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Real Estate - REIT - Diversified - NYSE - US
$ 10.98
1.01 %
$ 1.12 B
Market Cap
-49.91
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one AHH stock under the base case scenario is HIDDEN Compared to the current market price of 11 USD, Armada Hoffler Properties, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart AHH

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FINANCIALS
667 M REVENUE
46.90%
73.6 M OPERATING INCOME
-9.32%
8.29 M NET INCOME
-91.71%
93.3 M OPERATING CASH FLOW
-20.15%
-237 M INVESTING CASH FLOW
-613.75%
122 M FINANCING CASH FLOW
269.34%
188 M REVENUE
1.51%
25 M OPERATING INCOME
2.08%
-3.79 M NET INCOME
-119.39%
28.3 M OPERATING CASH FLOW
62.80%
-14.4 M INVESTING CASH FLOW
-17.70%
10.1 M FINANCING CASH FLOW
137.02%
Balance Sheet Decomposition Armada Hoffler Properties, Inc.
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Current Assets 329 M
Cash & Short-Term Investments 30.2 M
Receivables 172 M
Other Current Assets 127 M
Non-Current Assets 223 M
Long-Term Investments 142 M
PP&E 114 M
Other Non-Current Assets -32.9 M
Current Liabilities 117 M
Accounts Payable 31 M
Short-Term Debt 65.6 M
Other Current Liabilities 19.9 M
Non-Current Liabilities 1.64 B
Long-Term Debt 1.25 B
Other Non-Current Liabilities 394 M
EFFICIENCY
Earnings Waterfall Armada Hoffler Properties, Inc.
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Revenue 667 M
Cost Of Revenue 575 M
Gross Profit 92 M
Operating Expenses 115 M
Operating Income 73.6 M
Other Expenses 65.3 M
Net Income 8.29 M
RATIOS
13.78% GROSS MARGIN
13.78%
11.03% OPERATING MARGIN
11.03%
1.24% NET MARGIN
1.24%
1.45% ROE
1.45%
0.32% ROA
0.32%
3.57% ROIC
3.57%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Armada Hoffler Properties, Inc.
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Net Income 8.29 M
Depreciation & Amortization 64.8 M
Capital Expenditures 0
Stock-Based Compensation 3.68 M
Change in Working Capital -24.4 M
Others 16.5 M
Free Cash Flow 93.3 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 16.12%
AHH Average Price Target Wall Street Target
12.8 USD 16.12%
AHH Highest Price Target Wall Street Target
12.8 USD 16.12%
4. DIVIDEND ANALYSIS
2.19% DIVIDEND YIELD
0.205 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Armada Hoffler Properties, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
464 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
3.25 M USD 8
0-3 MONTHS
60.4 K USD 3
3-6 MONTHS
75.2 K USD 4
6-9 MONTHS
23.4 K USD 2
9-12 MONTHS
Date Value Insider Amount Avg Price
1 month ago
Oct 03, 2024
Bought 9.73 K USD
KIRK A RUSSELL
Director
+ 898.9
10.8219 USD
1 month ago
Oct 02, 2024
Bought 48.8 K USD
Gartman Dennis H.
Director
+ 4500
10.8453 USD
1 month ago
Sep 26, 2024
Bought 1 M USD
Hoffler Daniel A
Director
+ 95238
10.5 USD
1 month ago
Sep 26, 2024
Bought 1 M USD
Haddad Louis S
CEO
+ 95238
10.5 USD
1 month ago
Sep 26, 2024
Bought 100 K USD
Wimbush Frederick Blair
Director
+ 9523
10.5 USD
1 month ago
Sep 26, 2024
Bought 50 K USD
Cherry James C.
Director
+ 4761
10.5 USD
1 month ago
Sep 26, 2024
Bought 10 K USD
Allen George F
Director
+ 952
10.5 USD
1 month ago
Sep 26, 2024
Bought 1 M USD
KIRK A RUSSELL
Director
+ 95238
10.5 USD
1 month ago
Sep 26, 2024
Bought 30 K USD
Carroll James A
Director
+ 2857
10.5 USD
4 months ago
Jul 10, 2024
Bought 49.9 K USD
Gartman Dennis H.
