NYSE:HIWHighwoods Properties Stock Price, Forecast & 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 $37.19 +2.81 (+8.17 %) (As of 05/26/2020 04:00 PM ET) Add Compare Share Today's Range$35.91Now: $37.19▼$37.2850-Day Range$30.96MA: $35.85▼$39.9352-Week Range$25.10Now: $37.19▼$52.76Volume82,680 shsAverage Volume1.06 million shsMarket Capitalization$3.86 billionP/E Ratio12.31Dividend Yield5.58%Beta1.02 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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 2.70, and is based on 7 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $44.75, Highwoods Properties has a potential upside of 20.2% from its current price of $37.22.Amount of Analyst CoverageHighwoods Properties has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.3 Community Rank Outperform VotesHighwoods Properties has received 346 “outperform” votes. (Add your “outperform” vote.)Underperform VotesHighwoods Properties has received 391 “underperform” votes. (Add your “underperform” vote.)Community SentimentHighwoods Properties has received 53.05% “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 5.58%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHighwoods Properties has only been increasing its dividend for 3 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 53.33 % next year. This indicates that Highwoods Properties will be able to sustain or increase its dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Highwoods Properties insiders have bought more of their company's stock than they have sold. Specifically, they have bought $35,990.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.40% of the stock of Highwoods Properties is held by insiders.Percentage Held by Institutions95.55% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Highwoods Properties are expected to grow by 0.56% in the coming year, from $3.58 to $3.60 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Highwoods Properties is 12.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.95.Price to Earnings Ratio vs. SectorThe P/E ratio of Highwoods Properties is 12.31, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 15.98.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 1.80. 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: 2.3Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.97 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 Ratio1.04 Current Ratio1.48 Quick Ratio1.48Price-To-Earnings Trailing P/E Ratio12.31 Forward P/E Ratio10.39 P/E Growth2.02 Sales & Book Value Annual Sales$735.98 million Price / Sales5.25 Cash Flow$4.08 per share Price / Cash Flow9.11 Book Value$20.67 per share Price / Book1.80Profitability EPS (Most Recent Fiscal Year)$3.33 Net Income$136.92 million Net Margins41.50% Return on Equity14.27% Return on Assets6.31%Miscellaneous Employees442 Outstanding Shares103,890,000Market Cap$3.86 billion Next Earnings Date7/28/2020 (Estimated) OptionableOptionable HIW Rates by TradingView 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 been impacted by COVID-19 (Coronavirus)? Highwoods Properties' stock was trading at $40.47 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, HIW shares have decreased by 8.0% and is now trading at $37.22. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Highwoods Properties? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Highwoods Properties in the last year. There are currently 3 hold ratings and 7 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, July 28th 2020. View our earnings forecast for Highwoods Properties. How were Highwoods Properties' earnings last quarter? Highwoods Properties Inc (NYSE:HIW) announced its earnings results on Tuesday, April, 28th. The real estate investment trust reported $1.79 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.88 by $0.91. The real estate investment trust had revenue of $192.80 million for the quarter, compared to analyst estimates of $192.55 million. Highwoods Properties had a return on equity of 14.27% and a net margin of 41.50%. The firm's revenue was up 11.8% on a year-over-year basis. During the same period last year, the company posted $0.72 EPS. 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, April 28th. Stockholders of record on Monday, May 18th will be paid a dividend of $0.48 per share on Monday, June 8th. This represents a $1.92 dividend on an annualized basis and a yield of 5.16%. The ex-dividend date is Friday, May 15th. 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, April, 28th. The company provided EPS guidance of $3.55-3.68 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.57. What price target have analysts set for HIW? 10 brokerages have issued 12-month price targets for Highwoods Properties' stock. Their forecasts range from $34.00 to $55.00. On average, they expect Highwoods Properties' stock price to reach $44.75 in the next year. This suggests a possible upside of 20.2% from the stock's current price. View analysts' price targets for Highwoods Properties. Has Highwoods Properties been receiving favorable news coverage? Media coverage about HIW stock has been trending negative this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Highwoods Properties earned a news sentiment score of -2.3 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutHighwoods Properties. Are investors shorting Highwoods Properties? Highwoods Properties saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 895,500 shares, a decline of 23.5% from the April 30th total of 1,170,000 shares. Based on an average daily trading volume, of 956,300 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.9% of the shares of the stock are short sold. View Highwoods Properties' Current Options Chain. 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), Douglas Emmett (DEI), CoreSite Realty (COR), 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), Verizon Communications (VZ), NVIDIA (NVDA), Exxon Mobil (XOM), Prologis (PLD), AT&T (T), Abbott Laboratories (ABT), American Tower (AMT), Amphenol (APH) and Bristol-Myers Squibb (BMY). 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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (11.19%), Victory Capital Management Inc. (5.93%), State Street Corp (4.88%), Cohen & Steers Inc. (2.77%), Deutsche Bank AG (2.57%) and Wellington Management Group LLP (2.47%). Company insiders that own Highwoods Properties stock include Carlos E Evans, Jeffrey Douglas Miller and Mark F Mulhern. 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 JPMorgan Chase & Co., Invesco Ltd., Weiss Multi Strategy Advisers LLC, Franklin Resources Inc., BlackRock Inc., Principal Financial Group Inc., Retirement Systems of Alabama, and WINTON GROUP Ltd. View insider buying and selling activity for Highwoods Properties. Which institutional investors are buying Highwoods Properties stock? HIW stock was purchased by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Deutsche Bank AG, Sumitomo Mitsui Trust Holdings Inc., Centersquare Investment Management LLC, Russell Investments Group Ltd., Nuveen Asset Management LLC, Balyasny Asset Management LLC, and Victory Capital Management Inc.. 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 $37.22. How big of a company is Highwoods Properties? Highwoods Properties has a market capitalization of $3.87 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 5/26/2020 by MarketBeat.com Staff
