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Is Acadia Realty Trust (AKR) Outperforming Other Finance Stocks This Year?
AKRAcadia Realty Trust(AKR) ZACKS·2024-10-29 14:41

Group 1: Company Performance - Acadia Realty Trust (AKR) has gained approximately 44.8% year-to-date, outperforming the average gain of 20.6% in the Finance group [4] - The Zacks Consensus Estimate for AKR's full-year earnings has increased by 0.6% over the past three months, indicating improved analyst sentiment and a stronger earnings outlook [3] - Acadia Realty Trust is ranked 1 in the Zacks Sector Rank among 871 companies in the Finance group [2] Group 2: Industry Comparison - Acadia Realty Trust belongs to the REIT and Equity Trust - Retail industry, which has an average gain of 8.5% year-to-date, further highlighting AKR's superior performance [5] - Another notable performer in the Finance sector is Amalgamated Financial (AMAL), which has increased by 28.3% year-to-date, but still lags behind AKR [4] - The Financial - SBIC & Commercial Industry, to which Amalgamated Financial belongs, has only gained 6.4% year-to-date, ranking 205 among 36 industries [6]