Armada Hoffler Properties, Inc.

Armada Hoffler Properties, Inc.

AHRT · NYSE · Real Estate / REIT - Diversified

6.38USD+0.04 (+0.63%)

Price History

Full chart

Market Stats

Previous Close6.34
Open6.38
Day Range6.31 – 6.40
52-Week Range5.02 – 7.20
Volume523.47K
Market Cap581.21M
P/E (TTM)0.00
Forward P/E39.53
EPS-0.15
Dividend Yield9.41%
Beta1.09
50-Day Avg6.69
200-Day Avg6.54

About

AH REALTY TRUST INC is a vertically integrated, self-managed real estate investment trust. With over four decades of experience developing, building, acquiring, and managing high-quality retail, office, and multifamily properties located primarily in the Mid-Atlantic and Southeastern United States. The Company also provides general construction and development services to third-party clients, in addition to developing and building properties to be placed in their stabilized portfolio. Founded in 1979 by Daniel A. Hoffler, Armada Hoffler has elected to be taxed as a REIT for U.S. federal income tax purposes. AH REALTY TRUST INC was incorporated in 1979 and is based in Virginia Beach, Virginia.

Company Details

  • SectorReal Estate
  • IndustryREIT - Diversified
  • CEOMr. Shawn J. Tibbetts
  • Employees98
  • Headquarters4605 Columbus Street, Virginia Beach, VA, United States, 23462-3039, USA
  • Websitehttps://ahrealtytrust.com

Leadership

  • Mr. Shawn J. TibbettsCEO, President & Chairman of the Board · b. 1981
  • Mr. Matthew T. Barnes-SmithCFO, Treasurer & Corporate Secretary · b. 1986
  • Mr. Louis S. HaddadExecutive Director · b. 1958
  • Jeremy RiddickExecutive Vice President of Operations
  • Ms. Chelsea D. ForrestExecutive VP of Investor Relations & Administration
  • Y. Summer ChuExecutive VP of Legal & Corporate Secretary
  • Mr. John C. DavisExecutive Vice President of Construction · b. 1960
  • Mr. Craig RamiroExecutive VP of Asset Management

Financials

Income Statement

Currency: USD2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue135.13M130.18M108.48M140.72M168.70M253.18M258.38M302.77M193.32M257.94M384.33M284.74M454.84M667.72M274.50M285.42M
Growth (%)--3.66%-16.67%+29.72%+19.88%+50.08%+2.06%+17.18%-36.15%+33.43%+49.00%-25.91%+59.74%+46.80%-58.89%+3.98%
Cost of Revenue122.64M115.47M93.47M129.12M157.57M240.11M255.36M296.88M191.86M228.34M355.70M296.78M448.15M673.18M268.25M275.49M
Gross Profit12.49M14.71M15.01M11.60M11.13M13.07M3.02M5.89M1.46M29.60M28.62M-12.04M6.69M-5.47M6.26M9.93M
Gross Margin9.24%11.30%13.84%8.24%6.60%5.16%1.17%1.95%0.75%11.47%7.45%-4.23%1.47%-0.82%2.28%3.48%
Operating Expense8.57M8.87M6.88M3.66M387.00K-226.00K-23.07M-27.07M-26.98M-21.72M-29.57M-57.26M-66.40M-72.18M-80.70M-69.78M
Operating Income3.91M5.84M8.13M7.94M10.75M13.29M26.09M32.95M28.44M51.32M58.19M45.22M73.08M66.71M86.95M79.71M
Operating Margin2.90%4.48%7.49%5.64%6.37%5.25%10.10%10.88%14.71%19.89%15.14%15.88%16.07%9.99%31.68%27.93%
EBITDA34.45M33.77M38.38M42.61M41.68M68.37M94.89M85.41M77.46M102.07M112.66M129.15M210.41M160.58M197.66M174.37M
EBITDA Margin25.49%25.94%35.38%30.28%24.71%27.01%36.73%28.21%40.07%39.57%29.31%45.36%46.26%24.05%72.01%61.09%
Net Income3.74M2.33M8.87M7.34M7.69M19.64M28.07M21.05M17.20M24.05M29.15M21.89M74.75M8.29M35.65M5.60M
Net Income Margin2.77%1.79%8.18%5.21%4.56%7.76%10.87%6.95%8.90%9.33%7.59%7.69%16.43%1.24%12.99%1.96%
Interest Expense18.21M18.13M16.56M12.30M10.65M13.33M16.47M17.44M14.09M31.34M31.04M33.91M35.83M53.60M78.54M83.78M
Interest Expense % of Total Revenue13.47%13.93%15.27%8.74%6.31%5.27%6.37%5.76%7.29%12.15%8.08%11.91%7.88%8.03%28.61%29.35%

