Armada Hoffler Properties (NYSE:AHH) Issues Earnings Results, Misses Estimates By $0.01 EPS

Key Points

• Armada Hoffler Properties reported an EPS of $0.25, missing analysts' expectations by $0.01, with a net margin of 3.24%.
• The company has updated its FY 2025 guidance to an EPS range of 1.000-1.100.
• Armada Hoffler Properties recently declared a quarterly dividend of $0.14 per share, resulting in an annualized dividend yield of 8.3%.

Armada Hoffler Properties (NYSE:AHH - Get Free Report) released its earnings results on Monday. The real estate investment trust reported $0.25 EPS for the quarter, missing analysts' consensus estimates of $0.26 by ($0.01), Zacks reports. Armada Hoffler Properties had a net margin of 3.24% and a return on equity of 2.98%. Armada Hoffler Properties updated its FY 2025 guidance to 1.000-1.100 EPS.

Armada Hoffler Properties Trading Up 0.4%

Shares of NYSE:AHH traded up $0.03 on Monday, reaching $6.72. 1,072,876 shares of the company traded hands, compared to its average volume of 958,043. The company has a current ratio of 12.47, a quick ratio of 12.47 and a debt-to-equity ratio of 2.03. The business's 50-day simple moving average is $7.00 and its 200 day simple moving average is $7.69. The stock has a market capitalization of $680.87 million, a P/E ratio of 84.01 and a beta of 1.12. Armada Hoffler Properties has a 52 week low of $6.10 and a 52 week high of $12.46.

Armada Hoffler Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 8th. Stockholders of record on Monday, June 30th were paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date of this dividend was Monday, June 30th. Armada Hoffler Properties's dividend payout ratio (DPR) is 700.00%.

Institutional Trading of Armada Hoffler Properties

A number of institutional investors have recently modified their holdings of AHH. Strs Ohio purchased a new stake in shares of Armada Hoffler Properties during the first quarter worth about $111,000. Amundi boosted its holdings in shares of Armada Hoffler Properties by 5.9% during the first quarter. Amundi now owns 44,107 shares of the real estate investment trust's stock worth $305,000 after purchasing an additional 2,465 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Armada Hoffler Properties by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,791 shares of the real estate investment trust's stock worth $351,000 after purchasing an additional 2,015 shares during the period. Finally, Jane Street Group LLC boosted its holdings in shares of Armada Hoffler Properties by 268.6% during the first quarter. Jane Street Group LLC now owns 71,905 shares of the real estate investment trust's stock worth $540,000 after purchasing an additional 52,397 shares during the period. 66.35% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

AHH has been the topic of a number of research analyst reports. Scotiabank reduced their target price on Armada Hoffler Properties from $10.00 to $8.00 and set a "sector perform" rating on the stock in a research note on Wednesday, April 16th. Stifel Nicolaus reduced their target price on Armada Hoffler Properties from $12.25 to $10.50 and set a "buy" rating on the stock in a research note on Thursday, May 8th. Finally, Jefferies Financial Group started coverage on Armada Hoffler Properties in a research note on Friday, June 27th. They issued a "buy" rating and a $8.00 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.

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