Armada Hoffler Pptys Inc Stock Price, News & Analysis

Armada Hoffler (NYSE: AHH) announced that the Board unanimously appointed Shawn J. Tibbetts as Chairman of the Board, effective January 1, 2026. Tibbetts will continue as President and Chief Executive Officer, completing the succession plan begun in 2024.

Lou Haddad will step down as Chairman on January 1, 2026 and remain on the Board to preserve institutional knowledge. Board leadership says the combined Chair/CEO role will provide unified direction and operational efficiency while independent directors will continue governance oversight.

Armada Hoffler (NYSE: AHH) will report third-quarter 2025 earnings for the period ended September 30, 2025 on Monday, November 3, 2025 at approximately 4:00 p.m. ET. Senior management will host a conference call and webcast on Tuesday, November 4, 2025 at 8:30 a.m. ET to discuss results and related information.

Dial-in details: toll-free (+1) 800-549-8228 or (+1) 646-564-2877; conference ID 93777. The call will stream on the company investors page at ArmadaHoffler.com. A telephonic replay will be available through Thursday, December 4, 2025, and a webcast replay will be available for 30 days starting about two hours after the call ends.

Armada Hoffler (NYSE: AHH) has declared its regular quarterly cash dividend of $0.14 per common share for the third quarter of 2025. The dividend will be paid on October 2, 2025, to stockholders of record as of September 24, 2025.

Additionally, the company announced a dividend of $0.421875 per share on its 6.75% Series A Cumulative Redeemable Perpetual Preferred Stock, payable on October 15, 2025, to stockholders of record on October 1, 2025.

Armada Hoffler Properties (NYSE:AHH) reported its Q2 2025 financial results, with GAAP Net Income of $0.04 per diluted share and Normalized FFO of $0.25 per diluted share. The company maintained its 2025 full-year Normalized FFO guidance range of $1.00 to $1.10 per diluted share.

Key operational highlights include 94.9% weighted average stabilized portfolio occupancy, with retail at 94.2%, office at 96.3%, and multifamily at 94.0%. The company achieved positive leasing spreads across commercial segments, with retail renewals at 10.8% (GAAP) and office renewals at 11.7% (GAAP). Same Store NOI increased 1.4% on a GAAP basis.

Notable transactions include the acquisition of remaining interest in Harbor Point Parcel 4 and a $115 million senior unsecured notes issuance with varying maturities and interest rates, used to repay construction loans and credit facility debt.

Armada Hoffler (NYSE: AHH) has successfully closed its inaugural private placement of $115 million in senior unsecured notes. The notes were structured in three tranches with maturities ranging from 3 to 7 years, featuring a blended interest rate of 5.86% and a weighted average maturity of 5.3 years.

The company plans to use the proceeds for general corporate purposes and debt refinancing. This strategic move follows Morningstar DBRS's reaffirmation of AHH's BBB credit rating with a stable outlook in January 2025, highlighting the company's improved leverage profile and diversified real estate portfolio.

Armada Hoffler (NYSE: AHH) has scheduled its second quarter 2025 earnings release and conference call. The company will release its financial results for the quarter ending June 30, 2025, on Monday, August 4, 2025 at approximately 4:00 p.m. Eastern.

A conference call and webcast with senior management will follow on Tuesday, August 5, 2025 at 8:30 a.m. Eastern. Investors can access the call via toll-free number (+1) 800-549-8228 or toll number (+1) 646-564-2877 using conference ID 67471. The webcast will be available through the company's investor relations website. A telephonic replay will be accessible until September 4, 2025, and a webcast replay will be available for 30 days.

Armada Hoffler (NYSE: AHH) has announced its latest quarterly dividend distributions. The company will pay a regular quarterly cash dividend of $0.14 per common share on July 8, 2025, to stockholders of record as of June 30, 2025. Additionally, holders of the company's 6.75% Series A Cumulative Redeemable Perpetual Preferred Stock will receive a cash dividend of $0.421875 per share, payable on July 15, 2025, to stockholders of record on July 1, 2025.

Armada Hoffler (NYSE: AHH) announced the retirement of A. Russell Kirk from its Board of Directors. Kirk has been with the company since 1983, serving in various leadership roles during a 30-year executive career before joining the Board in 2013 during the company's IPO. As a former Vice Chairman and board member, Kirk was instrumental in guiding the company's public market transition and long-term strategy. Before Armada Hoffler, Kirk was a partner at Kaufman & Canoles, specializing in real estate finance. His experience includes chairing the Virginia Port Authority and serving on boards of Resource Bank and Dominion Land. Kirk holds degrees from the University of Virginia and Washington and Lee University.

Armada Hoffler (NYSE: AHH) announced that Eva Hardy, Lead Independent Director, will retire from the Board of Directors due to the company's mandatory retirement age policy implemented in 2024. Hardy has served on the Board since 2015 and as lead independent director since 2022. Her extensive career includes 20 years as Executive VP at Dominion Energy and 17 years in local and state government, including roles as Virginia's Commissioner of Labor and Secretary of Health and Human Resources. She currently serves as Commissioner of the Virginia Port Authority and has held numerous civic positions. CEO Shawn Tibbetts acknowledged Hardy's decade of valuable service, guidance, and strategic insight to the company.