About Highwoods Properties (NYSE:HIW)
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. For more information about Highwoods, please visit our website at www.highwoods.com.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
SymbolNYSE:HIW
CUSIP43128410
Phone919-872-4924
Debt
Debt-to-Equity Ratio0.91%
Current Ratio1.40%
Quick Ratio1.40%
Price-To-Earnings
Trailing P/E Ratio12.92
Forward P/E Ratio12.39
P/E Growth4.14
Sales & Book Value
Annual Sales$702.74 million
Price / Sales6.23
Cash Flow$4.0085 per share
Price / Cash10.57
Book Value$21.39 per share
Price / Book1.98
Profitability
EPS (Most Recent Fiscal Year)$3.28
Net Income$185.36 million
Net Margins26.20%
Return on Equity8.46%
Return on Assets4.03%
Miscellaneous
Employees441
Outstanding Shares103,280,000
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 declared a quarterly dividend on Thursday, April 19th. Stockholders 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 dividend yield of 4.37%. The ex-dividend date is Thursday, May 17th. View Highwoods Properties' Dividend History.
How were Highwoods Properties' earnings last quarter?
Highwoods Properties, Inc. (NYSE:HIW) issued its quarterly earnings results on Tuesday, February, 6th. The real estate investment trust reported $0.55 EPS for the quarter, missing the consensus estimate of $0.83 by $0.28. The real estate investment trust earned $175.86 million during the quarter, compared to the consensus estimate of $177.14 million. Highwoods Properties had a return on equity of 8.46% and a net margin of 26.20%. View Highwoods Properties' Earnings History.
When is Highwoods Properties' next earnings date?
What guidance has Highwoods Properties issued on next quarter's earnings?
Highwoods Properties issued an update on its FY18 earnings guidance on Tuesday, February, 6th. The company provided earnings per share (EPS) guidance of $3.35-3.47 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.45.
What price target have analysts set for HIW?
6 brokerages have issued 1-year price objectives for Highwoods Properties' shares. Their forecasts range from $46.00 to $58.00. On average, they expect Highwoods Properties' stock price to reach $51.00 in the next year. View Analyst Ratings for Highwoods Properties.
Who are some of Highwoods Properties' key competitors?
Some companies that are related to Highwoods Properties include SL Green Realty (SLG), Federal Realty Investment Trust (FRT), Macerich (MAC), Camden Property Trust (CPT), Equity Lifestyle Properties (ELS), Gaming and Leisure Properties (GLPI), AGNC Investment (AGNC), Sun Communities (SUI), Kilroy Realty (KRC), Vici Properties (VICI), W. P. Carey (WPC), VEREIT (VER), Apartment Inv & Mgmt (AIV), Douglas Emmett (DEI), Howard Hughes (HHC), Liberty Property Trust (LPT), National Retail Properties (NNN) and Kimco Realty (KIM).
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 stories about HIW stock have trended somewhat positive recently, according to Accern. Accern rates the sentiment of media coverage by reviewing more than twenty million blog and news 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 impact score of 0.17 on Accern's scale. They also assigned news articles about the real estate investment trust an impact score of 47.92 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.
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 $42.37.
How big of a company is Highwoods Properties?
Highwoods Properties has a market capitalization of $4.38 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)
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.
Highwoods Properties (NYSE:HIW) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
6 Wall Street analysts have issued ratings and price targets for Highwoods Properties in the last 12 months. Their average twelve-month price target is $51.00, suggesting that the stock has a possible upside of 20.37%. The high price target for HIW is $58.00 and the low price target for HIW is $46.00. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Hold | Hold | Buy |
| Consensus Rating Score: | 2.50 | 2.40 | 2.43 | 2.50 |
| Ratings Breakdown: | 0 Sell Rating(s)
3 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
3 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
4 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
3 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $51.00 | $51.6667 | $54.60 | $54.80 |
| Price Target Upside: | 20.37% upside | 16.24% upside | 13.37% upside | 6.86% upside |
Highwoods Properties (NYSE:HIW) Consensus Price Target History
Highwoods Properties (NYSE:HIW) Analyst Ratings History
Show:
(Data available from 4/23/2016 forward)
Highwoods Properties (NYSE:HIW) Dividend Information
Highwoods Properties pays an annual dividend of $1.85 per share, with a dividend yield of 4.37%. HIW's next quarterly dividend payment will be made on Tuesday, June 5. Highwoods Properties pays out 56.40% of its earnings out as a dividend.
| Next Dividend: | 6/5/2018 |
| Annual Dividend: | $1.85 |
| Dividend Yield: | 4.37% |
| Dividend Growth: | 1.20% (3 Year Average) |
| Payout Ratio: | 56.40% (Trailing 12 Months of Earnings)
54.09% (Based on This Year's Estimates)
52.11% (Based on Next Year's Estimates)
|
| Frequency: | Quarterly Dividend |
Highwoods Properties (NYSE:HIW) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 4/19/2018 | quarterly | $0.4625 | 4.36% | 5/17/2018 | 5/18/2018 | 6/5/2018 |
| 2/6/2018 | quarterly | $0.4625 | 4.22% | 2/16/2018 | 2/20/2018 | 3/6/2018 |
| 10/19/2017 | quarterly | $0.44 | 3.39% | 11/13/2017 | 11/14/2017 | 12/5/2017 |
| 8/2/2017 | quarterly | $0.44 | 3.46% | 8/10/2017 | 8/14/2017 | 9/6/2017 |
| 4/20/2017 | quarterly | $0.44 | 3.41% | 5/15/2017 | 5/17/2017 | 6/6/2017 |
| 2/7/2017 | quarterly | $0.44 | 3.54% | 2/15/2017 | 2/17/2017 | 3/7/2017 |
| 12/14/2016 | special | $0.80 | 3.46% | 12/22/2016 | 12/27/2016 | 1/10/2017 |
| 10/20/2016 | quarterly | $0.4250 | 3.4% | 11/9/2016 | 11/14/2016 | 12/6/2016 |
| 7/27/2016 | quarterly | $0.4250 | 3.09% | 8/11/2016 | 8/15/2016 | 9/7/2016 |
| 4/22/2016 | quarterly | $0.4250 | 3.64% | 5/16/2016 | 5/18/2016 | 6/7/2016 |
| 1/27/2016 | quarterly | $0.4250 | 4.13% | 2/12/2016 | 2/17/2016 | 3/8/2016 |
| 10/15/2015 | quarterly | $0.4250 | 4.07% | 11/12/2015 | 11/16/2015 | 12/8/2015 |
| 7/29/2015 | quarterly | $0.4250 | 4.05% | 8/13/2015 | 8/17/2015 | 9/9/2015 |
| 4/17/2015 | quarterly | $0.4250 | 3.8% | 5/18/2015 | 5/20/2015 | 6/9/2015 |
| 4/16/2015 | quarterly | $0.4250 | | | 5/20/2015 | 7/9/2015 |
| 1/29/2015 | quarterly | $0.4250 | 3.56% | 2/13/2015 | 2/18/2015 | 3/10/2015 |
| 10/16/2014 | quarterly | $0.4250 | 4.21% | 11/13/2014 | 11/17/2014 | 12/9/2014 |
| 7/24/2014 | quarterly | $0.4250 | 4.05% | 8/14/2014 | 8/18/2014 | 9/9/2014 |
| 4/16/2014 | quarterly | $0.4250 | 4.39% | 5/16/2014 | 5/20/2014 | 6/10/2014 |
| 2/5/2014 | quarterly | $0.4250 | 4.61% | 2/13/2014 | 2/18/2014 | 3/11/2014 |
| 10/17/2013 | quarterly | $0.4250 | 4.5% | 11/6/2013 | 11/11/2013 | 12/3/2013 |
| 7/31/2013 | quarterly | $0.4250 | 4.67% | 8/15/2013 | 8/19/2013 | 9/10/2013 |
| 4/18/2013 | quarterly | $0.4250 | 4.21% | 5/20/2013 | 5/22/2013 | 6/11/2013 |
| 1/30/2013 | quarterly | $0.4250 | 4.72% | 2/13/2013 | 2/18/2013 | 3/12/2013 |
(Data available from 1/1/2013 forward)
Highwoods Properties (NYSE HIW) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 2.00%
Institutional Ownership Percentage: 96.54%
Highwoods Properties (NYSE HIW) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 12/11/2017 | Sherry A Kellett | Director | Sell | 1,000 | $51.70 | $51,700.00 | 11,744 |  |
| 12/6/2017 | Sherry A Kellett | Director | Sell | 2,000 | $50.64 | $101,280.00 | 13,744 | |
| 6/15/2017 | Theodore J Klinck | COO | Sell | 10,000 | $52.51 | $525,100.00 | 63,194 | |
| 3/2/2017 | Jeffrey Douglas Miller | EVP | Sell | 18,409 | $52.26 | $962,054.34 | 74,266 | |
