Armada Hoffler Properties (NYSE:AHH) Posts Earnings Results

Armada Hoffler Properties (NYSE:AHH) released its quarterly earnings results on Wednesday. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, topping 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 Performance

Shares of NYSE:AHH traded down $0.22 on Wednesday, hitting $9.16. 972,661 shares of the company were exchanged, compared to its average volume of 633,846. The company’s 50 day moving average price is $9.95 and its two-hundred day moving average price is $10.85. The firm has a market capitalization of $927.95 million, a price-to-earnings ratio of -43.59 and a beta of 1.03. 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 has a one year low of $9.12 and a one year high of $12.46.

Armada Hoffler Properties Dividend Announcement

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

Insider Activity at Armada Hoffler Properties

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

Analyst Ratings Changes

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

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.