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

Acadia Realty Trust (NYSE:AKR) will be issuing its quarterly earnings data after the market closes on Wednesday, February 21st. Analysts expect the company to announce earnings of $0.08 per share for the quarter.

Shares of Acadia Realty Trust (AKR) opened at $23.06 on Monday. The company has a market capitalization of $1,930.26, a price-to-earnings ratio of 15.07, a PEG ratio of 1.86 and a beta of 0.46. The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 0.48. Acadia Realty Trust has a twelve month low of $21.34 and a twelve month high of $32.89.

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

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About Acadia Realty Trust

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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