Highwoods Properties, Inc. (HIW)
Market Cap | 3.25B |
Revenue (ttm) | 829.29M |
Net Income (ttm) | 141.49M |
Shares Out | 108.17M |
EPS (ttm) | 1.34 |
PE Ratio | 22.51 |
Forward PE | 48.26 |
Dividend | $2.00 (6.65%) |
Ex-Dividend Date | Nov 18, 2024 |
Volume | 1,436,913 |
Open | 29.41 |
Previous Close | 29.37 |
Day's Range | 29.32 - 30.34 |
52-Week Range | 21.37 - 36.78 |
Beta | 1.25 |
Analysts | Hold |
Price Target | 31.20 (+3.72%) |
Earnings Date | Feb 4, 2025 |
About HIW
Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-integrated office real estate investment trust (“REIT”) that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa. Highwoods is in the work-placemaking business. We believe that by creating environments and experiences where the best and brightest can achieve together what they cannot apart, we can deliver greater value to ou... [Read more]
Financial Performance
In 2023, Highwoods Properties's revenue was $835.10 million, an increase of 0.56% compared to the previous year's $830.46 million. Earnings were $146.23 million, a decrease of -6.61%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for HIW stock is "Hold." The 12-month stock price forecast is $31.2, which is an increase of 3.72% from the latest price.
News
Highwoods Properties: The Pullback Makes It An Attractive Income Play With Upside Potential
Highwoods Properties offers reliable dividends and is attractive for long-term investors due to its low P/FFO multiple and recent share price pullback. Despite a modest Q3 revenue miss, raised FFO gui...
Property Type Round-Up From REITworld 2024
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NHI Announces Appointment of Candice Todd to the Board of Directors
National Health Investors, Inc. (NYSE:NHI) announced today that Candice Todd will join the NHI Board of Directors effective January 1, 2025. Ms. Todd served as Managing Director/Global Chief Financial...
Highwoods Properties, Inc. (HIW) Q3 2024 Earnings Call Transcript
Highwoods Properties, Inc. (NYSE:HIW) Q3 2024 Earnings Conference Call October 23, 2024 11:00 AM ET Company Participants Hannah True - Manager, Finance and Corporate Strategy Ted Klinck - President &...
Highwoods Announces Availability of Third Quarter 2024 Results
RALEIGH, N.C., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its third quarter 2024 results. To view the release, please visit the investors section of our websi...
Highwoods Properties: Resilient REIT That Offers Long-Term Upside As Leasing Activity Ramps Up
Highwoods Properties offers solid upside potential due to strong leasing activity, a healthy balance sheet, and attractive Sun Belt market exposure. Despite recent price appreciation, HIW's valuation ...
Highwoods Declares Quarterly Dividends
RALEIGH, N.C., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces its Board of Directors has declared a cash dividend of $0.50 per share of common stock for the quarter ...
Highwoods Reports No Notable Damage from Hurricane Milton
RALEIGH, N.C., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) reports after having conducted a thorough assessment of its Florida properties that its buildings have not sustai...
Highwoods to Release Third Quarter 2024 Results Tuesday, October 22nd
Conference Call Wednesday, October 23 rd , at 11:00 A.M.
Highwoods Reports No Notable Damage from Hurricane Helene
RALEIGH, N.C., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) reports after having conducted a thorough assessment of its Florida, Georgia, North Carolina and Tennessee prope...
Two Dividend-Yielding REITs With Solid Upside Potential
REITs are attractive for income investors due to their high dividend payouts, and office REITs, in particular, offer solid long-term upside as office activity could see an increase in 2025/2026. Kilro...
Highwoods Provides Leasing Update
2 nd Gen Leasing Activity Continues to be Strong 738,000 SF of Leases Signed to Date in Third Quarter Includes over 400,000 SF of New Leases
Highwoods Properties: Once A Strong Buy, Now A Hold
Highwoods Properties has delivered a strong return of 34% since our Strong Buy recommendation, but we are now downgrading it to a "Hold". The company's fundamentals remain solid with high occupancy an...
REIT Fantasy Football: 11 Companies To Start Your Team
Like football, REIT investing is about gaining control of real estate. REITs are becoming more attractive to income investors as inflation remains below average REIT yield and interest rates fall. Wit...
Cash Cows: 9 High-Yield REITs With Safe Dividends
High-quality REITs with higher yields than usual may be a good investment opportunity. Income investors may find U.S. treasuries more appealing due to lower risk and higher yields compared to most REI...
Highwoods Properties: A 6.5% Yield Isn't Enticing Enough Even After A Good Q2
Highwoods Properties Inc focuses on suburban sunbelt properties, experiencing faster NOI growth. Q2'24 results showed good leasing progress, with increased SPNOI growth and raised FFO outlook. Despite...
Highwoods Properties, Inc. (HIW) Q2 2024 Earnings Call Transcript
Highwoods Properties, Inc. (NYSE:HIW) Q2 2024 Earnings Conference Call July 24, 2024 11:00 AM ET Company Participants Hannah True - Manager, Finance and Corporate Strategy Ted Klinck - President and ...
Highwoods Announces Availability of Second Quarter 2024 Results
RALEIGH, N.C., July 23, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its second quarter 2024 results. To view the release, please visit the investors section of our web...
Looking For Income Now? Consider These 2 Sun Belt REITs
Age is a key factor when choosing between income now vs later. In my opinion older investors should focus on immediate income. Highwoods Properties offers a 7.2% yield with potential for capital appre...
Picking A Winner In High-Yield REITs
REIT yields are high due to sell-off in 2022 and 2023, but REIT prices may rise if the Fed cuts rates in September as expected. Dividend safety is crucial when investing in high-yielding REITs, to avo...
Highwoods Properties Offers A Nice Yield At A Reasonable Price
Highwoods Properties is an office REIT operating in the southern US, focusing on high-quality workplaces in valuable business districts. The company has a simple balance sheet with assets mainly from ...
Highwoods to Release Second Quarter 2024 Results Tuesday, July 23rd
RALEIGH, N.C., July 02, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) will release its second quarter 2024 results on Tuesday, July 23rd, after the market closes.
Equity REITs: Takeaways From REITWeek 2024
Overall positive outlook for REIT industry with decline in development activity, potential for increased transaction market activity, and well-capitalized REITs poised for growth. Key themes from REIT...
5 Roughed-Up REITs With 11%+ Average Yields
I love the economics of real estate. But a landlord I'm not.