Acadia Realty Trust Key Executives

This section highlights Acadia Realty Trust's key executives, including their titles and compensation details.

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Acadia Realty Trust Earnings

This section highlights Acadia Realty Trust's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.

Next Earnings Date

Date: May 05, 2025
Time: Before Market
Est. EPS: $0.33
Status: Unconfirmed

Last Earnings Results

Date: February 11, 2025
EPS: $0.32
Est. EPS: $0.09
Revenue: $93.33M

Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS
Read Transcript Q4 2024 2025-02-12 N/A N/A
Read Transcript Q3 2024 2024-10-28 $0.32 $0.32
Read Transcript Q2 2024 2024-07-31 N/A N/A
Read Transcript Q1 2024 2024-04-30 N/A N/A
Read Transcript Q4 2023 2024-02-14 N/A N/A
Read Transcript Q3 2023 2023-10-31 N/A N/A
Read Transcript Q2 2023 2023-08-06 N/A N/A
Read Transcript Q1 2023 2023-05-03 N/A N/A

Acadia Realty Trust (AKR)

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.

Real Estate REIT - Retail

$21.31

Stock Price

$2.55B

Market Cap

129

Employees

Rye, NY

Location

Financial Statements

Access annual & quarterly financial statements for Acadia Realty Trust, including income statements, balance sheets, and cash flow statements..

Annual Income Statement

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Revenue $359.69M $338.69M $326.29M $292.50M $255.48M
Cost of Revenue $112.05M $108.48M $101.93M $98.87M $100.10M
Gross Profit $247.64M $230.22M $224.36M $193.62M $155.38M
Gross Profit Ratio 68.85% 68.00% 68.76% 66.20% 60.82%
Research and Development Expenses $- $- $-0 $0 $-0
General and Administrative Expenses $40.56M $41.47M $44.07M $40.12M $36.05M
Selling and Marketing Expenses $- $- $- $- $-
Selling General and Administrative Expenses $40.56M $41.47M $44.07M $40.12M $36.05M
Other Expenses $141.42M $- $135.92M $123.44M $149.79M
Operating Expenses $181.98M $151.72M $179.98M $163.56M $185.85M
Cost and Expenses $294.03M $287.23M $281.91M $262.44M $285.95M
Interest Income $25.09M $19.99M $14.64M $9.06M $8.98M
Interest Expense $92.56M $93.25M $80.21M $68.97M $72.06M
Depreciation and Amortization $138.91M $135.98M $282.31M $272.36M $366.65M
EBITDA $239.82M $194.39M $162.03M $167.89M $115.86M
EBITDA Ratio 66.67% 57.40% 49.66% 57.40% 49.74%
Operating Income $65.66M $46.07M $26.11M $44.45M $-22.72M
Operating Income Ratio 18.25% 13.60% 8.00% 15.20% -8.89%
Total Other Income Expenses Net $-57.31M $-47.52M $-91.35M $-4.53M $-34.08M
Income Before Tax $8.35M $-1.45M $-65.24M $25.20M $-65.77M
Income Before Tax Ratio 2.32% -0.43% -19.99% 8.62% -25.74%
Income Tax Expense $212.00K $301.00K $12.00K $93.00K $271.00K
Net Income $21.65M $19.87M $-65.25M $23.55M $-66.04M
Net Income Ratio 6.02% 5.87% -20.00% 8.05% -25.85%
EPS $0.20 $0.20 $-0.69 $0.26 $-0.76
EPS Diluted $0.20 $0.20 $-0.69 $0.26 $-0.76
Weighted Average Shares Outstanding 108.35M 95.28M 94.58M 87.65M 86.44M
Weighted Average Shares Outstanding Diluted 108.35M 95.28M 94.64M 87.65M 86.44M
SEC Filing Source Source Source Source Source


Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Revenue $93.33M $87.75M $87.25M $91.36M $100.52M $81.39M $89.95M $81.84M $80.58M $79.95M $84.26M $81.51M $79.36M $71.90M $74.66M $69.39M $69.01M $51.28M $63.77M $71.42M
Cost of Revenue $29.31M $25.54M $60.04M $66.38M $64.32M $26.98M $25.59M $26.61M $26.54M $25.56M $25.20M $24.63M $26.14M $23.47M $25.39M $24.94M $26.58M $22.25M $27.50M $23.77M
Gross Profit $64.03M $62.21M $27.21M $24.97M $36.20M $54.41M $64.36M $55.23M $54.03M $54.39M $59.06M $56.88M $53.22M $48.42M $49.27M $44.45M $42.43M $29.03M $36.27M $47.65M
Gross Profit Ratio 68.60% 70.90% 31.20% 27.30% 36.00% 66.90% 71.50% 67.50% 67.10% 68.00% 70.10% 69.80% 67.10% 67.40% 66.00% 64.10% 61.48% 56.62% 56.87% 66.72%
Research and Development Expenses $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
General and Administrative Expenses $10.40M $10.21M $10.18M $9.77M $10.57M $10.31M $10.64M $9.95M $11.30M $10.17M $10.66M $11.94M $10.57M $9.91M $10.67M $9.00M $9.64M $8.62M $8.72M $9.07M
Selling and Marketing Expenses $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Selling General and Administrative Expenses $10.40M $10.21M $10.18M $9.77M $10.57M $10.31M $10.64M $9.95M $11.30M $10.17M $10.66M $11.94M $10.57M $9.91M $10.67M $9.00M $9.64M $8.62M $8.72M $9.07M
Other Expenses $37.26M $34.50M $34.28M $-9.77M $-10.57M $37.41M $34.06M $33.17M $33.49M $33.74M $34.97M $33.71M $32.20M $30.87M $31.34M $31.39M $48.17M $34.46M $33.79M $-530.00K
Operating Expenses $47.66M $44.72M $44.46M $9.77M $10.57M $47.72M $44.70M $43.12M $44.79M $43.91M $45.63M $45.65M $42.77M $39.97M $42.02M $40.39M $57.81M $43.08M $42.51M $42.45M
Cost and Expenses $76.96M $69.25M $70.22M $76.15M $74.89M $74.70M $70.29M $69.73M $71.33M $69.47M $70.83M $70.28M $68.90M $63.45M $67.41M $65.33M $84.39M $65.33M $70.02M $66.21M
Interest Income $6.58M $7.86M $5.41M $5.24M $5.12M $5.09M $4.97M $4.82M $4.75M $3.99M $2.96M $2.94M $2.96M $2.35M $2.05M $1.70M $1.82M $2.13M $2.10M $2.93M
Interest Expense $21.90M $23.36M $23.58M $23.71M $24.69M $24.89M $22.09M $21.59M $21.90M $21.16M $19.22M $17.93M $18.55M $16.77M $17.61M $17.14M $17.69M $17.75M $18.32M $18.30M
Depreciation and Amortization $35.19M $34.50M $34.28M $34.94M $35.03M $33.73M $34.06M $33.17M $33.49M $33.74M $34.97M $33.71M $32.20M $30.87M $31.34M $31.39M $48.17M $34.46M $33.79M $33.38M
EBITDA $58.26M $51.99M $56.04M $50.08M $60.65M $44.10M $53.71M $45.28M $60.75M $-43.29M $48.40M $51.01M $42.65M $41.24M $38.59M $35.46M $28.19M $20.41M $27.55M $-9.31M
EBITDA Ratio 62.43% 59.25% 58.81% 54.89% 60.34% -9.17% 63.64% 61.25% 75.39% -2.96% 62.48% 62.58% 60.21% 57.36% 55.93% 56.81% 48.59% 42.74% 45.25% 59.14%
Operating Income $16.37M $17.49M $17.03M $15.21M $25.62M $6.69M $19.66M $16.95M $27.26M $10.47M $25.65M $17.29M $10.46M $-1.47M $13.16M $8.68M $-49.25M $-14.03M $-5.76M $-46.34M
Operating Income Ratio 17.54% 19.94% 19.52% 16.64% 25.49% 8.22% 21.85% 20.72% 33.83% 13.10% 30.44% 21.22% 13.17% -2.05% 17.63% 12.51% -71.37% -27.35% -9.03% -64.89%
Total Other Income Expenses Net $-15.20M $-5.22M $-15.29M $-21.96M $-20.80M $-23.00M $-16.74M $10.02M $-20.47M $-75.61M $-41.26M $3.87M $-19.38M $22.54M $-11.73M $-5.61M $17.65M $-24.19M $70.80M $-14.65M
Income Before Tax $1.17M $12.27M $1.74M $-6.83M $-10.18M $-16.31M $2.92M $22.12M $-3.97M $-89.56M $-15.62M $43.91M $-7.30M $30.97M $1.43M $2.01M $-31.60M $-38.22M $65.04M $-60.99M
Income Before Tax Ratio 1.25% 13.98% 1.99% -7.47% -10.13% -20.04% 3.24% 27.03% -4.93% -112.03% -18.53% 53.88% -9.20% 43.08% 1.91% 2.90% -45.80% -74.52% 101.99% -85.40%
Income Tax Expense $11.00K $15.00K $155.00K $31.00K $53.00K $40.00K $165.00K $123.00K $5.00K $-17.00K $209.00K $-185.00K $-306.00K $59.00K $194.00K $150.00K $1.01M $74.00K $137.00K $-952.00K
