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Armada Hoffler Properties, Inc. AHH
Real Estate - REIT - Diversified - NYSE - US
Watchlist
$ 6.875
0.581 %
$ 692 M
Market Cap
20.38
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one AHH stock under the worst case scenario is HIDDEN Compared to the current market price of 6.88 USD, Armada Hoffler Properties, Inc. is HIDDEN

AHH Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one AHH stock under the base case scenario is HIDDEN Compared to the current market price of 6.88 USD, Armada Hoffler Properties, Inc. is HIDDEN

AHH Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one AHH stock under the best case scenario is HIDDEN Compared to the current market price of 6.88 USD, Armada Hoffler Properties, Inc. is HIDDEN

AHH Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart AHH

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1M 1%
6M -52%
1Y -58.0%
3Y -55.0%
5Y 16%
All
$11.0$11.0$10.5$10.5$10.0$10.0$9.5$9.5$9.0$9.0$8.5$8.5$8.0$8.0$7.5$7.5$7.0$7.0$6.5$6.5$6.0$6.015 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '25
FINANCIALS
708 M REVENUE
6.19%
Growth Rates
1Year 6.19%
3Years 35.61%
5Years 22.46%
7Years 12.91%
10Years 15.47%
107 M OPERATING INCOME
44.79%
Growth Rates
1Year 44.79%
3Years 19.33%
5Years 11.04%
7Years 18.90%
10Years 17.42%
42.5 M NET INCOME
412.78%
Growth Rates
1Year 412.78%
3Years 18.63%
5Years 5.67%
7Years 5.14%
10Years 12.78%
112 M OPERATING CASH FLOW
20.05%
Growth Rates
1Year 20.05%
3Years 7.10%
5Years 10.59%
7Years 9.85%
10Years 13.58%
-26.7 M INVESTING CASH FLOW
88.75%
Growth Rates
1Year 88.75%
3Years 22.62%
5Years 38.15%
7Years 17.47%
10Years 12.82%
-43.3 M FINANCING CASH FLOW
-35.39%
Growth Rates
1Year -35.39%
3Years 0.21%
5Years -3.28%
7Years -10.67%
10Years -4.37%
143 M REVENUE
-24.01%
Growth Rates
1Year 6.19%
3Years 35.61%
5Years 22.46%
7Years 12.91%
10Years 15.47%
39.7 M OPERATING INCOME
59.01%
Growth Rates
1Year 44.79%
3Years 19.33%
5Years 11.04%
7Years 18.90%
10Years 17.42%
29 M NET INCOME
866.73%
Growth Rates
1Year 412.78%
3Years 18.63%
5Years 5.67%
7Years 5.14%
10Years 12.78%
20.8 M OPERATING CASH FLOW
-26.54%
Growth Rates
1Year 20.05%
3Years 7.10%
5Years 10.59%
7Years 9.85%
10Years 13.58%
40.9 M INVESTING CASH FLOW
383.87%
Growth Rates
1Year 88.75%
3Years 22.62%
5Years 38.15%
7Years 17.47%
10Years 12.82%
-35.2 M FINANCING CASH FLOW
-347.92%
Growth Rates
1Year -35.39%
3Years 0.21%
5Years -3.28%
7Years -10.67%
10Years -4.37%
Balance Sheet Armada Hoffler Properties, Inc.
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Current Assets 365 M
Cash & Short-Term Investments 70.6 M
Receivables 270 M
Other Current Assets 24.2 M
Non-Current Assets 2.15 B
Long-Term Investments 158 M
PP&E 112 M
Other Non-Current Assets 1.88 B
2.81 %10.75 %6.29 %4.45 %74.74 %Total Assets$2.5b
Current Liabilities 324 M
Accounts Payable 143 M
Short-Term Debt 151 M
Other Current Liabilities 29.5 M
Non-Current Liabilities 1.3 B
Long-Term Debt 1.28 B
Other Non-Current Liabilities 16.3 M
8.83 %9.31 %79.03 %Total Liabilities$1.6b
EFFICIENCY
Earnings Waterfall Armada Hoffler Properties, Inc.
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Revenue 708 M
Cost Of Revenue 505 M
Gross Profit 203 M
Operating Expenses 96.9 M
Operating Income 107 M
Other Expenses 64 M
Net Income 42.5 M
800m800m700m700m600m600m500m500m400m400m300m300m200m200m100m100m00708m(505m)203m(97m)107m(64m)42mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
28.72% GROSS MARGIN
28.72%
Averages
1Year 28.72%
3Years 30.28%
5Years 33.25%
7Years 35.65%
10Years 32.83%
15.04% OPERATING MARGIN
15.04%
Averages
1Year 15.04%
3Years 14.65%
5Years 15.74%
7Years 17.12%
10Years 15.11%
5.03% NET MARGIN
5.03%
Averages
1Year 5.03%
3Years 7.58%
5Years 7.61%
7Years 8.49%
10Years 9.52%
5.32% ROE
5.32%
Averages
1Year 5.32%
3Years 5.01%
5Years 4.34%
7Years 4.34%
10Years 6.14%
1.42% ROA
1.42%
Averages
1Year 1.42%
3Years 1.69%
5Years 1.55%
7Years 1.55%
10Years 2.18%
4.62% ROIC
4.62%
Averages
1Year 4.62%
3Years 3.72%
5Years 3.46%
7Years 3.35%
10Years 3.38%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Armada Hoffler Properties, Inc.
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120m120m100m100m80m80m60m60m40m40m20m20m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 42.5 M
Depreciation & Amortization 68.3 M
Capital Expenditures 0
Stock-Based Compensation 5.1 M
Change in Working Capital 0
Others -3.85 M
Free Cash Flow 112 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Armada Hoffler Properties, Inc.
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Wall Street analysts predict an average 1-year price target for AHH of $12.8 , with forecasts ranging from a low of $12.8 to a high of $12.8 .
AHH Lowest Price Target Wall Street Target
12.8 USD 85.45%
AHH Average Price Target Wall Street Target
12.8 USD 85.45%
AHH Highest Price Target Wall Street Target
12.8 USD 85.45%
Price
Max Price Target
Min Price Target
Average Price Target
131312121111101099887766Jun '24Jun '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
2.08% DIVIDEND YIELD
0.14 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
