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

$46.13
+0.26 (+0.57 %)
(As of 12/16/2019 06:21 AM ET)
Today's Range
$45.33
Now: $46.13
$46.16
50-Day Range
$45.48
MA: $46.96
$48.65
52-Week Range
$37.09
Now: $46.13
$48.74
Volume883,026 shs
Average Volume655,735 shs
Market Capitalization$4.79 billion
P/E Ratio13.37
Dividend Yield4.12%
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.

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$720.03 million
Cash Flow$3.86 per share
Book Value$21.59 per share

Profitability

Net Income$171.83 million

Miscellaneous

Employees442
Market Cap$4.79 billion
Next Earnings Date2/4/2020 (Estimated)
OptionableOptionable

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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 17th. Shareholders of record on Monday, November 11th will be given a dividend of $0.475 per share on Tuesday, December 3rd. This represents a $1.90 dividend on an annualized basis and a yield of 4.12%. The ex-dividend date of this dividend is Thursday, November 7th. View Highwoods Properties' Dividend History.

How were Highwoods Properties' earnings last quarter?

Highwoods Properties Inc (NYSE:HIW) posted its quarterly earnings data on Tuesday, October, 22nd. The real estate investment trust reported $0.27 EPS for the quarter, missing the consensus estimate of $0.85 by $0.58. The real estate investment trust had revenue of $187.50 million for the quarter, compared to the consensus estimate of $185.95 million. Highwoods Properties had a return on equity of 5.93% and a net margin of 17.85%. The firm's revenue for the quarter was up 4.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.86 earnings per share. 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 4th 2020. View Earnings Estimates for Highwoods Properties.

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

Highwoods Properties issued an update on its FY19 earnings guidance on Tuesday, October, 22nd. The company provided EPS guidance of $3.36-3.38 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.35.

What price target have analysts set for HIW?

5 brokers have issued 12 month price objectives for Highwoods Properties' shares. Their forecasts range from $47.00 to $51.00. On average, they expect Highwoods Properties' stock price to reach $49.00 in the next year. This suggests a possible upside of 6.2% from the stock's current price. View Analyst Price Targets for Highwoods Properties.

What is the consensus analysts' recommendation for Highwoods Properties?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Highwoods Properties in the last year. There are currently 2 hold ratings and 3 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 been trending negative recently, InfoTrie reports. The research group identifies positive and negative media coverage by reviewing 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 coverage optimism score of -2.8 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Highwoods Properties.

Are investors shorting Highwoods Properties?

Highwoods Properties saw a drop in short interest in the month of November. As of November 29th, there was short interest totalling 2,140,000 shares, a drop of 12.3% from the November 14th total of 2,440,000 shares. Based on an average trading volume of 727,800 shares, the short-interest ratio is currently 2.9 days. Approximately 2.1% of the shares of the company are sold short. 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), Abbott Laboratories (ABT), CVS Health (CVS), Verizon Communications (VZ), Amphenol (APH), Bristol-Myers Squibb (BMY), Pfizer (PFE), Gilead Sciences (GILD) and Kraft Heinz (KHC).

Who are Highwoods Properties' key executives?

Highwoods Properties' management team includes the folowing 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

Who are Highwoods Properties' major shareholders?

Highwoods Properties' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include State Street Corp (5.30%), Millennium Management LLC (0.87%), Boston Trust Walden Corp (0.63%), Voya Investment Management LLC (0.58%), Great Lakes Advisors LLC (0.29%) and Rhumbline Advisers (0.26%). 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 major investors are selling Highwoods Properties stock?

HIW stock was sold by a variety of institutional investors in the last quarter, including Eagle Asset Management Inc., State of Alaska Department of Revenue, First Trust Advisors LP, Voya Investment Management LLC, Neo Ivy Capital Management, Great West Life Assurance Co. Can, Tower Research Capital LLC TRC and Presima Inc.. View Insider Buying and Selling for Highwoods Properties.

Which major investors are buying Highwoods Properties stock?

HIW stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Boston Trust Walden Corp, Great Lakes Advisors LLC, Russell Investments Group Ltd., Timbercreek Investment Management Inc., State of New Jersey Common Pension Fund D, Barclays PLC and Meritage Portfolio Management. 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, Robinhood, Fidelity and Charles Schwab.

What is Highwoods Properties' stock price today?

One share of HIW stock can currently be purchased for approximately $46.13.

How big of a company is Highwoods Properties?

Highwoods Properties has a market capitalization of $4.79 billion and generates $720.03 million in revenue each year. The real estate investment trust earns $171.83 million in net income (profit) each year or $3.45 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]ghwoods.com.


MarketBeat Community Rating for Highwoods Properties (NYSE HIW)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  332 (Vote Outperform)
Underperform Votes:  368 (Vote Underperform)
Total Votes:  700
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 12/16/2019 by MarketBeat.com Staff

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