Today: The Armada Hoffler Properties Inc. (AHH) Set to Announce Quarterly Earnings on Tuesday

The Armada Hoffler Properties Inc. (AHH) Set to Announce Quarterly Earnings on Tuesday

Armada Hoffler Properties Inc. (NYSE:AHH) will be issuing its Q316 quarterly earnings data on Tuesday, November 1st. Analysts expect the company to announce earnings of $0.24 per share and revenue of $24.65 million for the quarter.

Shares of Armada Hoffler Properties Inc. (NYSE:AHH) opened at 13.29 on Monday. The firm has a market cap of $653.16 million, a PE ratio of 14.12 and a beta of 0.55. Armada Hoffler Properties Inc. has a 52-week low of $9.76 and a 52-week high of $15.50. The stock’s 50 day moving average price is $13.32 and its 200-day moving average price is $13.18.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 6th. Stockholders of record on Wednesday, September 28th were paid a dividend of $0.18 per share. The ex-dividend date was Monday, September 26th. This represents a $0.72 annualized dividend and a dividend yield of 5.42%. Armada Hoffler Properties’s dividend payout ratio is presently 78.26%.

Several analysts have recently issued reports on AHH shares. TheStreet raised shares of Armada Hoffler Properties from a “hold” rating to a “buy” rating in a research note on Tuesday, August 2nd. Wunderlich upped their price target on shares of Armada Hoffler Properties from $13.00 to $15.50 and gave the stock a “buy” rating in a research report on Wednesday, August 3rd. Stifel Nicolaus upped their price target on shares of Armada Hoffler Properties from $13.00 to $15.50 and gave the stock a “buy” rating in a research report on Wednesday, August 3rd. DA Davidson initiated coverage on shares of Armada Hoffler Properties in a research report on Friday, October 14th. They set a “buy” rating and a $15.00 price target for the company. Finally, Zacks Investment Research cut shares of Armada Hoffler Properties from a “buy” rating to a “hold” rating in a research report on Wednesday, August 10th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $14.50.

Institutional investors have recently bought and sold shares of the stock. State Street Corp boosted its position in Armada Hoffler Properties by 10.8% in the second quarter. State Street Corp now owns 538,704 shares of the company’s stock worth $7,400,000 after buying an additional 52,587 shares during the last quarter. Ativo Capital Management LLC boosted its position in Armada Hoffler Properties by 95.8% in the second quarter. Ativo Capital Management LLC now owns 96,903 shares of the company’s stock worth $1,331,000 after buying an additional 47,424 shares during the last quarter. Advisor Group Inc. purchased a new position in Armada Hoffler Properties during the second quarter worth $228,000. Teachers Advisors Inc. boosted its position in Armada Hoffler Properties by 1.1% in the second quarter. Teachers Advisors Inc. now owns 60,911 shares of the company’s stock worth $837,000 after buying an additional 663 shares during the last quarter. Finally, Deere & Co. purchased a new position in Armada Hoffler Properties during the second quarter worth $1,700,000. 64.94% of the stock is owned by institutional investors.

Armada Hoffler Properties Company Profile

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