| 3/2/2017 | Theodore J Klinck | COO | Sell | 1,800 | $52.28 | $94,104.00 | 64,586 | |
| 9/26/2016 | Jeffrey Douglas Miller | SVP | Sell | 4,214 | $52.52 | $221,319.28 | 70,329 | |
| 7/1/2016 | Edward J Fritsch | CEO | Sell | 85,822 | $52.27 | $4,485,915.94 | 471,533 | |
| 6/29/2016 | Jeffrey Douglas Miller | SVP | Sell | 12,000 | $51.46 | $617,520.00 | 68,115 | |
| 6/16/2016 | Edward J Fritsch | CEO | Sell | 24,656 | $49.36 | $1,217,020.16 | 436,261 | |
| 5/26/2016 | Sherry A Kellett | Director | Sell | 7,600 | $47.32 | $359,632.00 | 13,384 | |
| 5/9/2016 | Mark F Mulhern | CFO | Sell | 12,124 | $48.75 | $591,045.00 | 60,081 | |
| 5/9/2016 | Theodore J Klinck | COO | Sell | 12,397 | $48.86 | $605,717.42 | 53,189 | |
| 3/18/2016 | Edward J Fritsch | CEO | Sell | 29,323 | $47.10 | $1,381,113.30 | 452,667 | |
| 3/7/2016 | Jeffrey Douglas Miller | SVP | Sell | 11,744 | $46.27 | $543,394.88 | 82,492 | |
| 6/5/2015 | Carlos E Evans | Director | Buy | 5,000 | $41.33 | $206,650.00 | | |
| 3/2/2015 | Jeffrey Douglas Miller | SVP | Sell | 19,036 | $46.13 | $878,130.68 | | |
| 12/2/2014 | Edward J Fritsch | CEO | Sell | 63,302 | $43.48 | $2,752,370.96 | | |
| 12/1/2014 | Edward J Fritsch | CEO | Sell | 36,280 | $43.46 | $1,576,728.80 | | |
| 8/19/2014 | Terry L Stevens | CFO | Sell | 11,215 | $42.39 | $475,403.85 | | |
| 8/1/2014 | Jeffrey Douglas Miller | VP | Sell | 4,000 | $42.25 | $169,000.00 | | |
| 5/15/2014 | David John Hartzell | Director | Sell | 10,000 | $40.24 | $402,400.00 | 12,645 | |
| 5/14/2014 | Sherry Kellett | Director | Sell | 10,000 | $41.19 | $411,900.00 | 17,833 | |
| 5/5/2014 | Edward Fritsch | CEO | Sell | 106,897 | $40.34 | $4,312,224.98 | 387,408 | |
| 6/17/2013 | Gene H Anderson | Director | Sell | 63,390 | $35.91 | $2,276,334.90 | | |
| 5/7/2013 | Michael E Harris | COO | Sell | 50,000 | $41.06 | $2,053,000.00 | | |
(Data available from 1/1/2013 forward)
Highwoods Properties (NYSE HIW) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | What Raleigh-based Highwoods execs made last year
finance.yahoo.com - April 20 at 5:02 PM |
 | Highwoods Properties (HIW) Coverage Initiated by Analysts at Wells Fargo
www.americanbankingnews.com - April 20 at 9:50 AM |
 | Highwoods Properties declares $0.4625 dividend
seekingalpha.com - April 19 at 6:48 PM |
| Highwoods Properties, Inc. (HIW) Plans $0.46 Quarterly Dividend
www.americanbankingnews.com - April 19 at 6:40 PM |
| Highwoods Properties, Inc. (HIW) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - April 19 at 1:52 PM |
| Highwoods Properties (HIW) Downgraded by BidaskClub to Sell
www.americanbankingnews.com - April 19 at 9:04 AM |
| Highwoods Properties (HIW) Upgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - April 18 at 12:50 PM |
| Highwoods Properties (HIW) Set to Announce Earnings on Tuesday
www.americanbankingnews.com - April 17 at 2:15 AM |
