Armada Hoffler Properties (AHH) Stock Forecast, Price & News

Armada Hoffler Properties' stock was trading at $11.50 on January 1st, 2023. Since then, AHH stock has decreased by 11.0% and is now trading at $10.24.
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Armada Hoffler Properties saw a decrease in short interest in the month of September. As of September 15th, there was short interest totaling 587,800 shares, a decrease of 7.2% from the August 31st total of 633,500 shares. Based on an average trading volume of 236,500 shares, the days-to-cover ratio is currently 2.5 days.
View Armada Hoffler Properties' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our AHH earnings forecast.

Armada Hoffler Properties, Inc. (NYSE:AHH) released its earnings results on Thursday, August, 3rd. The real estate investment trust reported $0.13 EPS for the quarter, missing the consensus estimate of $0.31 by $0.18. The real estate investment trust had revenue of $59.95 million for the quarter, compared to analysts' expectations of $58.28 million. Armada Hoffler Properties had a trailing twelve-month return on equity of 9.91% and a net margin of 12.23%.

Armada Hoffler Properties announced a quarterly dividend on Friday, September 15th. Stockholders of record on Wednesday, September 27th will be given a dividend of $0.195 per share on Thursday, October 5th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 7.62%. The ex-dividend date is Tuesday, September 26th.
Read our dividend analysis for AHH.

ETFs with the largest weight of Armada Hoffler Properties (NYSE:AHH) stock in their portfolio include Invesco KBW Premium Yield Equity REIT ETF (KBWY).Cambria Global Real Estate ETF (BLDG).

Armada Hoffler Properties (NYSE:AHH) pays an annual dividend of $0.78 per share and currently has a dividend yield of 7.59%. AHH has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 116.42%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, AHH will have a dividend payout ratio of 61.90% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AHH.

Armada Hoffler Properties updated its FY 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share (EPS) guidance of $1.23-$1.27 for the period, compared to the consensus EPS estimate of $1.25. The company issued revenue guidance of -.

7 employees have rated Armada Hoffler Properties Chief Executive Officer Lou Haddad on Glassdoor.com. Lou Haddad has an approval rating of 100% among the company's employees. This puts Lou Haddad in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 63.0% of employees surveyed would recommend working at Armada Hoffler Properties to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Armada Hoffler Properties investors own include Federal Realty Investment Trust (FRT), LXP Industrial Trust (LXP), Medical Properties Trust (MPW), VEREIT (VER), Independence Realty Trust (IRT), AT&T (T), Cisco Systems (CSCO), AGNC Investment (AGNC), Atlantic Power (ATP) and Annaly Capital Management (NLY).

Armada Hoffler Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "AHH."

Armada Hoffler Properties' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.60%), State Street Corp (4.32%), Alliancebernstein L.P. (2.21%), Renaissance Technologies LLC (1.81%), Geode Capital Management LLC (1.71%) and Silvercrest Asset Management Group LLC (1.66%). Insiders that own company stock include A Russell Kirk, Eric E Apperson, James C Cherry and Michael P O'hara.
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Shares of AHH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AHH stock can currently be purchased for approximately $10.24.

Armada Hoffler Properties (NYSE:AHH) has a market capitalization of $916.99 million and generates $454.15 million in revenue each year. The real estate investment trust earns $74.75 million in net income (profit) each year or $0.67 on an earnings per share basis.

The company employs 161 workers across the globe.

Armada Hoffler Properties' mailing address is 222 CENTRAL PARK AVENUE SUITE 2100, VIRGINIA BEACH VA, 23462. The official website for the company is www.armadahoffler.com. The real estate investment trust can be reached via phone at (757) 366-4000 or via email at jtrudell@armadahoffler.com.