Highwoods Properties, Inc. (HIW)

NYSE: HIW · IEX Real-Time Price · USD
27.75
-0.30 (-1.07%)
At close: Jul 19, 2024, 4:00 PM
10.74
-17.01 (-61.30%)
After-hours: Jul 20, 2024, 1:23 PM EDT
-1.07%
Market Cap 2.94B
Revenue (ttm) 832.52M
Net Income (ttm) 128.46M
Shares Out 106.00M
EPS (ttm) 1.22
PE Ratio 22.75
Forward PE 28.85
Dividend $2.00 (7.21%)
Ex-Dividend Date Aug 19, 2024
Volume 608,401
Open 27.97
Previous Close 28.05
Day's Range 27.55 - 50.00
52-Week Range 17.06 - 29.58
Beta 1.28
Analysts Hold
Price Target 24.50 (-11.71%)
Earnings Date Jul 23, 2024

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]

Industry REIT - Office
Sector Real Estate
IPO Date Jun 7, 1994
Employees 349
Stock Exchange NYSE
Ticker Symbol HIW
Full Company Profile

Financial Performance

In 2023, HIW's revenue was $834.00 million, an increase of 0.61% compared to the previous year's $828.93 million. Earnings were $146.23 million, a decrease of -6.61%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for HIW stock is "Hold." The 12-month stock price forecast is $24.5, which is a decrease of -11.71% from the latest price.

Price Target
$24.5
(-11.71% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Highwoods Declares Quarterly Dividends

RALEIGH, N.C., July 17, 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 ...

4 days ago - GlobeNewsWire

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.

19 days ago - GlobeNewsWire

5 Roughed-Up REITs With 11%+ Average Yields

I love the economics of real estate. But a landlord I'm not.

Other symbols: GMREGOODOUTUNIT
21 days ago - Forbes

Highwoods to Present at Nareit's REITweek: 2024 Investor Conference

RALEIGH, N.C., May 30, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces Ted Klinck, President and Chief Executive Officer, will participate in a Company roundtable presentation...

7 weeks ago - GlobeNewsWire

Highwoods Publishes 2023 Corporate Resiliency Report

RALEIGH, N.C., May 13, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE: HIW) has published its 2023 Corporate Resiliency Report, which highlights the Company's Environmental, Social and Gove...

2 months ago - GlobeNewsWire

Highwoods Announces Availability of First Quarter 2024 Results

RALEIGH, N.C., April 23, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its first quarter 2024 results. To view the release, please visit the investors section of our webs...

3 months ago - GlobeNewsWire

Highwoods Announces Recent Disposition Activity

RALEIGH, N.C., April 04, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has sold in a series of transactions non-core properties in Raleigh for combined gross proceeds of $79.4 million...

3 months ago - GlobeNewsWire

Highwoods to Release First Quarter 2024 Results Tuesday, April 23rd

RALEIGH, N.C., April 02, 2024 (GLOBE NEWSWIRE) --  Highwoods Properties, Inc. (NYSE:HIW) will release its first quarter 2024 results on Tuesday, April 23rd, after the market closes.

3 months ago - GlobeNewsWire

Highwoods Provides Leasing Update

129,000 SF of Additional Leases Signed at 23Springs Development in Uptown Dallas 23Springs Now 53% Pre-Leased

5 months ago - GlobeNewsWire

Highwoods Announces Availability of Fourth Quarter and Full Year 2023 Results

RALEIGH, N.C., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its fourth quarter and full year 2023 results. To view the release, please visit the investors secti...

5 months ago - GlobeNewsWire

Highwoods Recasts Credit Facility

Maintains Borrowing Capacity Extends Maturity Date RALEIGH, N.C., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has executed a recast of its unsecured revolving credit facili...

6 months ago - GlobeNewsWire

Highwoods to Release Fourth Quarter and Full Year 2023 Results Tuesday, February 6th

RALEIGH, N.C., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) will release its fourth quarter and full year 2023 results on Tuesday, February 6th, after the market closes.

6 months ago - GlobeNewsWire

This Real Estate Portfolio Yields More Than 12%

Select real estate may be the income investing play for 2024. As I write, seven real estate investment trusts (REITs) are dishing dividends from 8.7% all the way up to 15.4%.

Other symbols: ARRBDNGNLRCSVCUNIT
7 months ago - Forbes

KBW Announces Index Rebalancing for Fourth-Quarter 2023

NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...

8 months ago - GlobeNewsWire

Highwoods Elects Candice Todd to Board of Directors

RALEIGH, N.C., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) today announced that Candice W. Todd, 58, has been elected to join the Company's Board of Directors effective Jan...

8 months ago - GlobeNewsWire

Highwoods Prices $350 Million of 7.65% Notes Due 2034

RALEIGH, N.C., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE: HIW) (the “Company”) announced today that Highwoods Realty Limited Partnership, the operating partnership through whi...

8 months ago - GlobeNewsWire

This Stock Has A 11.32% Yield And Sells For Less Than Book

the recent HIW share price of $17.66 represents a price-to-book ratio of 0.8 and an annual dividend yield of 11.32%

8 months ago - Forbes

Highwoods Announces Availability of Third Quarter 2023 Results

RALEIGH, N.C., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its third quarter 2023 results. To view the release, please visit the investors section of our websi...

9 months ago - GlobeNewsWire

Highwoods to Release Third Quarter 2023 Results Tuesday, October 24th

RALEIGH, N.C., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) will release its third quarter 2023 results on Tuesday, October 24th, after the market closes.

10 months ago - GlobeNewsWire

Blackstone and Airbnb Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400 and S&P SmallCap 600

NEW YORK , Sept. 1, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P 100, S&P MidCap 400 and S&P SmallCap 600 indices effective prior to the o...

Other symbols: AANALLYAPLEBXBXMTDEENR
11 months ago - PRNewsWire

Highwoods Announces Availability of Second Quarter 2023 Results

RALEIGH, N.C., July 25, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its second quarter 2023 results. To view the release, please visit the investors section of our webs...

1 year ago - GlobeNewsWire

Highwoods to Release Second Quarter 2023 Results Tuesday, July 25th

RALEIGH, N.C., July 05, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) will release its second quarter 2023 results on Tuesday, July 25th, after the market closes.

1 year ago - GlobeNewsWire

Invisible Urban Charging, Highwoods Properties to Deploy EV Chargers at Upscale Atlanta Property

NEW YORK--(BUSINESS WIRE)--IUC has replaced existing on-site chargers with 10 state-of-the-art units at Highwoods Properties' recently renovated 200 Riverwood.

1 year ago - Business Wire

Highwoods to Present at Nareit's REITweek: 2023 Investor Conference

RALEIGH, N.C., June 01, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces Ted Klinck, President and Chief Executive Officer, will participate in a Company roundtable presentatio...

1 year ago - GlobeNewsWire

Highwoods Announces $40.2M of Non-Core Asset Sales

RALEIGH, N.C., May 31, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has sold One Independence Park, a 116,000 square foot office building in Tampa's Westshore BBD, for $19.5 million....

1 year ago - GlobeNewsWire