Acadia Realty Trust

Company Profile

Acadia Realty Trust had its IPO on 1993-05-26 under the ticker symbol AKR.

The company operates in the Real Estate sector and REIT-Retail industry. Acadia Realty Trust has a staff strength of 115 employees.

Stock update

Shares of Acadia Realty Trust opened at $12.71 at the start of the last trading session i.e. 2023-03-25.

The stocks traded within a range of $12.67 - $13.29, and closed at $13.27.

This is a +3.43% increase from the previous day's closing price.

A total volume of 486,100 shares were traded at the close of the day’s session.

In the last one week, shares of Acadia Realty Trust have slipped by -2.71%.

Acadia Realty Trust's Key Ratios

Acadia Realty Trust has a market cap of $1.46 billion, indicating a price to book ratio of 0.8199 and a price to sales ratio of 5.2342.

In the last 12-months Acadia Realty Trust’s revenue was $294.38 million with a gross profit of $192.46 million and an EBITDA of $148.39 million. The EBITDA ratio measures Acadia Realty Trust's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Acadia Realty Trust’s operating margin was 4.24% while its return on assets stood at 0.18% with a return of equity of -2.97%.

In Q4, Acadia Realty Trust’s quarterly earnings growth was a positive 8.9% while revenue growth was a positive 15.8%.

Acadia Realty Trust’s PE and PEG Ratio

Forward PE

232.5581

Trailing PE

0

PEG

22.04

Its diluted EPS in the last 12-months stands at $-0.4 per share while it has a forward price to earnings multiple of 232.5581 and a PEG multiple of 22.04. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Acadia Realty Trust’s profitability.

Acadia Realty Trust stock is trading at a EV to sales ratio of 9.9631 and a EV to EBITDA ratio of 22.6617. Its price to sales ratio in the trailing 12-months stood at 5.2342.

Acadia Realty Trust stock pays annual dividends of $0.72 per share, indicating a yield of 5.01% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$4.30 billion

Total Liabilities

$393.68 million

Operating Cash Flow

$20.78 million

Capital Expenditure

$14.18 million

Dividend Payout Ratio

0%

Acadia Realty Trust ended 2023 with $4.30 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $4.30 billion while shareholder equity stood at $1.69 billion.

Acadia Realty Trust ended 2023 with $0 in deferred long-term liabilities, $393.68 million in other current liabilities, 95000.00 in common stock, $-300402000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $17.16 million and cash and short-term investments were $17.16 million. The company’s total short-term debt was $168,287,000 while long-term debt stood at $1.62 billion.

Acadia Realty Trust’s total current assets stands at $216.69 million while long-term investments were $291.16 million and short-term investments were $291.16 million. Its net receivables were $173.41 million compared to accounts payable of $196.49 million and inventory worth $184.60 million.

In 2023, Acadia Realty Trust's operating cash flow was $20.78 million while its capital expenditure stood at $14.18 million.

Comparatively, Acadia Realty Trust paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$13.27

52-Week High

$21.6164

52-Week Low

$12.1222

Analyst Target Price

$16.83

Acadia Realty Trust stock is currently trading at $13.27 per share. It touched a 52-week high of $21.6164 and a 52-week low of $21.6164. Analysts tracking the stock have a 12-month average target price of $16.83.

Its 50-day moving average was $14.6 and 200-day moving average was $14.82 The short ratio stood at 3.15 indicating a short percent outstanding of 0%.

Around 76.2% of the company’s stock are held by insiders while 10286.7% are held by institutions.