Overview
Real estate investment trust's Q4 same-property NOI grew 6.3%, driven by street retail
Company completed $487 mln of acquisitions in 2025, expanding street retail portfolio
Q4 EPS decreased yr/yr, impacted by loss on change in control
Outlook
Acadia expects 2026 FFO As Adjusted per share between $1.21 and $1.25
Company projects 2026 Same-Property NOI growth of 5-9%
Result Drivers
SAME-PROPERTY NOI GROWTH - Same-property NOI increased 6.3% in Q4, driven by street and urban retail portfolio
LEASING SPREADS - Q4 GAAP and cash leasing spreads on new leases were 60% and 27%, driven by street retail leasing
OCCUPANCY INCREASE - REIT Portfolio occupancy rose by 30 basis points to 93.9% in Q4, driven by street and urban retail
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
$0.04
Q4 FFO Per Share
$0.30
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the commercial reits peer group is "buy"
Wall Street's median 12-month price target for Acadia Realty Trust is $23.00, about 9.5% above its February 9 closing price of $21.00
The stock recently traded at 70 times the next 12-month earnings vs. a P/E of 58 three months ago
Press Release: ID:nBw8Jw5H6a
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