Director
+ 4500
11.0947 USD
4 months ago
Jul 05, 2024
Bought 9.55 K USD
KIRK A RUSSELL
Director
+ 859.938
11.1072 USD
4 months ago
Jul 05, 2024
Bought 954 USD
Wimbush Frederick Blair
Director
+ 87.15
10.95 USD
6 months ago
May 16, 2024
Sell 464 K USD
Apperson Eric E.
President of Construction
- 40000
11.5885 USD
7 months ago
Apr 04, 2024
Bought 935 USD
Wimbush Frederick Blair
Director
+ 89.435
10.46 USD
7 months ago
Apr 04, 2024
Bought 9.36 K USD
KIRK A RUSSELL
Director
+ 912.646
10.2607 USD
8 months ago
Mar 15, 2024
Bought 46.7 K USD
Gartman Dennis H.
Director
+ 4500
10.3698 USD
8 months ago
Mar 12, 2024
Bought 18.3 K USD
Allen George F
Director
+ 1716
10.64 USD
10 months ago
Jan 04, 2024
Bought 8.77 K USD
KIRK A RUSSELL
Director
+ 715.252
12.2588 USD
10 months ago
Jan 04, 2024
Bought 14.6 K USD
Apperson Eric E.
President of Construction
+ 1202.85
12.1766 USD
1 year ago
Oct 05, 2023
Bought 8.6 K USD
KIRK A RUSSELL
Director
+ 850.809
10.1106 USD
1 year ago
Oct 05, 2023
Bought 14.4 K USD
Apperson Eric E.
President of Construction
+ 1408.12
10.2066 USD
1 year ago
Jul 06, 2023
Bought 8.47 K USD
KIRK A RUSSELL
Director
+ 710.184
11.92 USD
1 year ago
Jul 06, 2023
Bought 14.1 K USD
Apperson Eric E.
President of Construction
+ 1200.98
11.77 USD
1 year ago
Apr 06, 2023
Bought 8.12 K USD
KIRK A RUSSELL
Director
+ 693.242
11.71 USD
1 year ago
Apr 06, 2023
Bought 13.6 K USD
Apperson Eric E.
President of Construction
+ 1145.09
11.84 USD
1 year ago
Jan 05, 2023
Bought 12 K USD
Apperson Eric E.
President of Construction
+ 1013.95
11.8 USD
2 years ago
Oct 06, 2022
Bought 11.8 K USD
Apperson Eric E.
President of Construction
+ 1109.2
10.6 USD
2 years ago
Jul 07, 2022
Bought 10.3 K USD
Apperson Eric E.
President of Construction
+ 787.798
13.12 USD
2 years ago
Apr 07, 2022
Bought 10.2 K USD
Apperson Eric E.
President of Construction
+ 710.826
14.32 USD
2 years ago
Oct 05, 2022
Bought 156 K USD
Cherry James C.
Director
+ 7000
22.33 USD
2 years ago
Oct 05, 2022
Bought 44.7 K USD
Allen George F
Director
+ 2000
22.36 USD
2 years ago
Jan 06, 2022
Bought 9.14 K USD
Apperson Eric E.
President of Construction
+ 590
15.5 USD
3 years ago
Oct 07, 2021
Bought 8.51 K USD
Apperson Eric E.
President of Construction
+ 630
13.51 USD
3 years ago
Jul 08, 2021
Bought 8.4 K USD
Apperson Eric E.
President of Construction
+ 640
13.13 USD
2 years ago
Dec 21, 2021
Bought 63.6 K USD
O'Hara Michael P
CFO, Treasurer and Secretary
+ 2400
26.5 USD
2 years ago
Dec 20, 2021
Bought 13 K USD
O'Hara Michael P
CFO, Treasurer and Secretary
+ 500
26.05 USD
2 years ago
Dec 20, 2021
Bought 13 K USD
O'Hara Michael P
CFO, Treasurer and Secretary
+ 500
26.05 USD
3 years ago
Jan 07, 2021
Bought 5.05 K USD
Apperson Eric E.
