AH Realty Trust, Inc.

AH Realty Trust, Inc.

AHRT
AH Realty Trust, Inc.US flagNew York Stock Exchange
5.93
USD
-0.02
- -
568.27MMarket Cap
AH Realty Trust, Inc.
AHRT
(New York Stock Exchange)

Recent

price

5.93

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
8.09
7.8
6.5
7.31
6.72
8.39
6.89
7.19
4.05
4.57
6.49
4.8
6.96
3.8
3.44
3.56
2.07
Revenue per Share
0.22
0.14
0.53
0.49
0.31
0.65
0.75
0.5
0.36
0.38
0.37
0.16
0.93
-0.05
0.3
-0.07
-0.64
Basic EPS, GAAP
0.36
1.39
1.34
1.16
1.25
1.11
1.52
1.22
1.17
1.2
1.54
1.45
1.73
1.53
1.03
0.8
0.99
Free Cash Flow per Basic Share
- -
- -
- -
0.4
0.88
0.9
0.9
1.04
1.07
1.09
0.81
0.93
1.07
1.2
1.05
0.94
0.93
Dividend per Share
- -
-2.24
-2.48
-2.43
-0.11
1.65
3.95
5.04
5.48
6.14
5.96
6.1
7.03
6.01
6.27
5.7
4.8
Book Value per Share
- -
-2.24
-2.48
-2.65
-0.32
1.04
2.92
4.38
4.92
4.92
4.98
5.11
5.5
4.38
5.14
4.73
3.86
Tangible Book Value per Share
17
17
17
19
25
30
37
42
48
56
59
63
68
67
80
80
84
Basic Weighted Avg Shares
135
130
108
140
168
252
258
303
193
257
384
303
471
254
274
285
174
Sales/Revenue/Turnover
16.37
18.41
22.76
14.45
12.87
11.31
11.07
10.73
15.38
15.18
11.3
20.62
17.14
23.61
28.49
28.67
39.14
Operating Margin (%)
11
12
12
13
15
19
23
26
30
38
44
53
55
63
68
72
64
Depreciation Expense
4
2
9
9
8
20
28
21
17
24
29
22
75
8
36
6
-42
Net Income, GAAP
- -
- -
- -
1.85
0.55
- -
0.8
2.37
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
2.77
1.74
8.2
6.68
4.58
7.78
10.87
6.95
8.9
9.35
7.6
7.24
15.87
3.26
13.01
1.96
-24.11
Profit Margin (%)
- -
22
17
11
18
67
59
68
118
183
174
189
171
129
190
205
172
Working Capital
- -
340
336
278
356
378
522
517
694
1,010
1,023
995
1,146
1,520
1,420
1,651
1,149
LT Debt
- -
-37
-41
106
162
226
349
420
456
655
757
780
904
805
890
829
715
Total Equity
- -
15.84
8.28
5.87
4.77
- -
3.6
3.06
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
13.48
8.53
4.82
2.93
- -
3.78
2.81
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
28.4
11.23
6.87
6.98
6.25
2.81
14.69
-0.74
5.35
-1.24
-12.76
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
1,526
1,494
1,033
LT Finance Leases
125
116
116
Preferred Equity and Hybrid Capital
171
171
171
Shares Outstanding
80
77
75
Market Capitalization
531
421
528

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
292
823
284
Cash, Cash Equivalents & STI
49
29
21
Accounts Receivable, Net
66
63
62
Inventories
- -
- -
- -
Total Current Liabilities
88
320
111
Payables & Accruals
57
30
30
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.45%
2.35%
-6.8%
Free Cash Flow
10.03%
-5.16%
-21.64%
Net Income, GAAP
43.41%
74.7%
-84.28%
Sales/Revenue/Turnover
6.61%
0.1%
4.06%
Total Cash Common Dividend
10.75%
10.5%
-11.98%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
193
185
188
143
274
2025
50
51
96
-27
285
2026
52
53
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.17
- -
-0.1
0.26
0.3
2025
-0.07
0.04
-0.04
-0.01
-0.07
2026
-0.26
-0.32
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.3
0.31
0.27
0.27
1.05
2025
0.3
0.17
0.35
0.08
0.94
2026
0.27
0.22
- -
- -
- -
Business
AH Realty Trust, Inc. is a vertically integrated real estate investment trust that develops, builds, owns, and operates institutional-grade office, retail, and multifamily properties primarily in the Mid-Atlantic and Southeast United States, with additional construction and development services for third-party clients; it operates through segments including Office Real Estate, Retail Real Estate, Multifamily Residential Real Estate, and General Contracting and Real Estate Services, and is headquartered in Virginia Beach, Virginia, founded in 1979 by Daniel A. Hoffler. Its latest strategic changes include a major restructuring to exit the multifamily property segment to unlock embedded value, reduce leverage, and sharpen focus on retail and office properties, with ongoing divestitures of multifamily assets and consideration of selling its construction division and most real estate financing investments; the company rebrands and aligns its long-term strategy toward a streamlined real estate platform focused on higher-quality, cash-generative assets and a renewed performance structure. In addition, Armada Hoffler’s transformation into AH Realty Trust involves launching a renewed investment strategy emphasizing retail and office assets, expanding in markets with strong fundamentals, and pursuing opportunities through targeted acquisitions while optimizing portfolio risk. AH Realty Trust operates across the United States with a portfolio that includes office, retail, and select mixed-use properties, and maintains relationships with partners and lenders to support ongoing development, construction, and property management activities. The company’s strategic updates reflect a shift from diversified asset classes toward a more focused portfolio and streamlined operating model intended to enhance liquidity, balance sheet strength, and shareholder value over the near-to-intermediate term. These changes complement the company’s ongoing emphasis on providing comprehensive real estate solutions, from development and construction to asset management and property operations, serving institutional tenants, investors, and other real estate partners. AH Realty Trust maintains headquarters in Virginia Beach and continues to operate facilities and management services throughout its markets, with a history rooted in Armada Hoffler Construction and Development, expanding its footprint across multiple states to support its core segments.

Company News

  • Brokerages Set Armada Hoffler Properties, Inc. (NYSE:AHRT) Price Target at $7.50

  • AH Realty Trust Announces Quarterly Dividend

  • AH Realty Trust: A High Preferred Yield From A Quality Balance Sheet

  • Reviewing Net Lease Office Properties (NYSE:NLOP) and Armada Hoffler Properties (NYSE:AHRT)

  • AH Realty Trust: Deleveraging Today, Dividend Growth And Price Recovery Tomorrow

  • AH REALTY TRUST INC (AHRT) Q2 2026 Earnings Call Transcript

  • Armada Hoffler Properties Q2 Earnings Call Highlights

  • AH REALTY TRUST (AHRT) Q2 FFO Top Estimates

  • AH Realty Trust Reports Second Quarter 2026 Results

  • Do Options Traders Know Something About AH Realty Stock We Don't?

  • AH Realty Trust: An Unsafe 8% Dividend, But A Strong Long-Term Buy

  • AH Realty Trust Preferred: Discount To Par Improves Allocation Profile

  • AH Realty Trust to Report Second Quarter Earnings on August 3rd

  • AH Realty Trust: Rebrand Attracts Bulls To This Diversified Retail/Office REIT

  • AH Realty Closes Sale of 9 Multifamily Properties to Harbor Group

  • AH Realty Trust Completes Portfolio Sale to Harbor Group

  • Private Equity Is Buying REITs Hand Over Fist

  • Inflation Reignites, Yields Spike

  • AH Realty Trust Increases Share Repurchase Authorization to $100 Million

  • AH Realty Trust Increases Share Repurchase Authorization to $100 Million