Acadia Realty Trust which can be found using ticker (AKR) now have 6 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The range between the high target price and low target price is between 21 and 15 calculating the mean target price we have $16.92. Given that the stocks previous close was at $13.64 this indicates there is a potential upside of 24.0%. The 50 day MA is $14.71 while the 200 day moving average is $15.21. The company has a market cap of $1,431m. You can visit the company’s website by visiting: https://www.acadiarealty.com
The potential market cap would be $1,775m based on the market consensus.
Acadia Realty Trust is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual Core Portfolio and Fund operating platforms and its disciplined, location-driven investment strategy. Acadia Realty Trust is accomplishing this goal by building a best-in-class core real estate portfolio with meaningful concentrations of assets in the nation’s most dynamic corridors; making profitable opportunistic and value-add investments through its series of discretionary, institutional funds; and maintaining a strong balance sheet.
The company has a dividend yield of 5.28% with the ex dividend date set at 30-3-2023 (DMY).