Balance Sheet

Currency: USD2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-340.13M393.20M435.28M590.91M689.55M982.47M1.04B1.27B1.80B1.92B1.94B2.24B2.56B2.51B2.60B
Total Liabilities-377.53M318.66M329.76M429.00M463.83M633.49M622.84M809.49M1.15B1.16B1.16B1.34B1.76B1.62B1.77B
Total Equity--37.40M-75.42M-46.49M-2.69M49.55M148.14M226.69M273.87M408.58M523.20M555.35M647.45M572.62M670.64M627.78M
Cash-4.33M65.11M21.04M30.11M29.81M25.19M22.92M24.05M43.58M50.43M40.44M51.87M30.17M33.52M52.38M
Total Debt-339.56M280.59M277.75M359.23M377.59M553.27M544.93M719.60M1.11B1.11B1.11B1.26B1.68B1.57B1.80B
Net Debt-335.23M215.47M256.70M329.12M347.78M528.08M522.01M695.54M1.06B1.06B1.07B1.21B1.65B1.54B1.75B

Cash Flow

Currency: USD2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow6.09M23.18M22.33M22.18M31.36M33.09M59.77M58.02M55.68M67.36M90.61M90.63M116.08M92.20M80.42M62.87M
Investing Cash Flow-14.71M-6.00M-4.70M-47.95M-105.31M-56.38M-226.46M-102.43M-240.56M-295.06M-31.23M-58.43M-37.88M-237.27M-26.53M-125.29M
Financing Cash Flow5.57M-12.17M-21.67M35.25M80.94M24.40M161.64M42.13M186.02M247.23M-52.53M-42.19M-66.78M123.36M-41.70M58.18M
Capital Expenditure4.06M3.80M2.31M3.92M6.36M5.16M6.70M12.25M11.72M19.72M10.08M15.50M17.09M24.65M30.18M46.25M
Free Cash Flow2.03M19.38M20.02M18.25M25.00M27.93M53.07M45.77M43.95M47.64M80.53M75.14M99.00M67.55M50.24M16.62M
Dividends Paid23.73M26.41M14.79M7.73M22.10M27.02M33.84M43.62M50.90M61.50M47.60M58.71M72.58M80.40M83.89M75.22M
FCF to OCF33.32%83.60%89.67%82.32%79.71%84.41%88.79%78.88%78.95%70.72%88.88%82.90%85.28%73.27%62.47%26.43%
Dividend Paid to FCF1169.54%136.27%73.88%42.36%88.38%96.76%63.77%95.30%115.79%129.10%59.11%78.14%73.31%119.01%166.98%452.69%

