Armada Hoffler Properties Azioni (NYSE: AHH)

Ultime notizie per Armada Hoffler Properties (NYSE:AHH) Azioni

Armada Hoffler Properties

Armada Hoffler Properties Inc is a real estate company. It engages in developing, building, owning and managing the high-quality, institutional-grade office, retail, and multifamily properties in various markets throughout the Mid-Atlantic and Southeastern United States. They lease our properties under operating leases and recognize base rents. It also recognize revenue from tenant recoveries, through which tenants reimburses the company for expenses paid by them such as utilities, janitorial, repairs and maintenance. The company's operating segment includes office real estate, retail real estate, multifamily residential real estate, and general contracting and real estate services. It generates maximum revenue from the general contracting and real estate services segment.

Armada Hoffler Properties, Inc. Common Stock

Armada Hoffler Properties Inc

ASAHI HOLDINGS INC ORD by Asahi Holdings, Inc.

Are Holdings Inc

Armada Hoffler Properties, Inc. 6.75% Series A Cumulative Redeemable Perpetual Preferred Stock

Stifel analyst Simon Yarmak maintains Armada Hoffler Properties (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AHH#NYSE">AHH</a>) with a Buy and lowers the price target from $12.75 to $12.5.

News

Price Target

Analyst Ratings

Stifel Maintains Buy on Armada Hoffler Properties, Lowers Price Target to $12.5

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi">RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">Armada Hoffler Properties Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AHH#NYSE">AHH</a>)</h3>
<ul>
<li>On Sept. 26, Armada Hoffler Properties announced the pricing of an underwritten offering of 9 million shares of its stock for the total proceeds of approximately $94.5 million. The company's stock fell around 12% over the past five days and has a <a href="https://www.benzinga.com/quote/AHH">52-week low of $9.81</a>.</li>
<li>RSI Value: 29.97</li>
<li>AHH Price Action: Shares of Armada Hoffler Properties fell 8.9% to close at $10.80 on Thursday.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092724&amp;t=be2bearmibe3na1">latest AHH news</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092724&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="907" height="847" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27041219/image-218.png" alt="" class="wp-image-569278" style="width:686px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27041219/image-218.png 907w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27041219/image-218-300x280.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27041219/image-218-768x717.png 768w" sizes="(max-width: 907px) 100vw, 907px" /></a></figure>
<h3 class="wp-block-heading">La Rosa Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRHC#NASDAQ">LRHC</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</h3>
<ul>
<li>On Thursday, La Rosa Holdings announced that it has entered into an amendment with its noteholder to restructure debt under three outstanding notes issued to the holder in February, April, and July 2024. As part of the amendment, the Company agreed to repay the holder $200,000 of the debt under the notes, and all principal and interest payments under the notes have been deferred until Feb. 1, 2025. The company's stock fell around 36% over the past month. It <a href="https://www.benzinga.com/quote/LRHC">has a 52-week low</a> of $0.52.</li>
<li>RSI Value: 29.83</li>
<li>LRHC Price Action: Shares of La Rosa gained 1% to close at $0.68 on Thursday.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092724&amp;t=be2bearmibe3na1">trend in LRHC stock</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092724&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="912" height="827" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27041345/image-219.png" alt="" class="wp-image-569280" style="width:718px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27041345/image-219.png 912w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27041345/image-219-300x272.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27041345/image-219-768x696.png 768w" sizes="(max-width: 912px) 100vw, 912px" /></a></figure>
<h3 class="wp-block-heading">Creative Media &amp; Community Trust Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCT#NASDAQ">CMCT</a>)</h3>
<ul>
<li>On Aug. 8, Creative Media posted better-than-expected quarterly results. &#8220;Our core FFO improved from the first quarter of 2024 due to improved net operating income across all of our real estate segments &#8211; multifamily, office and hotel,&#8221; said David Thompson, Chief Executive Officer of Creative Media &amp; Community Trust Corporation. &#8220;Our goal is to strengthen our balance sheet and improve our cash flow. In order to achieve this goal, we continue to actively evaluate asset sales and other ways to reduce both our recourse debt and overall debt.&#8221; The company's shares fell around 63% over the past month and has a 52-week <a href="https://www.benzinga.com/quote/CMCT">low of $0.68.</a></li>
<li>RSI Value: 14.80</li>
<li>CMCT Price Action: Shares of Creative Media &amp; Community Trust gained 3.9% to close at $0.72 on Thursday.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092724&amp;t=be2bearmibe3na1">breakout in CMCT shares</a>.</li>
</ul>
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<li><a href="https://www.benzinga.com/markets/24/09/41055695/wall-streets-most-accurate-analysts-spotlight-on-3-real-estate-stocks-delivering-high-dividend-yield">Wall Street&#8217;s Most Accurate Analysts Spotlight On 3 Real Estate Stocks Delivering High-Dividend Yields</a></li>
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Dividends

