Armada Hoffler Properties (AHH) Scheduled to Post Earnings on Monday

Armada Hoffler Properties (NYSE:AHH - Get Free Report) is set to post its quarterly earnings results after the market closes on Monday, November 4th. Analysts expect Armada Hoffler Properties to post earnings of $0.31 per share for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.

Armada Hoffler Properties Stock Up 0.2 %

Shares of AHH traded up $0.02 during midday trading on Monday, reaching $11.04. 534,877 shares of the company were exchanged, compared to its average volume of 473,741. Armada Hoffler Properties has a 1-year low of $9.81 and a 1-year high of $13.11. The stock has a 50-day moving average price of $11.54 and a 200-day moving average price of $11.31. The company has a current ratio of 7.49, a quick ratio of 7.49 and a debt-to-equity ratio of 2.44. The company has a market cap of $980.16 million, a price-to-earnings ratio of 122.67 and a beta of 1.03.

Armada Hoffler Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Wednesday, September 25th were issued a dividend of $0.205 per share. The ex-dividend date of this dividend was Wednesday, September 25th. This represents a $0.82 annualized dividend and a dividend yield of 7.43%. Armada Hoffler Properties's payout ratio is currently 911.11%.

Insider Transactions at Armada Hoffler Properties

In related news, Director Dennis H. Gartman purchased 4,500 shares of the business's stock in a transaction that occurred on Wednesday, October 2nd. The shares were purchased at an average cost of $10.85 per share, with a total value of $48,825.00. Following the completion of the acquisition, the director now directly owns 27,149 shares of the company's stock, valued at approximately $294,566.65. The trade was a 0.00 % increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, Director Daniel A. Hoffler purchased 95,238 shares of the company's stock in a transaction that occurred on Thursday, September 26th. The shares were acquired at an average cost of $10.50 per share, with a total value of $999,999.00. Following the transaction, the director now owns 266,647 shares in the company, valued at approximately $2,799,793.50. The trade was a 0.00 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Dennis H. Gartman acquired 4,500 shares of Armada Hoffler Properties stock in a transaction that occurred on Wednesday, October 2nd. The shares were purchased at an average price of $10.85 per share, for a total transaction of $48,825.00. Following the completion of the purchase, the director now directly owns 27,149 shares of the company's stock, valued at $294,566.65. The trade was a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 11.90% of the company's stock.

Analyst Ratings Changes

Several brokerages have issued reports on AHH. Stifel Nicolaus lowered their price objective on shares of Armada Hoffler Properties from $12.75 to $12.50 and set a "buy" rating for the company in a research report on Friday, September 27th. StockNews.com lowered shares of Armada Hoffler Properties from a "hold" rating to a "sell" rating in a report on Tuesday, October 22nd. Finally, Jefferies Financial Group downgraded Armada Hoffler Properties from a "buy" rating to a "hold" rating and lowered their target price for the company from $13.00 to $11.00 in a research note on Monday, July 15th.

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.