Highwoods Properties, Inc. (HIW)
NYSE: HIW · Real-Time Price · USD
31.33
+0.11 (0.35%)
At close: Jul 13, 2026, 4:00 PM EDT
31.63
+0.30 (0.95%)
After-hours: Jul 13, 2026, 7:00 PM EDT

Highwoods Properties Statistics

Total Valuation

HIW has a market cap or net worth of $3.52 billion. The enterprise value is $7.19 billion.

Market Cap3.52B
Enterprise Value 7.19B

Important Dates

The next confirmed earnings date is Tuesday, July 28, 2026, after market close.

Earnings Date Jul 28, 2026
Ex-Dividend Date May 18, 2026

Share Statistics

HIW has 112.29 million shares outstanding. The number of shares has increased by 2.15% in one year.

Current Share Class 110.27M
Shares Outstanding 112.29M
Shares Change (YoY) +2.15%
Shares Change (QoQ) +0.12%
Owned by Insiders (%) 2.06%
Owned by Institutions (%) 108.36%
Float 107.91M

Valuation Ratios

The trailing PE ratio is 37.48.

Price/FFO Ratio 8.99
Price/AFFO Ratio n/a
PE Ratio 37.48
Forward PE n/a
PS Ratio 4.27
Forward PS 4.09
PB Ratio 1.47
P/TBV Ratio 1.50
P/FCF Ratio n/a
P/OCF Ratio 9.36
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 78.86
EV / Sales 8.73
EV / EBITDA 15.11
EV / EBIT 33.60
EV / FCF n/a

Financial Position

The company has a current ratio of 0.73, with a Debt / Equity ratio of 1.42.

Current Ratio 0.73
Quick Ratio 0.69
Debt / Equity 1.42
Debt / EBITDA 7.74
Debt / FCF n/a
Interest Coverage 1.36

Financial Efficiency

Return on equity (ROE) is 3.77% and return on invested capital (ROIC) is 2.20%.

Return on Equity (ROE) 3.77%
Return on Assets (ROA) 2.11%
Return on Invested Capital (ROIC) 2.20%
Return on Capital Employed (ROCE) 3.55%
Weighted Average Cost of Capital (WACC) 6.69%
Revenue Per Employee $2.62M
Profits Per Employee $289,419
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 -0.41% 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 -0.41%
50-Day Moving Average 27.94
200-Day Moving Average 26.42
Relative Strength Index (RSI) 65.20
Average Volume (20 Days) 2,145,124

Short Selling Information

The latest short interest is 10.00 million, so 8.90% of the outstanding shares have been sold short.

Short Interest 10.00M
Short Previous Month 5.89M
Short % of Shares Out 8.90%
Short % of Float 9.26%
Short Ratio (days to cover) 4.14

Income Statement

In the last 12 months, HIW had revenue of $823.80 million and earned $91.17 million in profits. Earnings per share was $0.84.

Revenue823.80M
Gross Profit 556.35M
Operating Income 213.98M
Pretax Income 96.02M
Net Income 91.17M
EBITDA 475.89M
EBIT 213.98M
Earnings Per Share (EPS) $0.84
Full Income Statement

Balance Sheet

The company has $32.42 million in cash and $3.70 billion in debt, with a net cash position of -$3.67 billion or -$32.69 per share.

Cash & Cash Equivalents 32.42M
Total Debt 3.70B
Net Cash -3.67B
Net Cash Per Share -$32.69
Equity (Book Value) 2.61B
Book Value Per Share 21.24
Working Capital -153.46M
Full Balance Sheet

Cash Flow

Operating Cash Flow 375.73M
Capital Expenditures n/a
Depreciation & Amortization 301.09M
Net Borrowing n/a
Free Cash Flow n/a
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross margin is 67.53%, with operating and profit margins of 25.97% and 11.35%.

Gross Margin 67.53%
Operating Margin 25.97%
Pretax Margin 11.66%
Profit Margin 11.35%
EBITDA Margin 57.77%
EBIT Margin 25.97%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $2.00, which amounts to a dividend yield of 6.38%.

Dividend Per Share $2.00
Dividend Yield 6.38%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 239.24%
Buyback Yield -2.15%
Shareholder Yield 4.23%
Earnings Yield 2.59%
FCF Yield n/a
Dividend Details

Analyst Forecast

The average price target for HIW is $26.78, which is -14.52% lower than the current price. The consensus rating is "Hold".

Price Target $26.78
Price Target Difference -14.52%
Analyst Consensus Hold
Analyst Count 10
Revenue Growth Forecast (3Y) 4.10%
EPS Growth Forecast (3Y) 13.75%
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