NYSE$AHRT
AH Realty Trust Inc · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Reported first quarter results with net income of $0.04 per diluted share and reaffirmed 2021 full-year normalized FFO guidance of $0.98 to $1.02 per diluted share.
Armada Hoffler Properties reported a decrease in net income to $3.1 million, or $0.04 per diluted share, compared to $8.2 million, or $0.11 per diluted share, for the three months ended March 31, 2020. Normalized FFO was $20.6 million, or $0.26 per diluted share, compared to $24.7 million, or $0.32 per diluted share, for the three months ended March 31, 2020. The company reaffirmed its 2021 full-year Normalized FFO guidance of $0.98 to $1.02 per diluted share and increased its cash dividend on common shares for the second consecutive quarter.
- Net income attributable to common stockholders and OP Unit holders of $3.1 million, or $0.04 per diluted share.
- Funds from operations attributable to common stockholders and OP Unit holders (FFO) of $20.8 million, or $0.26 per diluted share.
- Normalized funds from operations attributable to common stockholders and OP Unit holders (Normalized FFO) of $20.6 million, or $0.26 per diluted share.
- Reaffirmed 2021 full-year Normalized FFO guidance of $0.98 to $1.02 per diluted share.
Headline financials
Revenue & EPS history
Armada Hoffler · Revenue · Quarterly
$81.3M
Revenue by segment
Armada Hoffler · $45.7M total across 1 segment · Q1 2021
- Rental Revenues$45.7M+8.2%100.0%
Forward guidance
The Company issued updated 2021 full-year Normalized FFO guidance in the range to $0.98 to $1.02 per diluted share.
Tailwinds
- New $23M preferred equity mezzanine loan for Solis Nexton, which closed in April
- Interest Expense based on Forward LIBOR Curve, which forecasts rates ending the year at 0.19%
- Opportunistic sale of common stock through the ATM program, resulting in a full year weighted average share count of 82.2M
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
-0.3%
Avg return
Earnings day
+0.7%
Avg return
5 days after
+1.0%
Avg return
30 days after
40%
21 / 52 earnings
Positive
+6.9%
Q4 2022
Best reaction
-8.1%
Q4 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.9% | +6.7% | +13.4% | |
| Q4 2025 | -8.1% | -11.3% | -12.6% | |
| Q3 2025 | -0.5% | -1.7% | +0.2% | |
| Q1 2025 | -1.2% | +4.8% | +2.6% | |
| Q4 2024 | -1.6% | -1.4% | -16.1% | |
| Q3 2024 | +3.0% | +4.2% | +2.3% | |
| Q2 2024 | -0.3% | -3.0% | +3.3% | |
| Q1 2024 | +4.7% | +5.5% | -0.3% | |
| Q4 2023 | -7.8% | -10.3% | -9.4% | |
| Q3 2023 | +4.3% | +0.9% | +12.7% | |
| Q2 2023 | +0.8% | +0.4% | -3.9% | |
| Q1 2023 | -5.9% | -6.6% | -3.3% | |
| Q4 2022 | +6.9% | +6.4% | -5.9% | |
| Q3 2022 | -1.1% | +5.1% | +4.7% | |
| Q2 2022 | -1.8% | -1.3% | -7.8% | |
| Q1 2022 | +3.5% | +0.5% | +5.7% | |
| Q4 2021 | -0.6% | +2.8% | +7.0% | |
| Q3 2021 | +6.5% | +10.6% | +1.4% | |
| Q2 2021 | -1.1% | +2.2% | +4.5% | |
| Q1 2021 | -5.8% | -3.8% | -4.6% | |
| Q4 2020 | -1.5% | +1.8% | +15.5% | |
| Q3 2020 | -3.1% | +20.9% | +26.1% | |
| Q2 2020 | +6.6% | +9.7% | +9.3% | |
| Q1 2020 | -5.4% | -10.1% | -12.8% | |
| Q4 2019 | -0.9% | -0.5% | -3.7% | |
| Q3 2019 | +0.4% | -2.2% | -3.4% | |
| Q2 2019 | +1.5% | -0.5% | +2.4% | |
| Q1 2019 | -0.9% | -0.1% | +2.0% | |
| Q4 2018 | -0.5% | +0.1% | -0.7% | |
| Q3 2018 | -1.3% | -2.4% | -0.3% | |
| Q2 2018 | +3.0% | +3.1% | +4.8% | |
| Q1 2018 | +1.9% | +2.7% | +6.1% | |
| Q4 2017 | -2.4% | -1.9% | +1.0% | |
| Q3 2017 | +1.1% | +2.4% | +9.4% | |
| Q2 2017 | -0.5% | +1.9% | +0.8% | |
| Q1 2017 | -4.0% | -1.7% | -6.1% | |
| Q4 2016 | +1.2% | +1.8% | -2.2% | |
| Q3 2016 | -1.9% | -2.2% | +4.7% | |
| Q2 2016 | -6.5% | -7.1% | -7.7% | |
| Q1 2016 | -1.1% | — | — | |
| Q4 2015 | +6.8% | — | — | |
| Q3 2015 | -2.3% | — | — | |
| Q2 2015 | -0.3% | — | — | |
| Q1 2015 | +0.1% | — | — | |
| Q4 2014 | +2.2% | — | — | |
| Q3 2014 | +0.1% | — | — | |
| Q2 2014 | +2.8% | — | — | |
| Q1 2014 | -0.8% | — | — | |
| Q4 2013 | +0.7% | — | — | |
| Q3 2013 | +0.2% | — | — | |
| Q2 2013 | -5.6% | — | — | |
| Q1 2013 | -0.3% | — | — | |
| Q4 2012 | — | — | — | |
| Q3 2012 | — | — | — | |
| Q2 2012 | — | — | — | |
| Q1 2012 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro