Highwoods Properties, Inc. (HIW)
NYSE: HIW · Real-Time Price · USD
23.21
-0.32 (-1.34%)
Feb 20, 2026, 11:54 AM EST - Market open

Highwoods Properties Statistics

Total Valuation

HIW has a market cap or net worth of $2.60 billion. The enterprise value is $6.21 billion.

Market Cap2.60B
Enterprise Value 6.21B

Important Dates

The last earnings date was Tuesday, February 10, 2026, after market close.

Earnings Date Feb 10, 2026
Ex-Dividend Date Feb 17, 2026

Share Statistics

HIW has 111.98 million shares outstanding. The number of shares has increased by 2.08% in one year.

Current Share Class 109.93M
Shares Outstanding 111.98M
Shares Change (YoY) +2.08%
Shares Change (QoQ) +1.27%
Owned by Insiders (%) 1.80%
Owned by Institutions (%) 101.65%
Float 107.87M

Valuation Ratios

The trailing PE ratio is 16.22 and the forward PE ratio is 35.43.

Price/FFO Ratio 6.67
Price/AFFO Ratio n/a
PE Ratio 16.22
Forward PE 35.43
PS Ratio 3.22
Forward PS 3.01
PB Ratio 1.10
P/TBV Ratio 1.11
P/FCF Ratio n/a
P/OCF Ratio 7.24
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 39.47
EV / Sales 7.68
EV / EBITDA 13.22
EV / EBIT 29.30
EV / FCF n/a

Financial Position

The company has a current ratio of 2.38, with a Debt / Equity ratio of 1.49.

Current Ratio 2.38
Quick Ratio 1.88
Debt / Equity 1.49
Debt / EBITDA 7.70
Debt / FCF n/a
Interest Coverage 1.39

Financial Efficiency

Return on equity (ROE) is 6.68% and return on invested capital (ROIC) is 2.25%.

Return on Equity (ROE) 6.68%
Return on Assets (ROA) 2.15%
Return on Invested Capital (ROIC) 2.25%
Return on Capital Employed (ROCE) 3.49%
Weighted Average Cost of Capital (WACC) 6.17%
Revenue Per Employee $2.57M
Profits Per Employee $499,216
Employee Count315
Asset Turnover 0.13
Inventory Turnover n/a

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -18.45% in the last 52 weeks. The beta is 1.08, so HIW's price volatility has been similar to the market average.

Beta (5Y) 1.08
52-Week Price Change -18.45%
50-Day Moving Average 25.76
200-Day Moving Average 29.01
Relative Strength Index (RSI) 37.70
Average Volume (20 Days) 1,564,852

Short Selling Information

The latest short interest is 6.60 million, so 5.89% of the outstanding shares have been sold short.

Short Interest 6.60M
Short Previous Month 6.33M
Short % of Shares Out 5.89%
Short % of Float 6.12%
Short Ratio (days to cover) 5.53

Income Statement

In the last 12 months, HIW had revenue of $808.48 million and earned $157.25 million in profits. Earnings per share was $1.45.

Revenue808.48M
Gross Profit 547.11M
Operating Income 211.85M
Pretax Income 162.65M
Net Income 157.25M
EBITDA 469.46M
EBIT 211.85M
Earnings Per Share (EPS) $1.45
Full Income Statement

Balance Sheet

The company has $27.36 million in cash and $3.63 billion in debt, with a net cash position of -$3.61 billion or -$32.21 per share.

Cash & Cash Equivalents 27.36M
Total Debt 3.63B
Net Cash -3.61B
Net Cash Per Share -$32.21
Equity (Book Value) 2.44B
Book Value Per Share 21.40
Working Capital 273.71M
Full Balance Sheet

Cash Flow

Operating Cash Flow 359.21M
Capital Expenditures n/a
Free Cash Flow n/a
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 67.67%, with operating and profit margins of 26.20% and 19.74%.

Gross Margin 67.67%
Operating Margin 26.20%
Pretax Margin 20.12%
Profit Margin 19.74%
EBITDA Margin 58.07%
EBIT Margin 26.20%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $2.00, which amounts to a dividend yield of 8.50%.

Dividend Per Share $2.00
Dividend Yield 8.50%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 137.94%
Buyback Yield -2.08%
Shareholder Yield 6.52%
Earnings Yield 6.05%
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for HIW is $30.13, which is 29.84% higher than the current price. The consensus rating is "Hold".

Price Target $30.13
Price Target Difference 29.84%
Analyst Consensus Hold
Analyst Count 8
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 5