NYSE:HIWHighwoods Properties Stock Price, Forecast & News

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 stock has decreased by 1.0% and is now trading at $40.05. View which stocks have been most impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Highwoods Properties in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Highwoods Properties.

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

Highwoods Properties Inc (NYSE:HIW) announced its quarterly earnings data on Tuesday, April, 28th. The real estate investment trust reported $1.79 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.88 by $0.91. The real estate investment trust earned $192.80 million during the quarter, compared to analysts' expectations of $192.55 million. Highwoods Properties had a return on equity of 14.27% and a net margin of 41.50%. The business's revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.72 EPS. View Highwoods Properties' earnings history.

Highwoods Properties announced a quarterly dividend on Tuesday, April 28th. Investors of record on Monday, May 18th will be given a dividend of $0.48 per share on Monday, June 8th. This represents a $1.92 dividend on an annualized basis and a yield of 4.79%. The ex-dividend date is Friday, May 15th. View Highwoods Properties' dividend history.

Highwoods Properties updated its FY20 earnings guidance on Tuesday, April, 28th. The company provided earnings per share guidance of $3.55-3.68 for the period, compared to the Thomson Reuters consensus estimate of $3.57.

10 analysts 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' share price to reach $43.88 in the next twelve months. This suggests a possible upside of 9.6% from the stock's current price. View analysts' price targets for Highwoods Properties.

Headlines about HIW stock have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. 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 -1.4 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 press coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutHighwoods Properties.

Highwoods Properties saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 895,500 shares, a decline of 23.5% from the April 30th total of 1,170,000 shares. Based on an average trading volume of 956,300 shares, the short-interest ratio is presently 0.9 days. Approximately 0.9% of the shares of the company are sold short. View Highwoods Properties' Current Options Chain.

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

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

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

Highwoods Properties' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.19%), Victory Capital Management Inc. (5.93%), State Street Corp (4.88%), Cohen & Steers Inc. (2.77%), Deutsche Bank AG (2.57%) and Wellington Management Group LLP (2.47%). 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 JPMorgan Chase & Co., Invesco Ltd., Weiss Multi Strategy Advisers LLC, Franklin Resources Inc., BlackRock Inc., Principal Financial Group Inc., Retirement Systems of Alabama, and WINTON GROUP Ltd. View insider buying and selling activity for Highwoods Properties.

HIW stock was acquired by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Deutsche Bank AG, Sumitomo Mitsui Trust Holdings Inc., Centersquare Investment Management LLC, Russell Investments Group Ltd., Nuveen Asset Management LLC, Balyasny Asset Management LLC, and Victory Capital Management Inc.. 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.

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 $40.05.

Highwoods Properties has a market capitalization of $4.16 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.

The official website for Highwoods Properties is 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]