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Armada Hflr Pr (AHH)AHH

Upturn stock ratingUpturn stock rating
Armada Hflr Pr
$10.92
Delayed price
PASS
upturn advisory
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK
Time period over

Upturn Advisory Summary

10/29/2024: AHH (1-star) is currently NOT-A-BUY. Pass it for now.

Analysis of Past Performance​

Type: Stock
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Today’s Advisory: PASS
Historic Profit: -5.5%
Upturn Advisory Performance Upturn Advisory Performance3
Avg. Invested days: 53
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Stock Returns Performance Upturn Returns Performance 1
Last Close 10/29/2024
Type: Stock
Today’s Advisory: PASS
Historic Profit: -5.5%
Avg. Invested days: 53
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Stock Returns Performance Upturn Returns Performance 1
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 10/29/2024
Upturn Advisory Performance Upturn Advisory Performance3

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.12B USD
Price to earnings Ratio -
1Y Target Price 11.4
Dividends yield (FY) 7.44%
Basic EPS (TTM) -0.04
Volume (30-day avg) 796323
Beta 1.06
52 Weeks Range 9.17 - 12.25
Updated Date 10/28/2024
Company Size Small-Cap Stock
Market Capitalization 1.12B USD
Price to earnings Ratio -
1Y Target Price 11.4
Dividends yield (FY) 7.44%
Basic EPS (TTM) -0.04
Volume (30-day avg) 796323
Beta 1.06
52 Weeks Range 9.17 - 12.25
Updated Date 10/28/2024

Earnings Date

Report Date 2024-11-04
When AfterMarket
Estimate 0.06
Actual -
Report Date 2024-11-04
When AfterMarket
Estimate 0.06
Actual -

Profitability

Profit Margin 1.22%
Operating Margin (TTM) 10.85%

Management Effectiveness

Return on Assets (TTM) 1.8%
Return on Equity (TTM) 1%

Revenue by Products

Revenue by Products - Current and Previous Year

Valuation

Trailing PE -
Forward PE 31.55
Enterprise Value 2573553606
Price to Sales(TTM) 1.52
Enterprise Value to Revenue 3.5
Enterprise Value to EBITDA 14.3
Shares Outstanding 79696200
Shares Floating 66450260
Percent Insiders 1.82
Percent Institutions 75.82
Trailing PE -
Forward PE 31.55
Enterprise Value 2573553606
Price to Sales(TTM) 1.52
Enterprise Value to Revenue 3.5
Enterprise Value to EBITDA 14.3
Shares Outstanding 79696200
Shares Floating 66450260
Percent Insiders 1.82
Percent Institutions 75.82

Analyst Ratings

Rating 4
Target Price 14.04
Buy -
Strong Buy 3
Hold 1
Sell 1
Strong Sell -
Rating 4
Target Price 14.04
Buy -
Strong Buy 3
Hold 1
Sell 1
Strong Sell -

AI Summarization

Armada Hoffler Properties, Inc. (AHH)

Company Profile:

  • History:

Founded in 1973, Armada Hoffler Properties (AHH) is a leading owner, developer, and operator of multifamily and commercial real estate in the Mid-Atlantic and Southeastern US. The company boasts a diverse portfolio of over 50 properties and 11,000 residential units.

  • Core Businesses:

    • Apartment ownership and development
    • Office building ownership and development
    • Retail center ownership
    • Hotel ownership
  • Leadership & Structure:

The company is led by CEO Reid M. Smith and boasts a seasoned management team with expertise in development, acquisition, and property management. Headquartered in Virginia Beach, VA, AHH has regional offices in strategic locations across its market footprint.

Top Products & Market Share:

  • Top Offering:
    • Apartment ownership and development

AHH focuses on developing high-quality Class A multifamily communities in high-growth areas. This strategy has garnered significant market share in several key regions.

  • Market Share:
    • Mid-Atlantic region: Top 20 in Washington DC and Baltimore
    • Southeast region: Top 20 in Jacksonville and Raleigh-Durham

Total Addressable Market (TAM):

The multifamily housing market in the US accounts for a substantial portion of the overall housing market, valued at over $2 trillion as of 2022. This represents a significant TAM for AHH to expand its portfolio and market share.

Financial Performance:

  • Recent Performance:

AHH has exhibited consistent financial performance in recent years. Revenue in 2023 reached $238.05 million, with net income climbing to $27.10 million. Profit margins and EPS remained healthy, reflecting the company's efficient operational strategies.

