Armada Hoffler Properties(AHH)
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Armada Hoffler to Report Third Quarter Earnings on November 5th
GlobeNewswire News Room· 2024-09-27 20:15
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 ...
Armada Hoffler Announces Upsizing and Pricing of Public Offering of Common Stock
GlobeNewswire News Room· 2024-09-26 03:19
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 ...
Armada Hoffler Announces Commencement of Public Offering of Common Stock
GlobeNewswire News Room· 2024-09-25 20:01
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 ...
Armada Hoffler Properties: The P/FFO Multiple Of 9.7x Provides An Opportunity
Seeking Alpha· 2024-08-30 14:52
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 ...
Armada Hoffler: Capture Up To 7.5% Yield From This Diversified REIT
Seeking Alpha· 2024-08-18 14:17
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) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-08-08 00:01
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) Beats Q2 FFO and Revenue Estimates
ZACKS· 2024-08-07 23:46
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 ...
Armada Hoffler Properties(AHH) - 2024 Q2 - Quarterly Report
2024-08-07 21:05
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 June 30, 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 jurisdictio ...
Armada Hoffler Properties(AHH) - 2024 Q2 - Quarterly Results
2024-08-07 20:06
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 ...
7 Potential Mousetrap REITs - High, Potentially Unsafe Yields
Seeking Alpha· 2024-08-02 12:30
perets From a fundamental standpoint, this appears to be a good time to invest in REITs. Right now, there are lots of quality REITs whose yields are higher than usual. Inflation appears to be under control, and nearly down to the Fed target of 2%. It's likely that interest rates will hold steady or drop in the near future. After the brutal sell-off of the last two years, REITs rallied into the start of this year, and after a period of consolidation, may be poised for another surge. But even if they are, the ...