earnings
confidence high
sentiment positive
materiality 0.75
Acadia Realty Q4 FFO $0.32/share; raises dividend 5.3%, guides 2025 FFO growth ~5.5%
ACADIA REALTY TRUST
2024-FY EPS reported
$0.19
revenue$359,689,000
- Q4 2024 FFO Before Special Items $0.32 per share ($40.5M), up from $0.28 YoY; GAAP EPS $0.07.
- Core Same-Property NOI growth 5.7% in Q4; 2025 guidance for same-property NOI growth 5-6%.
- Completed $611M of accretive acquisitions in Q4/early 2025 (Core + Investment Mgmt); net debt-to-EBITDA improved to 5.5x.
- Quarterly dividend increased 5.3% to $0.20 per share, payable April 15, 2025.
- 2025 FFO Before Special Items guidance $1.30-$1.39 per share (midpoint $1.345, ~5.5% growth).