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Armada Hoffler Properties Inc (AHH) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Armada Hoffler Properties Inc (AHH) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Armada Hoffler Properties Inc is a full service real estate company that develops, constructs & owns institutional grade office, retail & multifamily properties in the Mid-Atlantic United States. It also offers general contracting & development services. Armada Hoffler Properties Inc has a market cap of $766.214 million; its shares were traded at around $15.32 with a P/E ratio of 42.55 and P/S ratio of 3.37. The dividend yield of Armada Hoffler Properties Inc stocks is 5.22%.


For the last quarter Armada Hoffler Properties Inc reported a revenue of $43.4 million, compared with the revenue of $60.30 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $193.3 million, a decrease of 36.2% from the previous year. For the last five years Armada Hoffler Properties Inc had an average revenue growth rate of 10.2% a year.

The reported diluted earnings per share was 36 cents for the year, a decline of 28% from the previous year. Over the last five years Armada Hoffler Properties Inc had an EPS growth rate of 2.1% a year. The Armada Hoffler Properties Inc had a decent operating margin of 15.38%, compared with the operating margin of 10.73% a year before. The 10-year historical median operating margin of Armada Hoffler Properties Inc is 13.66%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, Armada Hoffler Properties Inc has the cash and cash equivalents of $21.3 million, compared with $20.0 million in the previous year. The long term debt was $694.2 million, compared with $517.3 million in the previous year. The interest coverage to the debt is 1.6, which is not a favorable level. Armada Hoffler Properties Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $15.32, Armada Hoffler Properties Inc is traded at 76.5% premium to its historical median P/S valuation band of $8.68. The P/S ratio of the stock is 3.37, while the historical median P/S ratio is 1.91. The stock gained 23.24% during the past 12 months.

For the complete 20-year historical financial data of AHH, click here.

This article first appeared on GuruFocus.