Highwoods Properties Company Profile (NYSE:HIW)

About Highwoods Properties (NYSE:HIW)

Highwoods Properties logoHighwoods Properties, Inc. is an office real estate investment trust (REIT). The Company's primary business is the operation, acquisition and development of office properties. The Company's segments include Office and Other. The Company 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. The Company conducts its activities through Highwoods Realty Limited Partnership (the Operating Partnership). The Company offers a range of real estate services to its customers. The Company offers services, including asset management, construction management, design and space planning, and renovation and re-positioning. The Company provides its customers with services, such as build-to-suit construction and space modification, including tenant improvements and expansions.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Office REITs
  • Sub-Industry: Office REITs
  • Symbol: NYSE:HIW
  • CUSIP: 43128410
  • Web: www.highwoods.com
  • Market Cap: $5.45 billion
  • Outstanding Shares: 103,236,000
Average Prices:
  • 50 Day Moving Avg: $52.26
  • 200 Day Moving Avg: $51.24
  • 52 Week Range: $45.83 - $53.34
  • Trailing P/E Ratio: 42.09
  • Foreward P/E Ratio: 38.81
  • P/E Growth: 5.25
Sales & Book Value:
  • Annual Revenue: $683.61 million
  • Price / Sales: 7.97
  • Book Value: $20.95 per share
  • Price / Book: 2.52
  • Annual Dividend: $1.76
  • Dividend Yield: 3.3%
  • EBITDA: $366.8 million
  • Net Margins: 18.79%
  • Return on Equity: 5.96%
  • Return on Assets: 2.82%
  • Debt-to-Equity Ratio: 0.92%
  • Current Ratio: 1.20%
  • Quick Ratio: 1.20%
  • Average Volume: 448,367 shs.
  • Beta: 0.89
  • Short Ratio: 1.94

Frequently Asked Questions for Highwoods Properties (NYSE:HIW)

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 Wednesday, August 2nd. Investors of record on Monday, August 14th will be paid a dividend of $0.44 per share on Wednesday, September 6th. This represents a $1.76 annualized dividend and a dividend yield of 3.33%. The ex-dividend date of this dividend is Thursday, August 10th. View Highwoods Properties' Dividend History.

How were Highwoods Properties' earnings last quarter?

Highwoods Properties, Inc. (NYSE:HIW) released its quarterly earnings data on Tuesday, July, 25th. The company reported $0.90 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.31 by $0.59. The company had revenue of $177.28 million for the quarter, compared to the consensus estimate of $172.28 million. Highwoods Properties had a net margin of 18.79% and a return on equity of 5.96%. Highwoods Properties's revenue was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.32 earnings per share. View Highwoods Properties' Earnings History.

When will Highwoods Properties make its next earnings announcement?

Highwoods Properties is scheduled to release their next quarterly earnings announcement on Tuesday, October, 24th 2017. View Earnings Estimates for Highwoods Properties.

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

Highwoods Properties updated its FY17 earnings guidance on Tuesday, July, 25th. The company provided earnings per share (EPS) guidance of $3.33-3.38 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.36.

Where is Highwoods Properties' stock going? Where will Highwoods Properties' stock price be in 2017?

5 analysts have issued 12 month price objectives for Highwoods Properties' stock. Their forecasts range from $47.00 to $62.00. On average, they expect Highwoods Properties' share price to reach $55.50 in the next twelve months. View Analyst Ratings for Highwoods Properties.

Who are some of Highwoods Properties' key competitors?

Who are Highwoods Properties' key executives?

Highwoods Properties' management team includes the folowing people:

  • O. Temple Sloan Jr., Independent Chairman of the Board
  • Edward J. Fritsch, President, Chief Executive Officer, Director
  • Mark F. Mulhern, Chief Financial Officer, Executive Vice President
  • Theodore J. Klinck, Chief Operating and Investment Officer, Executive Vice President
  • Jeffrey Douglas Miller, Executive Vice President, General Counsel, Secretary
  • Charles A. Anderson, Independent Director
  • Gene H. Anderson, Independent Director
  • Carlos E. Evans, Independent Director
  • David John Hartzell Ph.D., Independent Director
  • Sherry A. Kellett CPA, Independent Director

How do I buy Highwoods Properties stock?

Shares of Highwoods Properties can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Highwoods Properties' stock price today?

One share of Highwoods Properties stock can currently be purchased for approximately $52.78.

MarketBeat Community Rating for Highwoods Properties (NYSE HIW)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  138 (Vote Outperform)
Underperform Votes:  160 (Vote Underperform)
Total Votes:  298
MarketBeat's community ratings are surveys of what our community members think about Highwoods Properties and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Highwoods Properties (NYSE:HIW) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.60)
Consensus Price Target: $55.50 (5.15% upside)
Consensus Price Target History for Highwoods Properties (NYSE:HIW)
Price Target History for Highwoods Properties (NYSE:HIW)
Analysts' Ratings History for Highwoods Properties (NYSE:HIW)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/3/2017Bank of America CorporationBoost Price TargetBuy$57.00 -> $58.00LowView Rating Details
9/8/2017Janney Montgomery ScottInitiated CoverageNeutral -> NeutralLowView Rating Details
4/19/2017Stifel NicolausReiterated RatingBuy$55.00LowView Rating Details
2/22/2017Jefferies Group LLCReiterated RatingHold$47.00N/AView Rating Details
1/24/2017Wood & CompanyReiterated RatingBuy$62.00N/AView Rating Details
8/25/2016BTIG ResearchInitiated CoverageNeutralN/AView Rating Details
8/3/2016Oppenheimer Holdings, Inc.Boost Price TargetOutperform$55.00 -> $62.00N/AView Rating Details
7/15/2016SunTrust Banks, Inc.Boost Price TargetNeutral$48.00 -> $53.00N/AView Rating Details
7/7/2016Citigroup Inc.Boost Price TargetNeutral$47.00 -> $52.00N/AView Rating Details
6/5/2016Capital One Financial CorporationDowngradeOverweight -> Equal WeightN/AView Rating Details
5/12/2016Morgan StanleyDowngradeOverweight -> Equal$47.00 -> $50.00N/AView Rating Details
1/7/2016Barclays PLCDowngradeOverweight -> Equal WeightN/AView Rating Details
1/7/2016Robert W. BairdDowngradeOutperform -> Neutral$47.00N/AView Rating Details
11/13/2015BB&T CorporationInitiated CoverageHold$48.00N/AView Rating Details
10/28/2015DA DavidsonBoost Price TargetBuy$52.00N/AView Rating Details
(Data available from 10/19/2015 forward)


Earnings History for Highwoods Properties (NYSE:HIW)
Earnings by Quarter for Highwoods Properties (NYSE:HIW)
Earnings History by Quarter for Highwoods Properties (NYSE HIW)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/24/2017$0.30N/AView Earnings Details
7/25/2017Q2 17$0.31$0.90$172.28 million$177.28 millionViewN/AView Earnings Details
4/25/2017Q1 2017$0.78$0.80$167.20 million$169.41 millionViewN/AView Earnings Details
2/7/2017Q416$0.82$0.82$168.44 million$167.65 millionViewListenView Earnings Details
10/25/2016Q316$0.81$0.82$169.05 million$166.30 millionViewN/AView Earnings Details
8/2/2016Q2$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$154.86 million$154.66 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)
2017 EPS Consensus Estimate: $3.35
2018 EPS Consensus Estimate: $3.57
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20175$0.77$0.80$0.79
Q2 20175$0.84$0.87$0.85
Q3 20175$0.84$0.86$0.85
Q4 20175$0.84$0.89$0.86
Q1 20184$0.84$0.88$0.86
Q2 20184$0.88$0.92$0.90
Q3 20184$0.89$0.92$0.90
Q4 20184$0.90$0.93$0.92
(Data provided by Zacks Investment Research)


Current Dividend Information for Highwoods Properties (NYSE:HIW)
Most Recent Dividend:9/6/2017
Annual Dividend:$1.76
Dividend Yield:3.33%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:141.94% (Trailing 12 Months of Earnings)
139.68% (Based on This Year's Estimates)
129.41% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Highwoods Properties (NYSE:HIW)

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

Insider Trades

Insider Trading and Institutional Ownership History for Highwoods Properties (NYSE:HIW)
Insider Ownership Percentage: 1.90%
Institutional Ownership Percentage: 97.93%
Insider Trades by Quarter for Highwoods Properties (NYSE:HIW)
Institutional Ownership by Quarter for Highwoods Properties (NYSE:HIW)
Insider Trades by Quarter for Highwoods Properties (NYSE:HIW)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/15/2017Theodore J KlinckCOOSell10,000$52.51$525,100.00View SEC Filing  
3/2/2017Jeffrey Douglas MillerEVPSell18,409$52.26$962,054.34View SEC Filing  
3/2/2017Theodore J KlinckCOOSell1,800$52.28$94,104.00View SEC Filing  
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)


