Highwoods Properties (HIW) Stock Price, News & Analysis

Company Overview

Highwoods Properties, Inc. is a publicly traded real estate investment trust (REIT) that acquires, develops, leases and manages office properties. The company’s portfolio is primarily focused on Class A office space, with an emphasis on high-quality buildings in key urban and suburban submarkets. Highwoods seeks to generate long-term, recurring revenues through a mix of in-place lease renewals, strategic dispositions and build-to-suit developments. Its asset management platform drives operational efficiencies and tenant service initiatives across its holdings.

Founded in 1970 and headquartered in Raleigh, North Carolina, Highwoods Properties has expanded its presence to eight major metropolitan regions across the Southeastern United States and Texas. Core markets include Raleigh-Durham, Charlotte, Atlanta, Tampa-St. Petersburg, Orlando, Nashville, Dallas and Houston. The company periodically evaluates additional growth opportunities, targeting markets that offer favorable demographic and employment trends. Through a disciplined approach to capital allocation, Highwoods pursues acquisitions, ground-up developments and value-add repositionings designed to enhance both income generation and long-term asset value.

Highwoods places a strong emphasis on sustainability, integrating energy-efficient design and green building practices into new developments and renovation projects. The company’s properties often feature amenities such as conference facilities, fitness centers and tenant lounges, reflecting its focus on workplace experience and tenant retention. In addition to core office leasing, Highwoods selectively pursues service-oriented tenants in sectors such as legal, financial services and technology.

Governance and oversight are provided by an experienced board of directors and a senior management team with deep expertise in commercial real estate investment and development. Financial discipline and a long-term perspective guide Highwoods’ capital strategy, which includes maintaining an investment-grade credit profile and prudent leverage. The company regularly engages with its institutional and local tenants to align asset performance with market dynamics and stakeholder expectations.

Key Stats

• Today's Range: $31.10 to $31.70
• 50-Day Range: $28.32 to $31.91
• 52-Week Range: $24.18 to $36.78
• Volume: 1.72 million shs
• Average Volume: 1.20 million shs
• Market Capitalization: $3.41 billion
• P/E Ratio: 26.50
• Dividend Yield: 6.34%
• Price Target: $32.00
• Consensus Rating: Hold

Highwoods Properties Stock Analysis - MarketRank™

Highwoods Properties scored higher than 62% of companies evaluated by MarketBeat, and ranked 510th out of 936 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.1 / 5
• Analyst Rating: Hold

Consensus Rating

Highwoods Properties has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 1 buy rating, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Highwoods Properties has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 6.85%

Earnings Growth

Earnings for Highwoods Properties are expected to grow by 6.85% in the coming year, from $3.36 to $3.59 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Highwoods Properties is 26.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 270.95.

Price to Earnings Ratio vs. Sector

The P/E ratio of Highwoods Properties is 26.50, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 229.12.

Price to Book Value per Share Ratio

Highwoods Properties has a P/B Ratio of 1.43. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.48% of the float of Highwoods Properties has been sold short.

Short Interest Ratio / Days to Cover

Highwoods Properties has a short interest ratio ("days to cover") of 6.

Change versus previous month

Short interest in Highwoods Properties has recently increased by 6.61%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Highwoods Properties is a leading dividend payer. It pays a dividend yield of 6.34%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Highwoods Properties does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Highwoods Properties is 168.07%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Highwoods Properties will have a dividend payout ratio of 55.71% next year. This indicates that Highwoods Properties will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.4 / 5
• Environmental Score: -2.25

Percentage of Shares Shorted

5.48% of the float of Highwoods Properties has been sold short.

Short Interest Ratio / Days to Cover

Highwoods Properties has a short interest ratio ("days to cover") of 6.

Change versus previous month

Short interest in Highwoods Properties has recently increased by 6.61%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 1.68

News Sentiment

Highwoods Properties has a news sentiment score of 1.68. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 1.23 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Highwoods Properties this week, compared to 6 articles on an average week.

Search Interest

7 people have searched for HIW on MarketBeat in the last 30 days. This is an increase of 40% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Highwoods Properties insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.90% of the stock of Highwoods Properties is held by insiders.

Percentage Held by Institutions

96.31% of the stock of Highwoods Properties is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

HIW Stock Analysis - Frequently Asked Questions

How have HIW shares performed this year?

Highwoods Properties' stock was trading at $30.58 at the start of the year. Since then, HIW stock has increased by 3.1% and is now trading at $31.5370.

How were Highwoods Properties' earnings last quarter?

Highwoods Properties, Inc. (NYSE:HIW) issued its earnings results on Tuesday, July, 29th. The real estate investment trust reported $0.89 earnings per share for the quarter, beating analysts' consensus estimates of $0.85 by $0.04. The company's quarterly revenue was down 2.0% compared to the same quarter last year.
Read the conference call transcript.

Who are Highwoods Properties' major shareholders?

Highwoods Properties' top institutional investors include State Street Corp (6.07%), Massachusetts Financial Services Co. MA (5.64%), Daiwa Securities Group Inc. (2.03%) and Geode Capital Management LLC (1.89%). Insiders that own company stock include Theodore J Klinck, Jeffrey Douglas Miller, Brian M Leary and Brendan C Maiorana.
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.

What other stocks do shareholders of Highwoods Properties own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Highwoods Properties investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Intel (INTC), Chevron (CVX), Meta Platforms (META), Verizon Communications (VZ) and Tesla (TSLA).

Company Calendar

• Record date for 6/10 Dividend: 5/19/2025
• Ex-Dividend for 6/10 Dividend: 5/19/2025
• Dividend Payable: 6/10/2025
• Last Earnings: 7/29/2025
• Record date for 9/9 Dividend: 8/18/2025
• Ex-Dividend for 9/9 Dividend: 8/18/2025
• Today: 9/01/2025
• Dividend Payable: 9/09/2025
• Next Earnings (Estimated): 10/28/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: REIT - EQTY TRUST - OTHER
• Sub-Industry: Office REITs
• Current Symbol: NYSE:HIW
• CIK: 921082
• Web: www.highwoods.com
• Phone: (919) 872-4924
• Fax: 919-872-4924
• Employees: 340
• Year Founded: 1978

Price Target and Rating

• Average Price Target for Highwoods Properties: $32.00
• High Price Target: $35.00
• Low Price Target: $30.00
• Potential Upside/Downside: +1.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.17
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.19
• Trailing P/E Ratio: 26.50
• Forward P/E Ratio: 9.39
• P/E Growth: N/A
• Net Income: $102.25 million
• Net Margins: 16.15%
• Pretax Margin: 16.22%
• Return on Equity: 5.57%
• Return on Assets: 2.16%

Debt

• Debt-to-Equity Ratio: 1.42
• Current Ratio: 1.38
• Quick Ratio: 1.38

Sales & Book Value

• Annual Sales: $825.86 million
• Price / Sales: 4.13
• Cash Flow: $3.85 per share
• Price / Cash Flow: 8.19
• Book Value: $22.04 per share
• Price / Book: 1.43

Miscellaneous

• Outstanding Shares: 108,070,000
• Free Float: 106,020,000
• Market Cap: $3.41 billion
• Optionable: Optionable
• Beta: 1.27