Armada Hoffler Properties, Inc. (NYSE:AHRT – Get Free Report) has been assigned a consensus recommendation of “Hold” from the five ratings firms that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, one has assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $7.50.
A number of equities analysts recently weighed in on AHRT shares. Jefferies Financial Group raised Armada Hoffler Properties to a “strong-buy” rating in a report on Tuesday, August 18th. Weiss Ratings lowered shares of Armada Hoffler Properties from a “sell (d+)” rating to a “sell (d)” rating in a research note on Thursday, October 8th.
Read Our Latest Stock Report on AHRT
Armada Hoffler Properties Price Performance
Shares of NYSE AHRT opened at $5.88 on Tuesday. The company has a debt-to-equity ratio of 1.91, a current ratio of 3.10 and a quick ratio of 3.10. The stock has a market capitalization of $438.22 million, a price-to-earnings ratio of -9.33 and a beta of 1.09. The firm’s 50 day simple moving average is $6.33 and its 200-day simple moving average is $6.52. Armada Hoffler Properties has a 12 month low of $5.13 and a 12 month high of $7.33.
Armada Hoffler Properties Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, October 8th. Stockholders of record on Wednesday, September 30th were given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 9.5%. The ex-dividend date was Wednesday, September 30th. Armada Hoffler Properties’s dividend payout ratio is -88.89%.
Armada Hoffler Properties Company Profile
Armada Hoffler Properties, Inc is a vertically integrated real estate company that develops, owns and operates a portfolio of multifamily, office and retail properties. Its projects often combine multiple property types in mixed-use environments designed to support residential, commercial and community activity.
The company’s multifamily portfolio includes apartment communities, while its commercial operations encompass office buildings and retail centers. Armada Hoffler also provides development, construction and property management capabilities, allowing it to oversee projects from development and construction through ongoing operations.
Founded in 1979, Armada Hoffler has historically focused on markets in the Mid-Atlantic and Southeast regions of the United States, with an emphasis on urban and high-growth locations.
Featured Articles
- Five stocks we like better than Armada Hoffler Properties
- Tesla’s Roadster Reveal Hints at 2 Much Bigger Moves
- The AI Sell-Off Continues—These 3 Stocks Keep Raising Guidance Anyway
- Mr. Wonderful’s Test for AI Data Center Stocks: Power, Permits, and Tenants
- Alcoa Beat Earnings, But Can It Escape the Aluminum Bears?
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.
