Highwoods Properties, Inc. (HIW)
Market Cap | 2.32B |
Revenue (ttm) | 835.30M |
Net Income (ttm) | 160.15M |
Shares Out | 110.32M |
EPS (ttm) | 1.52 |
PE Ratio | 13.92 |
Forward PE | 11.19 |
Dividend | $2.00 (9.49%) |
Ex-Dividend Date | May 19, 2023 |
Volume | 383,727 |
Open | 21.20 |
Previous Close | 21.28 |
Day's Range | 20.72 - 21.31 |
52-Week Range | 19.45 - 39.09 |
Beta | 1.12 |
Analysts | Hold |
Price Target | 28.67 (+36.07%) |
Earnings Date | Jul 25, 2023 |
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. [Read more]
Financial Performance
In 2022, HIW's revenue was $828.93 million, an increase of 7.93% compared to the previous year's $768.01 million. Earnings were $156.57 million, a decrease of -49.62%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for HIW stock is "Hold." The 12-month stock price forecast is $28.67, which is an increase of 36.07% from the latest price.
News

Highwoods to Present at Nareit's REITweek: 2023 Investor Conference
RALEIGH, N.C., June 01, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces Ted Klinck, President and Chief Executive Officer, will participate in a Company roundtable presentatio...

Highwoods Announces $40.2M of Non-Core Asset Sales
RALEIGH, N.C., May 31, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has sold One Independence Park, a 116,000 square foot office building in Tampa's Westshore BBD, for $19.5 million....
Office vacancy issue will 'play out over a long period of time', says Barclays' Ajay Rajadhyaksha
Ajay Rajadhyaksha, Barclays' global chairman of research, joins 'Closing Bell' to discuss the slowdown in commercial real estate and the stock market's reaction to the slowdown.

Highwoods Announces Availability of First Quarter 2023 Results
RALEIGH, N.C., April 25, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its first quarter 2023 results. To view the release, please visit the investors section of our web...

Highwoods Declares Quarterly Dividends
RALEIGH, N.C., April 20, 2023 (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 Properties Selected as 2023 Gold Level Green Lease Leader
RALEIGH, N.C., April 12, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces it has been selected as a 2023 Gold Level Green Lease Leader by the Institute for Market Transformatio...

Highwoods to Release First Quarter 2023 Results Tuesday, April 25th
________________________________________

Highwoods Obtains $200M Secured Loan
RALEIGH, N.C., March 28, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces it has obtained a $200 million, 5-year secured loan provided by a life insurance company at a fixed ra...

Highwoods Properties, High-quality Real Estate for a Discount
Private equity real estate funds, crowdfunding platforms, and syndicators all seek to justify their high fees and bonuses to investors by convincing them that only they can deliver the results they pr...

REITS to Consider as U.S. Housing Market Tumbles
As the dust settles and markets digest a dire realization, housing markets - which seemed to be the focus for investors and home buyers alike during the 2020-2022 period - are becoming an area of peri...

Highwoods Announces Availability of Fourth Quarter and Full Year 2022 Results
RALEIGH, N.C., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its fourth quarter and full year 2022 results. To view the release, please visit the investors secti...

Highwoods to Release Fourth Quarter and Full Year 2022 Results Tuesday, February 7th
________________________________________

Highwoods Acquires McKinney & Olive in Uptown Dallas in 50/50 Joint Venture with Granite Properties
$197M Total Investment (at HIW Share) 557,000 Square Feet Trophy Mixed-Use Asset; 99% Leased Substantially Below-Market Rents Ideally Situated Four Blocks from 23Springs Development Project __________...

Property Picks: Top REITs For Growth And Income
Rising rates have hit the real estate investment trust sector particularly hard over the past year. Several leading advisors and contributors to MoneyShow.com, however, have taken a contrary view on t...

Highwoods and The Bromley Companies Form 50/50 Joint Venture to Develop Midtown East in Tampa
$83 Million Anticipated Total Investment (at 100%) 134,000 Square Feet $83 Million Anticipated Total Investment (at 100%) 134,000 Square Feet

20 dividend stocks with high yields that have become more attractive right now
Income-seeking investors are looking at an opportunity to scoop up shares of real estate investment trusts. Stocks in that asset class have become more attractive as prices have fallen and cash flow i...

Highwoods Announces Availability of Third Quarter 2022 Results
RALEIGH, N.C., Oct. 25, 2022 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its third quarter 2022 results. To view the release, please visit the investors section of our websi...

Highwoods Obtains New $200 Million Term Loan
RALEIGH, N.C., Oct. 11, 2022 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has obtained a $200.0 million, two-year unsecured bank term loan that is scheduled to mature in October 2024. Ass...

3 Companies Growing Earnings Fast
The S&P 500 saw the earnings per share of its member companies increase by an average of 14.55% every year over the past five years ending in the first quarter of 2022. The index, which stood at 3,790...

Highwoods to Release Third Quarter 2022 Results Tuesday, October 25th
________________________________________

Highwoods Reports No Notable Damage from Hurricane Ian
RALEIGH, N.C., Oct. 03, 2022 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) reports after having conducted a thorough assessment of its Florida, Georgia, North Carolina and Tennessee proper...

Curaleaf Holdings (OTC:CURLF), Blackstone (NYSE:BX) – 'Risk Free' Bonds Are Paying Historic Yields, But These 3 REITs Have Them Beat
Real estate investment trusts (REITs) can provide passive income and solid returns if timed correctly. Many investors may scratch their heads after a quick 20% drop, but it's not unusual.

Highwoods Closes $203 Million Acquisition of 650 South Tryon at Legacy Union in CBD Charlotte
RALEIGH, N.C., Aug. 17, 2022 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has closed the acquisition of 650 South Tryon in the heart of Charlotte's dynamic Uptown CBD submarket for a tota...

Lincoln Harris and Goldman Sachs Asset Management Close on Sale of Legacy Union SIX50 to Highwoods Properties
CHARLOTTE, N.C. , Aug. 17, 2022 /PRNewswire/ -- Lincoln Harris, in partnership with the Real Estate business within Goldman Sachs Asset Management (Goldman Sachs), today announced they have closed on ...

Highwoods Announces Availability of Second Quarter 2022 Results
RALEIGH, N.C., July 26, 2022 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its second quarter 2022 results. To view the release, please visit the investors section of our webs...