NYSE:HIW - Highwoods Properties Stock Price, Forecast & News

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

Highwoods Properties announced a quarterly dividend on Wednesday, February 5th. Shareholders of record on Tuesday, February 18th will be paid a dividend of $0.48 per share on Tuesday, March 10th. This represents a $1.92 annualized dividend and a yield of 3.73%. The ex-dividend date is Friday, February 14th. This is a positive change from Highwoods Properties's previous quarterly dividend of $0.48. View Highwoods Properties' Dividend History.

Highwoods Properties Inc (NYSE:HIW) announced its quarterly earnings results on Tuesday, February, 4th. The real estate investment trust reported $0.58 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.90 by $0.32. The real estate investment trust earned $192.07 million during the quarter, compared to analyst estimates of $192.66 million. Highwoods Properties had a net margin of 18.52% and a return on equity of 6.31%. The company's revenue for the quarter was up 5.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.86 earnings per share. View Highwoods Properties' Earnings History.

Highwoods Properties is scheduled to release their next quarterly earnings announcement on Tuesday, April 28th 2020. View Earnings Estimates for Highwoods Properties.

Highwoods Properties issued an update on its FY20 earnings guidance on Tuesday, February, 4th. The company provided earnings per share guidance of $3.60-3.72 for the period, compared to the Thomson Reuters consensus estimate of $3.60.

6 analysts have issued twelve-month price objectives for Highwoods Properties' stock. Their forecasts range from $47.00 to $51.00. On average, they anticipate Highwoods Properties' stock price to reach $49.40 in the next twelve months. This suggests that the stock has a possible downside of 4.0%. View Analyst Price Targets for Highwoods Properties.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Highwoods Properties in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Highwoods Properties.

News articles about HIW stock have been trending very negative this week, according to InfoTrie. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Highwoods Properties earned a news impact score of -3.4 on InfoTrie's scale. They also gave news coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Highwoods Properties.

Highwoods Properties saw a increase in short interest in January. As of January 31st, there was short interest totalling 2,640,000 shares, an increase of 23.4% from the January 15th total of 2,140,000 shares. Based on an average daily trading volume, of 696,800 shares, the days-to-cover ratio is currently 3.8 days. Approximately 2.6% of the company's stock are sold short. View Highwoods Properties' Current Options Chain.

Some companies that are related to Highwoods Properties include DIGITAL RLTY TR/SH (DLR), Boston Properties (BXP), Alexandria Real Estate Equities (ARE), Kilroy Realty (KRC), Douglas Emmett (DEI), SL Green Realty (SLG), CyrusOne (CONE), Hudson Pacific Properties (HPP), CoreSite Realty (COR), Equity Commonwealth (EQC), Corporate Office Properties Trust (OFC), Piedmont Office Realty Trust (PDM), Brandywine Realty Trust (BDN), Mack Cali Realty (CLI) and Franklin Street Properties (FSP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Highwoods Properties investors own include Cisco Systems (CSCO), NVIDIA (NVDA), Verizon Communications (VZ), Abbott Laboratories (ABT), Amphenol (APH), CVS Health (CVS), Pfizer (PFE), Gilead Sciences (GILD), Kraft Heinz (KHC) and Seagate Technology (STX).

Highwoods Properties' stock is owned by a number of of retail and institutional investors. Top institutional investors include FMR LLC (7.09%), Victory Capital Management Inc. (5.60%), Victory Capital Management Inc. (5.56%), State Street Corp (4.83%), Brookfield Public Securities Group LLC (2.94%) and Renaissance Technologies LLC (1.96%). 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.

HIW stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., State Street Corp, Renaissance Technologies LLC, Securian Asset Management Inc, Eagle Asset Management Inc., William Blair Investment Management LLC, Brookfield Public Securities Group LLC and Bank of New York Mellon Corp. View Insider Buying and Selling for Highwoods Properties.

HIW stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Victory Capital Management Inc., Victory Capital Management Inc., Heitman Real Estate Securities LLC, Prudential Financial Inc., Rothschild & Co. Asset Management US Inc., Martingale Asset Management L P and UBS Group AG. View Insider Buying and Selling 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 $51.46.

Highwoods Properties has a market capitalization of $5.34 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.View Additional Information About Highwoods Properties.

The official website for Highwoods Properties is http://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]