Armada Hoffler Properties (NYSE:AHRT – Get Free Report) updated its FY 2026 earnings guidance on Monday. The company provided EPS guidance of 0.510-0.550 for the period, compared to the consensus EPS estimate of 0.530. The company issued revenue guidance of -.
Wall Street Analysts Forecast Growth
A number of research firms have issued reports on AHRT. Stifel Nicolaus decreased their price objective on shares of Armada Hoffler Properties from $10.50 to $9.00 and set a “buy” rating on the stock in a research report on Tuesday, February 17th. Scotiabank decreased their price objective on shares of Armada Hoffler Properties from $7.50 to $7.00 and set a “sector perform” rating on the stock in a research report on Tuesday, March 17th. Zacks Research upgraded shares of Armada Hoffler Properties from a “strong sell” rating to a “hold” rating in a research report on Friday, April 17th. Finally, UBS Group set a $7.50 price objective on shares of Armada Hoffler Properties in a research report on Wednesday, January 14th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Armada Hoffler Properties currently has an average rating of “Hold” and an average price target of $7.70.
Check Out Our Latest Research Report on AHRT
Armada Hoffler Properties Trading Up 5.5%
Armada Hoffler Properties Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, April 2nd. Investors of record on Thursday, March 26th were given a dividend of $0.14 per share. The ex-dividend date was Thursday, March 26th. This represents a $0.56 annualized dividend and a dividend yield of 8.9%. Armada Hoffler Properties’s payout ratio is currently -700.00%.
Insider Activity
In related news, Director Frederick Blair Wimbush purchased 10,000 shares of Armada Hoffler Properties stock in a transaction that occurred on Tuesday, March 3rd. The shares were bought at an average price of $6.19 per share, for a total transaction of $61,900.00. Following the completion of the transaction, the director directly owned 38,685 shares of the company’s stock, valued at $239,460.15. This represents a 34.86% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have bought a total of 11,064 shares of company stock worth $67,644 in the last 90 days. 11.90% of the stock is owned by insiders.
Institutional Investors Weigh In On Armada Hoffler Properties
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Invesco Ltd. grew its holdings in Armada Hoffler Properties by 3.5% in the fourth quarter. Invesco Ltd. now owns 2,296,307 shares of the real estate investment trust’s stock worth $15,202,000 after purchasing an additional 77,532 shares during the period. Mercer Global Advisors Inc. ADV grew its holdings in Armada Hoffler Properties by 36.9% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 18,087 shares of the real estate investment trust’s stock worth $120,000 after purchasing an additional 4,879 shares during the period. XTX Topco Ltd purchased a new stake in Armada Hoffler Properties in the fourth quarter worth about $89,000. Millennium Management LLC grew its holdings in Armada Hoffler Properties by 34.7% in the fourth quarter. Millennium Management LLC now owns 67,311 shares of the real estate investment trust’s stock worth $446,000 after purchasing an additional 17,336 shares during the period. Finally, Inspire Investing LLC grew its holdings in Armada Hoffler Properties by 8.2% in the fourth quarter. Inspire Investing LLC now owns 70,230 shares of the real estate investment trust’s stock worth $465,000 after purchasing an additional 5,351 shares during the period. Hedge funds and other institutional investors own 66.35% of the company’s stock.
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.
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