Headlines about Armada Hoffler Properties (NYSE:AHH) have been trending somewhat positive recently, Accern Sentiment reports. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Armada Hoffler Properties earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave headlines about the real estate investment trust an impact score of 46.2904883857648 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Shares of NYSE:AHH traded up $0.10 during trading on Wednesday, hitting $13.87. 41,561 shares of the company were exchanged, compared to its average volume of 310,584. The company has a market capitalization of $616.52, a PE ratio of 13.91, a P/E/G ratio of 3.23 and a beta of 0.49. The company has a current ratio of 9.59, a quick ratio of 9.59 and a debt-to-equity ratio of 1.23. Armada Hoffler Properties has a 12-month low of $12.65 and a 12-month high of $16.00.
Armada Hoffler Properties (NYSE:AHH) last released its quarterly earnings results on Tuesday, February 6th. The real estate investment trust reported $0.09 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.15). Armada Hoffler Properties had a net margin of 8.42% and a return on equity of 6.23%. The business had revenue of $27.65 million during the quarter, compared to analysts’ expectations of $27.44 million. During the same quarter last year, the company earned $0.25 EPS. The firm’s revenue for the quarter was up 4.3% compared to the same quarter last year. equities research analysts predict that Armada Hoffler Properties will post 1.03 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, April 5th. Investors of record on Wednesday, March 28th were given a $0.20 dividend. This is an increase from Armada Hoffler Properties’s previous quarterly dividend of $0.19. The ex-dividend date was Tuesday, March 27th. This represents a $0.80 annualized dividend and a yield of 5.77%. Armada Hoffler Properties’s dividend payout ratio is 80.81%.
AHH has been the topic of a number of research analyst reports. TheStreet downgraded shares of Armada Hoffler Properties from a “b” rating to a “c+” rating in a research note on Friday, January 5th. Zacks Investment Research raised shares of Armada Hoffler Properties from a “sell” rating to a “hold” rating in a research note on Thursday, February 8th. Alex. Brown restated a “market perform” rating on shares of Armada Hoffler Properties in a report on Monday, January 8th. Finally, Citigroup cut shares of Armada Hoffler Properties to a “market perform” rating in a report on Monday, January 8th. They noted that the move was a valuation call. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $15.20.
In other Armada Hoffler Properties news, CEO Louis S. Haddad purchased 15,000 shares of Armada Hoffler Properties stock in a transaction that occurred on Thursday, February 8th. The stock was purchased at an average price of $13.17 per share, for a total transaction of $197,550.00. Following the transaction, the chief executive officer now directly owns 282,221 shares in the company, valued at $3,716,850.57. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 16.59% of the stock is owned by corporate insiders.
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About Armada Hoffler Properties
Armada Hoffler Properties, Inc (NYSE:AHH) is a vertically-integrated, self-managed real estate investment trust ("REIT") with nearly four decades of experience developing, building, acquiring and managing high-quality, institutional-grade office, retail and multifamily properties located primarily in the Mid-Atlantic and Southeastern United States.
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