Armada Hoffler Properties (NYSE:AHH) posted its quarterly earnings results on Tuesday. The real estate investment trust reported $0.09 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by ($0.01), MarketWatch Earnings reports. The firm had revenue of $28.93 million for the quarter, compared to analyst estimates of $29.38 million. Armada Hoffler Properties had a return on equity of 5.24% and a net margin of 9.85%. Armada Hoffler Properties updated its FY 2018 guidance to $1.00-1.03 EPS.
Armada Hoffler Properties stock traded down $0.30 during mid-day trading on Wednesday, reaching $15.18. The company had a trading volume of 5,350 shares, compared to its average volume of 234,524. Armada Hoffler Properties has a fifty-two week low of $12.73 and a fifty-two week high of $16.17. The company has a debt-to-equity ratio of 1.27, a current ratio of 12.60 and a quick ratio of 12.60. The firm has a market capitalization of $733.38 million, a P/E ratio of 15.32, a P/E/G ratio of 3.48 and a beta of 0.48.
The business also recently announced a quarterly dividend, which was paid on Thursday, October 4th. Shareholders of record on Wednesday, September 26th were given a $0.20 dividend. The ex-dividend date of this dividend was Tuesday, September 25th. This represents a $0.80 dividend on an annualized basis and a yield of 5.27%. 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: The Role of a Fiduciary and Individual Investors
Receive News & Ratings for Armada Hoffler Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Armada Hoffler Properties and related companies with MarketBeat.com's FREE daily email newsletter.