Pre-Market Outlook

Markets

Trading Ideas

CMCT

LRHC

Top 3 Real Estate Stocks That Are Preparing To Pump This Month

Armada Hoffler Properties Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AHH#NYSE">AHH</a>) shares are trading lower by 8.39% to $10.87 during Thursday&#8217;s session after the company announced the pricing of an underwritten offering of 9 million shares of its stock for the total proceeds of approximately <a href="https://www.benzinga.com/pressreleases/24/09/g41038540/armada-hoffler-announces-upsizing-and-pricing-of-public-offering-of-common-stock">$94.5 million</a>.
The offering is set to close on September 27, pending standard closing conditions. Additionally, the company has granted underwriters a 30-day option to buy up to 1.35 million more shares. 
Armada Hoffler plans to use the proceeds to repay loans on several properties and reduce its revolving credit facility, with any remaining funds allocated to general corporate purposes and working capital.
Read Also: <a href="https://www.benzinga.com/news/earnings/24/09/41046485/whats-going-on-with-nvidia-braodcom-intel-and-other-chip-stocks-on-thursday">What&#8217;s Going On With Nvidia, Broadcom, Intel And Other Chip Stocks On Thursday?</a>
<h2 class="wp-block-heading">Is AHH A Good Stock To Buy?</h2>
An investor can make a few decisions when deciding whether a stock is a good buy. In addition to valuation metrics and price action which you can find on Benzinga's quote pages &#8211; like <a href="https://www.benzinga.com/quote/AHH">Armada Hoffler Properties</a>&#8216;s page for example &#8211; there are factors like whether or not a company pays a dividend or buys a large portion of its stock each quarter.
These are known as capital allocation programs. Armada Hoffler Properties does pay a dividend, which yields 6.94% per year as of the closing price on Sep. 26, 2024. Feel free to search Benzinga's <a href="https://www.benzinga.com/calendars/dividends">dividend calendar</a> for the next company that is due to pay a dividend and determine what kind of yield you can earn for holding a share of the company.
For example, if you're looking to earn an annualized return of 14.32%, you'll need to buy a share of ARMOUR Residential REIT by the Oct. 15, 2024. Once done, you can expect to receive a nominal payout of $0.24 on Oct. 30, 2024.
Buyback programs are obviously different and highly variable. A company can approve a buyback program and purchase shares as it sees fit over the course of time in which the buyback was authorized. Looking through the latest news on <a href="https://www.benzinga.com/quote/AHH">Armada Hoffler Properties</a> will often yield whether or not the company has approved a buyback program recently. Buyback programs usually serve as a support for share prices, serving as a backstop for demand.
According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, AHH has a 52-week high of $13.11 and a 52-week low of $9.81.

Why Armada Hoffler Properties Shares Are Falling

U.S. stock futures were higher this morning, with the Dow futures gaining around 200 points on Thursday.
Shares of Concentrix Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNXC#NASDAQ">CNXC</a>) fell sharply in today's pre-market trading following mixed <a href="https://www.benzinga.com/news/earnings/24/09/41035576/concentrix-stock-falls-after-mixed-q3-results-ix-hello-genai-launch-annoucement">third-quarter financial results.</a>
Concentrix reported quarterly earnings of $2.87 per share, which missed the analyst consensus estimate of $2.93 per share. Quarterly revenue came in at $2.387 billion, which beat the analyst consensus estimate of $2.382 billion.
Concentrix shares dipped 13.8% to $54.79 in pre-market trading.
Here are some big stocks recording losses in today's pre-market trading session.
<ul>
<li>One Liberty Properties, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OLP#NYSE">OLP</a>) shares dipped 26.3% to $20.02 in pre-market trading.</li>
<li>Pagaya Technologies Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PGY#NASDAQ">PGY</a>) shares fell 15% to $10.59 in pre-market trading after the company announced its intention to offer $125 million of exchangeable senior notes due 2029 in a private offering.</li>
<li>Critical Metals Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRML#NASDAQ">CRML</a>) shares declined 8.3% to $6.00 in pre-market trading after dipping over 8% on Wednesday.</li>
<li>CarMax, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMX#NYSE">KMX</a>) shares declined 7.3% to $69.02 in pre-market trading following downbeat quarterly earnings.</li>
<li>Armada Hoffler Properties, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AHH#NYSE">AHH</a>) declined 7.3% to $11.00 in pre-market trading. Armada Hoffler announced upsizing and pricing of public offering of common stock.</li>
<li>Sonos, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SONO#NASDAQ">SONO</a>) shares fell 6% to $11.86 in pre-market trading.</li>
</ul>
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</ul>

