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

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

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 4.28%. The ex-dividend date is Friday, February 14th. This is a positive change from Highwoods Properties's previous quarterly dividend of $0.48. View Highwoods Properties' Dividend History.

Highwoods Properties Inc (NYSE:HIW) posted its quarterly earnings results on Tuesday, February, 4th. The real estate investment trust reported $0.58 EPS for the quarter, missing the Zacks' consensus estimate of $0.90 by $0.32. The real estate investment trust earned $192.07 million during the quarter, compared to the consensus estimate of $192.66 million. Highwoods Properties had a net margin of 18.52% and a return on equity of 6.31%. The company's revenue for the quarter was up 5.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.86 EPS. View Highwoods Properties' Earnings History.

Highwoods Properties is scheduled to release their next quarterly earnings announcement on Tuesday, April 28th 2020. View Earnings Estimates for Highwoods Properties.

Highwoods Properties issued an update on its FY20 earnings guidance on Tuesday, February, 4th. The company provided EPS guidance of $3.60-3.72 for the period, compared to the Thomson Reuters consensus estimate of $3.60.

6 brokerages have issued 1-year price objectives for Highwoods Properties' shares. Their forecasts range from $47.00 to $51.00. On average, they anticipate Highwoods Properties' share price to reach $49.40 in the next twelve months. This suggests a possible upside of 10.1% from the stock's current price. View Analyst Price Targets for Highwoods Properties.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Highwoods Properties in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Highwoods Properties.

News headlines about HIW stock have trended very negative on Saturday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive 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 negative five to positive five, with scores nearest to five being the most favorable. Highwoods Properties earned a news impact score of -4.0 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the company's share price in the near term. View News Stories for Highwoods Properties.

Highwoods Properties saw a increase in short interest during the month of February. As of February 14th, there was short interest totalling 3,080,000 shares, an increase of 16.7% from the January 30th total of 2,640,000 shares. Based on an average trading volume of 667,700 shares, the days-to-cover ratio is presently 4.6 days. Approximately 3.0% of the shares of the stock are sold short. View Highwoods Properties' Current Options Chain.

Some companies that are related to Highwoods Properties include DIGITAL RLTY TR/SH (DLR), Boston Properties (BXP), Alexandria Real Estate Equities (ARE), Kilroy Realty (KRC), CyrusOne (CONE), Douglas Emmett (DEI), SL Green Realty (SLG), Hudson Pacific Properties (HPP), CoreSite Realty (COR), Equity Commonwealth (EQC), Corporate Office Properties Trust (OFC), Piedmont Office Realty Trust (PDM), Brandywine Realty Trust (BDN), Mack Cali Realty (CLI) and Franklin Street Properties (FSP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Highwoods Properties investors own include Cisco Systems (CSCO), NVIDIA (NVDA), Verizon Communications (VZ), Abbott Laboratories (ABT), Amphenol (APH), CVS Health (CVS), Pfizer (PFE), Gilead Sciences (GILD), Kraft Heinz (KHC) and Seagate Technology (STX).

Highwoods Properties' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include FMR LLC (7.09%), Victory Capital Management Inc. (5.60%), Victory Capital Management Inc. (5.56%), State Street Corp (4.83%), Brookfield Public Securities Group LLC (2.94%) and Macquarie Group Ltd. (2.12%). 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.

HIW stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., State Street Corp, Renaissance Technologies LLC, Securian Asset Management Inc, Eagle Asset Management Inc., William Blair Investment Management LLC, Brookfield Public Securities Group LLC and Bank of New York Mellon Corp. View Insider Buying and Selling for Highwoods Properties.

HIW stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Victory Capital Management Inc., Victory Capital Management Inc., Heitman Real Estate Securities LLC, Macquarie Group Ltd., Prudential Financial Inc., Rothschild & Co. Asset Management US Inc. and Martingale Asset Management L P. View Insider Buying and Selling for 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.

One share of HIW stock can currently be purchased for approximately $44.88.

Highwoods Properties has a market capitalization of $4.66 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.

The official website for Highwoods Properties is http://www.highwoods.com/.

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]