Armada Hoffler Properties (AHH) to Release Earnings on Wednesday

Armada Hoffler Properties (NYSE:AHH) is expected to announce its earnings results after the market closes on Wednesday, February 19th. Analysts expect the company to announce earnings of $0.06 per share and revenue of $66.67 million for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Armada Hoffler Properties Trading Down 0.1 %

NYSE AHH opened at $9.65 on Wednesday. The company has a debt-to-equity ratio of 2.00, a current ratio of 7.17 and a quick ratio of 7.17. The firm has a market cap of $977.72 million, a P/E ratio of -45.93 and a beta of 1.03. The stock’s 50-day moving average is $10.10 and its 200-day moving average is $10.94. Armada Hoffler Properties has a one year low of $9.26 and a one year high of $12.46.

Armada Hoffler Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Thursday, December 26th were issued a dividend of $0.205 per share. The ex-dividend date was Thursday, December 26th. This represents a $0.82 annualized dividend and a yield of 8.50%. Armada Hoffler Properties’s dividend payout ratio (DPR) is currently -390.46%.

Insider Transactions at Armada Hoffler Properties

In other Armada Hoffler Properties news, Director Dennis H. Gartman purchased 4,500 shares of the business’s stock in a transaction on Wednesday, December 11th. The shares were purchased at an average cost of $10.85 per share, with a total value of $48,825.00. Following the transaction, the director now directly owns 31,649 shares of the company’s stock, valued at $343,391.65. This represents a 16.58 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 11.90% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research firms recently commented 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 boosted their price target on Armada Hoffler Properties from $12.50 to $12.75 and gave the company a “buy” rating in a report on Tuesday, November 5th. Finally, Scotiabank initiated coverage on Armada Hoffler Properties in a report on Tuesday, January 28th. They issued a “sector perform” rating and a $11.00 price target 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.