NYSE:HIWHighwoods Properties Stock Price, Forecast & News

Highwoods Properties' stock was trading at $40.47 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, HIW stock has decreased by 9.6% and is now trading at $36.58. View which stocks have been most impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Highwoods Properties in the last year. There are currently 2 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Highwoods Properties.

Highwoods Properties is scheduled to release its next quarterly earnings announcement on Tuesday, July 28th 2020. View our earnings forecast for Highwoods Properties.

Highwoods Properties will be holding an earnings conference call on Tuesday, July 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Highwoods Properties Inc (NYSE:HIW) issued its quarterly earnings results on Tuesday, April, 28th. The real estate investment trust reported $1.79 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.91. The real estate investment trust earned $192.80 million during the quarter, compared to analyst estimates of $192.55 million. Highwoods Properties had a net margin of 41.50% and a return on equity of 14.27%. The firm's revenue was up 11.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.72 earnings per share. View Highwoods Properties' earnings history.

Highwoods Properties declared a quarterly dividend on Tuesday, April 28th. Shareholders of record on Monday, May 18th will be given a dividend of $0.48 per share on Monday, June 8th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 5.25%. The ex-dividend date of this dividend is Friday, May 15th. View Highwoods Properties' dividend history.

Highwoods Properties updated its FY20 earnings guidance on Tuesday, April, 28th. The company provided earnings per share (EPS) guidance of $3.55-3.68 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.57.

10 analysts have issued 12 month target prices for Highwoods Properties' shares. Their forecasts range from $34.00 to $55.00. On average, they anticipate Highwoods Properties' share price to reach $44.38 in the next year. This suggests a possible upside of 21.3% from the stock's current price. View analysts' price targets for Highwoods Properties.

Media stories about HIW stock have been trending very negative recently, InfoTrie reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real-time. 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 -3.2 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news about Highwoods Properties.

Highwoods Properties saw a increase in short interest in June. As of June 30th, there was short interest totaling 1,840,000 shares, an increase of 52.1% from the June 15th total of 1,210,000 shares. Based on an average daily trading volume, of 1,060,000 shares, the short-interest ratio is presently 1.7 days. Currently, 1.8% of the company's stock are short sold. View Highwoods Properties' Current Options Chain.

Some companies that are related to Highwoods Properties include DIGITAL RLTY TR/SH (DLR), Alexandria Real Estate Equities (ARE), Boston Properties (BXP), CyrusOne (CONE), Kilroy Realty (KRC), Douglas Emmett (DEI), CoreSite Realty (COR), Equity Commonwealth (EQC), SL Green Realty (SLG), Hudson Pacific Properties (HPP), Corporate Office Properties Trust (OFC), Piedmont Office Realty Trust (PDM), Brandywine Realty Trust (BDN), Mack Cali Realty (CLI) and Franklin Street Properties (FSP). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Highwoods Properties investors own include Cisco Systems (CSCO), Verizon Communications (VZ), NVIDIA (NVDA), Exxon Mobil (XOM), Prologis (PLD), AT&T (T), Abbott Laboratories (ABT), American Tower (AMT), Amphenol (APH) and Bristol-Myers Squibb (BMY).

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 shareholders include Timbercreek Investment Management Inc. (0.11%), Envestnet Asset Management Inc. (0.05%), Louisiana State Employees Retirement System (0.02%) and Exane Derivatives (0.00%). 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.

HIW stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., and Timbercreek Investment Management Inc.. View insider buying and selling activity for Highwoods Properties.

HIW stock was acquired by a variety of institutional investors in the last quarter, including Exane Derivatives, and Louisiana State Employees Retirement System. Company insiders that have bought Highwoods Properties stock in the last two years include Carlos E Evans, and Jeffrey Douglas Miller. 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 $36.58.

Highwoods Properties has a market capitalization of $3.80 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.

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]