Movers

CNXC

CRML

SONO

Concentrix Reports Weak Earnings, Joins CarMax And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

WIIM

Armada Hoffler Properties shares are trading lower after the company announced the pricing of an underwritten offering of 9 million shares of its stock for the total proceeds of approximately $94.5 million.

Shares of Telesis Bio, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TBIO#NASDAQ">TBIO</a>) rose sharply in today's pre-market trading session after the company announced a partnership with Beckman Coulter Life Sciences to revolutionize DNA and mRNA synthesis.
Telesis Bio reached a new partnership with laboratory automation and innovation company Beckman Coulter Life Sciences to create efficient and scalable biofoundries and deliver<a href="https://www.benzinga.com/general/biotech/24/09/41035436/telesis-bio-stock-is-soaring-wednesday-whats-going-on"> solutions for DNA synthesis</a>.
Telesis Bio shares jumped 109.9% to $4.87 in the pre-market trading.
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Kintara Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KTRA#NASDAQ">KTRA</a>) rose 41.8% to $0.2375 in pre-market trading. Kintara Therapeutics recently announced adjournment of special meeting of stockholders until Oct. 4.</li>
<li>Fangdd Network Group Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DUO#NASDAQ">DUO</a>) shares rose 22.3% to $0.6234 in pre-market trading after declining 7% on Friday.</li>
<li>NuCana plc  (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCNA#NASDAQ">NCNA</a>) gained 20.7% to $3.68 in pre-market trading after the company announced a U.S. patent grant covering its NUC-7738 composition-of-matter.</li>
<li>Micron Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) gained 15.5% to $110.61 in pre-market as the company reported better-than-expected fourth-quarter financial results. The company reported fourth-quarter revenue of $7.75 billion, beating the consensus estimate of $7.635 billion. The company reported fourth-quarter adjusted earnings of $1.18 per share, beating analyst estimates of $1.13 per share, according to Benzinga Pro.</li>
<li>Gaotu Techedu Inc.  (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOTU#NYSE">GOTU</a>) shares rose 14.8% to $3.34 in pre-market trading after falling around 5% on Wednesday.</li>
<li>Sonnet BioTherapeutics Holdings, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SONN#NASDAQ">SONN</a>) rose 14.2% to $0.83 in pre-market trading. Sonnet BioTherapeutics shares dipped 20% on Wednesday after the company announced a 1-for-8 reverse stock split.</li>
<li>MicroCloud Hologram Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOLO#NASDAQ">HOLO</a>) shares gained 13.6% to $0.2737 in pre-market trading after rising around 5% on Wednesday.</li>
<li>Kanzhun Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BZ#NASDAQ">BZ</a>) shares surged 13.5% to $16.20 in pre-market trading after falling 6% on Wednesday.</li>
<li>American Lithium Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMLI#NASDAQ">AMLI</a>) gained 8.7% to $0.5297 in pre-market trading after gaining over 11% on Wednesday.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>VS MEDIA Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSME#NASDAQ">VSME</a>) fell 23.6% to $1.16 in pre-market trading after jumping 22% on Wednesday.</li>
<li>MDxHealth SA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDXH#NASDAQ">MDXH</a>) shares dipped 20.9% to $2.01 in pre-market trading after the company reported the pricing of offering of ordinary shares.</li>
<li>Pagaya Technologies Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PGY#NASDAQ">PGY</a>) shares fell 15% to $10.59 in pre-market trading after the company announced its intention to offer $125 million of exchangeable senior notes due 2029 in a private offering.</li>
<li>AtlasClear Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATCH#NASDAQ">ATCH</a>) fell 14.5% to $0.2547 in pre-market trading. AtlasClear Holdings named Mark S. Smith as a Board Member.</li>
<li>Concentrix Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNXC#NASDAQ">CNXC</a>) shares declined 13.8% to $54.79 in pre-market trading following mixed third-quarter financial results.</li>
<li>NLS Pharmaceutics AG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NLSP#NASDAQ">NLSP</a>) shares fell 13.8% to $0.11 in pre-market trading. NLS Pharmaceutics, on Wednesday, announced expected implementation of 1-for-40 reverse share split.</li>
<li>Seelos Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEEL#NASDAQ">SEEL</a>) fell 13.4% to $0.2928 in today's pre-market trading after gaining 13% on Wednesday. The company announced a 1-for-16 reverse stock split.</li>
<li>ConnectM Technology Solutions, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNTM#NASDAQ">CNTM</a>) shares declined 12.3% to $1.00 in pre-market trading after declining 10% on Wednesday.</li>
<li>Armada Hoffler Properties, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AHH#NYSE">AHH</a>) declined 7.3% to $11.00 in pre-market trading. Armada Hoffler announced upsizing and pricing of public offering of common stock.</li>
<li>Sonos, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SONO#NASDAQ">SONO</a>) shares fell 6% to $11.86 in pre-market trading.</li>
</ul>
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</ul>