| Q1 2018 EPS Estimates for Highwoods Properties, Inc. Decreased by Analyst (HIW)
www.americanbankingnews.com - April 13 at 8:47 AM |
| Comparing Equity Residential (EQR) & Highwoods Properties (HIW)
www.americanbankingnews.com - April 13 at 3:15 AM |
| Zacks: Brokerages Expect Highwoods Properties, Inc. (HIW) Will Announce Quarterly Sales of $177.38 Million
www.americanbankingnews.com - April 12 at 4:37 AM |
| BidaskClub Downgrades Highwoods Properties (HIW) to Sell
www.americanbankingnews.com - April 11 at 9:30 PM |
| Highwoods Properties (HIW) Downgraded to "Sell" at Zacks Investment Research
www.americanbankingnews.com - April 11 at 10:25 AM |
| Zacks: Analysts Expect Highwoods Properties, Inc. (HIW) to Post $0.83 Earnings Per Share
www.americanbankingnews.com - April 10 at 5:26 AM |
| Highwoods Properties (HIW) PT Raised to $58.00 at Bank of America
www.americanbankingnews.com - April 8 at 10:51 AM |
| Highwoods to Release 2018 First Quarter Results Tuesday, April 24th
finance.yahoo.com - March 29 at 5:06 PM |
| Highwoods Properties (HIW) Given a $51.00 Price Target at SunTrust Banks
www.americanbankingnews.com - March 26 at 8:46 PM |
| Analysts Expect Highwoods Properties Inc (HIW) Will Announce Quarterly Sales of $177.38 Million
www.americanbankingnews.com - March 26 at 7:02 AM |
| Highwoods Properties (HIW) Lowered to Hold at ValuEngine
www.americanbankingnews.com - March 25 at 5:23 PM |
| Highwoods Properties Inc (HIW) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - March 25 at 1:34 PM |
| $0.83 Earnings Per Share Expected for Highwoods Properties Inc (HIW) This Quarter
www.americanbankingnews.com - March 24 at 5:27 AM |
| Highwoods Properties (HIW) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - March 20 at 3:30 PM |
| Highwoods Properties (HIW) Rating Reiterated by Stifel Nicolaus
www.americanbankingnews.com - March 18 at 11:32 AM |
| Highwoods Properties Inc Forecasted to Post Q1 2019 Earnings of $0.84 Per Share (HIW)
www.americanbankingnews.com - March 12 at 7:04 AM |
| Highwoods Properties (HIW) Upgraded to "Buy" by SunTrust Banks
www.americanbankingnews.com - March 10 at 5:10 PM |
| Highwoods Properties Inc (HIW) Expected to Post Quarterly Sales of $177.15 Million
www.americanbankingnews.com - March 8 at 2:00 AM |
| $0.83 EPS Expected for Highwoods Properties Inc (HIW) This Quarter
www.americanbankingnews.com - March 6 at 11:10 PM |
| UBS Asset Management Americas Inc. Purchases 33,603 Shares of Highwoods Properties Inc (HIW)
www.americanbankingnews.com - March 6 at 3:30 PM |
| Highwoods Properties Inc (HIW) Shares Bought by The Manufacturers Life Insurance Company
www.americanbankingnews.com - March 5 at 3:26 PM |
| Commerce Bank Boosts Holdings in Highwoods Properties Inc (HIW)
www.americanbankingnews.com - March 3 at 5:22 AM |
| Free Post Earnings Research Report: Highwoods Properties’ Q4 Bottom-line Beat Forecasts
