Highwoods Properties (NYSE:HIW - Get Free Report) is anticipated to release its Q2 2025 earnings data after the market closes on Tuesday, July 29th. Analysts expect Highwoods Properties to post earnings of $0.86 per share and revenue of $203.22 million for the quarter. Highwoods Properties has set its FY 2025 guidance at 3.310-3.470 EPS.
Highwoods Properties (NYSE:HIW - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The real estate investment trust reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.01. Highwoods Properties had a return on equity of 7.43% and a net margin of 21.53%. The business had revenue of $200.38 million for the quarter, compared to analysts' expectations of $201.31 million. During the same period last year, the firm earned $0.89 earnings per share. The company's revenue for the quarter was down 5.2% compared to the same quarter last year. On average, analysts expect Highwoods Properties to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Highwoods Properties Stock Down 0.0%
Highwoods Properties stock traded down $0.01 during midday trading on Friday, reaching $30.22. The company's stock had a trading volume of 734,286 shares, compared to its average volume of 695,703. Highwoods Properties has a fifty-two week low of $24.18 and a fifty-two week high of $36.78. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 1.40. The company has a market cap of $3.26 billion, a P/E ratio of 18.77 and a beta of 1.21. The business has a 50-day simple moving average of $30.75 and a 200-day simple moving average of $29.47.
Highwoods Properties Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 9th. Shareholders of record on Monday, August 18th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 6.62%. The ex-dividend date is Monday, August 18th. Highwoods Properties's payout ratio is 124.22%.
Institutional Investors Weigh In On Highwoods Properties
Institutional investors have recently modified their holdings of the stock. Geneos Wealth Management Inc. raised its stake in Highwoods Properties by 292.5% during the first quarter. Geneos Wealth Management Inc. now owns 1,680 shares of the real estate investment trust's stock worth $50,000 after acquiring an additional 1,252 shares during the period. Empowered Funds LLC increased its stake in shares of Highwoods Properties by 10.4% in the first quarter. Empowered Funds LLC now owns 13,243 shares of the real estate investment trust's stock valued at $393,000 after purchasing an additional 1,248 shares during the period. Royal Bank of Canada increased its stake in shares of Highwoods Properties by 12.7% in the first quarter. Royal Bank of Canada now owns 177,942 shares of the real estate investment trust's stock valued at $5,275,000 after purchasing an additional 19,998 shares during the period. Finally, Goldman Sachs Group Inc. increased its stake in shares of Highwoods Properties by 15.5% in the first quarter. Goldman Sachs Group Inc. now owns 822,655 shares of the real estate investment trust's stock valued at $24,383,000 after purchasing an additional 110,489 shares during the period. Institutional investors and hedge funds own 96.31% of the company's stock.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on HIW. Wall Street Zen raised Highwoods Properties from a "sell" rating to a "hold" rating in a report on Wednesday, April 30th. Mizuho lifted their price target on shares of Highwoods Properties from $29.00 to $30.00 and gave the company a "neutral" rating in a research report on Monday, July 14th. Truist Financial downgraded shares of Highwoods Properties from a "buy" rating to a "hold" rating and set a $32.00 price target for the company. in a research report on Wednesday, July 2nd. Finally, Wells Fargo & Company reduced their price target on shares of Highwoods Properties from $35.00 to $31.00 and set an "equal weight" rating for the company in a research report on Monday, May 19th. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat, Highwoods Properties currently has an average rating of "Hold" and a consensus target price of $32.00.
Check Out Our Latest Report on Highwoods Properties
About Highwoods Properties
(
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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.
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