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Last $31.50 USD
Change Today -0.14 / -0.44%
Volume 196.8K
AKR On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 07/30/15 All times are local (Market data is delayed by at least 15 minutes).

acadia realty trust (AKR) Snapshot

Open
$31.53
Previous Close
$31.64
Day High
$31.76
Day Low
$31.29
52 Week High
02/5/15 - $36.82
52 Week Low
09/12/14 - $26.82
Market Cap
2.2B
Average Volume 10 Days
405.3K
EPS TTM
$1.31
Shares Outstanding
68.8M
EX-Date
06/26/15
P/E TM
24.1x
Dividend
$0.96
Dividend Yield
3.97%
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

Executive Chairman, Chief Executive Officer, ...
Total Annual Compensation: $2.2M
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $666.9K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $930.9K
Chief Investment Officer and Executive Vice P...
Total Annual Compensation: $934.3K
Senior Vice President and Senior Legal Counse...
Total Annual Compensation: $582.3K
Compensation as of Fiscal Year 2014.

acadia realty trust (AKR) Key Developments

Acadia Realty Trust Announces Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Reports Impairment of Asset the Second Quarter Ended June 30, 2015

Acadia Realty Trust announced consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total revenues of $53.161 million against $49.511 million a year ago. Operating income was $13.039 million against $18.834 million a year ago. Income from continuing operations before income taxes was $85.402 million against $11.225 million a year ago. Income from continuing operations was $85.458 million against $11.308 million a year ago. Net income was $85.458 million against $11.868 million a year ago. Net income attributable to common shareholders was $26.495 million against $11.464 million a year ago. Income from continuing operations attributable to common shareholders was $26.495 million against $11.365 million a year ago. Net income attributable to common shareholders-basic was $26.118 million against $11.266 million a year ago. Net earnings per share-basic and diluted were $0.38 against $0.19 a year ago. Funds from operations attributable to common shareholders and common OP unit holders were $34.871 million against $21.076 million a year ago. Diluted funds from operations, per common share and common op unit were $0.48 against $0.35 a year ago. Consolidated NOI was $33.209 million against $30.535 million a year ago. NOI-core portfolio was $26.175 million against $19.735 million a year ago. FFO for the quarter ended June 30, 2015 was $34.9 million, or $0.48 per share, which included a gain of $9.4 million, or $0.13 per share, resulting from the sale of air rights at Fund II’s City Point development project. This compares to FFO for the quarter ended June 30, 2014 of $21.1 million, or $0.35 per share, which included income of $2.0 million, or $0.03 per share, from the recovery of a note receivable and was net of $1.1 million, or $0.02 per share, of acquisition costs. For the six months, the company reported total revenues of $105.642 million against $96.196 million a year ago. Operating income was $28.187 million against $33.555 million a year ago. Income from continuing operations before income taxes was $125.356 million against $30.508 million a year ago. Income from continuing operations was $123.995 million against $30.423 million a year ago. Net income was $123.995 million against $30.983 million a year ago. Net income attributable to common shareholders was $43.042 million against $33.059 million a year ago. Income from continuing operations attributable to common shareholders was $43.042 million against $32.960 million a year ago. Net income attributable to common shareholders-basic was $42.427 million against $32.472 million a year ago. Net earnings per share-basic and diluted were $0.62 against $0.57 a year ago. Funds from operations attributable to common shareholders and common OP unit holders were $57.925 million against $39.995 million a year ago. Diluted funds from operations, per common share and common op unit were $0.80 against $0.67 a year ago. Consolidated NOI was $65.571 million against $58.849 million a year ago. NOI-core portfolio was $50.097 million against $38.942 million a year ago. FFO for the six months ended June 30, 2015 was $57.9 million, or $0.80 per share, net of $1.3 million, or $0.02 per share, of acquisition costs. FFO for the six months ended June 30, 2014 was $40.0 million, or $0.67 per share, net of $1.8 million, or $0.03 per share, of acquisition costs. For the quarter, the company reported impairment of asset of $5,000,000 for the second quarter ended June 30, 2015.

Acadia Realty Trust to Report Q2, 2015 Results on Jul 28, 2015

Acadia Realty Trust announced that they will report Q2, 2015 results at 5:00 PM, Eastern Standard Time on Jul 28, 2015

Acadia Realty Trust, Q2 2015 Earnings Call, Jul 29, 2015

Acadia Realty Trust, Q2 2015 Earnings Call, Jul 29, 2015

 

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