AHH Stock Recent News

REITs just suffered a small dip. Some individual REITs dropped by over 10%. I highlight two of my favorite 'buy-the-dip' opportunities.

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.

VIRGINIA BEACH, Va., Sept. 27, 2024 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) will report its earnings for the quarter ending September 30, 2024 at approximately 4:00 p.m.

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

VIRGINIA BEACH, Va., Sept. 25, 2024 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) today announced that it has commenced an underwritten public offering of 7,000,000 shares of its common stock. The Company also has granted the underwriters a 30-day option to purchase up to an additional 1,050,000 shares of its common stock.

VIRGINIA BEACH, Va., Sept. 10, 2024 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) announced that its Board of Directors declared the cash dividend of $0.205 per common share. The third quarter dividend will be paid in cash on October 3, 2024, to stockholders of record on September 25, 2024.

Armada Hoffler Properties has continued to register solid results across the board. While the normalized FFO per share slightly increased, the key performance indicators across the portfolio exhibited much stronger dynamics. Because of elevated leasing activity, the AFFO has dropped, we have to keep in mind that this will bounce back in Q3, 2024, as there are no meaningful lease expirations left.

Underfollowed stocks can offer opportunities for profit due to market misconceptions or lack of investor awareness. AHH is a diversified REIT with a 7.1% dividend yield, strong occupancy rates, and strategic development projects. Conservative investors may consider AHH's Preferred Series A stock for a stable 7.5% yield and potential immediate gains if called away.

While the top- and bottom-line numbers for Armada Hoffler Properties (AHH) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Armada Hoffler Properties (AHH) came out with quarterly funds from operations (FFO) of $0.34 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to FFO of $0.32 per share a year ago.