Highwoods Properties, Inc. (HIW)

Market Cap	2.74B
Revenue (ttm)	832.52M
Net Income (ttm)	128.46M
Shares Out	105.71M
EPS (ttm)	1.22
PE Ratio	21.23
Forward PE	37.03
Dividend	$2.00 (7.72%)
Ex-Dividend Date	May 17, 2024

Volume	1,062,714
Open	25.06
Previous Close	25.40
Day's Range	24.83 - 26.06
52-Week Range	17.06 - 26.27
Beta	1.24
Analysts	Hold
Price Target	24.13 (-6.83%)
Earnings Date	Apr 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...

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

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%.

Analyst Forecast

According to 9 analysts, the average rating for HIW stock is "Hold." The 12-month stock price forecast is $24.13, which is a decrease of -6.83% from the latest price.

Price Target

$24.13

(-6.83% downside)

Analyst Consensus: Hold