NYSE:HIW - Highwoods Properties Stock Price, Price Target & More

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$48.66 +0.16 (+0.33 %)
(As of 06/19/2018 08:29 AM ET)
Previous Close$48.50
Today's Range$48.22 - $48.73
52-Week Range$41.34 - $53.34
Volume763,686 shs
Average Volume770,646 shs
Market Capitalization$5.02 billion
P/E Ratio14.84
Dividend Yield3.81%
Beta0.79
Highwoods Properties logoHighwoods 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. For more information about Highwoods, please visit our website at www.highwoods.com.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
SymbolNYSE:HIW
CUSIP43128410
Phone919-872-4924

Debt

Debt-to-Equity Ratio0.95
Current Ratio1.47
Quick Ratio1.47

Price-To-Earnings

Trailing P/E Ratio14.84
Forward P/E Ratio14.15
P/E Growth4.7

Sales & Book Value

Annual Sales$702.74 million
Price / Sales7.16
Cash Flow$4.0281 per share
Price / Cash12.08
Book Value$21.39 per share
Price / Book2.27

Profitability

EPS (Most Recent Fiscal Year)$3.28
Net Income$185.36 million
Net Margins25.90%
Return on Equity8.40%
Return on Assets4.01%

Miscellaneous

Employees441
Outstanding Shares103,420,000

Highwoods Properties (NYSE:HIW) Frequently Asked Questions

What is Highwoods Properties' stock symbol?

Highwoods Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "HIW."

How often does Highwoods Properties pay dividends? What is the dividend yield for Highwoods Properties?

Highwoods Properties announced a quarterly dividend on Thursday, April 19th. Investors of record on Friday, May 18th will be given a dividend of $0.4625 per share on Tuesday, June 5th. This represents a $1.85 annualized dividend and a yield of 3.80%. The ex-dividend date of this dividend is Thursday, May 17th. View Highwoods Properties' Dividend History.

How were Highwoods Properties' earnings last quarter?

Highwoods Properties Inc (NYSE:HIW) released its earnings results on Tuesday, April, 24th. The real estate investment trust reported $0.31 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.27 by $0.04. The real estate investment trust earned $180.44 million during the quarter, compared to the consensus estimate of $176.03 million. Highwoods Properties had a return on equity of 8.40% and a net margin of 25.90%. The company's quarterly revenue was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.80 EPS. View Highwoods Properties' Earnings History.

When is Highwoods Properties' next earnings date?

Highwoods Properties is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for Highwoods Properties.

What price target have analysts set for HIW?

8 brokerages have issued 1-year price objectives for Highwoods Properties' stock. Their forecasts range from $46.00 to $60.00. On average, they expect Highwoods Properties' stock price to reach $52.8333 in the next year. View Analyst Ratings for Highwoods Properties.

Are investors shorting Highwoods Properties?

Highwoods Properties saw a increase in short interest in May. As of May 15th, there was short interest totalling 1,589,138 shares, an increase of 164.5% from the April 30th total of 600,714 shares. Based on an average trading volume of 787,441 shares, the days-to-cover ratio is currently 2.0 days. Approximately 1.6% of the shares of the company are short sold.

Who are some of Highwoods Properties' key competitors?

Who are Highwoods Properties' key executives?

Highwoods Properties' management team includes the folowing people:
  • Mr. Edward J. Fritsch, Pres, CEO & Director (Age 59)
  • Mr. Mark F. Mulhern CPA, Exec. VP & CFO (Age 58)
  • Mr. Theodore J. Klinck, Exec. VP, Chief Operating & Investment Officer (Age 52)
  • Mr. Jeffrey D. Miller, Exec. VP, Gen. Counsel & Sec. (Age 47)
  • Mr. Daniel L. Clemmens CPA, VP & Chief Accounting Officer

Has Highwoods Properties been receiving favorable news coverage?

News coverage about HIW stock has trended somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Highwoods Properties earned a news sentiment score of 0.05 on Accern's scale. They also gave press coverage about the real estate investment trust an impact score of 44.47 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Who are Highwoods Properties' major shareholders?

Highwoods Properties' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.54%), JPMorgan Chase & Co. (3.60%), Centersquare Investment Management LLC (2.72%), Millennium Management LLC (1.96%), Nuveen Asset Management LLC (1.68%) and Northern Trust Corp (1.54%). Company insiders that own Highwoods Properties stock include Edward J Fritsch, Jeffrey Douglas Miller, Sherry A Kellett and Theodore J Klinck. View Institutional Ownership Trends for Highwoods Properties.

Which institutional investors are selling Highwoods Properties stock?

HIW stock was sold by a variety of institutional investors in the last quarter, including Daiwa Securities Group Inc., Westwood Holdings Group Inc., Lord Abbett & CO. LLC, Neuberger Berman Group LLC, Putnam FL Investment Management Co., Principal Financial Group Inc., Principal Financial Group Inc. and Duff & Phelps Investment Management Co.. Company insiders that have sold Highwoods Properties company stock in the last year include Jeffrey Douglas Miller and Sherry A Kellett. View Insider Buying and Selling for Highwoods Properties.

Which institutional investors are buying Highwoods Properties stock?

HIW stock was acquired by a variety of institutional investors in the last quarter, including Centersquare Investment Management LLC, Nuveen Asset Management LLC, Heitman Real Estate Securities LLC, BlackRock Inc., Prudential Financial Inc., Echo Street Capital Management LLC, Citigroup Inc. and Pacific Heights Asset Management LLC. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Highwoods Properties' stock price today?

One share of HIW stock can currently be purchased for approximately $48.66.

How big of a company is Highwoods Properties?

Highwoods Properties has a market capitalization of $5.02 billion and generates $702.74 million in revenue each year. The real estate investment trust earns $185.36 million in net income (profit) each year or $3.28 on an earnings per share basis. Highwoods Properties employs 441 workers across the globe.

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]


MarketBeat Community Rating for Highwoods Properties (HIW)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  210 (Vote Outperform)
Underperform Votes:  218 (Vote Underperform)
Total Votes:  428
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.
This page was last updated on 6/19/2018 by MarketBeat.com Staff

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