Armada Hoffler Properties traded at $19.93 this Friday October 23rd, increasing $0.51 or 2.63 percent since the previous trading session. Looking back, over the last four weeks, Armada Hoffler Properties gained 1.53 percent. Over the last 12 months, its price fell by 6.43 percent. Looking ahead, we forecast Armada Hoffler Properties to be priced at 19.06 by the end of this quarter and at 17.88 in one year, according to Trading Economics global macro models projections and analysts expectations.
Armada Hoffler Properties, Inc. is a full-service real estate company. The Company is engaged in the development, building, owning and managing office, retail and multifamily properties in primarily across the Mid-Atlantic and South-eastern United States. In addition to the ownership of its operating property portfolio, it develops and builds properties for its own account and also invests in development projects. It also provides general contracting services to third parties. Its construction and development experience includes mid- and high-rise office buildings and others. The Company's property portfolio consisted of approximately 56 operating properties and three properties either under development or not yet stabilized. The Company operates through four segments: office real estate, retail real estate, multifamily residential real estate and general contracting and real estate services.