Highwoods Properties, Inc. (HIW)
NYSE: HIW · Real-Time Price · USD
34.39
-0.34 (-0.98%)
Oct 29, 2024, 4:00 PM EDT - Market closed
Highwoods Properties Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for HIW stock have an average target of 28.5, with a low estimate of 20 and a high estimate of 35. The average target predicts a decrease of -17.13% from the current stock price of 34.39.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for HIW stock from 6 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 6 | 6 | 5 | 5 | 4 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 8 | 8 | 7 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Deutsche Bank | Deutsche Bank | Strong Buy → Hold Downgrades $31 → $35 | Strong Buy → Hold | Downgrades | $31 → $35 | +1.77% | Oct 1, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $22 → $32 | Hold | Maintains | $22 → $32 | -6.95% | Sep 11, 2024 |
| Baird | Baird | Hold Maintains $27 → $30 | Hold | Maintains | $27 → $30 | -12.77% | Jul 31, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $29 → $33 | Strong Buy | Maintains | $29 → $33 | -4.04% | Jul 30, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $28 → $31 | Strong Buy | Maintains | $28 → $31 | -9.86% | May 6, 2024 |
Financial Forecast
Revenue This Year
807.93M
Revenue Next Year
807.80M
from 807.93M
Decreased by -0.02%
EPS This Year
1.18
from 1.39
Decreased by -15.09%
EPS Next Year
0.56
from 1.18
Decreased by -52.36%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 865.3M | 867.5M | 902.6M | ||
| Avg | 807.9M | 807.8M | 857.8M | ||
| Low | 697.3M | 692.5M | 820.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 7.4% | 11.7% | ||
| Avg | - | -0.0% | 6.2% | ||
| Low | - | -14.3% | 1.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.24 | 0.63 | 0.78 |
| Avg | 1.18 | 0.56 | 0.66 |
| Low | 1.13 | 0.50 | 0.55 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -10.6% | -46.5% | 38.6% |
| Avg | -15.1% | -52.4% | 17.1% |
| Low | -18.7% | -57.5% | -2.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.