Highwoods Properties, Inc. (HIW)
NYSE: HIW · IEX Real-Time Price · USD
24.18
+0.22 (0.92%)
Apr 19, 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 24.13, with a low estimate of 20 and a high estimate of 29. The average target predicts a decrease of -0.21% from the current stock price of 24.18.
Analyst Consensus: Hold
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 7 | 6 | 5 | 6 | 6 | 6 |
| Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Sell Maintains $18 → $21 | Sell | Maintains | $18 → $21 | -13.15% | Mar 28, 2024 |
| Baird | Baird | Hold Maintains $25 → $26 | Hold | Maintains | $25 → $26 | +7.53% | Feb 14, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $28 → $29 | Strong Buy | Maintains | $28 → $29 | +19.93% | Feb 13, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Initiates $28 | Strong Buy | Initiates | $28 | +15.80% | Jan 30, 2024 |
| Morgan Stanley | Morgan Stanley | Hold → Sell Downgrades $22 → $18 | Hold → Sell | Downgrades | $22 → $18 | -25.56% | Dec 21, 2023 |
Financial Forecast
Revenue This Year
836.93M
from 834.00M
Increased by 0.35%
Revenue Next Year
837.06M
from 836.93M
Increased by 0.02%
EPS This Year
0.70
from 1.39
Decreased by -49.86%
EPS Next Year
0.41
from 0.70
Decreased by -40.58%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 894.9M | 901.1M | 925.6M | 977.4M | 1.0B |
| Avg | 836.9M | 837.1M | 867.3M | 940.2M | 989.2M |
| Low | 801.6M | 793.3M | 806.4M | 912.2M | 959.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.3% | 7.7% | 10.6% | 12.7% | 9.3% |
| Avg | 0.4% | 0.0% | 3.6% | 8.4% | 5.2% |
| Low | -3.9% | -5.2% | -3.7% | 5.2% | 2.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.16 | 0.53 | 0.70 |
| Avg | 0.70 | 0.41 | 0.44 |
| Low | 0.46 | 0.29 | 0.18 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -16.9% | -24.7% | 69.9% |
| Avg | -49.9% | -40.6% | 7.3% |
| Low | -66.9% | -57.8% | -57.4% |
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.