NYSE:HIW - Highwoods Properties Stock Price, News, & Analysis

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$46.88 +0.57 (+1.23 %)
(As of 02/19/2019 06:00 AM ET)
Previous Close$46.3108
Today's Range$46.4433 - $46.93
52-Week Range$37.09 - $52.00
Volume660,267 shs
Average Volume812,302 shs
Market Capitalization$4.85 billion
P/E Ratio13.59
Dividend Yield3.95%
Beta0.99
Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW) real estate investment trust (“REIT”) and a member of the S&P MidCap 400 Index. The Company is a fully-integrated office REIT that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Greensboro, Memphis, Nashville, Orlando, Pittsburgh, Raleigh, Richmond and Tampa.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
CUSIP43128410
Phone919-872-4924

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$720.03 million
Cash Flow$3.9002 per share
Book Value$21.59 per share

Profitability

Net Income$171.83 million

Miscellaneous

Employees442
Market Cap$4.85 billion
OptionableOptionable

Highwoods Properties (NYSE:HIW) Frequently Asked Questions

What is Highwoods Properties' stock symbol?

Highwoods Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "HIW."

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

Highwoods Properties announced a quarterly dividend on Tuesday, February 5th. Shareholders of record on Tuesday, February 19th will be given a dividend of $0.475 per share on Tuesday, March 5th. This represents a $1.90 dividend on an annualized basis and a yield of 4.05%. The ex-dividend date of this dividend is Friday, February 15th. This is a boost from Highwoods Properties's previous quarterly dividend of $0.46. View Highwoods Properties' Dividend History.

How were Highwoods Properties' earnings last quarter?

Highwoods Properties Inc (NYSE:HIW) released its quarterly earnings results on Tuesday, February, 5th. The real estate investment trust reported $0.86 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.86. The real estate investment trust earned $1.85 billion during the quarter, compared to the consensus estimate of $176.79 million. Highwoods Properties had a net margin of 23.69% and a return on equity of 7.68%. The business's revenue was up 952.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.84 earnings per share. View Highwoods Properties' Earnings History.

When is Highwoods Properties' next earnings date?

Highwoods Properties is scheduled to release their next quarterly earnings announcement on Tuesday, April 23rd 2019. View Earnings Estimates for Highwoods Properties.

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

Highwoods Properties updated its FY19 earnings guidance on Tuesday, February, 5th. The company provided EPS guidance of $3.44-3.56 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.50.

What price target have analysts set for HIW?

8 equities research analysts have issued 12-month price targets for Highwoods Properties' shares. Their predictions range from $46.00 to $60.00. On average, they anticipate Highwoods Properties' stock price to reach $52.80 in the next year. This suggests a possible upside of 12.6% from the stock's current price. View Analyst Price Targets for Highwoods Properties.

What is the consensus analysts' recommendation for Highwoods Properties?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Highwoods Properties in the last year. There are currently 1 sell rating, 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Highwoods Properties.

Has Highwoods Properties been receiving favorable news coverage?

Press coverage about HIW stock has trended neutral this week, InfoTrie Sentiment reports. The research firm scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Highwoods Properties earned a daily sentiment score of 0.4 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the near future.

Are investors shorting Highwoods Properties?

Highwoods Properties saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 2,187,973 shares, an increase of 52.5% from the January 15th total of 1,434,466 shares. Based on an average daily volume of 826,086 shares, the days-to-cover ratio is presently 2.6 days. Currently, 2.2% of the shares of the stock are sold short. View Highwoods Properties' Current Options Chain.

Who are some of Highwoods Properties' key competitors?

Who are Highwoods Properties' key executives?

Highwoods Properties' management team includes the folowing people:
  • Mr. Edward J. Fritsch, CEO & Director (Age 60)
  • Mr. Theodore J. Klinck, Pres & COO (Age 53)
  • Mr. Mark F. Mulhern CPA, Exec. VP & CFO (Age 59)
  • Mr. Jeffrey D. Miller, Exec. VP, Gen. Counsel & Sec. (Age 48)
  • Mr. Daniel L. Clemmens CPA, VP & Chief Accounting Officer

Who are Highwoods Properties' major shareholders?

Highwoods Properties' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.64%), Bank of New York Mellon Corp (1.77%), Macquarie Group Ltd. (1.67%), Dimensional Fund Advisors LP (1.55%), Oregon Public Employees Retirement Fund (1.52%) and Geode Capital Management LLC (1.26%). Company insiders that own Highwoods Properties stock include Carlos E Evans, Jeffrey Douglas Miller, Mark F Mulhern, Sherry A Kellett and Theodore J Klinck. View Institutional Ownership Trends for Highwoods Properties.

Which major investors are selling Highwoods Properties stock?

HIW stock was sold by a variety of institutional investors in the last quarter, including Standard Life Aberdeen plc, Nuveen Asset Management LLC, BlackRock Inc., Northern Trust Corp, Bank of America Corp DE, Duff & Phelps Investment Management Co., Principal Financial Group Inc. and Securian Asset Management Inc. Company insiders that have sold Highwoods Properties company stock in the last year include Jeffrey Douglas Miller and Mark F Mulhern. View Insider Buying and Selling for Highwoods Properties.

Which major investors are buying Highwoods Properties stock?

HIW stock was purchased by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Millennium Management LLC, Thrivent Financial for Lutherans, D. E. Shaw & Co. Inc., Sumitomo Mitsui Asset Management Company LTD, BTIM Corp., Hill Winds Capital LP and Geode Capital Management LLC. View Insider Buying and Selling for Highwoods Properties.

How do I buy shares of Highwoods Properties?

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

What is Highwoods Properties' stock price today?

One share of HIW stock can currently be purchased for approximately $46.88.

How big of a company is Highwoods Properties?

Highwoods Properties has a market capitalization of $4.85 billion and generates $720.03 million in revenue each year. The real estate investment trust earns $171.83 million in net income (profit) each year or $3.45 on an earnings per share basis. Highwoods Properties employs 442 workers across the globe.

What is Highwoods Properties' official website?

The official website for Highwoods Properties is http://www.highwoods.com.

How can I contact Highwoods Properties?

Highwoods Properties' mailing address is 3100 SMOKETREE COURT SUITE 600, RALEIGH NC, 27604. The real estate investment trust can be reached via phone at 919-872-4924 or via email at [email protected]


MarketBeat Community Rating for Highwoods Properties (NYSE HIW)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  285 (Vote Outperform)
Underperform Votes:  307 (Vote Underperform)
Total Votes:  592
MarketBeat's community ratings are surveys of what our community members think about Highwoods Properties and other stocks. Vote "Outperform" if you believe HIW will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HIW will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/19/2019 by MarketBeat.com Staff

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