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Last $32.93 USD
Change Today -1.23 / -3.60%
Volume 495.3K
AKR On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 4:15 PM 03/6/15 All times are local (Market data is delayed by at least 15 minutes).

acadia realty trust (AKR) Snapshot

Open
$33.77
Previous Close
$34.16
Day High
$33.77
Day Low
$32.92
52 Week High
02/5/15 - $36.82
52 Week Low
03/20/14 - $25.45
Market Cap
2.2B
Average Volume 10 Days
397.8K
EPS TTM
$1.19
Shares Outstanding
68.1M
EX-Date
12/29/14
P/E TM
27.7x
Dividend
$0.96
Dividend Yield
3.73%
Current Stock Chart for ACADIA REALTY TRUST (AKR)

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acadia realty trust (AKR) Details

Acadia Realty Trust, a real estate investment trust (REIT), engages primarily in the ownership, acquisition, redevelopment, and management of retail properties in the United States. Its retail properties include neighborhood and community shopping centers, and mixed-use properties with retail components. As of December 31, 2008, it owned or had interests in, and operated 85 properties primarily in the northeast, mid-Atlantic, and Midwest regions of the United States. The company qualifies as a REIT for federal income tax purposes. As a REIT, it would not be subject to federal income tax to the extent that it distributes at least 90% of its taxable income to its shareholders. Acadia Realty Trust was founded in 1964 and is headquartered in White Plains, New York.

114 Employees
Last Reported Date: 02/20/15
Founded in 1964

acadia realty trust (AKR) Top Compensated Officers

Chief Executive Officer, President, Executive...
Total Annual Compensation: $2.1M
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $575.4K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $691.0K
Chief Investment Officer and Executive Vice P...
Total Annual Compensation: $877.9K
Senior Vice President and Senior Legal Counse...
Total Annual Compensation: $548.8K
Compensation as of Fiscal Year 2013.

acadia realty trust (AKR) Key Developments

Acadia Realty Trust Mulls Investment

Acadia Realty Trust (NYSE:AKR) is seeking investments. Kenneth Bernstein, President and Chief Executive Officer of Acadia Realty Trust, said in Acadia Realty Trust earnings call, “Our goal is not growth for growth's sake. Rather we're focused on positioning our core portfolio for continued long-term outperformance by focusing our acquisition activities on street retail and dynamic flagship or live, work, play urban markets, as well as supermarket or discounter-anchored shopping centers in both urban as well as high barrier to entry suburban markets. For 2015, and consistent with this 20% growth target, we are currently targeting between $300 million and $400 million of core acquisitions.”

Acadia Realty Trust Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the Year 2015

Acadia Realty Trust reported earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total revenues of $51.156 million against $44.103 million a year ago. Operating income was $17.479 million against $11.442 million a year ago. Income from continuing operations before income taxes was $9.990 million against $6.117 million a year ago. Income from continuing operations was $9.429 million against $6.155 million a year ago. Net income attributable to common shareholders was $9.441 million against $12.250 million a year ago. Net earnings per basic and diluted share were $0.15 against $0.22 a year ago. Basic and diluted earnings per share from continuing operations were $0.15 against $0.14 a year ago. Funds from operations were $20.161 million against $15.104 million a year ago. Funds from operations, per share were $0.30 against $0.27 a year ago. Consolidated NOI was $31.680 million against $26.534 million a year ago. NOI -- core portfolio was $21.657 million against $17.564 million a year ago. The increase for the fourth quarter was driven primarily by increased rents, while the full year increase was impacted by both increased rents and occupancy gains. For the year, the company reported total revenues of $195.012 million against $168.286 million a year ago. Operating income was $66.263 million against $55.879 million a year ago. Income from continuing operations before income taxes was $151.553 million against $26.522 million a year ago. Income from continuing operations was $150.924 million against $26.503 million a year ago. Net income attributable to common shareholders was $71.064 million against $40.115 million a year ago. Net earnings per basic and diluted share were $1.18 against $0.72 a year ago. Basic and diluted earnings per share from continuing operations were $1.18 against $0.61 a year ago. Funds from operations were $78.882 million against $67.161 million a year ago. Funds from operations, per share were $1.26 against $1.20 a year ago. Consolidated NOI was $122.108 million against $104.023 million a year ago. NOI -- core portfolio was $81.332 million against $67.617 million a year ago. The company forecasts that its 2015 annual FFO will range from $1.48 to $1.56 per share and 2015 EPS will range from $0.82 to $0.87. Core and pro-rata share of Funds’ portfolio income is in the range of $104.3 million to $109.3 million, FFO is in the range of $108.7 million to $116.6 million.

Acadia Realty Trust Presents at Citl's 2015 Global Property CEO Conference, Mar-04-2015 08:10 AM

Acadia Realty Trust Presents at Citl's 2015 Global Property CEO Conference, Mar-04-2015 08:10 AM. Venue: The Diplomat Resort & Spa, 3555 South Ocean Drive, Hollywood, FL 33019, United States. Speakers: Kenneth F. Bernstein, Chief Executive Officer, President, Executive Chairman, Trustee, and Ex-Officio Member of Investment/Capital Markets Committee.

 

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AKR Competitors

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