Armada Hoffler Properties

Armada Hoffler Properties, Inc. is a real estate company, which develops, builds, owns, and manages institutional-grade office, retail and multifamily properties in the Mid-Atlantic United States. It operates through the following segments: Office Real Estate, Retail Real Estate, Multifamily Residential Real Estate, and General Contracting and Real Estate Services. The General Contracting and Real Estate Services segment provides various real estate services, such as general contractor services, construction management, asset management, and development services to third-party property owners. The company was founded by Daniel A. Hoffler in 1979 and is headquartered in Virginia Beach, VA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Armada Hoffler Properties achieves record earnings and outlines growth plans

Armada Hoffler Properties reported strong Q4 2022 earnings with record earnings and an investment grade credit rating. The company outlined plans for growth, acquisitions, and balance sheet improvements in 2023.
Despite challenges in interest income and rental expenses, the company remains focused on maintaining high occupancy levels and enhancing financial stability. Opportunities lie in strategic acquisitions, mezzanine program reduction, and leveraging various equity sources for investments.
Overall, Armada Hoffler Properties is well-positioned to capitalize on growth opportunities, navigate challenges, and maintain financial stability through strategic initiatives and a focus on portfolio performance.

Armada Hoffler Properties reports steady Q1 performance and strategic focus

Armada Hoffler Properties delivered solid Q1 2023 results, maintaining occupancy and focusing on high-quality acquisitions.
Despite challenges from the Interlock acquisition and construction costs, the company's debt metrics and liquidity position remain strong.
Opportunities lie in rent increases, multifamily portfolio growth, and strategic asset development within mixed-use settings.

Armada Hoffler Properties (AHH) meets Q2 earnings, focuses on growth

Armada Hoffler Properties (AHH) delivered solid financial performance in Q2 2023, meeting earnings expectations and showcasing growth. The company's strategic initiatives aim to enhance shareholder value and drive growth over the next 18-24 months.
While challenges such as office and retail occupancy persist, opportunities lie in ongoing developments and asset optimization. Navigating market conditions and tenant behavior will be crucial for sustained success.

Armada Hoffler Properties reports strong Q3 performance and tech-driven strategies

Armada Hoffler Properties (AHH) delivered a strong performance in Q3 2023, driven by positive FFO growth, robust leasing activity, and progress on development projects. The company's strengths lie in its diversified business model, focus on high-quality assets, and innovative approach to pricing decisions. While facing challenges with troubled tenants, Armada Hoffler Properties is actively exploring opportunities through technology-driven strategies and market-responsive pricing.

Armada Hoffler Properties achieves record earnings, eyes Southeast expansion

Armada Hoffler Properties reported strong financial performance in 2023, with a focus on operational excellence and growth.
The company's strategic expansion into Southeast markets and high occupancy rates in the office portfolio showcase resilience.
Challenges lie in leadership succession planning, market uncertainties, and maintaining growth momentum.
Opportunities for growth and value creation exist through disciplined execution, leveraging financial strengths, and meeting guidance targets.

Armada Hoffler Properties (AHH) reports strong Q1 results and strategic growth plans

Armada Hoffler Properties (AHH) showcased strong performance in Q1 with a focus on quality assets and efficient capital deployment. While facing challenges in market-specific trends and debt management, the company is poised for growth through strategic dispositions and redevelopment projects. Opportunities in active markets and optimized debt strategies position Armada Hoffler Properties (AHH) for future success.

Armada Hoffler Properties reports steady Q3 performance and leadership transition

Armada Hoffler Properties (AHH) posts solid Q3 results with normalized FFO of $0.35 per diluted share. Leadership transition plan on track as Shawn Tibbetts prepares to become CEO. Analysts inquire about property additions, office market prospects, and balance sheet strategies, signaling areas for potential focus and improvement.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

AHH has significant amounts of pent up growth as it waits for developments to come online. Thus what appears to be currently medium paced growth is about to accelerate.

Armada Hoffler: Embedded Growth At Far Too Cheap Of A Price

Armada Hoffler is paying out a 5.6% yield on its common shares that's well covered by FFO. This has been on an upward path since it was cut by 50% in the pandemic.

