Acadia Realty Trust Common Stock (AKR)

FairStock Score: 33/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

Acadia is a small retail REIT with 138 employees, owning street and open-air properties in strong retail corridors and running an investment-management platform. The location-based nature of the portfolio can create local scarcity, but that is not a wide moat; retail real estate remains cyclical and tenant-dependent. For a REIT, reported EPS is distorted by depreciation, and FFO/AFFO—the right REIT measures—are not in this data. So I set aside Graham-style earnings math and margin of safety. I lean instead on dividend yield, leverage, revenue trend and price-to-book. At the 2026-10-13 close of $18.26, FairStock calculated P/B of 1.07, dividend yield 4.15%, FCF yield 6.6%, and debt-to-equity 0.63. The dividend looks reasonably covered by cash flow, and leverage is moderate. But profitability is weak: FairStock's ROE is 5.72%, ROCE 1.18%, P/E 52.17, Altman Z 0.68, Piotroski 4/9, and its score is 33/100. The Lynch category is TURNAROUND because it returned to profit after a loss within the last three years. Filed results are lumpy. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $95.4M, net income $22.8M, and diluted EPS $0.05. In fiscal Q1 2026, the quarter ended 2026-03-31, revenue was $103.0M, net income $139.1M, and diluted EPS $0.22. In FY2025, ended 2025-12-31, revenue was $410.8M, net income $16.9M, and diluted EPS $0.10. FY2024 revenue was $359.7M, net income $21.6M, and diluted EPS $0.19. Revenue growth is -5.14% on FairStock's calculation, while profit growth is +462.3%, reflecting a volatile recovery. A P/B near 1 and a 4.15% yield are not demanding, but weak returns and a fragile Altman Z mean this is a show-me story.

In plain English: Acadia Realty Trust owns and operates street and open-air retail properties and manages real estate investments for partners. The business looks mixed: it owns desirable locations but recent sales have slipped, profits are thin, and it is just back to profit after earlier losses. At $18.26 on 2026-10-13, the price is near the low end of its recent range and only slightly above the value of its real estate on the books, so it looks roughly fair, perhaps modestly cheap if results keep improving.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer