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. Since then, HIW stock has decreased by 5.0% and is now trading at $38.46. 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 3 hold ratings and 7 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 Inc (NYSE:HIW) posted its quarterly earnings results on Tuesday, April, 28th. The real estate investment trust reported $1.79 EPS for the quarter, beating the consensus estimate of $0.88 by $0.91. The real estate investment trust had revenue of $192.80 million for the quarter, compared to analysts' expectations of $192.55 million. Highwoods Properties had a net margin of 41.50% and a return on equity of 14.27%. The business's revenue was up 11.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.72 earnings per share. View Highwoods Properties' earnings history.

Highwoods Properties declared a quarterly dividend on Tuesday, April 28th. Stockholders of record on Monday, May 18th will be paid a dividend of $0.48 per share on Monday, June 8th. This represents a $1.92 annualized dividend and a dividend yield of 4.99%. The ex-dividend date is Friday, May 15th. View Highwoods Properties' dividend history.

Highwoods Properties issued an update on 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 earnings per share estimate of $3.57.

10 Wall Street analysts have issued twelve-month target prices for Highwoods Properties' stock. Their forecasts range from $34.00 to $55.00. On average, they expect Highwoods Properties' share price to reach $43.88 in the next twelve months. This suggests a possible upside of 14.1% from the stock's current price. View analysts' price targets for Highwoods Properties.

News stories about HIW stock have been trending somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Highwoods Properties earned a daily sentiment score of 0.7 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the stock's share price in the near future. View the latest news aboutHighwoods Properties.

Highwoods Properties saw a decrease in short interest in May. As of May 15th, there was short interest totaling 895,500 shares, a decrease of 23.5% from the April 30th total of 1,170,000 shares. Based on an average trading volume of 956,300 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.9% of the shares of the company 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), Hudson Pacific Properties (HPP), SL Green Realty (SLG), 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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.19%), Victory Capital Management Inc. (5.93%), State Street Corp (4.88%), Cohen & Steers Inc. (2.77%), Deutsche Bank AG (2.57%) and Wellington Management Group LLP (2.47%). 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 JPMorgan Chase & Co., Invesco Ltd., Weiss Multi Strategy Advisers LLC, Franklin Resources Inc., BlackRock Inc., Principal Financial Group Inc., Retirement Systems of Alabama, and WINTON GROUP Ltd. View insider buying and selling activity for Highwoods Properties.

HIW stock was bought by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Deutsche Bank AG, Sumitomo Mitsui Trust Holdings Inc., Centersquare Investment Management LLC, Russell Investments Group Ltd., Nuveen Asset Management LLC, Balyasny Asset Management LLC, and Victory Capital Management Inc.. 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 $38.46.

Highwoods Properties has a market capitalization of $4.00 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]