Armada Hoffler: A Diversified Investment Grade Yield

Armada Hoffler posted an excellent fourth quarter and a very encouraging 2023 guidance. The NOI will continue to increase in 2024 and beyond, which bodes well for the FFO, despite the worsening interest rate climate.

Armada Hoffler: The 7.4% Yielding Preferred Shares Still Offer An Excellent Risk/Reward Ratio

Agree Realty

Modiv

iStar Inc

iStar

Urstadt Biddle Properties

Preferred stocks offer safer and higher dividend income. Today, quite a few of them are undervalued.

5 High Yielding Preferred Share Opportunities

VIRGINIA BEACH, Va., Feb. 15, 2023 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) announced the income tax treatment of its 2022 dividend distributions to holders of shares of the Company's common stock and preferred stock.

Armada Hoffler Announces Income Tax Treatment of Its 2022 Dividend Distributions

Armada Hoffler Properties recently reported strong results to close out 2022. It's seeing high occupancy, even in its office portfolio, and has strong tenant demand.

Armada Hoffler: Strong Results Should Lead To Higher Price

Armada Hoffler Properties, Inc. (NYSE:AHH ) Q4 2022 Earnings Conference Call February 14, 2023 8:30 AM ET Company Participants Chelsea Forrest - Director, Corporate Communications & IR Lou Haddad - CEO Matthew Barnes-Smith - CFO Shawn Tibbetts - COO Conference Call Participants Dave Rogers - Baird Peter Abramowitz - Jefferies Rob Stevenson - Janney Camille Bonnel - Bank of America Chris Sakai - Singular Research Operator Good morning, ladies and gentlemen, and welcome to the Armada Hoffler Fourth Quarter 2022 Earnings Conference Call. At this time, all lines are in listen only mode.

Armada Hoffler Properties, Inc. (AHH) Q4 2022 - Earnings Call Transcript

Armada Hoffler Properties (AHH) delivered FFO and revenue surprises of 9.38% and 2.45%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Armada Hoffler Properties (AHH) Q4 FFO and Revenues Surpass Estimates

Net Income of $0.13 per Diluted Share for the Fourth Quarter  and $0.94 per Diluted Share for the Full Year

Armada Hoffler Reports Fourth Quarter and Full Year 2022 Results

American Assets

Brookfield Asset Management

JPMorgan BetaBuilders MSCI US REIT ETF

Brandywine Realty

Boston Properties

City Office REIT

Cousins Properties

Douglas Emmett

Direxion Daily Real Estate Bull 3x Shares

Direxion Daily Real Estate Bear 3x Shares

Elme Communities

Equity Commonwealth

Fidelity MSCI Real Estate ETF

First Trust S&P REIT Index Fund

Franklin Street Properties Corp.

Highwoods Properties

Hudson Pacific Properties

iShares Cohen & Steers REIT ETF

iShares U.S. Real Estate ETF

Nuveen Real Estate Income Fund

Invesco KBW Premium Yield Equity REIT ETF

Kilroy Realty

Neuberger Berman Real Estate Securities Income Fund Inc

Orion Office REIT

Office REITs have been far-and-away the worst-performing property sector since the start of the pandemic, as depressed utilization rates and recession concerns have curbed office space demand. Work-From-Home-Forever? Occupiers due for renewal have been somewhat-reluctant to cut office space, with leasing volumes still at 75% of pre-pandemic levels, but fundamentals softened more definitively in late 2022.

Office REITs: Pain Is Priced In

Company awarded BBB rating with a stable trend from DBRS Morningstar Company awarded BBB rating with a stable trend from DBRS Morningstar

Armada Hoffler Earns Investment Grade Credit Rating

AGNC Investment

Broadmark Realty Capital Inc.

Blackstone Group

EPR Properties

Equity Residential

Global Medical REIT

Innovative Industrial Properties

Industrial Logistics Properties

Medical Properties Trust

Annaly Capital

NexPoint Residential Trust

Sabra Health Care

SL Green Realty

Vornado Realty Trust

Vanguard Real Estate ETF

Many high-profile billionaires are loading up on REITs at the moment. I present 5 reasons why REITs are attractive to billionaires and average investors alike.

Billionaires Are Buying REITs (And You Should Too)

VIRGINIA BEACH, Va., Jan. 09, 2023 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) will report its earnings for the quarter ending December 31, 2022 at approximately 6:00 a.m. Eastern on Tuesday, February 14, 2023. At 8:30 a.m. Eastern on the same day, senior management will host a conference call and webcast to discuss earnings and other information.