Net Income $8.52M $8.41M $1.15M $3.27M $-1.58M $-16.35M $9.28M $22.00M $-3.98M $-89.55M $-374.00K $44.10M $2.72M $11.88M $3.92M $5.16M $-10.72M $-9.03M $19.41M $-8.41M
Net Income Ratio 9.13% 9.59% 1.32% 3.58% -1.57% -20.09% 10.31% 26.88% -4.94% -112.01% -0.44% 54.10% 3.43% 16.53% 5.25% 7.44% -15.54% -17.61% 30.44% -11.78%
EPS $0.07 $0.07 $0.01 $0.03 $-0.02 $-0.17 $0.09 $0.23 $-0.04 $-0.94 $0.00 $0.47 $0.03 $0.13 $0.04 $0.05 $-0.13 $-0.10 $0.22 $-0.10
EPS Diluted $0.07 $0.07 $0.01 $0.03 $-0.02 $-0.17 $0.09 $0.23 $-0.04 $-0.94 $0.00 $0.47 $0.03 $0.13 $0.04 $0.05 $-0.12 $-0.10 $0.22 $-0.10
Weighted Average Shares Outstanding 108.35M 108.35M 103.59M 102.13M 95.36M 95.32M 95.26M 95.19M 95.07M 94.98M 94.94M 93.29M 88.95M 88.48M 86.82M 86.32M 84.04M 86.31M 86.18M 84.14M
Weighted Average Shares Outstanding Diluted 108.35M 108.35M 103.59M 102.13M 95.36M 95.32M 95.26M 95.19M 95.07M 95.25M 94.94M 93.34M 88.95M 88.48M 86.82M 86.35M 86.31M 86.31M 86.18M 86.97M
SEC Filing Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source

Annual Balance Sheet

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Cash and Cash Equivalents $16.81M $17.48M $17.16M $17.75M $19.23M
Short Term Investments $14.77M $33.28M $54.90M $7.00K $1.00K
Cash and Short Term Investments $31.58M $50.77M $17.16M $17.75M $19.23M
Net Receivables $184.61M $205.55M $49.51M $43.62M $43.05M
Inventory $- $- $-17.50M $203.77M $247.20M
Other Current Assets $- $34.65M $43.62M $92.64M $18.82M
Total Current Assets $216.18M $290.97M $216.69M $289.02M $179.51M
Property Plant Equipment Net $25.53M $29.29M $37.28M $40.74M $76.27M
Goodwill $- $- $- $- $-
Intangible Assets $86.85M $100.59M $102.37M $108.92M $100.73M
Goodwill and Intangible Assets $86.85M $100.59M $102.37M $108.92M $100.73M
Long Term Investments $209.23M $197.24M $291.16M $322.33M $249.81M
Tax Assets $- $- $4.30B $3.31B $3.41B
Other Non-Current Assets $3.74B $3.67B $-647.50M $186.37M $173.81M
Total Non-Current Assets $4.07B $4.00B $4.09B $3.97B $4.01B
Other Assets $88.91M $- $- $- $-
Total Assets $4.37B $4.29B $4.30B $4.26B $4.19B
Account Payables $68.35M $61.42M $59.92M $56.58M $52.40M
Short Term Debt $14.00M $213.29M $340.07M $112.91M $138.40M
Tax Payables $- $- $- $- $-
Deferred Revenue $39.35M $34.39M $34.50M $38.37M $31.84M
Other Current Liabilities $41.02M $26.50M $-40.82M $1.53B $290.31M
Total Current Liabilities $162.72M $335.60M $393.68M $373.72M $512.89M
Long Term Debt $1.66B $1.72B $1.50B $1.74B $1.66B
Deferred Revenue Non-Current $- $- $34.50M $38.37M $31.84M
Deferred Tax Liabilities Non-Current $- $- $-139.95M $-128.20M $-120.45M
Other Non-Current Liabilities $16.11M $258.56M $164.77M $-1.41B $-70.89M
Total Non-Current Liabilities $1.68B $1.98B $1.66B $1.74B $1.63B
Other Liabilities $- $-157.73M $- $- $-
Total Liabilities $1.84B $2.16B $2.05B $2.11B $2.14B
Preferred Stock $- $- $- $- $-
Common Stock $120.00K $95.00K $95.00K $89.00K $86.00K
Retained Earnings $- $-349.14M $-300.40M $-196.90M $-167.05M
Accumulated Other Comprehensive Income Loss $38.65M $32.44M $46.82M $-36.21M $-74.89M
Other Total Stockholders Equity $2.03B $1.95B $1.95B $1.75B $1.68B
Total Stockholders Equity $2.07B $1.64B $1.69B $1.52B $1.44B
Total Equity $2.10B $2.13B $2.25B $2.15B $2.05B
Total Liabilities and Stockholders Equity $4.37B $4.29B $4.30B $4.26B $4.19B
Minority Interest $30.58M $496.64M $557.03M $628.21M $607.24M
Total Liabilities and Total Equity $4.37B $4.29B $4.30B $4.26B $4.19B
Total Investments $224.00M $230.52M $291.16M $322.33M $249.81M
Total Debt $1.67B $1.93B $1.83B $1.85B $1.76B
Net Debt $1.66B $1.92B $1.81B $1.83B $1.74B


