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NYSE:HIW

Highwoods Properties Stock Forecast, Price & News

$33.19
+0.65 (+2.00 %)
(As of 09/28/2020 05:48 AM ET)
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Today's Range
$32.20
Now: $33.19
$33.29
50-Day Range
$32.28
MA: $36.92
$39.85
52-Week Range
$25.10
Now: $33.19
$52.76
Volume625,200 shs
Average Volume905,692 shs
Market Capitalization$3.45 billion
P/E Ratio11.06
Dividend Yield5.78%
Beta0.91
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.4Community Rank: 2.4Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.88 out of 5 stars


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$3.50 per share
Book Value$20.67 per share

Profitability

Net Income$136.92 million

Miscellaneous

Employees442
Market Cap$3.45 billion
Next Earnings Date10/27/2020 (Estimated)
OptionableOptionable
$33.19
+0.65 (+2.00 %)
(As of 09/28/2020 05:48 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Highwoods Properties (NYSE:HIW) Frequently Asked Questions

How has Highwoods Properties' stock price been impacted by COVID-19?

Highwoods Properties' stock was trading at $40.47 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, HIW shares have decreased by 18.0% and is now trading at $33.19.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Highwoods Properties?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Highwoods Properties in the last year. There are currently 2 hold ratings and 10 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) issued its quarterly earnings data on Tuesday, July, 28th. The real estate investment trust reported $0.36 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.89 by $0.53. The real estate investment trust earned $183.15 million during the quarter, compared to analyst estimates of $187.69 million. Highwoods Properties had a return on equity of 13.93% and a net margin of 41.15%. The firm's revenue was down .5% compared to the same quarter last year. During the same quarter in the previous 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 announced a quarterly dividend on Tuesday, July 28th. Investors 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 yield of 5.78%. The ex-dividend date of this dividend is Friday, August 14th.
View Highwoods Properties' dividend history
.

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

Highwoods Properties issued an update on its FY20 earnings guidance on Tuesday, July, 28th. The company provided earnings per share (EPS) guidance of $3.59-3.68 for the period, compared to the Thomson Reuters consensus estimate of $3.58.

What price target have analysts set for HIW?

12 brokers have issued 12-month price targets for Highwoods Properties' shares. Their forecasts range from $34.00 to $55.00. On average, they anticipate Highwoods Properties' share price to reach $44.44 in the next year. This suggests a possible upside of 33.9% from the stock's current price.
View analysts' price targets for Highwoods Properties
.

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), American Tower (AMT), NVIDIA (NVDA), Prologis (PLD), AT&T (T), Exxon Mobil (XOM), Bristol-Myers Squibb (BMY), Kimco Realty (KIM), Ventas (VTR) and Verizon Communications (VZ).

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 a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (14.37%), FMR LLC (9.65%), Victory Capital Management Inc. (6.09%), Bank of New York Mellon Corp (1.38%), Macquarie Group Ltd. (1.22%) and Charles Schwab Investment Management Inc. (1.09%). Company insiders that own Highwoods Properties stock include Carlos E Evans, Jeffrey Douglas Miller and Thomas P Anderson.
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 Macquarie Group Ltd., Lasalle Investment Management Securities LLC, Sumitomo Mitsui Trust Holdings Inc., Vanguard Group Inc., Charles Schwab Investment Management Inc., Sei Investments Co., NN Investment Partners Holdings N.V., and NN Investment Partners Holdings N.V..
View insider buying and selling activity for Highwoods Properties
.

Which institutional investors are buying Highwoods Properties stock?

HIW stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Cbre Clarion Securities LLC, Nuveen Asset Management LLC, Waterfront Capital Partners LLC, Russell Investments Group Ltd., Ensign Peak Advisors Inc, Victory Capital Management Inc., and Monarch Partners Asset Management LLC. Company insiders that have bought Highwoods Properties stock in the last two years include Carlos E Evans, Jeffrey Douglas Miller, and Thomas P Anderson.
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 $33.19.

How big of a company is Highwoods Properties?

Highwoods Properties has a market capitalization of $3.45 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 9/28/2020 by MarketBeat.com Staff

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