Highwoods Properties, Inc. (HIW)
NYSE: HIW · Real-Time Price · USD
20.60
-0.99 (-4.59%)
Mar 20, 2026, 4:00 PM EDT - Market closed

Highwoods Properties Statistics

Total Valuation

HIW has a market cap or net worth of $2.26 billion. The enterprise value is $5.87 billion.

Market Cap2.26B
Enterprise Value 5.87B

Important Dates

The next estimated earnings date is Tuesday, April 28, 2026, after market close.

Earnings Date Apr 28, 2026
Ex-Dividend Date Feb 17, 2026

Share Statistics

HIW has 109.93 million shares outstanding. The number of shares has increased by 2.08% in one year.

Current Share Class 109.93M
Shares Outstanding 109.93M
Shares Change (YoY) +2.08%
Shares Change (QoQ) +1.27%
Owned by Insiders (%) 2.05%
Owned by Institutions (%) 105.65%
Float 107.59M

Valuation Ratios

The trailing PE ratio is 14.21 and the forward PE ratio is 31.03.

Price/FFO Ratio 5.92
Price/AFFO Ratio n/a
PE Ratio 14.21
Forward PE 31.03
PS Ratio 2.80
Forward PS 2.63
PB Ratio 0.96
P/TBV Ratio 0.96
P/FCF Ratio n/a
P/OCF Ratio 6.30
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 37.34
EV / Sales 7.26
EV / EBITDA 12.51
EV / EBIT 27.71
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) 5.95%
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 -28.87% 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 -28.87%
50-Day Moving Average 24.28
200-Day Moving Average 28.23
Relative Strength Index (RSI) 28.92
Average Volume (20 Days) 1,511,181

Short Selling Information

The latest short interest is 6.90 million, so 6.27% of the outstanding shares have been sold short.

Short Interest 6.90M
Short Previous Month 6.60M
Short % of Shares Out 6.27%
Short % of Float 6.41%
Short Ratio (days to cover) 4.37

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 -$32.81 per share.

Cash & Cash Equivalents 27.36M
Total Debt 3.63B
Net Cash -3.61B
Net Cash Per Share -$32.81
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
Depreciation & Amortization 294.95M
Net Borrowing 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 9.71%.

Dividend Per Share $2.00
Dividend Yield 9.71%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 137.94%
Buyback Yield -2.08%
Shareholder Yield 7.63%
Earnings Yield 6.94%
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for HIW is $27.71, which is 34.52% higher than the current price. The consensus rating is "Hold".

Price Target $27.71
Price Target Difference 34.52%
Analyst Consensus Hold
Analyst Count 7
Revenue Growth Forecast (5Y) 2.60%
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