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Acadia Realty Trust logo

Acadia Realty Trust

AKR

NYSEReal EstateREIT - Retail

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Previous close

$21.05

+$0.02 · +0.10%

Aug 21, 4:00 PM ET

AKR company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 1, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

57

Fair Value

Momentum

46

Neutral

Sentiment

63

Bullish

Risk resilience

72

Moderate Risk

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Company profile

Company website

Acadia Realty Trust functions as an equity real estate investment trust, committed to achieving sustained, long-term profitability. It accomplishes this through a distinctive two-pronged operational framework—its Core Portfolio and its Fund platform—all guided by a rigorous, strategically focused investment approach. The trust builds a top-tier core real estate portfolio by concentrating assets in America's most dynamic urban areas, while simultaneously undertaking lucrative opportunistic and value-enhancing investments via its managed suite of institutional funds. This strategy is further bolstered by the maintenance of a strong financial position.

Industry
REIT - Retail
Sector
Real Estate
Headquarters
US
CEO
Kenneth F. Bernstein
Listed since
May 27, 1993
Employees
138

Market position

Day range

Current $21.05

52-week range

Current $21.05

Open
$21.27
Previous close
$21.03
Volume
562.4K
0.39× average
Average volume
1.43M
Average daily volume
Market cap
2.89B USD
Beta
1.13
Market reference 1
50-day average
$21.5422
-2.28% below average
200-day average
$20.8643
+0.89% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
4.57B USD
P/E (TTM)
60.84×
P/B (TTM)
1.18×
P/S (TTM)
7.15×
EV / EBITDA
21.46×
Earnings yield
0.50%
Free cash flow yield
6.20%
Dividend yield
3.80%

Profitability & efficiency

Gross margin
32.68%
Operating margin
16.93%
Net margin
13.57%
Return on equity
0.61%
Return on assets
0.28%
Return on invested capital
1.06%

Financial health

Debt / equity
0.76×
Current ratio
1.24×
Altman Z-score
1.02
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends77%45%13%-19%Gross margin, FY2021: 66.20%Gross margin, FY2022: 68.76%Gross margin, FY2023: 67.97%Gross margin, FY2024: 68.85%Gross margin, FY2025: 50.52%Operating margin, FY2021: 10.48%Operating margin, FY2022: 20.91%Operating margin, FY2023: 14.49%Operating margin, FY2024: 18.25%Operating margin, FY2025: 12.03%Net margin, FY2021: 8.05%Net margin, FY2022: -10.86%Net margin, FY2023: 5.87%Net margin, FY2024: 6.02%Net margin, FY2025: 3.31%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 66.20%. Gross margin FY2022 68.76%. Gross margin FY2023 67.97%. Gross margin FY2024 68.85%. Gross margin FY2025 50.52%. Operating margin FY2021 10.48%. Operating margin FY2022 20.91%. Operating margin FY2023 14.49%. Operating margin FY2024 18.25%. Operating margin FY2025 12.03%. Net margin FY2021 8.05%. Net margin FY2022 -10.86%. Net margin FY2023 5.87%. Net margin FY2024 6.02%. Net margin FY2025 3.31%.

