NYSE:HIW

Highwoods Properties (HIW) Stock Price, News & Analysis

$26.77
+0.14 (+0.53%)
(As of 05/3/2024 ET)
Today's Range
$26.65
$27.57
50-Day Range
$23.34
$26.77
52-Week Range
$17.06
$27.57
Volume
631,794 shs
Average Volume
989,818 shs
Market Capitalization
$2.84 billion
P/E Ratio
21.94
Dividend Yield
7.47%
Price Target
$24.38

Highwoods Properties MarketRank™ Stock Analysis

Analyst Rating
Hold
2.13 Rating Score
Upside/​Downside
8.9% Downside
$24.38 Price Target
Short Interest
Bearish
6.68% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.25
Upright™ Environmental Score
News Sentiment
0.78mentions of Highwoods Properties in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-0.85%
From $3.55 to $3.52 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.64 out of 5 stars

Finance Sector

3471st out of 5,270 stocks

Real Estate Investment Trusts Industry

715th out of 1,086 stocks

HIW stock logo

About Highwoods Properties Stock (NYSE:HIW)

Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-integrated office real estate investment trust (REIT) that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa. Highwoods is in the work-placemaking business. We believe that by creating environments and experiences where the best and brightest can achieve together what they cannot apart, we can deliver greater value to our customers, their teammates and, in turn, our stakeholders.

HIW Stock Price History

HIW Stock News Headlines

55x Gains Instead of 9x Gains
We’ve issued an urgent landmark trade alert for a new crypto wonder. So, I decided to give you this heads-up before it’s too late. It’s urgent because it’s what we consider “The #1 Crypto for the AI World.”
Q1 2024 Highwoods Properties Inc Earnings Call
55x Gains Instead of 9x Gains
We’ve issued an urgent landmark trade alert for a new crypto wonder. So, I decided to give you this heads-up before it’s too late. It’s urgent because it’s what we consider “The #1 Crypto for the AI World.”
Highwoods Properties Q1 FFO Down; Updates 2024 FFO/shr Outlook
Highwoods Properties: Q1 Earnings Snapshot
Highwoods Properties, Inc.
Highwoods Properties Q1 2024 Earnings Preview
Highwoods Declares Quarterly Dividends
Wells Fargo Keeps Their Hold Rating on Highwoods Properties (HIW)
Highwoods Announces Recent Disposition Activity
Craft brewery planned near Crabtree Valley Mall
See More Headlines
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Company Calendar

Last Earnings
4/26/2022
Ex-Dividend for 3/12 Dividend
2/16/2024
Dividend Payable
3/12/2024
Today
5/04/2024
Ex-Dividend for 6/11 Dividend
5/17/2024
Dividend Payable
6/11/2024
Next Earnings (Estimated)
7/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Office REITs
CUSIP
43128410
Employees
349
Year Founded
1978

Price Target and Rating

Average Stock Price Target
$24.38
High Stock Price Target
$29.00
Low Stock Price Target
$20.00
Potential Upside/Downside
-8.9%
Consensus Rating
Hold
Rating Score (0-4)
2.13
Research Coverage
8 Analysts

Profitability

Net Income
$148.71 million
Pretax Margin
16.05%

Debt

Sales & Book Value

Annual Sales
$834 million
Cash Flow
$4.31 per share
Book Value
$22.44 per share

Miscellaneous

Free Float
104,300,000
Market Cap
$2.84 billion
Optionable
Optionable
Beta
1.23

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Key Executives

  • Mr. Theodore J. Klinck (Age 58)
    President, CEO & Director
    Comp: $2.16M
  • Mr. Brendan C. Maiorana (Age 48)
    Executive VP & CFO
    Comp: $1.06M
  • Mr. Brian M. Leary (Age 49)
    Executive VP & COO
    Comp: $1.06M
  • Mr. Jeffrey D. Miller (Age 53)
    Executive VP, General Counsel & Secretary
    Comp: $722.63k
  • Mr. Carman J. Liuzzo (Age 63)
    Senior Vice President of Investments
    Comp: $398.61k
  • Mr. Daniel L. Clemmens CPA
    VP & Chief Accounting Officer
  • Mr. Ryan Hunt (Age 47)
    VP & Chief Information Officer
  • Mr. Thomas S. Hill III
    Senior VP & Raleigh Market Leader
  • Mr. Steven J. Garrity
    Senior VP & Orlando Market Leader
  • Mr. Daniel E. Woodward
    Senior VP & Tampa Market Leader

HIW Stock Analysis - Frequently Asked Questions

Should I buy or sell Highwoods Properties stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Highwoods Properties in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" HIW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HIW, but not buy additional shares or sell existing shares.
View HIW analyst ratings
or view top-rated stocks.

