AKR Stock Recent News

Acadia Realty Trust (AKR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

U.S. equity markets posted their worst week in a year while benchmark interest rates surged to five-month highs as investors monitored an intensification of geopolitical tensions and hawkish Fed commentary. Inflamed by resurgent energy prices and insatiable Federal government spending, Fed Chair Powell and other officials acknowledged a stalling-out of inflation progress in recent months and delayed cut expectations. Declining on all five trading sessions, the S&P 500 declined another 3.1% this week - its worst week since March 2023 - while high-flying technology stocks were hit particularly hard.

Acadia Realty Trust: Safe 4.2% Dividend Yield From Street Retail, But I'm Not Buying

RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE:AKR) (“Acadia” or the “Company”) will release its first quarter 2024 earnings on Monday, April 29, 2024, after market close. Management will conduct a conference call on Tuesday, April 30, 2024, at 11:00 AM ET to review the Company's earnings and operating results. Participant registration and webcast information is listed below. Live Conference Call: Date: Tuesday, April 30, 2024 Time: 11:00 AM ET Participant Call: First Quarter 2024 Dial-I.

Acadia Realty Trust owns and manages retail properties in metropolitan and suburban markets across the US. The company's portfolio includes properties in major cities such as Chicago, New York, Los Angeles, and San Francisco. Acadia's financial performance has been disappointing, with shrinking same-store NOI and FFO, as well as an ever-decreasing stock price.

Acadia Realty Trust (AKR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE:AKR) (“Acadia” or the “Company”) will release its fourth quarter 2023 earnings on Tuesday, February 13, 2024, after market close. Management will conduct a conference call on Wednesday, February 14, 2024, at 11:00 AM ET to review the Company's earnings and operating results. Participant registration and webcast information is listed below. Live Conference Call: Date: Wednesday, February 14, 2024 Time: 11:00 AM ET Participant Call: Fourth Qua.