Income trends

Revenue

410.76M USD+14.20%

Operating income

49.43M USD-24.72%

Net income

13.58M USD-37.27%
Income trends across reported periods455.38M USD276.9M USD98.42M USD−80.07M USDRevenue, FY2021: 292.5M USDRevenue, FY2022: 326.29M USDRevenue, FY2023: 338.69M USDRevenue, FY2024: 359.69M USDRevenue, FY2025: 410.76M USDOperating income, FY2021: 30.66M USDOperating income, FY2022: 68.23M USDOperating income, FY2023: 49.08M USDOperating income, FY2024: 65.66M USDOperating income, FY2025: 49.43M USDNet income, FY2021: 23.55M USDNet income, FY2022: −35.45M USDNet income, FY2023: 19.87M USDNet income, FY2024: 21.65M USDNet income, FY2025: 13.58M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 292.5M USD. Revenue FY2022 326.29M USD. Revenue FY2023 338.69M USD. Revenue FY2024 359.69M USD. Revenue FY2025 410.76M USD. Operating income FY2021 30.66M USD. Operating income FY2022 68.23M USD. Operating income FY2023 49.08M USD. Operating income FY2024 65.66M USD. Operating income FY2025 49.43M USD. Net income FY2021 23.55M USD. Net income FY2022 −35.45M USD. Net income FY2023 19.87M USD. Net income FY2024 21.65M USD. Net income FY2025 13.58M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue410.76M USD359.69M USD338.69M USD326.29M USD292.5M USD
Cost of goods sold203.24M USD112.05M USD108.48M USD101.93M USD98.87M USD
Gross profit207.51M USD247.64M USD230.22M USD224.36M USD193.62M USD
Selling, general, and administrative45.66M USD40.56M USD41.47M USD44.07M USD40.13M USD
Operating expenses158.09M USD181.98M USD181.14M USD156.13M USD162.97M USD
Interest income23.72M USD25.09M USD19.99M USD14.64M USD9.07M USD
Interest expense95.31M USD92.56M USD93.25M USD80.21M USD68.05M USD
Depreciation and amortization157.46M USD138.91M USD135.98M USD135.92M USD123.44M USD
Operating income49.43M USD65.66M USD49.08M USD68.23M USD30.66M USD
Net income13.58M USD21.65M USD19.87M USD−35.45M USD23.55M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
55%
6 beats, 5 misses, 0 met estimates
Average EPS surprise
+97.44%
11 comparable reports
Latest EPS result
0.05
Estimate 0.05 · Beat by 6.05%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.380.260.130.01Q1 '25MissQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 11, 2025: actual 0.075, estimate 0.09, surprise -16.78%, Miss. Q2 2025, reported Apr 29, 2025: actual 0.011, estimate 0.071, surprise -85.18%, Miss. Q3 2025, reported Jul 29, 2025: actual 0.32, estimate 0.089, surprise +261.50%, Beat. Q4 2025, reported Oct 28, 2025: actual 0.33, estimate 0.083, surprise +296.73%, Beat. Q1 2026, reported Feb 10, 2026: actual 0.34, estimate 0.085, surprise +298.64%, Beat. Q2 2026, reported Apr 28, 2026: actual 0.22, estimate 0.045, surprise +388.89%, Beat. Q3 2026, reported Jul 28, 2026: actual 0.048, estimate 0.045, surprise +6.05%, Beat. Q4 2026, reported Oct 27, 2026: actual —, estimate 0.067, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates107.11M94.16M81.21M68.25MQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 11, 2025: actual 91.58M USD, estimate 72.37M USD, surprise +26.54%, Beat. Q2 2025, reported Apr 29, 2025: actual 102.64M USD, estimate 81.38M USD, surprise +26.12%, Beat. Q3 2025, reported Jul 29, 2025: actual 98.3M USD, estimate 78.13M USD, surprise +25.81%, Beat. Q4 2025, reported Oct 28, 2025: actual 98.71M USD, estimate 85.86M USD, surprise +14.97%, Beat. Q1 2026, reported Feb 10, 2026: actual 102.49M USD, estimate 89.35M USD, surprise +14.70%, Beat. Q2 2026, reported Apr 28, 2026: actual 102.99M USD, estimate 98.61M USD, surprise +4.44%, Beat. Q3 2026, reported Jul 28, 2026: actual 91.19M USD, estimate 92.36M USD, surprise -1.27%, Miss. Q4 2026, reported Oct 27, 2026: actual —, estimate 96.09M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$24.50

16.39% upside
Past 12 months12-month forecastHigh $25.00Average $24.50Low $24.00

Rating distribution

12 ratings
Strong buy00%
Buy867%
Hold433%
Sell00%
Strong sell00%

Recent analyst actions

6 institutions
KeybancupgradeSector WeightOverweight
B of A SecuritiesupgradeNeutralBuy

Corporate actions

Corporate action history

Stock split

Effective Dec 9, 2014

10:1

Stock split

Effective Nov 22, 2013

156:1

Stock split

Effective May 13, 2013

16:17

Stock split

Effective Oct 10, 2012

2:1

Stock split

Effective Jul 5, 2010

25:1

Stock split

Effective May 16, 2005

20:1

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ETFs holding AKR

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Core S&P Small-Cap ETF logoiShares Core S&P Small-Cap ETFIJR
Market value
169.19M
Weight
0.15%
AUM
111.19B USD
Expense ratio
0.06%
Price / 1D
$147.31+0.64%
Vanguard Real Estate ETF logoVanguard Real Estate ETFVNQ
Market value
112.05M
Weight
0.15%
AUM
73.1B USD
Expense ratio
0.13%
Price / 1D
$98.50-0.10%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
95.57M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
73.27M
Weight
0.09%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96+0.77%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
68.95M
Weight
0.04%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$304.76+0.64%
Vanguard Morningstar Small-Cap Value ETF logoVanguard Morningstar Small-Cap Value ETFVBR
Market value
43.8M
Weight
0.06%
AUM
68.3B USD
Expense ratio
0.05%
Price / 1D
$249.18+0.68%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
34.55M
Weight
0.04%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
iShares Russell 2000 Value ETF logoiShares Russell 2000 Value ETFIWN
Market value
26.85M
Weight
0.18%
AUM
14.66B USD
Expense ratio
0.24%
Price / 1D
$224.81+0.45%

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