Highwoods Properties (HIW) Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Highwoods Properties in the last year. There are currently 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" HIW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HIW, but not buy additional shares or sell existing shares.
View HIW analyst ratings or view top-rated stocks.

7 Wall Street research analysts have issued 1 year target prices for Highwoods Properties' stock. Their HIW share price forecasts range from $22.00 to $35.00. On average, they anticipate the company's share price to reach $27.57 in the next twelve months. This suggests a possible upside of 29.9% from the stock's current price.
View analysts price targets for HIW or view top-rated stocks among Wall Street analysts.

Highwoods Properties' stock was trading at $27.98 at the beginning of the year. Since then, HIW shares have decreased by 24.1% and is now trading at $21.23.
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Highwoods Properties saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 4,830,000 shares, an increase of 18.7% from the August 15th total of 4,070,000 shares. Based on an average trading volume of 1,030,000 shares, the days-to-cover ratio is currently 4.7 days.
View Highwoods Properties' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023.
View our HIW earnings forecast.

Highwoods Properties, Inc. (NYSE:HIW) issued its quarterly earnings data on Tuesday, April, 26th. The real estate investment trust reported $0.38 EPS for the quarter, beating analysts' consensus estimates of $0.34 by $0.04. Highwoods Properties had a net margin of 18.41% and a trailing twelve-month return on equity of 6.26%. During the same quarter in the previous year, the firm earned $0.91 EPS.

Highwoods Properties declared a quarterly dividend on Wednesday, July 19th. Shareholders of record on Monday, August 21st will be paid a dividend of $0.50 per share on Tuesday, September 12th. This represents a $2.00 dividend on an annualized basis and a yield of 9.42%. The ex-dividend date of this dividend is Friday, August 18th.
Read our dividend analysis for HIW.

ETFs with the largest weight of Highwoods Properties (NYSE:HIW) stock in their portfolio include Global X SuperDividend REIT ETF (SRET), ALPS Active REIT ETF (REIT), U.S. Diversified Real Estate ETF (PPTY), Hoya Capital High Dividend Yield ETF (RIET), SPDR S&P Global Dividend ETF (WDIV), Invesco MSCI Green Building ETF (GBLD), Global X Green Building ETF (GRNR) and First Trust Small Cap Value AlphaDEX Fund (FYT).

Highwoods Properties (NYSE:HIW) pays an annual dividend of $2.00 per share and currently has a dividend yield of 8.78%. HIW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 138.89%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, HIW will have a dividend payout ratio of 53.48% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HIW.

Highwoods Properties updated its FY 2023 earnings guidance on Wednesday, July, 26th. The company provided earnings per share guidance of $3.69-$3.81 for the period, compared to the consensus estimate of $3.78. The company issued revenue guidance of -.

Based on aggregate information from My MarketBeat watchlists, some companies that other Highwoods Properties investors own include American Tower (AMT), Cisco Systems (CSCO), Bristol-Myers Squibb (BMY), NVIDIA (NVDA), AT&T (T), Pfizer (PFE), Prologis (PLD), Verizon Communications (VZ), Exxon Mobil (XOM) and Kraft Heinz (KHC).

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

Highwoods Properties' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Cohen & Steers Inc. (16.56%), BlackRock Inc. (12.06%), State Street Corp (6.51%), Daiwa Securities Group Inc. (2.20%), Franklin Resources Inc. (2.01%) and Geode Capital Management LLC (1.67%). Insiders that own company stock include Brendan C Maiorana, David John Hartzell, Jeffrey Douglas Miller, Mark F Mulhern, Theodore J Klinck and Thomas P Anderson.
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Shares of HIW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HIW stock can currently be purchased for approximately $21.23.

Highwoods Properties (NYSE:HIW) has a market capitalization of $2.24 billion and generates $828.93 million in revenue each year. The real estate investment trust earns $159.06 million in net income (profit) each year or $1.44 on an earnings per share basis.

The company employs 345 workers across the globe.

Highwoods Properties' mailing address is 3100 SMOKETREE COURT SUITE 600, RALEIGH NC, 27604. The official website for the company is www.highwoods.com. The real estate investment trust can be reached via phone at (919) 872-4924, via email at brendan.maiorana@highwoods.com, or via fax at 919-872-4924.