Highwoods Properties Company Profile (NYSE:HIW)

About Highwoods Properties

Highwoods Properties logoHighwoods Properties, Inc. is a real estate investment trust. The Company provides leasing, management, development, construction and other customer-related services for its properties and for third-parties. The Company is engaged in the business of operation, acquisition and development of real estate properties. The Company conducts its activities through Highwoods Realty Limited Partnership. The Company provides real estate services to its customers. The Company's portfolio consists of office properties in Raleigh, Atlanta, Tampa, Nashville, Memphis, Pittsburgh, Richmond and Orlando, office and industrial properties in Greensboro and retail and office properties in Kansas City. The Company operates office, industrial, retail and residential properties. The Company holds interest in approximately 30 million rentable square feet of in-service properties, over 1.5 million rentable square feet of properties under development and approximately 500 acres of development land.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Office
  • Sub-Industry: Office REITs
  • Exchange: NYSE
  • Symbol: HIW
  • CUSIP: 43128410
Key Metrics:
  • Previous Close: $50.55
  • 50 Day Moving Average: $51.15
  • 200 Day Moving Average: $50.65
  • 52-Week Range: $98,611,000.00 - $38.08
  • Trailing P/E Ratio: 9.33
  • Foreward P/E Ratio: 14.48
  • P/E Growth: 4.90
  • Market Cap: $4.92B
  • Outstanding Shares: 98,611,000
  • Beta: 0.89
  • Net Margins: 78.77%
  • Return on Equity: 5.22%
  • Return on Assets: 2.11%
  • Debt-to-Equity Ratio: 1.01%
  • Current Ratio: 1.93%
  • Quick Ratio: 1.93%
Additional Links:
Companies Related to Highwoods Properties:

Analyst Ratings

Consensus Ratings for Highwoods Properties (NYSE:HIW) (?)
Ratings Breakdown: 8 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.27)
Consensus Price Target: $52.89 (5.90% upside)

Analysts' Ratings History for Highwoods Properties (NYSE:HIW)
DateFirmActionRatingPrice TargetDetails
8/25/2016BTIG ResearchInitiated CoverageNeutralView Rating Details
8/4/2016Wood & CompanyReiterated RatingBuy$62.00View Rating Details
8/3/2016Oppenheimer Holdings Inc.Boost Price TargetOutperform$55.00 -> $62.00View Rating Details
7/15/2016SunTrust Banks Inc.Boost Price TargetNeutral$48.00 -> $53.00View Rating Details
7/7/2016Citigroup Inc.Boost Price TargetNeutral$47.00 -> $52.00View Rating Details
6/5/2016Capital One Financial Corp.DowngradeOverweight -> Equal WeightView Rating Details
5/12/2016Morgan StanleyDowngradeOverweight -> Equal$47.00 -> $50.00View Rating Details
4/22/2016Jefferies GroupDowngradeBuy -> Hold$49.00 -> $50.00View Rating Details
1/7/2016Barclays PLCDowngradeOverweight -> Equal WeightView Rating Details
1/7/2016Robert W. BairdDowngradeOutperform -> Neutral$47.00View Rating Details
11/13/2015BB&T Corp.Initiated CoverageHold$48.00View Rating Details
10/28/2015DA DavidsonBoost Price TargetBuy$52.00View Rating Details
6/25/2015Stifel NicolausDowngradeBuy -> HoldView Rating Details
2/15/2015MLV & Co.Reiterated RatingHold$47.00View Rating Details
1/23/2015SusquehannaDowngradeBuy -> Neutral$47.00 -> $50.00View Rating Details
(Data available from 10/23/2014 forward)


