comprises the funds launched by the trust; and structured financing, which consists of notes receivable and related interest income.

Employees: 117

Financials Real Estate Investment Trusts

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

93% more repeat investments, than reductions

Existing positions increased: 85 | Existing positions reduced: 44

80% more call options, than puts

Call options by funds: $9K | Put options by funds: $5K

37% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 19

8% more capital invested

Capital invested by funds: $1.7B [Q4 2023] → $1.83B (+$131M) [Q1 2024]

4% more funds holding

Funds holding: 173 [Q4 2023] → 180 (+7) [Q1 2024]

0.38% less ownership

Funds ownership: 105.05% [Q4 2023] → 104.67% (-0.38%) [Q1 2024]

100% less funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 0 (-1) [Q1 2024]

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Research analyst outlook

2 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$18

12%

downside

Avg. target

$19

7%

downside

High target

$20

2%

downside

2 analyst ratings

1 positive

50%

1 neutral

50%

0 negative

0%

JP Morgan Michael Mueller	12%downside $18	Neutral Upgraded	26 Jun 2024
B of A Securities Craig Schmidt	2%downside $20	Buy Upgraded	5 Apr 2024

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Financial journalist opinion

Zacks Investment Research

Are Finance Stocks Lagging Acadia Realty Trust (AKR) This Year?

Here is how Acadia Realty Trust (AKR) and Brown & Brown (BRO) have performed compared to their sector so far this year.

Are Finance Stocks Lagging Acadia Realty Trust (AKR) This Year?

Acadia Realty Trust to Announce Second Quarter 2024 Earnings on July 30, 2024

RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE:AKR) (“Acadia” or the “Company”) will release its second quarter 2024 earnings on Tuesday, July 30, 2024, after market close. Management will conduct a conference call on Wednesday, July 31, 2024, at 11:00 AM ET to review the Company's earnings and operating results. Participant registration and webcast information is listed below. Live Conference Call: Date: Wednesday, July 31, 2024 Time: 11:00 AM ET Participant Call: Second Quarter 2024 Di.

Acadia Realty Trust to Announce Second Quarter 2024 Earnings on July 30, 2024

Acadia Realty Trust to Present at NAREIT's REITweek®: 2024 Investor Conference

RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today announced that it will participate in NAREIT's REITweek®: 2024 Investor Conference. NAREIT REITweek®: 2024 Investor Conference Acadia will participate in NAREIT's REITweek®: 2024 Investor Conference which will be held June 3-6, 2024. Kenneth F. Bernstein, Acadia's President and Chief Executive Officer, is scheduled to make a company presentation on Tuesday, June 4, 2024, at 2:15 p.m. ET. The Company's.

Acadia Realty Trust to Present at NAREIT's REITweek®: 2024 Investor Conference

Acadia Realty Trust Completes Transaction With Institutional Partner

RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) announced the formation of a strategic relationship with J.P. Morgan Asset Management (“JPM”) to pursue the acquisition of retail assets, including assets currently owned by the Company. This strategic relationship commenced with the Company selling a 95% interest in Shops at Grand, a grocery-anchored shopping center located in Maspeth, New York to J.P. Morgan Real Estate Income Trust, Inc., which is externa.

Acadia Realty Trust Completes Transaction With Institutional Partner

J.P. Morgan Real Estate Income Trust, Inc. Acquires Grocery-Anchored Retail Shopping Center in Queens, New York

NEW YORK , May 16, 2024 /PRNewswire/ -- J.P. Morgan Real Estate Income Trust, Inc. (JPMREIT) announced today it acquired a 95% interest in Shops at Grand Avenue, a 99,837-square foot, 100% leased, Class A grocery–anchored shopping center in the Maspeth neighborhood of Queens, NY.

J.P. Morgan Real Estate Income Trust, Inc. Acquires Grocery-Anchored Retail Shopping Center in Queens, New York

Acadia Realty Trust Announces $0.18 Per Share Quarterly Dividend

RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE:AKR) (“Acadia” or the “Company”) today announced that its Board of Trustees has declared a cash dividend of $0.18 per common share for the quarter ended June 30, 2024. The quarterly dividend is payable on July 15, 2024 to holders of record as of June 28, 2024. About Acadia Acadia Realty Trust is an equity real estate investment trust (“REIT”) focused on delivering long-term, profitable growth. Acadia operates a high-quality core real estate.

Acadia Realty Trust Announces $0.18 Per Share Quarterly Dividend

Acadia Realty Trust (AKR) Q1 2024 Earnings Call Transcript

Acadia Realty Trust (NYSE:AKR ) Q1 2024 Results Conference Call April 30, 2024 11:00 AM ET Company Participants Jose Vilchez - Capital Markets Analyst Ken Bernstein - President and CEO A.J. Levine - Senior Vice President, Leasing and Development John Gottfried - Executive Vice President, Chief Financial Officer Stuart Seeley - Senior Managing Director of Strategy and Public Markets Conference Call Participants Lizzy Doykan - BofA Securities Todd Thomas - KeyBanc Capital Markets Linda Tsai - Jefferies Group Craig Mailman - Citi Ki Bin Kim - Truist Michael Mueller - JPMorgan Floris Van Dijkum - Compass Point Paulina Rojas-Schmidt - Green Street Operator Thank you for standing by, and welcome to Acadia Realty Trust First Quarter 2024 Earnings Conference Call.

Acadia Realty Trust (AKR) Q1 2024 Earnings Call Transcript

Acadia Realty Trust Reports First Quarter Operating Results

RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today reported operating results for the quarter ended March 31, 2024. For the quarter ended March 31, 2024, net earnings per share was $0.03. All per share amounts are on a fully-diluted basis, where applicable. Acadia operates a high-quality core real estate portfolio ("Core" or "Core Portfolio"), in the nation's most dynamic retail corridors, along with a fund business ("Funds") that targets opportunistic.

Acadia Realty Trust Reports First Quarter Operating Results

Zacks Investment Research

Why Earnings Season Could Be Great for Acadia Realty Trust (AKR)

Acadia Realty Trust (AKR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Earnings Season Could Be Great for Acadia Realty Trust (AKR)

Acadia Realty Trust Announces Expanded $750 Million Senior Unsecured Revolving Credit and Term Loan Facility

RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (the “Company”) announced today that it closed on a $750 million amended and restated credit facility, which replaces and extends the Company's existing $700 million credit facility. The facility was oversubscribed and maintained the pricing spread from the prior facility while improving its financial covenant package. The amended and restated credit facility matures on April 15, 2028 (with two six-month extension options) and has an a.

Acadia Realty Trust Announces Expanded $750 Million Senior Unsecured Revolving Credit and Term Loan Facility

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