Highwoods Properties, Inc. (HIW)
NYSE: HIW · Real-Time Price · USD
31.81
-0.40 (-1.23%)
Nov 5, 2026, 11:03 AM EST - Market open

Highwoods Properties Statistics

Total Valuation

HIW has a market cap or net worth of $3.57 billion. The enterprise value is $6.81 billion.

Market Cap3.57B
Enterprise Value 6.81B

Important Dates

The last earnings date was Tuesday, October 27, 2026, after market close.

Earnings Date Oct 27, 2026
Ex-Dividend Date Nov 16, 2026

Share Statistics

HIW has 112.33 million shares outstanding. The number of shares has increased by 2.11% in one year.

Current Share Class 110.32M
Shares Outstanding 112.33M
Shares Change (YoY) +2.11%
Shares Change (QoQ) +0.02%
Owned by Insiders (%) 1.31%
Owned by Institutions (%) 118.87%
Float 108.83M

Valuation Ratios

The trailing PE ratio is 18.91 and the forward PE ratio is 42.53.

Price/FFO Ratio 9.13
Price/AFFO Ratio n/a
PE Ratio 18.91
Forward PE 42.53
PS Ratio 4.23
Forward PS 4.11
PB Ratio 1.51
P/TBV Ratio 1.54
P/FCF Ratio n/a
P/OCF Ratio 9.53
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 36.98
EV / Sales 8.01
EV / EBITDA 13.96
EV / EBIT 30.71
EV / FCF n/a

Financial Position

The company has a current ratio of 1.24, with a Debt / Equity ratio of 1.34.

Current Ratio 1.24
Quick Ratio 1.06
Debt / Equity 1.34
Debt / EBITDA 7.12
Debt / FCF n/a
Interest Coverage 1.36

Financial Efficiency

Return on equity (ROE) is 7.64% and return on invested capital (ROIC) is 2.32%.

Return on Equity (ROE) 7.64%
Return on Assets (ROA) 2.21%
Return on Invested Capital (ROIC) 2.32%
Return on Capital Employed (ROCE) 3.80%
Weighted Average Cost of Capital (WACC) 6.99%
Revenue Per Employee $2.72M
Profits Per Employee $588,076
Employee Count315
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 +11.71% 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 +11.71%
50-Day Moving Average 30.15
200-Day Moving Average 27.57
Relative Strength Index (RSI) 60.57
Average Volume (20 Days) 1,165,266

Short Selling Information

The latest short interest is 12.02 million, so 10.70% of the outstanding shares have been sold short.

Short Interest 12.02M
Short Previous Month 12.27M
Short % of Shares Out 10.70%
Short % of Float 11.04%
Short Ratio (days to cover) 9.66

Income Statement

In the last 12 months, HIW had revenue of $855.44 million and earned $185.24 million in profits. Earnings per share was $1.68.

Revenue855.44M
Gross Profit 575.79M
Operating Income 223.03M
Pretax Income 193.92M
Net Income 185.24M
EBITDA 490.82M
EBIT 223.03M
Earnings Per Share (EPS) $1.68
Full Income Statement

Balance Sheet

The company has $279.21 million in cash and $3.51 billion in debt, with a net cash position of -$3.23 billion or -$28.78 per share.

Cash & Cash Equivalents 279.21M
Total Debt 3.51B
Net Cash -3.23B
Net Cash Per Share -$28.78
Equity (Book Value) 2.62B
Book Value Per Share 21.26
Working Capital 137.53M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $379.54 million and capital expenditures -$745.78 million, giving a free cash flow of -$366.24 million.

Operating Cash Flow 379.54M
Capital Expenditures -745.78M
Depreciation & Amortization 311.04M
Net Borrowing n/a
Free Cash Flow -366.24M
FCF Per Share -$3.26
Full Cash Flow Statement

Margins

Gross margin is 67.31%, with operating and profit margins of 26.07% and 21.92%.

Gross Margin 67.31%
Operating Margin 26.07%
Pretax Margin 22.67%
Profit Margin 21.92%
EBITDA Margin 57.38%
EBIT Margin 26.07%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $2.00, which amounts to a dividend yield of 6.33%.

Dividend Per Share $2.00
Dividend Yield 6.33%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 118.91%
FCF Payout Ratio n/a
Buyback Yield -2.11%
Shareholder Yield 4.10%
Earnings Yield 5.29%
FCF Yield -10.13%
Dividend Details

Analyst Forecast

The average price target for HIW is $31.44, which is -1.15% lower than the current price. The consensus rating is "Hold".

Price Target $31.44
Price Target Difference -1.15%
Analyst Consensus Hold
Analyst Count 10
Revenue Growth Forecast (3Y) 4.19%
EPS Growth Forecast (3Y) 5.93%
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