President of Construction
+ 432
11.7 USD
4 years ago
Oct 08, 2020
Bought 4.99 K USD
Apperson Eric E.
President of Construction
+ 531
9.4 USD
4 years ago
Aug 14, 2020
Bought 104 K USD
O'Hara Michael P
See Remarks
+ 10000
10.41 USD
4 years ago
May 21, 2020
Bought 651 K USD
Snow John W.
Director
+ 81082
8.03 USD
4 years ago
May 20, 2020
Bought 348 K USD
Snow John W.
Director
+ 43918
7.93 USD
4 years ago
May 06, 2020
Bought 94.7 K USD
Haddad Louis S
President, CEO
+ 5000
18.94 USD
4 years ago
Mar 17, 2020
Bought 206 K USD
Hoffler Daniel A
Director
+ 22960
8.96 USD
4 years ago
Mar 17, 2020
Bought 224 K USD
Haddad Louis S
President, CEO
+ 25000
8.96 USD
4 years ago
Mar 16, 2020
Bought 196 K USD
Cherry James C.
Director
+ 19000
10.34 USD
4 years ago
Mar 13, 2020
Bought 11.7 K USD
Cherry James C.
Director
+ 1000
11.69 USD
4 years ago
Mar 10, 2020
Bought 146 K USD
Haddad Louis S
President, CEO
+ 10000
14.59 USD
5 years ago
Jun 18, 2019
Bought 125 K USD
Cherry James C.
Director
+ 5000
25 USD
5 years ago
Jun 18, 2019
Bought 125 K USD
Haddad Louis S
President, CEO
+ 5000
25 USD
5 years ago
Jun 18, 2019
Bought 10 K USD
HARDY EVA S
Director
+ 400
25 USD
5 years ago
Jun 18, 2019
Bought 100 K USD
Hoffler Daniel A
Director
+ 4000
25 USD
5 years ago
Jun 18, 2019
Bought 150 K USD
O'Hara Michael P
See Remarks
+ 6000
25 USD
5 years ago
Jun 18, 2019
Bought 100 K USD
Snow John W.
Director
+ 4000
25 USD
5 years ago
Mar 05, 2019
Bought 230 K USD
Haddad Louis S
President, CEO
+ 15000
15.31 USD
5 years ago
Nov 21, 2018
Bought 222 K USD
Haddad Louis S
President, CEO
+ 15000
14.82 USD
6 years ago
Feb 08, 2018
Bought 198 K USD
Haddad Louis S
President, CEO
+ 15000
13.17 USD
7 years ago
Nov 08, 2017
Bought 224 K USD
Haddad Louis S
President, CEO
+ 15000
14.92 USD
7 years ago
Jun 23, 2017
Bought 134 K USD
Haddad Louis S
President, CEO
+ 10000
13.39 USD
7 years ago
May 04, 2017
Bought 23.8 K USD
Apperson Eric E.
President of Construction
+ 1700
13.99 USD
7 years ago
Feb 13, 2017
Bought 207 K USD
Haddad Louis S
President, CEO
+ 15000
13.81 USD
8 years ago
Nov 04, 2016
Bought 133 K USD
Haddad Louis S
President, CEO
+ 10000
13.3 USD
9 years ago
Aug 31, 2015
Bought 241 K USD
KIRK A RUSSELL
Director
+ 25000
9.6544 USD
9 years ago
Aug 07, 2015
Bought 253 K USD
Haddad Louis S
President, CEO
+ 25000
10.1179 USD
9 years ago
Mar 06, 2015
Bought 261 K USD
Haddad Louis S
President, CEO
+ 25000
10.4328 USD
10 years ago
Sep 15, 2014
Bought 226 K USD
Haddad Louis S
President, CEO
+ 25000
9.05 USD
10 years ago
Sep 15, 2014
Bought 45.2 K USD
Apperson Eric E.
