Analysts Set Armada Hoffler Properties, Inc. (NYSE:AHH) Price Target at $8.13

Armada Hoffler Properties, Inc. (NYSE:AHH) has earned a consensus recommendation of “Hold” from the five brokerages that are presently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, one has issued a hold recommendation, one has assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $8.1250.

Several research firms have issued reports on AHH. Scotiabank decreased their price objective on shares of Armada Hoffler Properties from $8.00 to $7.00 and set a “sector perform” rating for the company in a research note on Thursday, November 13th. Jefferies Financial Group upgraded shares of Armada Hoffler Properties to a “strong-buy” rating in a research note on Tuesday, October 28th. Wall Street Zen lowered Armada Hoffler Properties from a “hold” rating to a “sell” rating in a report on Saturday, November 8th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Armada Hoffler Properties in a research note on Monday, December 29th.

Institutional Trading of Armada Hoffler Properties

Several hedge funds and other institutional investors have recently made changes to their positions in AHH. GAMMA Investing LLC raised its stake in shares of Armada Hoffler Properties by 464.9% during the 2nd quarter. GAMMA Investing LLC now owns 4,163 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 3,426 shares during the last quarter. Hantz Financial Services Inc. raised its position in shares of Armada Hoffler Properties by 99.3% during the 3rd quarter. Hantz Financial Services Inc. now owns 6,367 shares of the real estate investment trust’s stock worth $45,000 after purchasing an additional 3,173 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in Armada Hoffler Properties by 172.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 7,919 shares of the real estate investment trust’s stock valued at $54,000 after buying an additional 5,015 shares in the last quarter. Inscription Capital LLC acquired a new stake in Armada Hoffler Properties during the 3rd quarter valued at $72,000. Finally, Pinnacle Wealth Planning Services Inc. purchased a new position in Armada Hoffler Properties during the second quarter worth $77,000. Institutional investors and hedge funds own 66.35% of the company’s stock.

Armada Hoffler Properties Price Performance

AHH stock opened at $6.89 on Friday. The business’s 50-day moving average is $6.57 and its two-hundred day moving average is $6.84. The company has a debt-to-equity ratio of 2.35, a current ratio of 7.14 and a quick ratio of 7.14. The firm has a market capitalization of $713.91 million, a P/E ratio of 36.24 and a beta of 1.04. Armada Hoffler Properties has a 1 year low of $6.01 and a 1 year high of $10.26.

Armada Hoffler Properties (NYSE:AHH) last issued its earnings results on Monday, November 3rd. The real estate investment trust reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.03. Armada Hoffler Properties had a net margin of 6.77% and a return on equity of 4.43%. The firm had revenue of $72.15 million for the quarter, compared to analysts’ expectations of $66.23 million. Armada Hoffler Properties has set its FY 2025 guidance at 1.030-1.070 EPS. Analysts anticipate that Armada Hoffler Properties will post 1.05 earnings per share for the current fiscal year.

Armada Hoffler Properties Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 8th. Stockholders of record on Wednesday, December 31st were issued a $0.14 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $0.56 annualized dividend and a dividend yield of 8.1%. Armada Hoffler Properties’s payout ratio is presently 294.74%.

About Armada Hoffler Properties

Armada Hoffler Properties, Inc is a publicly traded real estate investment trust (REIT) specializing in the ownership, operation and development of retail, office and mixed-use properties. The company’s portfolio primarily comprises neighborhood and community shopping centers, urban infill retail sites and select office buildings located in high-growth markets. Armada Hoffler also provides in-house property management and leasing services, leveraging its vertically integrated platform to enhance asset value and tenant satisfaction.

Founded on a legacy of commercial real estate development dating back to the 1970s, Armada Hoffler went public in 2016 through a strategic combination of private real estate entities.