Financial Comparison: Acadia Realty Trust (AKR) versus The Competition

Acadia Realty Trust (NYSE:AKR) is one of 85 publicly-traded companies in the “Retail REITs” industry, but how does it weigh in compared to its rivals? We will compare Acadia Realty Trust to related businesses based on the strength of its profitability, risk, valuation, analyst recommendations, earnings, institutional ownership and dividends.

Analyst Ratings

This is a breakdown of current recommendations for Acadia Realty Trust and its rivals, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Acadia Realty Trust	0	3	4	1	2.75
Acadia Realty Trust Competitors	960	3960	3435	134	2.32

Acadia Realty Trust currently has a consensus target price of $23.80, suggesting a potential upside of 25.00%. As a group, “Retail REITs” companies have a potential upside of 12.25%. Given Acadia Realty Trust’s stronger consensus rating and higher possible upside, equities analysts clearly believe Acadia Realty Trust is more favorable than its rivals.

Volatility & Risk

Acadia Realty Trust has a beta of 1.11, suggesting that its share price is 11% more volatile than the S&P 500. Comparatively, Acadia Realty Trust’s rivals have a beta of 0.90, suggesting that their average share price is 10% less volatile than the S&P 500.

Profitability

This table compares Acadia Realty Trust and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Acadia Realty Trust	12.14%	1.85%	1.04%
Acadia Realty Trust Competitors	30.43%	6.02%	3.24%

Insider and Institutional Ownership

97.7% of Acadia Realty Trust shares are held by institutional investors. Comparatively, 59.2% of shares of all “Retail REITs” companies are held by institutional investors. 3.1% of Acadia Realty Trust shares are held by insiders. Comparatively, 11.4% of shares of all “Retail REITs” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Dividends

Acadia Realty Trust pays an annual dividend of $0.80 per share and has a dividend yield of 4.2%. Acadia Realty Trust pays out 235.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Retail REITs” companies pay a dividend yield of 234.9% and pay out 78.0% of their earnings in the form of a dividend. Acadia Realty Trust has raised its dividend for 2 consecutive years. Acadia Realty Trust lags its rivals as a dividend stock, given its lower dividend yield and higher payout ratio.

Earnings & Valuation

This table compares Acadia Realty Trust and its rivals revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Acadia Realty Trust	$404.19 million	$16.90 million	56.00
Acadia Realty Trust Competitors	$821.09 million	$253.68 million	26.37

Acadia Realty Trust’s rivals have higher revenue and earnings than Acadia Realty Trust. Acadia Realty Trust is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Summary

Acadia Realty Trust rivals beat Acadia Realty Trust on 8 of the 15 factors compared.

Acadia Realty Trust Company Profile

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.