Acadia Realty Trust (AKR) stock price forecast predicts $20.5 value

Acadia Realty Trust [AKR] stock prices are down -0.41% to $24.49 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The AKR shares have gain 0.91% over the last week, with a monthly amount glided 7.37%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Acadia Realty Trust [NYSE: AKR] stock has seen the most recent analyst activity on October 10, 2024, when Compass Point upgraded its rating to a Buy but kept the price target unchanged to $27 for it. Previously, JP Morgan upgraded its rating to Neutral on June 26, 2024, and kept the price target unchanged to $18. On April 05, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $20 on the stock. Truist downgraded its rating to a Hold but stick to its price target of $18 on January 16, 2024. Jefferies upgraded its rating to a Buy and raised its price target to $20 on January 02, 2024. Compass Point downgraded its rating to Neutral for this stock on November 30, 2023, but kept the price target unchanged to $16. In a note dated December 14, 2022, KeyBanc Capital Markets downgraded an Sector Weight rating on this stock and revised its target price from $17 to $16.

The stock price of Acadia Realty Trust [AKR] has been fluctuating between $13.48 and $24.75 over the past year. Currently, Wall Street analysts expect the stock to reach $20.5 within the next 12 months. Acadia Realty Trust [NYSE: AKR] shares were valued at $24.49 at the most recent close of the market. An investor can expect a potential drop of -16.29% based on the average AKR price forecast.

Analyzing the AKR fundamentals

The Acadia Realty Trust [NYSE:AKR] reported sales of 366.87M for trailing twelve months, representing a surge of 7.81%. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.91.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 24.31 points at the first support level, and at 24.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.79, and for the 2nd resistance point, it is at 25.10.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 8.12, the price to book ratio is 1.45 and price to earnings (TTM) ratio is 248.38.

Transactions by insiders

Recent insider trading involved Gottfried John J., Executive VP and CFO, that happened on May 03 ’24 when 12500.0 shares were sold. Sr. VP, Hartmann Richard completed a deal on May 03 ’24 to sell 25000.0 shares. Meanwhile, Director ZOBA C DAVID bought 1000.0 shares on Mar 15 ’24.

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