Highwoods Properties, Inc. (HIW)
NYSE: HIW · Real-Time Price · USD
33.32
+0.19 (0.57%)
At close: Aug 3, 2026, 4:00 PM EDT
33.77
+0.45 (1.35%)
After-hours: Aug 3, 2026, 4:36 PM EDT

Highwoods Properties Statistics

Total Valuation

HIW has a market cap or net worth of $3.74 billion. The enterprise value is $7.11 billion.

Market Cap3.74B
Enterprise Value 7.11B

Important Dates

The last earnings date was Tuesday, July 28, 2026, after market close.

Earnings Date Jul 28, 2026
Ex-Dividend Date Aug 17, 2026

Share Statistics

HIW has 112.32 million shares outstanding. The number of shares has increased by 2.26% in one year.

Current Share Class 110.31M
Shares Outstanding 112.32M
Shares Change (YoY) +2.26%
Shares Change (QoQ) +0.21%
Owned by Insiders (%) 2.06%
Owned by Institutions (%) 110.23%
Float 107.94M

Valuation Ratios

The trailing PE ratio is 21.97 and the forward PE ratio is 51.38.

Price/FFO Ratio 9.54
Price/AFFO Ratio n/a
PE Ratio 21.97
Forward PE 51.38
PS Ratio 4.46
Forward PS 4.30
PB Ratio 1.55
P/TBV Ratio 1.58
P/FCF Ratio n/a
P/OCF Ratio 9.74
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 42.75
EV / Sales 8.48
EV / EBITDA 13.89
EV / EBIT 34.45
EV / FCF n/a

Financial Position

The company has a current ratio of 1.05, with a Debt / Equity ratio of 1.33.

Current Ratio 1.05
Quick Ratio 0.82
Debt / Equity 1.33
Debt / EBITDA 6.87
Debt / FCF n/a
Interest Coverage 1.28

Financial Efficiency

Return on equity (ROE) is 6.81% and return on invested capital (ROIC) is 2.29%.

Return on Equity (ROE) 6.81%
Return on Assets (ROA) 2.18%
Return on Invested Capital (ROIC) 2.29%
Return on Capital Employed (ROCE) 3.51%
Weighted Average Cost of Capital (WACC) 7.01%
Revenue Per Employee $2.66M
Profits Per Employee $528,162
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 increased by +16.42% 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 +16.42%
50-Day Moving Average 30.30
200-Day Moving Average 26.57
Relative Strength Index (RSI) 60.15
Average Volume (20 Days) 1,612,068

Short Selling Information

The latest short interest is 10.24 million, so 9.12% of the outstanding shares have been sold short.

Short Interest 10.24M
Short Previous Month 7.43M
Short % of Shares Out 9.12%
Short % of Float 9.49%
Short Ratio (days to cover) 4.51

Income Statement

In the last 12 months, HIW had revenue of $838.86 million and earned $166.37 million in profits. Earnings per share was $1.52.

Revenue838.86M
Gross Profit 564.90M
Operating Income 218.58M
Pretax Income 173.55M
Net Income 166.37M
EBITDA 511.92M
EBIT 206.46M
Earnings Per Share (EPS) $1.52
Full Income Statement

Balance Sheet

The company has $145.38 million in cash and $3.52 billion in debt, with a net cash position of -$3.37 billion or -$30.00 per share.

Cash & Cash Equivalents 145.38M
Total Debt 3.52B
Net Cash -3.37B
Net Cash Per Share -$30.00
Equity (Book Value) 2.65B
Book Value Per Share 21.44
Working Capital 29.32M
Full Balance Sheet

Cash Flow

Operating Cash Flow 384.43M
Capital Expenditures n/a
Depreciation & Amortization 305.46M
Net Borrowing n/a
Free Cash Flow n/a
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 67.34%, with operating and profit margins of 26.06% and 20.11%.

Gross Margin 67.34%
Operating Margin 26.06%
Pretax Margin 20.69%
Profit Margin 20.11%
EBITDA Margin 61.27%
EBIT Margin 24.71%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $2.00, which amounts to a dividend yield of 6.00%.

Dividend Per Share $2.00
Dividend Yield 6.00%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 131.84%
Buyback Yield -2.26%
Shareholder Yield 3.75%
Earnings Yield 4.45%
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for HIW is $29.56, which is -11.28% lower than the current price. The consensus rating is "Hold".

Price Target $29.56
Price Target Difference -11.28%
Analyst Consensus Hold
Analyst Count 10
Revenue Growth Forecast (3Y) 4.40%
EPS Growth Forecast (3Y) 10.75%
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 4