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

Armada Hoffler Properties (NYSE:AHH) posted its quarterly earnings data on Wednesday. The real estate investment trust reported $0.27 EPS for the quarter, beating 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 analyst estimates of $66.67 million. Armada Hoffler Properties updated its FY 2025 guidance to 1.000-1.100 EPS.

Armada Hoffler Properties Price Performance

AHH stock opened at $9.00 on Friday. The company has a debt-to-equity ratio of 2.00, a current ratio of 7.17 and a quick ratio of 7.17. The company’s 50-day moving average is $9.88 and its 200-day moving average is $10.83. The stock has a market capitalization of $911.73 million, a PE ratio of 28.11 and a beta of 1.03. Armada Hoffler Properties has a 1 year low of $8.92 and a 1 year high of $12.46.

Armada Hoffler Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Stockholders of record on Thursday, December 26th were issued a dividend of $0.205 per share. The ex-dividend date 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 Activity at Armada Hoffler Properties

In other news, Director Dennis H. Gartman bought 4,500 shares of the business’s stock in a transaction that occurred 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 acquisition, the director now directly owns 31,649 shares in the company, valued at approximately $343,391.65. This trade represents a 16.58 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 11.90% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts have recently weighed in on AHH shares. Scotiabank started coverage on Armada Hoffler Properties in a research report on Tuesday, January 28th. They issued a “sector perform” rating and a $11.00 price objective for the company. Stifel Nicolaus lifted their target price on Armada Hoffler Properties from $12.50 to $12.75 and gave the stock a “buy” rating in a report on Tuesday, November 5th.

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.