Armada Hoffler Properties (NYSE:AHH – Get Free Report) is scheduled to post its quarterly earnings results before the market opens on Thursday, May 9th. Analysts expect Armada Hoffler Properties to post earnings of $0.31 per share for the quarter. Armada Hoffler Properties has set its FY 2024 guidance at 1.210-1.270 EPS and its FY24 guidance at $1.21 to $1.27 EPS.Parties that wish to listen to the company’s conference call can do so using this link.
Armada Hoffler Properties (NYSE:AHH – Get Free Report) last issued its quarterly earnings results on Thursday, February 22nd. The real estate investment trust reported ($0.27) EPS for the quarter, missing the consensus estimate of $0.32 by ($0.59). The firm had revenue of $186.75 million for the quarter, compared to the consensus estimate of $63.93 million. Armada Hoffler Properties had a net margin of 1.12% and a return on equity of 1.09%. The business’s revenue for the quarter was up 23.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.35 earnings per share. On average, analysts expect Armada Hoffler Properties to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Armada Hoffler Properties Stock Up 0.9 %
Shares of NYSE AHH opened at $10.61 on Thursday. Armada Hoffler Properties has a 1 year low of $9.81 and a 1 year high of $13.11. The firm has a 50-day simple moving average of $10.47 and a two-hundred day simple moving average of $11.14. The company has a market cap of $937.71 million, a P/E ratio of -212.16 and a beta of 0.99. The company has a debt-to-equity ratio of 2.35, a current ratio of 9.55 and a quick ratio of 9.55.
Armada Hoffler Properties Increases Dividend
Insider Buying and Selling at Armada Hoffler Properties
In other Armada Hoffler Properties news, Director Dennis H. Gartman bought 4,500 shares of the firm’s stock in a transaction dated Friday, March 15th. The stock was acquired at an average cost of $10.37 per share, for a total transaction of $46,665.00. Following the completion of the transaction, the director now owns 12,005 shares in the company, valued at $124,491.85. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Insiders have acquired 7,129 shares of company stock valued at $74,291 in the last quarter. 11.90% of the stock is owned by insiders.
About Armada Hoffler Properties
Armada Hoffler (NYSE: AHH) is a vertically-integrated, self-managed real estate investment trust with over four decades of experience developing, building, acquiring, and managing high-quality retail, office, and multifamily properties located primarily in the Mid-Atlantic and Southeastern United States.
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