Highwoods Properties, Inc. (HIW)
Market Cap | 3.25B |
Revenue (ttm) | 830.02M |
Net Income (ttm) | 99.76M |
Shares Out | 111.37M |
EPS (ttm) | 0.94 |
PE Ratio | 31.10 |
Forward PE | 43.61 |
Dividend | $2.00 (6.85%) |
Ex-Dividend Date | Feb 18, 2025 |
Volume | 856,403 |
Open | 29.21 |
Previous Close | 29.04 |
Day's Range | 28.98 - 29.35 |
52-Week Range | 23.52 - 36.78 |
Beta | 1.27 |
Analysts | Buy |
Price Target | 30.86 (+5.61%) |
Earnings Date | Apr 22, 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 2024, Highwoods Properties's revenue was $830.02 million, a decrease of -0.61% compared to the previous year's $835.10 million. Earnings were $99.76 million, a decrease of -31.78%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for HIW stock is "Buy." The 12-month stock price forecast is $30.86, which is an increase of 5.61% from the latest price.
News

Highwoods Closes $138 Million Acquisition of Advance Auto Parts Tower in Raleigh
RALEIGH, N.C., March 18, 2025 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has closed the acquisition of Advance Auto Parts Tower in the heart of Raleigh's vibrant mixed-use North Hills B...

Highwoods Properties: Short-Term Headwinds Could Last Longer Than Anticipated (Rating Downgrade)
Highwoods Properties is downgraded to a hold due to economic uncertainty and potential prolonged headwinds impacting financials and occupancy rates. Despite solid property locations and a compelling v...

Demographic Trends Shaping REIT Portfolio Construction
Demographic shifts, including an aging population and migration trends, are key drivers of REIT performance, influencing sector allocations and investment strategies. Chilton focuses on single-family ...

Highwoods Agrees to Acquire Advance Auto Parts Tower in Raleigh
346,000 Square Feet,100% Leased Adjacent to Highwoods-Owned CAPTRUST Tower in North Hills Closing Scheduled for Next 30 Days RALEIGH, N.C., March 03, 2025 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc...

Buried Treasures: 4 Dramatically Undervalued REITs
REITs are highly attractive now due to stable or falling interest rates and low inflation, with many offering strong yields while being undervalued. This article identifies 27 REITs yielding at least ...

Highwoods Properties: Warm Up To This 7% Yield And Sunbelt Star
Highwoods Properties is an attractive investment for income, value, and growth due to its strong Sunbelt market presence and diversified tenant base. HIW's 6.8% dividend yield is well-covered, and the...

Highwoods Properties, Inc. (HIW) Q4 2024 Earnings Call Transcript
Highwoods Properties, Inc. (NYSE:HIW) Q4 2024 Earnings Conference Call February 12, 2025 11:00 AM ET Company Participants Brendan Maiorana - EVP & CFO Ted Klinck - President & CEO Brian Leary - EVP &...

Highwoods Announces Availability of Fourth Quarter and Full Year 2024 Results
RALEIGH, N.C., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its fourth quarter and full year 2024 results. To view the release, please visit the investors secti...

Highwoods Announces Recent Investment and Financing Activity
RALEIGH, N.C., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) is today announcing investment and financing transactions that closed during the fourth quarter of 2024 and to da...

Highwoods Declares Quarterly Dividends
RALEIGH, N.C., Jan. 29, 2025 (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 to Release Fourth Quarter 2024 Results Tuesday, February 11th
________________________________________ Conference Call Wednesday, February 12 th , at 11:00 A.M. _________________________________________ RALEIGH, N.C.

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
REITs are poised for growth with stabilizing interest rates, low new supply, and robust balance sheets supporting higher rents and long-term asset growth. Healthcare REITs benefit from strong senior h...

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 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...