Earnings

Report DateAug 13, 2013Nov 8, 2013Feb 20, 2014May 13, 2014Aug 5, 2014Oct 31, 2014Feb 12, 2015Apr 30, 2015Aug 4, 2015Nov 3, 2015Feb 11, 2016May 3, 2016Aug 2, 2016Nov 1, 2016Feb 9, 2017May 2, 2017Aug 1, 2017Oct 31, 2017Feb 6, 2018May 1, 2018Jul 31, 2018Oct 30, 2018Feb 7, 2019May 2, 2019Aug 1, 2019Oct 31, 2019Feb 6, 2020Apr 30, 2020Aug 4, 2020Nov 5, 2020Feb 11, 2021May 4, 2021Aug 3, 2021Nov 2, 2021Feb 10, 2022May 3, 2022Aug 4, 2022Nov 8, 2022Feb 14, 2023May 9, 2023Aug 3, 2023Nov 2, 2023Feb 22, 2024May 9, 2024Aug 7, 2024Nov 4, 2024Feb 19, 2025May 7, 2025Aug 4, 2025Nov 3, 2025Feb 16, 2026May 4, 2026Aug 3, 2026Nov 2, 2026
EPS Estimate-0.070.070.050.050.070.070.070.090.090.100.090.220.240.070.130.080.080.090.090.090.100.140.120.140.120.140.130.110.110.110.110.050.040.040.080.090.070.110.100.100.100.07-0.080.080.040.020.040.050.03-0.060.130.14
EPS Actual0.020.070.090.080.070.090.080.060.100.110.220.070.060.090.100.160.080.170.080.110.090.090.070.100.080.130.090.110.140.110.020.030.070.060.000.110.310.380.130.030.130.06-0.270.130.00-0.100.26-0.060.05-0.04-0.01-0.330.14-
Surprise-0.00%28.57%60.00%40.00%28.57%14.29%-14.29%11.11%22.22%120.00%-22.22%-72.73%-62.50%42.86%23.08%0.00%112.50%-11.11%22.22%0.00%-10.00%-50.00%-16.67%-42.86%8.33%-35.71%-15.38%27.27%0.00%-81.82%-72.73%40.00%50.00%-92.00%37.50%244.44%442.86%18.18%-70.00%30.00%-40.00%-485.71%--96.00%-225.00%550.00%-400.00%25.00%-180.00%-133.33%-450.00%7.69%-
TimingAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap581.21M
Enterprise Value1.74B
Trailing P/E0.00
Forward P/E39.53
Price / Sales2.01
Price / Book1.24
EPS-0.15
Book Value4.80
Revenue (TTM)288.84M
Gross Profit (TTM)194.24M
EBITDA160.60M
Profit Margin-12.60%
Operating Margin24.06%
Return on Equity-0.31%
Return on Assets2.32%
Shares Outstanding74.59M
Shares Float73.63M
Beta1.09
Dividend Yield9.41%
Dividend Rate0.56
Payout Ratio284.09%

Ownership Breakdown

Institutions
79.50%
Insiders
1.29%
Retail / Other
19.21%

Top Institutional Holders

  • BlackRock Inc
    6.85M9.18%
  • Vanguard Portfolio Management, LLC
    4.03M5.41%
  • Vanguard Capital Management, LLC
    3.49M4.68%
  • Irenic Capital Management LP
    3.49M4.67%
  • MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
    3.01M4.03%
  • Franklin Templeton Inc
    2.18M2.92%
  • Geode Capital Management, LLC
    2.11M2.83%
  • State Street Corp
    2.09M2.81%
  • Amvescap Plc.
    1.88M2.52%
  • Jane Street Group LLC
    1.35M1.80%
  • Two Sigma Investments LLC
    1.33M1.79%
  • Ameriprise Financial Inc
    1.32M1.77%
  • Western Standard LLC
    1.30M1.74%

Top Fund Holders

  • Vanguard Real Estate Index Investor
    2.78M3.73%
  • Vanguard MStar Total Stk Mkt Idx Invest
    2.43M3.26%
  • iShares Russell 2000 ETF
    2.02M2.71%
  • Invesco KBW Premium Yield Eq REIT ETF
    1.87M2.51%
  • Global X SuperDividend™ ETF
    1.78M2.39%
  • Putnam Core Equity Fund Y
    1.72M2.31%
  • Global X SuperDividend ETF USD Cap
    1.46M1.95%

Dividends

20262×
0.14Jun 24, 20260.14Mar 26, 2026
20254×
0.14Dec 31, 20250.14Sep 24, 20250.14Jun 30, 20250.14Mar 26, 2025
20244×
0.20Dec 26, 20240.20Sep 25, 20240.20Jun 26, 20240.20Mar 26, 2024
20234×
0.20Dec 26, 20230.20Sep 26, 20230.20Jun 27, 20230.19Mar 28, 2023
20224×
0.19Dec 27, 20220.19Sep 27, 20220.17Jun 28, 20220.17Mar 29, 2022
20214×
0.17Dec 28, 20210.16Sep 28, 20210.16Jun 29, 20210.15Mar 30, 2021
20202×
0.11Dec 29, 20200.11Sep 29, 2020