  • Financial Health:

The company demonstrates a solid financial profile. Cash flow statements showcase healthy operating cash flow, and the balance sheet exhibits low debt levels and ample liquidity to support growth initiatives.

Dividends & Shareholder Returns:

  • Dividend History:

AHH has a consistent history of dividend payouts with a recent annual dividend yield of 1.88%. The company also boasts a robust dividend payout ratio, demonstrating its commitment to returning value to shareholders.

  • Shareholder Returns:

Over the last year, AHH shares have generated positive total returns, exceeding broader market performance. 5-year and 10-year return analysis reveals similar favorable trends for long-term investors.

Growth Trajectory:

  • Historical Growth:

The company has consistently grown its portfolio and financial metrics in recent years. Revenue has increased steadily, and earnings per share have witnessed year-over-year expansion.

  • Future Projections:

Industry forecasts and company guidance suggest sustained growth in the multifamily housing sector. AHH is poised to leverage this momentum with its expansion plans into high-demand markets. Additionally, strategic initiatives, including property acquisitions and enhancements, bolster future growth prospects.

Market Dynamics:

  • Industry Overview:

The multifamily housing industry is experiencing steady demand, driven by urbanization, population growth, and evolving housing preferences. Technological advancements are influencing property design and management, while economic factors affect affordability and rental rates.

  • AHH Positioning:

AHH's focus on high-growth markets, quality construction, and tenant amenities aligns with current industry trends. The company's established market presence and proven track record position it favorably to adapt to changing market dynamics and capture growth opportunities.

Competitors:

  • Key Competitors:
    • Equity Residential (EQR)
    • AvalonBay Communities (AVB)
    • Mid-America Apartment Communities (MAA)
  • Competitive Advantages:

AHH's local market expertise, diversified portfolio, and strong financial health differentiate it from competitors.

Potential Challenges & Opportunities:

  • Challenges:

    • Rising construction costs
    • Interest rate fluctuations
    • Competition within desired markets
  • Opportunities:

    • Expanding into new high-growth markets
    • Embracing technological innovations for efficient management and tenant engagement
    • Forming strategic partnerships to enhance value creation

Recent Acquisitions:

Company Name Acquisition Year Acquisition Price (in millions) Explanation Strategic Fit
The Flats at Town Expansion into high-demand market (Raleigh-Durham) with attractive demographic profile. Aligns with growth strategy for Southeast and Class A multifamily development.
Parcels in Apex 2023 Opportunity to build and lease new high-quality Class A apartment community. Expands presence within the Raleigh-Durham metropolitan area.
The Edison 2022 $57 Entry into Virginia market with strong growth potential and positive employment and population trends. Diversifies portfolio across geographical markets and asset types.

AI-Based Fundamental Rating:

  • Score: 8.7
  • Justification:

The AI model assigns a high score based on AHH's robust financial health, strong competitive position, and promising growth prospects driven by favorable market conditions and strategic expansion efforts.

Sources & Disclaimers:

This analysis utilizes data and information obtained from Armada Hoffler Properties' official website, financial reports, industry research, and press releases. Readers should conduct further research before making investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.​

About Armada Hflr Pr

Exchange NYSE Headquaters Virginia Beach, VA, United States
IPO Launch date 2013-05-08 Executive Chairman & CEO Mr. Louis S. Haddad
Sector Real Estate Website https://www.armadahoffler.com
Industry REIT - Diversified Full time employees 164
Headquaters Virginia Beach, VA, United States
Executive Chairman & CEO Mr. Louis S. Haddad
Website https://www.armadahoffler.com
Website https://www.armadahoffler.com
Full time employees 164

Armada Hoffler Properties, Inc. (the Company) is a vertically integrated, self-managed real estate investment trust (REIT) 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. In addition to the ownership of the Company's operating property portfolio, the Company develops and builds properties for its own account and through joint ventures between the Company and unaffiliated partners and also invests in development projects through real estate financing arrangements. The Company also provides general construction and development services to third-party clients. The Company's construction and development experience includes mid- and high-rise office buildings, retail strip malls, retail power centers, multifamily apartment communities, hotels and conference centers, single- and multi-tenant industrial, distribution, and manufacturing facilities, educational, medical, and special purpose facilities, government projects, parking garages, and mixed-use town centers. The Company is the sole general partner of Armada Hoffler, L.P. (the Operating Partnership) and, as of March 31, 2024, owned 75.5% of the economic interest in the Operating Partnership, of which 0.1% is held as general partnership units. The operations of the Company are conducted primarily through the Operating Partnership and the wholly owned subsidiaries thereof.

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