On Tuesday, Acadia Realty Trust (NYSE: AKR) was -0.28% drop from the session before settling in for the closing price of $21.50. A 52-week range for AKR has been $13.24 – $22.51.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Real Estate sector was 6.55%. When this article was written, the company’s average yearly earnings per share was at 42.70%. With a float of $104.45 million, this company’s outstanding shares have now reached $105.33 million.
Considering the fact that the conglomerate employs 117 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 39.61%, operating margin of 17.91%, and the pretax margin is -8.76%.
Acadia Realty Trust (AKR) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Acadia Realty Trust stocks. The insider ownership of Acadia Realty Trust is 0.84%, while institutional ownership is 110.07%. The most recent insider transaction that took place on May 03 ’24, was worth 211,141. In this transaction Executive VP and CFO of this company sold 12,500 shares at a rate of $16.89, taking the stock ownership to the 7,600 shares. Before that another transaction happened on May 03 ’24, when Company’s Sr. VP sold 25,000 for $17.10, making the entire transaction worth $427,622. This insider now owns 0 shares in total.
Acadia Realty Trust (AKR) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.02 earnings per share (EPS) during the time that was less than consensus figure (set at -0.01) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 42.70% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.00% during the next five years compared to -12.19% drop over the previous five years of trading.
Acadia Realty Trust (NYSE: AKR) Trading Performance Indicators
You can see what Acadia Realty Trust (AKR) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.26. Likewise, its price to free cash flow for the trailing twelve months is 47.15.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.01, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 0.32 in one year’s time.
Technical Analysis of Acadia Realty Trust (AKR)
Compared to the last year’s volume of 1.02 million, its volume of 0.74 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 54.92%. Additionally, its Average True Range was 0.45.
During the past 100 days, Acadia Realty Trust’s (AKR) raw stochastic average was set at 83.22%, which indicates a significant increase from 62.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.38% in the past 14 days, which was higher than the 21.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.46, while its 200-day Moving Average is $17.29. Nevertheless, the first resistance level for the watch stands at $21.57 in the near term. At $21.71, the stock is likely to face the second major resistance level. The third major resistance level sits at $21.84. If the price goes on to break the first support level at $21.30, it is likely to go to the next support level at $21.17. Should the price break the second support level, the third support level stands at $21.03.
Acadia Realty Trust (NYSE: AKR) Key Stats
There are 103,181K outstanding shares of the company, which has a market capitalization of 2.26 billion. As of now, sales total 338,690 K while income totals 19,870 K. Its latest quarter income was 87,250 K while its last quarter net income were 1,440 K.
