Huntington Sec Has Negative Outlook for HIW FY2026 Earnings

Key Points

• Huntington Securities cut its FY2026 EPS estimate for Highwoods Properties to $3.54 from $3.55 and maintained a Hold rating; the estimate is below the $3.58 analyst consensus.
• Highwoods reported quarterly EPS of $0.29, topping the $0.21 consensus, while revenue of $218.18 million also beat estimates and rose 8.1% year over year.
• The company declared a quarterly dividend of $0.50 per share, equivalent to $2.00 annually and a 6.5% yield at the article’s cited share price.

Highwoods Properties, Inc. (NYSE:HIW - Free Report) - Equities researchers at Huntington Sec decreased their FY2026 earnings estimates for Highwoods Properties in a research report issued to clients and investors on Tuesday, November 3rd. Huntington Sec analyst R. Stevenson now forecasts that the real estate investment trust will post earnings of $3.54 per share for the year, down from their prior forecast of $3.55. Huntington Sec currently has a "Hold" rating on the stock. The consensus estimate for Highwoods Properties' current full-year earnings is $3.58 per share. Huntington Sec also issued estimates for Highwoods Properties' Q1 2027 earnings at $0.88 EPS, Q2 2027 earnings at $0.92 EPS, Q3 2027 earnings at $0.92 EPS, Q4 2027 earnings at $0.93 EPS, FY2027 earnings at $3.65 EPS, Q1 2028 earnings at $0.90 EPS, Q2 2028 earnings at $0.94 EPS, Q3 2028 earnings at $0.94 EPS and FY2028 earnings at $3.72 EPS.

Other equities analysts also recently issued reports about the company. Mizuho set a $32.00 price target on Highwoods Properties in a research note on Tuesday, September 8th. Wells Fargo & Company lifted their price objective on Highwoods Properties from $26.00 to $32.00 and gave the stock an "equal weight" rating in a report on Tuesday, September 1st. Huntington assumed coverage on Highwoods Properties in a research report on Thursday, October 8th. They set a "market perform" rating and a $31.00 price objective for the company. Morgan Stanley increased their target price on Highwoods Properties from $23.00 to $35.00 and gave the company an "equal weight" rating in a report on Wednesday, July 22nd. Finally, Deutsche Bank Aktiengesellschaft cut Highwoods Properties from a "buy" rating to a "hold" rating and set a $33.00 target price on the stock. in a research report on Wednesday, August 5th. Nine research analysts have rated the stock with a Hold rating. According to MarketBeat, Highwoods Properties has an average rating of "Hold" and a consensus price target of $32.00.

Highwoods Properties Trading Down 1.7%

NYSE:HIW opened at $30.79 on Wednesday. The company has a market cap of $3.40 billion, a PE ratio of 18.22 and a beta of 1.08. The company has a current ratio of 2.08, a quick ratio of 2.08 and a debt-to-equity ratio of 1.38. The company has a 50 day simple moving average of $30.15 and a two-hundred day simple moving average of $27.56. Highwoods Properties has a 12 month low of $20.45 and a 12 month high of $35.44.

Highwoods Properties (NYSE:HIW - Get Free Report) last issued its quarterly earnings data on Tuesday, October 27th. The real estate investment trust reported $0.29 earnings per share for the quarter, beating analysts' consensus estimates of $0.21 by $0.08. The company had revenue of $218.18 million for the quarter, compared to the consensus estimate of $216.39 million. Highwoods Properties had a net margin of 22.56% and a return on equity of 7.68%. The firm's revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.86 earnings per share.

Highwoods Properties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 8th. Stockholders of record on Monday, November 16th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 6.5%. The ex-dividend date is Monday, November 16th. Highwoods Properties's dividend payout ratio (DPR) is currently 118.34%.

Institutional Investors Weigh In On Highwoods Properties

Several hedge funds and other institutional investors have recently modified their holdings of the stock. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Highwoods Properties in the second quarter worth approximately $1,966,000. SCS Capital Management LLC purchased a new stake in shares of Highwoods Properties in the second quarter worth $17,659,000. The Manufacturers Life Insurance Company purchased a new stake in shares of Highwoods Properties in the second quarter worth $1,649,000. WINTON GROUP Ltd bought a new stake in shares of Highwoods Properties during the 2nd quarter valued at $6,099,000. Finally, Hsbc Holdings PLC bought a new stake in shares of Highwoods Properties during the 2nd quarter valued at $7,062,000. 96.31% of the stock is currently owned by hedge funds and other institutional investors.

Key Highwoods Properties News

Here are the key news stories impacting Highwoods Properties this week:

• Positive Sentiment: A report headline says Highwoods raised its 2026 FFO outlook following Q3 results, which may support investor expectations. Highwoods Properties stock: 2026 FFO outlook raised after Q3
• Neutral Sentiment: Huntington Securities reiterated its “Hold” rating and forecast 2027 EPS of $3.65, slightly above its prior $3.64 estimate. Its quarterly estimates include $0.88 for Q1 2027 and $0.92 for Q2 and Q3. Highwoods Properties analyst coverage
• Negative Sentiment: The same analyst trimmed its 2026 EPS forecast to $3.54 from $3.55 and its 2028 forecast to $3.72 from $3.75. These modest reductions may temper the positive outlook signal. Highwoods Properties analyst coverage

Highwoods Properties Company Profile

Highwoods Properties, Inc NYSE: HIW is a real estate investment trust that owns, develops, leases and manages primarily office properties. Its portfolio includes office towers, campuses and mixed-use assets designed to serve businesses across a range of industries.

The company focuses on select high-growth markets in the U.S. Sun Belt, including Atlanta, Charlotte, Nashville, Orlando, Raleigh, Richmond and Tampa. In addition to leasing office space, Highwoods provides property management, development and tenant-support services for its buildings and commercial real estate customers.

Highwoods Properties is headquartered in Raleigh, North Carolina.

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