Balance Sheet Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Cash and Cash Equivalents $16.81M $46.21M $55.05M $26.91M $25.29M $19.31M $17.19M $17.12M $17.16M $18.07M $23.92M $36.15M $17.75M $17.36M $34.65M $15.42M $19.23M $16.11M $34.27M $23.40M
Short Term Investments $14.77M $17.50M $21.67M $27.27M $33.28M $35.20M $35.94M $34.23M $54.90M $56.58M $14.10M $5.28M $3.42B $2.00K $1.00K $2.00K $1.00K $- $10.00K $14.00K
Cash and Short Term Investments $31.58M $63.71M $55.05M $26.91M $25.29M $54.51M $53.13M $51.35M $17.16M $18.07M $23.92M $36.15M $17.75M $17.36M $34.65M $15.42M $19.23M $16.11M $34.27M $23.40M
Net Receivables $223.10M $219.38M $215.81M $51.53M $205.55M $50.41M $199.65M $45.93M $49.51M $192.27M $209.05M $223.72M $43.62M $44.39M $185.57M $171.29M $43.05M $47.52M $226.47M $58.55M
Inventory $- $- $101.80M $96.59M $94.80M $92.73M $122.28M $117.91M $-17.50M $186.36M $203.04M $192.12M $-28.62M $-17.92M $2.71M $1.74M $-17.47M $-16.53M $1.71M $1.66M
Other Current Assets $50.42M $82.91M $38.20M $32.64M $34.65M $36.70M $40.28M $38.38M $43.62M $41.29M $26.49M $29.98M $92.64M $34.47M $33.31M $40.26M $29.92M $31.91M $31.46M $30.82M
Total Current Assets $305.10M $366.00M $307.59M $282.47M $290.97M $247.66M $293.06M $246.57M $216.69M $251.63M $259.46M $289.86M $289.02M $235.04M $253.53M $226.97M $179.51M $212.09M $292.21M $300.80M
Property Plant Equipment Net $25.53M $26.82M $27.75M $28.35M $29.29M $30.18M $35.48M $36.38M $37.28M $38.16M $39.02M $39.88M $40.74M $41.58M $42.40M $74.80M $76.27M $3.35B $3.37B $3.60B
Goodwill $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Intangible Assets $86.85M $83.80M $86.43M $93.68M $100.59M $90.04M $86.12M $94.60M $102.37M $110.62M $119.78M $121.45M $108.92M $95.52M $83.72M $91.37M $100.73M $109.49M $119.25M $108.72M
Goodwill and Intangible Assets $86.85M $83.80M $86.43M $93.68M $100.59M $90.04M $86.12M $94.60M $102.37M $110.62M $119.78M $121.45M $108.92M $95.52M $83.72M $91.37M $100.73M $109.49M $119.25M $108.72M
Long Term Investments $209.23M $187.36M $203.41M $225.98M $259.51M $184.03M $191.93M $191.55M $291.16M $317.42M $333.53M $413.14M $322.33M $305.67M $258.06M $256.33M $249.81M $240.41M $250.82M $294.19M
Tax Assets $- $-3.70B $3.61B $3.42B $3.55B $-90.04M $3.60B $- $- $- $3.69B $- $3.31B $3.39B $3.45B $3.50B $3.41B $914.00K $913.00K $923.00K
Other Non-Current Assets $3.74B $-83.80M $18.04M $223.85M $58.83M $3.82B $1.11M $3.63B $3.66B $3.65B $1.47M $3.63B $186.37M $174.75M $1.26M $1.31M $173.81M $341.07M $296.99M $1.40M
Total Non-Current Assets $4.07B $214.18M $3.94B $3.99B $4.00B $4.03B $3.91B $3.95B $4.09B $4.11B $4.18B $4.21B $3.97B $4.01B $3.84B $3.93B $4.01B $4.04B $4.04B $4.00B
Other Assets $- $3.70B $-1 $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Assets $4.37B $4.28B $4.25B $4.27B $4.29B $4.28B $4.20B $4.19B $4.30B $4.36B $4.44B $4.50B $4.26B $4.24B $4.09B $4.15B $4.19B $4.25B $4.33B $4.31B
Account Payables $68.35M $59.40M $62.20M $58.16M $61.42M $67.71M $56.31M $57.22M $59.92M $62.98M $56.00M $49.66M $56.58M $60.44M $57.58M $56.15M $52.40M $71.39M $79.25M $64.70M
Short Term Debt $14.00M $56.00M $96.45M $114.69M $80.60M $192.29M $180.09M $288.66M $340.07M $178.29M $96.49M $194.41M $112.91M $102.82M $61.41M $105.40M $138.40M $483.30M $177.40M $174.70M
Tax Payables $- $- $-5.09M $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Deferred Revenue $39.35M $37.33M $36.09M $36.25M $34.39M $34.56M $34.89M $33.13M $34.50M $36.07M $34.12M $35.71M $38.37M $33.50M $34.93M $35.40M $31.84M $32.33M $31.20M $28.41M
Other Current Liabilities $41.02M $36.23M $-95.09M $27.84M $193.57M $146.38M $27.11M $13.29M $-40.82M $27.27M $27.32M $27.87M $1.53B $181.64M $29.23M $29.29M $290.31M $-49.90M $15.67M $42.27M
Total Current Liabilities $162.72M $188.95M $222.32M $236.93M $335.60M $440.94M $298.39M $392.30M $393.68M $304.62M $213.92M $307.64M $373.72M $378.40M $183.15M $226.24M $512.89M $537.12M $303.52M $310.08M
Long Term Debt $1.66B $1.65B $1.76B $1.79B $1.82B $1.69B $1.65B $1.50B $1.50B $1.78B $1.76B $1.67B $1.74B $1.73B $1.65B $1.70B $1.66B $1.40B $1.44B $1.46B
Deferred Revenue Non-Current $- $- $36.09M $7.86M $34.39M $34.56M $34.89M $33.13M $34.50M $36.07M $34.12M $35.71M $38.37M $33.50M $34.93M $35.40M $31.84M $32.33M $31.20M $28.41M
Deferred Tax Liabilities Non-Current $- $- $316.65M $-206.31M $-66.33M $-147.03M $-34.89M $-136.27M $-139.95M $-36.07M $-34.12M $-35.71M $-128.20M $-123.92M $26.05M $20.69M $-120.45M $-123.88M $77.84M $75.84M
Other Non-Current Liabilities $16.11M $25.03M $116.95M $120.37M $159.68M $-32.84M $-1.26B $108.94M $164.77M $-1.37B $-1.44B $-1.25B $-1.41B $-40.10M $-1.36B $-1.37B $-70.89M $227.94M $-867.84M $-849.16M
Total Non-Current Liabilities $1.68B $1.68B $1.75B $1.76B $1.82B $1.66B $1.71B $1.61B $1.66B $1.78B $1.86B $1.78B $1.74B $1.72B $1.79B $1.84B $1.63B $1.66B $1.93B $1.98B
Other Liabilities $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities $1.84B $1.87B $1.97B $2.00B $2.16B $2.10B $2.01B $2.00B $2.05B $2.08B $2.08B $2.09B $2.11B $2.10B $1.97B $2.07B $2.14B $2.20B $2.24B $2.29B
Preferred Stock $- $- $381.94M $- $- $330.64M $312.06M $- $- $- $1 $- $- $- $- $- $- $- $- $-
Common Stock $120.00K $114.00K $105.00K $103.00K $95.00K $95.00K $95.00K $95.00K $95.00K $95.00K $95.00K $95.00K $89.00K $88.00K $88.00K $86.00K $86.00K $86.00K $86.00K $86.00K
Retained Earnings $-409.38M $-395.17M $-381.94M $-364.44M $-349.14M $-330.64M $-312.06M $-304.17M $-300.40M $-287.26M $-214.28M $-196.82M $-196.90M $-185.37M $-184.17M $-174.83M $-167.05M $-156.32M $-147.29M $-166.70M
Accumulated Other Comprehensive Income Loss $38.65M $17.25M $47.62M $46.94M $32.44M $65.56M $49.85M $30.00M $46.82M $49.68M $11.24M $-5.72M $-36.21M $-43.17M $-47.91M $-41.96M $-74.89M $-85.87M $-90.21M $-85.72M
Other Total Stockholders Equity $2.44B $2.30B $2.12B $2.08B $1.95B $1.95B $1.95B $1.95B $1.99B $1.94B $1.90B $1.86B $1.75B $1.73B $1.73B $1.68B $1.68B $1.70B $1.69B $1.69B
Total Stockholders Equity $2.07B $1.93B $1.78B $1.76B $1.64B $1.69B $1.69B $1.67B $1.69B $1.70B $1.69B $1.66B $1.52B $1.50B $1.50B $1.47B $1.44B $1.45B $1.46B $1.43B
Total Equity $2.53B $2.41B $2.28B $2.27B $2.13B $2.18B $2.20B $2.19B $2.25B $2.28B $2.36B $2.41B $2.15B $2.14B $2.12B $2.08B $2.05B $2.05B $2.09B $2.01B
Total Liabilities and Stockholders Equity $4.37B $4.28B $4.25B $4.27B $4.29B $4.28B $4.20B $4.19B $4.30B $4.36B $4.44B $4.50B $4.26B $4.24B $4.09B $4.15B $4.19B $4.25B $4.33B $4.31B
Minority Interest $466.60M $483.24M $498.10M $510.63M $496.64M $494.29M $512.27M $522.45M $557.03M $578.65M $670.61M $746.59M $628.21M $636.52M $617.66M $617.52M $607.24M $598.87M $637.74M $577.10M
Total Liabilities and Total Equity $4.37B $4.28B $4.25B $4.27B $4.29B $4.28B $4.20B $4.19B $4.30B $4.36B $4.44B $4.50B $4.26B $4.24B $4.09B $4.15B $4.19B $4.25B $4.33B $4.31B
Total Investments $224.00M $204.87M $265.42M $225.98M $259.51M $219.23M $227.87M $225.78M $291.16M $317.42M $347.63M $413.14M $3.75B $305.67M $258.06M $256.33M $249.81M $240.41M $250.82M $294.19M
Total Debt $1.67B $1.64B $1.83B $1.75B $2.01B $1.85B $1.80B $1.78B $1.83B $1.86B $1.86B $1.86B $1.85B $1.83B $1.71B $1.81B $1.76B $1.79B $1.91B $1.96B
Net Debt $1.66B $1.59B $1.77B $1.73B $1.98B $1.83B $1.79B $1.76B $1.81B $1.84B $1.83B $1.83B $1.83B $1.81B $1.68B $1.79B $1.74B $1.77B $1.87B $1.94B

