Armada Hoffler Properties, Inc. (AHRT) To Go Ex-Dividend on June 24th

Armada Hoffler Properties, Inc. (NYSE:AHRT) announced a quarterly dividend on Tuesday, May 12th. Shareholders of record on Wednesday, June 24th will be paid a dividend of 0.14 per share by the real estate investment trust on Thursday, July 2nd. This represents a c) dividend on an annualized basis and a yield of 8.7%. The ex-dividend date of this dividend is Wednesday, June 24th.

Armada Hoffler Properties has raised its dividend by an average of 0.0%annually over the last three years. Armada Hoffler Properties has a dividend payout ratio of 400.0% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect Armada Hoffler Properties to earn $0.69 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 81.2%.

Armada Hoffler Properties Price Performance

Shares of AHRT opened at $6.44 on Thursday. The company has a current ratio of 3.17, a quick ratio of 6.15 and a debt-to-equity ratio of 2.26. The firm has a market cap of $667.18 million, a PE ratio of -18.93 and a beta of 1.05. Armada Hoffler Properties has a 1-year low of $5.13 and a 1-year high of $7.71. The firm has a fifty day simple moving average of $5.90 and a two-hundred day simple moving average of $6.37.

Armada Hoffler Properties (NYSE:AHRT) last posted its quarterly earnings data on Monday, May 4th. The real estate investment trust reported ($0.33) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.29). The company 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 analysts anticipate that Armada Hoffler Properties will post 0.56 EPS for the current year.

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.