Armada Hoffler Properties, Inc. which can be found using ticker (AHH) have now 6 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 18 and 12 suggesting an average Analsyt target price of $14.42. Now with the previous closing price of $11.73 this would imply there is now a potential upside of 22.9%. The 50 day MA is $12.29 and the 200 moving average now moves to $12.28. The company has a market cap of $1,038m. You can visit the company’s website by visiting: https://www.armadahoffler.com
The potential market cap would be $1,276m based on the market consensus.
Armada Hoffler Properties, Inc. (NYSE: AHH) is a vertically-integrated, self-managed real estate investment trust (“REIT”) with four decades of experience developing, building, acquiring, and managing high-quality, institutional-grade office, retail, and multifamily properties located primarily in the Mid-Atlantic and Southeastern United States. In addition to developing and building properties for its own account, the Company also provides development and general contracting construction services to third-party clients. Founded in 1979 by Daniel A. Hoffler, the Company has elected to be taxed as a REIT for U.S. federal income tax purposes.
The company has a dividend yield of 6.47% with the ex dividend date set at 28-3-2023 (DMY).
Other points of data to note are a P/E ratio of 12.5, revenue per share of 6.72 and a 1.93% return on assets.
