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Wednesday, September 27, 2023

Acadia Realty Trust (AKR): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Acadia Realty Trust (AKR) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $15.93. The Acadia Realty Trust has recorded 26,794 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Acadia Realty Trust Announces $0.18 Per Share Quarterly Dividend.

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Stocks Info

This NYSE-listed company operates within the REIT – Retail industry segment, falling under the Real Estate sector. At the end of the last regular session, the stock closed at $15.93 and fluctuated between $15.99 as its day high and $15.44 as its day low. The current market capitalization of Acadia Realty Trust is $1.52B. A total of 1.06 million shares were traded on the day, compared to an average of 776.42K shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, AKR has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 23 BUYs and 2 SELLs from insiders. Insiders purchased 237,045 shares during that period but sold 1,607.

In the most recent transaction, CROCKER DOUGLAS II bought 28,250 shares of AKR for 12.90 per share on May 24. After the transaction, the Director now owns 112,397 company shares. In a previous transaction on Dec 01, LUSCOMBE WENDY W sold 807 shares at 15.23 per share. AKR shares that Director owns now total 37,614.

Among the insiders who sold shares, LUSCOMBE WENDY W disposed of 800 shares on Nov 29 at a per-share price of $15.05. This resulted in the Director holding 38,421 shares of AKR after the transaction.


The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. AKR’s most recent ex-dividend date was 9/28/2023 when it declared a $0.18 quarterly dividend that was paid in cash on 10/13/2023. Previously, the company paid the dividend on 7/14/2023 with an ex-dividend date of 6/29/2023. The AKR stock dividend was $0.18 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for AKR in the last 3 months, the mean price target is $16.50 with high estimates of $21.00 and low estimates of $14.00. In terms of 52-week highs and lows, AKR has a high of $16.36 and a low of $12.28.

As of this writing, AKR has an earnings estimate of -$0.01 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of -$0.01 per share and a lower estimate of -$0.02. The company reported an EPS of $0.14 in the last quarter, which was 16.70% higher than expectations of $0.12.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. AKR’s latest balance sheet shows that the firm has $17.75M in Cash & Short Term Investments as of fiscal 2021. There were $1.85B in debt and $373.72M in liabilities at the time. Its Book Value Per Share was $17.70, while its Total Shareholder’s Equity was $2.15B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AKR is Buy with a score of 3.00.

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