HIW Stock Overview
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. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 1/6 |
| Dividends | 6/6 |
Rewards
Risk Analysis
Community Narratives
Create a narrativeNarratives bring a range of perspectives from our community.
Highwoods Properties, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$31.72 |
| 52 Week High | US$36.78 |
| 52 Week Low | US$20.24 |
| Beta | 1.28 |
| 11 Month Change | -2.82% |
| 3 Month Change | -0.063% |
| 1 Year Change | 51.77% |
| 33 Year Change | -28.07% |
| 5 Year Change | -33.40% |
| Change since IPO | 49.27% |
Recent News & Updates
Recent updates
Highwoods Properties: Resilient REIT That Offers Long-Term Upside As Leasing Activity Ramps Up
Oct 21Highwoods Properties: Once A Strong Buy, Now A Hold
Sep 09Highwoods Properties: A 6.5% Yield Isn't Enticing Enough Even After A Good Q2
Jul 30Highwoods Properties Offers A Nice Yield At A Reasonable Price
Jul 07Highwoods Properties: Long-Term Investors Should Consider This Near 8% Yielding REIT
May 02Highwoods Properties: Nothing Could Be Finer Than A REIT From Carolina
Mar 19Highwoods Properties Q4: Strictly An Income Play While The Sector Recovers
Feb 10Highwoods Properties: Cheap But Now A Hold (Downgrade)
Jan 22Highwoods Properties: Fly To Quality With This 8.5% Yield
Jan 10Highwoods: A Safe ~11% Yield And Significant Potential Upside
Oct 29Highwoods Properties: Solid FFO Growth, Strong Leadership Makes It A Buy
Oct 21Highwoods Properties: Likely To Remain Stagnant
Sep 06Highwoods Properties: Up Since Trough, But Still A 'Buy'
Jul 15Highwoods Properties: A Buy Rating With A Generous Dividend Yield Of 6.62%
Feb 01Highwoods Properties: 7.3% Yield Offers Great Opportunity
Dec 22Highwoods Properties works with Bromley to develop office in Tampa, Florida
Dec 13Highwoods Properties FFO of $1.04 beats by $0.08, revenue of $207M beats by $1.87M
Oct 25Stick To The Sunbelt And Buy Highwoods Properties
Oct 19Highwoods gets new $200M term loan, bringing total loans to $550M for the year
Oct 11Highwoods reports no notable damage from hurricane Ian
Oct 03Highwoods Properties closes $203M acquisition of office building
Aug 17Highwoods Properties: Nothing Could Be Finer Than This REIT In Carolina
Aug 04Highwoods Properties Q2 2022 Earnings Preview
Jul 25Highwoods Properties: Buy The Dip And Start The DRIP
Jun 28Shareholder Returns
| HIW | US Office REITs | US Market | |
|---|---|---|---|
| 7D | -1.9% | -1.4% | 0.7% |
| 1Y | 51.8% | 27.9% | 32.2% |
Return vs Industry: HIW exceeded the US Office REITs industry which returned 30.2% over the past year.
Return vs Market: HIW exceeded the US Market which returned 31.9% over the past year.
Price Volatility
| HIW volatility | |
|---|---|
| HIW Average Weekly Movement | 2.7% |
| Office REITs Industry Average Movement | 3.8% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.4% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: HIW has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: HIW's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1978 | 349 | Ted Klinck | www.highwoods.com |
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 customers, their teammates and, in turn, our stakeholders.
Highwoods Properties, Inc. Fundamentals Summary
| HIW fundamental statistics | |
|---|---|
| Market cap | US$3.51b |
| Earnings (TTM) | US$141.49m |
| Revenue (TTM) | US$829.29m |
23.8x
P/E Ratio4.1x
P/S RatioIs HIW overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HIW income statement (TTM) | |
|---|---|
| Revenue | US$829.29m |
| Cost of Revenue | US$270.25m |
| Gross Profit | US$559.04m |
| Other Expenses | US$417.55m |
| Earnings | US$141.49m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.33 |
| Gross Margin | 67.41% |
| Net Profit Margin | 17.06% |
| Debt/Equity Ratio | 135.2% |
How did HIW perform over the long term?
See historical performance and comparisonDividends
6.3%
Current Dividend Yield53%
Payout RatioDoes HIW pay a reliable dividends?
See HIW dividend history and benchmarks| Highwoods Properties dividend dates | |
|---|---|
| Ex Dividend Date | Nov 18 2024 |
| Dividend Pay Date | Dec 10 2024 |
| Days until Ex dividend | 15 days |
| Days until Dividend pay date | 7 days |
Does HIW pay a reliable dividends?
See HIW dividend history and benchmarks