Head-To-Head Survey: The GPT Group (OTCMKTS:GPTGF) vs. Armada Hoffler Properties (NYSE:AHH)

The GPT Group (OTCMKTS:GPTGF) and Armada Hoffler Properties (NYSE:AHH) are both real estate companies, but which is the superior stock? We will compare the two businesses based on the strength of their valuation, institutional ownership, profitability, analyst recommendations, earnings, dividends and risk.

Dividends

The GPT Group pays an annual dividend of $0.26 per share and has a dividend yield of 7.0%. Armada Hoffler Properties pays an annual dividend of $0.82 per share and has a dividend yield of 7.3%. The GPT Group pays out 80.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Armada Hoffler Properties pays out 911.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Institutional and Insider Ownership

31.8% of The GPT Group shares are owned by institutional investors. Comparatively, 66.3% of Armada Hoffler Properties shares are owned by institutional investors. 11.9% of Armada Hoffler Properties shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Profitability

This table compares The GPT Group and Armada Hoffler Properties’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
The GPT Group	N/A	N/A	N/A
Armada Hoffler Properties	1.10%	1.26%	0.32%

Analyst Recommendations

This is a summary of current ratings and price targets for The GPT Group and Armada Hoffler Properties, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
The GPT Group	0	0	0	0	N/A
Armada Hoffler Properties	0	1	1	0	2.50

Armada Hoffler Properties has a consensus target price of $11.75, indicating a potential upside of 4.54%. Given Armada Hoffler Properties’ higher probable upside, analysts plainly believe Armada Hoffler Properties is more favorable than The GPT Group.

Earnings & Valuation

This table compares The GPT Group and Armada Hoffler Properties”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
The GPT Group	N/A	N/A	N/A	$0.32	11.58
Armada Hoffler Properties	$735.26 million	1.36	$8.29 million	$0.09	124.89

Armada Hoffler Properties has higher revenue and earnings than The GPT Group. The GPT Group is trading at a lower price-to-earnings ratio than Armada Hoffler Properties, indicating that it is currently the more affordable of the two stocks.

Summary

Armada Hoffler Properties beats The GPT Group on 10 of the 12 factors compared between the two stocks.

About The GPT Group

GPT is a vertically integrated diversified property group that owns and actively manages a portfolio of high quality Australian retail, office and logistics assets, with assets under management of $32.4 billion. The Group utilises its real estate management platform to enhance returns through property development and funds management.

About Armada Hoffler Properties

Armada Hoffler Properties, Inc. (the “Company”) is a vertically integrated, self-managed real estate investment trust (“REIT”) with over four decades of experience developing, building, acquiring, and managing high-quality retail, office, and multifamily properties located primarily in the Mid-Atlantic and Southeastern United States. In addition to the ownership of the Company’s operating property portfolio, the Company develops and builds properties for its own account and through joint ventures between the Company and unaffiliated partners and also invests in development projects through real estate financing arrangements. The Company also provides general construction and development services to third-party clients. The Company’s construction and development experience includes mid- and high-rise office buildings, retail strip malls, retail power centers, multifamily apartment communities, hotels and conference centers, single- and multi-tenant industrial, distribution, and manufacturing facilities, educational, medical, and special purpose facilities, government projects, parking garages, and mixed-use town centers. The Company is the sole general partner of Armada Hoffler, L.P. (the “Operating Partnership”) and, as of March 31, 2024, owned 75.5% of the economic interest in the Operating Partnership, of which 0.1% is held as general partnership units. The operations of the Company are conducted primarily through the Operating Partnership and the wholly owned subsidiaries thereof.