Armada Hoffler Properties (NYSE:AHH) Releases Quarterly Earnings Results, Beats Expectations By $0.21 EPS

Armada Hoffler Properties (NYSE:AHH) posted its quarterly earnings results on Wednesday. The real estate investment trust reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.21, Zacks reports. Armada Hoffler Properties had a net margin of 5.99% and a return on equity of 6.50%. The company had revenue of $62.95 million for the quarter, compared to analysts’ expectations of $66.67 million. Armada Hoffler Properties updated its FY 2025 guidance to 1.000-1.100 EPS.

Armada Hoffler Properties Price Performance

Shares of NYSE AHH opened at $9.00 on Friday. 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 fifty-two week low of $8.92 and a fifty-two week high of $12.46. The stock has a market cap of $911.73 million, a PE ratio of 28.11 and a beta of 1.03. The stock has a fifty day moving average of $9.88 and a 200-day moving average of $10.83.

Armada Hoffler Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Thursday, December 26th were given a dividend of $0.205 per share. The ex-dividend date of this dividend was Thursday, December 26th. This represents a $0.82 annualized dividend and a dividend yield of 9.12%. Armada Hoffler Properties’s dividend payout ratio is currently 256.26%.

Insider Buying and Selling

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

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Scotiabank began coverage on 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. Stifel Nicolaus upped 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.

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.