Armada Hoffler Properties (NYSE:AHH) Releases Earnings Results

Armada Hoffler Properties (NYSE:AHH) posted its earnings results on Wednesday. The real estate investment trust reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.21, Zacks reports. Armada Hoffler Properties had a negative net margin of 1.01% and a negative return on equity of 1.18%. Armada Hoffler Properties updated its FY 2025 guidance to 1.000-1.100 EPS.

Armada Hoffler Properties Trading Down 2.3 %

AHH stock traded down $0.22 during midday trading on Wednesday, hitting $9.16. The stock had a trading volume of 972,661 shares, compared to its average volume of 633,843. The firm has a market cap of $927.95 million, a P/E ratio of -43.59 and a beta of 1.03. The company has a current ratio of 7.17, a quick ratio of 7.17 and a debt-to-equity ratio of 2.00. Armada Hoffler Properties has a 1-year low of $9.12 and a 1-year high of $12.46. The business has a fifty day moving average price of $9.95 and a two-hundred day moving average price of $10.85.

Armada Hoffler Properties Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Thursday, December 26th were issued a $0.205 dividend. The ex-dividend date was Thursday, December 26th. This represents a $0.82 annualized dividend and a yield of 8.96%. Armada Hoffler Properties’s payout ratio is -390.46%.

Insider Activity at Armada Hoffler Properties

In other news, Director Dennis H. Gartman bought 4,500 shares of the company’s stock in a transaction that occurred on Wednesday, December 11th. The shares were acquired at an average price of $10.85 per share, for a total transaction of $48,825.00. Following the completion of the acquisition, the director now directly owns 31,649 shares in the company, valued at approximately $343,391.65. This represents a 16.58 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. 11.90% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on AHH. StockNews.com lowered shares of Armada Hoffler Properties from a “hold” rating to a “sell” rating in a report on Tuesday, October 22nd. Scotiabank began coverage on shares of Armada Hoffler Properties in a report on Tuesday, January 28th. They set a “sector perform” rating and a $11.00 price target on the stock. Finally, Stifel Nicolaus lifted their price target on shares of Armada Hoffler Properties from $12.50 to $12.75 and gave the stock a “buy” rating in a report on Tuesday, November 5th.

About Armada Hoffler Properties

Armada Hoffler Properties, Inc (the “Company”) is a vertically integrated, self-managed real estate investment trust (“REIT”) with over four decades of experience developing, building, acquiring, and managing high-quality retail, office, and multifamily properties located primarily in the Mid-Atlantic and Southeastern United States.