Armada Hoffler Properties

AHH

Market cap $565M

VIRGINIA BEACH, Va., Jan. 15, 2026 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) will report its earnings for the quarter ending December 31, 2025, and projected 2026 guidance at approximately 4:00 p.m.

Armada Hoffler Properties (AHH) remains a Buy, trading at a clear discount with a compelling risk-reward profile and a robust 8.14% dividend yield. AHH's Q3 results beat revenue and FFO estimates, with solid AFFO and a P/AFFO ratio of 9.3 based on annualized results. Management is prioritizing deleveraging, asset recycling, and stable rental income over volatile construction fees, with average occupancy rates above 95.7% across their real estate segments.

REITs belong to the real estate category. Yet, they are not a perfect substitute for real estate investments. I explain why and what this means for REIT investors.

Armada Hoffler, Easterly Government Properties, and Global Medical REIT trade at deep NAV discounts and low FFO multiples after dividend cuts. AHH, DEA, and GMRE offer 8.5%–9% yields and 60%–125% potential capital appreciation if multiples revert to REIT averages. Tax-loss selling and AI-driven market rotation have intensified REIT discounts, creating unusually attractive entry points for value-focused investors.

The Fed is expected to cut interest rates in a few days. The rate cuts are a strong catalyst for the REIT sector. I highlight two REITs that have a lot to gain from this.

Armada Hoffler Properties offers an 8% yield on its Series A preferred shares, presenting an attractive risk/reward profile amid high debt levels. Normalized FFO per share declined nearly 20% year-over-year due to a higher share count, but dividend coverage remains solid with full-year FFO guidance of $1.03–1.07 per share. AHH's common shares trade at just 9x AFFO with a well-covered 8%-plus yield, though net debt remains elevated at nearly 8x EBITDA.

REITs have massively underperformed the market, while their earnings have grown. Given the likely base rate cuts that are on the horizon, the setup for a REIT renaissance could not be better. I think that such logic has a fundamental risk or flaw that many REIT bulls are missing.

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.