Contrasting Acadia Realty Trust (AKR) and Its Rivals

Acadia Realty Trust (NYSE:AKR) is one of 85 public companies in the “Retail REITs” industry, but how does it weigh in compared to its competitors? We will compare Acadia Realty Trust to related companies based on the strength of its earnings, valuation, analyst recommendations, institutional ownership, profitability, risk and dividends.

Institutional and Insider Ownership

97.7% of Acadia Realty Trust shares are owned by institutional investors. Comparatively, 59.3% of shares of all “Retail REITs” companies are owned by institutional investors. 3.1% of Acadia Realty Trust shares are owned by insiders. Comparatively, 11.4% of shares of all “Retail REITs” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Dividends

Acadia Realty Trust pays an annual dividend of $0.80 per share and has a dividend yield of 4.2%. Acadia Realty Trust pays out 235.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Retail REITs” companies pay a dividend yield of 233.0% and pay out -36.2% of their earnings in the form of a dividend. Acadia Realty Trust has raised its dividend for 2 consecutive years. Acadia Realty Trust lags its competitors as a dividend stock, given its lower dividend yield and higher payout ratio.

Profitability

This table compares Acadia Realty Trust and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Acadia Realty Trust	12.14%	1.85%	1.04%
Acadia Realty Trust Competitors	30.46%	6.03%	3.25%

Analyst Recommendations

This is a summary of current ratings and price targets for Acadia Realty Trust and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Acadia Realty Trust	0	3	4	1	2.75
Acadia Realty Trust Competitors	962	3961	3435	135	2.32

Acadia Realty Trust currently has a consensus target price of $23.80, indicating a potential upside of 25.40%. As a group, “Retail REITs” companies have a potential upside of 10.82%. Given Acadia Realty Trust’s stronger consensus rating and higher probable upside, equities research analysts clearly believe Acadia Realty Trust is more favorable than its competitors.

Risk and Volatility

Acadia Realty Trust has a beta of 1.11, meaning that its share price is 11% more volatile than the S&P 500. Comparatively, Acadia Realty Trust’s competitors have a beta of 0.90, meaning that their average share price is 10% less volatile than the S&P 500.

Earnings and Valuation

This table compares Acadia Realty Trust and its competitors top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Acadia Realty Trust	$410.76 million	$16.90 million	55.82
Acadia Realty Trust Competitors	$838.03 million	$253.68 million	26.47

Acadia Realty Trust’s competitors have higher revenue and earnings than Acadia Realty Trust. Acadia Realty Trust is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Summary

Acadia Realty Trust competitors beat Acadia Realty Trust on 8 of the 15 factors compared.

About Acadia Realty Trust

Acadia Realty Trust is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual Core Portfolio and Fund operating platforms and its disciplined, location-driven investment strategy. Acadia Realty Trust is accomplishing this goal by building a best-in-class core real estate portfolio with meaningful concentrations of assets in the nation's most dynamic corridors; making profitable opportunistic and value-add investments through its series of discretionary, institutional funds; and maintaining a strong balance sheet.