Headline Trends for Highwoods Properties (NYSE:HIW)
Latest Headlines for Highwoods Properties (NYSE:HIW)
finance.yahoo.com logoHighwoods Reports Recent Disposition Activity
finance.yahoo.com - October 19 at 2:12 AM
americanbankingnews.com logoZacks: Brokerages Expect Highwoods Properties, Inc. (HIW) Will Post Quarterly Sales of $177.68 Million
www.americanbankingnews.com - October 18 at 3:42 AM
americanbankingnews.com logoHighwoods Properties, Inc. (HIW) Set to Announce Quarterly Earnings on Tuesday
www.americanbankingnews.com - October 17 at 4:12 AM
feeds.benzinga.com logoHighwoods to Release 2017 Third Quarter Results Tuesday, October 24th
feeds.benzinga.com - October 10 at 4:47 PM
americanbankingnews.com logoHighwoods Properties (HIW) and Its Peers Head-To-Head Analysis
www.americanbankingnews.com - October 10 at 12:12 PM
bizjournals.com logoConstruction underway on Cool Springs' billion-dollar development
www.bizjournals.com - October 6 at 7:56 PM
bizjournals.com logoOvation co-developer again facing foreclosure of high-profile property
www.bizjournals.com - October 2 at 6:37 PM
americanbankingnews.com logoAnalyzing Highwoods Properties (HIW) and NorthStar Realty Europe Corp. (NRE)
www.americanbankingnews.com - October 2 at 8:50 AM
americanbankingnews.com logoHighwoods Properties, Inc. (HIW) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - October 1 at 1:02 PM
americanbankingnews.com logoHighwoods Properties, Inc. (HIW) Expected to Announce Quarterly Sales of $177.68 Million
www.americanbankingnews.com - September 30 at 9:02 AM
americanbankingnews.com logoContrasting Boston Properties (BXP) and Highwoods Properties (HIW)
www.americanbankingnews.com - September 27 at 8:24 PM
americanbankingnews.com logoHighwoods Properties (HIW) and The Competition Critical Survey
www.americanbankingnews.com - September 27 at 4:32 PM
americanbankingnews.com logoEquities Analysts Set Expectations for Highwoods Properties, Inc.'s Q4 2017 Earnings (HIW)
www.americanbankingnews.com - September 27 at 10:24 AM
americanbankingnews.com logoFY2017 Earnings Estimate for Highwoods Properties, Inc. (HIW) Issued By Jefferies Group
www.americanbankingnews.com - September 26 at 8:38 AM
americanbankingnews.com logoReviewing Highwoods Properties (HIW) and Its Rivals
www.americanbankingnews.com - September 16 at 6:30 PM
americanbankingnews.com logoAnalyzing Highwoods Properties (HIW) and Piedmont Office Realty Trust (PDM)
www.americanbankingnews.com - September 14 at 12:28 PM
finance.yahoo.com logoHighwoods Properties, Inc. : HIW-US: Dividend Analysis : August 14th, 2017 (record date) : By the numbers : September 13, 2017
finance.yahoo.com - September 14 at 5:47 AM
americanbankingnews.com logoHead-To-Head Survey: Highwoods Properties (HIW) versus The Competition
www.americanbankingnews.com - September 13 at 2:28 AM
finance.yahoo.com logoHighwoods Reports No Meaningful Damage from Hurricane Irma
finance.yahoo.com - September 12 at 10:56 PM
americanbankingnews.com logoHighwoods Properties (HIW) and Equity Commonwealth (EQC) Critical Analysis
www.americanbankingnews.com - September 9 at 6:22 PM
americanbankingnews.com logoHighwoods Properties, Inc. (HIW) Receives New Coverage from Analysts at Janney Montgomery Scott
www.americanbankingnews.com - September 8 at 10:46 AM
americanbankingnews.com logoHighwoods Properties, Inc. (HIW) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - September 6 at 12:40 PM
bizjournals.com logoHas money, needs tenants: Eakin unveils bigger plan for downtown building
www.bizjournals.com - September 6 at 5:34 AM
americanbankingnews.com logoContrasting Highwoods Properties (HIW) and Parkway Properties (PKY)
www.americanbankingnews.com - September 1 at 4:28 PM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Highwoods Properties Inc.
finance.yahoo.com - September 1 at 12:25 AM
