About Highwoods Properties (NYSE:HIW)
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. For more information about Highwoods, please visit our website at www.highwoods.com.
Industry, Sector and Symbol
Industry Real estate investment trusts
Trailing P/E Ratio14.74
Forward P/E Ratio14.15
Sales & Book Value
Annual Sales$702.74 million
Price / Sales7.16
Cash Flow$4.0281 per share
Price / Cash12.08
Book Value$21.39 per share
Price / Book2.27
EPS (Most Recent Fiscal Year)$3.28
Net Income$185.36 million
Return on Equity8.40%
Return on Assets4.01%
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 Thursday, April 19th. Investors of record on Friday, May 18th will be paid a dividend of $0.4625 per share on Tuesday, June 5th. This represents a $1.85 annualized dividend and a yield of 3.80%. The ex-dividend date of this dividend is Thursday, May 17th. View Highwoods Properties' Dividend History.
How were Highwoods Properties' earnings last quarter?
Highwoods Properties Inc (NYSE:HIW) released its quarterly earnings data on Tuesday, April, 24th. The real estate investment trust reported $0.31 earnings per share for the quarter, beating analysts' consensus estimates of $0.27 by $0.04. The real estate investment trust earned $180.44 million during the quarter, compared to analyst estimates of $176.03 million. Highwoods Properties had a net margin of 25.90% and a return on equity of 8.40%. The firm's revenue was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.80 earnings per share. View Highwoods Properties' Earnings History.
When is Highwoods Properties' next earnings date?
What price target have analysts set for HIW?
8 equities research analysts have issued 1-year target prices for Highwoods Properties' shares. Their predictions range from $46.00 to $60.00. On average, they anticipate Highwoods Properties' stock price to reach $52.8333 in the next year. View Analyst Ratings for Highwoods Properties.
Are investors shorting Highwoods Properties?
Highwoods Properties saw a increase in short interest in the month of May. As of May 15th, there was short interest totalling 1,589,138 shares, an increase of 164.5% from the April 30th total of 600,714 shares. Based on an average daily volume of 787,441 shares, the short-interest ratio is currently 2.0 days. Currently, 1.6% of the shares of the company are sold short.
Who are some of Highwoods Properties' key competitors?
Some companies that are related to Highwoods Properties include GGP (GGP), Ventas (VTR), Boston Properties (BXP), SBA Communications (SBAC), Host Hotels and Resorts (HST), Essex Property Trust (ESS), Realty Income (O), Vornado Realty Trust (VNO), Alexandria Real Estate Equities (ARE), Gecina (GECFF), Klépierre (KLPEF), Extra Space Storage (EXR), ANNALY Cap Mgmt/SH (NLY), HCP (HCP) and Mid-America Apartment Communities (MAA).
Who are Highwoods Properties' key executives?
Highwoods Properties' management team includes the folowing people:
- Mr. Edward J. Fritsch, Pres, CEO & Director (Age 59)
- Mr. Mark F. Mulhern CPA, Exec. VP & CFO (Age 58)
- Mr. Theodore J. Klinck, Exec. VP, Chief Operating & Investment Officer (Age 52)
- Mr. Jeffrey D. Miller, Exec. VP, Gen. Counsel & Sec. (Age 47)
- Mr. Daniel L. Clemmens CPA, VP & Chief Accounting Officer
Has Highwoods Properties been receiving favorable news coverage?
News coverage about HIW stock has been trending somewhat positive on Monday, according to Accern. The research firm ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Highwoods Properties earned a media sentiment score of 0.13 on Accern's scale. They also assigned news coverage about the real estate investment trust an impact score of 46.85 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are Highwoods Properties' major shareholders?
Highwoods Properties' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.54%), JPMorgan Chase & Co. (3.60%), Centersquare Investment Management LLC (2.72%), Millennium Management LLC (1.96%), Nuveen Asset Management LLC (1.68%) and Northern Trust Corp (1.54%). Company insiders that own Highwoods Properties stock include Edward J Fritsch, Jeffrey Douglas Miller, Sherry A Kellett and Theodore J Klinck. 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 Daiwa Securities Group Inc., Westwood Holdings Group Inc., Lord Abbett & CO. LLC, Neuberger Berman Group LLC, Putnam FL Investment Management Co., Principal Financial Group Inc., Principal Financial Group Inc. and Duff & Phelps Investment Management Co.. Company insiders that have sold Highwoods Properties company stock in the last year include Jeffrey Douglas Miller and Sherry A Kellett. View Insider Buying and Selling for Highwoods Properties.
Which institutional investors are buying Highwoods Properties stock?
HIW stock was acquired by a variety of institutional investors in the last quarter, including Centersquare Investment Management LLC, Nuveen Asset Management LLC, Heitman Real Estate Securities LLC, BlackRock Inc., Prudential Financial Inc., Echo Street Capital Management LLC, Citigroup Inc. and Pacific Heights Asset Management LLC. 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, Scottrade, Fidelity and Charles Schwab.
What is Highwoods Properties' stock price today?
One share of HIW stock can currently be purchased for approximately $48.66.
How big of a company is Highwoods Properties?
Highwoods Properties has a market capitalization of $5.02 billion and generates $702.74 million in revenue each year. The real estate investment trust earns $185.36 million in net income (profit) each year or $3.28 on an earnings per share basis. Highwoods Properties employs 441 workers across the globe.
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 (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.