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.

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Did coronavirus kill the office? Despite reporting near-perfect rent collection throughout the pandemic, office REITs continue to be under pressure as the “Work From Home” paradigm threatens the long-term outlook.

Office REITs: Work-From-Home Reckoning

VIRGINIA BEACH, Va., Sept.  01, 2020  (GLOBE NEWSWIRE) -- Armada Hoffler’s One City Center will be WeWork’s singular location in the Durham market. WeWork announced the closure of their Durham I.D. location this week.

Armada Hoffler’s One City Center Named WeWork’s Flagship Location in Durham, North Carolina

Armada Hoffler Properties' (AHH) rent-collection update reflects gains from portfolio diversification and quality, as well as realizing the value of the construction and development platforms.

Armada Hoffler Properties (AHH) Collects 93% of August Rents

August Rent Collections to Date at 93% August Rent Collections to Date at 93%

Armada Hoffler Properties Provides August Rent Collection Update

VIRGINIA BEACH, Va., Aug.  13, 2020  (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) (the “Company”) announced today that it has priced an underwritten public offering of 3,600,000 shares of its 6.75% Series A Cumulative Redeemable Perpetual Preferred Stock (the “Series A Preferred Stock”) at a public offering price of $24.75 per share (inclusive of accrued dividends), for net proceeds of approximately $86.3 million, after the underwriting discount but before estimated offering expenses payable by the Company. The offering is expected to close on August 20, 2020, subject to customary closing conditions.

Armada Hoffler Announces Pricing of Public Offering of 6.75% Series A Preferred Stock

VIRGINIA BEACH, Va., Aug.  13, 2020  (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) (the “Company”) announced today that it has commenced an underwritten public offering of its 6.75% Series A Cumulative Redeemable Perpetual Preferred Stock (the “Series A Preferred Stock”). The Company expects to grant the underwriters a 30-day option to purchase additional shares of Series A Preferred Stock.

Armada Hoffler Announces Commencement of Public Offering of  6.75% Series A Preferred Stock

Armada Hoffler Properties, Inc. (AHH) CEO Michael O'Hara on Q2 2020 Results - Earnings Call Transcript

Shares of Armada Hoffler Properties (NYSE:AHH) fell 0.3% in pre-market trading after the company reported Q2 results.

Armada Hoffler Properties: Q2 Earnings Insights

Armada Hoffler Properties (AHH) delivered FFO and revenue surprises of 7.41% and -2.80%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Armada Hoffler Properties (AHH) Surpasses Q2 FFO Estimates

Armada Hoffler Properties Reports Second Quarter 2020 Results

Board of Directors Declares $0.11 Dividend Per Common Share Board of Directors Declares $0.11 Dividend Per Common Share

Armada Hoffler Properties Reinstates Cash Dividend on Common Shares

VIRGINIA BEACH, Va., July  28, 2020  (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) today provided a leasing update on its student housing properties. As of July 27, the Company’s student housing portfolio is 95% pre-leased for the 2020-2021 academic year.

Armada Hoffler Properties’ Student Housing Portfolio 95% Pre-Leased

JULY RENT COLLECTIONS OUTPACE PRIOR THREE MONTHS JULY RENT COLLECTIONS OUTPACE PRIOR THREE MONTHS

Armada Hoffler Properties Provides Monthly Rent Collection Update

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VIRGINIA BEACH, Va., July  07, 2020  (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) announced today that following discussion with WeWork, both parties agreed to terminate the lease of the top two office floors of Wills Wharf in Harbor Point, prior to Armada Hoffler funding of any tenant improvements.

Armada Hoffler Properties and WeWork Mutually Agree to Terminate Wills Wharf Office Lease in Baltimore

The Pricing Dip Represents A Buying Opportunity For Armada Hoffler

June Rent Collections Outpace May & April June Rent Collections Outpace May & April

Armada Hoffler Properties Provides Update on Monthly Rent Collections

VIRGINIA BEACH, Va., June  01, 2020  (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) announced today that it has completed the sale of a portfolio of retail assets to an institutional buyer for $90 million. The transaction included seven shopping centers totaling over 630,000 square feet, or 15% of the Company’s retail portfolio.

Armada Hoffler Properties Completes $90 Million Retail Portfolio Sale

May Rent Collections Ahead of April's Pace May Rent Collections Ahead of April's Pace

Armada Hoffler Properties - Provides Update on Monthly Rent Collections

Armada Hoffler Properties, Inc. (AHH) CEO Michael O'Hara on Q1 2020 Results - Earnings Call Transcript

Armada Hoffler Properties (AHH) delivered FFO and revenue surprises of 18.52% and 0.99%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Armada Hoffler Properties (AHH) Q1 FFO and Revenues Beat Estimates

VIRGINIA BEACH, Va., April  30, 2020  (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) announced that its Board of Directors declared a cash dividend of $0.421875 per share on its 6.75% Series A Cumulative Redeemable Perpetual Preferred Stock payable on July 15, 2020, to stockholders of record on July 1, 2020.

Armada Hoffler Properties Announces Second Quarter Cash Dividend for Its 6.75% Series A Preferred Stock

Armada Hoffler Properties Reports First Quarter 2020 Results

VIRGINIA BEACH, Va., April  22, 2020  (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) today provided an update on rent collections for the month of April.

News for Armada Hoffler Properties Stock (AHH)