New insider activity at Armada Hoffler Properties ( (AHH) ) has taken place on March 20, 2025.
Director Russell Kirk has made a significant investment in Armada Hoffler Properties by purchasing 40,000 shares of the company’s stock. This transaction is valued at $305,300, highlighting Kirk’s confidence in the company’s future prospects.
Recent Updates on AHH stock
In recent developments, Armada Hoffler Properties announced the appointment of Jennifer R. Boykin to its Board, reflecting a strategic focus on leadership enhancement. The company reported strong Q4 earnings with a normalized FFO of $0.27 per share and a year-end FFO of $1.02 per share, driven by robust leasing activities and asset dispositions. However, challenges such as construction delays, increased interest expenses, and retail sector closures have led to a revised 2025 FFO guidance of $1 to $1.10 per share. Scotiabank analyst Nicholas Yulico lowered the price target for Armada Hoffler due to recent NYC Office sale comparables and changes in commercial mortgage-backed securities issuance, impacting the broader U.S. Real Estate & REITs sector.
More about Armada Hoffler Properties
YTD Price Performance: -24.01%
Average Trading Volume: 912,122
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $776.1M
Questions or Comments about the article? Write to editor@tipranks.com