Armada Hoffler Properties (NYSE:AHH) Issues Earnings Results

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

Armada Hoffler Properties Stock Down 2.3 %

AHH traded down $0.22 during mid-day trading on Wednesday, reaching $9.16. 972,661 shares of the stock were exchanged, compared to its average volume of 633,843. Armada Hoffler Properties has a 1 year low of $9.12 and a 1 year high of $12.46. The stock has a market capitalization of $927.95 million, a PE ratio of -43.59 and a beta of 1.03. The company has a 50 day moving average price of $9.95 and a two-hundred day moving average price of $10.85. The company has a debt-to-equity ratio of 2.00, a quick ratio of 7.17 and a current ratio of 7.17.

Armada Hoffler Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Thursday, December 26th were paid a dividend of $0.205 per share. This represents a $0.82 annualized dividend and a yield of 8.96%. The ex-dividend date of this dividend was Thursday, December 26th. Armada Hoffler Properties’s dividend payout ratio (DPR) is presently -390.46%.

Analyst Upgrades and Downgrades

AHH has been the subject of a number of recent research reports. Scotiabank initiated coverage on shares of Armada Hoffler Properties in a research note on Tuesday, January 28th. They set a “sector perform” rating and a $11.00 price target for the company. Stifel Nicolaus lifted their price objective on shares of Armada Hoffler Properties from $12.50 to $12.75 and gave the company a “buy” rating in a report on Tuesday, November 5th. Finally, StockNews.com lowered shares of Armada Hoffler Properties from a “hold” rating to a “sell” rating in a report on Tuesday, October 22nd.

Insiders Place Their Bets

In other Armada Hoffler Properties news, Director Dennis H. Gartman purchased 4,500 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The stock was bought at an average cost of $10.85 per share, with a total value of $48,825.00. Following the completion of the transaction, the director now owns 31,649 shares of the company’s stock, valued at $343,391.65. The trade was a 16.58 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. 11.90% of the stock is currently owned by insiders.

Armada Hoffler Properties Company Profile

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.