Acadia Realty Trust (NYSE: AKR) Now -28.91% Off Its High ($26.29), Does Analysts See Headwinds And Risks?

Acadia Realty Trust (NYSE:AKR) currently has a daily average trading volume of 1.18M but it saw 3917954 shares traded in last market. With a market cap of 2.49B USD, the company’s current market price of $18.69 came rising about 2.98 while comparing to the previous closing price of $18.15. In past 52 weeks, the stock remained buoying in the range of price level as high as $26.29 and as low as $16.98. In the recent trading on the day, stock has struck highest price mark of $18.18 while lowest mark touched by it was $18.715.

Compass Point upgraded its recommendation for the stock as a “Buy” from “Neutral” on October 10, 2024 while assigning a price target of $27. JP Morgan also issued its recommendations for the stock as it upgraded the price target for the stock is $18.

Over the week, AKR’s stock price is moving -3.01% down while it is -3.71% when we observe its performance for the past one month. Year-to-date it is 6.07% up and over the past year, the stock is showing a downside performance of -22.64%.

The company is expected to be releasing its next quarterly report on 2025-Apr-29, for which analysts forecasted an EPS of 0.09 while estimate for next year EPS is 0.31. In next quarter, company is expected to be making quarterly sales of $82.34M as analysts are expecting the sales for current fiscal year at $350.31M and seeing the company making $386.44M in sales next year. Moreover, analysts are in estimates of $81.89M for current-quarter revenue.

Currently, Acadia Realty Trust’s total number of outstanding shares is 130.96M with 0.48% of that held by the insiders while 110.37% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 0.52% and return on equity (ROE) at 0.92%. It has a price to earnings ratio (P/E ratio) of 112.86 while having a 52.32 of forward P/E ratio. Stock’s beta reads 1.40. Stock has a price to book (P/B) ratio of 1.07 while price to sale or P/S ratio amounts to 6.67. Its return on asset (ROA) is 0.42% on average.

Comet Reports
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.