NYSE:HIWHighwoods Properties Stock Price, Forecast & News

Highwoods Properties' stock was trading at $40.47 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, HIW stock has decreased by 10.9% and is now trading at $36.04. 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) posted its earnings results on Tuesday, April, 28th. The real estate investment trust reported $1.79 earnings per share for the quarter, beating the Zacks' 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 return on equity of 14.27% and a net margin of 41.50%. Highwoods Properties's quarterly revenue was up 11.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.72 earnings per share. View Highwoods Properties' earnings history.

Highwoods Properties announced a quarterly dividend on Tuesday, April 28th. Stockholders 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 5.33%. 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 guidance of $3.55-3.68 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.57.

10 brokerages have issued 1-year price objectives for Highwoods Properties' shares. Their forecasts range from $34.00 to $55.00. On average, they expect Highwoods Properties' stock price to reach $44.38 in the next twelve months. This suggests a possible upside of 23.1% from the stock's current price. View analysts' price targets for Highwoods Properties.

News headlines about HIW stock have been trending neutral recently, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of 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 0.4 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news about Highwoods Properties.

Highwoods Properties saw a increase in short interest during the month of 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 trading volume of 1,060,000 shares, the short-interest ratio is currently 1.7 days. Currently, 1.8% of the company's shares are sold short. 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 a number of retail and institutional investors. Top institutional investors include Timbercreek Investment Management Inc. (0.11%), Envestnet Asset Management Inc. (0.05%) 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 bought by a variety of institutional investors in the last quarter, including Exane Derivatives. 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 $36.04.

Highwoods Properties has a market capitalization of $3.74 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]