Acadia Realty Trust (NYSE:AKR) Releases FY 2025 Earnings Guidance

Acadia Realty Trust (NYSE:AKR) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.300-1.390 for the period, compared to the consensus earnings per share estimate of 1.330. The company issued revenue guidance of -.

Acadia Realty Trust Stock Performance

Shares of NYSE AKR traded up $0.48 during midday trading on Tuesday, hitting $23.75. 1,020,708 shares of the company’s stock were exchanged, compared to its average volume of 877,530. Acadia Realty Trust has a 12 month low of $16.09 and a 12 month high of $26.29. The company’s 50 day moving average price is $23.72 and its 200 day moving average price is $23.43. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.67. The firm has a market capitalization of $2.84 billion, a PE ratio of 263.92, a price-to-earnings-growth ratio of 6.24 and a beta of 1.46.

Acadia Realty Trust (NYSE:AKR) last released its quarterly earnings data on Tuesday, February 11th. The real estate investment trust reported $0.32 EPS for the quarter, beating the consensus estimate of $0.09 by $0.23. Acadia Realty Trust had a net margin of 3.07% and a return on equity of 0.48%. As a group, analysts predict that Acadia Realty Trust will post 1.28 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on AKR. StockNews.com cut Acadia Realty Trust from a “hold” rating to a “sell” rating in a report on Monday, December 2nd. Truist Financial upped their price objective on Acadia Realty Trust from $23.00 to $27.00 and gave the company a “hold” rating in a report on Thursday, December 5th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $23.00.

About Acadia Realty Trust

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