Armada Hoffler Properties (AHH) Releases FY 2018 Earnings Guidance

Armada Hoffler Properties (NYSE:AHH) updated its FY 2018 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $1.00-1.03 for the period.

A number of equities research analysts recently issued reports on the stock. Bank of America increased their target price on shares of Armada Hoffler Properties from $15.50 to $16.75 and gave the stock a buy rating in a research report on Monday, August 13th. ValuEngine lowered shares of Armada Hoffler Properties from a buy rating to a hold rating in a report on Wednesday, September 12th. DA Davidson set a $18.00 price objective on shares of Armada Hoffler Properties and gave the stock a buy rating in a report on Thursday, July 5th. Zacks Investment Research lowered shares of Armada Hoffler Properties from a hold rating to a sell rating in a report on Tuesday, July 3rd. Finally, Stifel Nicolaus increased their price objective on shares of Armada Hoffler Properties from $13.00 to $14.00 and gave the stock a hold rating in a report on Wednesday, August 1st. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has an average rating of Buy and a consensus price target of $16.45.

NYSE:AHH traded up $0.40 during mid-day trading on Tuesday, reaching $15.57. 110,092 shares of the company were exchanged, compared to its average volume of 234,524. Armada Hoffler Properties has a 12 month low of $12.73 and a 12 month high of $16.17. The company has a quick ratio of 12.60, a current ratio of 12.60 and a debt-to-equity ratio of 1.27. The firm has a market cap of $733.38 million, a P/E ratio of 15.73, a P/E/G ratio of 3.45 and a beta of 0.48.



Armada Hoffler Properties (NYSE:AHH) last issued its quarterly earnings data on Tuesday, July 31st. The real estate investment trust reported $0.09 EPS for the quarter, hitting analysts’ consensus estimates of $0.09. Armada Hoffler Properties had a net margin of 9.85% and a return on equity of 5.24%. The firm had revenue of $28.60 million for the quarter, compared to analyst estimates of $29.10 million. As a group, equities analysts predict that Armada Hoffler Properties will post 1.02 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 4th. Shareholders of record on Wednesday, September 26th were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 5.14%. The ex-dividend date was Tuesday, September 25th. Armada Hoffler Properties’s dividend payout ratio is currently 80.81%.

Armada Hoffler Properties Company Profile

Armada Hoffler Properties, Inc (NYSE: AHH) is a vertically-integrated, self-managed real estate investment trust ("REIT") with nearly four decades of experience developing, building, acquiring and managing high-quality, institutional-grade office, retail and multifamily properties located primarily in the Mid-Atlantic and Southeastern United States.

Further Reading: Why is the ex-dividend date different from the record date?

Earnings History and Estimates for Armada Hoffler Properties (NYSE:AHH)

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