NYSE:HIW Highwoods Properties (HIW) Stock Forecast, Price & News $20.68 -0.08 (-0.39%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$20.47▼$20.9150-Day Range$19.82▼$23.5652-Week Range$19.45▼$39.48Volume1.29 million shsAverage Volume1.11 million shsMarket Capitalization$2.18 billionP/E Ratio13.70Dividend Yield9.67%Price Target$29.71 ProfileProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Highwoods Properties MarketRank™ ForecastAnalyst RatingHold2.29 Rating ScoreUpside/Downside43.7% Upside$29.71 Price TargetShort InterestHealthy2.29% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.25Upright™ Environmental ScoreNews Sentiment0.74Based on 9 Articles This WeekInsider TradingAcquiring Shares$99,050 Bought Last QuarterProj. Earnings Growth-1.32%From $3.80 to $3.75 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.85 out of 5 starsFinance Sector185th out of 901 stocksReal Estate Investment Trusts Industry21st out of 190 stocks 3.1 Analyst's Opinion Consensus RatingHighwoods Properties has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 2 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $29.71, Highwoods Properties has a forecasted upside of 43.7% from its current price of $20.68.Amount of Analyst CoverageHighwoods Properties has only been the subject of 3 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.29% of the float of Highwoods Properties has been sold short.Short Interest Ratio / Days to CoverHighwoods Properties has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Highwoods Properties has recently decreased by 28.10%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipHighwoods Properties is a leading dividend payer. It pays a dividend yield of 9.80%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHighwoods Properties does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Highwoods Properties is 132.45%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Highwoods Properties will have a dividend payout ratio of 53.33% next year. This indicates that Highwoods Properties will be able to sustain or increase its dividend. Previous Next 2.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreHighwoods Properties has received a 12.08% net impact score from Upright. Highwoods Properties seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Construction of logistics terminals", "Construction of offices", and "Construction of warehouses" products. See details.Environmental SustainabilityThe Environmental Impact score for Highwoods Properties is -2.25. Previous Next 2.1 News and Social Media Coverage News SentimentHighwoods Properties has a news sentiment score of 0.74. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Highwoods Properties this week, compared to 4 articles on an average week.Search InterestOnly 5 people have searched for HIW on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Highwoods Properties to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Highwoods Properties insiders have bought more of their company's stock than they have sold. Specifically, they have bought $99,050.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.60% of the stock of Highwoods Properties is held by insiders.Percentage Held by Institutions94.57% of the stock of Highwoods Properties is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Highwoods Properties are expected to decrease by -1.32% in the coming year, from $3.80 to $3.75 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Highwoods Properties is 13.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.36.Price to Earnings Ratio vs. SectorThe P/E ratio of Highwoods Properties is 13.70, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 159.85.Price to Book Value per Share RatioHighwoods Properties has a P/B Ratio of 0.89. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Highwoods Properties (NYSE:HIW) StockHighwoods Properties, Inc. operates as a real estate investment trust, which engages in the operation, acquisition and development of rental office properties. It operates through the following geographical segments: Atlanta, Charlotte, Nashville, Orlando, Raleigh, Richmond, and Tampa. The company was founded by Ronald P. Gibson in 1994 and is headquartered in Raleigh, NC.Read More Receive HIW Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Highwoods Properties and its competitors with MarketBeat's FREE daily newsletter. Email Address HIW Stock News HeadlinesMay 31, 2023 | seekingalpha.comHighwoods Properties sells two office buildings for $40.2MMay 31, 2023 | finance.yahoo.comHighwoods Announces $40.2M of Non-Core Asset SalesMay 31, 2023 | Legacy Research (Affiliate) (Ad)The “Amazon Secret Royalty Program” Can Help Anyone Retire Like RoyaltyA unique type of investment could help you make more money than you