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NYSE:HIWHighwoods Properties Stock Price, Forecast & News

$37.62
+1.80 (+5.03 %)
(As of 04/9/2020 08:06 AM ET)
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Today's Range
$35.62
Now: $37.62
$37.91
50-Day Range
$28.12
MA: $40.03
$52.11
52-Week Range
$25.10
Now: $37.62
$52.76
Volume890,440 shs
Average Volume1.36 million shs
Market Capitalization$3.91 billion
P/E Ratio28.94
Dividend Yield5.36%
Beta1.05
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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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.3Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.71 out of 5 stars


Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
CUSIP43128410
Phone919-872-4924

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$735.98 million
Cash Flow$3.96 per share
Book Value$20.67 per share

Profitability

Net Income$136.92 million

Miscellaneous

Employees442
Market Cap$3.91 billion
Next Earnings Date4/28/2020 (Confirmed)
OptionableOptionable

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Highwoods Properties (NYSE:HIW) Frequently Asked Questions

How has Highwoods Properties' stock been impacted by COVID-19 (Coronavirus)?

Highwoods Properties' stock was trading at $40.47 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, HIW shares have decreased by 7.0% and is now trading at $37.62. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Highwoods Properties?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Highwoods Properties in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Highwoods Properties.

When is Highwoods Properties' next earnings date?

Highwoods Properties is scheduled to release its next quarterly earnings announcement on Tuesday, April 28th 2020. View our earnings forecast for Highwoods Properties.

How can I listen to Highwoods Properties' earnings call?

Highwoods Properties will be holding an earnings conference call on Tuesday, April 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Highwoods Properties' earnings last quarter?

Highwoods Properties Inc (NYSE:HIW) released its earnings results on Tuesday, February, 4th. The real estate investment trust reported $0.58 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.90 by $0.32. The real estate investment trust had revenue of $192.07 million for the quarter, compared to analysts' expectations of $192.66 million. Highwoods Properties had a net margin of 18.52% and a return on equity of 6.31%. Highwoods Properties's revenue was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.86 earnings per share. View Highwoods Properties' earnings history.

How often does Highwoods Properties pay dividends? What is the dividend yield for Highwoods Properties?

Highwoods Properties announced a quarterly dividend on Wednesday, February 5th. Shareholders of record on Tuesday, February 18th will be paid a dividend of $0.48 per share on Tuesday, March 10th. This represents a $1.92 dividend on an annualized basis and a yield of 5.10%. The ex-dividend date is Friday, February 14th. This is an increase from Highwoods Properties's previous quarterly dividend of $0.48. View Highwoods Properties' dividend history.

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

Highwoods Properties updated its FY20 earnings guidance on Tuesday, February, 4th. The company provided earnings per share (EPS) guidance of $3.60-3.72 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.60.

What price target have analysts set for HIW?

10 brokers have issued 1 year price targets for Highwoods Properties' shares. Their forecasts range from $34.00 to $55.00. On average, they expect Highwoods Properties' stock price to reach $46.25 in the next year. This suggests a possible upside of 22.9% from the stock's current price. View analysts' price targets for Highwoods Properties.

Has Highwoods Properties been receiving favorable news coverage?

Press coverage about HIW stock has trended very negative on Thursday, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Highwoods Properties earned a daily sentiment score of -3.3 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutHighwoods Properties.

Are investors shorting Highwoods Properties?

Highwoods Properties saw a decline in short interest during the month of March. As of March 13th, there was short interest totaling 1,964,800 shares, a decline of 14.6% from the February 27th total of 2,300,000 shares. Based on an average daily volume of 696,200 shares, the days-to-cover ratio is currently 2.8 days. Approximately 1.9% of the shares of the stock are short sold. View Highwoods Properties' Current Options Chain.

Who are some of Highwoods Properties' key competitors?

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 Cisco Systems (CSCO), NVIDIA (NVDA), Amphenol (APH), Verizon Communications (VZ), CVS Health (CVS), Pfizer (PFE), Prologis (PLD), AT&T (T), WP Carey (WPC) and Amgen (AMGN).

Who are Highwoods Properties' key executives?

Highwoods Properties' management team includes the following people:
  • Mr. Edward J. Fritsch, CEO & Director (Age 60)
  • Mr. Theodore J. Klinck, Pres & COO (Age 53)
  • Mr. Mark F. Mulhern CPA, Exec. VP & CFO (Age 59)
  • Mr. Jeffrey D. Miller, Exec. VP, Gen. Counsel & Sec. (Age 48)
  • Mr. Daniel L. Clemmens CPA, VP & Chief Accounting Officer

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 a variety of institutional and retail investors. Top institutional shareholders include Timbercreek Investment Management Inc. (0.12%) and State of Alaska Department of Revenue (0.05%). Company insiders that own Highwoods Properties stock include Carlos E Evans, Jeffrey Douglas Miller and Mark F Mulhern. View institutional ownership trends for Highwoods Properties.

Which institutional investors are buying Highwoods Properties stock?

HIW stock was bought by a variety of institutional investors in the last quarter, including Timbercreek Investment Management Inc., and State of Alaska Department of Revenue. Company insiders that have bought Highwoods Properties stock in the last two years include Carlos E Evans, and Jeffrey Douglas Miller. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Highwoods Properties' stock price today?

One share of HIW stock can currently be purchased for approximately $37.62.

How big of a company is Highwoods Properties?

Highwoods Properties has a market capitalization of $3.91 billion and generates $735.98 million in revenue each year. The real estate investment trust earns $136.92 million in net income (profit) each year or $3.33 on an earnings per share basis. Highwoods Properties employs 442 workers across the globe. View additional information about Highwoods Properties.

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]

This page was last updated on 4/9/2020 by MarketBeat.com Staff

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