Acadia Realty Trust (AKR)
NYSE:AKR
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Earnings Data
Report Date
Aug 04, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.05Last Year’s EPS
0.09Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented multiple strong operational and financial positives — double-digit earnings growth, raised guidance, substantial transaction volume, improved occupancy, and a substantial leasing pipeline — balanced against macro uncertainty, increased competition that necessitates more value-add activity, and some timing/capitalization headwinds (CityPoint loan conversion impact, capitalized redevelopment costs, and backloaded commencements). Overall the company conveyed confidence in its street-retail thesis and sufficient balance-sheet flexibility to pursue accretive growth, while acknowledging market and timing risks.Company Guidance
Strong Earnings Growth
Reported year-over-year earnings (FFO) growth of 11%, driven by nearly 6% same-store growth; raised full-year 2026 FFO guidance to $1.22–$1.26 (midpoint ~9% growth versus 2025 FFO of $1.14).
Robust Transactional Activity and Capital Raise
Completed over $2.5 billion of transactional activity year-to-date, including ~$600 million of new investments, over $500 million of recapitalizations via the investment management platform, and a new $1.4 billion unsecured corporate credit facility (borrowing capacity increased by $250 million).
Acquisitions and Investment Management Wins
Closed over $1 billion of acquisitions and recapitalizations (Q1 and through April), including REIT deals such as 225 Worth Ave ($43M) and 4 & 28 Newbury ($109M) and investment-management recaps including a $440M JV with TPG and a $68M recap with Cohen & Steers.
Occupancy and Leasing Momentum
REIT economic occupancy increased to 94%; overall portfolio occupancy at 91.7% as of March 31. Q1 signed-lease volume added ~$3.5M at the company's share and the pipeline of leases in advanced negotiation rose to $11.5M (net increase of nearly $2.5M QoQ).
Signed-Not-Open (SNO) Pipeline and Embedded ABR Growth
SNO pipeline totaled $10.5M (approx. 5% of RABR) and grew ~18% during the quarter. Management expects ~$2–3M of incremental ABR to commence in 2026 and $7–8M of embedded incremental ABR rolling into 2027, with ~80% of SNO ABR targeted to commence in 2026.
Street Retail Outperformance and Rent Upside
Street and urban portfolio showing strong performance (street/urban occupancy up ~140 bps sequentially and ~570 bps year-over-year). Negotiations on high-growth streets show weighted-average rent spreads of just over 40% on new deals/mark-to-markets (implying near ~60% rent growth over five years when combined with 3% contractual escalators).
Henderson Avenue Development Progress
Henderson Avenue (Dallas) development is ~80% pre-leased for retail, showing tenant sales that could justify rents doubling; project targeting stabilization yields of ~8%–10%, construction largely complete by back half 2026, stabilization in 2027 and fully operational by 2028.
Balance Sheet Flexibility
Acquired over $600M of REIT and investment-management deals year-to-date without issuing equity; refinanced a $1.4B revolver that was significantly oversubscribed, extended maturities and tightened pricing, and reported manageable maturities and swap expirations over the next few years.
AKR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AKR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2026 | $21.20 | $21.65 | +2.12% |
Feb 10, 2026 | $21.20 | $20.32 | -4.16% |
Oct 28, 2025 | $18.73 | $18.71 | -0.15% |
Jul 29, 2025 | $18.56 | $18.05 | -2.72% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Acadia Realty Trust (AKR) report earnings?
Acadia Realty Trust (AKR) is schdueled to report earning on Aug 04, 2026, After Close (Confirmed).
What is Acadia Realty Trust (AKR) earnings time?
Acadia Realty Trust (AKR) earnings time is at Aug 04, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AKR EPS forecast?
AKR EPS forecast for the fiscal quarter 2026 (Q2) is 0.05.