will need for the rest of your life. It’s what we call the “Amazon secret royalty program.” It’s an income stream that allows you to collect $1,000s… $10,000s… or more every year! Learn how to collect your first payout before June 13th.May 30, 2023 | msn.comMorgan Stanley Maintains Highwoods Properties (HIW) Equal-Weight RecommendationMay 30, 2023 | markets.businessinsider.comThe Latest Analyst Ratings for Highwoods PropsMay 26, 2023 | americanbankingnews.comAnalysts Set Highwoods Properties, Inc. (NYSE:HIW) PT at $29.71May 21, 2023 | msn.comHighwoods Properties: Risky Tenant Mix, Hold For NowMay 19, 2023 | bizjournals.comTop Colliers executive leaving to lead Atlanta market for Highwoods PropertiesMay 31, 2023 | Legacy Research (Affiliate) (Ad)Sell every Stock except ONE Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...May 18, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on Highwoods Properties (NYSE:HIW)May 15, 2023 | finance.yahoo.comHighwoods Publishes 2022 Corporate Resiliency ReportMay 13, 2023 | americanbankingnews.comZacks Research Brokers Decrease Earnings Estimates for Highwoods Properties, Inc. (NYSE:HIW)May 13, 2023 | msn.comCitigroup Maintains Highwoods Properties (HIW) Neutral RecommendationMay 10, 2023 | markets.businessinsider.comWhat 6 Analyst Ratings Have To Say About Highwoods PropsMay 4, 2023 | finance.yahoo.comHighwoods eyes Chamblee office for residential conversionMay 2, 2023 | seekingalpha.comHighwoods Properties: Nearly 9% Dividend And Over 30% Upside PotentialMay 2, 2023 | finance.yahoo.comHighwoods Properties, Inc. (NYSE:HIW) Q1 2023 Earnings Call TranscriptMay 1, 2023 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: Highwoods Properties (HIW) and Pebblebrook Hotel (PEB)April 27, 2023 | markets.businessinsider.comBTIG Reaffirms Their Hold Rating on Highwoods Properties (HIW)April 27, 2023 | finance.yahoo.comQ1 2023 Highwoods Properties Inc Earnings CallApril 27, 2023 | finance.yahoo.comQ1 2023 Highwoods Properties Inc Earnings CallApril 26, 2023 | bizjournals.comHighwoods sees profit rise, seeks to build cash reservesApril 25, 2023 | finance.yahoo.comHighwoods Announces Availability of First Quarter 2023 ResultsApril 25, 2023 | finance.yahoo.comHighwoods Properties (HIW) Beats Q1 FFO EstimatesApril 24, 2023 | markets.businessinsider.comHere's what Wall Street expects from Highwoods Properties's earningsApril 24, 2023 | americanbankingnews.comHighwoods Properties (HIW) to Release Earnings on TuesdayApril 22, 2023 | msn.comHighwoods Properties (HIW) Declares $0.50 DividendSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive HIW Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Highwoods Properties and its competitors with MarketBeat's FREE daily newsletter. Email Address HIW Company Calendar Last Earnings4/26/2022Ex-Dividend for 3/14 Dividend2/17/2023Dividend Payable3/14/2023Ex-Dividend for 6/13 Dividend5/19/2023Today5/31/2023Dividend Payable6/13/2023Next Earnings (Estimated)7/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryOffice REITs SectorFinance Current SymbolNYSE:HIW CUSIP43128410 CIK921082 Webwww.highwoods.com Phone(919) 872-4924Fax919-872-4924Employees348Year Founded1978Price Target and Rating Average Stock Price Forecast$29.71 High Stock Price Forecast$35.00 Low Stock Price Forecast$23.00 Forecasted Upside/Downside+43.7%Consensus RatingHold Rating Score (0-4)2.29 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$1.51 Trailing P/E Ratio13.70 Forward P/E Ratio5.44 P/E GrowthN/ANet Income$159.06 million Net Margins19.47% Pretax Margin19.97% Return on Equity6.56% Return on Assets2.75% Debt Debt-to-Equity Ratio1.33 Current Ratio1.32 Quick Ratio1.32 Sales & Book Value Annual Sales$828.93 million Price / Sales2.63 Cash Flow$4.34 per share Price / Cash Flow4.77 Book Value$23.31 per share Price / Book0.89Miscellaneous Outstanding Shares105,460,000Free Float103,771,000Market Cap$2.18 billion OptionableOptionable Beta1.13 Social Links Key ExecutivesTheodore J. KlinckPresident, Chief Executive Officer & DirectorBrian M. LearyChief Operating Officer & Executive Vice PresidentBrendan Colman MaioranaChief Financial Officer & Executive Vice PresidentRyan HuntChief Information Officer & Vice PresidentJeffrey Douglas MillerSecretary, Executive VP & General CounselKey CompetitorsEquity CommonwealthNYSE:EQCDouglas EmmettNYSE:DEICorporate Office Properties TrustNYSE:OFCSL Green RealtyNYSE:SLGKilroy RealtyNYSE:KRCView All CompetitorsInsiders & InstitutionsAmeriprise Financial Inc.Sold 500,678 shares on 5/22/2023Ownership: 0.348%JPMorgan Chase & Co.Sold 24,663 shares on 5/18/2023Ownership: 0.662%New York State Common Retirement FundSold 16,459 shares on 5/18/2023Ownership: 0.111%Harvest Portfolios Group Inc.Bought 2,125 shares on 5/18/2023Ownership: 0.010%Advisory Services Network LLCBought 759 shares on 5/17/2023Ownership: 0.032%View All Insider TransactionsView All Institutional Transactions HIW Stock - Frequently Asked Questions Should I buy or sell Highwoods Properties stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Highwoods Properties in the last year. There are currently 5 hold ratings and 2 buy ratings 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. What is Highwoods Properties' stock price forecast for 2023? 