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Acadia Realty Trust rated 'Buy' after strong Q2 2026 results and raised guidance

Company Fundamentals
06 Sep 2026
Seeking Alpha
View Source
Bullish
Acadia Realty Trust rated 'Buy' after strong Q2 2026 results and raised guidance

Acadia Realty Trust (AKR) received a 'Buy' rating following robust Q2 2026 financial results, including 10.7% growth in adjusted funds from operations (AFFO) and 8.7% growth in same-property net operating income (NOI). The growth was driven by its premium street retail assets, strong occupancy, and leasing momentum. AKR also raised its full-year guidance and benefits from a well-structured, mostly fixed-rate debt profile, supporting financial flexibility. Despite trading at a premium valuation of 16.4 times price to AFFO, analysts see a 20% upside due to AKR's high-quality assets and liquidity.

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