Vice President
+ 5000
9.05 USD
10 years ago
Sep 15, 2014
Bought 272 K USD
KIRK A RUSSELL
Director
+ 30000
9.05 USD
10 years ago
Aug 07, 2014
Bought 242 K USD
Haddad Louis S
President, CEO
+ 25000
9.69 USD
10 years ago
Mar 07, 2014
Bought 49.2 K USD
KIRK A RUSSELL
Director
+ 4850
10.15 USD
10 years ago
Mar 07, 2014
Bought 50.5 K USD
KIRK A RUSSELL
Director
+ 5000
10.1 USD
10 years ago
Mar 07, 2014
Bought 102 K USD
Hoffler Daniel A
Director
+ 10000
10.24 USD
10 years ago
Mar 03, 2014
Bought 248 K USD
Haddad Louis S
President, CEO
+ 25000
9.94 USD
11 years ago
May 22, 2013
Bought 0 USD
Haddad Louis S
President, CEO
+ 4347
0 USD
11 years ago
May 22, 2013
Bought 0 USD
Haddad Louis S
President, CEO
+ 4347
0 USD
11 years ago
Sep 05, 2013
Bought 928 USD
KIRK A RUSSELL
Director
+ 100
9.28 USD
11 years ago
Sep 04, 2013
Bought 108 K USD
KIRK A RUSSELL
Director
+ 11689
9.28 USD
11 years ago
Sep 04, 2013
Bought 260 K USD
Hoffler Daniel A
Director
+ 27500
9.45 USD
11 years ago
Aug 22, 2013
Bought 3.7 K USD
KIRK A RUSSELL
Director
+ 400
9.25 USD
11 years ago
Aug 20, 2013
Bought 462 K USD
Hoffler Daniel A
Director
+ 50000
9.24 USD
11 years ago
Aug 21, 2013
Bought 17.1 K USD
KIRK A RUSSELL
Director
+ 1819
9.38 USD
11 years ago
Aug 20, 2013
Bought 232 K USD
KIRK A RUSSELL
Director
+ 25000
9.26 USD
11 years ago
Aug 20, 2013
Bought 460 K USD
Haddad Louis S
President, CEO
+ 50000
9.2 USD
11 years ago
May 13, 2013
Bought 230 K USD
Snow John W.
Director
+ 20000
11.5 USD
11 years ago
May 13, 2013
Bought 57.5 K USD
KIRK A RUSSELL
Director
+ 5000
11.5 USD
11 years ago
May 13, 2013
Bought 50.6 K USD
Cherry James C.
Director
+ 4400
11.5 USD
11 years ago
May 13, 2013
Bought 18.4 K USD
Carroll James A
Director
+ 1600
11.5 USD
11 years ago
May 13, 2013
Bought 44 K USD
Allen George F
Director
+ 3827
11.5 USD
7. News
Indebtedness Warrants A Hold For Armada Hoffler Armada Hoffler offers a 7% dividend yield, but is troubled by near-term debt maturities and uncertain dividend growth prospects. Despite revenue and FFO growth, AHH's dividends haven't fully recovered post-pandemic, as management prioritized reinvestment over immediate dividend restoration. Overall, the commercial real estate portfolio is historically sound, and the company smartly leverages its expertise to earn additional revenues. seekingalpha.com - 4 days ago
8-10% Dividend Yields: If I Could Only Buy 3 In November 2024 Chasing yields above 10% is risky. 8-10% yields offer a sweet spot when combined with stable cash flows and strong balance sheets. I share three of these stocks that I really like right now. seekingalpha.com - 1 week ago
Armada Hoffler Properties, Inc. (AHH) Q3 2024 Earnings Call Transcript Armada Hoffler Properties, Inc. (NYSE:AHH ) Q3 2024 Earnings Conference Call November 4, 2024 8:30 AM ET Company Participants Chelsea Forrest - Vice President of Investor Relations Louis Haddad - CEO Matthew Barnes-Smith - CFO Shawn Tibbetts - President and COO Conference Call Participants Rob Stevenson - Strand Andrew Berger - Bank of America Peter Abramowitz - Jefferies Operator Good morning, ladies and gentlemen, and welcome to the Armada Hoffler Third Quarter 2024 Earnings Conference Call. At this time, all lines are in a listen-only mode. seekingalpha.com - 1 week ago
Armada Hoffler Properties (AHH) Tops Q3 FFO and Revenue Estimates Armada Hoffler Properties (AHH) came out with quarterly funds from operations (FFO) of $0.35 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to FFO of $0.31 per share a year ago. zacks.com - 1 week ago