Armada Hoffler to Discuss Fourth Quarter Earnings on February 14th

Armada Hoffler offers an interesting exposure to retail, residential and office real estate. I like the dual landlord/development & construction focus.

Armada Hoffler: Grab An 8% Yield On The Preferred Shares

VIRGINIA BEACH, Va., Dec. 07, 2022 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) today announced that it has initiated a new $100 million unsecured term loan with the option to increase the total capacity to $200 million. Proceeds from the term loan have been used to unencumber the company's newly stabilized Wills Wharf asset, as well as three Town Center of Virginia Beach retail assets. The new term loan matures concurrently with the existing line in January 2027 at a fixed interest rate of 4.79%.

Armada Hoffler Announces Closing of $100 Million Fixed-Rate Unsecured Term Loan

AvalonBay Communities

Camden Property

EastGroup Properties

Extra Space Storage

Terreno Realty

REITs are dropping more day after day due to rising interest rates. Investors fear that the profitability and asset values will collapse.

It's Over: The REIT Market Is Collapsing (Debunked)

Broadstone Net Lease

CTO Realty Growth

LTC Properties

National Health Investors

Omega Healthcare Investors

OUTFRONT Media

Simon Property Group

Spirit Realty Capital

Uniti Group

Income-seeking investors are looking at an opportunity to scoop up shares of real estate investment trusts. Stocks in that asset class have become more attractive as prices have fallen and cash flow is improving.

20 dividend stocks with high yields that have become more attractive right now

Armada Hoffler Properties, Inc. (NYSE:AHH ) Q3 2022 Earnings Conference Call November 8, 2022 8:30 AM ET Company Participants Chelsea Forrest - Director, Corporate Communications & IR Lou Haddad - CEO Matthew Barnes-Smith - CFO Shawn Tibbetts - COO Conference Call Participants Dave Rogers - Baird Rob Stevenson - Janney Operator Good morning and welcome to Armada Hoffler Properties, Inc. Third Quarter 2022 Conference Call. All participants will be in a listen-only mode.

Armada Hoffler Properties, Inc. (AHH) Q3 2022 - Earnings Call Transcript

Armada Hoffler Properties (AHH) delivered FFO and revenue surprises of 0% and 1.22%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Armada Hoffler Properties (AHH) Matches Q3 FFO Estimates

Armada Hoffler Properties Reports Third Quarter 2022 Results

Global financial services leader increases total office commitment to 242,000 square feet at Thames Street Wharf Global financial services leader increases total office commitment to 242,000 square feet at Thames Street Wharf

Armada Hoffler Finalizes Lease Extension and Expansion With Morgan Stanley at Thames Street Wharf in Harbor Point

Armada Hoffler is a geographically localized, diversified REIT, not usually my cup of tea. Yet their growth of per share earnings (“FFO”) since their REIT conversion is among the best for all REITs.

Armada Hoffler Properties: Beyond The Stereotypes

Mixed-use project's office portfolio is over 99% leased as Company continues to see demand and positive releasing activity Mixed-use project's office portfolio is over 99% leased as Company continues to see demand and positive releasing activity

Armada Hoffler Secures Significant Office Lease for Town Center

Federal Realty Investment Trust

Prologis

US Diversified Real Estate ETF

Invesco Active US Real Estate

ProShares Short Real Estate

Cohen And Steers Total Return Realty Fund

Cohen & Steers Reit And Preferred Income Fund Inc

Cohen & Steers Quality Income Realty Fund

SPDR Dow Jones REIT ETF

Schwab U.S. REIT ETF

Seven Hills Realty Trust

ProShares UltraShort Real Estate

Pacer Funds Trust-Pacer Benchmark Data & Infrastructure Real Estate Sector ETF

ProShares Ultra Real Estate

iShares Core U.S. REIT ETF

Virtus Real Asset Income ETF

Welltower

Real Estate Select Sector SPDR Fund

REITs are trading at the lowest valuation in years. Yet, few seem to be buying them due to fears of rising rates.

Important Warning To REIT Investors

News for Armada Hoffler Properties Stock (AHH)