AMLI

ATCH

CNTM

GSX Techedu Inc. American Depositary Shares

GOTU

MicroCloud Hologram Inc. - Ordinary Shares

HOLO

Kintara Therapeutics, Inc. - Common Stock

KTRA

MDXH

NCNA

NLSP

SEEL

SONN

TBIO

VSME

Why Telesis Bio Shares Are Trading Higher By Around 110%; Here Are 20 Stocks Moving Premarket

Offerings

Reported Earlier, Armada Hoffler Announced Pricing Of An Underwritten Public Offering Of 9,000,000 Shares Of Its Common Stock For Total Gross Proceeds Of Approximately $94.5M

Armada Hoffler Commenced Public Offering Of 7M Shares

Guidance

Armada Hoffler Maintains 2024 Normalized FFO Per Share Guidance Range Of $1.21 - $1.27, Est $1.25

Armada Hoffler Properties (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AHH#NYSE">AHH</a>) reported quarterly earnings of $0.34 per share which beat the analyst consensus estimate of $0.31 by 9.68 percent. The company reported quarterly sales of $63.265 million which beat the analyst consensus estimate of $61.921 million by 2.17 percent. This is a 5.53 percent increase over sales of $59.951 million the same period last year.

Earnings

Earnings Beats

Armada Hoffler Properties Q2 2024 FFO $0.34 Beats $0.31 Estimate, Sales $63.265M Beat $61.921M Estimate

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-ratings/">analyst ratings page</a>.
<ul>
<li>Morgan Stanley analyst Martijn Rats downgraded the rating for BP p.l.c. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BP#NYSE">BP</a>) from Overweight to Equal-Weight, while lowering the price target from $49.9 to $41.5. BP shares gained 0.4% to close at $35.19 on Friday. <a href="https://www.benzinga.com/quote/BP/analyst-ratings">See how other analysts view this stock.</a></li>
<li>RBC Capital analyst Ashish Sabadra downgraded Cintas Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTAS#NASDAQ">CTAS</a>) from Outperform to Sector Perform and announced a price target of $725. Cintas shares rose 0.8% to close at $721.76 on Friday. <a href="https://www.benzinga.com/quote/CTAS/analyst-ratings">See how other analysts view this stock.</a></li>
<li>TD Cowen analyst Andrew Kligerman downgraded the rating for The Travelers Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRV#NYSE">TRV</a>) from Buy to Hold, while cutting the price target from $252 to $230. Travelers shares gained 1.3% to close at $211.60 on Friday. <a href="https://www.benzinga.com/quote/TRV/analyst-ratings">See how other analysts view this stock.</a></li>
<li>JP Morgan analyst Stephen Tusa downgraded Altair Engineering Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALTR#NASDAQ">ALTR</a>) from Overweight to Neutral and announced a price target of $95. Altair Engineering shares rose 1% to settle at $100.25 on Friday. <a href="https://www.benzinga.com/quote/ALTR/analyst-ratings">See how other analysts view this stock. See how other analysts view this stock.</a></li>
<li>Jefferies analyst Peter Abramowitz downgraded the rating for Armada Hoffler Properties, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AHH#NYSE">AHH</a>) from Buy to Hold and slashed the price target from $13 to $11. Armada Hoffler Properties shares gained 3.2% to close at $11.72 on Friday. <a href="https://www.benzinga.com/quote/AHH/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
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Downgrades

ALTR

CTAS

This BP Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Monday

Stifel analyst Simon Yarmak reinstates Armada Hoffler Properties (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AHH#NYSE">AHH</a>) with a Buy and announces $12.75 price target.

