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HIW

Highwoods Properties NYSE:HIW Stock Report

Last Price

US$19.82

Market Cap

US$2.1b

7D

-8.7%

1Y

-55.4%

Updated

23 Mar, 2023

Data

Company Financials +

Highwoods Properties, Inc.

NYSE:HIW Stock Report

Mkt Cap: US$2.1b

HIW Stock Overview

About the company

Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW) real estate investment trust (“REIT”) and a member of the S&P MidCap 400 Index. Highwoods is a fully-integrated office REIT that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Nashville, Orlando, Pittsburgh, Raleigh, Richmond and Tampa.

Snowflake Analysis

HIW fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance2/6
Financial Health1/6
Dividends5/6

My Notes

Capture your thoughts, links and company narrative

Highwoods Properties, Inc. Competitors

Douglas Emmett

NYSE:DEI

US$2.3b

Corporate Office Properties Trust

NYSE:OFC

US$2.5b

Cousins Properties

NYSE:CUZ

US$2.8b

JBG SMITH Properties

NYSE:JBGS

US$1.8b

Price History & Performance

Summary of all time highs, changes and price drops for Highwoods Properties
Historical stock prices
Current Share PriceUS$19.82
52 Week HighUS$47.01
52 Week LowUS$19.70
Beta1.13
1 Month Change-28.29%
3 Month Change-28.65%
1 Year Change-55.42%
3 Year Change-43.48%
5 Year Change-54.77%
Change since IPO-6.73%

Recent News & Updates

Highwoods Properties: A Buy Rating With A Generous Dividend Yield Of 6.62%

Feb 01

Recent updates

Highwoods Properties: A Buy Rating With A Generous Dividend Yield Of 6.62%

Feb 01

Highwoods Properties: 7.3% Yield Offers Great Opportunity

Dec 22

Highwoods Properties works with Bromley to develop office in Tampa, Florida

Dec 13

Highwoods Properties FFO of $1.04 beats by $0.08, revenue of $207M beats by $1.87M

Oct 25

Stick To The Sunbelt And Buy Highwoods Properties

Oct 19

Highwoods gets new $200M term loan, bringing total loans to $550M for the year

Oct 11

Highwoods reports no notable damage from hurricane Ian

Oct 03

Highwoods Properties closes $203M acquisition of office building

Aug 17

Highwoods Properties: Nothing Could Be Finer Than This REIT In Carolina

Aug 04

Highwoods Properties Q2 2022 Earnings Preview

Jul 25

Highwoods Properties: Buy The Dip And Start The DRIP

Jun 28

Highwoods Properties: A Healthy Cash Cow In Green Pastures

Apr 15

Highwoods Properties: Upside Potential Doesn't Stop Here

Jan 13

Highwoods Properties: You May Have Overlooked This Undervalued Gem

Nov 02

Highwoods Properties: The Dividend Raise Is Music To Investors' Ears

Aug 17

Howard Hughes (HIW) Investor Presentation - Slideshow

Jun 16

3 Reasons Highwoods Properties Could Be Your Undervalued Gem

May 31

Here's Why We Think Highwoods Properties (NYSE:HIW) Is Well Worth Watching

Apr 07
Here's Why We Think Highwoods Properties (NYSE:HIW) Is Well Worth Watching

Should You Be Excited About Highwoods Properties, Inc.'s (NYSE:HIW) 14% Return On Equity?

Mar 12
Should You Be Excited About Highwoods Properties, Inc.'s (NYSE:HIW) 14% Return On Equity?

If You Had Bought Highwoods Properties' (NYSE:HIW) Shares A Year Ago You Would Be Down 23%

Feb 11
If You Had Bought Highwoods Properties' (NYSE:HIW) Shares A Year Ago You Would Be Down 23%

Highwoods Properties declares $0.48 dividend

Feb 02

Did Highwoods Properties, Inc. (NYSE:HIW) Insiders Buy Up More Shares?

Jan 07
Did Highwoods Properties, Inc. (NYSE:HIW) Insiders Buy Up More Shares?

Highwoods Properties: A 4.8% Yield From A High Quality REIT

Dec 18

Highwoods Properties, Inc.'s (NYSE:HIW) Stock Is Going Strong: Is the Market Following Fundamentals?

Dec 03
Highwoods Properties, Inc.'s (NYSE:HIW) Stock Is Going Strong: Is the Market Following Fundamentals?

Highwoods Properties (HIW) Investor Presentation - Slideshow

Nov 19

Shareholder Returns

HIWUS Office REITsUS Market
7D-8.7%0%0%
1Y-55.4%0%0%

Return vs Industry: Insufficient data to determine how HIW performed against the US industry.

Return vs Market: HIW underperformed the US Market which returned -14.2% over the past year.

Price Volatility

Is HIW's price volatile compared to industry and market?
HIW volatility
HIW Average Weekly Movement5.3%
Office REITs Industry Average Movement0%
Market Average Movement0%
10% most volatile stocks in US Market0%
10% least volatile stocks in US Market0%

Stable Share Price: HIW is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: HIW's weekly volatility (5%) has been stable over the past year.

Highwoods Properties, Inc. Fundamentals Summary

How do Highwoods Properties's earnings and revenue compare to its market cap?
HIW fundamental statistics
Market CapUS$2.13b
Earnings (TTM)US$156.57m
Revenue (TTM)US$830.46m

13.3x

P/E Ratio

2.5x

P/S Ratio

Is HIW overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
HIW income statement (TTM)
RevenueUS$830.46m
Cost of RevenueUS$259.81m
Gross ProfitUS$570.66m
Other ExpensesUS$414.09m
EarningsUS$156.57m

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

Apr 25, 2023

Earnings per share (EPS)1.49
Gross Margin68.72%
Net Profit Margin18.85%
Debt/Equity Ratio124.6%

How did HIW perform over the long term?

See historical performance and comparison

Dividends

10.1%

Current Dividend Yield

134%

Payout Ratio