finance.yahoo.com - March 2 at 8:42 AM |
| California Public Employees Retirement System Purchases 14,237 Shares of Highwoods Properties Inc (HIW)
www.americanbankingnews.com - March 2 at 5:21 AM |
| Highwoods Properties Inc (HIW) Shares Bought by State of Tennessee Treasury Department
www.americanbankingnews.com - March 1 at 6:14 PM |
| Sei Investments Co. Raises Position in Highwoods Properties Inc (HIW)
www.americanbankingnews.com - March 1 at 5:46 PM |
| Highwoods to Present at CITI 2018 Global Property CEO Conference
finance.yahoo.com - March 1 at 5:29 PM |
| Highwoods Properties Inc (HIW) Holdings Reduced by Rhumbline Advisers
www.americanbankingnews.com - March 1 at 7:46 AM |
| Highwoods Properties Inc (HIW) Position Boosted by Arizona State Retirement System
www.americanbankingnews.com - March 1 at 4:34 AM |
| Highwoods Properties Inc (HIW) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - February 28 at 1:31 PM |
| BlackRock Inc. Boosts Position in Highwoods Properties Inc (HIW)
www.americanbankingnews.com - February 27 at 4:54 AM |
| Highwoods Properties Inc (HIW) Shares Bought by American International Group Inc.
www.americanbankingnews.com - February 26 at 4:46 AM |
| Standard Life Aberdeen plc Purchases 85,102 Shares of Highwoods Properties Inc (HIW)
www.americanbankingnews.com - February 25 at 1:32 PM |
| Teacher Retirement System of Texas Sells 69,554 Shares of Highwoods Properties Inc (HIW)
www.americanbankingnews.com - February 25 at 6:32 AM |
| Aperio Group LLC Reduces Holdings in Highwoods Properties Inc (HIW)
www.americanbankingnews.com - February 25 at 4:14 AM |
| Citadel Advisors LLC Has $3.64 Million Stake in Highwoods Properties Inc (HIW)
www.americanbankingnews.com - February 24 at 2:21 PM |
| Arrowstreet Capital Limited Partnership Boosts Position in Highwoods Properties Inc (HIW)
www.americanbankingnews.com - February 24 at 12:56 PM |
| Highwoods Prices $350 Million of 4.125% Notes Due 2028
finance.yahoo.com - February 22 at 5:19 PM |
| Highwoods Properties Inc (HIW) Expected to Post Quarterly Sales of $177.54 Million
www.americanbankingnews.com - February 20 at 6:26 AM |
| Highwoods Properties Inc (HIW) Expected to Post Earnings of $0.82 Per Share
www.americanbankingnews.com - February 18 at 7:16 AM |
| Wired News – Arcturus Therapeutics Appoints Dr. Christine Esau as Vice President of R&D
finance.yahoo.com - February 15 at 8:11 AM |
| Zacks Investment Research Lowers Highwoods Properties (HIW) to Sell
www.americanbankingnews.com - February 13 at 5:24 PM |
Highwoods Properties (NYSE:HIW) SEC Filings
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Highwoods Properties (NYSE:HIW) Income Statement, Balance Sheet and Cash Flow Statement
Highwoods Properties (NYSE HIW) Stock Chart for Monday, April, 23, 2018
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