Armada Hoffler Properties, Inc. (AHH)

Armada Hoffler Properties, Inc. is a real estate company, which develops, builds, owns, and manages institutional-grade office, retail and multifamily properties in the Mid-Atlantic United States. It operates through the following segments: Office Real Estate, Retail Real Estate, Multifamily Residential Real Estate, and General Contracting and Real Estate Services. The General Contracting and Real Estate Services segment provides various real estate services, such as general contractor services, construction management, asset management, and development services to third-party property owners. The company was founded by Daniel A. Hoffler in 1979 and is headquartered in Virginia Beach, VA.

Address

222 CENTRAL PARK AVENUE
VIRGINIA BEACH, VA 23462

Founded

1979

Number of Employees

164

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)
$213 $290 $216 $289 $408 $293 $468 $539 $774 $13,733 - $1,722
Average Price $9.95 $10.69 $10.81 $13.99 $13.63 $15.20 $17.30 $12.64 $14.85 $10.63 - $11.09
# Shares Purchased 21,376 27,164 20,011 20,691 29,925 19,245 27,060 42,629 52,088 1,292,351 - 155,254
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date 10.6% 2.9% 1.7% -21.4% -19.3% -27.6% -36.4% -13.0% -25.9% 3.5% - -0.8%
S&P 500 Return to Date 181.9% 173.0% 168.6% 129.7% 104.9% 93.1% 74.8% 31.7% 37.3% 31.3% - 102.6%
Excess Total Return -171.3% -170.1% -166.8% -151.1% -124.1% -120.7% -111.3% -44.6% -63.2% -27.8% - -103.5%
Quartile Rank
Percentile Rank 34% 34% 32% 27% 27% 20% 12% 36% 23% 41% - 42%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.