What is Highwoods Properties' stock price target for 2024?

8 brokers have issued 1 year target prices for Highwoods Properties' stock. Their HIW share price targets range from $20.00 to $29.00. On average, they predict the company's stock price to reach $24.38 in the next twelve months. This suggests that the stock has a possible downside of 8.9%.
View analysts price targets for HIW
or view top-rated stocks among Wall Street analysts.

How have HIW shares performed in 2024?

Highwoods Properties' stock was trading at $22.96 at the beginning of 2024. Since then, HIW stock has increased by 16.6% and is now trading at $26.77.
View the best growth stocks for 2024 here
.

Are investors shorting Highwoods Properties?

Highwoods Properties saw a increase in short interest in April. As of April 15th, there was short interest totaling 6,940,000 shares, an increase of 7.4% from the March 31st total of 6,460,000 shares. Based on an average daily volume of 1,280,000 shares, the days-to-cover ratio is presently 5.4 days. Approximately 6.7% of the shares of the stock are sold short.
View Highwoods Properties' Short Interest
.

When is Highwoods Properties' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 23rd 2024.
View our HIW earnings forecast
.

How were Highwoods Properties' earnings last quarter?

Highwoods Properties, Inc. (NYSE:HIW) posted its quarterly earnings data on Tuesday, April, 26th. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.34 by $0.04. Highwoods Properties had a trailing twelve-month return on equity of 5.44% and a net margin of 15.78%. During the same quarter in the previous year, the business earned $0.91 earnings per share.

How often does Highwoods Properties pay dividends? What is the dividend yield for Highwoods Properties?

Highwoods Properties announced a quarterly dividend on Wednesday, April 17th. Stockholders of record on Monday, May 20th will be given a dividend of $0.50 per share on Tuesday, June 11th. This represents a $2.00 dividend on an annualized basis and a yield of 7.47%. The ex-dividend date is Friday, May 17th.
Read our dividend analysis for HIW
.

Is Highwoods Properties a good dividend stock?

Highwoods Properties (NYSE:HIW) pays an annual dividend of $2.00 per share and currently has a dividend yield of 7.51%. HIW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 163.93%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, HIW will have a dividend payout ratio of 56.82% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HIW.

What guidance has Highwoods Properties issued on next quarter's earnings?

Highwoods Properties issued an update on its FY 2024 earnings guidance on Tuesday, April, 23rd. The company provided earnings per share guidance of 3.460-3.610 for the period, compared to the consensus earnings per share estimate of 3.570. The company issued revenue guidance of -.

What other stocks do shareholders of Highwoods Properties own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Highwoods Properties investors own include American Tower (AMT), Cisco Systems (CSCO), Bristol-Myers Squibb (BMY), NVIDIA (NVDA), AT&T (T), Pfizer (PFE), Prologis (PLD), Verizon Communications (VZ), Exxon Mobil (XOM) and Kraft Heinz (KHC).

Who are Highwoods Properties' major shareholders?

Highwoods Properties' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Daiwa Securities Group Inc. (2.16%), Principal Financial Group Inc. (0.51%), Sumitomo Mitsui Trust Holdings Inc. (0.41%), Mirae Asset Global Investments Co. Ltd. (0.32%), Congress Asset Management Co. MA (0.12%) and Easterly Investment Partners LLC (0.09%). Insiders that own company stock include Brendan C Maiorana, Brian M Leary, David John Hartzell, Jeffrey Douglas Miller, Mark F Mulhern and Theodore J Klinck.
View institutional ownership trends
.

How do I buy shares of Highwoods Properties?

Shares of HIW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:HIW) was last updated on 5/5/2024 by MarketBeat.com Staff

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