NYSE:HIW - Highwoods Properties Stock Price, Price Target & More

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$49.47 -0.01 (-0.02 %)
(As of 07/23/2018 01:50 PM ET)
Previous Close$49.48
Today's Range$49.13 - $49.64
52-Week Range$41.34 - $53.34
Volume299,527 shs
Average Volume640,525 shs
Market Capitalization$5.12 billion
P/E Ratio15.08
Dividend Yield3.74%
Beta0.78
Highwoods Properties logoHighwoods 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 fullyintegrated 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. For more information about Highwoods, please visit our website at www.highwoods.com.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
SymbolNYSE:HIW
CUSIP43128410
Phone919-872-4924

Debt

Debt-to-Equity Ratio0.95
Current Ratio1.47
Quick Ratio1.47

Price-To-Earnings

Trailing P/E Ratio15.08
Forward P/E Ratio14.38
P/E Growth4.92

Sales & Book Value

Annual Sales$702.74 million
Price / Sales7.28
Cash Flow$4.0154 per share
Price / Cash12.32
Book Value$21.39 per share
Price / Book2.31

Profitability

EPS (Most Recent Fiscal Year)$3.28
Net Income$185.36 million
Net Margins25.90%
Return on Equity8.40%
Return on Assets4.01%

Miscellaneous

Employees441
Outstanding Shares103,420,000
Market Cap$5,117.31

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, April 19th. Stockholders of record on Friday, May 18th will be given a dividend of $0.4625 per share on Tuesday, June 5th. This represents a $1.85 dividend on an annualized basis and a dividend yield of 3.75%. The ex-dividend date is Thursday, May 17th. View Highwoods Properties' Dividend History.

How were Highwoods Properties' earnings last quarter?

Highwoods Properties Inc (NYSE:HIW) released its earnings results on Tuesday, April, 24th. The real estate investment trust reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.04. The real estate investment trust had revenue of $180.44 million for the quarter, compared to analysts' expectations of $176.03 million. Highwoods Properties had a return on equity of 8.40% and a net margin of 25.90%. The business's revenue was up 6.5% on a year-over-year basis. During the same quarter last year, the business earned $0.80 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, July, 24th 2018. View Earnings Estimates for Highwoods Properties.

What price target have analysts set for HIW?

8 analysts have issued 12-month target prices for Highwoods Properties' shares. Their predictions range from $46.00 to $60.00. On average, they expect Highwoods Properties' share price to reach $53.6667 in the next year. This suggests a possible upside of 8.7% from the stock's current price. View Analyst Ratings for Highwoods Properties.

What is the consensus analysts' recommendation for Highwoods Properties?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Highwoods Properties in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Who are some of Highwoods Properties' key competitors?

Who are Highwoods Properties' key executives?

Highwoods Properties' management team includes the folowing people:
  • Mr. Edward J. Fritsch, Pres, CEO & Director (Age 59)
  • Mr. Mark F. Mulhern CPA, Exec. VP & CFO (Age 58)
  • Mr. Theodore J. Klinck, Exec. VP, Chief Operating & Investment Officer (Age 52)
  • Mr. Jeffrey D. Miller, Exec. VP, Gen. Counsel & Sec. (Age 47)
  • Mr. Daniel L. Clemmens CPA, VP & Chief Accounting Officer

Has Highwoods Properties been receiving favorable news coverage?

Press coverage about HIW stock has been trending somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Highwoods Properties earned a daily sentiment score of 0.05 on Accern's scale. They also assigned news stories about the real estate investment trust an impact score of 44.62 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Who are Highwoods Properties' major shareholders?

Highwoods Properties' stock is owned by a number of of retail and institutional investors. Top institutional investors include Bank of Montreal Can (0.82%), Westpac Banking Corp (0.13%), Atwood & Palmer Inc. (0.07%), State of Alaska Department of Revenue (0.05%), Nisa Investment Advisors LLC (0.05%) and Municipal Employees Retirement System of Michigan (0.02%). Company insiders that own Highwoods Properties stock include Jeffrey Douglas Miller, Sherry A Kellett and Theodore J Klinck. View Institutional Ownership Trends for Highwoods Properties.

Which institutional investors are selling Highwoods Properties stock?

HIW stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Municipal Employees Retirement System of Michigan, Westpac Banking Corp and Atwood & Palmer Inc.. Company insiders that have sold Highwoods Properties company stock in the last year include Jeffrey Douglas Miller and Sherry A Kellett. View Insider Buying and Selling for Highwoods Properties.

Which institutional investors are buying Highwoods Properties stock?

HIW stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Nisa Investment Advisors LLC, Fox Run Management L.L.C., Exane Derivatives and Xact Kapitalforvaltning AB. 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, Scottrade, Fidelity and Charles Schwab.

What is Highwoods Properties' stock price today?

One share of HIW stock can currently be purchased for approximately $49.37.

How big of a company is Highwoods Properties?

Highwoods Properties has a market capitalization of $5.12 billion and generates $702.74 million in revenue each year. The real estate investment trust earns $185.36 million in net income (profit) each year or $3.28 on an earnings per share basis. Highwoods Properties employs 441 workers across the globe.

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:  2.5 out of 5 (star star half star)
Outperform Votes:  230 (Vote Outperform)
Underperform Votes:  235 (Vote Underperform)
Total Votes:  465
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 7/23/2018 by MarketBeat.com Staff

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