Armada Hoffler Properties (NYSE:AHH - Get Free Report) issued its earnings results 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. The company had revenue of $62.95 million during the quarter, compared to the consensus estimate of $66.67 million. Armada Hoffler Properties had a return on equity of 5.96% and a net margin of 5.99%. Armada Hoffler Properties updated its FY 2025 guidance to 1.000-1.100 EPS.
Armada Hoffler Properties Price Performance
AHH traded down $0.09 during trading on Friday, reaching $8.93. The stock had a trading volume of 1,330,160 shares, compared to its average volume of 637,259. The firm has a market capitalization of $905.25 million, a price-to-earnings ratio of 27.91 and a beta of 1.03. The company has a quick ratio of 7.17, a current ratio of 8.81 and a debt-to-equity ratio of 1.56. Armada Hoffler Properties has a 1-year low of $8.76 and a 1-year high of $12.46. The stock has a 50 day moving average of $9.84 and a two-hundred day moving average of $10.80.
Armada Hoffler Properties Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Thursday, December 26th were given a $0.205 dividend. The ex-dividend date was Thursday, December 26th. This represents a $0.82 dividend on an annualized basis and a yield of 9.18%. Armada Hoffler Properties's dividend payout ratio (DPR) is 256.25%.
Insiders Place Their Bets
In other news, Director Dennis H. Gartman bought 4,500 shares of the business's stock in a transaction on Wednesday, December 11th. The stock was purchased at an average cost of $10.85 per share, for a total transaction of $48,825.00. Following the completion of the transaction, the director now directly owns 31,649 shares of the company's stock, valued at approximately $343,391.65. This trade represents a 16.58 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 11.90% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
AHH has been the subject of several analyst reports. Stifel Nicolaus boosted their price objective on Armada Hoffler Properties from $12.50 to $12.75 and gave the stock a "buy" rating in a research report on Tuesday, November 5th. Scotiabank initiated coverage on Armada Hoffler Properties in a research report on Tuesday, January 28th. They set a "sector perform" rating and a $11.00 price objective for the company.
View Our Latest Stock Report on Armada Hoffler Properties
About Armada Hoffler Properties
(
Get Free Report)
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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