These REITs Trade At Discounts, But Should They? There are substantial valuation gaps among REIT sectors, with some justified by fundamentals and others representing mispricing, providing investment opportunities in undervalued sectors. Hotels and office REITs face significant challenges, including erratic earnings, high costs, and post-COVID demand shifts, making them risky investments despite low multiples. Diversified and retail REITs are undervalued; diversified REITs are misunderstood, and retail REITs have growth potential due to long-term lease roll-ups. seekingalpha.com - 2 weeks ago
Is the Options Market Predicting a Spike in Armada Hoffler (AHH) Stock? Investors need to pay close attention to Armada Hoffler (AHH) stock based on the movements in the options market lately. zacks.com - 3 weeks ago
Trick Or Treat: 3 High-Yielding REITs Armada Hoffler Properties is a high-risk, high-reward REIT with a 7.28% dividend yield, focusing on mixed-use ecosystems in Mid-Atlantic markets. Broadstone Net Lease offers stability with a diversified portfolio, strong balance sheet, and a 6.31% dividend yield, trading discounted to peers. CTO Realty Growth, a small-cap REIT, focuses on retail properties in high-growth sunbelt markets, offering a well-covered 7.81% dividend yield. seekingalpha.com - 3 weeks ago
2 REITs To Buy Before The Next Rate Cut The Fed is about to cut interest rates once again. This is very bullish for REITs. I highlight two REITs that remain very opportunistic. seekingalpha.com - 3 weeks ago
Buy The Dip: 2 REITs Getting Way Too Cheap REITs just suffered a small dip. Some individual REITs dropped by over 10%. I highlight two of my favorite 'buy-the-dip' opportunities. seekingalpha.com - 1 month ago
'The Big Short' Michael Burry Buys Real Estate And Chinese Tech Michael Burry is one of the best investors of our time. Just recently, he heavily invested in an office REIT. We review this investment and share our thoughts on it. seekingalpha.com - 1 month ago
Armada Hoffler Announces Date Change for Its Third Quarter 2024 Financial Results and Conference Call VIRGINIA BEACH, Va., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) announced changes to the timing of the previously announced release of its third quarter 2024 financial results and the associated teleconference. globenewswire.com - 1 month ago
Two 8% Dividend Yields Looking Way Too Cheap High-yield stocks have soared recently. However, numerous attractive opportunities still exist. We share two promising high-quality 8%-yielding dividend growth stocks in different sectors that look undervalued. seekingalpha.com - 1 month ago
8. Profile Summary

Armada Hoffler Properties, Inc. AHH

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COUNTRY US
INDUSTRY REIT - Diversified
MARKET CAP $ 1.12 B
Dividend Yield 2.19%
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 164
Officers Mr. Shawn J. Tibbetts President & Chief Operating Officer Ms. Chelsea D. Forrest Director of Corporate Communications, Investor Relations & Marketing Mr. Louis S. Haddad Executive Chairman & Chief Executive Officer Mr. Matthew T. Barnes-Smith Chief Financial Officer, Treasurer & Corporate Secretary Mr. Eric E. Apperson President of Construction Ms. Shelly R. Hampton President of Asset Management Mr. William Christopher Harvey Executive Vice President of Construction & Business Development Mr. John C. Davis Executive Vice President of Construction Mr. Alan R. Hunt Executive Vice President of Construction