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.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
Phone919-872-4924
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$720.03 million
Profitability
Miscellaneous
Employees442
Next Earnings Date10/22/2019 (Confirmed)
OptionableOptionable
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 Wednesday, July 31st. Stockholders of record on Monday, August 12th will be given a dividend of $0.475 per share on Wednesday, September 4th. This represents a $1.90 annualized dividend and a dividend yield of 4.31%. The ex-dividend date is Friday, August 9th. View Highwoods Properties' Dividend History.
How were Highwoods Properties' earnings last quarter?
Highwoods Properties Inc (NYSE:HIW) released its quarterly earnings data on Tuesday, July, 23rd. The real estate investment trust reported $0.38 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.85 by $0.47. The real estate investment trust had revenue of $184.10 million for the quarter, compared to analysts' expectations of $180.20 million. Highwoods Properties had a return on equity of 6.13% and a net margin of 18.79%. The company's revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.87 EPS. View Highwoods Properties' Earnings History.
When is Highwoods Properties' next earnings date?
How can I listen to Highwoods Properties' earnings call?
Highwoods Properties will be holding an earnings conference call on Tuesday, October 22nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What guidance has Highwoods Properties issued on next quarter's earnings?
Highwoods Properties updated its FY 2019 earnings guidance on Tuesday, July, 23rd. The company provided earnings per share guidance of $3.32-3.38 for the period.
What price target have analysts set for HIW?
4 analysts have issued 1 year price targets for Highwoods Properties' stock. Their predictions range from $49.00 to $51.00. On average, they anticipate Highwoods Properties' share price to reach $50.00 in the next year. This suggests a possible upside of 13.3% from the stock's current price. View Analyst Price Targets for Highwoods Properties.
What is the consensus analysts' recommendation for Highwoods Properties?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Highwoods Properties in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Highwoods Properties.
Has Highwoods Properties been receiving favorable news coverage?
Media stories about HIW stock have been trending negative recently, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Highwoods Properties earned a media sentiment score of -2.2 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Highwoods Properties.
Are investors shorting Highwoods Properties?
Highwoods Properties saw a decrease in short interest in September. As of September 15th, there was short interest totalling 1,860,000 shares, a decrease of 5.6% from the August 15th total of 1,970,000 shares. Based on an average daily volume of 793,400 shares, the short-interest ratio is presently 2.3 days. Approximately 1.8% of the company's stock are short sold. View Highwoods Properties' Current Options Chain.
Who are some of Highwoods Properties' key competitors?
Some companies that are related to Highwoods Properties include HCP (HCP), Alexandria Real Estate Equities (ARE), WP Carey (WPC), Mid-America Apartment Communities (MAA), Extra Space Storage (EXR), UDR (UDR), Sun Communities (SUI), ANNALY CAP MGMT/SH (NLY), Equity Lifestyle Properties (ELS), Gecina (GECFF), Duke Realty (DRE), Host Hotels and Resorts (HST), Vornado Realty Trust (VNO), Regency Centers (REG) and Camden Property Trust (CPT).
What other stocks do shareholders of Highwoods Properties own?
Who are Highwoods Properties' key executives?
Highwoods Properties' management team includes the folowing 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
Who are Highwoods Properties' major shareholders?
Highwoods Properties' stock is owned by a number of of institutional and retail investors. Top institutional investors include Garland Capital Management Inc. (0.08%), Nisa Investment Advisors LLC (0.08%), Pacer Advisors Inc. (0.04%), Meeder Asset Management Inc. (0.04%), State of Alaska Department of Revenue (0.03%) and Fox Run Management L.L.C. (0.01%). Company insiders that own Highwoods Properties stock include Carlos E Evans, Jeffrey Douglas Miller, Mark F Mulhern and Sherry A Kellett. View Institutional Ownership Trends for Highwoods Properties.
Which major investors are selling Highwoods Properties stock?
Which major investors are buying Highwoods Properties stock?
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 $44.13.
How big of a company is Highwoods Properties?
Highwoods Properties has a market capitalization of $4.58 billion and generates $720.03 million in revenue each year. The real estate investment trust earns $171.83 million in net income (profit) each year or $3.45 on an earnings per share basis. Highwoods Properties employs 442 workers across the globe.View Additional Information About Highwoods Properties.
What is Highwoods Properties' official website?
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)
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.
