Highwoods Properties (HIW) Expected to Announce Earnings on Tuesday

Highwoods Properties (NYSE:HIW - Get Free Report) is expected 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 released its earnings results on Tuesday, April 29th. The real estate investment trust reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.01. The business had revenue of $200.38 million during the quarter, compared to the consensus estimate of $201.31 million. Highwoods Properties had a return on equity of 7.43% and a net margin of 21.53%. The business's revenue for the quarter was down 5.2% compared to the same quarter last year. During the same period last year, the company earned $0.89 earnings per share. 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 Performance

HIW stock opened at $30.51 on Tuesday. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.50 and a quick ratio of 1.50. The business has a 50-day moving average price of $30.74 and a 200 day moving average price of $29.44. The company has a market capitalization of $3.29 billion, a P/E ratio of 8.51 and a beta of 1.21. Highwoods Properties has a 1-year low of $24.19 and a 1-year high of $36.78.

Highwoods Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Investors of record on Monday, May 19th were issued a $0.50 dividend. The ex-dividend date of this dividend was Monday, May 19th. This represents a $2.00 annualized dividend and a dividend yield of 6.56%. Highwoods Properties's payout ratio is currently 124.22%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on HIW. Wells Fargo & Company reduced their target price on shares of Highwoods Properties from $35.00 to $31.00 and set an "equal weight" rating for the company in a report on Monday, May 19th. Mizuho boosted their target price on shares of Highwoods Properties from $29.00 to $30.00 and gave the stock a "neutral" rating in a report on Monday, July 14th. Wall Street Zen upgraded Highwoods Properties from a "sell" rating to a "hold" rating in a research note on Wednesday, April 30th. Finally, Truist Financial lowered Highwoods Properties from a "buy" rating to a "hold" rating and set a $32.00 price target on the stock. in a research note on Wednesday, July 2nd. Six equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, Highwoods Properties presently has a consensus rating of "Hold" and a consensus price target of $32.00.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. grew its holdings in Highwoods Properties by 292.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,680 shares of the real estate investment trust's stock valued at $50,000 after buying an additional 1,252 shares in the last quarter. Empowered Funds LLC grew its holdings in Highwoods Properties by 10.4% in the 1st quarter. Empowered Funds LLC now owns 13,243 shares of the real estate investment trust's stock valued at $393,000 after buying an additional 1,248 shares in the last quarter. Royal Bank of Canada grew its holdings in Highwoods Properties by 12.7% in the 1st quarter. Royal Bank of Canada now owns 177,942 shares of the real estate investment trust's stock valued at $5,275,000 after buying an additional 19,998 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in Highwoods Properties by 15.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 822,655 shares of the real estate investment trust's stock valued at $24,383,000 after buying an additional 110,489 shares in the last quarter. 96.31% of the stock is owned by institutional investors and hedge funds.

About Highwoods Properties

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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