1.0001.0000.9000.9000.8000.8000.7000.7000.6000.6000.5000.5000.4000.4000.3000.3000.2000.2000.1000.1000.0000.0000.170.180.190.20.210.220.150.170.190.2050.140.170.180.190.20.210.160.170.1950.2050.170.180.190.20.210.110.160.190.1950.2050.170.680.360.900.190.760.20.800.210.840.110.600.170.650.190.740.1950.790.2050.620.142015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 9
6. Ownership
Insider Ownership Armada Hoffler Properties, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
220 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
464 K USD 1
Bought
779 K USD 2
0-3 MONTHS
62.6 K USD 3
3-6 MONTHS
3.25 M USD 8
6-9 MONTHS
60.4 K USD 3
9-12 MONTHS
7. News
Armada Hoffler Acquires Full Ownership of Allied | Harbor Point VIRGINIA BEACH, Va., May 05, 2025 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) today announced it has reached an agreement with its joint venture partner, Beatty Development Group, to acquire full ownership and control of Allied | Harbor Point, a 312-unit multifamily asset located in Harbor Point Baltimore. The transaction aligns with the company's strategic initiative to simplify its business, create synergies with existing assets and enhance long-term value. globenewswire.com - 2 weeks ago
Armada Hoffler Preferred: Its Discount Might Vanish Before We Know It Armada Hoffler Properties, Inc.'s Series A preferred stock offers a compelling yield, a telling discount, and low solvency risk. Hoffler's diversified portfolio and strong occupancy rates, coupled with solid capital structure ratios, mitigate liquidity and dividend suspension risks. Despite the myriad of macro challenges, Hoffler's fixed dividends and historical commitment to payouts provide stability and long-term value for investors. seekingalpha.com - 2 weeks ago
The State Of REITs: April 2025 Edition REITs finished the first quarter of 2025 in the red (-3.36%) with a brutal -4.92% average total return in March. Large cap (-2.04%) and mid cap REITs (-2.63%) saw modest losses, but small caps (-4.16%) and micro caps (-16.19%) had a particularly bad month. Only 29.49% of REIT securities had a positive total return in March. seekingalpha.com - 4 weeks ago
Armada Hoffler: Debt Manageable, Valuations Cheap And Insiders Are Buying Armada Hoffler Properties is undervalued due to overdone market punishment; insider buying and favorable valuation make it a good buy opportunity. Effective debt management and asset sales are set to reduce leverage. AHH's properties nearing completion will boost FFO. seekingalpha.com - 1 month ago
Armada Hoffler: Very Cheap And A Hefty 8%+ Yield Armada Hoffler Properties is a REIT with high-quality, diversified properties, maintaining a strong 96% occupancy rate and positive re-leasing spreads. Despite recent share price declines and headwinds from interest rates and share dilution, AHH's long-term outlook remains positive, with potential FFO growth in 2026. Trading at a low 6.4x FFO and offering an 8% dividend yield, AHH presents a compelling investment opportunity for long-term investors. seekingalpha.com - 1 month ago
President Trump Hands A Big Gift To REIT Investors President Trump is pushing interest rates to lower levels. The winners are real estate and REIT investors. I highlight some great buy-the-dip opportunities. seekingalpha.com - 1 month ago
Strength Seen in Armada Hoffler Properties (AHH): Can Its 6.1% Jump Turn into More Strength? Armada Hoffler Properties (AHH) was a big mover last session on higher-than-average trading volume. The latest trend in FFO per share estimate revisions might not help the stock continue moving higher in the near term. zacks.com - 1 month ago
Armada Hoffler to Report First Quarter Earnings on May 7th VIRGINIA BEACH, Va., April 09, 2025 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) will report its earnings for the quarter ending March 31, 2024 at approximately 4:00 p.m. globenewswire.com - 1 month ago
3 REITs To Sell Before They Cut Their Dividend Many REITs are offering dividend yields in excess of 10%. But some of them are in very bad shape. I highlight three high yielding REITs to sell asap. seekingalpha.com - 1 month ago
Capital First, Payouts Later: A Smarter Take On Dividend Investing Mr. Market tends to panic at dividend cuts, reacting emotionally instead of rationally. Dividend cuts can create attractive entry points when driven by smart capital reallocation. I take a contrarian, long-term view — buying when others sell and focusing on cash flow, not headlines. seekingalpha.com - 1 month ago
Retirement Income: Up To 8% Secure Yields From REIT Preferred Shares Stocks and bonds are not enough for retirees anymore. REIT preferred shares can offer high and safe income. I highlight two of my favorite opportunities in today's market. seekingalpha.com - 1 month ago
Buy The Dip: 2 REITs Trading At Irresistible Bargains REITs have suffered a dip in recent months. This is largely due to the growing macro uncertainty. We highlight two deeply undervalued REITs to buy-the-dip. seekingalpha.com - 1 month ago
8. Profile Summary

