Citigroup has upgraded Acadia Realty Trust (AKR) from Neutral to Buy, effective September 11, 2025. This change reflects a more optimistic outlook on the company's prospects within the real estate sector.
Acadia Realty Trust, headquartered in Rye, New York, is a real estate investment trust focused on the ownership, acquisition, development, and management of retail properties in densely populated metropolitan areas. The firm operates through three segments: Core Portfolio, Investment Management, and Structured Financing. It currently holds interests in approximately 210 properties.
As of November 20, 2025, Acadia Realty Trust has a market capitalisation of $2.6 billion, a P/E ratio of 144.77, and an EPS of $0.14. The company also boasts a dividend yield of 408.8%. Upcoming earnings are anticipated on July 27, 2026, with an estimated EPS of $0.07 and revenue of $109.0 million.
The upgrade underscores a shift in analyst sentiment, possibly indicating improved fundamentals or enhanced confidence in the company's strategic direction. Analyst ratings, while informative, should be considered alongside other factors such as company fundamentals and market trends, as they are based on projections that may not materialise.
As of November 1, 2025, the analyst consensus for Acadia Realty Trust includes 5 Strong Buy, 3 Buy, and 3 Hold ratings, reflecting a general positive outlook among analysts. Recent actions include Citigroup's upgrade on September 12, 2025, following a neutral stance just days prior from Ladenburg Thalmann.
Investment decisions should take into account a variety of aspects, including competitive positioning and individual financial goals, rather than relying solely on analyst opinions.