Acadia Realty Trust (AKR) To Go Ex-Dividend on September 30th

Acadia Realty Trust (NYSE:AKR) declared a quarterly dividend on Wednesday, August 5th. Investors of record on Wednesday, September 30th will be given a dividend of 0.20 per share by the real estate investment trust on Thursday, October 15th. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Wednesday, September 30th.

Acadia Realty Trust has raised its dividend payment by an average of 0.2%per year over the last three years and has increased its dividend every year for the last 2 years. Acadia Realty Trust has a dividend payout ratio of 222.2% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect Acadia Realty Trust to earn $1.33 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 60.2%.

Acadia Realty Trust Stock Down 3.8%

AKR opened at $20.68 on Friday. Acadia Realty Trust has a 12 month low of $18.14 and a 12 month high of $23.03. The business has a 50-day moving average of $21.76 and a two-hundred day moving average of $21.06. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.13 and a quick ratio of 1.13. The stock has a market capitalization of $2.84 billion, a price-to-earnings ratio of 60.81, a price-to-earnings-growth ratio of 1.95 and a beta of 1.10.

Acadia Realty Trust (NYSE:AKR) last posted its quarterly earnings results on Tuesday, July 28th. The real estate investment trust reported $0.05 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.25). Acadia Realty Trust had a net margin of 12.14% and a return on equity of 1.85%. The business had revenue of $95.42 million during the quarter, compared to analysts’ expectations of $92.36 million. During the same quarter in the previous year, the business posted $0.32 EPS. The company’s quarterly revenue was down 5.1% on a year-over-year basis. Acadia Realty Trust has set its FY 2026 guidance at 1.240-1.260 EPS. On average, research analysts expect that Acadia Realty Trust will post 1.25 earnings per share for the current year.

About Acadia Realty Trust

Acadia Realty Trust (NYSE: AKR) is a Maryland real estate investment trust (REIT) that focuses on the acquisition, development, ownership and operation of grocery-anchored and necessity-based shopping centers. The company targets retail properties that serve densely populated urban and suburban markets and typically feature essential tenants such as supermarkets, drugstores, fitness centers and other service-oriented retailers. As a self-managed REIT, Acadia oversees leasing, property management, financing and construction activities through its in-house platform.

Acadia’s portfolio is diversified across property types and lease structures, with an emphasis on sites that benefit from long-term consumer traffic and resilient tenancy.