Highwoods Properties Stock Forecast, Price & News

Highwoods Properties' stock was trading at $40.47 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, HIW stock has decreased by 24.8% and is now trading at $30.42.
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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) released its quarterly earnings results on Tuesday, October, 27th. The real estate investment trust reported $0.39 EPS for the quarter, missing the Zacks' consensus estimate of $0.88 by $0.49. Highwoods Properties had a net margin of 41.15% and a return on equity of 13.93%.
View Highwoods Properties' earnings history.

Highwoods Properties declared a quarterly dividend on Friday, October 16th. Stockholders of record on Monday, November 16th will be given 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 6.31%. The ex-dividend date of this dividend 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 estimate of $3.61.

12 brokers have issued 12-month price objectives for Highwoods Properties' shares. Their forecasts range from $34.00 to $55.00. On average, they anticipate Highwoods Properties' stock price to reach $43.89 in the next twelve months. This suggests a possible upside of 44.3% from the stock's current price.
View analysts' price targets for Highwoods Properties.

Highwoods Properties saw a drop in short interest in September. As of September 30th, there was short interest totaling 1,010,000 shares, a drop of 26.8% from the September 15th total of 1,380,000 shares. Based on an average trading volume of 821,900 shares, the short-interest ratio is currently 1.2 days. Approximately 1.0% of the shares of the company are short sold.
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 shareholders include Standard Life Aberdeen plc (0.53%), Garland Capital Management Inc. (0.17%), LSV Asset Management (0.15%), Clean Yield Group (0.06%), Nisa Investment Advisors LLC (0.06%) and State of New Jersey Common Pension Fund D (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, State of New Jersey Common Pension Fund D, Envestnet Asset Management Inc., and New Mexico Educational Retirement Board.
View insider buying and selling activity for Highwoods Properties.

HIW stock was purchased by a variety of institutional investors in the last quarter, including LSV Asset Management, Garland Capital Management Inc., Pacer Advisors Inc., Nisa Investment Advisors LLC, BTC Capital Management Inc., Eii Capital Management Inc., State of Alaska Department of Revenue, and Redpoint Investment Management Pty Ltd. 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 $30.42.

Highwoods Properties has a market capitalization of $3.16 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]