Profile
Sector:
Real EstateIndustry:
RetailCountry:
United StatesIPO:
27 May 1993Website:
http://www.acadiarealty.comNext earnings report:
14 February 2025Last dividends:
30 September 2024Next dividends:
N/APrice
after hours | Fri, 01 Nov 2024 21:41:20 GMTAnalysts recommendations
Institutional Ownership
AKR Latest News
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.
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.
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.
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).
Here is how Acadia Realty Trust (AKR) and Arch Capital Group (ACGL) have performed compared to their sector so far this year.
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.
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.
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.
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.
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.
- 1(current)
What type of business is 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.
What sector is Acadia Realty Trust in?
Acadia Realty Trust is in the Real Estate sector
What industry is Acadia Realty Trust in?
Acadia Realty Trust is in the Retail industry
What country is Acadia Realty Trust from?
Acadia Realty Trust is headquartered in United States
When did Acadia Realty Trust go public?
Acadia Realty Trust initial public offering (IPO) was on 27 May 1993
What is Acadia Realty Trust website?
https://www.acadiarealty.com
Is Acadia Realty Trust in the S&P 500?
No, Acadia Realty Trust is not included in the S&P 500 index
Is Acadia Realty Trust in the NASDAQ 100?
No, Acadia Realty Trust is not included in the NASDAQ 100 index
Is Acadia Realty Trust in the Dow Jones?
No, Acadia Realty Trust is not included in the Dow Jones index
When was Acadia Realty Trust the previous earnings report?
No data
When does Acadia Realty Trust earnings report?
The next expected earnings date for Acadia Realty Trust is 14 February 2025