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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
Current SymbolNYSE:HIW
Previous Symbol
CUSIP43128410
Phone919-872-4924
Debt
Debt-to-Equity Ratio0.94
Current Ratio1.13
Quick Ratio1.13
Price-To-Earnings
Trailing P/E Ratio13.32
Forward P/E Ratio12.70
P/E Growth3.07
Sales & Book Value
Annual Sales$702.74 million
Price / Sales6.43
Cash Flow$4.0110 per share
Price / Cash10.89
Book Value$21.35 per share
Price / Book2.05
Profitability
EPS (Most Recent Fiscal Year)$3.28
Net Income$185.36 million
Net Margins24.37%
Return on Equity7.87%
Return on Assets3.73%
Miscellaneous
Employees441
Outstanding Shares103,490,000
Market Cap$4.52 billion
OptionableOptionable
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, October 18th. Shareholders of record on Monday, November 12th will be paid a dividend of $0.4625 per share on Tuesday, December 4th. This represents a $1.85 annualized dividend and a yield of 4.31%. The ex-dividend date of this dividend is Thursday, November 8th. View Highwoods Properties' Dividend History.
How were Highwoods Properties' earnings last quarter?
Highwoods Properties Inc (NYSE:HIW) posted its quarterly earnings results on Tuesday, October, 23rd. The real estate investment trust reported $0.32 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.32. The real estate investment trust had revenue of $179.42 million for the quarter, compared to analyst estimates of $173.78 million. Highwoods Properties had a net margin of 24.37% and a return on equity of 7.87%. The business's revenue for the quarter was down .4% on a year-over-year basis. During the same period in the previous year, the company earned $0.86 earnings per share. 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 updated its FY18 earnings guidance on Tuesday, October, 23rd. The company provided earnings per share guidance of $3.42-3.45 for the period, compared to the Thomson Reuters consensus estimate of $3.43.
What price target have analysts set for HIW?
6 Wall Street analysts have issued 1 year target prices for Highwoods Properties' shares. Their forecasts range from $46.00 to $60.00. On average, they anticipate Highwoods Properties' stock price to reach $52.80 in the next year. This suggests a possible upside of 23.0% from the stock's current price. View Analyst Price Targets for Highwoods Properties.
What is the consensus analysts' recommendation for Highwoods Properties?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Highwoods Properties in the last year. There are currently 1 sell rating, 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Highwoods Properties.
Has Highwoods Properties been receiving favorable news coverage?
News headlines about HIW stock have been trending positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Highwoods Properties earned a coverage optimism score of 2.1 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an effect on the stock's share price in the next few days.
Who are some of Highwoods Properties' key competitors?
Some companies that are related to Highwoods Properties include Essex Property Trust (ESS), Host Hotels and Resorts (HST), Vornado Realty Trust (VNO), HCP (HCP), Alexandria Real Estate Equities (ARE), ANNALY CAP MGMT/SH (NLY), Extra Space Storage (EXR), Mid-America Apartment Communities (MAA), UDR (UDR), Gecina (GECFF), WP Carey (WPC), Regency Centers (REG), Duke Realty (DRE), Iron Mountain (IRM) and Federal Realty Investment Trust (FRT).
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
Who are Highwoods Properties' major shareholders?
Highwoods Properties' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.90%), JPMorgan Chase & Co. (4.05%), FMR LLC (3.34%), Brookfield Asset Management Inc. (2.50%), Bank of New York Mellon Corp (1.81%) and Renaissance Technologies LLC (1.79%). Company insiders that own Highwoods Properties stock include Jeffrey Douglas Miller, Mark F Mulhern, Sherry A Kellett and Theodore J Klinck. 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 Prudential Financial Inc., Bank of Montreal Can, FMR LLC, Duff & Phelps Investment Management Co., Brookfield Asset Management Inc., TIAA CREF Investment Management LLC, Securian Asset Management Inc and Morgan Stanley. Company insiders that have sold Highwoods Properties company stock in the last year include Jeffrey Douglas Miller, Mark F Mulhern and Sherry A Kellett. View Insider Buying and Selling 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 JPMorgan Chase & Co., Renaissance Technologies LLC, NN Investment Partners Holdings N.V., Standard Life Aberdeen plc, Standard Life Aberdeen plc, Deutsche Bank AG, BlackRock Inc. and Retirement Systems of Alabama. 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 $42.92.
How big of a company is Highwoods Properties?
Highwoods Properties has a market capitalization of $4.52 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.
What is Highwoods Properties' official website?
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 (NYSE 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.
