Highwoods Properties, Inc. (HIW)
| Market Cap | 2.43B |
| Revenue (ttm) | 838.85M |
| Net Income (ttm) | 135.78M |
| Shares Out | 105.69M |
| EPS (ttm) | 1.29 |
| PE Ratio | 17.80 |
| Forward PE | 30.38 |
| Dividend | $2.00 (8.71%) |
| Ex-Dividend Date | Nov 17, 2023 |
| Volume | 805,732 |
| Open | 23.33 |
| Previous Close | 23.47 |
| Day's Range | 22.94 - 23.41 |
| 52-Week Range | 17.06 - 31.88 |
| Beta | 1.19 |
| Analysts | Hold |
| Price Target | 23.14 (+0.78%) |
| Earnings Date | Feb 6, 2024 |
About HIW
Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-integrated office real estate investment trust (REIT) that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa. Highwoods is in the work-placemaking business. We believe that by creating environments and experiences where the best and brightest can achieve together what they cannot apart, we can deliver greater value to our ... [Read more]
Financial Performance
In 2022, HIW's revenue was $828.93 million, an increase of 7.93% compared to the previous year's $768.01 million. Earnings were $156.57 million, a decrease of -49.62%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for HIW stock is "Hold." The 12-month stock price forecast is $23.14, which is an increase of 0.78% from the latest price.
News
KBW Announces Index Rebalancing for Fourth-Quarter 2023
NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...
Highwoods Elects Candice Todd to Board of Directors
RALEIGH, N.C., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) today announced that Candice W. Todd, 58, has been elected to join the Company's Board of Directors effective Jan...
Highwoods Prices $350 Million of 7.65% Notes Due 2034
RALEIGH, N.C., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE: HIW) (the “Company”) announced today that Highwoods Realty Limited Partnership, the operating partnership through whi...
This Stock Has A 11.32% Yield And Sells For Less Than Book
the recent HIW share price of $17.66 represents a price-to-book ratio of 0.8 and an annual dividend yield of 11.32%
Highwoods Announces Availability of Third Quarter 2023 Results
RALEIGH, N.C., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its third quarter 2023 results. To view the release, please visit the investors section of our websi...
Highwoods Declares Quarterly Dividends
RALEIGH, N.C., Oct. 18, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces its Board of Directors has declared a cash dividend of $0.50 per share of common stock for the quarter ...
Highwoods to Release Third Quarter 2023 Results Tuesday, October 24th
RALEIGH, N.C., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) will release its third quarter 2023 results on Tuesday, October 24th, after the market closes.
Blackstone and Airbnb Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400 and S&P SmallCap 600
NEW YORK , Sept. 1, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P 100, S&P MidCap 400 and S&P SmallCap 600 indices effective prior to the o...
Highwoods Announces Availability of Second Quarter 2023 Results
RALEIGH, N.C., July 25, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its second quarter 2023 results. To view the release, please visit the investors section of our webs...
Highwoods to Release Second Quarter 2023 Results Tuesday, July 25th
RALEIGH, N.C., July 05, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) will release its second quarter 2023 results on Tuesday, July 25th, after the market closes.
Invisible Urban Charging, Highwoods Properties to Deploy EV Chargers at Upscale Atlanta Property
NEW YORK--(BUSINESS WIRE)--IUC has replaced existing on-site chargers with 10 state-of-the-art units at Highwoods Properties' recently renovated 200 Riverwood.
Highwoods to Present at Nareit's REITweek: 2023 Investor Conference
RALEIGH, N.C., June 01, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces Ted Klinck, President and Chief Executive Officer, will participate in a Company roundtable presentatio...
Highwoods Announces $40.2M of Non-Core Asset Sales
RALEIGH, N.C., May 31, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has sold One Independence Park, a 116,000 square foot office building in Tampa's Westshore BBD, for $19.5 million....
Office vacancy issue will 'play out over a long period of time', says Barclays' Ajay Rajadhyaksha
Ajay Rajadhyaksha, Barclays' global chairman of research, joins 'Closing Bell' to discuss the slowdown in commercial real estate and the stock market's reaction to the slowdown.
Highwoods Announces Availability of First Quarter 2023 Results
RALEIGH, N.C., April 25, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its first quarter 2023 results. To view the release, please visit the investors section of our web...
Highwoods Properties Selected as 2023 Gold Level Green Lease Leader
RALEIGH, N.C., April 12, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces it has been selected as a 2023 Gold Level Green Lease Leader by the Institute for Market Transformatio...
Highwoods to Release First Quarter 2023 Results Tuesday, April 25th
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Highwoods Obtains $200M Secured Loan
RALEIGH, N.C., March 28, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces it has obtained a $200 million, 5-year secured loan provided by a life insurance company at a fixed ra...
Highwoods Properties, High-quality Real Estate for a Discount
Private equity real estate funds, crowdfunding platforms, and syndicators all seek to justify their high fees and bonuses to investors by convincing them that only they can deliver the results they pr...
REITS to Consider as U.S. Housing Market Tumbles
As the dust settles and markets digest a dire realization, housing markets - which seemed to be the focus for investors and home buyers alike during the 2020-2022 period - are becoming an area of peri...
Highwoods Announces Availability of Fourth Quarter and Full Year 2022 Results
RALEIGH, N.C., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its fourth quarter and full year 2022 results. To view the release, please visit the investors secti...
Highwoods to Release Fourth Quarter and Full Year 2022 Results Tuesday, February 7th
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Highwoods Acquires McKinney & Olive in Uptown Dallas in 50/50 Joint Venture with Granite Properties
$197M Total Investment (at HIW Share) 557,000 Square Feet Trophy Mixed-Use Asset; 99% Leased Substantially Below-Market Rents Ideally Situated Four Blocks from 23Springs Development Project __________...
Property Picks: Top REITs For Growth And Income
Rising rates have hit the real estate investment trust sector particularly hard over the past year. Several leading advisors and contributors to MoneyShow.com, however, have taken a contrary view on t...