Earnings History for Highwoods Properties (NYSE:HIW)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2016Q316$0.81$169.05 millionN/AView Earnings Details
8/3/2016Q2$0.80$0.82$164.24 million$166.86 millionViewN/AView Earnings Details
4/26/2016Q116$0.79$0.82$165.74 million$164.90 millionViewN/AView Earnings Details
2/9/2016Q415$0.81$0.82$170.89 million$160.13 millionViewN/AView Earnings Details
10/27/2015Q315$0.77$0.77$162.56 million$163.70 millionViewListenView Earnings Details
8/4/2015Q215$0.76$0.77$159.79 million$161.10 millionViewN/AView Earnings Details
4/28/2015Q115$0.72$0.72$156.43 million$157.30 millionViewN/AView Earnings Details
2/10/2015Q414$0.74$0.74$154.77 millionViewN/AView Earnings Details
10/28/2014Q314$0.73$0.71$153.20 million$152.63 millionViewN/AView Earnings Details
7/29/2014Q214$0.73$0.80$149.72 million$152.72 millionViewN/AView Earnings Details
4/29/2014Q114$0.71$0.66$145.50 million$148.45 millionViewN/AView Earnings Details
2/10/2014Q413$0.73$0.74$149.84 million$149.00 millionViewN/AView Earnings Details
10/30/2013Q313$0.70$0.71$139.70 million$147.29 millionViewListenView Earnings Details
7/26/2013Q213$0.69$0.70$137.40 million$138.50 millionViewListenView Earnings Details
4/30/2013Q113$0.69$0.68$136.14 millionViewN/AView Earnings Details
2/12/2013$0.68$0.68$130.26 million$133.90 millionViewN/AView Earnings Details
10/30/2012Q312$0.65$0.66ViewN/AView Earnings Details
2/7/2012$0.69$0.70ViewN/AView Earnings Details
10/27/2011$0.60$0.65ViewN/AView Earnings Details
5/2/2011$0.61$0.61ViewN/AView Earnings Details
2/9/2011$0.61$0.63ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Highwoods Properties (NYSE:HIW)
Current Year EPS Consensus Estimate: $3.26 EPS
Next Year EPS Consensus Estimate: $3.45 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20165$0.77$0.81$0.79
Q2 20165$0.78$0.82$0.80
Q3 20165$0.80$0.82$0.81
Q4 20165$0.80$0.83$0.82
Q1 20174$0.79$0.82$0.81
Q2 20174$0.83$0.88$0.86
Q3 20174$0.86$0.89$0.88
Q4 20172$0.89$0.89$0.89
(Data provided by Zacks Investment Research)


Current Dividend Information for Highwoods Properties (NYSE:HIW)
Annual Dividend:$1.70
Dividend Yield:3.40%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:31.89% (Based on Trailing 12 Months of Earnings)
52.15% (Based on Current Year Consensus EPS Estimate)
49.28% (Based on Next Year Consensus EPS Estimate)

