Armada Hoffler Properties, Inc. (AHH) To Go Ex-Dividend on December 31st

Armada Hoffler Properties, Inc. (NYSE:AHH) announced a quarterly dividend on Friday, November 21st. Shareholders of record on Wednesday, December 31st will be given a dividend of 0.14 per share by the real estate investment trust on Thursday, January 8th. This represents a c) annualized dividend and a yield of 8.4%. The ex-dividend date is Wednesday, December 31st.

Armada Hoffler Properties has decreased its dividend payment by an average of 0.0%annually over the last three years. Armada Hoffler Properties has a payout ratio of 400.0% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Armada Hoffler Properties to earn $1.10 per share next year, which means the company should continue to be able to cover its $0.56 annual dividend with an expected future payout ratio of 50.9%.

Armada Hoffler Properties Trading Up 0.5%

NYSE:AHH opened at $6.64 on Monday. Armada Hoffler Properties has a 12 month low of $6.01 and a 12 month high of $10.27. The company has a current ratio of 7.14, a quick ratio of 7.14 and a debt-to-equity ratio of 2.35. The company has a 50-day moving average price of $6.55 and a 200-day moving average price of $6.86. The stock has a market cap of $688.85 million, a price-to-earnings ratio of 34.92 and a beta of 1.06.

Armada Hoffler Properties (NYSE:AHH) last issued its quarterly earnings results on Monday, November 3rd. The real estate investment trust reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.03. The company had revenue of $72.15 million for the quarter, compared to analysts’ expectations of $66.23 million. Armada Hoffler Properties had a return on equity of 4.43% and a net margin of 6.77%.Armada Hoffler Properties has set its FY 2025 guidance at 1.030-1.070 EPS. Equities analysts predict that Armada Hoffler Properties will post 1.05 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. GAMMA Investing LLC grew its holdings in Armada Hoffler Properties by 464.9% during the second quarter. GAMMA Investing LLC now owns 4,163 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 3,426 shares during the period. Hantz Financial Services Inc. lifted its position in shares of Armada Hoffler Properties by 99.3% during the 3rd quarter. Hantz Financial Services Inc. now owns 6,367 shares of the real estate investment trust’s stock valued at $45,000 after buying an additional 3,173 shares in the last quarter. Tower Research Capital LLC TRC grew its stake in shares of Armada Hoffler Properties by 172.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 7,919 shares of the real estate investment trust’s stock valued at $54,000 after acquiring an additional 5,015 shares during the period. Inscription Capital LLC purchased a new stake in Armada Hoffler Properties in the 3rd quarter worth approximately $72,000. Finally, Pinnacle Wealth Planning Services Inc. purchased a new position in Armada Hoffler Properties during the second quarter valued at approximately $77,000. 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.