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The price of Acadia Realty Trust (NYSE: AKR) closed at $22.68 in the last session, up 0.22% from day before closing price of $22.63. In other words, the price has increased by $0.22 from its previous closing price. On the day, 1.08 million shares were traded. AKR stock price reached its highest trading level at $22.82 during the session, while it also had its lowest trading level at $22.38.
Ratios:
We take a closer look at AKR’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 43.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 49.87. In the meantime, Its Debt-to-Equity ratio is 1.03 whereas as Long-Term Debt/Eq ratio is at 0.90.
On April 05, 2024, BofA Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $18 to $20.
Truist Downgraded its Buy to Hold on January 16, 2024, while the target price for the stock was maintained at $18.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 2542155776 and an Enterprise Value of 4576951296. As of this moment, Acadia’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3658.06, and their Forward P/E ratio for the next fiscal year is 65.59. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1219.35. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.63 while its Price-to-Book (P/B) ratio in mrq is 1.34. Its current Enterprise Value per Revenue stands at 13.29 whereas that against EBITDA is 24.078.
Stock Price History:
Over the past 52 weeks, AKR has reached a high of $23.29, while it has fallen to a 52-week low of $13.24. The 50-Day Moving Average of the stock is 5.96%, while the 200-Day Moving Average is calculated to be 25.59%.
Shares Statistics:
According to the various share statistics, AKR traded on average about 839.17K shares per day over the past 3-months and 764050 shares per day over the past 10 days. A total of 105.33M shares are outstanding, with a floating share count of 104.59M. Insiders hold about 0.70% of the company’s shares, while institutions hold 108.66% stake in the company. Shares short for AKR as of 1724976000 were 2825298 with a Short Ratio of 3.37, compared to 1722384000 on 3101363. Therefore, it implies a Short% of Shares Outstanding of 2825298 and a Short% of Float of 5.35.
Dividends & Splits
The forward annual dividend rate for AKR is 0.72, which was 0.72 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.031816177The stock’s 5-year Average Dividend Yield is 4.46.
