Armada Hoffler Properties, Inc. (NYSE:AHH) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Armada Hoffler Properties, Inc. (NYSE:AHH) have been assigned an average rating of “Hold” from the five analysts that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation, one has given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $8.1250.

AHH has been the subject of several recent analyst reports. Wall Street Zen cut Armada Hoffler Properties from a “hold” rating to a “sell” rating in a report on Saturday, November 8th. Weiss Ratings restated a “sell (d)” rating on shares of Armada Hoffler Properties in a research report on Monday, December 29th. Jefferies Financial Group raised shares of Armada Hoffler Properties to a “strong-buy” rating in a research note on Tuesday, October 28th. Finally, Scotiabank reduced their price objective on shares of Armada Hoffler Properties from $8.00 to $7.00 and set a “sector perform” rating for the company in a research note on Thursday, November 13th.

Armada Hoffler Properties Stock Up 0.8%

AHH stock opened at $6.85 on Friday. The stock has a market capitalization of $709.66 million, a PE ratio of 36.03 and a beta of 1.04. The company has a fifty day moving average of $6.55 and a 200-day moving average of $6.84. The company has a debt-to-equity ratio of 2.35, a quick ratio of 7.14 and a current ratio of 7.14. Armada Hoffler Properties has a one year low of $6.01 and a one year high of $10.26.

Armada Hoffler Properties (NYSE:AHH) last posted its quarterly earnings results on Monday, November 3rd. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.03. Armada Hoffler Properties had a net margin of 6.77% and a return on equity of 4.43%. The firm had revenue of $72.15 million during the quarter, compared to analysts’ expectations of $66.23 million. Armada Hoffler Properties has set its FY 2025 guidance at 1.030-1.070 EPS. As a group, analysts expect that Armada Hoffler Properties will post 1.05 EPS for the current year.

Armada Hoffler Properties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 8th. Stockholders of record on Wednesday, December 31st were paid a dividend of $0.14 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $0.56 annualized dividend and a dividend yield of 8.2%. Armada Hoffler Properties’s payout ratio is 294.74%.

Hedge Funds Weigh In On Armada Hoffler Properties

Several hedge funds and other institutional investors have recently bought and sold shares of AHH. GAMMA Investing LLC grew its holdings in Armada Hoffler Properties by 464.9% in the second quarter. GAMMA Investing LLC now owns 4,163 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 3,426 shares during the last quarter. Hantz Financial Services Inc. grew its stake in Armada Hoffler Properties by 99.3% in the 3rd quarter. Hantz Financial Services Inc. now owns 6,367 shares of the real estate investment trust’s stock valued at $45,000 after acquiring an additional 3,173 shares during the last quarter. Tower Research Capital LLC TRC increased its holdings in Armada Hoffler Properties by 172.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 7,919 shares of the real estate investment trust’s stock valued at $54,000 after acquiring an additional 5,015 shares in the last quarter. Inscription Capital LLC purchased a new position in shares of Armada Hoffler Properties during the 3rd quarter worth approximately $72,000. Finally, Pinnacle Wealth Planning Services Inc. purchased a new position in shares of Armada Hoffler Properties during the 2nd quarter worth approximately $77,000. 66.35% of the stock is owned by institutional investors and hedge funds.

Armada Hoffler Properties Company Profile

Armada Hoffler Properties, Inc is a publicly traded real estate investment trust (REIT) specializing in the ownership, operation and development of retail, office and mixed-use properties. The company’s portfolio primarily comprises neighborhood and community shopping centers, urban infill retail sites and select office buildings located in high-growth markets. Armada Hoffler also provides in-house property management and leasing services, leveraging its vertically integrated platform to enhance asset value and tenant satisfaction.

Founded on a legacy of commercial real estate development dating back to the 1970s, Armada Hoffler went public in 2016 through a strategic combination of private real estate entities.