Highwoods Properties, Inc. (HIW)

NYSE: HIW · IEX Real-Time Price · USD
38.19
-0.43 (-1.11%)
May 20, 2022 4:00 PM EDT - Market closed
Market Cap4.11B
Revenue (ttm)790.58M
Net Income (ttm)296.59M
Shares Out107.66M
EPS (ttm)2.84
PE Ratio13.45
Forward PE29.59
Dividend$2.00 (5.24%)
Ex-Dividend DateMay 20, 2022
Volume791,295
Open38.70
Previous Close38.62
Day's Range37.55 - 38.70
52-Week Range37.19 - 48.98
Beta1.08
AnalystsBuy
Price Target50.55 (+32.4%)
Earnings DateApr 26, 2022

About HIW

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. Highwoods is a fully-integrated office REIT that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Nashville, Orlando, Pittsburgh, Raleigh, Richmond and Tampa.

IndustryEquity Real Estate Investment Trusts (REITs)
IPO DateJun 7, 1994
CEOTheodore Klinck
Employees348
Stock ExchangeNYSE
Ticker SymbolHIW
Full Company Profile

Financial Performance

In 2021, HIW's revenue was $768.01 million, an increase of 4.22% compared to the previous year's $736.90 million. Earnings were $313.28 million, a decrease of -9.82%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for HIW stock is "Buy." The 12-month stock price forecast is 50.55, which is an increase of 32.36% from the latest price.

Price Target
$50.55
(32.36% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Highwoods (HIW) Continues Assets Sale With $98M Dispositions

Highwoods Properties (HIW) announces sale of its non-core assets worth $98 million as part of its capital-recycling strategy.

1 day ago - Zacks Investment Research

Highwoods Announces $98M of Non-Core Asset Sales

RALEIGH, N.C., May 19, 2022 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has sold the FBI Tampa Field Office, a 138,000 square foot office building developed by Highwoods as a build-to-suit...

1 day ago - GlobeNewsWire

Highwoods Selected as 2022 Green Lease Leader

RALEIGH, N.C., May 18, 2022 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has been selected as a 2022 Green Lease Leader today by The Institute for Market Transformation (IMT) and the U.S. D...

2 days ago - GlobeNewsWire

Highwoods Announces Charlotte Market Expansion

Agrees to Acquire 650 South Tryon at Legacy Union in CBD

1 week ago - GlobeNewsWire

Recovering Office Demand Is Driving Surging Rents for These REITs

The demise of the office seems overblown.

Other symbols:HPPKRC
3 weeks ago - The Motley Fool

Highwoods (HIW) Stock Down 1.5% Despite Q1 FFO & Revenue Beat

Highwoods' (HIW) first-quarter 2022 bottom line outpaces estimates on decent leasing activity and growth in rental revenues.

3 weeks ago - Zacks Investment Research

Highwoods Properties (HIW) Q1 FFO and Revenues Top Estimates

Highwoods Properties (HIW) delivered FFO and revenue surprises of 6.19% and 2.45%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

Highwoods Announces Availability of First Quarter 2022 Results

RALEIGH, N.C., April 26, 2022 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its first quarter 2022 results. To view the release, please visit the investors section of our websit...

3 weeks ago - GlobeNewsWire

Highwoods Declares Quarterly Dividends

RALEIGH, N.C., April 20, 2022 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces its Board of Directors today declared a cash dividend of $0.50 per share of common stock for the quarter...

1 month ago - GlobeNewsWire

Why Highwoods Properties (HIW) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Highwoods Properties (HIW) have what it takes?

1 month ago - Zacks Investment Research

Are You Looking for a High-Growth Dividend Stock? Highwoods Properties (HIW) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Highwoods Properties (HIW) have what it takes?

1 month ago - Zacks Investment Research

Highwoods to Release First Quarter 2022 Results Tuesday, April 26th

Conference Call Wednesday, April 27 th , at 11:00 A.M.

1 month ago - GlobeNewsWire

Highwoods Announces Recent Leasing Activity in Tampa

New Lease for 71,000 SF at 5332 Avion New Lease for 112,000 SF at One Independence Long-Term Leases with Strong Credit-Profile Customers

2 months ago - GlobeNewsWire

Highwoods (HIW) Q4 FFO & Revenues Top Estimates, NOI Rises

Highwoods' (HIW) better-than-expected Q4 results reflect healthy rental revenues and a solid same-property cash net operating income.

3 months ago - Zacks Investment Research

This is Why Highwoods Properties (HIW) is a Great Dividend Stock

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Highwoods Properties (HIW) have what it takes?

3 months ago - Zacks Investment Research

Highwoods Properties (HIW) Matches Q4 FFO Estimates

Highwoods Properties (HIW) delivered FFO and revenue surprises of 0% and 1.56%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Highwoods Announces Availability of Fourth Quarter and Full Year 2021 Results

RALEIGH, N.C., Feb. 08, 2022 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its fourth quarter and full year 2021 results. To view the release, please visit the investors section...

3 months ago - GlobeNewsWire

Here's Why You Should Retain Highwoods (HIW) Stock Now

A well-diversified tenant base and efforts to expand in the high-growth markets are likely to aid Highwoods (HIW). However, large-scale asset sell-offs and stiff competition are concerning.

3 months ago - Zacks Investment Research

Highwoods to Release Fourth Quarter and Full Year 2021 Results Tuesday, February 8th

Conference Call  Wednesday, February 9 th , at 11:00 A.M.

4 months ago - GlobeNewsWire

Highwoods (HIW), Brand Properties Team Up for 2827 Peachtree

Highwoods Properties' (HIW) latest move comes as part of its strategy to expand its footprint in high-growth BBD markets and improve the overall portfolio quality with acquisitions and development.

4 months ago - Zacks Investment Research

Highwoods Properties (HIW) Closes Portfolio Sale Worth $56M

Highwoods Properties' (HIW) sale of its non-core properties in Richmond and Raleigh is in line with its strategy of redeploying the transaction proceeds to growth endeavors.

4 months ago - Zacks Investment Research

Highwoods Announces $56M of Additional Non-Core Asset Sales

Sold $353M of Non-Core Assets Since Announcing the Acquisition of Office Assets from Preferred Apartment Communities, Inc. Sold $353M of Non-Core Assets Since Announcing the Acquisition of Office Assets...

4 months ago - GlobeNewsWire

Here's Why It is Wise to Retain Highwoods (HIW) Stock Now

A well-diversified tenant base and efforts to expand in the high-growth markets are likely to aid Highwoods (HIW). However, large-scale asset sell-offs and stiff competition are concerning.

5 months ago - Zacks Investment Research

Highwoods Properties (HIW) Up 3.4% Since Last Earnings Report: Can It Continue?

Highwoods Properties (HIW) reported earnings 30 days ago. What's next for the stock?

5 months ago - Zacks Investment Research

HIW vs. LSI: Which Stock Is the Better Value Option?

HIW vs. LSI: Which Stock Is the Better Value Option?

Other symbols:LSI
5 months ago - Zacks Investment Research