Highwoods Properties - HIW Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Highwoods Properties in the last twelve months. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" HIW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HIW, but not buy additional shares or sell existing shares.
View HIW analyst ratings or view top-rated stocks.

7 brokers have issued twelve-month price objectives for Highwoods Properties' shares. Their HIW share price forecasts range from $26.00 to $35.00. On average, they predict the company's stock price to reach $30.14 in the next twelve months. This suggests a possible upside of 45.3% from the stock's current price.
View analysts price targets for HIW or view top-rated stocks among Wall Street analysts.

Highwoods Properties' stock was trading at $27.98 at the beginning of 2023. Since then, HIW shares have decreased by 25.8% and is now trading at $20.75.
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Highwoods Properties saw a decline in short interest in the month of February. As of February 15th, there was short interest totaling 2,250,000 shares, a decline of 19.9% from the January 31st total of 2,810,000 shares. Based on an average daily trading volume, of 760,300 shares, the short-interest ratio is currently 3.0 days. Currently, 2.2% of the company's stock are short sold.
View Highwoods Properties' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
View our HIW earnings forecast.

Highwoods Properties, Inc. (NYSE:HIW) posted its earnings results on Tuesday, April, 26th. The real estate investment trust reported $0.38 EPS for the quarter, beating analysts' consensus estimates of $0.34 by $0.04. Highwoods Properties had a trailing twelve-month return on equity of 6.41% and a net margin of 19.19%. During the same quarter last year, the business earned $0.91 EPS.

Highwoods Properties declared a quarterly dividend on Wednesday, February 1st. Stockholders of record on Tuesday, February 21st will be paid a dividend of $0.50 per share on Tuesday, March 14th. This represents a $2.00 annualized dividend and a yield of 9.64%. The ex-dividend date is Friday, February 17th.
Read our dividend analysis for HIW.

ETFs with the largest weight of Highwoods Properties (NYSE:HIW) stock in their portfolio include Global X SuperDividend REIT ETF (SRET), ALPS Active REIT ETF (REIT), U.S. Diversified Real Estate ETF (PPTY), Invesco MSCI Green Building ETF (GBLD), Hoya Capital High Dividend Yield ETF (RIET), Invesco S&P MidCap Low Volatility ETF (XMLV), Cambria Global Real Estate ETF (BLDG) and Cultivar ETF (CVAR).

Highwoods Properties (NYSE:HIW) pays an annual dividend of $2.00 per share and currently has a dividend yield of 9.21%. HIW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 136.05%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, HIW will have a dividend payout ratio of 52.22% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HIW.

Highwoods Properties issued an update on its FY 2023 earnings guidance on Tuesday, February, 7th. The company provided EPS guidance of $3.66-$3.82 for the period. The company issued revenue guidance of -.

Based on aggregate information from My MarketBeat watchlists, some companies that other Highwoods Properties investors own include American Tower (AMT), Cisco Systems (CSCO), Bristol-Myers Squibb (BMY), NVIDIA (NVDA), AT&T (T), Pfizer (PFE), Prologis (PLD), Verizon Communications (VZ), Exxon Mobil (XOM) and Kraft Heinz (KHC).

Highwoods Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "HIW."

Highwoods Properties' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Centersquare Investment Management LLC (2.38%), Daiwa Securities Group Inc. (2.14%), Geode Capital Management LLC (1.58%), American Century Companies Inc. (1.52%), Charles Schwab Investment Management Inc. (1.44%) and Dimensional Fund Advisors LP (1.36%). Insiders that own company stock include Brendan C Maiorana, David John Hartzell, Jeffrey Douglas Miller, Mark F Mulhern, Theodore J Klinck and Thomas P Anderson.
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Shares of HIW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HIW stock can currently be purchased for approximately $20.75.

Highwoods Properties (NYSE:HIW) has a market capitalization of $2.18 billion and generates $828.93 million in revenue each year. The real estate investment trust earns $159.06 million in net income (profit) each year or $1.47 on an earnings per share basis.

The company employs 348 workers across the globe.

Highwoods Properties' mailing address is 3100 SMOKETREE COURT SUITE 600, RALEIGH NC, 27604. The official website for the company is www.highwoods.com. The real estate investment trust can be reached via phone at (919) 872-4924, via email at brendan.maiorana@highwoods.com, or via fax at 919-872-4924.