A new trading day began on Tuesday, with Acadia Realty Trust (NYSE: AKR) stock price up 0.24% from the previous day of trading, before settling in for the closing price of $24.92. AKR’s price has ranged from $14.62 to $25.58 over the past 52 weeks.
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During the last 5-year period, the sales growth of Real Estate Sector giant was 6.55%. Meanwhile, its annual earnings per share averaged 32.53%. With a float of $118.92 million, this company’s outstanding shares have now reached $119.66 million.
Let’s determine the extent of company efficiency that accounts for 117 employees. In terms of profitability, gross margin is 41.05%, operating margin of 20.54%, and the pretax margin is -0.82%.
Acadia Realty Trust (AKR) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the REIT – Retail Industry. The insider ownership of Acadia Realty Trust is 0.62%, while institutional ownership is 101.57%. 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
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.02 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 32.53% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.08% 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
Here are Acadia Realty Trust’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.29. Likewise, its price to free cash flow for the trailing twelve months is 48.64.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.10, a number that is poised to hit 0.09 in the next quarter and is forecasted to reach 0.39 in one year’s time.
Technical Analysis of Acadia Realty Trust (AKR)
Looking closely at Acadia Realty Trust (NYSE: AKR), its last 5-days average volume was 1.18 million, which is a jump from its year-to-date volume of 1.01 million. As of the previous 9 days, the stock’s Stochastic %D was 47.40%. Additionally, its Average True Range was 0.48.
During the past 100 days, Acadia Realty Trust’s (AKR) raw stochastic average was set at 92.37%, which indicates a significant increase from 58.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.76% in the past 14 days, which was lower than the 18.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $23.84, while its 200-day Moving Average is $19.63. However, in the short run, Acadia Realty Trust’s stock first resistance to watch stands at $25.15. Second resistance stands at $25.32. The third major resistance level sits at $25.55. If the price goes on to break the first support level at $24.75, it is likely to go to the next support level at $24.52. Should the price break the second support level, the third support level stands at $24.35.
Acadia Realty Trust (NYSE: AKR) Key Stats
With a market capitalization of 3.04 billion, the company has a total of 119,655K Shares Outstanding. Currently, annual sales are 338,690 K while annual income is 19,870 K. The company’s previous quarter sales were 87,750 K while its latest quarter income was 8,410 K.