Initiation

Stifel Reinstates Buy on Armada Hoffler Properties, Announces $12.75 Price Target

Jefferies analyst Peter Abramowitz downgrades Armada Hoffler Properties (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AHH#NYSE">AHH</a>) from Buy to Hold and lowers the price target from $13 to $11.

Jefferies Downgrades Armada Hoffler Properties to Hold, Lowers Price Target to $11

Although U.S. stocks closed mostly lower on Thursday, there were a few notable insider trades.
When insiders purchase shares, it indicates their confidence in the company&#8217;s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.
Below is a look at a few recent notable insider purchases. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/">Benzinga&#8217;s insider transactions</a> platform.
<h3 class="wp-block-heading">Lions Gate Entertainment</h3>
<ul>
<li>The Trade: Lions Gate Entertainment Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LGF#NYSE">LGF</a>) 10% owner Steven T Mnuchin <a href="https://www.benzinga.com/quote/LGF/analyst-ratings">acquired a total of 1,129,609 shares</a> at an average price of $8.81. To acquire these shares, it cost around $9.96 million.</li>
<li>What's Happening: On June 25, Lionsgate has chosen Amagi to be its partner for FAST playout and deliveries globally.</li>
<li>What Lions Gate Entertainment Does: Lions Gate Entertainment, incorporated in 1986, engages in the film, television, subscription, and location-based entertainment businesses in the United States, Canada, and internationally.</li>
</ul>
<h3 class="wp-block-heading">Fortress Biotech</h3>
<ul>
<li>The Trade: Fortress Biotech, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FBIO#NASDAQ">FBIO</a>) President, CEO and Chairman Lindsay A MD Rosenwald acquired a total of 5,000 shares at an average price of $7.39. To acquire these shares, it cost around $36,971.</li>
<li>What's Happening: On July 5, Fortress Biotech reported a pause in the payment of dividends on its 9.375% Series A Cumulative Redeemable Perpetual Preferred Stock.</li>
<li>What Fortress Biotech Does: Fortress Biotech Inc is a biopharmaceutical company. The firm is involved in the business of acquiring, developing, and commercializing pharmaceutical and biotechnology products.</li>
</ul>
Don&#8217;t forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<h3 class="wp-block-heading">Armada Hoffler Properties</h3>
<ul>
<li>The Trade: Armada Hoffler Properties, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AHH#NYSE">AHH</a>) Director Dennis H. Gartman <a href="https://www.benzinga.com/sec/insider-trades/">bought a total of 4,500 shares</a> at an average price of $11.09. To acquire these shares, it cost around $49,926.</li>
<li>What's Happening: Armada Hoffler is expected to report its earnings for the quarter ending June 30, 2024 on Wednesday, Aug. 7.</li>
<li>What Armada Hoffler Properties Does: Armada Hoffler Properties Inc is a real estate company. It engages in developing, building, owning and managing the high-quality, institutional-grade office, retail, and multifamily properties in various markets throughout the Mid-Atlantic and Southeastern United States.</li>
</ul>
<h3 class="wp-block-heading">Friedman Industries</h3>
<ul>
<li>The Trade: Friedman Industries, Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FRD#NYSE">FRD</a>) Director Joe L Williams <a href="https://www.benzinga.com/sec/insider-trades/">bought a total of 3,000 shares</a> at an average price of $14.34. The insider spent around $43,020 to buy those shares. </li>
<li>What's Happening: On June 26, Friedman Industries declared a cash dividend of 4 cents per share.</li>
<li>What Friedman Industries Does: Friedman Industries Inc is engaged in the manufacturing and processing of steel products.</li>
</ul>
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</ul>

