NYSE:HIWHighwoods Properties Stock Price, Forecast & 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. Since then, HIW stock has decreased by 6.5% and is now trading at $37.85. 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) announced its quarterly earnings results on Tuesday, April, 28th. The real estate investment trust reported $1.79 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.88 by $0.91. The real estate investment trust earned $192.80 million during 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 company's quarterly revenue was up 11.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.72 earnings per share. View Highwoods Properties' earnings history.

Highwoods Properties announced a quarterly dividend on Tuesday, April 28th. Shareholders 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 dividend on an annualized basis and a dividend yield of 5.07%. The ex-dividend date is Friday, May 15th. View Highwoods Properties' dividend history.

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

10 brokers have issued 12-month price objectives for Highwoods Properties' stock. Their forecasts range from $34.00 to $55.00. On average, they expect Highwoods Properties' share price to reach $44.38 in the next year. This suggests a possible upside of 17.2% from the stock's current price. View analysts' price targets for Highwoods Properties.

Media coverage about HIW stock has trended very negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Highwoods Properties earned a news sentiment score of -3.4 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Highwoods Properties.

Highwoods Properties saw a drop in short interest during the month of June. As of June 15th, there was short interest totaling 1,210,000 shares, a drop of 24.8% from the May 31st total of 1,610,000 shares. Based on an average daily trading volume, of 1,110,000 shares, the days-to-cover ratio is currently 1.1 days. Currently, 1.2% of the company's shares 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."

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 $37.85.

Highwoods Properties has a market capitalization of $3.93 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]