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Highwoods Properties (HIW)
:HIW
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HIW Stock Chart & Stats
Day’s Range― - ―
52-Week Range$21.37 - $36.78
Previous CloseN/A
Volume150.94K
Average Volume (3M)908.14K
Market Cap
$3.11B
Enterprise Value$7.01B
Total Cash (Recent Filing)$49.49M
Total Debt (Recent Filing)$1.95B
Price to Earnings (P/E)22.0
Beta1.53
Next Earnings
Feb 11, 2025EPS Estimate
0.11Next Dividend Ex-DateN/A
Dividend Yield6.84%
Share Statistics
EPS (TTM)1.33
Shares Outstanding106,020,424
10 Day Avg. Volume693,516
30 Day Avg. Volume908,140
Standard Deviation0.09
R-Squared0.54
Alpha-0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)3.75
Price to Cash Flow (P/CF)8.00
P/FCF Ratio7.20
Enterprise Value/Market Cap2.26
Enterprise Value/Revenue8.51
Enterprise Value/Gross Profit12.40
Enterprise Value/Ebitda11.42
Forecast
1Y Price Target
$30.00Price Target Upside2.42% Upside
Rating ConsensusHold
Number of Analyst Covering8
Highwoods Properties News
Bulls Say, Bears Say
Bulls Say
Earnings GrowthContinued leasing wins in the core portfolio and lease-up of its development pipeline should create a positive runway for earnings growth to resume in the second half of 2025 and start to ramp in 2026.
Financial PerformanceThe company's FFO of $0.90 beat the consensus estimates, driven by higher property NOI.
Leasing ActivityLeasing activity was robust, with the total development pipeline being 49.2% leased, showing strong demand.
Bears Say
Financial PerformanceThe debt-to-Adjusted EBITDAre ratio increased to 6.1x from 5.8x, suggesting a rise in leverage.
Operational CostsHIW had its highest leasing costs in five quarters, and the company's guidance raise of $0.045/sh was smaller than its $0.06/sh other income beat.
UncertaintyQuestions about Forward Expiration Schedule Still Remain.
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Ownership Overview
1.70% Insiders
36.01% Mutual Funds
0.11% Other Institutional Investors
27.19% Public Companies and Individual Investors
HIW FAQ
What was Highwoods Properties’s price range in the past 12 months?
Highwoods Properties lowest stock price was $21.37 and its highest was $36.78 in the past 12 months.
What is Highwoods Properties’s market cap?
Highwoods Properties’s market cap is $3.11B.
When is Highwoods Properties’s upcoming earnings report date?
Highwoods Properties’s upcoming earnings report date is Feb 11, 2025 which is in 32 days.
How were Highwoods Properties’s earnings last quarter?
Highwoods Properties released its earnings results on Oct 22, 2024. The company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.214 by -$0.074.
Is Highwoods Properties overvalued?
According to Wall Street analysts Highwoods Properties’s price is currently Undervalued.
Does Highwoods Properties pay dividends?
Highwoods Properties pays a N/A dividend of $2 which represents an annual dividend yield of 6.84%. See more information on Highwoods Properties dividends here
What is Highwoods Properties’s EPS estimate?
Highwoods Properties’s EPS estimate is 0.11.
How many shares outstanding does Highwoods Properties have?
Highwoods Properties has 106,020,424 shares outstanding.
What happened to Highwoods Properties’s price movement after its last earnings report?
Highwoods Properties reported an EPS of $0.14 in its last earnings report, missing expectations of $0.214. Following the earnings report the stock price went up 0.428%.
Which hedge fund is a major shareholder of Highwoods Properties?
Among the largest hedge funds holding Highwoods Properties’s share is Davis Selected Advisers. It holds Highwoods Properties’s shares valued at 5M.
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Highwoods Properties Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$30.00 (2.42% Upside)
$30.00 (2.42% Upside)
Blogger Sentiment
Bullish
HIW Sentiment 70%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 43.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $205.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 3.6%
Last 30 Days ▼ 7.3%
Last 30 Days ▼ 7.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
34.38%
12-Months-Change
Fundamentals
Return on Equity
5.98%
Trailing 12-Months
Asset Growth
0.06%
Trailing 12-Months
Company Description
Highwoods Properties
Highwoods Properties, Inc. operates as a real estate investment trust, which engages in the operation, acquisition and development of office properties. It operates through the office, and other segments. Its markets includes Atlanta, Greensboro, Memphis, Nashville, Orlando, Pittsburgh, Raleigh, Richmond, and Tampa. The company was founded by Ronald P. Gibson in 1978 and is headquartered in Raleigh, NC.
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HIW Company Deck
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HIW Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance, robust leasing activity, and significant progress in development projects, with a solid balance sheet supporting future growth. However, challenges remain with occupancy rates, higher operating expenses, and uncertainties in exiting the Pittsburgh market.Read More>---
HIW Stock 12 Month Forecast
Average Price Target
$30.00
▲(2.42% Upside)
Technical Analysis
Boston Properties
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Cousins Properties
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Douglas Emmett
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Best Analysts Covering HIW
1 Year
1 Year Success Rate
15/27 ratings generated profit
1 Year Average Return
+6.51%
reiterated a buy rating last month
Copying Michael Lewis's trades and holding each position for 1 Year would result in 55.56% of your transactions generating a profit, with an average return of +6.51% per trade.
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