Acadia Realty Trust (AKR) stock expected to gain 8.89% in the coming months

At the time of writing, Acadia Realty Trust [AKR] stock is trading at $22.96, down -0.65%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The AKR shares have lost -0.04% over the last week, with a monthly amount drifted -2.59%, and not seem to be holding up well over a long-time horizon.

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.

For the past year, the stock price of Acadia Realty Trust fluctuated between $16.09 and $26.29. Currently, Wall Street analysts expect the stock to reach $25 within the next 12 months. Acadia Realty Trust [NYSE: AKR] shares were valued at $22.96 at the most recent close of the market. An investor can expect a potential return of 8.89% based on the average AKR price forecast.

Analyzing the AKR fundamentals

According to Acadia Realty Trust [NYSE:AKR], the company’s sales were 359.69M for trailing twelve months, which represents an -7.15% plunge. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.06%. 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 0.81.

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 22.73 points at the first support level, and at 22.49 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.29, and for the 2nd resistance point, it is at 23.61.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 7.77, the price to book ratio is 1.33 and price to earnings (TTM) ratio is 124.58.

Transactions by insiders

Recent insider trading involved Gottfried John J., Executive VP and CFO, that happened on Feb 19 ’25 when 12000.0 shares were sold. Officer, Gottfried John J. completed a deal on Feb 19 ’25 to buy 12000.0 shares. Meanwhile, Executive VP and CFO Gottfried John J. sold 12500.0 shares on May 03 ’24.

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