Highwoods Properties Statistics
Total Valuation
HIW has a market cap or net worth of $3.46 billion. The enterprise value is $6.77 billion.
Important Dates
The last earnings date was Tuesday, October 22, 2024, after market close.
| Earnings Date | Oct 22, 2024 |
| Ex-Dividend Date | Nov 18, 2024 |
Share Statistics
HIW has 108.17 million shares outstanding. The number of shares has increased by 0.30% in one year.
| Current Share Class | 106.02M |
| Shares Outstanding | 108.17M |
| Shares Change (YoY) | +0.30% |
| Shares Change (QoQ) | +0.01% |
| Owned by Insiders (%) | 1.70% |
| Owned by Institutions (%) | 106.97% |
| Float | 104.12M |
Valuation Ratios
The trailing PE ratio is 23.92 and the forward PE ratio is 52.98.
| Price/FFO Ratio | n/a |
| Price/AFFO Ratio | n/a |
| PE Ratio | 23.92 |
| Forward PE | 52.98 |
| PS Ratio | 4.08 |
| Forward PS | 4.14 |
| PB Ratio | 1.45 |
| P/TBV Ratio | 1.48 |
| P/FCF Ratio | 8.59 |
| P/OCF Ratio | 8.59 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 14.35, with an EV/FCF ratio of 16.80.
| EV / Earnings | 47.82 |
| EV / Sales | 8.16 |
| EV / EBITDA | 14.35 |
| EV / EBIT | 32.28 |
| EV / FCF | 16.80 |
Financial Position
The company has a current ratio of 1.62, with a Debt / Equity ratio of 1.35.
| Current Ratio | 1.62 |
| Quick Ratio | 1.32 |
| Debt / Equity | 1.35 |
| Debt / EBITDA | 6.95 |
| Debt / FCF | 8.18 |
| Interest Coverage | 1.44 |
Financial Efficiency
Return on equity (ROE) is 5.94% and return on invested capital (ROIC) is 2.29%.
| Return on Equity (ROE) | 5.94% |
| Return on Assets (ROA) | 2.17% |
| Return on Capital (ROIC) | 2.29% |
| Revenue Per Employee | $2.38M |
| Profits Per Employee | $405,413 |
| Employee Count | 349 |
| Asset Turnover | 0.14 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +77.06% in the last 52 weeks. The beta is 1.28, so HIW's price volatility has been higher than the market average.
| Beta (5Y) | 1.28 |
| 52-Week Price Change | +77.06% |
| 50-Day Moving Average | 33.47 |
| 200-Day Moving Average | 28.55 |
| Relative Strength Index (RSI) | 38.84 |
| Average Volume (20 Days) | 1,156,208 |
Short Selling Information
The latest short interest is 4.63 million, so 4.28% of the outstanding shares have been sold short.
| Short Interest | 4.63M |
| Short Previous Month | 4.41M |
| Short % of Shares Out | 4.28% |
| Short % of Float | 4.45% |
| Short Ratio (days to cover) | 5.42 |
Income Statement
In the last 12 months, HIW had revenue of $829.29 million and earned $141.49 million in profits. Earnings per share was $1.34.
| Revenue | 829.29M |
| Gross Profit | 559.04M |
| Operating Income | 209.57M |
| Pretax Income | 151.52M |
| Net Income | 141.49M |
| EBITDA | 471.57M |
| EBIT | 209.57M |
| Earnings Per Share (EPS) | $1.34 |
Full Income StatementBalance Sheet
The company has $23.65 million in cash and $3.30 billion in debt, giving a net cash position of -$3.27 billion or -$30.25 per share.
| Cash & Cash Equivalents | 23.65M |
| Total Debt | 3.30B |
| Net Cash | -3.27B |
| Net Cash Per Share | -$30.25 |
| Equity (Book Value) | 2.44B |
| Book Value Per Share | 21.99 |
| Working Capital | 170.91M |
Full Balance SheetCash Flow
| Operating Cash Flow | 402.65M |
| Capital Expenditures | n/a |
| Free Cash Flow | 402.65M |
| FCF Per Share | $3.72 |
Full Cash Flow StatementMargins
Gross margin is 67.41%, with operating and profit margins of 25.27% and 17.36%.
| Gross Margin | 67.41% |
| Operating Margin | 25.27% |
| Pretax Margin | 17.70% |
| Profit Margin | 17.36% |
| EBITDA Margin | 56.86% |
| EBIT Margin | 25.27% |
| FCF Margin | 41.58% |