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Outlook
&nbsp;
The Company maintained its 2024 full-year Normalized FFO guidance range at the Company&#39;s previous guidance range of $1.21 to $1.27 per diluted share. The following table updates the Company&#39;s assumptions underpinning its full-year guidance. The Company&#39;s executive management will provide further details regarding its 2024 earnings guidance during today&#39;s webcast and conference call.
<table align="right" cellspacing="0" style="width:100%">
<tbody>
<tr>
<td style="text-align:left; vertical-align:top">Full-year 2024 Guidance [1][2]</td>
<td colspan="5" style="text-align:center; vertical-align:bottom">Expected Ranges</td>
</tr>
<tr>
<td style="text-align:left; vertical-align:top; width:68%">Portfolio NOI</td>
<td colspan="2" style="text-align:center; vertical-align:bottom; width:15%">$166.6M</td>
<td colspan="2" style="text-align:center; vertical-align:bottom; width:15%">$171.0M</td>
</tr>
<tr>
<td style="text-align:left; vertical-align:top">Construction Segment Gross Profit</td>
<td colspan="2" style="text-align:center; vertical-align:bottom">$12.8M</td>
<td colspan="2" style="text-align:center; vertical-align:bottom">$14.3M</td>
</tr>
<tr>
<td style="text-align:left; vertical-align:top">G&amp;A Expenses</td>
<td colspan="2" style="text-align:center; vertical-align:bottom">$18.8M</td>
<td colspan="2" style="text-align:center; vertical-align:bottom">$18.2M</td>
</tr>
<tr>
<td style="text-align:left; vertical-align:top">Interest Income</td>
<td colspan="2" style="text-align:center; vertical-align:bottom">$17.3M</td>
<td colspan="2" style="text-align:center; vertical-align:bottom">$17.9M</td>
</tr>
<tr>
<td style="text-align:left; vertical-align:top">Adjusted Interest Expense[3]</td>
<td colspan="2" style="text-align:center; vertical-align:bottom">$59.4M</td>
<td colspan="2" style="text-align:center; vertical-align:bottom">$58.8M</td>
</tr>
<tr>
<td style="vertical-align:top">Normalized FFO per diluted share</td>
<td colspan="2" style="text-align:center; vertical-align:bottom">$1.21</td>
<td colspan="2" style="text-align:center; vertical-align:bottom">$1.27</td>
</tr>
</tbody>
</table>

Armada Hoffler Properties Reiterates FY2024 FFO Outlook $1.21-1.27 vs $1.24 Est

Armada Hoffler Properties (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AHH#NYSE">AHH</a>) reported quarterly FFO of $0.33 per share which beat the analyst consensus estimate of $0.31 by 6.45 percent. This is a 10 percent increase over FFO of $0.30 per share from the same period last year. The company reported quarterly rental income of $61.88 million which beat the analyst consensus estimate of $60.74 million by 1.88 percent. This is a 10.07 percent increase over $56.22 million the same period last year.

Armada Hoffler Properties Q1 Adj. FFO $0.33 Beats $0.31 Estimate, Rental Income $61.88M Beat $60.74M Estimate