Annual Cash Flow

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Net Income $8.14M $-1.75M $-65.25M $26.03M $-66.04M
Depreciation and Amortization $138.91M $135.98M $135.92M $123.44M $149.79M
Deferred Income Tax $- $- $- $-54.14M $45.55M
Stock Based Compensation $12.79M $12.75M $11.12M $12.43M $10.91M
Change in Working Capital $-37.93M $1.63M $-10.45M $4.75M $-32.37M
Accounts Receivables $- $2.54M $1.59M $7.38M $-29.81M
Inventory $- $- $- $-3.20M $-3.20M
Accounts Payables $-2.92M $2.04M $-2.14M $3.20M $3.20M
Other Working Capital $-35.01M $-2.96M $-9.90M $-2.63M $-2.56M
Other Non Cash Items $18.54M $7.14M $61.88M $-7.53M $-5.29M
Net Cash Provided by Operating Activities $140.45M $155.76M $133.21M $104.98M $102.56M
Investments in Property Plant and Equipment $- $- $-59.04M $-45.59M $-6.41M
Acquisitions Net $- $-9.25M $-73.33M $2.89M $11.35M
Purchases of Investments $- $- $-4.53M $-234.58M $-131.27M
Sales Maturities of Investments $103.38M $4.64M $224.56M $81.62M $36.75M
Other Investing Activities $-274.04M $-203.92M $-211.83M $-2.89M $-6.63M
Net Cash Used for Investing Activities $-170.66M $-208.54M $-124.17M $-198.54M $-96.21M
Debt Repayment $-335.58M $94.91M $-59.64M $74.60M $52.81M
Common Stock Issued $459.89M $- $119.48M $63.88M $-
Common Stock Repurchased $- $- $- $- $-22.39M
Dividends Paid $-76.32M $-68.57M $-64.59M $-39.48M $-50.18M
Other Financing Activities $-3.37M $19.51M $369.00K $-7.68M $18.50M
Net Cash Used Provided by Financing Activities $44.62M $45.85M $-4.38M $91.32M $-1.26M
Effect of Forex Changes on Cash $- $- $- $- $-
Net Change in Cash $14.41M $-6.93M $4.66M $-2.24M $3.91M
Cash at End of Period $39.70M $25.29M $32.22M $27.56M $33.92M
Cash at Beginning of Period $25.29M $32.22M $27.56M $29.80M $30.01M
Operating Cash Flow $140.45M $155.76M $133.21M $104.98M $102.56M
Capital Expenditure $- $- $-59.04M $-45.59M $-6.41M
Free Cash Flow $140.45M $155.76M $74.17M $59.40M $96.16M

Cash Flow Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Net Income $1.16M $12.25M $1.15M $-6.86M $-1.58M $-16.27M $2.75M $22.00M $-3.98M $-89.55M $-15.82M $44.10M $-8.62M $31.56M $1.23M $1.86M $-32.62M $-38.29M $64.91M $-60.04M
Depreciation and Amortization $35.19M $34.50M $34.28M $34.94M $35.03M $33.73M $34.06M $33.17M $33.49M $33.74M $34.97M $33.71M $29.84M $30.87M $31.34M $31.39M $48.17M $34.46M $33.79M $33.38M
Deferred Income Tax $- $- $- $- $-73.98M $8.04M $-383.00K $- $- $- $- $- $-5.03M $-37.85M $-10.58M $-8.74M $8.68M $-74.00K $-52.92M $56.96M
Stock Based Compensation $2.71M $2.74M $3.10M $4.25M $2.56M $2.56M $2.75M $4.88M $2.58M $2.18M $2.54M $3.82M $2.65M $2.65M $2.62M $4.51M $2.36M $2.42M $2.32M $3.82M
Change in Working Capital $-5.13M $-12.81M $-7.56M $-12.43M $15.30M $-3.88M $-1.33M $-4.77M $-11.95M $5.68M $1.63M $-5.81M $6.82M $-5.36M $245.00K $3.04M $1.30M $-9.81M $-16.81M $-7.04M
Accounts Receivables $-472.00K $4.62M $-1.37M $-3.25M $1.79M $-2.80M $-14.00K $3.56M $-1.94M $-340.00K $580.00K $3.28M $3.28M $1.30M $5.21M $-2.41M $1.70M $-6.33M $-25.20M $24.00K
Inventory $- $- $- $- $11.45M $-8.72M $-2.73M $- $- $-3.93M $- $8.56M $-3.28M $- $- $-29.18M $-5.55M $- $- $2.11M
Accounts Payables $- $-258.00K $954.00K $-3.16M $-3.15M $8.72M $2.73M $-6.26M $1.69M $3.93M $4.73M $-8.56M $1.63M $829.00K $-846.00K $237.00K $3.20M $- $- $-2.33M
Other Working Capital $-4.66M $-17.17M $-7.15M $-6.02M $16.66M $-1.08M $-1.32M $-2.07M $-11.71M $6.02M $-3.68M $-9.10M $5.19M $-6.66M $-4.96M $34.39M $1.95M $-3.48M $8.39M $-6.84M
Other Non Cash Items $3.94M $7.87M $73.13M $1.40M $66.95M $1.49M $-7.78M $4.14M $12.59M $83.66M $-3.22M $-49.27M $6.93M $-495.00K $-4.76M $-1.13M $-6.41M $33.89M $-516.00K $656.00K
Net Cash Provided by Operating Activities $37.87M $44.56M $32.03M $25.99M $44.28M $25.67M $30.06M $59.43M $32.73M $35.72M $38.22M $26.54M $32.59M $21.36M $20.10M $30.93M $21.48M $22.58M $30.77M $27.73M
Investments in Property Plant and Equipment $- $41.41M $-27.51M $-13.91M $-21.03M $-22.87M $-19.60M $-15.04M $-17.18M $-12.77M $-19.89M $-116.62M $-14.88M $-11.01M $-12.84M $-6.86M $- $- $- $-
Acquisitions Net $-14.29M $2.41M $6.15M $83.00K $28.07M $2.40M $-1.51M $10.49M $7.85M $-42.40M $50.93M $-89.70M $-1.67M $819.00K $1.09M $2.65M $5.00M $1.51M $1.33M $3.50M
Purchases of Investments $- $15.55M $-13.02M $-2.53M $-102.23M $-49.36M $-5.20M $-24.91M $4.53M $-48.48M $-83.43M $-4.53M $-107.08M $-106.52M $-19.25M $-1.73M $- $- $- $-
Sales Maturities of Investments $3.80M $13.14M $64.33M $4.00M $4.80M $8.82M $1.76M $36.34M $67.78M $58.19M $111.49M $116.62M $7.05M $2.95M $51.54M $20.08M $- $- $- $-
Other Investing Activities $-110.04M $-148.78M $-10.81M $4.87M $-4.20M $-2.40M $1.51M $-10.49M $-42.19M $42.40M $13.46M $-55.83M $-113.24M $-115.39M $18.37M $8.84M $-8.34M $-7.70M $2.47M $-93.98M
Net Cash Used for Investing Activities $-120.53M $-76.26M $29.96M $-3.83M $-90.40M $-63.42M $-23.04M $-3.61M $20.78M $-3.06M $8.17M $-150.06M $-114.91M $-114.57M $19.45M $11.49M $-3.34M $-6.18M $3.80M $-90.48M
Debt Repayment $-42.83M $-119.23M $-34.18M $-146.66M $68.77M $57.01M $16.42M $-47.28M $-25.82M $8.43M $-3.47M $-29.44M $80.31M $91.39M $-54.16M $-52.30M $-26.22M $-22.47M $-15.90M $115.82M
Common Stock Issued $131.05M $186.72M $28.27M $113.85M $- $- $- $- $-119.48M $- $7.97M $111.52M $18.01M $190.00K $45.67M $- $- $- $- $-
Common Stock Repurchased $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $22.39M $- $-34.00K $-22.35M
Dividends Paid $-21.64M $-18.95M $-18.57M $-17.16M $-17.16M $-17.16M $-17.13M $-17.12M $-17.09M $-17.09M $-17.01M $-13.40M $-13.27M $-13.26M $-12.95M $- $- $- $-24.94M $-25.25M
Other Financing Activities $-13.51M $-8.75M $-3.23M $29.44M $24.38M $-4.44M $-8.18M $7.75M $-9.08M $-28.24M $-46.95M $75.30M $-3.23M $-2.25M $466.00K $5.11M $12.22M $-12.49M $17.04M $2.13M
Net Cash Used Provided by Financing Activities $53.07M $39.79M $-33.85M $-20.54M $44.23M $35.41M $-8.89M $-56.66M $-51.99M $-36.90M $-59.47M $143.98M $83.41M $76.06M $-20.96M $-47.19M $-12.81M $-34.96M $-23.84M $70.36M
Effect of Forex Changes on Cash $- $- $- $- $36.91M $36.06M $35.92M $- $- $- $- $- $924.00K $- $- $- $- $- $- $-
Net Change in Cash $-29.59M $14.24M $28.14M $1.62M $-1.89M $-2.34M $-1.86M $-839.00K $1.52M $-4.24M $-13.08M $20.47M $-4.63M $-17.55M $18.59M $-2.78M $4.14M $-18.57M $10.73M $7.61M
Cash at End of Period $39.70M $69.30M $55.05M $26.91M $25.29M $27.18M $29.52M $31.38M $32.22M $30.70M $34.94M $48.03M $27.56M $32.19M $49.74M $31.15M $33.92M $29.78M $48.35M $37.62M
Cash at Beginning of Period $69.30M $55.05M $26.91M $25.29M $27.18M $29.52M $31.38M $32.22M $30.70M $34.94M $48.03M $27.56M $32.19M $49.74M $31.15M $33.92M $29.78M $48.35M $37.62M $30.01M
Operating Cash Flow $37.87M $44.56M $32.03M $25.99M $44.28M $25.67M $30.06M $59.43M $32.73M $35.72M $38.22M $26.54M $32.59M $21.36M $20.10M $30.93M $21.48M $22.58M $30.77M $27.73M
Capital Expenditure $- $41.41M $-27.51M $-13.91M $-21.03M $-22.87M $-19.60M $-15.04M $-17.18M $-12.77M $-19.89M $-116.62M $-14.88M $-11.01M $-12.84M $-6.86M $- $- $- $-
Free Cash Flow $37.87M $85.97M $4.53M $12.08M $23.25M $2.80M $10.46M $44.40M $15.55M $22.95M $18.32M $-90.08M $17.71M $10.35M $7.26M $24.07M $21.48M $22.58M $30.77M $27.73M

