Highwoods Properties Stock Forecast, Price & News

Highwoods Properties' stock was trading at $40.47 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, HIW stock has decreased by 25.6% and is now trading at $30.09.
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12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Highwoods Properties in the last year. There are currently 2 hold ratings and 10 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, February 2nd 2021.
View our earnings forecast for Highwoods Properties.

Highwoods Properties, Inc. (NYSE:HIW) issued its quarterly earnings results on Tuesday, October, 27th. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.88 by $0.49. Highwoods Properties had a return on equity of 13.93% and a net margin of 41.15%.
View Highwoods Properties' earnings history.

Highwoods Properties declared a quarterly dividend on Friday, October 16th. Shareholders of record on Monday, November 16th will be paid a dividend of $0.48 per share on Tuesday, December 8th. This represents a $1.92 dividend on an annualized basis and a yield of 6.38%. The ex-dividend date is Friday, November 13th.
View Highwoods Properties' dividend history.

Highwoods Properties updated its FY20 earnings guidance on Tuesday, October, 27th. The company provided earnings per share (EPS) guidance of $3.59-$3.61 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.61.

12 Wall Street analysts have issued 1-year price objectives for Highwoods Properties' stock. Their forecasts range from $34.00 to $55.00. On average, they expect Highwoods Properties' stock price to reach $43.89 in the next twelve months. This suggests a possible upside of 45.9% from the stock's current price.
View analysts' price targets for Highwoods Properties.

Highwoods Properties saw a decrease in short interest during the month of September. As of September 30th, there was short interest totaling 1,010,000 shares, a decrease of 26.8% from the September 15th total of 1,380,000 shares. Based on an average daily trading volume, of 821,900 shares, the days-to-cover ratio is currently 1.2 days. Approximately 1.0% of the company's shares are sold short.
View Highwoods Properties' Short Interest.

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), SL Green Realty (SLG), Hudson Pacific Properties (HPP), Corporate Office Properties Trust (OFC), Brandywine Realty Trust (BDN), Piedmont Office Realty Trust (PDM), Mack-Cali Realty (CLI) and Franklin Street Properties (FSP).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Highwoods Properties investors own include American Tower (AMT), Cisco Systems (CSCO), Bristol-Myers Squibb (BMY), NVIDIA (NVDA), AT&T (T), Pfizer (PFE), Prologis (PLD), Verizon Communications (VZ), Exxon Mobil (XOM) and Kraft Heinz (KHC).

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

Highwoods Properties' stock is owned by many different institutional and retail investors. Top institutional investors include Standard Life Aberdeen plc (0.53%), Garland Capital Management Inc. (0.17%), LSV Asset Management (0.15%), HGI Capital Management LLC (0.11%), Dupont Capital Management Corp (0.06%) and Clean Yield Group (0.06%). Company insiders that own Highwoods Properties stock include Carlos E Evans, Jeffrey Douglas Miller and Thomas P Anderson.
View institutional ownership trends for Highwoods Properties.

HIW stock was sold by a variety of institutional investors in the last quarter, including Standard Life Aberdeen plc, Clean Yield Group, DekaBank Deutsche Girozentrale, State of New Jersey Common Pension Fund D, Envestnet Asset Management Inc., New Mexico Educational Retirement Board, and New Mexico Educational Retirement Board.
View insider buying and selling activity for Highwoods Properties.

HIW stock was acquired by a variety of institutional investors in the last quarter, including LSV Asset Management, HGI Capital Management LLC, Garland Capital Management Inc., Dupont Capital Management Corp, Pacer Advisors Inc., Nisa Investment Advisors LLC, BTC Capital Management Inc., and Emerald Mutual Fund Advisers Trust. Company insiders that have bought Highwoods Properties stock in the last two years include Carlos E Evans, Jeffrey Douglas Miller, and Thomas P Anderson.
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 $30.09.

Highwoods Properties has a market capitalization of $3.13 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 431 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]