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

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$45.22 -0.84 (-1.82 %)
(As of 03/25/2019 04:00 PM ET)
Previous Close$46.06
Today's Range$45.0950 - $46.19
52-Week Range$37.09 - $52.00
Volume814,872 shs
Average Volume754,361 shs
Market Capitalization$4.68 billion
P/E Ratio13.11
Dividend Yield4.13%
Beta1.01
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.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryOffice REITs
SectorFinance
CUSIP43128410
Phone919-872-4924

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$720.03 million
Cash Flow$3.7873 per share
Book Value$21.59 per share

Profitability

Net Income$171.83 million

Miscellaneous

Employees442
Market Cap$4.68 billion
Next Earnings Date4/23/2019 (Estimated)
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 announced a quarterly dividend on Tuesday, February 5th. Stockholders of record on Tuesday, February 19th will be given a dividend of $0.475 per share on Tuesday, March 5th. This represents a $1.90 annualized dividend and a dividend yield of 4.20%. The ex-dividend date of this dividend is Friday, February 15th. This is a positive change from Highwoods Properties's previous quarterly dividend of $0.46. View Highwoods Properties' Dividend History.

How were Highwoods Properties' earnings last quarter?

Highwoods Properties Inc (NYSE:HIW) released its quarterly earnings data on Tuesday, February, 5th. The real estate investment trust reported $0.86 EPS for the quarter, hitting the Zacks' consensus estimate of $0.86. The real estate investment trust had revenue of $1.85 billion for the quarter, compared to analysts' expectations of $176.79 million. Highwoods Properties had a net margin of 23.69% and a return on equity of 7.68%. The business's quarterly revenue was up 952.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.84 earnings per share. View Highwoods Properties' Earnings History.

When is Highwoods Properties' next earnings date?

Highwoods Properties is scheduled to release their next quarterly earnings announcement on Tuesday, April 23rd 2019. View Earnings Estimates for Highwoods Properties.

How can I listen to Highwoods Properties' earnings call?

Highwoods Properties will be holding an earnings conference call on Wednesday, April 24th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What guidance has Highwoods Properties issued on next quarter's earnings?

Highwoods Properties updated its FY19 earnings guidance on Tuesday, February, 5th. The company provided EPS guidance of $3.44-3.56 for the period, compared to the Thomson Reuters consensus estimate of $3.50.

What price target have analysts set for HIW?

8 equities research analysts have issued 12-month price objectives for Highwoods Properties' stock. 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 16.8% from the stock's current price. View Analyst Price Targets for Highwoods Properties.

What is the consensus analysts' recommendation for Highwoods Properties?

8 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 6 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?

Press coverage about HIW stock has trended somewhat negative on Monday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Highwoods Properties earned a coverage optimism score of -1.1 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the near term.

Who are some of Highwoods Properties' key 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), NVIDIA (NVDA), Kraft Heinz (KHC), Verizon Communications (VZ), Pfizer (PFE), Energy Transfer LP Unit (ET), Alibaba Group (BABA), Brandywine Realty Trust (BDN), Micron Technology (MU) and Kinder Morgan (KMI).

Who are Highwoods Properties' key executives?

Highwoods Properties' management team includes the folowing 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

Who are Highwoods Properties' major shareholders?

Highwoods Properties' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.64%), FMR LLC (4.26%), Bank of New York Mellon Corp (1.77%), Macquarie Group Ltd. (1.67%), Dimensional Fund Advisors LP (1.55%) and Oregon Public Employees Retirement Fund (1.52%). Company insiders that own Highwoods Properties stock include Carlos E Evans, Jeffrey Douglas Miller, Mark F Mulhern, Sherry A Kellett and Theodore J Klinck. 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 Standard Life Aberdeen plc, Nuveen Asset Management LLC, BlackRock Inc., American Century Companies Inc., Northern Trust Corp, Bank of America Corp DE, Duff & Phelps Investment Management Co. and Principal Financial Group Inc.. Company insiders that have sold Highwoods Properties company stock in the last year include Jeffrey Douglas Miller and Mark F Mulhern. View Insider Buying and Selling for Highwoods Properties.

Which institutional investors are buying Highwoods Properties stock?

HIW stock was acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Norges Bank, FMR LLC, Millennium Management LLC, Thrivent Financial for Lutherans, D. E. Shaw & Co. Inc., Sumitomo Mitsui Asset Management Company LTD and BTIM Corp.. 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 $45.22.

How big of a company is Highwoods Properties?

Highwoods Properties has a market capitalization of $4.68 billion and generates $720.03 million in revenue each year. The real estate investment trust earns $171.83 million in net income (profit) each year or $3.45 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 http://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]


MarketBeat Community Rating for Highwoods Properties (NYSE HIW)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  299 (Vote Outperform)
Underperform Votes:  322 (Vote Underperform)
Total Votes:  621
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.
This page was last updated on 3/25/2019 by MarketBeat.com Staff

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