AHH
Armada Hoffler Properties, Inc.7.04
+0.06+0.86%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
729.80MP/E (TTM)
32.00Basic EPS (TTM)
0.22Dividend Yield
0.09%Recent Filings
8-K
8-K
Tibbetts named Chairman effective 2026
Armada Hoffler Properties announced on October 16, 2025, that Shawn J. Tibbetts, its CEO and President, will assume the Chairman role effective January 1, 2026, following Louis S. Haddad's resignation from that position while he remains a board director. This unifies leadership, signaling board confidence in Tibbetts' vision for disciplined growth and shareholder value. The shift completes 2024 succession plans. Haddad's continued involvement preserves key institutional knowledge.
10-Q
Q2 FY2025 results
Armada Hoffler Properties swung to a $3.1M net income for common stockholders in Q2 2025 ended June 30, up from a breakeven in Q2 2024, while YTD net loss narrowed to $2.6M from $11.5M profit, driven by a $6.9M gain on consolidating the Allied | Harbor Point mixed-use project (closed June 2025 for $34.2M cash/parcel consideration, recognizing $33.8M land and $219.9M building value). Total revenues fell 45% y/y to $101.3M on lower construction activity, yet rental revenues rose 3.0% y/y to $65.1M with office and multifamily segments up 6.7% and 11.5%, while operating income climbed 7.6% y/y to $20.0M. Cash stood at $52.1M with $114.5M revolver availability; total debt hit $1.45B (54.5% unsecured), yielding $11.2M operating cash flow YTD but negative $27.8M free cash flow (derived). They nailed the consolidation. Tenant defaults pose a steady risk amid economic shifts.
8-K
Q2 earnings with steady occupancy
Armada Hoffler Properties reported Q2 2025 net income of $0.04 per diluted share, with Normalized FFO at $0.25 per share, down from last year amid lower construction profits and higher interest costs, yet buoyed by a $6.9 million gain from consolidating its Harbor Point Parcel 4 project. Same-store NOI grew 1.4%, portfolio occupancy held at 94.9%, and positive leasing spreads—11.7% GAAP for office, 10.8% for retail—drove 161,000 square feet of new and renewed space. In July, the company issued $115 million in senior notes to repay a $65 million construction loan and $48 million on its revolver, maintaining full-year Normalized FFO guidance of $1.00 to $1.10 per share. Debt remains 94% fixed or hedged.
8-K
AHH closes $115M notes placement
Armada Hoffler Properties closed a $115 million private placement of senior unsecured notes on July 22, 2025, split into $25 million at 5.57% due 2028, $45 million at 5.78% due 2030, and $45 million at 6.09% due 2032, yielding a blended 5.86% rate and 5.3-year weighted maturity. Proceeds will repay existing debt and fund general corporate purposes, bolstering balance sheet flexibility amid a stable BBB rating from Morningstar DBRS. This diversifies funding while extending maturities. Yet, prepayments carry make-whole premiums.
IPO
Employees
Sector
Industry
AAT
American Assets Trust, Inc.
19.19-0.14
ADAM
Adamas Trust, Inc.
7.30-0.07
AHR
American Healthcare REIT, Inc.
47.62+0.42
AKR
Acadia Realty Trust
19.78-0.40
AMH
American Homes 4 Rent
31.40-0.01
ARR
ARMOUR Residential REIT, Inc.
16.87-0.16
BHM
Bluerock Homes Trust, Inc.
8.98+0.09
HHH
Howard Hughes Holdings Inc.
83.53-1.25
MDRR
Medalist Diversified REIT, Inc.
13.00-0.10
UMH
UMH Properties, Inc.
16.14+0.18