Armada Hoffler Properties

AHH

Market cap $526M

Most stocks are expensive today. But some niche sectors and international stocks remain discounted. I highlight 3 heavily discounted stocks that I am buying this Black Friday.

VIRGINIA BEACH, Va., Nov. 21, 2025 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) announced that its Board of Directors declared the company's regular quarterly cash dividend of $0.14 per common share. The fourth quarter dividend will be paid in cash on January 8, 2026, to stockholders of record on December 31, 2025.

Armada Hoffler Properties, Inc. remains a high-conviction, long-term buy due to its A-tier, well-located mixed-use real estate portfolio. AHH demonstrates strong fundamentals: rising occupancy, robust leasing spreads, and management's focus on deleveraging and quality improvements despite short-term refinancing headwinds. Industry-wide supply constraints and a flight to quality position AHH to benefit from rising rents and occupancy, especially in office and retail segments.

Most asset classes are not offering any discounts this Black Friday. REITs are the exceptions, with many offering up to 50% discounts. But possibly not for much longer. Here is why this could be your last chance to secure these bargains.

Armada Hoffler Properties trades at a cheap 6.17x the midpoint of its normalized funds from operations guidance range for 2025. Despite improved NFFO and strong portfolio occupancy, AHH has continued to dip as investors bitten by the cut and complexity to gauge dividend safety stay away. The 6.75% Series A Cumulative Preferreds offer a safer 8% current yield. They're currently trading at a discount of around 16%.

Armada Hoffler Properties, Inc. ( AHH ) Q3 2025 Earnings Call November 4, 2025 8:30 AM EST Company Participants Chelsea Forrest - Vice President of Corporate Communications & Investor Relations Shawn Tibbetts - CEO, President & Director Matthew Barnes - CFO, Treasurer & Corporate Secretary Conference Call Participants Viktor Fediv - Scotiabank Global Banking and Markets, Research Division Robert Stevenson - Janney Montgomery Scott LLC, Research Division Jonathan Petersen - Jefferies LLC, Research Division Presentation Operator Good morning, ladies and gentlemen, and welcome to the Armada Hoffler AHH Third Quarter 2025 Earnings Conference Call. [Operator Instructions] This call is being recorded on November 4, 2025.

Armada Hoffler Properties (AHH) came out with quarterly funds from operations (FFO) of $0.29 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to FFO of $0.35 per share a year ago.

GAAP Net Loss of  $0.04 Per Diluted Share for the Third Quarter Normalized FFO of $0.29 Per Diluted Share for the Third Quarter Positive Commercial Releasing Spreads of 6.0% (GAAP) and 6.6% (Cash) Approximately 270K Net Rentable Square Feet of New and Renewed Commercial Lease Space Maintained 2025 Full-Year Normalized FFO Guidance Range of $1.03 to $1.07 per Diluted Share VIRGINIA BEACH, Va., Nov. 03, 2025 (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) today announced its results for the quarter ended September 30, 2025 and provided an update on current events and earnings guidance.

New lease immediately backfills space and brings Town Center office occupancy to 99% New lease immediately backfills space and brings Town Center office occupancy to 99%

Office REITs are cheap and often pitched as great investment opportunities. I strongly disagree and expect more pain ahead. Bulls are ignoring two important risks that could cost them dearly.