NYSE:HIW Highwoods Properties Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Highwoods Properties Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $33.57 +0.25 (+0.75 %) (As of 09/22/2020 12:00 AM ET) Add Compare Share Today's Range$33.38Now: $33.57▼$34.1250-Day Range$33.32MA: $37.28▼$39.8552-Week Range$25.10Now: $33.57▼$52.76Volume1.00 million shsAverage Volume908,356 shsMarket Capitalization$3.49 billionP/E Ratio11.19Dividend Yield5.76%Beta0.91 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.4 Analyst's Opinion Consensus RatingHighwoods Properties has received a consensus rating of Buy. The company's average rating score is 2.82, and is based on 9 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $44.38, Highwoods Properties has a forecasted upside of 32.2% from its current price of $33.57.Amount of Analyst CoverageHighwoods Properties has only been the subject of 2 research reports in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesHighwoods Properties has received 348 “outperform” votes. (Add your “outperform” vote.)Underperform VotesHighwoods Properties has received 392 “underperform” votes. (Add your “underperform” vote.)Community SentimentHighwoods Properties has received 52.97% “underperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipHighwoods Properties is a leading dividend payer. It pays a dividend yield of 5.76%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHighwoods Properties has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Highwoods Properties is 57.66%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Highwoods Properties will have a dividend payout ratio of 53.48% next year. This indicates that Highwoods Properties will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Highwoods Properties insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.40% of the stock of Highwoods Properties is held by insiders.Percentage Held by Institutions93.40% of the stock of Highwoods Properties is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Highwoods Properties are expected to decrease by -0.55% in the coming year, from $3.61 to $3.59 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Highwoods Properties is 11.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.40.Price to Earnings Ratio vs. SectorThe P/E ratio of Highwoods Properties is 11.19, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.00.Price to Earnings Growth RatioHighwoods Properties has a PEG Ratio of 2.02. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioHighwoods Properties has a P/B Ratio of 1.62. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.4Community Rank: 2.4Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.28 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustryOffice REITs SectorFinance Current SymbolNYSE:HIW Previous Symbol CUSIP43128410 CIK921082 Webwww.highwoods.com Phone919-872-4924Debt Debt-to-Equity Ratio1.01 Current Ratio1.07 Quick Ratio1.07Price-To-Earnings Trailing P/E Ratio11.19 Forward P/E Ratio9.30 P/E Growth2.02 Sales & Book Value Annual Sales$735.98 million Price / Sales4.74 Cash Flow$3.54 per share Price / Cash Flow9.47 Book Value$20.67 per share Price / Book1.62Profitability EPS (Most Recent Fiscal Year)$3.33 Net Income$136.92 million Net Margins41.15% Return on Equity13.93% Return on Assets6.15%Miscellaneous Employees442 Outstanding Shares103,896,000Market Cap$3.49 billion Next Earnings Date10/27/2020 (Estimated) OptionableOptionable $33.57 +0.25 (+0.75 %) (As of 09/22/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive HIW News and Ratings via Email Sign-up to receive the latest news and ratings for HIW and its competitors with MarketBeat's FREE daily newsletter. Highwoods Properties (NYSE:HIW) Frequently Asked Questions How has Highwoods Properties' stock price been impacted by COVID-19? Highwoods Properties' stock was trading at $40.47 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, HIW shares have decreased by 17.0% and is now trading at $33.57. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Highwoods Properties? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Highwoods Properties in the last year. There are currently 2 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Highwoods Properties. When is Highwoods Properties' next earnings date? Highwoods Properties is scheduled to release its next quarterly earnings announcement on Tuesday, October 27th 2020. View our earnings forecast for Highwoods Properties. How were Highwoods Properties' earnings last quarter? Highwoods Properties Inc (NYSE:HIW) released its quarterly earnings data on Tuesday, July, 28th. The real estate investment trust reported $0.36 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.89 by $0.53. The real estate investment trust had revenue of $183.15 million for the quarter, compared to analysts' expectations of $187.69 