Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Armada Hoffler Properties ( (AHH) ) has provided an update.
Armada Hoffler Properties reported its fourth-quarter 2024 financial results, highlighting a significant turnaround from a net loss in the previous year to a net income of $26.1 million. The company also recorded a notable increase in funds from operations and stabilized portfolio occupancy rates. Key operational achievements include executing new and renewed leases, achieving positive releasing spreads, and completing significant real estate transactions that strengthened its financial position. As part of its leadership transition, Shawn J. Tibbetts assumed the role of CEO on January 1, 2025, succeeding Louis S. Haddad. The company has introduced a full-year 2025 Normalized FFO guidance range, indicating a strategic focus on sustainable growth and financial strength.
More about Armada Hoffler Properties
Armada Hoffler Properties, Inc. is a real estate investment trust (REIT) based in Virginia Beach, VA. The company primarily focuses on developing, constructing, and managing office, retail, and multifamily properties.
YTD Price Performance: -7.04%
Average Trading Volume: 761,761
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $949.7M
Learn more about AHH stock on TipRanks’ Stock Analysis page.