Dividend History for Highwoods Properties (NYSE:HIW)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Highwoods Properties (NYSE:HIW)
Insider Ownership Percentage: 2.10%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/26/2016Jeffrey Douglas MillerSVPSell4,214$52.52$221,319.28View SEC Filing  
7/1/2016Edward J FritschCEOSell85,822$52.27$4,485,915.94View SEC Filing  
6/29/2016Jeffrey Douglas MillerSVPSell12,000$51.46$617,520.00View SEC Filing  
6/16/2016Edward J FritschCEOSell24,656$49.36$1,217,020.16View SEC Filing  
5/26/2016Sherry A KellettDirectorSell7,600$47.32$359,632.00View SEC Filing  
5/9/2016Mark F MulhernCFOSell12,124$48.75$591,045.00View SEC Filing  
5/9/2016Theodore J KlinckCOOSell12,397$48.86$605,717.42View SEC Filing  
3/18/2016Edward J FritschCEOSell29,323$47.10$1,381,113.30View SEC Filing  
3/7/2016Jeffrey Douglas MillerSVPSell11,744$46.27$543,394.88View SEC Filing  
6/5/2015Carlos E EvansDirectorBuy5,000$41.33$206,650.00View SEC Filing  
3/2/2015Jeffrey Douglas MillerSVPSell19,036$46.13$878,130.68View SEC Filing  
12/2/2014Edward J FritschCEOSell63,302$43.48$2,752,370.96View SEC Filing  
12/1/2014Edward J FritschCEOSell36,280$43.46$1,576,728.80View SEC Filing  
8/19/2014Terry L StevensCFOSell11,215$42.39$475,403.85View SEC Filing  
8/1/2014Jeffrey Douglas MillerVPSell4,000$42.25$169,000.00View SEC Filing  
5/15/2014David John HartzellDirectorSell10,000$40.24$402,400.00View SEC Filing  
5/14/2014Sherry KellettDirectorSell10,000$41.19$411,900.00View SEC Filing  
5/5/2014Edward FritschCEOSell106,897$40.34$4,312,224.98View SEC Filing  
6/17/2013Gene H AndersonDirectorSell63,390$35.91$2,276,334.90View SEC Filing  
5/7/2013Michael E HarrisCOOSell50,000$41.06$2,053,000.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Highwoods Properties (NYSE:HIW)
seekingalpha.com logoHighwoods Properties Inc declares $0.425 dividend (NYSE:HIW)
seekingalpha.com - October 21 at 8:37 AM
publicnow.com logoHighwoods Declares Dividends for Quarter Ended September 30 2016 (NYSE:HIW)
www.publicnow.com - October 20 at 5:29 PM
publicnow.com logoHighwoods to Release 2016 Third Quarter Results Tuesday, October 25th (NYSE:HIW)
www.publicnow.com - October 17 at 5:24 PM
News IconUpdate on Highwoods Properties Inc. (NYSE:HIW) for the day (NYSE:HIW)
twincountynews.com - October 14 at 5:18 PM
nasdaq.com logoHighwoods Properties Becomes Oversold (HIW) (NYSE:HIW)
www.nasdaq.com - October 5 at 5:21 PM
streetinsider.com logoHighwoods Properties (HIW) Acquires CBD Raleigh-Based Office Tower; Updates on ATM Program (NYSE:HIW)
www.streetinsider.com - September 28 at 5:16 PM
finance.yahoo.com logoHighwoods Properties (HIW) Buys Office Tower in CBD Raleigh (NYSE:HIW)
finance.yahoo.com - September 28 at 5:16 PM
bizjournals.com logoSold: Charter Square sale finalized (NYSE:HIW)
www.bizjournals.com - September 28 at 10:17 AM
bizjournals.com logoSources: Prominent downtown Raleigh tower has found a buyer (NYSE:HIW)
www.bizjournals.com - September 26 at 5:32 PM
marketnewsvideo.com logoHighwoods Properties Larger Than S&P 500 Component AutoNation (NYSE:HIW)
www.marketnewsvideo.com - September 15 at 8:33 AM
zacks.com logoHighwoods (HIW) Inks Build-to-Suit Deal with Virginia Urology (NYSE:HIW)
www.zacks.com - September 14 at 9:41 AM
forbes.com logoHighwoods Properties is Now Oversold (HIW) (NYSE:HIW)
www.forbes.com - September 13 at 4:51 PM
4-traders.com logoHighwoods Properties : Awarded Build-to-Suit in Richmond (NYSE:HIW)
www.4-traders.com - September 13 at 10:13 AM
publicnow.com logoHighwoods Properties Awarded Build-to-Suit in Richmond (NYSE:HIW)
www.publicnow.com - September 13 at 10:13 AM
capitalcube.com logoHighwoods Properties, Inc. breached its 50 day moving average in a Bullish Manner : HIW-US : September 7, 2016 (NYSE:HIW)
www.capitalcube.com - September 7 at 8:53 AM
capitalcube.com logoETF’s with exposure to Highwoods Properties, Inc. : August 23, 2016 (NYSE:HIW)
www.capitalcube.com - August 23 at 5:36 PM
capitalcube.com logoHighwoods Properties, Inc. breached its 50 day moving average in a Bearish Manner : HIW-US : August 22, 2016 (NYSE:HIW)
www.capitalcube.com - August 22 at 10:03 AM
capitalcube.com logoHighwoods Properties, Inc. :HIW-US: Earnings Analysis: Q2, 2016 By the Numbers : August 9, 2016 (NYSE:HIW)
www.capitalcube.com - August 9 at 4:15 PM
finance.yahoo.com logoHIGHWOODS PROPERTIES INC Financials (NYSE:HIW)
finance.yahoo.com - August 9 at 4:15 PM
bizjournals.com logoWith new owners and an $8M makeover, prominent downtown Raleigh building has a new name (NYSE:HIW)
