Acadia Realty Trust (NYSE: AKR) is -11.09% lower on its value in year-to-date trading and has touched a low of $16.13 and a high of $26.29 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AKR stock was last observed hovering at around $21.62 in the last trading session, with the day’s loss setting it -0.14%.
Currently trading at $21.48, the stock is -3.64% and -5.68% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.81 million and changing -0.65% at the moment leaves the stock -3.95% off its SMA200. AKR registered 31.38% gain for a year compared to 6-month gain of -5.58%. The firm has a 50-day simple moving average (SMA 50) of $22.7746 and a 200-day simple moving average (SMA200) of $22.3638.
The stock witnessed a -8.71% loss in the last 1 month and extending the period to 3 months gives it a -15.60%, and is 2.33% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.04% over the week and 2.54% over the month.
Acadia Realty Trust (AKR) has around 129 employees, a market worth around $2.61B and $359.69M in sales. Current P/E ratio is 116.55 and Fwd P/E is 52.51. Profit margin for the company is 5.69%. Distance from 52-week low is 33.18% and -18.30% from its 52-week high. The company has generated returns on investments over the last 12 months (0.63%).
The EPS is expected to grow by 102.29% this year
351.0 institutions hold shares in Acadia Realty Trust (AKR), with institutional investors hold 116.60% of the company’s shares. The shares outstanding are 119.66M, and float is at 118.94M with Short Float at 12.52%. Institutions hold 115.93% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 18.7 million shares valued at $335.17 million. The investor’s holdings represent 18.3142 of the AKR Shares outstanding. As of 2024-06-30, the second largest holder is COHEN & STEERS, INC. with 18.84 million shares valued at $337.57 million to account for 18.1843 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 16.26 million shares representing 15.9171 and valued at over $291.3 million, while PRICE T ROWE ASSOCIATES INC /MD/ holds 8.7791 of the shares totaling 9.09 million with a market value of $162.98 million.
Acadia Realty Trust (AKR) Insider Activity
The most recent transaction is an insider sale by NAPOLITANO JOSEPH, the company’s Sr. VP. SEC filings show that NAPOLITANO JOSEPH sold 46,567 shares of the company’s common stock on Mar 10 ’25 at a price of $22.39 per share for a total of $1.04 million. Following the sale, the insider now owns 118.0 shares.
Still, SEC filings show that on Mar 06 ’25, Blacksberg Jason (EVP and Chief Legal Officer) disposed off 30,000 shares at an average price of $22.81 for $0.68 million. The insider now directly holds 0 shares of Acadia Realty Trust (AKR).
