Armada Hoffler Properties (AHH) to Release Earnings on Wednesday

Armada Hoffler Properties (NYSE:AHH - Get Free Report) is expected to be releasing its earnings data after the market closes on Wednesday, February 19th. Analysts expect Armada Hoffler Properties to post earnings of $0.06 per share and revenue of $66.67 million for the quarter. Persons interested in registering for the company's earnings conference call can do so using this link.

Armada Hoffler Properties Trading Down 1.5 %

Shares of AHH traded down $0.15 during trading on Friday, reaching $9.49. 550,134 shares of the company traded hands, compared to its average volume of 616,027. Armada Hoffler Properties has a twelve month low of $9.26 and a twelve month high of $12.46. The stock has a market cap of $961.40 million, a PE ratio of -45.16 and a beta of 1.03. The stock has a 50-day simple moving average of $10.01 and a 200-day simple moving average of $10.89. The company has a quick ratio of 7.17, a current ratio of 7.17 and a debt-to-equity ratio of 2.00.

Armada Hoffler Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Thursday, December 26th were given a dividend of $0.205 per share. This represents a $0.82 dividend on an annualized basis and a dividend yield of 8.65%. The ex-dividend date of this dividend was Thursday, December 26th. Armada Hoffler Properties's dividend payout ratio is presently -390.46%.

Insider Transactions at Armada Hoffler Properties

In other news, Director Dennis H. Gartman bought 4,500 shares of Armada Hoffler Properties stock in a transaction dated Wednesday, December 11th. The stock was bought at an average price of $10.85 per share, for a total transaction of $48,825.00. Following the purchase, the director now owns 31,649 shares of the company's stock, valued at approximately $343,391.65. The trade was a 16.58 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 11.90% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on AHH. StockNews.com cut shares of Armada Hoffler Properties from a "hold" rating to a "sell" rating in a research report on Tuesday, October 22nd. Stifel Nicolaus lifted their price target on shares of Armada Hoffler Properties from $12.50 to $12.75 and gave the stock a "buy" rating in a research note on Tuesday, November 5th. Finally, Scotiabank started coverage on shares of Armada Hoffler Properties in a report on Tuesday, January 28th. They issued a "sector perform" rating and a $11.00 target price on the stock.

Armada Hoffler Properties Company Profile

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.