Highwoods Properties, Inc. (HIW)

NYSE: HIW · Real-Time Price · USD
29.22
+0.18 (0.62%)
At close: Mar 28, 2025, 4:00 PM
29.13
-0.09 (-0.30%)
After-hours: Mar 28, 2025, 8:00 PM EDT
0.62%
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]

Industry REIT - Office
Sector Real Estate
IPO Date Jun 7, 1994
Employees 350
Stock Exchange NYSE
Ticker Symbol HIW
Full Company Profile

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 Statements

Analyst 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.

Price Target
$30.86
(5.61% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Certainly Uncertain

US equity markets posted modest gains this week - snapping a four-week losing streak - as investors parsed commentary and updated forecasts from the Federal Reserve's policy meeting. Ahead of the loom...

5 days ago - Seeking Alpha

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...

10 days ago - GlobeNewsWire

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...

11 days ago - Seeking Alpha

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 ...

23 days ago - Seeking Alpha

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...

25 days ago - GlobeNewsWire

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 ...

4 weeks ago - Seeking Alpha

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...

4 weeks ago - Seeking Alpha

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 &...

6 weeks ago - Seeking Alpha

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...

6 weeks ago - GlobeNewsWire

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...

7 weeks ago - GlobeNewsWire

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 ...

2 months ago - GlobeNewsWire

Highwoods to Release Fourth Quarter 2024 Results Tuesday, February 11th

________________________________________ Conference Call Wednesday, February 12 th , at 11:00 A.M. _________________________________________ RALEIGH, N.C.

2 months ago - GlobeNewsWire

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...

3 months ago - Seeking Alpha

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...

Other symbols: AHRAMHAMTAVBBRXBXBXP
4 months ago - Seeking Alpha

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...

Other symbols: NHI
4 months ago - Accesswire

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 &...

5 months ago - Seeking Alpha

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...

5 months ago - GlobeNewsWire

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 ...

5 months ago - Seeking Alpha

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...

5 months ago - GlobeNewsWire

Highwoods to Release Third Quarter 2024 Results Tuesday, October 22nd

Conference Call Wednesday, October 23 rd , at 11:00 A.M.

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

Raise Cash And Sell Trash

As a dividend growth investor focused on income, I recommend raising cash and selling lower-quality stocks due to potential recession risks. Historical data shows that rate cuts often precede recessio...

6 months ago - Seeking Alpha

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...

6 months ago - Seeking Alpha

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

7 months ago - GlobeNewsWire

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...

7 months ago - Seeking Alpha