million. Highwoods Properties had a return on equity of 13.93% and a net margin of 41.15%. The company's revenue for the quarter was down .5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.87 earnings per share. View Highwoods Properties' earnings history. How often does Highwoods Properties pay dividends? What is the dividend yield for Highwoods Properties? Highwoods Properties declared a quarterly dividend on Tuesday, July 28th. Investors of record on Monday, August 17th will be paid a dividend of $0.48 per share on Wednesday, September 9th. This represents a $1.92 dividend on an annualized basis and a yield of 5.72%. The ex-dividend date of this dividend is Friday, August 14th. View Highwoods Properties' dividend history. What guidance has Highwoods Properties issued on next quarter's earnings? Highwoods Properties updated its FY20 earnings guidance on Tuesday, July, 28th. The company provided earnings per share (EPS) guidance of $3.59-3.68 for the period, compared to the Thomson Reuters consensus estimate of $3.58. What price target have analysts set for HIW? 11 equities research analysts have issued 12-month target prices for Highwoods Properties' stock. 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 32.2% from the stock's current price. View analysts' price targets for Highwoods Properties. Are investors shorting Highwoods Properties? Highwoods Properties saw a increase in short interest in July. As of July 31st, there was short interest totaling 981,200 shares, an increase of 12.1% from the July 15th total of 874,900 shares. Based on an average daily trading volume, of 969,200 shares, the days-to-cover ratio is currently 1.0 days. Approximately 1.0% of the company's stock are sold short. View Highwoods Properties' Short Interest. Who are some of Highwoods Properties' key competitors? 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), CoreSite Realty (COR), Douglas Emmett (DEI), 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. What other stocks do shareholders of Highwoods Properties own? Based on aggregate information from My MarketBeat watchlists, some companies that other Highwoods Properties investors own include Cisco Systems (CSCO), NVIDIA (NVDA), AT&T (T), American Tower (AMT), Verizon Communications (VZ), Exxon Mobil (XOM), Bristol-Myers Squibb (BMY), CVS Health (CVS), Prologis (PLD) and Walmart (WMT). Who are Highwoods Properties' key executives? Highwoods Properties' management team includes the following people: Mr. Edward J. Fritsch, CEO & Director (Age 60)Mr. Theodore J. Klinck, Pres & COO (Age 53)Mr. Mark F. Mulhern CPA, Exec. VP & CFO (Age 59)Mr. Jeffrey D. Miller, Exec. VP, Gen. Counsel & Sec. (Age 48)Mr. Daniel L. Clemmens CPA, VP & Chief Accounting Officer What is Highwoods Properties' stock symbol? Highwoods Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "HIW." Who are Highwoods Properties' major shareholders? Highwoods Properties' stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (14.37%), FMR LLC (9.65%), Victory Capital Management Inc. (6.09%), Bank of New York Mellon Corp (1.38%), Macquarie Group Ltd. (1.22%) and Charles Schwab Investment Management Inc. (1.09%). Company insiders that own Highwoods Properties stock include Carlos E Evans and Jeffrey Douglas Miller. View institutional ownership trends for Highwoods Properties. Which major investors are selling Highwoods Properties stock? HIW stock was sold by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., Lasalle Investment Management Securities LLC, Sumitomo Mitsui Trust Holdings Inc., Vanguard Group Inc., Charles Schwab Investment Management Inc., Sei Investments Co., NN Investment Partners Holdings N.V., and NN Investment Partners Holdings N.V.. View insider buying and selling activity for Highwoods Properties. Which major investors are buying Highwoods Properties stock? HIW stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Cbre Clarion Securities LLC, Nuveen Asset Management LLC, Waterfront Capital Partners LLC, Russell Investments Group Ltd., Ensign Peak Advisors Inc, Victory Capital Management Inc., and Monarch Partners Asset Management LLC. 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. 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, Robinhood, Fidelity, and Charles Schwab. What is Highwoods Properties' stock price today? One share of HIW stock can currently be purchased for approximately $33.57. How big of a company is Highwoods Properties? Highwoods Properties has a market capitalization of $3.49 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. What is Highwoods Properties' official website? The official website for Highwoods Properties is www.highwoods.com. 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] This page was last updated on 9/22/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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