www.bizjournals.com - August 4 at 5:43 PM
finance.yahoo.com logoEdited Transcript of HIW earnings conference call or presentation 3-Aug-16 3:00pm GMT (NYSE:HIW)
finance.yahoo.com - August 4 at 8:23 AM
seekingalpha.com logoHighwoods Properties' (HIW) CEO Edward Fritsch on Q2 2016 Results - Earnings Call Transcript (NYSE:HIW)
seekingalpha.com - August 3 at 5:44 PM
bizjournals.com logoHighwoods Properties details $75M giveaway to shareholders, new buildings and new deals (NYSE:HIW)
www.bizjournals.com - August 3 at 5:44 PM
bizjournals.com logoFive things to know today, and say hello to Pittsburgh's newest public company (NYSE:HIW)
www.bizjournals.com - August 3 at 8:34 AM
zacks.com logoHighwoods (HIW) Q2 FFO & Revenues Beat Estimates, Up Y/Y (NYSE:HIW)
www.zacks.com - August 3 at 8:34 AM
marketwired.com logoHighwoods Announces Availability of Second Quarter 2016 Results (NYSE:HIW)
www.marketwired.com - August 2 at 5:40 PM
rttnews.com logoHighwoods Properties Inc. Earnings Rise 9% In Q2 (NYSE:HIW)
www.rttnews.com - August 2 at 5:40 PM
sg.finance.yahoo.com logoHighwoods Properties reports 2Q results (NYSE:HIW)
sg.finance.yahoo.com - August 2 at 5:40 PM
biz.yahoo.com logoQ2 2016 Highwoods Properties Inc Earnings Release - After Market Close (NYSE:HIW)
biz.yahoo.com - August 2 at 10:13 AM
finanznachrichten.de logoHighwoods to Release 2016 Second Quarter Results Tuesday, August 2nd / Conference Call Wednesday, August 3rd, at 11:00 A.M. (NYSE:HIW)
www.finanznachrichten.de - July 27 at 5:43 PM
4-traders.com logoHighwoods Properties : Declares Quarterly Dividends (NYSE:HIW)
www.4-traders.com - July 27 at 5:43 PM
finance.yahoo.com logoHighwoods Declares Quarterly Dividends (NYSE:HIW)
finance.yahoo.com - July 27 at 4:15 PM
finance.yahoo.com logoHighwoods to Release 2016 Second Quarter Results Tuesday, August 2nd (NYSE:HIW)
finance.yahoo.com - July 26 at 4:10 PM
bizjournals.com logoDeveloper plans for Trolley Barns: Offices, residential tower and a lot of retail (NYSE:HIW)
www.bizjournals.com - July 12 at 5:43 PM
nasdaq.com logoHIW February 2017 Options Begin Trading (NYSE:HIW)
www.nasdaq.com - June 20 at 5:13 PM
capitalcube.com logoETF’s with exposure to Highwoods Properties, Inc. : June 20, 2016 (NYSE:HIW)
www.capitalcube.com - June 20 at 2:33 PM
bizjournals.com logoHighwoods executive hired as new business operations chief for U.S. Olympic Committee (NYSE:HIW)
www.bizjournals.com - June 16 at 11:03 AM
biz.yahoo.com logoHIGHWOODS PROPERTIES INC Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:HIW)
biz.yahoo.com - June 15 at 4:17 PM
bizjournals.com logoREIT - Office Equities Technical Momentum -- Parkway Properties, DuPont Fabros Technology, Piedmont Office Realty Trust, and Highwoods Properties (NYSE:HIW)
www.bizjournals.com - June 14 at 10:14 AM
bizjournals.com logoNashville's office titan still knocking on downtown's door (NYSE:HIW)
www.bizjournals.com - June 9 at 1:20 PM
nasdaq.com logoNotable ETF Outflow Detected - IWN, THS, POST, HIW (NYSE:HIW)
www.nasdaq.com - June 6 at 5:20 PM
finance.yahoo.com logoUPDATE: Highwoods to Present at REITWeek: NAREIT's Investor Forum (NYSE:HIW)
finance.yahoo.com - June 6 at 5:14 PM
finance.yahoo.com logoHighwoods to Present at REITWeek: NAREIT's Investor Forum (NYSE:HIW)
finance.yahoo.com - June 6 at 4:15 PM
capitalcube.com logoHighwoods Properties, Inc. breached its 50 day moving average in a Bearish Manner : HIW-US : May 18, 2016 (NYSE:HIW)
www.capitalcube.com - May 18 at 8:39 AM
benzinga.com logoMorgan Stanley Downgrades Highwoods To Equal-Weight On Falling Margins, Priced-In Defensiveness (NYSE:HIW)
www.benzinga.com - May 13 at 9:02 AM
biz.yahoo.com logoHIGHWOODS PROPERTIES INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NYSE:HIW)
biz.yahoo.com - May 11 at 4:17 PM
thestreet.com logoNew Lifetime High Today: Highwoods Properties (HIW) (NYSE:HIW)
www.thestreet.com - May 10 at 8:52 AM
capitalcube.com logoHighwoods Properties, Inc. :HIW-US: Earnings Analysis: Q1, 2016 By the Numbers (NYSE:HIW)
www.capitalcube.com - May 4 at 10:27 AM
finance.yahoo.com logoEdited Transcript of HIW earnings conference call or presentation 27-Apr-16 3:00pm GMT (NYSE:HIW)
finance.yahoo.com - April 27 at 5:49 PM
finance.yahoo.com logoHighwoods (HIW) Q1 FFO Beats Estimates, Revenues Miss (NYSE:HIW)
finance.yahoo.com - April 27 at 11:17 AM


Highwoods Properties (NYSE:HIW) Chart for Sunday, October, 23, 2016

Last Updated on 10/23/2016 by MarketBeat.com Staff