Armada Hoffler Properties(AHH)

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Armada Hoffler Properties: 7% Dividend Yield With Strong Coverage
seekingalpha.com· 2024-05-28 08:15
DenisTangneyJr Armada Hoffler Properties (NYSE:AHH) is one of the best investment opportunities in the equity REIT space. The REIT is currently trading hands for a 9.14x multiple to the midpoint of guidance for normalized funds from operations ("NFFO") of $1.21 to $1.27 per share for fiscal 2024. This would represent growth of 3 cents at the top end over NFFO of $1.24 per share realized in 2023, the midpoint would mean flat year-over-year growth. AHH multiple reached as high as 14x in 2022 with Seeking ...
Armada Hoffler Properties(AHH) - 2024 Q1 - Quarterly Report
2024-05-09 21:33
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-35908 ARMADA HOFFLER PROPERTIES, INC. (Exact name of registrant as specified in its charter) Maryland 46-1214914 (State or other jurisdicti ...
Armada Hoffler Properties(AHH) - 2024 Q1 - Earnings Call Transcript
2024-05-09 17:08
Armada Hoffler Properties, Inc. (NYSE:AHH) Q1 2024 Results Conference Call May 9, 2024 8:30 AM ET Company Participants Chelsea Forrest - Director of Corporate Communications and Investor Relations Louis Haddad - Chief Executive Officer Matthew Barnes-Smith - Chief Financial Officer Shawn Tibbetts - President and Chief Operating Officer Conference Call Participants Robert Stevenson - Janney Peter Abramowitz - Jefferies Camille Bonnel - Bank of America Bill Crow - Raymond James Operator Good morning, ladies a ...
Armada Hoffler Properties (AHH) Beats Q1 FFO and Revenue Estimates
Zacks Investment Research· 2024-05-09 12:16
Armada Hoffler Properties (AHH) came out with quarterly funds from operations (FFO) of $0.33 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to FFO of $0.30 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 6.45%. A quarter ago, it was expected that this real estate company would post FFO of $0.32 per share when it actually produced FFO of $0.31, delivering a surprise of -3.13%.Over the last four qua ...
Armada Hoffler Properties(AHH) - 2024 Q1 - Quarterly Results
2024-05-09 00:55
Exhibit 99.1 PRESS RELEASE ARMADA HOFFLER REPORTS FIRST QUARTER 2024 RESULTS Net Income of $0.17 Per Diluted Share Normalized FFO of $0.33 Per Diluted Share FFO attributable to common stockholders and OP Unit holders for the first quarter increased to $35.0 million compared to $20.6 million for the first quarter of 2023. Normalized FFO attributable to common stockholders and OP Unit holders for the first quarter increased to $29.4 million compared to $26.5 million for the first quarter of 2023. The period-o ...
I'm Locking Up To 8% Yield For A Better Tomorrow
Seeking Alpha· 2024-04-26 17:00
Supertruper It's the second half of April and most Americans are probably relieved that tax season is officially over and is not something they need to worry about until at least the end of the year. It's important to keep in mind, however, that while nominal taxes get plenty of attention, inflation is like a hidden tax that creeps into everyday living with less obvious effects. That's why I would consider 'real taxes' to be combination of both nominal taxes that one pays, and the inflationary effects on th ...
Armada Hoffler Commits to Retaining WeWork as a Tenant in Premier One City Center Building, Bolstering Innovation Hub in Durham, North Carolina
Newsfilter· 2024-04-02 10:00
VIRGINIA BEACH, Va., April 02, 2024 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE:AHH) announced its decision to continue its lease with WeWork at its trophy One City Center property, reinforcing its commitment to fostering innovation in the Durham, North Carolina region. "As previously communicated, we have diligently worked to refine lease terms, and we are pleased to have reached an agreement that ultimately results in market rate rent," said Shawn Tibbetts, President and Chief Operating Officer at Armada Hof ...
Armada Hoffler: Market Mispricing Means Income Opportunity And Potential Upside
Seeking Alpha· 2024-03-08 22:00
ryasick Introduction Nothing excites me more than an opportunity to grow my income at cheaper valuations. One way to do that currently is by investing in the REIT sector. As readers may know, I've written plenty of articles regarding the opportunity REITs have presented investors because of the sharp decline they've experienced in the last two years. However, there are some that are currently even more attractively priced and one in particular that comes to mind is Armada Hoffler Properties (NYSE:AHH), ...
The Best REIT Dividends: Stability, Growth, And Yield
Seeking Alpha· 2024-03-05 19:16
Eoneren REITs, along with utilities and energy, are often the sectors to which people turn for dividend income. Within each sector, there are widely varying dividends which can either be excellent sustainable income or money losing traps. This article will focus on the best REIT dividends for stability, growth over time and absolute yield. Often a composite of these attributes will outperform reaching for any of the extremes. In my opinion, these are the opportunistic dividend REITs right now in descending ...
Armada Hoffler Announces John W. Snow Will Retire From Company's Board Of Directors
Newsfilter· 2024-03-04 21:15
VIRGINIA BEACH, Va., March 04, 2024 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE:AHH) announced that John W. Snow, 84, will retire as a member of the Company's Board of Directors effective as of the date of Armada Hoffler's 2024 Annual Meeting of Stockholders. Armada Hoffler's Board of Directors recently approved an amendment to Armada Hoffler's Corporate Governance Guidelines pursuant to which directors will no longer stand for re-election after they reach the age of 80. Serving as a director since Armada Hoff ...