Acadia Realty Trust (AKR) Scheduled to Post Earnings on Wednesday

Acadia Realty Trust (NYSE:AKR) is scheduled to be releasing its earnings data after the market closes on Wednesday, February 21st. Analysts expect Acadia Realty Trust to post earnings of $0.08 per share for the quarter.

Shares of Acadia Realty Trust (NYSE AKR) opened at $22.71 on Wednesday. Acadia Realty Trust has a fifty-two week low of $21.34 and a fifty-two week high of $32.89. The stock has a market cap of $1,849.06, a PE ratio of 31.99, a PEG ratio of 1.70 and a beta of 0.46. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.48 and a quick ratio of 0.48.

A number of brokerages have recently issued reports on AKR. KeyCorp downgraded shares of Acadia Realty Trust from an “overweight” rating to a “hold” rating in a report on Monday, November 20th. Zacks Investment Research downgraded shares of Acadia Realty Trust from a “hold” rating to a “sell” rating in a report on Wednesday, November 15th. Finally, Boenning Scattergood reissued a “buy” rating and issued a $35.00 price target on shares of Acadia Realty Trust in a report on Monday, November 6th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. Acadia Realty Trust presently has a consensus rating of “Hold” and an average target price of $33.50.

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Acadia Realty Trust Company Profile

Acadia Realty Trust is a real estate investment trust. The Company is focused on the ownership, acquisition, development and management of retail properties located in the United States. It operates through three segments: Core Portfolio, Funds and Structured Financing. Core Portfolio and Fund properties primarily consist of street and urban retail, and dense suburban shopping centers.

Earnings History for Acadia Realty Trust (NYSE:AKR)

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