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Highwoods Properties, Inc. (HIW)

Stock Price: $38.04 USD -0.04 (-0.11%)
Updated Aug 14, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 3.95B
Revenue (ttm) 759.49M
Net Income (ttm) 312.74M
Shares Out 103.90M
EPS (ttm) 2.99
PE Ratio 12.72
Forward PE 24.39
Dividend $1.92
Dividend Yield 5.05%

Stock Quote

Trading Day Aug 14, 2020
Last Price $38.04
Previous Close $38.08
Change ($) -0.04
Change (%) -0.11%
Day's Open 38.01
Day's Range 37.91 - 38.68
Day's Volume 524,544
52-Week Range 25.10 - 52.76

More Stats

Market Cap 3.95B
Enterprise Value 6.28B
Earnings Date (est) Oct 27, 2020
Ex-Dividend Date Aug 14, 2020
Shares Outstanding 103.90M
Float 102.58M
EPS (basic) 3
EPS (diluted) 2.99
FCF / Share 4.38
Dividend $1.92
Dividend Yield 5.05%
Earnings Yield 7.86%
FCF Yield 11.51%
Payout Ratio n/a
Shares Short 981,224
Short Ratio 1.34
Short % of Float 1.30%
Beta 0.98
PE Ratio 12.72
Forward PE 24.39
P/FCF Ratio 8.69
PS Ratio 5.20
PB Ratio 1.75
Revenue 759.49M
Operating Income 400.29M
Net Income 312.74M
Free Cash Flow 454.73M
Net Cash -2.32B
Net Cash / Share -22.37
Gross Margin 64.62%
Operating Margin 52.70%
Profit Margin 41.10%
FCF Margin 59.87%
ROA 2.90%
ROE 13.52%
ROIC n/a
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (11)

Buy 5
Overweight 2
Hold 4
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$44.27*
(16.38% upside)
Low
37.0
Current: $38.04
High
50.0
Target: 44.27
*Average 12-month price target from 11 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue736720703666605556505485432441
Revenue Growth2.21%2.46%5.57%10.08%8.78%10.07%4.12%12.29%-2.01%-
Gross Profit487478466435389350321308275285
Operating Income223245251176149134122125111122
Net Income13717218552497.0811112579.6045.1368.50
Shares Outstanding10410310398.4494.4090.7485.3475.8172.2871.58
Earnings Per Share1.301.641.785.301.001.191.441.020.540.86
EPS Growth-20.73%-7.87%-66.42%430%-15.97%-17.36%41.18%88.89%-37.21%-
Dividend Per Share1.901.852.201.701.701.702.131.701.701.70
Dividend Growth2.65%-15.86%29.41%0%0%-20%25%0%0%-
Operating Cash Flow366359353306289267256193195191
Capital Expenditures-175-251-195334-281-17563.1223.73-91.34-75.64
Free Cash Flow1901071586407.5891.70320217104115
Cash & Equivalents14.7410.1488.3378.6321.8123.4324.3533.4937.8518.61
Total Debt2,5442,0862,0141,9482,4922,0711,9831,8891,8991,556
Net Cash / Debt-2,529-2,076-1,926-1,869-2,470-2,048-1,959-1,855-1,861-1,537
Assets5,1384,6754,6244,5614,4863,9993,8073,3503,1812,872
Liabilities2,8312,3052,2432,2622,7402,3182,2022,0612,0831,663
Book Value2,0192,1412,0761,9921,4751,4031,3711,035872963
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Highwoods Properties, Inc.
Country United States
Employees 431
CEO Theodore J. Klinck

Stock Information

Ticker Symbol HIW
Stock Exchange New York Stock Exchange
Sector Real Estate
Industry REIT—Office
Unique Identifier NYSE: HIW
IPO Date June 7, 1994

Description

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.