finance.yahoo.com logoWhy Is Highwoods Properties (HIW) Up 2.5% Since the Last Earnings Report?
finance.yahoo.com - August 28 at 7:08 PM
americanbankingnews.com logo Brokerages Expect Highwoods Properties, Inc. (HIW) Will Post Quarterly Sales of $177.21 Million
www.americanbankingnews.com - August 23 at 1:44 AM
finance.yahoo.com logoHighwoods Properties, Inc. breached its 50 day moving average in a Bullish Manner : HIW-US : August 17, 2017
finance.yahoo.com - August 18 at 4:09 AM
americanbankingnews.com logoHighwoods Properties, Inc. (HIW) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - August 12 at 12:42 PM
nasdaq.com logoHighwoods Properties, Inc. (HIW) Ex-Dividend Date Scheduled for...
www.nasdaq.com - August 11 at 7:58 PM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Highwoods Properties Inc.
finance.yahoo.com - August 11 at 2:17 AM
americanbankingnews.com logoAnalyzing Highwoods Properties (HIW) & SL Green Realty Corporation (SLG)
www.americanbankingnews.com - August 11 at 12:14 AM
nasdaq.com logoEx-Dividend Reminder: Kemper, Highwoods Properties and National Instruments
www.nasdaq.com - August 8 at 7:12 PM
americanbankingnews.com logo Analysts Expect Highwoods Properties, Inc. (HIW) Will Post Quarterly Sales of $177.21 Million
www.americanbankingnews.com - August 5 at 7:18 AM
americanbankingnews.com logoHighwoods Properties, Inc. (HIW) Declares $0.44 Quarterly Dividend
www.americanbankingnews.com - August 3 at 3:26 PM
americanbankingnews.com logoSunTrust Banks Analysts Decrease Earnings Estimates for Highwoods Properties, Inc. (HIW)
www.americanbankingnews.com - July 31 at 9:44 AM
americanbankingnews.com logoFY2017 Earnings Forecast for Highwoods Properties, Inc. Issued By SunTrust Banks (HIW)
www.americanbankingnews.com - July 28 at 12:39 PM
americanbankingnews.com logoHighwoods Properties, Inc. (NYSE:HIW) Expected to Earn Q3 2017 Earnings of $0.84 Per Share
www.americanbankingnews.com - July 28 at 11:27 AM
finance.yahoo.com logoHighwoods Properties, Inc. breached its 50 day moving average in a Bullish Manner : HIW-US : July 27, 2017
finance.yahoo.com - July 27 at 8:03 PM
americanbankingnews.com logoQ4 2017 Earnings Forecast for Highwoods Properties, Inc. Issued By DA Davidson (NYSE:HIW)
www.americanbankingnews.com - July 27 at 12:08 PM
americanbankingnews.com logoCapital One Financial Corporation Weighs in on Highwoods Properties, Inc.'s FY2017 Earnings (HIW)
www.americanbankingnews.com - July 27 at 9:59 AM
finance.yahoo.com logoEdited Transcript of HIW earnings conference call or presentation 26-Jul-17 3:00pm GMT
finance.yahoo.com - July 27 at 1:51 AM
finance.yahoo.com logoInvestor Network: Highwoods Properties, Inc. to Host Earnings Call
finance.yahoo.com - July 26 at 3:48 PM
finance.yahoo.com logoHighwoods Properties (HIW) Q2 FFO & Revenues Beat Estimates
finance.yahoo.com - July 26 at 3:48 PM
rttnews.com logoHighwoods Properties Inc. Reveals 15% Gain In Q1 Profit
www.rttnews.com - July 26 at 12:47 AM
nasdaq.com logoHighwoods Properties Narrows 2017 FFO Outlook - Quick Facts
www.nasdaq.com - July 26 at 12:47 AM
americanbankingnews.com logoHighwoods Properties, Inc. (HIW) Releases FY17 Earnings Guidance
www.americanbankingnews.com - July 25 at 9:48 PM
americanbankingnews.com logoHighwoods Properties, Inc. (HIW) Posts Quarterly Earnings Results, Beats Estimates By $0.59 EPS
www.americanbankingnews.com - July 25 at 9:04 PM
finance.yahoo.com logoHighwoods Announces Availability of Second Quarter 2017 Results
finance.yahoo.com - July 25 at 7:44 PM
finance.yahoo.com logoHighwoods Properties reports 2Q results
finance.yahoo.com - July 25 at 7:44 PM



Highwoods Properties (HIW) Chart for Thursday, October, 19, 2017

This page was last updated on 10/19/2017 by MarketBeat.com Staff

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