AHH Stock Recent News

US equity markets posted modest declines this past week after the Federal Reserve held rates steady and maintained its status quo "wait-and-see" approach, but acknowledged heightened inflation and labor market risks. Meanwhile, White House officials headed to Switzerland to begin high-level trade talks with China, which follows the announcement of the first major post-Liberation Day trade deal with the United Kingdom. Following its best two-week stretch since late 2022, the S&P 500 slipped 0.4% this week - extending its drawdown to around 8% from its mid-February record highs.

Armada Hoffler Properties, Inc. (NYSE:AHH ) Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ET Company Participants Chelsea Forrest - Vice President of Investor Relations Shawn Tibbetts - President and CEO Matthew Barnes-Smith - CFO Conference Call Participants Andrew Berger - Bank of America Viktor Fediv - Scotiabank Rob Stevenson - Janney Operator Good morning, ladies and gentlemen, and welcome to the Armada Hoffler First Quarter '25 Earnings Conference Call and Webcast. At this time, all lines are in listen-only mode.

Armada Hoffler Properties (AHH) came out with quarterly funds from operations (FFO) of $0.25 per share, missing the Zacks Consensus Estimate of $0.26 per share. This compares to FFO of $0.33 per share a year ago.

GAAP Net Loss of $(0.07) Per Diluted Share for the First Quarter Normalized FFO of $0.25 Per Diluted Share for the First Quarter Office Same Store NOI Growth of 9.2% (GAAP) Positive Office Releasing Spreads of 23.3% (GAAP) and 3.7% (Cash) Positive Retail Renewal Spreads of 11.0% (GAAP) and 7.4% (Cash) Approximately 313K Net Rentable Square Feet of New and Renewed Commercial Lease Space Maintained 2025 Full-Year Normalized FFO Guidance Range of $1.00 to $1.10 per Diluted Share VIRGINIA BEACH, Va., May 07, 2025 (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) today announced its results for the quarter ended March 31, 2025 and provided an update on current events and earnings guidance.

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.

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.

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.

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.

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.

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