Armada Hoffler Properties, Inc. (NYSE:AHRT – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $6.46 and traded as high as $7.12. Armada Hoffler Properties shares last traded at $7.0950, with a volume of 745,762 shares traded.
Wall Street Analyst Weigh In
AHRT has been the topic of several research analyst reports. Wall Street Zen upgraded shares of Armada Hoffler Properties from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 23rd. Stifel Nicolaus reduced their price target on shares of Armada Hoffler Properties from $9.00 to $8.00 and set a “buy” rating for the company in a research note on Tuesday, May 5th. Scotiabank decreased their price objective on shares of Armada Hoffler Properties from $7.50 to $7.00 and set a “sector perform” rating for the company in a report on Tuesday, March 17th. Weiss Ratings upgraded shares of Armada Hoffler Properties from a “sell (d)” rating to a “sell (d+)” rating in a research report on Tuesday, May 12th. Finally, Zacks Research upgraded shares of Armada Hoffler Properties from a “strong sell” rating to a “hold” rating in a report on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Armada Hoffler Properties currently has an average rating of “Hold” and a consensus target price of $7.38.
View Our Latest Analysis on AHRT
Armada Hoffler Properties Trading Down 0.2%
Armada Hoffler Properties (NYSE:AHRT – Get Free Report) last posted its quarterly earnings data on Monday, May 4th. The real estate investment trust reported ($0.33) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.29). The business had revenue of $40.06 million during the quarter, compared to analysts’ expectations of $52.43 million. Armada Hoffler Properties had a positive return on equity of 0.91% and a negative net margin of 6.87%.Armada Hoffler Properties has set its FY 2026 guidance at 0.510-0.550 EPS. On average, equities research analysts forecast that Armada Hoffler Properties, Inc. will post 0.58 EPS for the current fiscal year.
Armada Hoffler Properties Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Wednesday, June 24th were issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 7.9%. The ex-dividend date of this dividend was Wednesday, June 24th. Armada Hoffler Properties’s payout ratio is currently -164.71%.
Armada Hoffler Properties declared that its Board of Directors has initiated a share buyback plan on Thursday, May 14th that authorizes the company to buyback $100.00 million in shares. This buyback authorization authorizes the real estate investment trust to purchase up to 15% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s management believes its stock is undervalued.
Hedge Funds Weigh In On Armada Hoffler Properties
Several hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. grew its holdings in Armada Hoffler Properties by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 9,124,367 shares of the real estate investment trust’s stock valued at $60,403,000 after buying an additional 28,813 shares in the last quarter. State Street Corp lifted its holdings in shares of Armada Hoffler Properties by 1.6% in the 4th quarter. State Street Corp now owns 3,209,990 shares of the real estate investment trust’s stock valued at $21,692,000 after acquiring an additional 51,848 shares during the last quarter. Invesco Ltd. grew its position 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 acquiring an additional 77,532 shares in the last quarter. Franklin Resources Inc. grew its position in Armada Hoffler Properties by 4.4% in the fourth quarter. Franklin Resources Inc. now owns 2,234,270 shares of the real estate investment trust’s stock worth $14,791,000 after acquiring an additional 94,614 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in Armada Hoffler Properties by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 2,158,972 shares of the real estate investment trust’s stock worth $14,295,000 after acquiring an additional 23,007 shares during the last quarter. Hedge funds and other institutional investors own 66.35% of the company’s stock.
Armada Hoffler Properties Company Profile
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.
Read More
- Five stocks we like better than Armada Hoffler Properties
- AST SpaceMobile’s Japan Catalyst Puts Its Rollout Story Back in Focus
- Gold and Silver Recovery—3 Precious Metals Stocks for H2 2026
- Klarna’s Google Court Win Could Give Its BNPL Story a Needed Cash Catalyst
- Why Kroger’s Giant Eagle Deal Could Change Everything
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.
