Highwoods Properties, Inc. (HIW)
NYSE: HIW · IEX Real-Time Price · USD
26.40
-0.02 (-0.08%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Highwoods Properties Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for HIW stock have an average target of 24.5, with a low estimate of 20 and a high estimate of 31. The average target predicts a decrease of -7.20% from the current stock price of 26.40.
Analyst Consensus: Hold
* Price targets were last updated on May 6, 2024.
Analyst Ratings
The average analyst rating for HIW stock from 9 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 6 | 6 | 6 | 6 | 6 | 6 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $28 → $31 | Strong Buy | Maintains | $28 → $31 | +17.42% | May 6, 2024 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $18 → $21 | Sell | Maintains | $18 → $21 | -20.45% | Mar 28, 2024 |
| Baird | Baird | Hold Maintains $25 → $26 | Hold | Maintains | $25 → $26 | -1.52% | Feb 14, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $28 → $29 | Strong Buy | Maintains | $28 → $29 | +9.85% | Feb 13, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Initiates $28 | Strong Buy | Initiates | $28 | +6.06% | Jan 30, 2024 |
Financial Forecast
Revenue This Year
825.51M
from 834.00M
Decreased by -1.02%
Revenue Next Year
828.54M
from 825.51M
Increased by 0.37%
EPS This Year
1.14
from 1.39
Decreased by -18.13%
EPS Next Year
0.63
from 1.14
Decreased by -44.97%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 889.6M | 927.8M | 981.1M | 936.5M | 994.9M |
| Avg | 825.5M | 828.5M | 884.9M | 893.2M | 957.0M |
| Low | 698.6M | 686.2M | 830.4M | 859.4M | 928.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.7% | 12.4% | 18.4% | 5.8% | 11.4% |
| Avg | -1.0% | 0.4% | 6.8% | 0.9% | 7.1% |
| Low | -16.2% | -16.9% | 0.2% | -2.9% | 4.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.67 | 0.67 | 0.82 |
| Avg | 1.14 | 0.63 | 0.72 |
| Low | 0.80 | 0.59 | 0.65 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 20.1% | -40.9% | 30.8% |
| Avg | -18.1% | -45.0% | 15.1% |
| Low | -42.2% | -48.3% | 3.3% |
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.