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

$51.81
+0.14 (+0.27 %)
(As of 02/21/2020 04:00 PM ET)
Today's Range
$51.49
Now: $51.81
$51.88
50-Day Range
$47.37
MA: $50.49
$52.51
52-Week Range
$40.75
Now: $51.81
$52.76
Volume854,574 shs
Average Volume703,690 shs
Market Capitalization$5.38 billion
P/E Ratio39.85
Dividend Yield3.72%
Beta0.84
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
CUSIP43128410
Phone919-872-4924

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$735.98 million
Cash Flow$3.78 per share
Book Value$20.67 per share

Profitability

Net Income$136.92 million

Miscellaneous

Employees442
Market Cap$5.38 billion
Next Earnings Date4/28/2020 (Estimated)
OptionableOptionable

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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, February 5th. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.48 per share on Tuesday, March 10th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 3.71%. 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.

How were Highwoods Properties' earnings last quarter?

Highwoods Properties Inc (NYSE:HIW) posted its quarterly earnings data on Tuesday, February, 4th. The real estate investment trust reported $0.58 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.90 by $0.32. The real estate investment trust had revenue of $192.07 million for the quarter, compared to analyst estimates of $192.66 million. Highwoods Properties had a net margin of 18.52% and a return on equity of 6.31%. The business's quarterly revenue was up 5.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.86 EPS. 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, April 28th 2020. View Earnings Estimates for Highwoods Properties.

What guidance has Highwoods Properties issued on next quarter's earnings?

Highwoods Properties updated its FY20 earnings guidance on Tuesday, February, 4th. The company provided earnings per share (EPS) guidance of $3.60-3.72 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.60.

What price target have analysts set for HIW?

6 Wall Street analysts have issued 1 year price objectives for Highwoods Properties' shares. Their forecasts range from $47.00 to $51.00. On average, they expect Highwoods Properties' share price to reach $49.40 in the next twelve months. This suggests that the stock has a possible downside of 4.7%. View Analyst Price Targets for Highwoods Properties.

What is the consensus analysts' recommendation 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.

Has Highwoods Properties been receiving favorable news coverage?

Media headlines about HIW stock have been trending somewhat positive on Saturday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Highwoods Properties earned a coverage optimism score of 0.6 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Highwoods Properties.

Are investors shorting Highwoods Properties?

Highwoods Properties saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 2,640,000 shares, an increase of 23.4% from the January 15th total of 2,140,000 shares. Based on an average daily volume of 696,800 shares, the days-to-cover ratio is presently 3.8 days. Currently, 2.6% of the shares of the company are short sold. View Highwoods Properties' Current Options Chain.

Who are some of Highwoods Properties' key 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), Verizon Communications (VZ), Abbott Laboratories (ABT), Amphenol (APH), CVS Health (CVS), Pfizer (PFE), Gilead Sciences (GILD), Kraft Heinz (KHC) and Seagate Technology (STX).

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 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 Renaissance Technologies LLC (1.96%). 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.

Which institutional investors are selling Highwoods Properties stock?

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.

Which institutional investors are buying Highwoods Properties stock?

HIW stock was purchased 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, Prudential Financial Inc., Rothschild & Co. Asset Management US Inc., Martingale Asset Management L P and UBS Group AG. 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, Robinhood, Fidelity and Charles Schwab.

What is Highwoods Properties' stock price today?

One share of HIW stock can currently be purchased for approximately $51.81.

How big of a company is Highwoods Properties?

Highwoods Properties has a market capitalization of $5.38 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.

What is Highwoods Properties' official website?

The official website for Highwoods Properties is http://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]


MarketBeat Community Rating for Highwoods Properties (NYSE HIW)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  338 (Vote Outperform)
Underperform Votes:  385 (Vote Underperform)
Total Votes:  723
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 2/22/2020 by MarketBeat.com Staff

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