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

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$41.33 -0.99 (-2.34 %)
(As of 12/13/2018 03:49 AM ET)
Previous Close$42.32
Today's Range$41.32 - $43.05
52-Week Range$41.32 - $52.58
Volume585,500 shs
Average Volume684,427 shs
Market Capitalization$4.49 billion
P/E Ratio12.60
Dividend Yield4.35%
Beta0.8
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

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
Current SymbolNYSE:HIW
Previous Symbol
CUSIP43128410
Phone919-872-4924

Debt

Debt-to-Equity Ratio0.94
Current Ratio1.13
Quick Ratio1.13

Price-To-Earnings

Trailing P/E Ratio12.60
Forward P/E Ratio12.01
P/E Growth3.04

Sales & Book Value

Annual Sales$702.74 million
Price / Sales6.09
Cash Flow$3.8269 per share
Price / Cash Flow10.80
Book Value$21.39 per share
Price / Book1.93

Profitability

EPS (Most Recent Fiscal Year)$3.28
Net Income$185.36 million
Net Margins24.37%
Return on Equity7.87%
Return on Assets3.73%

Miscellaneous

Employees441
Outstanding Shares103,490,000
Market Cap$4.49 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 declared a quarterly dividend on Thursday, October 18th. Investors of record on Monday, November 12th will be paid a dividend of $0.4625 per share on Tuesday, December 4th. This represents a $1.85 annualized dividend and a dividend yield of 4.48%. The ex-dividend date is Thursday, November 8th. View Highwoods Properties' Dividend History.

How were Highwoods Properties' earnings last quarter?

Highwoods Properties Inc (NYSE:HIW) issued its earnings results on Tuesday, October, 23rd. The real estate investment trust reported $0.32 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.32. The real estate investment trust earned $179.42 million during the quarter, compared to the consensus estimate of $173.78 million. Highwoods Properties had a return on equity of 7.87% and a net margin of 24.37%. The company's revenue was down .4% on a year-over-year basis. During the same period last year, the firm earned $0.86 EPS. 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, February 5th 2019. View Earnings Estimates for Highwoods Properties.

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

Highwoods Properties issued an update on its FY18 earnings guidance on Tuesday, October, 23rd. The company provided earnings per share guidance of $3.42-3.45 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.43.

What price target have analysts set for HIW?

6 brokerages have issued twelve-month price objectives for Highwoods Properties' shares. Their forecasts range from $46.00 to $60.00. On average, they expect Highwoods Properties' stock price to reach $52.80 in the next twelve months. This suggests a possible upside of 27.8% from the stock's current price. View Analyst Price Targets for Highwoods Properties.

What is the consensus analysts' recommendation for Highwoods Properties?

6 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 4 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?

Media headlines about HIW stock have trended neutral on Thursday, InfoTrie reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Highwoods Properties earned a media sentiment score of 0.3 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an effect on the stock's share price in the near term.

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, Pres, CEO & Director (Age 59)
  • Mr. Mark F. Mulhern CPA, Exec. VP & CFO (Age 58)
  • Mr. Theodore J. Klinck, Exec. VP, Chief Operating & Investment Officer (Age 52)
  • Mr. Jeffrey D. Miller, Exec. VP, Gen. Counsel & Sec. (Age 47)
  • 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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (14.81%), BlackRock Inc. (13.90%), JPMorgan Chase & Co. (4.05%), FMR LLC (3.34%), Brookfield Asset Management Inc. (2.50%) and Bank of New York Mellon Corp (1.81%). Company insiders that own Highwoods Properties stock include 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 Prudential Financial Inc., Bank of Montreal Can, FMR LLC, Duff & Phelps Investment Management Co., Brookfield Asset Management Inc., TIAA CREF Investment Management LLC, Securian Asset Management Inc and Morgan Stanley. 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 bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Renaissance Technologies LLC, NN Investment Partners Holdings N.V., Standard Life Aberdeen plc, Standard Life Aberdeen plc, Deutsche Bank AG, BlackRock Inc. and Retirement Systems of Alabama. 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 $41.33.

How big of a company is Highwoods Properties?

Highwoods Properties has a market capitalization of $4.49 billion and generates $702.74 million in revenue each year. The real estate investment trust earns $185.36 million in net income (profit) each year or $3.28 on an earnings per share basis. Highwoods Properties employs 441 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:  273 (Vote Outperform)
Underperform Votes:  290 (Vote Underperform)
Total Votes:  563
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 12/13/2018 by MarketBeat.com Staff

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