Highwoods Properties Stock Forecast, Price & News

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 stock has decreased by 4.0% and is now trading at $38.87.
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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.

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Highwoods Properties is scheduled to release its next quarterly earnings announcement on Tuesday, February 2nd 2021.
View our earnings forecast for Highwoods Properties.

Highwoods Properties, Inc. (NYSE:HIW) released its quarterly earnings results on Tuesday, October, 27th. The real estate investment trust reported $0.39 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.88 by $0.49. Highwoods Properties had a return on equity of 14.22% and a net margin of 43.16%.
View Highwoods Properties' earnings history.

Highwoods Properties announced a quarterly dividend on Friday, October 16th. Shareholders of record on Monday, November 16th will be paid a dividend of $0.48 per share on Tuesday, December 8th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 4.94%. The ex-dividend date is Friday, November 13th.
View Highwoods Properties' dividend history.

Highwoods Properties updated its FY20 earnings guidance on Tuesday, October, 27th. The company provided earnings per share (EPS) guidance of $3.59-$3.61 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.61.

12 brokers have issued twelve-month price objectives for Highwoods Properties' shares. Their forecasts range from $34.00 to $55.00. On average, they expect Highwoods Properties' share price to reach $43.89 in the next year. This suggests a possible upside of 12.9% from the stock's current price.
View analysts' price targets for Highwoods Properties.

Some companies that are related to Highwoods Properties include Digital Realty Trust (DLR), Alexandria Real Estate Equities (ARE), Boston Properties (BXP), CyrusOne (CONE), Kilroy Realty (KRC), Douglas Emmett (DEI), CoreSite Realty (COR), SL Green Realty (SLG), Hudson Pacific Properties (HPP), Equity Commonwealth (EQC), Corporate Office Properties Trust (OFC), Piedmont Office Realty Trust (PDM), Brandywine Realty Trust (BDN), Mack-Cali Realty (CLI) and Franklin Street Properties (FSP).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Highwoods Properties investors own include American Tower (AMT), Cisco Systems (CSCO), Bristol-Myers Squibb (BMY), NVIDIA (NVDA), AT&T (T), Pfizer (PFE), Prologis (PLD), Verizon Communications (VZ), Exxon Mobil (XOM) and The Kraft Heinz (KHC).

Highwoods Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "HIW."

Highwoods Properties' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (10.88%), Victory Capital Management Inc. (5.55%), State Street Corp (4.29%), Great West Life Assurance Co. Can (1.75%), Charles Schwab Investment Management Inc. (1.32%) and Lord Abbett & CO. LLC (1.10%). 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.

HIW stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., State Street Corp, BlackRock Inc., Heitman Real Estate Securities LLC, Landscape Capital Management L.L.C., Rothschild & Co. Asset Management US Inc., Truist Financial Corp, and Standard Life Aberdeen plc.
View insider buying and selling activity for Highwoods Properties.

HIW stock was acquired by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, Charles Schwab Investment Management Inc., AJO LP, AQR Capital Management LLC, JPMorgan Chase & Co., Hill Winds Capital LP, LSV Asset Management, and Virginia Retirement Systems ET AL. 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.

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.

One share of HIW stock can currently be purchased for approximately $38.87.

Highwoods Properties has a market capitalization of $4.04 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 431 workers across the globe.

The official website for Highwoods Properties is www.highwoods.com.

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]