Although U.S. stocks closed lower on Thursday, there were a few notable insider trades.
When insiders purchase shares, it indicates their confidence in the company&#39;s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.
Below is a look at a few recent notable insider purchases. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/"> Benzinga&#39;s insider transactions </a> platform.
<h3>Deluxe </h3>
<ul>
<li>The Trade: Deluxe Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dlx#NYSE">DLX</a>) President and CEO Barry C McCarthy <a href="https://www.benzinga.com/quote/HLF/analyst-ratings"> acquired a total of 2,666 shares </a> an average price of $19.25. To acquire these shares, it cost around $51,321.</li>
<li>What&rsquo;s Happening: On Feb. 1, Deluxe reported upbeat fourth-quarter earnings.</li>
<li>What Deluxe Does: Deluxe Corporation engaged in providing payment solutions. The company operates in 4 segments. Payments includes merchant in-store, online and mobile payment solutions; treasury management solutions, including remittance and lockbox processing, remote deposit capture, receivables management, payment processing and paperless treasury management; payroll and disbursement services, including Deluxe Payment Exchange; and fraud and security services.</li>
</ul>
<h3>United Fire Group </h3>
<ul>
<li>The Trade: United Fire Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ufcs#NASDAQ">UFCS</a>) VP &amp; Chief Risk Officer Micah G Woolstenhulme acquired a total of 1,500 shares at an average price of $21.76. To acquire these shares, it cost around $32,633.</li>
<li>What&rsquo;s Happening: On March 7, AerSale reported worse-than-expected fourth-quarter financial results.</li>
<li>What United Fire Group Does: United Fire Group Inc is engaged in the business of writing property and casualty insurance and selling annuities through a network of independent agencies.</li>
</ul>
Don&rsquo;t forget to check out our <a href="https://www.benzinga.com/premarket/"> premarket coverage here </a> 
<h3>GEO Group </h3>
<ul>
<li>The Trade: The GEO Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/geo#NYSE">GEO</a>) Executive Chairman George C Zoley <a href="https://www.benzinga.com/sec/insider-trades/"> bought a total of 50,000 shares </a> at an average price of $12.48. To acquire these shares, it cost around $624,025.</li>
<li>What&rsquo;s Happening: On March 12, Geo Group said that its unit GEO Transport got a five-year contract to provide air operations support services on behalf of U.S. Immigration and Customs Enforcement.</li>
<li>What GEO Group Does: The GEO Group Inc specializes in detention facilities and community reentry centers.</li>
</ul>
<h3>Armada Hoffler Properties </h3>
<ul>
<li>The Trade: Armada Hoffler Properties, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ahh#NYSE">AHH</a>) Director George F Allen <a href="https://www.benzinga.com/sec/insider-trades/"> bought a total of 1,716 shares </a> at an average price of $10.64. The insider spent around $18,258 to buy those shares.</li>
<li>What&rsquo;s Happening: On March 4, Armada Hoffler said John W. Snow will retire from company&#39;s board of directors.</li>
<li>What Armada Hoffler Properties Does: Armada Hoffler Properties Inc is a real estate company. It engages in developing, building, owning and managing the high-quality, institutional-grade office, retail, and multifamily properties in various markets throughout the Mid-Atlantic and Southeastern United States.</li>
</ul>
&nbsp;
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Armada Hoffler Properties Expects FY24 Normalized FFO $1.21 - $1.27

Armada Hoffler Properties (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AHH#NYSE">AHH</a>) reported quarterly normalized FFO of $0.31 per share. This is a 11.43 percent decrease over earnings of $0.35 per share from the same period last year. The company reported quarterly rental revenue of $59.84 million which missed the analyst consensus estimate of $63.80 million by 6.20 percent. This is a 7.45 percent increase over sales of $55.69 million the same period last year.

Armada Hoffler Properties Q4 Normalized FFO $0.31 Down From $0.35 YoY, Rental Revenue $59.84M Miss $63.80M Estimate

Armada Hoffler (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AHH#NYSE">AHH</a>) announced that its Board of Directors declared the cash dividend of&nbsp;$0.205&nbsp;per common share, representing a&nbsp;5%&nbsp;increase over the prior quarter&#39;s dividend. The&nbsp;first quarter&nbsp;dividend will be paid in cash on April 4, 2024, to stockholders of record on March 27, 2024. 
&nbsp;
The Board of Directors also declared a cash dividend of&nbsp;$0.421875&nbsp;per share on its&nbsp;6.75%&nbsp;Series A Cumulative Redeemable Perpetual Preferred Stock payable on April 15, 2024, to stockholders of record on April 1, 2024.

Armada Hoffler Announces 5% Increase in Quarterly Cash Dividend to $0.205/Share

Armada Hoffler Properties, Inc. (AHH) Q2 2024 Earnings Call Transcript

Armada Hoffler: Capture Up To 7.5% Yield From This Diversified REIT

Armada Hoffler Properties: The P/FFO Multiple Of 9.7x Provides An Opportunity

Armada Hoffler Properties declares $0.205 dividend

W.P. Carey: The Good, The Bad, And The Ugly

Armada Hoffler announces offering of 7M shares of common stock

Armada Hoffler drops 6%, prices upsized offering of 9M shares

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A Strategic 7.6%-Yielding Portfolio For Fall 2024

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Press Releases

Armada Hoffler to Discuss First Quarter Earnings on May 9th

General

Armada Hoffler Commits to Retaining WeWork as a Tenant in Premier One City Center Building, Bolstering Innovation Hub in Durham, North Carolina

Armada Hoffler Reports First Quarter 2024 Results

Armada Hoffler Announces Quarterly Dividend

Armada Hoffler to Report Second Quarter Earnings on August 7th

Armada Hoffler Announces 35,000 Square Foot Office Lease with Stifel Financial Corp.

Armada Hoffler Reports Second Quarter 2024 Results

Armada Hoffler Announces Commencement of  Public Offering of Common Stock

Armada Hoffler Announces Upsizing and Pricing of Public Offering of Common Stock

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