AHH
Armada Hoffler PropertiesAHH
AHH
About: Armada Hoffler Properties Inc is a real estate company. It engages in developing, building, owning and managing the high-quality, institutional-grade office, retail, and multifamily properties in various markets throughout the Mid-Atlantic and Southeastern United States. They lease our properties under operating leases and recognize base rents. It also recognize revenue from tenant recoveries, through which tenants reimburses the company for expenses paid by them such as utilities, janitorial, repairs and maintenance. The company's operating segment includes office real estate, retail real estate, multifamily residential real estate, and general contracting and real estate services. It generates maximum revenue from the general contracting and real estate services segment.
Employees: 164
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
139% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 18
59% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 56
14% more capital invested
Capital invested by funds: $640M [Q2] → $729M (+$88.2M) [Q3]
13% more funds holding
Funds holding: 198 [Q2] → 223 (+25) [Q3]
1% more call options, than puts
Call options by funds: $862K | Put options by funds: $855K
0.24% less ownership
Funds ownership: 87.07% [Q2] → 86.83% (-0.24%) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$12.75
24%
upside
Avg. target
$12.75
24%
upside
High target
$12.75
24%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Stifel Simon Yarmak 47% 1-year accuracy 16 / 34 met price target | 24%upside $12.75 | Buy Maintained | 5 Nov 2024 |
Financial journalist opinion
Based on 4 articles about AHH published over the past 30 days
Neutral
GlobeNewsWire
2 days ago
Armada Hoffler Correction to Record Date for Preferred Stock Quarterly Dividend
VIRGINIA BEACH, Va., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) announced that its press release issued under the headline “Armada Hoffler Announces Quarterly Dividend” on December 13, 2024 was changed only to correct the record date for the cash dividend on its 6.75% Series A Cumulative Redeemable Perpetual Preferred Stock. The record date for the cash dividend on Armada Hoffler's 6.75% Series A Cumulative Redeemable Perpetual Preferred Stock is January 2, 2025, rather than December 31, 2024. The record date for the cash dividend on Armada Hoffler's common stock and the payment dates and dividend amounts for the dividends on Armada Hoffler's common stock and 6.75% Series A Cumulative Redeemable Perpetual Preferred Stock remain unchanged.
Neutral
GlobeNewsWire
1 week ago
Armada Hoffler Announces Quarterly Dividend
VIRGINIA BEACH, Va., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) announced that its Board of Directors declared the cash dividend of $0.205 per common share. The fourth quarter dividend will be paid in cash on January 2, 2025, to stockholders of record on December 26, 2024.
Positive
Seeking Alpha
1 week ago
Goldilocks Data Upholds Fed Cut
U.S. equity markets climbed to fresh record-highs this week, while benchmark interest rates ticked lower, after a critical slate of employment data showed lukewarm labor market trends in November. Viewed as a "Goldilocks" report that effectively locked in a December rate cut, payrolls data showed solid "headline" job growth of 227k in November, but notably weaker trends under the surface. Posting gains for a third straight week to extend its post-election rally to around 7%, the S&P 500 advanced another 0.9% this week - pacing for its best year since 2019.
Positive
Seeking Alpha
2 weeks ago
If I Could Only Buy 3 REITs In December 2024
REITs have lagged the broader market in recent months. This has created some very attractive opportunities. I share three REITs that I particularly like right now.
Positive
Seeking Alpha
1 month ago
Armada Hoffler: Resilient 7.4% Yield With Upside Potential
Armada Hoffler Properties offers a diversified, high-quality portfolio with strong occupancy rates and resilient performance, despite market bearishness and office sector headwinds. Recent developments, including the Southern Post property and T. Rowe Price headquarters, position AHH for future growth, supported by robust leasing spreads and FFO growth. With a 7.4% dividend yield, well-covered payout, and discounted valuation at 8.8x forward P/FFO, AHH presents significant income and upside potential.
Positive
Seeking Alpha
1 month ago
A Barbell Approach To REITs
Retirees can protect themselves against secular market declines in stock market pricing by focusing on REITs that pay secure dividends and can grow them faster than inflation. A “Go-Fishing” REIT portfolio aims for secure, inflation-beating dividends, allowing investors to check their investments annually while maintaining financial stability. My barbell REIT portfolio combines secure Go-Fishing REITs with high-upside REITs, some of which carry higher risk.
Neutral
GlobeNewsWire
1 month ago
Armada Hoffler's Board of Directors Names Shawn Tibbetts as Chief Executive Officer Effective January 1, 2025
Lou Haddad to retire as CEO after nearly 40 years of dedicated service, retains role of Board Executive Chairman Lou Haddad to retire as CEO after nearly 40 years of dedicated service, retains role of Board Executive Chairman
Positive
Seeking Alpha
1 month ago
Indebtedness Warrants A Hold For Armada Hoffler
Armada Hoffler offers a 7% dividend yield, but is troubled by near-term debt maturities and uncertain dividend growth prospects. Despite revenue and FFO growth, AHH's dividends haven't fully recovered post-pandemic, as management prioritized reinvestment over immediate dividend restoration. Overall, the commercial real estate portfolio is historically sound, and the company smartly leverages its expertise to earn additional revenues.
Positive
Seeking Alpha
1 month ago
8-10% Dividend Yields: If I Could Only Buy 3 In November 2024
Chasing yields above 10% is risky. 8-10% yields offer a sweet spot when combined with stable cash flows and strong balance sheets. I share three of these stocks that I really like right now.
Neutral
Seeking Alpha
1 month ago
Armada Hoffler Properties, Inc. (AHH) Q3 2024 Earnings Call Transcript
Armada Hoffler Properties, Inc. (NYSE:AHH ) Q3 2024 Earnings Conference Call November 4, 2024 8:30 AM ET Company Participants Chelsea Forrest - Vice President of Investor Relations Louis Haddad - CEO Matthew Barnes-Smith - CFO Shawn Tibbetts - President and COO Conference Call Participants Rob Stevenson - Strand Andrew Berger - Bank of America Peter Abramowitz - Jefferies Operator Good morning, ladies and gentlemen, and welcome to the Armada Hoffler Third Quarter 2024 Earnings Conference Call. At this time, all lines are in a listen-only mode.
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