On Tuesday, Acadia Realty Trust (NYSE: AKR) opened lower -1.13% from the last session, before settling in for the closing price of $25.63. Price fluctuations for AKR have ranged from $15.48 to $26.29 over the past 52 weeks.
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Annual sales at Real Estate sector company grew by 6.55% over the past five years. Company’s average yearly earnings per share was noted 28.35% at the time writing. With a float of $118.92 million, this company’s outstanding shares have now reached $119.66 million.
Let’s look at the performance matrix of the company that is accounted 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 and Institutional Ownership
A key investor’s attitude towards the stock of the REIT – Retail industry is another important factor to consider. The insider ownership of Acadia Realty Trust is 0.62%, while institutional ownership is 101.23%. 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) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.02 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.01) by -0.03. 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 28.35% 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
Check out the current performance indicators for Acadia Realty Trust (AKR). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.41. Likewise, its price to free cash flow for the trailing twelve months is 49.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.10, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.38 in one year’s time.
Technical Analysis of Acadia Realty Trust (AKR)
Acadia Realty Trust (NYSE: AKR) saw its 5-day average volume 1.09 million, a positive change from its year-to-date volume of 1.02 million. As of the previous 9 days, the stock’s Stochastic %D was 57.98%. Additionally, its Average True Range was 0.46.
During the past 100 days, Acadia Realty Trust’s (AKR) raw stochastic average was set at 86.68%, which indicates a significant increase from 52.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.19% in the past 14 days, which was lower than the 18.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.32, while its 200-day Moving Average is $20.02. Nevertheless, the first resistance level for the watch stands at $25.59 in the near term. At $25.84, the stock is likely to face the second major resistance level. The third major resistance level sits at $26.00. If the price goes on to break the first support level at $25.18, it is likely to go to the next support level at $25.02. The third support level lies at $24.77 if the price breaches the second support level.
Acadia Realty Trust (NYSE: AKR) Key Stats
There are currently 119,655K shares outstanding in the company with a market cap of 3.08 billion. Presently, the company’s annual sales total 338,690 K according to its annual income of 19,870 K. Last quarter, the company’s sales amounted to 87,750 K and its income totaled 8,410 K.
