Armada Hoffler Properties, Inc. (AHRT) – What Are Investment Firms Thinking About This Stock?

Shares of Armada Hoffler Properties, Inc. (NYSE:AHRT) have been assigned a consensus recommendation of “Hold” from the five research firms that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $7.50.

AHRT has been the topic of several recent research reports. Weiss Ratings cut shares of Armada Hoffler Properties from a “sell (d+)” rating to a “sell (d)” rating in a research note on Thursday, October 8th. Jefferies Financial Group raised Armada Hoffler Properties to a “strong-buy” rating in a report on Tuesday, August 18th.

Armada Hoffler Properties Stock Down 2.1%

Shares of NYSE AHRT opened at $6.39 on Friday. The company has a 50 day simple moving average of $6.20 and a 200 day simple moving average of $6.44. The firm has a market cap of $477.00 million, a PE ratio of -9.69 and a beta of 1.10. The company has a debt-to-equity ratio of 1.91, a current ratio of 3.10 and a quick ratio of 3.10. Armada Hoffler Properties has a 1 year low of $5.13 and a 1 year high of $7.33.

Armada Hoffler Properties (NYSE:AHRT) last released its quarterly earnings data on Monday, November 2nd. The real estate investment trust reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.21). The business had revenue of $52.32 million during the quarter. Armada Hoffler Properties had a negative net margin of 22.97% and a negative return on equity of 1.32%. On average, research analysts forecast that Armada Hoffler Properties will post 0.60 EPS for the current year.

Armada Hoffler Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Shareholders of record on Wednesday, September 30th were given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 8.8%. The ex-dividend date was Wednesday, September 30th. Armada Hoffler Properties’s dividend payout ratio (DPR) is presently -84.85%.

Armada Hoffler Properties Company Profile

Armada Hoffler Properties, Inc is a real estate investment trust that owns, develops and manages a portfolio of multifamily, office and retail properties. The company focuses primarily on high-quality, mixed-use and urban-oriented real estate assets.

Armada Hoffler’s properties and development activities are concentrated in the Mid-Atlantic and Southeast regions of the United States, with a particular presence in markets such as Virginia, Maryland, North Carolina and South Carolina. Its portfolio includes apartment communities, office buildings, shopping centers and mixed-use projects that combine residential, commercial and retail space.

Founded in 1979, the company has historically operated as an integrated real estate business, combining property ownership and management with development and construction capabilities.