Armada Hoffler Properties, Inc. (NYSE:AHH) Receives Average Rating of “Hold” from Analysts

Shares of Armada Hoffler Properties, Inc. (NYSE:AHH) have received an average rating of “Hold” from the five research firms that are currently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, one has given a hold recommendation, one has given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among analysts 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 research report on Saturday, November 8th. Jefferies Financial Group raised Armada Hoffler Properties to a “strong-buy” rating in a research note on Tuesday, October 28th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Armada Hoffler Properties in a research note on Monday. Finally, Scotiabank dropped their target price on Armada Hoffler Properties from $8.00 to $7.00 and set a “sector perform” rating on the stock in a report on Thursday, November 13th.

Armada Hoffler Properties Price Performance

AHH stock opened at $6.59 on Wednesday. The firm has a 50-day moving average of $6.55 and a two-hundred day moving average of $6.87. The firm has a market capitalization of $683.04 million, a PE ratio of 34.68 and a beta of 1.06. The company has a current ratio of 7.14, a quick ratio of 7.14 and a debt-to-equity ratio of 2.35. Armada Hoffler Properties has a one year low of $6.01 and a one year high of $10.39.

Armada Hoffler Properties (NYSE:AHH) last posted its quarterly earnings data on Monday, November 3rd. The real estate investment trust reported $0.29 EPS for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $66.23 million. Armada Hoffler Properties has set its FY 2025 guidance at 1.030-1.070 EPS. On average, analysts forecast that Armada Hoffler Properties will post 1.05 earnings per share for the current year.

Armada Hoffler Properties Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Wednesday, December 31st will be paid a dividend of $0.14 per share. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $0.56 dividend on an annualized basis and a dividend yield of 8.5%. Armada Hoffler Properties’s dividend payout ratio (DPR) is 294.74%.

Institutional Trading of Armada Hoffler Properties

Institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its holdings in shares of Armada Hoffler Properties by 1.4% during the 1st quarter. Vanguard Group Inc. now owns 9,649,827 shares of the real estate investment trust’s stock valued at $72,470,000 after purchasing an additional 133,027 shares in the last quarter. Invesco Ltd. increased its position in Armada Hoffler Properties by 10.9% during the third quarter. Invesco Ltd. now owns 2,218,775 shares of the real estate investment trust’s stock worth $15,554,000 after buying an additional 218,167 shares during the last quarter. Geode Capital Management LLC raised its holdings in Armada Hoffler Properties by 2.2% during the second quarter. Geode Capital Management LLC now owns 2,152,724 shares of the real estate investment trust’s stock valued at $14,791,000 after buying an additional 46,173 shares in the last quarter. Qube Research & Technologies Ltd raised its holdings in Armada Hoffler Properties by 46.8% during the second quarter. Qube Research & Technologies Ltd now owns 1,557,017 shares of the real estate investment trust’s stock valued at $10,697,000 after buying an additional 496,620 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Armada Hoffler Properties by 3.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,203,690 shares of the real estate investment trust’s stock worth $9,040,000 after buying an additional 37,600 shares during the last quarter. 66.35% of the stock is currently 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.