Armada Hoffler Properties (NYSE:AHH) Issues FY 2025 Earnings Guidance

Key Points

• Armada Hoffler Properties has updated its FY 2025 earnings guidance, projecting EPS between 1.000 and 1.100, slightly below the consensus estimate of 1.052.
• The company declared a quarterly dividend of $0.14, resulting in an annualized yield of 8.3%, despite a high dividend payout ratio of 700%.
• Several analysts have adjusted their price targets for Armada Hoffler Properties, with Scotiabank lowering its target from $10 to $8, while Stifel Nicolaus set a target of $10.50.

Armada Hoffler Properties (NYSE:AHH - Get Free Report) updated its FY 2025 earnings guidance on Monday. The company provided earnings per share guidance of 1.000-1.100 for the period, compared to the consensus earnings per share estimate of 1.052. The company issued revenue guidance of -.

Analysts Set New Price Targets

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

Armada Hoffler Properties Stock Performance

Shares of AHH stock traded up $0.09 during trading on Friday, reaching $7.02. 307,233 shares of the company's stock traded hands, compared to its average volume of 952,584. The company has a market capitalization of $711.67 million, a P/E ratio of 58.71 and a beta of 1.12. The company has a current ratio of 8.66, a quick ratio of 12.47 and a debt-to-equity ratio of 1.79. The firm's 50-day moving average is $6.98 and its 200 day moving average is $7.63. Armada Hoffler Properties has a 1 year low of $6.10 and a 1 year high of $12.46.

Armada Hoffler Properties (NYSE:AHH - Get Free Report) last posted its quarterly earnings data on Monday, August 4th. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.26 by ($0.01). The company had revenue of $65.15 million for the quarter, compared to the consensus estimate of $63.29 million. Armada Hoffler Properties had a return on equity of 3.21% and a net margin of 4.39%. Equities research analysts expect that Armada Hoffler Properties will post 1.05 EPS for the current year.

Armada Hoffler Properties Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 8th. Stockholders of record on Monday, June 30th were paid a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 8.0%. The ex-dividend date was Monday, June 30th. Armada Hoffler Properties's dividend payout ratio is currently 466.67%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. Jane Street Group LLC increased its holdings in 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 valued at $540,000 after buying an additional 52,397 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position 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 acquiring an additional 2,015 shares during the last quarter. Amundi lifted its position in Armada Hoffler Properties by 5.9% during the first quarter. Amundi now owns 44,107 shares of the real estate investment trust's stock valued at $305,000 after purchasing an additional 2,465 shares during the last quarter. Finally, Strs Ohio purchased a new stake in shares of Armada Hoffler Properties in the first quarter valued at $111,000. 66.35% of the stock is owned by hedge funds and other institutional investors.

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.