AHH Stock Recent News

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 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

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Armada Hoffler offers an attractive-looking yield and an impressive 3-year track record for dividend growth. AHH reported disappointing Q3 results recently and has significant debt challenges.

Armada Hoffler Properties owns a diversified portfolio consisting of office, retail, and multifamily properties. The company maintains portfolio-wide occupancy levels of 97%. Upper-tier occupancy rates are also being reported in their office holdings.

Armada Hoffler's guidance range is $1.23 to $1.27 per diluted share of normalized FFO for the year. AHH's quarterly growth rate has stabilized in the mid-single digits, and the other income stream, construction is also stabilizing.

Armada Hoffler Properties (AHH) came out with quarterly funds from operations (FFO) of $0.30 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.28 per share a year ago.

Berkshire Hathaway's (BRK.B) Q1 results are likely to benefit from rate increases, net improvement from new property business, soaring fuel surcharge revenues and earnings from other energy businesses, offset by higher expenses.

Here is how Armada Hoffler Properties (AHH) and Main Street Capital (MAIN) have performed compared to their sector so far this year.

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 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.