| (USD) | Dec 2023 | Q/Q |
|---|---|---|
| Revenue | 85.5MM | +5% |
| Operating Income | 10.6MM | +59% |
| Operating Expenses | 74.9MM | - |
| Net Income | -10.2MM | -37% |
| G&A | 10.6MM | +3% |
| Amortization | 35MM | +4% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Recent unexpected strength in the March Consumer Price Index (CPI) and retail sales report shook the bond market this past week, triggering a sell-off in interest-rate sensitive stocks such as real estate investment trusts (REITs). The Vanguard Real Estate Index Fund ETF (NYSE:VNQ) sank 6.5% from $85.97 to $80.32 over the past four trading days as of April 17, 2024. REITs across several different sub-sectors, such as Prologis Inc. (NYSE:PLD), SL Green Realty Corp. (NYSE:SLG), Simon Property Grou
RYE, N.Y., April 15, 2024--Acadia Realty Trust (NYSE: AKR) (the "Company") announced today that it closed on a $750 million amended and restated credit facility, which replaces and extends the Company’s existing $700 million credit facility. The facility was oversubscribed and maintained the pricing spread from the prior facility while improving its financial covenant package.
The start of the second quarter of 2024 has been challenging for real estate investment trusts (REITs). On Good Friday, when Federal Reserve Chairman Jerome Powell noted that higher-than-expected strength in job gains and inflation may delay or reduce interest rate cuts in 2024, markets again sold off interest rate-sensitive stocks such as REITs. Despite the latest disappointment, there was some good news last week, as analysts upgraded several REITs and raised price targets on many others while
RYE, N.Y., April 02, 2024--Acadia Realty Trust (NYSE:AKR) ("Acadia" or the "Company") will release its first quarter 2024 earnings on Monday, April 29, 2024, after market close. Management will conduct a conference call on Tuesday, April 30, 2024, at 11:00 AM ET to review the Company’s earnings and operating results. Participant registration and webcast information is listed below.
RYE, N.Y., February 29, 2024--Acadia Realty Trust (NYSE:AKR) ("Acadia" or the "Company") today announced that the Company will participate and present at the Citi 2024 Global Property CEO Conference, which will be held on March 3, 2024 – March 6, 2024, in Hollywood, FL. Kenneth F. Bernstein, Acadia’s President and Chief Executive Officer, is scheduled to make a company presentation on Monday, March 4, 2024 at 8:50 a.m. ET.
RYE, N.Y., February 28, 2024--Acadia Realty Trust (NYSE:AKR) ("Acadia" or the "Company") today announced that its Board of Trustees has declared a cash dividend of $0.18 per common share for the quarter ended March 31, 2024. The quarterly dividend is payable on April 15, 2024 to holders of record as of March 28, 2024.
RYE, N.Y., February 21, 2024--Acadia Realty Trust (NYSE:AKR) ("Acadia" or the "Company") today announced the date of the Company’s 2024 Annual Shareholder Meeting.
Acadia Realty Trust (NYSE:AKR) Q4 2023 Earnings Call Transcript February 14, 2024 Acadia Realty Trust isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Thank you for standing by, and welcome to Acadia Realty Trust Fourth Quarter 2023 Earnings Conference Call […]
Q4 2023 Acadia Realty Trust Earnings Call
Same-Property NOI Growth and Core Cash Rent Spreads Highlight Positive Year-End Results