Acadia Realty Trust Dividends

Explore Acadia Realty Trust's dividend history, including dividend yield, payout ratio, and historical payments.

Dividend Yield

2.92%

Dividend Payout Ratio

352.53%

Dividend Paid & Capex Coverage Ratio

1.84x

Acadia Realty Trust Dividend History

Dividend Adjusted Dividend Date Record Date Payment Date Declaration Date
$0.2 $0.2 March 31, 2025 March 31, 2025 April 15, 2025 February 11, 2025
$0.19 $0.19 December 31, 2024 December 31, 2024 January 15, 2025 November 07, 2024
$0.19 $0.19 September 30, 2024 September 30, 2024 October 15, 2024 July 30, 2024
$0.18 $0.18 June 28, 2024 June 28, 2024 July 15, 2024 May 01, 2024
$0.18 $0.18 March 27, 2024 March 28, 2024 April 15, 2024 February 28, 2024
$0.18 $0.18 December 28, 2023 December 29, 2023 January 12, 2024 November 02, 2023
$0.18 $0.18 September 28, 2023 September 29, 2023 October 13, 2023 August 09, 2023
$0.18 $0.18 June 29, 2023 June 30, 2023 July 14, 2023 May 03, 2023
$0.18 $0.18 March 30, 2023 March 31, 2023 April 14, 2023 January 17, 2023
$0.18 $0.18 December 29, 2022 December 30, 2022 January 13, 2023 November 09, 2022
$0.18 $0.18 September 29, 2022 September 30, 2022 October 14, 2022 August 10, 2022
$0.18 $0.18 June 29, 2022 June 30, 2022 July 15, 2022 May 04, 2022
$0.18 $0.18 March 30, 2022 March 31, 2022 April 14, 2022 February 15, 2022
$0.15 $0.15 December 30, 2021 December 31, 2021 January 14, 2022 November 03, 2021
$0.15 $0.15 September 29, 2021 September 30, 2021 October 15, 2021 August 10, 2021
$0.15 $0.15 June 29, 2021 June 30, 2021 July 15, 2021 May 05, 2021
$0.15 $0.15 March 30, 2021 March 31, 2021 April 15, 2021 February 10, 2021
$0.29 $0.29 March 30, 2020 March 31, 2020 April 15, 2020 February 27, 2020
$0.29 $0.29 December 30, 2019 December 31, 2019 January 15, 2020 November 05, 2019
$0.28 $0.28 September 27, 2019 September 30, 2019 October 15, 2019 August 13, 2019

Acadia Realty Trust News

Read the latest news about Acadia Realty Trust, including recent articles, headlines, and updates.

Acadia Realty Trust Will Present at the Citi 2025 Global Property CEO Conference

RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE:AKR) (“Acadia” or the “Company”) today announced that the Company will participate and present at the Citi 2025 Global Property CEO Conference, which will be held on March 2, 2025 – March 5, 2025, in Hollywood, FL. Kenneth F. Bernstein, Acadia's President and Chief Executive Officer, is scheduled to make a company presentation on Monday, March 3, 2025 at 5:00 p.m. ET. Acadia will also host individual meetings with investors during the confer.

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Acadia Realty Trust Announces 2025 Annual Meeting Date

RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE:AKR) (“Acadia” or the “Company”) today announced the date of the Company's 2025 Annual Shareholder Meeting. Acadia's Board of Trustees has set the meeting date for Thursday, May 8, 2025 at 1:00 PM, ET. As this will be conducted as a virtual meeting, shareholders will be able to attend, vote and submit questions via live webcast by visiting www.virtualshareholdermeeting.com/AKR25. Prior to the meeting, shareholders will be able to vote at www.

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Acadia Realty Trust (AKR) Q4 2024 Earnings Call Transcript

Acadia Realty Trust (NYSE:AKR ) Q4 2024 Earnings Conference Call February 12, 2025 11:00 AM ET Company Participants Devin Russell - Manager, Accounts Receivable, Lease Administration Department Ken Bernstein - President and CEO A.J. Levine - SVP, Leasing and Development Reggie Livingston - EVP and CIO John Gottfried - EVP and CFO Conference Call Participants Linda Tsai - Jefferies Floris van Dijkum - Compass Point Andrew Reale - Bank of America Michael Mueller - JPMorgan Craig Mailman - Citi Ki Bin Kim - Truist Todd Thomas - KeyBanc Capital Markets Operator Thank you for standing by, and welcome to Acadia Realty Trust Fourth Quarter 2024 Earnings Conference Call.

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Acadia Realty Trust (AKR) Lags Q4 FFO and Revenue Estimates

Acadia Realty Trust (AKR) came out with quarterly funds from operations (FFO) of $0.32 per share, missing the Zacks Consensus Estimate of $0.33 per share. This compares to FFO of $0.28 per share a year ago.

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Acadia Realty Trust Reports Fourth Quarter and Full Year 2024 Operating Results

RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today reported operating results for the quarter ended December 31, 2024. All per share amounts are on a fully-diluted basis, where applicable. Acadia owns and operates a high-quality real estate portfolio of street and open-air retail properties in the nation's most dynamic retail corridors ("Core" or "Core Portfolio"), along with an investment management platform that targets opportunistic and value-add in.

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Acadia Realty Trust Announces Tax Reporting Information for 2024 Distributions

RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) has determined that the Federal tax treatment for 2024 distributions to holders of its common shares of beneficial interest (CUSIP # 004239109) traded on the NYSE under the ticker symbol “AKR” is as follows: Record Payment Total Distribution Total Income Box 1a- Ordinary Box 1b- Qualified Box 5a– 199A Box 2a- Capital Gain Box 2b- Unrecaptured Section 1250 Box 2f- Section 897 Date Date Per Share Per Share Div.

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Acadia Realty Trust to Announce Fourth Quarter 2024 Earnings on February 11, 2025

RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) will release its fourth quarter 2024 earnings after market close on Tuesday, February 11, 2025. Management will conduct a conference call on Wednesday, February 12, 2025, 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, February 12, 2025 Time: 11:00 AM ET Participant Call: Fourth Qua.

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Is Acadia Realty Trust (AKR) Outperforming Other Finance Stocks This Year?

Here is how Acadia Realty Trust (AKR) and Amalgamated Financial (AMAL) have performed compared to their sector so far this year.

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Acadia Realty Trust (AKR) Q3 2024 Earnings Call Transcript

Acadia Realty Trust (NYSE:AKR ) Q3 2024 Earnings Conference Call October 28, 2024 11:00 AM ET Company Participants Alec Aaronson - Development Analyst Ken Bernstein - President and Chief Executive Officer A.J. Levine - SVP, Leasing and Development John Gottfried - EVP and CFO Conference Call Participants Linda Tsai - Jefferies Floris van Dijkum - Compass Point Jeff Spector - Bank of America Securities Todd Thomas - KeyBanc Capital Markets Ki Bin Kim - Truist Paulina Rojas Schmidt - Green Street Michael Mueller - JPMorgan Operator Hello, and welcome to Acadia Realty Trust Third Quarter 2024 Earnings Conference Call.

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Acadia Realty Trust (AKR) Q3 FFO Meet Estimates

Acadia Realty Trust (AKR) came out with quarterly funds from operations (FFO) of $0.32 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.27 per share a year ago.

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Acadia Realty Trust Reports Third 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 September 30, 2024. All per share amounts are on a fully-diluted basis, where applicable. Acadia owns and operates a high-quality real estate portfolio of street and open-air retail properties in the nation's most dynamic retail corridors ("Core" or "Core Portfolio"), along with an investment management platform that targets opportunistic and value-add i.

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What Makes Acadia Realty Trust (AKR) a New Buy Stock

Acadia Realty Trust (AKR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

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Has Acadia Realty Trust (AKR) Outpaced Other Finance Stocks This Year?

Here is how Acadia Realty Trust (AKR) and Arch Capital Group (ACGL) have performed compared to their sector so far this year.

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An October Surprise

U.S. equity markets extended gains to a fourth-straight week despite a resurgence in benchmark interest rates after a critical slate of employment data showed surprisingly strong labor market trends. One of several strong employment reports, Nonfarm Payrolls data showed that the U.S. economy added 254k jobs in September - the strongest in six months and well above consensus estimates. Combined with a nearly 10% surge in crude oil prices driven by renewed Middle East tensions, markets reflected a significantly less aggressive Fed rate cut path in the months ahead.

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Acadia Realty Trust to Announce Third Quarter 2024 Earnings on October 28, 2024

RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) will release its third quarter 2024 earnings prior to the market open on Monday, October 28, 2024. Management will conduct a conference call on Monday, October 28, 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: Monday, October 28, 2024 Time: 11:00 AM ET Participant Call: Third Quarter 2.

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Acadia Realty Trust Announces Pricing of Upsized Offering of 5,000,000 Common Shares

RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) announced today the pricing of an upsized underwritten offering of 5,000,000 common shares of beneficial interest at a price to the public of $23.25 per share. The underwriters have been granted a 30-day option to purchase up to an additional 750,000 common shares. This reflects an upsizing of the previously announced offering of 4,500,000 common shares. The offering is expected to close on October 2, 2024,.

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Acadia Realty Trust Announces Offering of 4,500,000 Common Shares

RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) announced today that it is commencing an underwritten public offering of 4,500,000 of its common shares of beneficial interest in connection with the forward sale agreements described below. Wells Fargo Securities, Goldman Sachs & Co. LLC and Jefferies are acting as joint book-running managers for the offering. The shares may be offered by the underwriters from time to time to purchasers directly or thro.

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Shopping Center REITs Are Hot: Pick A Winner

The current environment is favorable for REITs, with normalized prices, falling Treasury yields, and expected prime rate cuts. Shopping Center REITs offer above-average yields (3.88%) and superior growth prospects, driven by record-high occupancy rates and strong rental rate spreads. This article examines liquidity, FFO growth, TCFO growth, dividend growth, market cap, share price growth, and volatility to identify the best Shopping Center REITs for the next 2 years.