Armada Hoffler Properties, Inc. AHH

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COUNTRY US
INDUSTRY REIT - Diversified
MARKET CAP $ 692 M
Dividend Yield 2.08%
Description Armada Hoffler Properties, Inc. (NYSE: AHH) is a vertically-integrated, self-managed real estate investment trust (REIT) with four decades of experience developing, building, acquiring, and managing high-quality, institutional-grade office, retail, and multifamily properties located primarily in the Mid-Atlantic and Southeastern United States. In addition to developing and building properties for its own account, the Company also provides development and general contracting construction services to third-party clients. Founded in 1979 by Daniel A. Hoffler, the Company has elected to be taxed as a REIT for U.S. federal income tax purposes.
Contact 222 Central Park Avenue, Virginia Beach, VA, 23462 https://www.armadahoffler.com
IPO Date May 8, 2013
Employees 148
Officers Mr. John C. Davis Executive Vice President of Construction Mr. Louis S. Haddad Executive Chairman Summer Chu Vice President of Human Resources & Legal Mr. Shawn J. Tibbetts Chief Executive Officer, President & Director Mr. Matthew T. Barnes-Smith Chief Financial Officer, Treasurer & Corporate Secretary Ms. Chelsea D. Forrest Vice President of Corporate Communications & Investor Relations Jeremy Riddick Vice President of Operations Mr. William Christopher Harvey Executive Vice President of Construction & Business Development Mr. Eric E. Apperson President of Construction Mr. Alan R. Hunt Executive Vice President of Construction