REITResearch

Acadia Realty Trust AKR

Listed / Traded Retail NYSE Mgmt:

Acadia Realty Trust is an equity real estate investment trust focused on delivering long-term, profitable growth. Acadia owns and operates a high-quality core real estate portfolio of street and open-air retail properties in the nation's most dynamic retail corridors (REIT Portfolio), along with an investment management platform that targets opportunistic and value-add investments through its institutional co-investment vehicles (Investment Management).

Snapshot

Price
$21.17
Market cap
$2.83B
Enterprise value
$4.45B
Dividend yieldi
3.78%
Annual dividendi
$0.80
Frequency
Quarterly
FFO / sharei
$0.26 · Q1 2026
FFO As Adjusted / sharei
$0.30 · Q1 2026
Net debt / EBITDAi
5.50x · Adj. EBITDA
Op. cash flow / sharei
$1.27
Price / OCFi
16.62
Payout (% of OCF)i
62.80%
Debt / book capitali
42.07%
Premium / disc. to NAVi
No free consensus-NAV source
Credit ratingi
No free ratings feed

Reported FFO / FFO As Adjusted / leverage are from the Q1 2026 earnings release (filed 2026-05-13) — 8-K, EX-99.1.

Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.

Dividends

Ex-dateRecordPaymentDeclaredAmountFreq.
2026-06-302026-06-302026-07-15 2026-05-12$0.20Quarterly
2026-03-312026-03-312026-04-15 2026-02-26$0.20Quarterly
2025-12-312025-12-312026-01-15 2025-11-06$0.20Quarterly
2025-09-302025-09-302025-10-15 2025-08-06$0.20Quarterly
2025-06-302025-06-302025-07-15 2025-05-07$0.20Quarterly
2025-03-312025-03-312025-04-15 2025-02-11$0.20Quarterly
2024-12-312024-12-312025-01-15 2024-11-07$0.19Quarterly
2024-09-302024-09-302024-10-15 2024-07-30$0.19Quarterly
2024-06-282024-06-282024-07-15 2024-05-01$0.18Quarterly
2024-03-272024-03-282024-04-15 2024-02-28$0.18Quarterly
2023-12-282023-12-292024-01-12 2023-11-02$0.18Quarterly
2023-09-282023-09-292023-10-13 2023-08-09$0.18Quarterly
2023-06-292023-06-302023-07-14 2023-05-03$0.18Quarterly
2023-03-302023-03-312023-04-14 2023-01-17$0.18Quarterly
2022-12-292022-12-302023-01-13 2022-11-09$0.18Quarterly
2022-09-292022-09-302022-10-14 2022-08-10$0.18Quarterly
2022-06-292022-06-302022-07-15 2022-05-04$0.18Quarterly
2022-03-302022-03-312022-04-14 2022-02-15$0.18Quarterly
2021-12-302021-12-312022-01-14 2021-11-03$0.15Quarterly
2021-09-292021-09-302021-10-15 2021-08-10$0.15Quarterly
2021-06-292021-06-302021-07-15 2021-05-05$0.15Quarterly
2021-03-302021-03-312021-04-15 2021-02-10$0.15Quarterly
2020-03-302020-03-312020-04-15 2020-02-27$0.29Quarterly
2019-12-302019-12-312020-01-15 2019-11-05$0.29Quarterly

Coverage (payout of operating cash flow): 62.80%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).

Balance sheet (latest FY: 2025)

Total debt
$1.92B
Cash
$38.82M
Net debt / EBITDAi
4.46x
Debt / book capitali
42.07%
Total assets
$4.84B
Total equity
$2.23B

Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.

Financial history

FYRevenueNet incomeD&A EBITDAOp. cash flow
2025 $410.76M $13.58M $157.46M $213.17M $166.98M
2024 $359.69M $21.65M $138.91M $239.82M $140.45M
2023 $338.69M $19.87M $135.98M $227.79M $155.76M
2022 $326.29M $-35.45M $135.92M $150.89M $133.21M
2021 $292.50M $23.55M $123.44M $217.61M $104.98M
2020 $250.91M $-8.98M $147.23M $151.45M $103.95M

Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.