NYSE:HIWHighwoods Properties Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Highwoods Properties Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $39.41 -0.36 (-0.91 %) (As of 08/12/2020 04:00 PM ET) Add Compare Share Today's Range$39.20Now: $39.41▼$40.6250-Day Range$35.65MA: $37.55▼$39.8552-Week Range$25.10Now: $39.41▼$52.76Volume676,600 shsAverage Volume923,540 shsMarket Capitalization$4.09 billionP/E Ratio13.14Dividend Yield4.87%Beta0.98 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.4 Analyst's Opinion Consensus RatingHighwoods Properties has received a consensus rating of Buy. The company's average rating score is 2.82, and is based on 9 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $44.38, Highwoods Properties has a potential upside of 12.6% from its current price of $39.41.Amount of Analyst CoverageHighwoods Properties has only been the subject of 2 research reports in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesHighwoods Properties has received 348 “outperform” votes. (Add your “outperform” vote.)Underperform VotesHighwoods Properties has received 392 “underperform” votes. (Add your “underperform” vote.)Community SentimentHighwoods Properties has received 52.97% “underperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipHighwoods Properties is a leading dividend payer. It pays a dividend yield of 4.87%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHighwoods Properties has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Highwoods Properties is 57.66%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Highwoods Properties will have a dividend payout ratio of 53.63% next year. This indicates that Highwoods Properties will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Highwoods Properties insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.40% of the stock of Highwoods Properties is held by insiders.Percentage Held by Institutions95.60% of the stock of Highwoods Properties is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Highwoods Properties are expected to decrease by -0.83% in the coming year, from $3.61 to $3.58 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Highwoods Properties is 13.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.31.Price to Earnings Ratio vs. SectorThe P/E ratio of Highwoods Properties is 13.14, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.64.Price to Earnings Growth RatioHighwoods Properties has a PEG Ratio of 2.33. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioHighwoods Properties has a P/B Ratio of 1.91. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.4Community Rank: 2.4Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.08 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryOffice REITs SectorFinance Current SymbolNYSE:HIW Previous Symbol CUSIP43128410 CIK921082 Webwww.highwoods.com Phone919-872-4924Debt Debt-to-Equity Ratio1.01 Current Ratio1.07 Quick Ratio1.07Price-To-Earnings Trailing P/E Ratio13.14 Forward P/E Ratio10.92 P/E Growth2.33 Sales & Book Value Annual Sales$735.98 million Price / Sales5.56 Cash Flow$3.73 per share Price / Cash Flow10.56 Book Value$20.67 per share Price / Book1.91Profitability EPS (Most Recent Fiscal Year)$3.33 Net Income$136.92 million Net Margins41.15% Return on Equity13.93% Return on Assets6.15%Miscellaneous Employees442 Outstanding Shares103,896,000Market Cap$4.09 billion Next Earnings Date10/27/2020 (Estimated) OptionableOptionable $39.41 -0.36 (-0.91 %) (As of 08/12/2020 04:00 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive HIW News and Ratings via Email Sign-up to receive the latest news and ratings for HIW and its competitors with MarketBeat's FREE daily newsletter. Highwoods Properties (NYSE:HIW) Frequently Asked Questions How has Highwoods Properties' stock price been impacted by Coronavirus (COVID-19)? 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 shares have decreased by 2.6% and is now trading at $39.41. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Highwoods Properties? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Highwoods Properties in the last year. There are currently 2 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Highwoods Properties. When is Highwoods Properties' next earnings date? Highwoods Properties is scheduled to release its next quarterly earnings announcement on Tuesday, October 27th 2020. View our earnings forecast for Highwoods Properties. How were Highwoods Properties' earnings last quarter? Highwoods Properties Inc (NYSE:HIW) posted its quarterly earnings data on Tuesday, July, 28th. The real estate investment trust reported $0.36 EPS for the quarter, missing analysts' consensus estimates of $0.89 by $0.53. The real estate investment trust earned $183.15 million during the quarter, compared to analysts' expectations of $187.69 million. Highwoods Properties had a net margin of 41.15% and a return on equity of 13.93%. The business's quarterly revenue was down .5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.87 earnings per share. View Highwoods Properties' earnings history. How often does Highwoods Properties pay dividends? What is the dividend yield for Highwoods Properties? Highwoods Properties declared a quarterly dividend on Tuesday, July 28th. Stockholders of record on Monday, August 17th will be paid a dividend of $0.48 per share on Wednesday, September 9th. This represents a $1.92 annualized dividend and a dividend yield of 4.87%. The ex-dividend date is Friday, August 14th. View Highwoods Properties' dividend history. What guidance has Highwoods Properties issued on next quarter's earnings? Highwoods Properties updated its FY20 earnings guidance on Tuesday, July, 28th. The company provided EPS guidance of $3.59-3.68 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.58. What price target have analysts set for HIW? 11 Wall Street analysts have issued 1 year price objectives for Highwoods Properties' shares. Their forecasts range from $34.00 to $55.00. On average, they expect Highwoods Properties' stock price to reach $44.38 in the next year. This suggests a possible upside of 12.6% from the stock's current price. View analysts' price targets for Highwoods Properties. Has Highwoods Properties been receiving favorable news coverage? Media coverage about HIW stock has been trending very negative this week, InfoTrie reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Highwoods Properties earned a media sentiment score of -3.9 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near future. View the latest news about Highwoods Properties. Are investors shorting Highwoods Properties? Highwoods Properties saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,610,000 shares, an increase of 79.8% from the April 30th total of 895,500 shares. Based on an average daily trading volume, of 1,070,000 shares, the days-to-cover ratio is currently 1.5 days. Currently, 1.6% of the shares of the stock are sold short. View Highwoods Properties' Short Interest. Who are some of Highwoods Properties' key competitors? 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), SL Green Realty (SLG), Equity Commonwealth (EQC), Hudson Pacific Properties (HPP), 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. 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), AT&T (T), Exxon Mobil (XOM), American Tower (AMT), Pfizer (PFE), Verizon Communications (VZ), Abbott Laboratories (ABT), Bristol-Myers Squibb (BMY) and Kinder Morgan (KMI). Who are Highwoods Properties' key executives? Highwoods Properties' management team includes the following 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 What is Highwoods Properties' stock symbol? Highwoods Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "HIW." Who are Highwoods Properties' major shareholders? Highwoods Properties' stock is owned by many different retail and institutional investors. Top institutional investors include Victory Capital Management Inc. (6.09%), Bank of New York Mellon Corp (1.38%), Macquarie Group Ltd. (1.22%), Russell Investments Group Ltd. (1.05%), Cbre Clarion Securities LLC (0.94%) and Boston Trust Walden Corp (0.79%). Company insiders that own Highwoods Properties stock include Carlos E Evans and Jeffrey Douglas Miller. 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 Macquarie Group Ltd., Sumitomo Mitsui Trust Holdings Inc., NN Investment Partners Holdings N.V., NN Investment Partners Holdings N.V., UBS Group AG, WINTON GROUP Ltd, Barclays PLC, and Bank of New York Mellon Corp. View insider buying and selling activity 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 Cbre Clarion Securities LLC, Russell Investments Group Ltd., Ensign Peak Advisors Inc, Victory Capital Management Inc., Monarch Partners Asset Management LLC, Davis Selected Advisers, Bessemer Group Inc., and Goldman Sachs Group 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. 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 $39.41. How big of a company is Highwoods Properties? Highwoods Properties has a market capitalization of $4.09 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. What is Highwoods Properties' official website? The official website for Highwoods Properties is 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] This page was last updated on 8/12/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
