Acadia Realty Trust (AKR) Stock

Acadia Realty Trust (AKR) is a Real Estate stock trading at $21.04 (as of 2026-08-21), with a market capitalization of $2.81B and a trailing P/E of 13.3. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Acadia Realty Trust is an equity real estate investment trust that operates through a core portfolio platform and a fund platform to pursue long-term growth. It invests in properties through its core real estate holdings and makes opportunistic or value-add investments via discretionary, institutional funds.

Understand Acadia Realty Trust: how it makes money

Acadia Realty Trust is an equity REIT that owns real estate and makes opportunistic, value-add investments through discretionary institutional funds, earning money mainly from rental income from its core properties.

Acadia’s profit model combines recurring rental revenue from a Core Portfolio with additional, more discretionary returns targeted through Fund operations that run opportunistic and value-add investments.

Revenue by segment (latest quarter)
Core Rental$0.1B
Other$0.0B

Business quality (Strong): The model is structurally clear (core rental income plus discretionary fund-driven value creation), but the provided facts do not show operating detail beyond segment revenue, limiting visibility into performance drivers.

Valuation: At 71× earnings, AKR trades 112% above the Trading average (34×). Note: one-time items can distort reported P/E.

Bull case

  • Dual platform approach: Acadia targets long-term growth through Core Portfolio operating performance and additional returns through its Fund operating platform.
  • Rental income is the central revenue source: In the provided segment data for the latest period, Rental Revenues account for the majority of revenue.

Bear case

  • Greater outcome variability from discretionary funds: The Fund platform includes opportunistic and value-add investments, which can make results less predictable than core rental revenue.
  • Real estate results can be sensitive to market conditions: Because the company’s key operating activity is owning and renting real estate, property market dynamics can affect its operating performance.
Valuation — source: SEC EDGAR (first-party)
Price$21.04
Market Cap$2.81B
P/E Ratio13.3
EV / EBITDA11.9
Price / Book1.05
Price / Sales4.71
DCF Value (model)$26.52
DCF Upside vs Price26.0%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$410.76M
Net Margin4.1%
Revenue Growth (YoY)1400.8%
EPS Growth (YoY)400.0%
Valuation vs Sector & Industry
Stock P/E13.3
Sector P/E (Real Estate)27.2
Industry P/E (Trading)35.3
vs Sector-51.1%
vs Industry-62.4%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($442.95M)
Institutional Holders Tracked10
Congressional Trades (recent)1
Company
SectorReal Estate
IndustryTrading
CEOReginald Livingston
Employees129
CountryUS
IPO Date1993-05-27

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AKR earnings history · AKR institutional & insider holders · AKR KPIs & operating metrics · AKR financials · AKR investor presentations & press releases · AKR SEC filings · AKR peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.