Earnings results for Armada Hoffler Properties (NYSE:AHH)
Armada Hoffler Properties, Inc. is expected* to report earnings on 02/11/2021 before market open. The report will be for the fiscal Quarter ending Dec 2020. According to Zacks Investment Research, based on 5 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.24. The reported EPS for the same quarter last year was $0.3.
Armada Hoffler Properties last released its earnings data on November 10th, 2020. The real estate investment trust reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.03. The firm earned $39.64 million during the quarter, compared to the consensus estimate of $39.24 million. Armada Hoffler Properties has generated $1.17 earnings per share over the last year and currently has a price-to-earnings ratio of 26.9. Armada Hoffler Properties has confirmed that its next quarterly earnings report will be published on Thursday, February 11th, 2021.
Analyst Opinion on Armada Hoffler Properties (NYSE:AHH)
4 Wall Street analysts have issued ratings and price targets for Armada Hoffler Properties in the last 12 months. Their average twelve-month price target is $10.17, predicting that the stock has a possible downside of 15.91%. The high price target for AHH is $11.00 and the low price target for AHH is $9.00. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of “Hold.”
Armada Hoffler Properties has received a consensus rating of Hold. The company’s average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings. According to analysts’ consensus price target of $10.17, Armada Hoffler Properties has a forecasted downside of 15.9% from its current price of $12.09. Armada Hoffler Properties has only been the subject of 1 research reports in the past 90 days.
Dividend Strength: Armada Hoffler Properties (NYSE:AHH)
Armada Hoffler Properties pays a meaningful dividend of 3.65%, higher than the bottom 25% of all stocks that pay dividends. Armada Hoffler Properties has only been increasing its dividend for 1 years. The dividend payout ratio of Armada Hoffler Properties is 37.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Armada Hoffler Properties will have a dividend payout ratio of 44.90% next year. This indicates that Armada Hoffler Properties will be able to sustain or increase its dividend.
Insiders buying/selling: Armada Hoffler Properties (NYSE:AHH)
In the past three months, Armada Hoffler Properties insiders have not sold or bought any company stock. Only 13.30% of the stock of Armada Hoffler Properties is held by insiders. 61.72% of the stock of Armada Hoffler Properties is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Earnings and Valuation of Armada Hoffler Properties (NYSE:AHH
Earnings for Armada Hoffler Properties are expected to decrease by -10.09% in the coming year, from $1.09 to $0.98 per share. The P/E ratio of Armada Hoffler Properties is 26.87, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.86. The P/E ratio of Armada Hoffler Properties is 26.87, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 22.95. Armada Hoffler Properties has a P/B Ratio of 1.13. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
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