7 analysts have issued twelve-month price targets for Highwoods Properties' stock. Their HIW share price forecasts range from $23.00 to $35.00. On average, they expect the company's stock price to reach $29.71 in the next year. This suggests a possible upside of 43.7% from the stock's current price. View analysts price targets for HIW or view top-rated stocks among Wall Street analysts. How have HIW shares performed in 2023? Highwoods Properties' stock was trading at $27.98 on January 1st, 2023. Since then, HIW shares have decreased by 26.1% and is now trading at $20.68. View the best growth stocks for 2023 here. Are investors shorting Highwoods Properties? Highwoods Properties saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 2,380,000 shares, a drop of 28.1% from the April 30th total of 3,310,000 shares. Based on an average daily volume of 1,280,000 shares, the days-to-cover ratio is presently 1.9 days. Approximately 2.3% of the company's stock are short sold. View Highwoods Properties' Short Interest. When is Highwoods Properties' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023. View our HIW earnings forecast. How were Highwoods Properties' earnings last quarter? Highwoods Properties, Inc. (NYSE:HIW) posted its earnings results on Tuesday, April, 26th. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.04. Highwoods Properties had a trailing twelve-month return on equity of 6.56% and a net margin of 19.47%. During the same quarter last year, the business posted $0.91 EPS. How often does Highwoods Properties pay dividends? What is the dividend yield for Highwoods Properties? Highwoods Properties announced a quarterly dividend on Thursday, April 20th. Investors of record on Monday, May 22nd will be given a dividend of $0.50 per share on Tuesday, June 13th. This represents a $2.00 dividend on an annualized basis and a yield of 9.67%. The ex-dividend date of this dividend is Friday, May 19th. Read our dividend analysis for HIW. What ETFs hold Highwoods Properties' stock? ETFs with the largest weight of Highwoods Properties (NYSE:HIW) stock in their portfolio include ALPS Active REIT ETF (REIT), Global X SuperDividend REIT ETF (SRET), 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), Invesco S&P MidCap Low Volatility ETF (XMLV) and Global X Green Building ETF (GRNR). Is Highwoods Properties a good dividend stock? Highwoods Properties (NYSE:HIW) pays an annual dividend of $2.00 per share and currently has a dividend yield of 9.80%. HIW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 132.45%. 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 53.33% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for HIW. What guidance has Highwoods Properties issued on next quarter's earnings? Highwoods Properties updated its FY 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share (EPS) guidance of $3.68-$3.82 for the period, compared to the consensus earnings per share estimate of $3.76. The company issued revenue guidance of -. What other stocks do shareholders of Highwoods Properties own? 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). What is Highwoods Properties' stock symbol? Highwoods Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "HIW." Who are Highwoods Properties' major shareholders? Highwoods Properties' stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.87%), State Street Corp (6.61%), Daiwa Securities Group Inc. (2.23%), American Century Companies Inc. (1.67%), Geode Capital Management LLC (1.60%) and Charles Schwab Investment Management Inc. (1.50%). 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. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Highwoods Properties' stock price today? One share of HIW stock can currently be purchased for approximately $20.68. How much money does Highwoods Properties make? Highwoods Properties (NYSE:HIW) has a market capitalization of $2.18 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 $1.51 on an earnings per share basis. How many employees does Highwoods Properties have? The company employs 348 workers across the globe. How can I contact Highwoods Properties? 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. This page (NYSE:HIW) was last updated on 5/31/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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