Highwoods Properties Stock Price, News & Analysis (NYSE:HIW)

$45.10
-0.05 (-0.11 %)
(As of 09/20/2019 04:00 PM ET)
Today's Range
$44.98
Now: $45.10
$45.47
50-Day Range
$42.15
MA: $43.84
$45.17
52-Week Range
$37.09
Now: $45.10
$48.48
Volume909,458 shs
Average Volume767,761 shs
Market Capitalization$4.68 billion
P/E Ratio13.60
Dividend Yield4.22%
Beta0.82
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$3.8646 per share
Book Value$21.59 per share

Profitability

Net Income$171.83 million

Miscellaneous

Employees442
Market Cap$4.68 billion
Next Earnings Date10/22/2019 (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 Wednesday, July 31st. Investors of record on Monday, August 12th will be given a dividend of $0.475 per share on Wednesday, September 4th. This represents a $1.90 dividend on an annualized basis and a yield of 4.21%. The ex-dividend date is Friday, August 9th. View Highwoods Properties' Dividend History.

How were Highwoods Properties' earnings last quarter?

Highwoods Properties Inc (NYSE:HIW) issued its quarterly earnings data on Tuesday, July, 23rd. The real estate investment trust reported $0.38 earnings per share for the quarter, missing analysts' consensus estimates of $0.85 by $0.47. The real estate investment trust had revenue of $184.10 million for the quarter, compared to analyst estimates of $180.20 million. Highwoods Properties had a return on equity of 6.13% and a net margin of 18.79%. The company's quarterly revenue was up 3.0% compared to the same quarter last year. During the same period last year, the firm posted $0.87 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, October 22nd 2019. View Earnings Estimates for Highwoods Properties.

How can I listen to Highwoods Properties' earnings call?

Highwoods Properties will be holding an earnings conference call on Wednesday, October 23rd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

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

Highwoods Properties issued an update on its FY 2019 earnings guidance on Tuesday, July, 23rd. The company provided EPS guidance of $3.32-3.38 for the period.

What price target have analysts set for HIW?

3 analysts have issued twelve-month target prices for Highwoods Properties' stock. Their forecasts range from $49.00 to $49.00. On average, they expect Highwoods Properties' stock price to reach $49.00 in the next twelve months. This suggests a possible upside of 8.6% from the stock's current price. View Analyst Price Targets for Highwoods Properties.

What is the consensus analysts' recommendation for Highwoods Properties?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Highwoods Properties in the last year. There are currently 1 hold rating and 2 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?

News headlines about HIW stock have been trending somewhat negative recently, InfoTrie Sentiment reports. The research firm scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Highwoods Properties earned a daily sentiment score of -1.3 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Highwoods Properties.

Are investors shorting Highwoods Properties?

Highwoods Properties saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 2,154,400 shares, an increase of 18.4% from the July 31st total of 1,820,000 shares. Based on an average daily volume of 736,000 shares, the short-interest ratio is presently 2.9 days. Currently, 2.1% of the company's shares 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), DowDuPont (DWDP), Kinder Morgan (KMI) and Pfizer (PFE).

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 variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (15.04%), BlackRock Inc. (13.06%), BlackRock Inc. (13.06%), Victory Capital Management Inc. (4.26%), JPMorgan Chase & Co. (3.34%) and Brookfield Asset Management Inc. (3.31%). Company insiders that own Highwoods Properties stock include Carlos E Evans, Jeffrey Douglas Miller, Mark F Mulhern and Sherry A Kellett. 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 JPMorgan Chase & Co., Invesco Ltd., BlackRock Inc., BlackRock Inc., Rothschild & Co. Asset Management US Inc., NN Investment Partners Holdings N.V., APG Asset Management US Inc. and Centersquare Investment Management LLC. View Insider Buying and Selling for Highwoods Properties.

Which major investors are buying Highwoods Properties stock?

HIW stock was acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Heitman Real Estate Securities LLC, Price T Rowe Associates Inc. MD, Bank of America Corp DE, Echo Street Capital Management LLC, Nuveen Asset Management LLC, Westpac Banking Corp and Kempen Capital Management N.V.. 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 $45.10.

How big of a company is Highwoods Properties?

Highwoods Properties has a market capitalization of $4.68 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]


MarketBeat Community Rating for Highwoods Properties (NYSE HIW)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  322 (Vote Outperform)
Underperform Votes:  351 (Vote Underperform)
Total Votes:  673
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 9/21/2019 by MarketBeat.com Staff

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