Armada Hoffler Properties, Inc. (NYSE:AHRT) Receives Average Rating of “Hold” from Brokerages

Shares of Armada Hoffler Properties, Inc. (NYSE:AHRTGet Free Report) have been given a consensus recommendation of “Hold” by the six research firms that are presently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation, one has assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $7.3750.

Several brokerages recently weighed in on AHRT. Wall Street Zen upgraded Armada Hoffler Properties from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 23rd. Weiss Ratings upgraded Armada Hoffler Properties from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, May 12th. Zacks Research raised Armada Hoffler Properties from a “strong sell” rating to a “hold” rating in a report on Friday, April 17th. Finally, Stifel Nicolaus lowered their price target on Armada Hoffler Properties from $9.00 to $8.00 and set a “buy” rating for the company in a report on Tuesday, May 5th.

Check Out Our Latest Stock Analysis on AHRT

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Invesco Ltd. lifted its stake in shares of Armada Hoffler Properties by 3.5% during the fourth quarter. Invesco Ltd. now owns 2,296,307 shares of the real estate investment trust’s stock worth $15,202,000 after buying an additional 77,532 shares during the period. Mercer Global Advisors Inc. ADV increased its position in shares of Armada Hoffler Properties by 36.9% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 18,087 shares of the real estate investment trust’s stock valued at $120,000 after acquiring an additional 4,879 shares during the period. XTX Topco Ltd acquired a new position in shares of Armada Hoffler Properties in the 4th quarter valued at $89,000. Millennium Management LLC raised its stake in Armada Hoffler Properties by 34.7% in the 4th quarter. Millennium Management LLC now owns 67,311 shares of the real estate investment trust’s stock worth $446,000 after acquiring an additional 17,336 shares during the last quarter. Finally, Inspire Investing LLC raised its stake in Armada Hoffler Properties by 8.2% in the 4th quarter. Inspire Investing LLC now owns 70,230 shares of the real estate investment trust’s stock worth $465,000 after acquiring an additional 5,351 shares during the last quarter. Institutional investors and hedge funds own 66.35% of the company’s stock.

Armada Hoffler Properties Price Performance

Shares of AHRT opened at $6.95 on Thursday. The company has a market cap of $699.43 million, a price-to-earnings ratio of -11.02 and a beta of 1.07. Armada Hoffler Properties has a twelve month low of $5.13 and a twelve month high of $7.71. The company has a quick ratio of 3.17, a current ratio of 3.10 and a debt-to-equity ratio of 1.46. The company has a 50 day moving average of $6.94 and a two-hundred day moving average of $6.51.

Armada Hoffler Properties (NYSE:AHRTGet Free Report) last issued its quarterly earnings results on Monday, August 3rd. The real estate investment trust reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.09). Armada Hoffler Properties had a negative return on equity of 0.74% and a negative net margin of 18.23%.The business had revenue of $52.55 million for the quarter, compared to analyst estimates of $52.33 million. Armada Hoffler Properties has set its FY 2026 guidance at 0.530-0.570 EPS. As a group, analysts predict that Armada Hoffler Properties will post 0.57 earnings per share for the current fiscal year.

Armada Hoffler Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Wednesday, June 24th were paid a $0.14 dividend. The ex-dividend date was Wednesday, June 24th. This represents a $0.56 dividend on an annualized basis and a yield of 8.1%. Armada Hoffler Properties’s dividend payout ratio (DPR) is -164.71%.

Armada Hoffler Properties announced that its board has approved a share repurchase program on Thursday, May 14th that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the real estate investment trust to repurchase up to 15% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s leadership believes its shares are undervalued.

Armada Hoffler Properties Company Profile

(Get Free Report)

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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Analyst Recommendations for Armada Hoffler Properties (NYSE:AHRT)

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