VIRGINIA BEACH, Va., Sept. 27, 2024 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) will report its earnings for the quarter ending September 30, 2024 at approximately 4:00 p.m. Eastern on Tuesday, November 5, 2024. At 8:30 a.m. Eastern on Wednesday, November 6, 2024, senior management will host a conference call and webcast to discuss earnings and other information. To listen to the call, dial (+1) 800 549 8228 (toll-free dial-in number) or (+1) 646 564 2877 (toll dial-in number). The conference ID is 73360 ...

VIRGINIA BEACH, Va., Sept. 25, 2024 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) today announced that it has priced an underwritten public offering of 9,000,000 shares of its common stock for total gross proceeds (before underwriters’ discounts and commissions and offering expenses) of approximately $94.5 million. The offering is expected to close on September 27, 2024, subject to customary closing conditions. The Company has granted the underwriters a 30-day option to purchase up to an additional 1,350,0 ...

VIRGINIA BEACH, Va., Sept. 25, 2024 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) today announced that it has commenced an underwritten public offering of 7,000,000 shares of its common stock. The Company also has granted the underwriters a 30-day option to purchase up to an additional 1,050,000 shares of its common stock. The Company intends to use the net proceeds from the offering to repay (A) the loan secured by Chronicle Mill, (B) the loan secured by Premier, (C) the loan secured by Market at Mill Cre ...

Gary Yeowell My previous and first article on Armada Hoffler Properties, Inc. (NYSE:AHH) was issued back in July, before the Q2 2024 data was published. While I recognized the main risks of AHH as elevated leverage and high concentration in the office segment, my investment stance was still bullish. The reason for that lies in several important mitigants to those risks and a very cheap multiple, which in the context of the overall fundamentals seemed to provide an attractive investment case. The main mitiga ...

ISergUnderfollowed stocks can be a great way to profit off market misconceptions or general lack of investor awareness. The opposite may be true for heavily followed stocks such as NVIDIA (NVDA) that already have plenty of future growth already priced into the stock. For those who like steady annual total returns, the former may be the better option. That’s because getting an 11% return on average annually over 10 years is the same as getting a 100% return and year one, followed by lower 1% annual retur ...

Armada Hoffler Properties (AHH) reported $63.27 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 5.5%. EPS of $0.34 for the same period compares to $0.13 a year ago.The reported revenue represents a surprise of +2.23% over the Zacks Consensus Estimate of $61.89 million. With the consensus EPS estimate being $0.31, the EPS surprise was +9.68%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to ...

Armada Hoffler Properties (AHH) came out with quarterly funds from operations (FFO) of $0.34 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to FFO of $0.32 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 9.68%. A quarter ago, it was expected that this real estate company would post FFO of $0.31 per share when it actually produced FFO of $0.33, delivering a surprise of 6.45%.Over the last four quar ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Exact name of registrant as specified in its charter) Commission File Number: 001-35908 ARMADA HOFFLER PROPERTIES, INC. FORM10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or Maryland 46-1214914 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 222 Central Park Avenue , Suite 2100 Virginia Beach ...

Exhibit 99.1 PRESS RELEASE ARMADA HOFFLER REPORTS SECOND QUARTER 2024 RESULTS GAAP Net Income of $0.4 million Normalized FFO of $0.34 Per Diluted Share Office Same Store NOI Growth of 9.0% (GAAP) and 7.7% (Cash); Positive Office Renewal Spreads of 24.3% (GAAP) and 4.4% (Cash) Office Occupancy Increased to 94.3% Positive Renewal Spreads on Retail Leases of 5.8% (GAAP) and 2.9% (Cash) Positive Tradeouts on Multifamily Renewals of 4.3% Maintained 2024 Full-Year Normalized FFO Guidance Range of $1.21 to $1.27 P ...

Core Viewpoint - The current environment presents a favorable opportunity for investing in REITs, with many offering higher-than-usual yields and inflation under control, potentially leading to stable or declining interest rates [1] Group 1: Dividend Safety Importance - Dividend safety is critical for REITs as a cut in dividends can lead to a significant drop in share prices, causing investors to incur losses [2] - Investors should avoid "mousetrap" REITs, which may appear attractive due to high yields but often indicate underlying financial issues [2] Group 2: Dividend Safety Scores - Seeking Alpha Premium provides a Dividend Safety score, where a higher score indicates a lower likelihood of a dividend cut within the next 12 months [3][4] - Companies with a Dividend Safety grade of A+ can afford to pay out more cash income to shareholders, while those in lower grades may be retaining earnings for expansion [4] Group 3: Yield Considerations - With U.S. treasuries yielding approximately 4.25%, REITs need to offer at least a 5.25% yield to be considered attractive to income investors [5] - The average REIT yield is currently below the no-risk rate, making many REITs less appealing unless their stock prices are expected to rise significantly [5] Group 4: REITs in the Danger Zone - As of the latest data, there are 22 equity REITs with yields over 5.25% that have been rated in the Danger Zone for Dividend Safety [6] - The article highlights seven REITs with a Dividend Safety grade of F, indicating a high risk of imminent dividend cuts [6] Group 5: Specific REIT Analysis - Global Net Lease (GNL) has a high yield of over 12% but faces significant financial challenges, including a 65% debt ratio and a projected decline in FFO/share of -38.7% [7][8] - Clipper Realty (CLPR) has a debt ratio of 95% and is expected to see a -40% decline in FFO/share this year, raising concerns about its dividend sustainability [9][10] - Global Medical REIT (GMRE) has maintained its dividend historically but faces a -9.8% decline in FFO this year, putting its dividend at risk [11][12] - Easterly Government Properties (DEA) has a forecasted FFO/share decline of -10.2% and a concerning payout ratio, indicating potential dividend issues [13][14] - Healthcare Realty (HR) has a low interest coverage ratio of 0.20 and is expected to see an -8.3% decline in FFO, raising red flags about its dividend safety [15][16] - Postal Realty Trust (PSTL) has a TTM payout ratio exceeding 800% and is expected to see a -7.3% decline in FFO/share, indicating significant risk [17][18] - Crown Castle (CCI) has a high debt-to-equity ratio of 520% and is projected to see a -14.5% decline in FFO/share, despite a history of dividend growth [19][20] Group 6: Conclusion on Dividend Safety - A grade of F in Dividend Safety suggests a 40% chance of a dividend cut within the next year, prompting investors to reconsider their positions in these REITs [21]