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After finishing at $23.42 in the prior trading day, Acadia Realty Trust (NYSE: AKR) closed at $23.11, down -1.32%. In other words, the price has decreased by -$1.32 from its previous closing price. On the day, 1.14 million shares were traded. AKR stock price reached its highest trading level at $23.6 during the session, while it also had its lowest trading level at $22.895.
Ratios:
Our goal is to gain a better understanding of AKR by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 40.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 45.00. In the meantime, Its Debt-to-Equity ratio is 0.89 whereas as Long-Term Debt/Eq ratio is at 0.80.
On June 26, 2024, JP Morgan Upgraded its rating to Neutral which previously was Underweight but kept the price unchanged to $18.
BofA Securities Upgraded its Neutral to Buy on April 05, 2024, whereas the target price for the stock was revised from $18 to $20.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 03 ’24 when Gottfried John J. sold 12,500 shares for $16.89 per share. The transaction valued at 211,141 led to the insider holds 7,600 shares of the business.
Hartmann Richard sold 25,000 shares of AKR for $427,622 on May 03 ’24. The Sr. VP now owns 0 shares after completing the transaction at $17.10 per share. On Mar 15 ’24, another insider, ZOBA C DAVID, who serves as the Director of the company, bought 1,000 shares for $16.30 each. As a result, the insider paid 16,300 and bolstered with 2,700 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AKR now has a Market Capitalization of 2982045184 and an Enterprise Value of 4839800832. As of this moment, Acadia’s Price-to-Earnings (P/E) ratio for their current fiscal year is 234.38, and their Forward P/E ratio for the next fiscal year is 56.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 76.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.67 while its Price-to-Book (P/B) ratio in mrq is 1.37. Its current Enterprise Value per Revenue stands at 13.173 whereas that against EBITDA is 22.698.
Stock Price History:
Over the past 52 weeks, AKR has reached a high of $26.29, while it has fallen to a 52-week low of $16.09. The 50-Day Moving Average of the stock is -6.59%, while the 200-Day Moving Average is calculated to be 10.41%.
Shares Statistics:
The stock has traded on average 1.34M shares per day over the past 3-months and 1951100 shares per day over the last 10 days, according to various share statistics. A total of 119.66M shares are outstanding, with a floating share count of 118.92M. Insiders hold about 0.62% of the company’s shares, while institutions hold 101.41% stake in the company. Shares short for AKR as of 1734048000 were 10184130 with a Short Ratio of 7.58, compared to 1731628800 on 6118656. Therefore, it implies a Short% of Shares Outstanding of 10184130 and a Short% of Float of 15.18.
Dividends & Splits
In the trailing 12 months, AKR’s forward annual dividend rate was 0.73, compared to 0.74 this year. Against a Trailing Annual Dividend Yield of 0.031169942The stock’s 5-year Average Dividend Yield is 4.38.