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Acadia Realty Trust to Present at BofA Securities 2024 Global Real Estate Conference

RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today announced that it will participate at the BofA Securities 2024 Global Real Estate Conference. BofA Securities 2024 Global Real Estate Conference Acadia will participate at the BofA Securities 2024 Global Real Estate Conference which will be held September 10-12, 2024. Kenneth F. Bernstein, Acadia's President and Chief Executive Officer, is scheduled for a roundtable discussion on Wednesday, September 1.

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

Here is how Acadia Realty Trust (AKR) and Banco Comercial Portugues S.A. Unsponsored ADR (BPCGY) have performed compared to their sector so far this year.

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Acadia Realty Trust: Strong NOI Growth Pipeline But Little Immediate Benefit From Fed Easing

Acadia Realty Trust is a retail REIT focused on affluent communities with high population density. The REIT has significantly outperformed the Vanguard Real Estate Index Fund ETF so far in 2024, pushing the proportion of net debt in enterprise value down to just 35%. Q2 2024 results were excellent, and the company increased its full-year outlook.

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Is Acadia Realty Trust (AKR) Stock Outpacing Its Finance Peers This Year?

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

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Behind The Curve

U.S. equity markets tumbled in a volatile week, while benchmark interest rates plunged by the most since December 2008 after employment data showed decisive evidence of weakening labor market conditions. Volatility was amplified by a confluence of central bank policy decisions, a hit-and-miss slate of corporate earnings results, an intensification of geopolitical risks, and a re-pricing of domestic political expectations. Among several weak employment reports, the critical nonfarm payrolls report showed that the unemployment rate jumped to the highest level since 2021 in July, and the report was even weaker under-the-surface.

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Acadia Realty Trust (AKR) Q2 2024 Earnings Call Transcript

Acadia Realty Trust (NYSE:AKR ) Q2 2024 Earnings Conference Call July 31, 2024 11:00 AM ET Company Participants Ethan Gomez - Acquisitions Intern Ken Bernstein - President & Chief Executive Officer A.J. Levine - Senior Vice President, Leasing & Development John Gottfried - Executive Vice President, Chief Financial Officer Conference Call Participants Andrew Reale - Bank of America Linda Tsai - Jefferies Todd Thomas - KeyBanc Craig Mailman - Citi Michael Mueller - JPMorgan Ki Bin Kim - Truist Paulina Rojas-Schmidt - Green Street Operator Good day, and thank you for standing by.

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Acadia Realty Trust (AKR) Q2 FFO Meet Estimates

Acadia Realty Trust (AKR) came out with quarterly funds from operations (FFO) of $0.31 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.36 per share a year ago.

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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.

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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.

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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.

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Realty Income (O) Rewards Investors With 125th Dividend Hike

Realty Income Corporation (O Quick QuoteO - Free Report) announced an increase in its common stock monthly cash dividend to 26.25 cents per share from 25.70 cents paid out earlier. This marked its 125th dividend hike since its listing on the NYSE in 1994.The increased dividend will be paid out on Jun 14 to shareholders of record as of Jun 3, 2024. The latest dividend rate marks an annualized amount of $3.150 per share compared with the prior rate of $3.084. Based on the company’s share price of $55.13 on May 17, the latest hike results in a dividend yield of 5.71%.Though the latest hike marks a marginal increase from the prior dividend, the latest dividend announced will be the company’s 647th consecutive monthly dividend payout in its 55-year operating history.Solid dividend payouts are the biggest enticements for real estate investment trust (REIT) investors, and Realty Income is committed to boosting its shareholder wealth. This retail REIT holds the trademark of the phrase “The Monthly Dividend Company.” It has made 107 consecutive quarterly dividend hikes. This retail REIT has witnessed compound average annual dividend growth of 4.3% since its listing on the NYSE. Moreover, Realty Income has increased its dividend 22 times in the last five years and has a five-year annualized dividend growth rate of 2.99%. Check Realty Income’s dividend history here.The latest hike reflects O’s ability to generate decent cash flow through its operating platform and high-quality portfolio. The majority of its annualized retail contractual rental revenues are generated by clients who have a service, non-discretionary and/or low-price-point component to their business. Such businesses are less likely to be affected by economic downturns and competition from online sales. These provide more reliable streams of income, which boost the stability of rental revenues and generate predictable cash flows.Moreover, Realty Income’s diversified tenant base and accretive buyouts bode well for its long-term growth. The solid property acquisitions volume at decent investment spreads has aided the company’s performance so far. In January 2024, Realty Income completed its all-stock merger transaction with Spirit Realty Capital, Inc. The transaction is immediately accretive on a leverage-neutral basis and adds to Realty Income's size, scale and diversification, enabling it to expand its scope for future growth.In November 2023, Realty Income entered into a JV with Digital Realty (DLR Quick QuoteDLR - Free Report) to facilitate the development of two build-to-suit data centers in Northern Virginia. The move marked the retail REIT’s maiden foray into the data center sector and further diversified its portfolio. It invested approximately $200 million, securing an 80% equity interest in the venture, while Digital Realty maintains a 20% interest.Realty Income maintains a healthy balance sheet position and exited the first quarter of 2024 with $4 billion of liquidity. The company ended the quarter with modest leverage and strong coverage metrics with net debt to annualized pro forma adjusted EBITDAre of 5.5X and a fixed charge coverage of 4.5X. O also enjoys a credit rating of A- (Stable) and A3 (Stable) from Standard & Poor’s and Moody’s, respectively, which provides access to the debt market at favorable costs.With ample financial flexibility, the company remains well-poised to respond to any challenges and bank on growth opportunities.Moreover, with a healthy financial position and a lower debt-to-equity ratio compared with the industry, we expect the latest dividend rate to be sustainable. Over the past three months, shares of this Zacks Rank #3 (Hold) company have risen 4.6% against the industry’s fall of 3.8%.Image Source: Zacks Investment ResearchStocks to ConsiderSome better-ranked stocks from the retail REIT sector are Kite Realty Group Trust (KRG Quick QuoteKRG - Free Report) and Acadia Realty Trust (AKR Quick QuoteAKR - Free Report) , each carrying a Zacks Rank #2 (Buy). The Zacks Consensus Estimate for Kite Realty Group’s ongoing year’s funds from operations (FFO) per share is pegged at $2.05, which indicates a year-over-year increase of 1%.The Zacks Consensus Estimate for Acadia Realty Trust’s current-year FFO per share has been revised a cent upward over the past month to $1.28.Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) — a widely used metric to gauge the performance of REITs. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>

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