Armada Hoffler Properties (AHH) to Release Earnings on Wednesday

Armada Hoffler Properties (NYSE:AHH) is anticipated to announce its earnings results after the market closes on Wednesday, February 19th. Analysts expect the company to announce earnings of $0.06 per share and revenue of $66.67 million for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Armada Hoffler Properties Stock Down 0.1 %

AHH stock opened at $9.65 on Wednesday. Armada Hoffler Properties has a twelve month low of $9.26 and a twelve month high of $12.46. The company has a market cap of $977.72 million, a PE ratio of -45.93 and a beta of 1.03. The business’s 50-day simple moving average is $10.10 and its 200 day simple moving average is $10.94. The company has a quick ratio of 7.17, a current ratio of 7.17 and a debt-to-equity ratio of 2.00.

Armada Hoffler Properties Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Thursday, December 26th were paid a $0.205 dividend. The ex-dividend date was Thursday, December 26th. This represents a $0.82 dividend on an annualized basis and a yield of 8.50%. Armada Hoffler Properties’s payout ratio is currently -390.46%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Stifel Nicolaus boosted their price target on shares of Armada Hoffler Properties from $12.50 to $12.75 and gave the company a “buy” rating in a research report on Tuesday, November 5th. Scotiabank began coverage on Armada Hoffler Properties in a report on Tuesday, January 28th. They issued a “sector perform” rating and a $11.00 target price on the stock. Finally, StockNews.com lowered Armada Hoffler Properties from a “hold” rating to a “sell” rating in a research note on Tuesday, October 22nd.

Insider Activity

In other Armada Hoffler Properties news, Director Dennis H. Gartman bought 4,500 shares of the business’s stock in a transaction on Wednesday, December 11th. The shares were bought at an average cost of $10.85 per share, for a total transaction of $48,825.00. Following the transaction, the director now owns 31,649 shares in the company, valued at approximately $343,391.65. This trade represents a 16.58 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at 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.