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 Q4 2020

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

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.

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

American Assets

Alexander & Baldwin

CTO Realty Growth

We identify several undervalued REITs in the oft-ignored Diversified sector that should provide exposure to the 'reopening' trade.

Hidden Vaccine Value In Diversified REITs

VIRGINIA BEACH, Va., July 01, 2021 (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) will report its earnings for the quarter ended June 30, 2021 at approximately 6:00 a.m. Eastern on Tuesday, August 3, 2021. 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 Properties to Discuss Second Quarter Earnings on August 3rd

With Armada Hoffler's (AHH) office lease with Transamerica for Wills Wharf's 8th floor, the property is 58% leased.

Armada Hoffler (AHH) Inks Lease for 35,000 Sq Ft at Wills Wharf

An awkward timing window is masking the significant underlying growth in AHH earnings.

Armada Hoffler Is Well Positioned To Grow As Developments Complete

VIRGINIA BEACH, Va., May 25, 2021 (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) today announced that Transamerica has agreed to lease the 35,000 square foot 8th floor of the Wills Wharf office building at Harbor Point. With Transamerica, EY, Jellyfish, Bright Horizons, and Canopy by Hilton, Wills Wharf is now 58% leased.

Transamerica Signs Lease for 35,000 Square Feet at Wills Wharf in Baltimore's Harbor Point

AvalonBay Communities

CubeSmart

Interactive Brokers

Iron Mountain

Mid-America Apartment Communities

Realty Income Corp

Prologis

Simon Property Group

STAG Industrial

STORE Capital

W. P. Carey

Many investors mistakenly think rental properties earn higher returns than REITs. Yet, extensive research studies show the opposite. REITs have historically outperformed by 3%-6% per year on average.

Why REITs Earn Higher Returns Than Rental Properties

Armada Hoffler Properties' (AHH) CEO Lou Haddad on Q1 2021 Results - Earnings Call Transcript

Armada Hoffler Properties (AHH) delivered FFO and revenue surprises of 8.33% and 1.68%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

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

Armada Hoffler Properties Reports First Quarter 2021 Results

Company Also Announces Quarterly Cash Dividend on Preferred Stock Company Also Announces Quarterly Cash Dividend on Preferred Stock

Armada Hoffler Properties Announces Second Consecutive Quarterly Increase in the Cash Dividend on Common Shares

VIRGINIA BEACH, Va., April 06, 2021 (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) announced it has issued its 2020 Sustainability Report.

Armada Hoffler Properties Releases Second Annual Sustainability Report

VIRGINIA BEACH, Va., April 05, 2021 (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) will report its earnings for the quarter ended March 31, 2021 at approximately 6:00 a.m. EST on Tuesday, May 4, 2021. At 8:30 a.m. EST on the same day, senior management will host a conference call and webcast to discuss earnings and other information.

Armada Hoffler Properties to Discuss First Quarter Earnings on May 4th

Armada Hoffler Properties has a diversified property base, resulting in better operating metrics than pure-play retail REITs. Looking forward, it plans to transition towards the more attractive multifamily segment, and deleverage its balance sheet.

4.6%-Yielding Armada Hoffler Properties: Short-Term Pain, Long-Term Gain

AGNC Investment

American Homes 4 Rent

American Tower

Apple Hospitality REIT

Alexandria Real Estate Equities

Alpine Global Premier Properties Fund

JPMorgan BetaBuilders MSCI US REIT ETF

Brandywine Realty

Brixmor Property Group

Boston Properties

CBL & Associates Properties

Crown Castle International

Mack-Cali Realty

CyrusOne

Camden Property

CatchMark Timber Trust

Cousins Properties

CoreCivic

Douglas Emmett

D.R. Horton

Digital Realty Trust

Dividends Raised, Rents Paid: REIT Earnings Recap

Hersha Hospitality Trust Class A

Medical Properties Trust

National Retail Properties

Tanger Factory Outlet Centers

SL Green Realty

UMH Properties

Vici Properties

Most REIT investors focus on the rising interest rates, which is generally bad news for REITs. But they ignore the other side of the story, which is that the economy is now recovering from the pandemic.

Great News For REITs

VIRGINIA BEACH, Va., Feb. 22, 2021 (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) today announced that its Board of Directors has reaffirmed the Company's commitment to leadership in corporate governance practices by adopting an amendment to the Company's bylaws to implement a “proxy access” provision.

Armada Hoffler Properties Adopts Proxy Access Bylaw Amendment

Armada Hoffler Properties, Inc. (AHH) CEO Louis Haddad on Q4 2020 Results - Earnings Call Transcript

Armada Hoffler Properties (AHH) delivered FFO and revenue surprises of 4.17% and 1.50%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

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

Net Income of $0.02 per Diluted Share for the Fourth Quarter and $0.38 per Diluted Share for the Full Year

Armada Hoffler Properties Reports Fourth Quarter and Full Year 2020 Results

Armada Hoffler Properties Increases First Quarter 2021 Cash Dividend over 36% on Common Shares

VIRGINIA BEACH, Va., Feb. 05, 2021 (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) announced the income tax treatment of its 2020 dividend distributions to holders of shares of the Company's common stock and preferred stock.

Armada Hoffler Properties Announces Income Tax Treatment of Its 2020 Dividend Distributions

VIRGINIA BEACH, Va., Jan. 07, 2021 (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) will report its earnings for the quarter and year ended December 31, 2020 at approximately 6:00 a.m. EST on Thursday, February 11, 2021. At 8:30 a.m. EST on the same day, senior management will host a conference call and webcast to discuss earnings and other information.

Armada Hoffler Properties to Discuss Fourth Quarter Earnings on February 11th

AHH has seen an improvement in its rent collection and occupancy metrics since the depths of the pandemic. Management is pivoting the portfolio towards multifamily, and is unlocking the development potential of its land.

Armada Hoffler Properties: Safe 4.1% Yield With High Insider Ownership

Preferred Apartment Communities

Before you go calling me a Scrooge, I do believe Christmas miracles can happen. In fact, miracles can and do happen throughout the year.

Bah Humbug: Beware Of These REITs

VIRGINIA BEACH, Va., Dec. 03, 2020 (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) will host a conference call and webcast at 4:30 p.m. EST on Monday, December 7, 2020 to discuss its joint venture to develop and build T. Rowe Price's new 450,000 square foot global headquarters at Harbor Point. The call will include prepared remarks by senior management and a question and answer session. An accompanying presentation will be made available prior to the call through the investors page of Company's website, ArmadaHoffler.com.

Armada Hoffler Properties to Discuss Joint Venture to Develop & Build New Global Headquarters for T. Rowe Price at 4:30 PM EST on December 7th

News for Armada Hoffler Properties Stock (AHH)